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.


54° 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


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Baby Books Rental Car, Family Denied Refund

3/31/2015 11:28 AM

A Minnesota family can’t believe how a well-known company reacted after their baby made a costly computer mistake.

Full Story | Watch
Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
80 MPH Interstate Speed Limit Starts This Week

3/30/2015 2:18 PM

One of the most talked-about-bills during this year's South Dakota legislative session is set to take effect on Wednesday.

Full Story


Events