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.


64° 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 18, 2012, 5:53 AM

Tuesday Morning Business Brief

Stocks surged strongly Monday. The Dow rose 100 points to 13,235. The S&P added 17 points to 1,430, while the Nasdaq jumped 39 points to 3,011.

  • Asian stock markets ended mostly higher today, boosted by signs that China's recovery is gaining traction and hopes for a new stimulus in Japan. In early trading in Europe, shares in Germany and France are up. Wall Street is set to gain with Dow and S&P 500 futures both up 0.3 percent.
  • Oil extended its rise above $87 a barrel today amid optimism American leaders can reach a budget deal and avoid automatic tax and spending cuts that might dampen growth and crimp demand for crude. Benchmark oil for January delivery was up 44 cents at $87.65 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 47 cents to close at $87.20 on Monday in New York.
  • Toyota has been slapped with a more than $17 million fine by the U.S. government for failing once again to quickly report problems to federal regulators and for delaying a safety recall. The $17.4 million fine from the National Highway Traffic Safety Administration is the fourth fine levied against Toyota in the past two years for similar infractions. And it's a tiny fraction of Toyota's earnings - a $3.2 billion profit in the third quarter alone.
  • Six dollars a gallon for milk? Some farmers and consumers fear it's possible if Congress doesn't take action soon on a farm bill. The old one expired in September. The agriculture industry is hoping farm legislation can be added to any fiscal package before the end of the year or that the existing law could be extended. If not, the way milk prices are set reverts to a 1949 law, which would see dairy prices surge.

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

Red Robin Hiring In Sioux Falls

6/24/2015 2:51 PM

There is evidence that Red Robin is coming to Sioux Falls.

Full Story
Wild Bat Found At Great Plains Zoo Tests Positive For Rabies

6/26/2015 11:19 AM

The Great Plains Zoo is warning visitors after a bat found on a sidewalk there tested positive for rabies.

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Speed Limit Dropping To 75 MPH Along Stretch Of I-90

6/26/2015 1:53 PM

Starting next week, drivers on Interstate 90 will have to slow down from the Wyoming border to just west of Exit 55 in Rapid City.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story


Events