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.


61° 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!

 

Thursday Afternoon Business Brief

August 2, 2012, 1:40 PM

Thursday Afternoon Business Brief

Stocks are falling and so are oil prices because investors aren't happy that the European Central Bank failed to announce immediate new measures to ease the continent's debt crisis. The euro has also fallen against the dollar.

  • There's a mixed batch of economic news today. More people applied for jobless benefits last week, but the big picture suggests hiring may be improving. Retail sales in July exceeded expectations. Factory orders slipped further in June. And mortgage rates ticked up slightly from their record lows.
  • A $361 million loss in Europe and $19 million in red ink in South America are being blamed for dragging down General Motors' second-quarter profit. But the company's overall profit is better than Wall Street expected. GM earned 90 cents per share, compared with 75 cents forecast by analysts.
  • Sears and Kmart are recalling about 795,000 Kenmore dehumidifiers because of potential fire and burn hazards. There have been 107 incidents reported, including more than $7 million in property damage and three smoke inhalation injuries. The dehumidifiers were made between 2003 and 2005.
  • American Airlines has come up with a new way to make money. It will deliver your bags to your home or hotel -- for a fee. That's on top of the fee for checking the bags. Meanwhile, United Airlines says it's upping prices on many U.S. flights by $10 per round trip.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

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
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events