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.


32° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Afternoon Business Brief

May 18, 2012, 1:18 PM

Friday Afternoon Business Brief

After a losing streak that has persisted over the past two weeks, stocks have been under pressure again today. With a highly-hyped debut for Facebook shares and high anxiety over Greece's possible exit from the euro, the key averages have been going back and forth between negative and positive territory.

  • Facebook's shares were recently trading up about 8 percent in its debut on the Nasdaq Stock Market. The company and its early investors raised $16 billion in the offering, which valued Facebook at $104 billion. That makes Facebook the most valuable U.S. company to ever go public.
  • France's Francois Hollande met today with President Barack Obama in the Oval Office, after the French leader's recent election. Obama says this weekend's gathering of economic powers at Camp David will promote a "strong growth agenda."
  • Greece's government spokesman says German Chancellor Angela Merkel has floated the idea that the country hold a referendum on the euro alongside national elections next month. Greece is set to hold elections on June 17.
  • The Labor Department says unemployment rates fell in two-thirds of U.S. states last month. Also, in many states, unemployment has fallen well below the national average, which was 8.1 percent last month. Rates were lower than 7 percent in 22 states in April.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Lick The Spoon Expands Pot Pie Business

4/14/2015 3:00 PM

Lick The Spoon is expanding its pot pie business.  

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Dozens Of Park Positions To Fill Yet

4/15/2015 5:00 PM

Every summer, the city of Sioux Falls hires hundreds of people for seasonal jobs within the park system

Full Story | Watch
SD Driver License Stations Accept Plastic

4/16/2015 11:45 AM

You no longer need to stop by a cash machine before renewing your driver license.  All South Dakota exam stations now accept credit and debit car...

Full Story
What To Shred On Saturday

4/16/2015 10:10 PM

April 15, 2015 has come and gone.  Now it's time to get rid of old tax returns you don't need anymore.  But what should you shred an...

Full Story | Watch


Events