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!

 

Friday Evening Business Brief

January 4, 2013, 5:14 PM

Friday Evening Business Brief

It's been a good day on Wall Street. The S&P 500 is closing at its highest level in five years as the stock market extends a New Year's rally. The S&P closed at 1,466, the highest since Dec. 31, 2007, before the financial crisis. The Dow Jones industrial average ended up 43 points at 13,435. The Nasdaq rose just one point to end at 3,101.

  • The price of oil has finished the day higher after the Energy Department reported a much bigger drop in the nation's crude supplies than analysts expected. Benchmark crude for February delivery closed up 17 cents at $93.09 a barrel on the New York Mercantile Exchange. There were also some encouraging economic reports today that raised hopes for higher oil demand.
  • One of the longest and most bitter labor disputes in Atlantic City, N.J. is over. Resorts Casino Hotel has signed a contract with the main casino workers' union, ending a more than two-year dispute that included picketing on the Boardwalk and a pressure campaign by Local 54 of the Unite-HERE union to have other unions cancel conventions at the hotel.
  • Jason Kilar is stepping down as the chief executive of Hulu, the online video service owned by the parents of ABC, NBC and Fox. While he didn't state a reason, the video site has been losing money despite posting nearly $700 million in revenue last year. Kilar has at times clashed with Hulu's owners over company strategy.
  • Spaceport America is urging legislators to limit potential lawsuits from wealthy outer space tourists who take off from New Mexico, saying such a bill is crucial to the future of the project. At issue is liability for passengers who pay to take spaceflights like those planned by Virgin Galactic for $200,000 a head.

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