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Business

  • Axle maker expands Albion footprint, jobs
    A maker of heavy duty and recreational vehicle axles will be adding up to 200 jobs at its Noble County plant early next year. Dexter Axle Co.
  • Samsung vows changes after mobile profit plunges
    SEOUL, South Korea – Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years.
  • Fed's stimulus to end; did it work?
    NEW YORK – The $4 trillion experiment is over.The Federal Reserve announced the end of its economic stimulus, known as quantitative easing, on Wednesday.
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Week Ahead

Today

•Commerce Department releases retail sales data for April

•Commerce Department releases business inventories data for March

Wednesday

•Labor Department releases the Producer Price Index for April

•Federal Reserve reports on industrial production for April

•National Association of Home Builders releases housing market index for May

Thursday

•Labor Department releases report on weekly jobless claims

•Labor Department releases Consumer Price Index for April

•Commerce Department reports on housing starts for April

Friday

•Conference Board releases leading indicators for April

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