User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


20° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Afternoon Business Brief

April 30, 2012, 1:28 PM

Monday Afternoon Business Brief

Investors aren't finding reason to continue to bid up the stock market, after last week's gains. A report on consumer spending out today gave reason for pause, coupled with continued worries about Spain's shrinking economy.

  • Without sufficient income gains, Americans have trouble fueling their spending.  The Commerce Department says after-tax income adjusted for inflation expanded at a rate of just 0.2 percent in March, following two months of declines.
  • Microsoft is investing $300 million for a minority stake in a partnership with Barnes & Noble, looking to get a foothold in the e-books business. The news has sent B&N shares up more than 60 percent in early afternoon trading.
  • Oil is down slightly on concerns of growing economic troubles in Europe, slipping to just above $104 a barrel in New York.  The average price for gasoline is $3.82 a gallon.
  • A 23-year-old Irish-themed casino on the Las Vegas Strip is closing to make way for a new planned development. Caesars Entertainment, parent of O'Shea's Casino, is closing the property to make way for the $500 million Linq Project, which will include an outdoor shopping and dining area and a giant observation wheel.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch
New Sioux Falls Shop Opens Thursday

11/19/2014 11:10 AM

Holiday shoppers will soon have a new spot to buy locally made gifts.

Full Story
Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
Gas Stations In Region Struggling To Keep Up Supply

11/18/2014 5:52 PM

Over the past few days, drivers in Sioux Falls have been noticing certain grades of fuel are out of stock at gas stations across town.

Full Story | Watch


Events