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.


66° 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!

 

Friday Afternoon Business Brief

July 6, 2012, 1:25 PM

Friday Afternoon Business Brief

Amid new evidence of waning momentum for the U.S. economy, stocks are in retreat. The Dow has lost more than 150 points, or 1.3 percent.

  • It is new fodder for the political debate. The Labor Department says the nation's employers added only 80,000 jobs in June. The weak pace of hiring left the unemployment rate unchanged at 8.2 percent.
  • Greece's Prime Minister says his new three-party coalition government is ready to carry out a broad series of structural reforms. Greece has been lagging in reforms demanded by its international creditors in return for billions of euros (dollars) in rescue loans.
  • A person familiar with a patent dispute between Facebook and Yahoo says the two companies have reached a deal that settles lawsuits against each other. According to the source, no money changed hands in the deal. Yahoo sued Facebook in March, saying the online social networking company infringed on its patents covering advertising, privacy controls and social networks.
  • Europe's financial problems are pushing the euro down to a two-year low against the dollar. The U.S. dollar and the Japanese yen are the two big winners as investors search for safety. Borrowing costs for Spain and Italy rose sharply, reflecting investors' unease about the finances of those countries.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story


Events