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.


61° 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 Evening Business Brief

January 24, 2013, 5:15 PM

Thursday Evening Business Brief
  • The Nasdaq is feeling the effects of a sharp drop in Apple's stock after the tech giant predicted weaker sales. The Nasdaq ended the trading day 23 points down. Other indexes were mixed. The S&P 500 was flat at 1,494, briefly crossing above 1,500 for the first time since December 2007. The Dow Jones industrial average closed up 46 points at 13,825.
  • The price of oil is up on positive economic news from the U.S. and China.  Benchmark oil gained 72 cents to finish at $95.95 a barrel on the New York Mercantile Exchange. There are signs that oil demand is picking up in China. And in the U.S., the number of Americans applying for unemployment benefits fell last week to the lowest level in five years.
  • Microsoft says its fourth-quarter earnings slipped 4 percent, despite a lift from its latest version of Windows. Revenue in Microsoft's Windows division climbed 24 percent from the previous year. Microsoft earned $6.4 billion, or 76 cents per share, during the final three months of the year. The company's total revenue rose 3 percent from last year to $21.5 billion.
  • Federal investigators say the Boeing 787 battery that caught fire earlier this month in Boston shows evidence of short-circuiting and a chemical reaction known as "thermal runaway," in which an increase in temperature causes progressively hotter temperatures. But it's not clear which came first, the short-circuiting or the thermal runaway. Nor is it clear yet what caused either of them.
  • A plan to put wind turbines off the coast of Maine has key approval from utility regulators, largely clearing the way for development of a floating wind farm 12 miles from shore. The state Public Utilities Commission voted 2-1 today in favor of the proposal. Gov. Paul LePage opposed the project, saying it wouldn't provide enough economic benefit.

Read more business stories on the Back To Business page.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events