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.


66° 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




Sponsored

 


View business

You may also like

Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Filly Flair Set To Open Sioux Falls Store On Saturday

7/30/2015 5:18 PM

A successful online retailer is opening her first brick and mortar shop in Sioux Falls.

Full Story
Bass Pro Shops Turned Brandon Down

8/3/2015 4:00 PM

A Sioux Falls architect who is on Brandon's Planning and Zoning Committee brought a proposal to Bass Pro Shops to locate a store at the Brandon ex...

Full Story
Historic Sid's Liquor Building Has New Owner

8/4/2015 10:10 AM

The former Sid's liquor buildings, which closed in 2014 after six decades of business, has a new owner.  

Full Story


Events