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.


39° 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 Evening Business Brief

January 11, 2013, 5:09 PM

Friday Evening Business Brief
  • Stocks have closed little changed on Wall Street as the S&P 500 eased just below a five-year high reached yesterday. The index slipped a fraction of a point to 1,472 today. The Dow Jones industrial average ended with the gain of 17 points at 13,488. And the Nasdaq composite rose nearly 4 points to close at 3,125.
  • Oil prices are down today on concerns that China's government could limit economic stimulus measures because of higher inflation. Benchmark oil dropped 26 cents to finish at $93.56 a barrel in New York. A day earlier, a report showing a rebound in China's trade growth boosted oil because it suggested a possible recovery in global demand.
  • Air Force leaders will make sweeping budget cuts in coming weeks, if Congress can't agree on a budget and billions of dollars in automatic cuts are triggered. The cuts would be achieved by cutting flying hours and preparing for a possible end to all noncombat or critical flights this summer. The Air Force secretary also laid out broad steps the service will be taking to enforce a civilian hiring freeze, cancel air show appearances and flyovers, and slash base improvements by about 50 percent.
  • Taco Bell is testing a new value menu that could put it in more direct competition with the Dollar Menu at McDonald's. The Mexican-fast-food chain is testing a "$1 Cravings Menu" in two markets. It lists nine items, including three new offerings. If successful, it would replace the current value menu. The tests began in October in Fresno, California, and Knoxville, Tennessee.
  • BP is urging a federal judge to rule the company can't be penalized for millions of gallons of oil that spewed from its blown-out well but was captured before it could spill into the Gulf of Mexico. A criminal settlement with the Justice Department in November didn't resolve the government's civil claims against BP.

Find more business stories on the Back To Business page.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

National Pizza Franchise Coming To Sioux Falls

4/22/2014 4:24 PM

The South Dakota franchise owner of Marco's Pizza plans to open a third location in Sioux Falls at 5007 S. Louise Avenue, next to Noodles &am...

Full Story
It Looks Like A Credit Card, But It's Not

4/22/2014 10:01 PM

Small businesses often are short on cash or credit and in need of funding.  A California company is offering local businesses financing through t...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch
Redfield Drive-In To Stay Open

4/23/2014 6:00 PM

They continue to be a dying breed but not in Redfield. A family feared the local drive-in movie theatre would close and decided to take on the task of...

Full Story | Watch
City Of Worthington: Dilapidated Mall Is Due To Neglect From Ownership

4/21/2014 10:07 PM

The Northland Mall has been a mainstay in the Worthington community for over 35 years. The dilapidated shopping center has a leaky roof, which could l...

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED