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.


59° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Morning Business Brief

December 4, 2012, 5:51 AM

Tuesday Morning Business Brief

Stock prices lost ground on Wall Street in Monday trading. The Dow fell 60 points to 12,966. The S&P dropped nearly 7, while the Nasdaq lost 8 points. Futures rose slightly this morning.

  • International stock markets meandered today as traders weighed a surprise drop in U.S. factory production against hopes that the U.S. will avoid the so-called fiscal cliff. Benchmark crude oil fell below $89 per barrel. The dollar rose against the euro but fell against the yen.
  • European Union finance ministers say they hope to have a deal by the end of the year that will give the European Central Bank wide-ranging authority to better deal with future financial crises. They're trying to set up a united banking supervisor but remain divided over whether the ECB should oversee all banks or only the largest.
  • The leader of an anti-bailout party leading opinion polls in Greece has called for a delay in the repayment of rescue loans until the country emerges from its major recession, which is heading into a sixth year. Alexis Tsipras, leader of the main opposition Radical Left Coalition Party, argued austerity policies pursued by the three-party coalition government will weaken Greece's economy and leave the country more reliant on emergency loans.
  • The United States is leading an effort at the international Internet conference to reject any proposed oversight revisions. American envoys say they are working with other nations on a proposal to drop all discussions of possible regulations. The concern is new rules could complicate commerce and be used by some nations to justify further cyber-crackdowns.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Bear Shatters Glass Wall At Minnesota Zoo

7/6/2015 2:50 PM

A grizzly bear at the Minnesota Zoo repeatedly slammed a 50-pound rock into the glass wall of its enclosure, cracking the thick pane separating the be...

Full Story
Sioux Falls Indoor Racing & Rec Business Closes

7/7/2015 11:02 AM

Sioux Falls first indoor go-kart racing and recreation business has closed its doors.  

Full Story
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Don't Twist That Oreo: Cookie Gets Skinny, 'Sophisticated'

7/6/2015 10:06 AM

Oreos are getting a skinny new look, and its maker says the new cookie is a "sophisticated" snack for grown-ups that isn't meant to be t...

Full Story
Starbucks: Prices For Some Drinks To Go Up By 5 To 20 Cents

7/6/2015 2:06 PM

Starbucks says it's hiking prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks.

Full Story


Events