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.


73° 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.

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
 

View business

You may also like

Flights Cut/Airfares Rise Out of Sioux Falls

5/26/2015 10:10 PM

Just last summer, KELOLAND News reported that more people were flying Frontier. The discount airline had daily flights to Denver that were more than 9...

Full Story | Watch
Women's Clothier Torrid Coming To Empire Mall

5/26/2015 1:35 PM

Construction is scheduled to begin in July, and the store plans to open in early fall. 

Full Story
Sioux Falls Named Third Most Livable City For People Over 50

5/21/2015 2:30 PM

AARP cites Sioux Falls' 25-mile walking and biking trail that loops the entire city, offering views of the historic core, as one of the reaso...

Full Story
New Retail Planned For 85th And Louise Avenue

5/22/2015 1:15 PM

Kevin Nyberg is planning a 22,000- to 25,000-square-foot Ace store at the intersection, but the project could be a few years off due to the recent exp...

Full Story
Warning: Phone Scams Making The Rounds

5/22/2015 1:15 PM

The Pennington County Sheriff's Office is issuing an alert about a phone scam involving jury duty.

Full Story


Events