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.


24° 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.
 Winter Storm for January 31-February 1, 2015

Snow Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

December 6, 2012, 6:15 AM

Thursday Morning Business Brief

Apple shares weighed on the Nasdaq, while the blue chips gained ground. The Dow Jones industrial average rose 83 points at 13,034. The S&P rose 2 points to 1,409, while the Nasdaq was down 23 points to 2,974. Futures were marginally higher this morning.

  • International stock markets were mixed today as investors assessed President Barack Obama's comments that reaching a budget compromise to prevent the U.S. economy from hurtling downward was "not that tough" and could even be done quickly. Benchmark crude oil is unchanged, hovering below $88 per barrel. The dollar rose against the euro and the yen.
  • On today's economic calendar, the Labor Department releases the weekly jobless claims. That's ahead of tomorrow's monthly unemployment report. Freddie Mac releases weekly mortgage rate averages.
  • It's round 2 today in the epic $1 billion patent fight between the world's top two smartphone makers. Apple and Samsung renew their rivalry today in a federal courtroom as Samsung seeks to overturn an Aug. 24 jury verdict that found the Korean tech titan ripped off Apple Inc.'s designs for its iPhone and iPad. Apple wants a bigger award.
  • The European Central Bank is unlikely to offer any further help for Europe's sagging economy today after already lowering interest rates to record lows and calming the region's debt crisis with its plan to buy the bonds of heavily indebted governments. After a year that has seen $1.3 trillion in emergency loans to banks, a rate cut, and President Mario Draghi's vow to "do whatever it takes" to rescue the euro, some analysts say the ECB may consider itself finished with efforts to rescue the eurozone economy.

You can find more 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

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Automakers Recall More Than 2M Vehicles For Faulty Air Bags

1/31/2015 11:43 AM

More than 2 million Toyota, Chrysler and Honda vehicles are being recalled for a second fix for faulty air bags that may inadvertently inflate while t...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story


Events