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.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Winter weather returns early this week.  Storm Center Update

 

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

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events