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.


75° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
PREMIER Bankcard Lawsuit Comes Down To Link

8/22/2014 10:00 PM

$5 million: that's the price tag on a lawsuit filed by a South Dakota credit card company, First PREMIER/PREMIER Bankcard against a credit card co...

Full Story | Watch
Single-Screen Theater Closed After Four Decades

8/23/2014 12:33 PM

A single-screen movie theater in Vermillion has closed after serving the area for more than four decades.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch


Events