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.


22° 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 Watch for parts of KELOLAND. Click here for details. 

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Wednesday Evening Business Brief

January 9, 2013, 5:29 PM

Wednesday Evening Business Brief
  • Stocks are closing higher, boosted by encouraging quarterly results from several well-known companies. The Dow Jones industrial average rose 61 points to close at 13,390 today. The S&P 500 rose three and the Nasdaq composite rose 14. Airplane maker Boeing rose 3.5 percent after falling for two days because of worries about technical problems with its 787s.
  • The price of oil barely budged today. Benchmark oil slipped 5 cents to end at $93.10 per barrel in New York trading. After rising on the year's first trading day following the resolution of a budget standoff in Washington, oil has been holding around $93.
  • Labor Secretary Hilda Solis is resigning. She says she plans to return to her native California. Solis is expected to run for a seat on the Los Angeles County Board of Supervisors. She's been praised by unions for aggressive enforcement of wage and hour laws and job safety regulations. But criticized by business groups for not taking a more cooperative approach.
  • A firm that analyzes customer traffic says retail sales climbed 2.5 percent for the November and December period, boosted by a last-minute shopping surge. According to preliminary sales data, Chicago-based ShopperTrak says shoppers spent $248.8 billion. The data offers more evidence that the holiday shopping season was respectable but not robust.
  • An Argentine naval ship detained for more than two months in Ghana because of a billion-dollar international debt dispute is back home. Ghana courts had ordered the ship held in October on a claim by a Cayman Islands-based hedge fund owned by an American billionaire. But a U.N. tribunal ordered the ship's release last month after Argentina argued that warships are immune from seizure.

Read more business stories in the Back To Business page.

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
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
Omaha Writer To Feature Queen City Bakery

1/28/2015 6:00 PM

Queen City Bakery in Sioux Falls has developed a large fan base locally and now people from all over can experience why. The business is set to be fea...

Full Story | Watch


Events