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.


24° 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.
 Winter Storm for January 31-February 1, 2015

Snow Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Afternoon Business Brief

May 22, 2012, 1:17 PM

Tuesday Afternoon Business Brief

An encouraging report on the housing market nudged most stocks higher today. The Dow Jones industrial average rose 36 points round midday. Stock indexes traded flat until the National Association of Realtors reported that Americans bought more previously owned houses in April, a hopeful sign for the housing market.

  • Facebook's newly public stock is sliding further on its third trading day as investors reconsider how much the social network is worth. Facebook fell $1.09 to $32.94 in late morning trading, after dropping as low as $30.98 earlier in the day. The latest price values the company at about $91 billion.
  • Fears of a slowdown in the global economy are pushing the dollar higher against most major currencies. Ratings agency Fitch downgraded Japan's credit rating, citing the country's ballooning government debt. Continuing uncertainty in Greece pushed shares on the Athens Stock Exchange to their lowest level in 22 years.
  • Google Inc. has completed its $12.5 billion acquisition of phone maker Motorola Mobility Holdings Inc. and says it's appointed a Google executive, Dennis Woodside, as the new CEO of the business. It is Google's largest acquisition ever, and pushes it deeper into cellphones.
  • A Democratic-controlled Senate panel has approved a $2.50 increase in airline security fees that would double the per-passenger fee for those taking nonstop flights. A similar move last year failed because of opposition by Republicans controlling the House. The current effort faces long odds in an election year.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Automakers Recall More Than 2M Vehicles For Faulty Air Bags

1/31/2015 11:43 AM

More than 2 million Toyota, Chrysler and Honda vehicles are being recalled for a second fix for faulty air bags that may inadvertently inflate while t...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story


Events