You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Sony forecasts $2 billion loss, cites weak mobile
     TOKYO – Sony expects its annual loss to swell to more than $2 billion after writing down the value of its troubled mobile business as phone sales were battered by brutal competition.
  • Billionaire’s house arrest sends stocks crashing
      MOSCOW – The arrest of a Russian billionaire has sent shares in his holding company into a tailspin.
  • 2 firms to expand, add jobs
    A pair of companies will look to improve their operations with an investment of nearly $3 million combined, according to tax abatement ­requests filed last week with the city.
Advertisement

Area's jobless rate falls in October

Metro Fort Wayne had a noteworthy drop in unemployment in October, declining to 6.8 percent from 7.5 percent a month earlier, Indiana Department of Workforce Development figures showed Tuesday.

Joblessness in the metropolitan area – comprised of Allen, Whitley and Wells counties – was lower than the average for the state and the country.

Indiana’s seasonally adjusted unemployment rate declined to 8 percent in October from 8.2 percent in September. The seasonally adjusted jobless figure for the country inched up to 7.9 percent last month from 7.8 percent in September.

For more on this story, see Wednesday’s print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Wednesday.

pwyche@jg.net

Advertisement