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.


81° 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

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
 

View business

You may also like

Hy-Vee Announces Updates To Sioux Falls Stores

5/27/2015 10:24 AM

There are big plans for the seven Hy-Vee grocery stores in Sioux Falls.

Full Story
Ford Recalls Nearly 423K Vehicles For Power Steering Problem

5/27/2015 3:06 PM

Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven.

Full Story
Software Glitch Can Cause iPhones To Crash

5/27/2015 3:23 PM

A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

Full Story
Flights Cut/Airfares Rise Out of Sioux Falls

5/26/2015 10:10 PM

Just last summer, KELOLAND News reported that more people were flying Frontier. The discount airline had daily flights to Denver that were more than 9...

Full Story | Watch
Women's Clothier Torrid Coming To Empire Mall

5/26/2015 1:35 PM

Construction is scheduled to begin in July, and the store plans to open in early fall. 

Full Story


Events