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.


43° 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!

 

Monday Morning Business Brief

January 14, 2013, 5:35 AM

Monday Morning Business Brief

Investors are hoping the stock market continues to rally today. Stock indexes have been up for the last two weeks. The Dow Jones industrial average rose 53 points last week, the S&P 500 gained 5 points and the Nasdaq composite was up 24 for the week. As for the S&P, the index reached its highest level since December 2007 on Thursday. Futures trading suggests slight gains at this morning's opening.

  • International stock markets rose today on optimism that China's economic recovery is firmly taking root. Many analysts expect China's fourth quarter and 2012 growth figures due Friday to show the world's No. 2 economy continuing to bounce back. Benchmark crude oil rose above $94 per barrel. The dollar fell against the euro but rose against the yen.
  • The agency's head says China's securities watchdog is considering substantially raising the quota that foreign institutions are allowed to invest in the country's stock markets. It's the latest signal from Beijing of plans to open the Chinese capital markets.
  • United Parcel Service Inc. has ditched its $6.9 billion takeover of TNT Express NV after learning that European regulators would reject the deal in its current form. Though TNT will receive a $265.5 million break fee, it faces an uncertain future on its own.
  • Official figures show that industrial output across the 17 European Union countries that use the euro fell in November for the third straight month. The 0.3 percent monthly decline reported by Eurostat, the EU's statistics office, was worse than expected. Markets had forecast output would increase a modest 0.1 percent during the month.

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

Large Security Threat On Internet

4/10/2014 6:00 PM

It's already being called one of the biggest security threats the Internet has ever seen.

Full Story | Watch
Titan Machinery To Close Eight Stores Across U.S.

4/11/2014 6:22 AM

The company based in West Fargo, N.D., on Thursday cited a slow recovery in construction sector among the reasons for the move, which will leave 128 p...

Full Story
Heartbleed Bug Causes Major Security Headache

4/10/2014 9:33 AM

A confounding computer bug called "Heartbleed" is causing major security headaches across the Internet.

Full Story
Family Dollar To Cut Jobs, Close About 370 Stores

4/11/2014 5:44 AM

Family Dollar says it will be cutting jobs and closing about 370 underperforming stores as it looks for ways to improve its financial performance. It ...

Full Story
New Brewery Proposed In Northeast Sioux Falls

4/11/2014 8:58 AM

A new brewery is proposed for the Vance-Lantus building at 1400 E. Robur Drive, which is off of North Cliff Avenue, just north of Interstate 90 in Sio...

Full Story


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