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.


-4° 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!

 

Wednesday Afternoon Business Brief

October 31, 2012, 1:28 PM

Wednesday Afternoon Business Brief

Stock trading resumed on Wall Street today, as Mayor Michael Bloomberg rang the opening bell at the New York Stock Exchange. At midday, the key stock market averages were lower.

  • The U.S. Labor Department says the monthly jobs report will be released as scheduled on Friday. There had been concerns it could have been delayed because of Superstorm Sandy.
  • Two of New York City's three major airports are open. Flights are slowly resuming at John F. Kennedy International and Newark Liberty International. LaGuardia is still closed.
  • GM reports third quarter earnings of nearly $1.5 billion. Its operations internationally, excluding China, were better than expected.  GM stock was up about 9 percent at midday after beating earnings expectations on a per share basis.
  • Facebook's stock is dropping as employees became eligible to start selling restricted stock in the company. More than 200 million additional shares and stock options held by employees could potentially hit the market.  CEO Mark Zuckerberg has said that he won't be selling stock until at least next September.

Find the latest local business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

The City's Largest Construction Project Will Impact Thousands

3/2/2015 5:04 PM

It's being billed as the city's largest construction project this year at a cost of just under $9 million and it's going to impact thousan...

Full Story | Watch
Whiffer's Sandwiches Back Open For Business

3/2/2015 4:00 PM

Whiffer's Sandwiches is serving up lunch on Minnesota Avenue again.

Full Story
Costco Citigroup Partnership To Have Impact On Citibank In Sioux Falls

3/3/2015 2:45 PM

Costco is switching credit card company partnerships and that is going to have an impact on Citibank in Sioux Falls.  

Full Story
Great Western Bank To Close Two Sioux Falls Branches

3/4/2015 12:57 PM

Great Western Bank is closing its branches in the Walmart store on South Louise Avenue in Sioux Falls and at the Western Mall at the end of the month.

Full Story
Target Plans $2B In Cost-Cutting Moves

3/3/2015 3:20 PM

Target Corp. plans $2 billion in cost cuts over the next two years through corporate restructuring and other improvements.

Full Story


Events