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.


80° 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!

 

Wednesday Morning Business Brief

January 23, 2013, 5:32 AM

Wednesday Morning Business Brief

Strong earnings reports from big U.S. companies helped push the Dow Jones industrial average to its eighth gain in nine sessions today. The Dow closed up 62.51 points, or 0.5 percent, at 13,712.21. The Standard & Poor's 500 index gained 6.53, or 0.4 percent, to 1,492.51. The Nasdaq composite average rose 8.47, or 0.3 percent, to 3,143.18. Benchmark crude oil rose to surpass $96.

  • World stock markets fell today ahead of a U.S. vote on raising the nation's borrowing limit. Analysts say, however, that stocks have room for gains if U.S. lawmakers make progress on raising the debt ceiling. The Nikkei tumbled 2.1 percent. Benchmark crude oil fell but was still over $96 a barrel. The dollar was up against the euro fell but against the yen.
  • House Republicans are regrouping on the debt limit in an attempt to delay a showdown next month that they feared they might lose. The House votes today on GOP-sponsored legislation that would give the government enough borrowing leeway to meet three months' worth of obligations. That means putting aside for now attempts to extract spending cuts from Democrats in return for an increase in the borrowing cap.
  • Prime Minister David Cameron says he'll offer British citizens a vote on whether to leave the European Union if his party wins the next election. It's a move that could trigger alarm among fellow member states. In a speech today in central London, Cameron said public disillusionment with the EU is "at an all-time high" and that terms of Britain's membership in the bloc should be revised and the country's citizens should have a say.
  • Wal-Mart Stores Inc. has alerted its global suppliers that it will immediately drop them if they subcontract their work to factories that haven't been authorized by the discounter. Wal-Mart's stricter contracting rule, along with other changes to its policy, comes amid increasing calls for better safety oversight after a deadly fire at a Bangladesh factory that supplied clothing to Wal-Mart and other retailers.

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

Capital One Closing In Sioux Falls

7/23/2015 12:12 PM

Employees were told Thursday that the credit card company will close its Sioux Falls office by the end of the year.

Full Story
Record Sturgis Rally To Bring Big Traffic Challenge

7/21/2015 6:17 PM

If projections are close, the 75th Sturgis Motorcycle Rally during the first week of August could attract a record million people to the Black Hills. ...

Full Story | Watch
New Pizza Chain Coming To Sioux Falls

7/22/2015 4:15 PM

Wisconsin-based chain, Toppers Pizza is going into a strip mall on South Minnesota Avenue in Sioux Falls. 

Full Story
Gas Prices Jump in SD, Fall Everywhere Else

7/21/2015 11:10 AM

The state average for gasoline in South Dakota is at its high for the year at $2.79 a gallon.  That's the highest average price since last No...

Full Story
Picker's Flea Market Closing, Celebrate Church Expanding

7/24/2015 2:15 PM

Thorson ran several shops in Yankton before opening a store in Sioux Falls. The store will close August 16.

Full Story


Events