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.


61° 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

National Pizza Franchise Coming To Sioux Falls

4/22/2014 4:24 PM

The South Dakota franchise owner of Marco's Pizza plans to open a third location in Sioux Falls at 5007 S. Louise Avenue, next to Noodles &am...

Full Story
It Looks Like A Credit Card, But It's Not

4/22/2014 10:01 PM

Small businesses often are short on cash or credit and in need of funding.  A California company is offering local businesses financing through t...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch
Redfield Drive-In To Stay Open

4/23/2014 6:00 PM

They continue to be a dying breed but not in Redfield. A family feared the local drive-in movie theatre would close and decided to take on the task of...

Full Story | Watch
City Of Worthington: Dilapidated Mall Is Due To Neglect From Ownership

4/21/2014 10:07 PM

The Northland Mall has been a mainstay in the Worthington community for over 35 years. The dilapidated shopping center has a leaky roof, which could l...

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED