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.


42° 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!

 

Most Popular Today


Thursday Afternoon Business Brief

January 24, 2013, 1:34 PM

Thursday Afternoon Business Brief
SIOUX FALLS, SD -

Another drop in the number of Americans applying for unemployment benefits has given stocks a boost today. The S&P 500 poked above 1,500 for the first time since December 2007, though it's since slipped below that threshold. The Dow has spent the day in positive territory, but Apple is keeping the Nasdaq down after it forecast slowing sales.

  • Apple's quarterly earnings report has sent shares in the electronics giant plunging today. Apple reports its October-December earnings were flat compared with the previous year and is forecaster slowing growth after five blowout years. Shares have fallen more than 10 percent today, though even with the decline, Apple remains the world's most valuable company.
  • Netflix stock is on its way to its biggest one-day gain since the video subscription service went public more than a decade ago. The stock had climbed 37 percent in afternoon trading after a fourth-quarter earnings report showed Netflix picked up 2 million subscribers and turned a profit during the final three months of the year.
  • Mortgage rates rose this week, but remain near record lows. Mortgage buyer Freddie Mac says the average rate on the 30-year fixed loan increased to 3.42 percent, while the average on the 15-year fixed mortgage increased to 2.71 percent.
  • McDonald's says it will be the first national restaurant chain to carry a label from a group that certifies sustainable fishing practices. The blue "ecolabel" from the Marine Stewardship Council certifies that the Alaskan Pollack used in McDonald's Filet-O-Fish sandwiches come from suppliers with sustainable fishing practices.

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

New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch
New Sioux Falls Shop Opens Thursday

11/19/2014 11:10 AM

Holiday shoppers will soon have a new spot to buy locally made gifts.

Full Story
Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
Gas Stations In Region Struggling To Keep Up Supply

11/18/2014 5:52 PM

Over the past few days, drivers in Sioux Falls have been noticing certain grades of fuel are out of stock at gas stations across town.

Full Story | Watch


Events