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.


53° 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

Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
New General Motors Recalls

7/23/2014 2:24 PM

General Motors has issued six more recalls, involving more than 700,000 vehicles.

Full Story


Events