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.


68° 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 Evening Business Brief

November 7, 2012, 5:38 PM

Wednesday Evening Business Brief
  • Stocks suffered their worst one-day loss of the year. The Dow dropped 313 points, or 2.4 percent, to 12,933. The S&P declined 34 points, while the Nasdaq declined 75 points.
  • First Sandy, now snow. Major airlines have canceled flights in and out of the New York area as the region contends with the second significant storm in little more than a week. Superstorm Sandy caused more than 20,000 flight cancellations, making it the second-most disruptive storm in the last seven years.
  • Apple's stock is now in bear market territory having dropped more than 20 percent from its record high in September. Even so, Apple still enjoys the largest market capitalization of any publicly-traded company, still well ahead of no. 2 ExxonMobil.
  • The price of oil dropped nearly 5 percent today. Benchmark crude declined more than $4 to settle at $84.44.
  • The Federal Reserve says Americans took out more student and auto loans in September. The result was that consumer borrowing jumped to a record level. But they cut back on credit card borrowing, a sign many remain cautious about taking on high-interest debt.

Find more business stories on the Back To Business page.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

PREMIER Bankcard Lawsuit Comes Down To Link

8/22/2014 10:00 PM

$5 million: that's the price tag on a lawsuit filed by a South Dakota credit card company, First PREMIER/PREMIER Bankcard against a credit card co...

Full Story | Watch
Single-Screen Theater Closed After Four Decades

8/23/2014 12:33 PM

A single-screen movie theater in Vermillion has closed after serving the area for more than four decades.

Full Story
Sioux Falls Store Included In UPS Breach

8/21/2014 1:53 PM

If you used a credit or debit card at a UPS Store in the last seven months, some of your personal information could be a risk.  

Full Story
Woman-Owned Highway Construction Company

8/21/2014 10:05 PM

There are nearly eight million women owned businesses in the U.S.  But only eight percent of construction businesses are owned by women. 

Full Story | Watch
Napa Winery With SF Ties Recovers From Earthquake Damage

8/24/2014 6:35 PM

A Napa Valley winery with Sioux Falls ties received damage from the largest earthquake to hit the bay area in 25 years.

Full Story


Events