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Business

  • Forbes listgives cityNo. 11 rank
    Forbes has ranked Fort Wayne No. 11 on its list of Opportunity Cities. The 19-city list, published Thursday, put Columbus, Ohio, at the top.
  • Alibaba stock soars 40% in massive IPO
    NEW YORK – Alibaba debuted as a publicly traded company Friday and swiftly climbed more than 40 percent in a mammoth IPO that offered eager investors seemingly unlimited potential for growth and a way to tap into the burgeoning Chinese
  • China levies record fine
    BEIJING – Drug giant Glaxo­SmithKline was fined $492 million Friday for bribing doctors in China in the biggest such penalty ever imposed by a Chinese court.
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Week Ahead

Today

•Commerce Department reports on factory orders for August and September

Tuesday

•Institute for Supply Management releases its service sector index for October

Wednesday

•Toyota reports fiscal third-quarter earnings

Thursday

•Labor Department reports on weekly jobless claims

•Commerce Department releases third-quarter gross domestic product

•Selected chain retailers release October sales

Friday

•Labor Department reports employment data for October and job openings and labor turnover survey for September

•Commerce Department reports personal income and spending for September

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