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.


75° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

January 24, 2013, 5:34 AM

Thursday Morning Business Brief

Investors begin the day hoping the stock market continues its upward momentum. Strong earnings from tech giants nudged the market to a five-year high on Wednesday. Google and IBM reported surprisingly solid fourth-quarter earnings before the bell. The Dow rose 67 points to close at 13,779. The S&P 500 edged up two points. The Nasdaq composite rose 10.

  • Europe's stock markets are broadly higher amid signs the continent's services and manufacturing slump was easing. Shares creeped higher as investors welcomed surveys showing a smaller than forecast contraction in both manufacturing and services in the 17-country eurozone this month. Benchmark crude oil is up over $95 per barrel. The dollar fell against the euro but rose against the yen.
  • The Labor Department releases the weekly jobless claims today, and Freddie Mac, the mortgage company, reports on the weekly mortgage rates. Also today, the Conference Board releases leading indicators for December.
  • Apple reports its profit surge halted in the latest quarter. A flood of new products like the iPhone 5 meant high start-up costs for new production lines. Apple posted net income for the October to December quarter that was flat with the year before. Net income in the fiscal first quarter was $13.1 billion, or $13.81 per share.
  • Toyota and BMW are working together on next-generation batteries for green vehicles called "lithium-air" as their collaboration, first announced in late 2011, moves ahead in fuel cells, sports vehicles and other fields. A BMW spokesman says the cooperation with the Japanese automaker will help both companies boost competitiveness in new technologies.

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

Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story


Events