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!


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

Previous Story

Next Story



View business

You may also like

Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch
Pepsi Perfect To Be Released October 21

10/5/2015 3:08 PM

On October 21, the same day Marty McFly traveled through time, the soda company is releasing Pepsi Perfect.

Full Story
Cupcake Baker Whips Up A Book

10/5/2015 3:35 PM

The woman who opened South Dakota's first gourmet cupcake shop has published a book.  Melissa Johnson has written, "Fingers in the Frost...

Full Story
State Waiting On Word From Feds About GEAR UP Program Future

10/6/2015 3:15 PM

Education Secretary Melody Schopp says the state is waiting for word from the U.S. Department of Education about the future of a Native American colle...

Full Story