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.


32° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Freezing rain switching to snow Sunday evening through Monday.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Morning Business Brief

January 11, 2013, 5:56 AM

Friday Morning Business Brief

Will the Standard and Poor's 500 stocks perform well again today? The S&P closed at another five-year high yesterday after the stock market got a boost from reports suggesting the outlook for economic growth may be improving. The S&P rose 11 points to 1,472.12, its highest close since December 2007. The Dow ended up nearly 81 points and the Nasdaq composite rose 16. Wall Street futures this morning are flat.

  • While most international stock markets were lackluster, Japan's Nikkei jumped Friday after Prime Minister Shinzo Abe announced a massive stimulus package.  Oil prices are edging down following a rise in China's inflation.
  • The Commerce Department releases international trade data for November today. And the Treasury releases the federal budget for December. Also, Wells Fargo reports quarterly financial results.
  • American Express says it will slash roughly 5,400 jobs, mainly in its travel business, as it seeks to cut costs and transform its operations as more of its customers shift to online portals for booking travel plans and other needs. The job cuts will be partly offset by jobs that the company expects to add this year.
  • Nissan will assemble its Murano crossover vehicle in its Mississippi plant beginning in late 2014. The Japanese automaker says it will add 400 jobs to its current total of more than 5,000. Nissan won't say how much it will spend to start making Muranos there. Mississippi Gov. Phil Bryant says the state isn't offering additional incentives.

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

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