User uShare 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.

50° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



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


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Friday Morning Business Brief

December 14, 2012, 5:59 AM

Friday Morning Business Brief

Today's moves in stock market could dictate whether this is a winning, or losing week. In Thursday trading, the Dow fell 75 points to 13,171. The S&P was down 9 points, while the Nasdaq slipped 22. Futures trading suggests a higher opening.

  • International stocks mostly swung higher today after a survey showed China's manufacturing production rose to a 14-month high, offsetting gloom from a sharp drop in Japanese business confidence. Benchmark crude oil rose to near $87 per barrel. The dollar fell against the euro and rose against the yen.
  • The Labor Department this morning releases the November Consumer Price Index, expected to show no inflation at the retail level. Also due today, industrial production figures from the Federal Reserve.
  • A quarterly survey by Japan's central bank shows major Japanese manufacturers are increasingly gloomy, due largely to weakening exports that resulted from antagonisms with China over a territorial dispute. The Bank of Japan's "tankan" index for the three months that ends in December was minus 12, much worse than expected and a steep drop from the minus 3 reading in the previous quarter.
  • A mounting dispute between Washington and Beijing over access to records of Chinese companies with U.S.-traded shares might force major corporate names such as oil giant PetroChina and search engine Baidu to withdraw from American stock exchanges. The dispute highlights the clash between heightened U.S. anti-fraud efforts and official Chinese secrecy. This month, the U.S. Securities and Exchange Commission accused the Chinese affiliates of five major accounting firms of impeding fraud investigations of nine companies by failing to hand over documents.

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

Previous Story

Next Story



View business

You may also like

State's Termination Letter To Educational Cooperative

9/28/2015 11:59 AM

The letter, signed by Deptartment of Education Secretary Melody Schopp, lists eight reasons for the decision not to continue to steer federal grant mo...

Full Story
Melmer Answers Questions About GEAR UP Work

9/28/2015 6:05 PM

Mid Central got $16.5 million in federal money through the state in the last ten years to administer the GEAR UP program to encourage Native American ...

Full Story | Watch
Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Sioux Falls Floral Shop Fills Special Order For Elton John

10/1/2015 4:48 PM

Sir Elton John will be surrounded by beautiful flowers during his stop in Sioux Falls.

Full Story
Following The GEAR UP Grant Money

9/29/2015 6:10 PM

Mid Central Educational Cooperative dispersed the grant money since 2005 to two organizations to run the GEAR UP program, under business manager Scott...

Full Story | Watch