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.


35° 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 Returns To KELOLAND This Weekend. Click here for details. 

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Afternoon Business Brief

October 18, 2012, 1:43 PM

Thursday Afternoon Business Brief

Stocks are down in what's been a quiet session. The Dow Jones industrial average is down about 13 points at 13,544. The Nasdaq Composite Index is down 30 points at 3,073. The S-and-P 500 Index is down four points at 1,457.

  • Google stock hit the skids after its third-quarter earnings report became public several hours ahead of schedule. The report showed a drop in profit and revenue of more than 20 percent. The stock lost nine percent before trading was halted so investors could review the report.
  • There's good news for motorists now that gas prices have started their seasonal slide. The national average retail price is $3.74 a gallon, down 13 cents from its peak of a month ago. One analyst expects prices to drop as much as 15 cents a week for the next three weeks.
  • General Motors says it will hire 3,000 workers from Hewlett-Packard. The move is part of a larger GM strategy to have more control over the technology it uses in cars and to run its business.
  • Good news on the manufacturing front. The Federal Reserve Bank of Philadelphia says that manufacturing in the Philadelphia region expanded in October after five months of declines. That's a positive sign for a sector which had been weakening for much of the 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
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
Omaha Writer To Feature Queen City Bakery

1/28/2015 6:00 PM

Queen City Bakery in Sioux Falls has developed a large fan base locally and now people from all over can experience why. The business is set to be fea...

Full Story | Watch


Events