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.


33° 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!

 

Thursday Morning Business Brief

January 17, 2013, 6:18 AM

Thursday Morning Business Brief

Investors will have more bank earnings reports to digest when the market opens today. Yesterday, Boeing's problems with its 787 Dreamliner kept the Dow in negative territory. The bluechip index lost 24 points to close at 13,511. The S&P gained a fraction, while the Nasdaq climbed seven points.

  • Air safety authorities around the world are joining the U.S. and Japan in grounding Boeing's 787 Dreamliners as an investigation proceeds into problems with possible battery fires. A Japanese safety inspector tells broadcaster NHK that the main battery beneath the cockpit of the All Nippon Airways 787 that was forced to make an emergency landing was found to be swollen from overheating and had leaked electrolyte. The United Airlines is the only U.S. carrier using the plane.
  • Stocks haven't been moving much overseas today. Investors appear to be waiting for the next batch of U.S. corporate earnings to see if they might provide further momentum to the rally that has pushed many indexes to multi-year highs. In Europe, France's main index was higher today, while the benchmarks in Germany and Britain are down slightly. Earlier in Asia, Japan's Nikkei closed with a small gain.
  • More of the nation's big banks issue their fourth quarter financial results today, including Bank of America, Capital One and Citigroup. Meanwhile, the Labor Department reports last week's initial jobless claims, and the Commerce Department releases housing starts for December.
  • Lenders are seizing fewer U.S. homes and are opting to let more borrowers sell their properties for less than they owe. The foreclosure listing firm RealtyTrac says there were 671,251 foreclosures nationwide last year. That's down 17 percent from the year before. But Realty Trac also says in half the states in 2012, there were more borrowers receiving at least their initial default notice.

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

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
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
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

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