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.


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!

 

Monday Morning Business Brief

December 31, 2012, 6:54 AM

Monday Morning Business Brief

The House and Senate will spend at least part of New Year's Eve in session waiting from some sort of deal they can vote on to avoid the so-called fiscal cliff of big tax hikes and steep spending cuts. There are still unresolved issues as negotiations continue.

  • Stocks fell for a fifth day Friday on concern that Washington lawmakers will fail to reach a budget deal before a year-end deadline. The five-day losing streak for the Dow Jones industrial average was the longest since July. The Dow lost 158 points to close at 12,938 Friday. The Standard & Poor 500 index fell 15 points and the Nasdaq dropped 25 points. Futures trading suggests gains at this morning's opening.
  • With just hours left before the U.S. hits the "fiscal cliff," international investors sold off stocks to lock in profits just in case budget negotiations in Washington fail. Some Asian markets are closed for the New year's holiday. Benchmark crude oil for February delivery rose to near $91 per barrel. The dollar gained against the euro and was unchanged against the yen.
  • It's a deal that could head off a possible doubling of milk prices next month. Sunday the top leaders in both parties on the House and Senate Agriculture committees agreed to a one-year extension of the 2008 farm bill that expired in October. House leaders have not yet set a vote while considering shorter term bills.
  • Ford says it expects to sell 2.2 million vehicles this year, with the Ford Focus being its most popular model. The Dearborn, Mich., company says it is the second year in a row it will sell more than 2 million cars. It sold more than 737,000 Ford Focuses through September and over 560,000 Fiestas.

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
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
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
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