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

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

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
Out-Of-Court Settlement Reached In Lawsuit Over Wildfire

2/1/2016 7:34 AM

Court documents indicate a federal judge has signed off on a confidential settlement between Black Hills Power and the 87 plaintiffs.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Toppers Pizza To Open On East 10th Street

2/1/2016 4:13 PM

Toppers Pizza is adding a second Sioux Falls location.

Full Story
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story


Events