User uShare 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.

54° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


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

Previous Story

Next Story



View business

You may also like

State's Termination Letter To Educational Cooperative

9/28/2015 11:59 AM

The letter, signed by Deptartment of Education Secretary Melody Schopp, lists eight reasons for the decision not to continue to steer federal grant mo...

Full Story
Melmer Answers Questions About GEAR UP Work

9/28/2015 6:05 PM

Mid Central got $16.5 million in federal money through the state in the last ten years to administer the GEAR UP program to encourage Native American ...

Full Story | Watch
Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Sioux Falls Floral Shop Fills Special Order For Elton John

10/1/2015 4:48 PM

Sir Elton John will be surrounded by beautiful flowers during his stop in Sioux Falls.

Full Story
Following The GEAR UP Grant Money

9/29/2015 6:10 PM

Mid Central Educational Cooperative dispersed the grant money since 2005 to two organizations to run the GEAR UP program, under business manager Scott...

Full Story | Watch