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.


43° 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!

 

Thursday Morning Business Brief

January 3, 2013, 5:35 AM

Thursday Morning Business Brief

The Dow is coming off its big gains after Congress passed a budget deal that avoided the tax hikes and government spending cuts associated with the fiscal cliff. The Dow jumped 308 points to close at 13,413, its biggest advance in more than a year. It's now just 5 percent below its record high close reached in October 2007. The S&P 500 rose 2.5 percent, while the Nasdaq added more than 3 percent.

  • Asian stocks rose today, a day after the U.S. reached a deal to stave off the so-called fiscal cliff, but enthusiasm waned by the time European markets opened. Benchmark crude oil fell below $93 per barrel. The dollar gained against the euro but slipped against the yen.
  • Moody's Investors Service says Congress must come up with a plan to shrink the budget deficit if it wants to keep the U.S. government from losing its "Aaa" credit rating. The credit rating agency says it expects lawmakers will take the additional steps needed to lower the deficit, which has topped $1 trillion annually in each of the past four years.
  • Automakers release their December sales figures today. A number of retailers are also reporting their December numbers. Early numbers were disappointing, suggesting that U.S. shoppers spent cautiously during the holiday season.
  • Google's executive chairman is preparing to travel to one of the last frontiers of cyberspace: North Korea. Sources say Eric Schmidt will be traveling to North Korea on a private, humanitarian mission led by former New Mexico Gov. Bill Richardson that could take place as early as this month. The trip would is a first for a top Google executive. North Korea is considered to have the most restrictive Internet policies on the planet.

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

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Large Security Threat On Internet

4/10/2014 6:00 PM

It's already being called one of the biggest security threats the Internet has ever seen.

Full Story | Watch
Titan Machinery To Close Eight Stores Across U.S.

4/11/2014 6:22 AM

The company based in West Fargo, N.D., on Thursday cited a slow recovery in construction sector among the reasons for the move, which will leave 128 p...

Full Story
Heartbleed Bug Causes Major Security Headache

4/10/2014 9:33 AM

A confounding computer bug called "Heartbleed" is causing major security headaches across the Internet.

Full Story
Family Dollar To Cut Jobs, Close About 370 Stores

4/11/2014 5:44 AM

Family Dollar says it will be cutting jobs and closing about 370 underperforming stores as it looks for ways to improve its financial performance. It ...

Full Story
New Brewery Proposed In Northeast Sioux Falls

4/11/2014 8:58 AM

A new brewery is proposed for the Vance-Lantus building at 1400 E. Robur Drive, which is off of North Cliff Avenue, just north of Interstate 90 in Sio...

Full Story


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED