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  • Fort Wayne ranks No. 11 on Forbes list of Opportunity Cities
    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.

Week Ahead


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

•Commerce Department reports on factory orders for November


•Commerce Department releases international trade data for November

•Insurance company Munich Re to release report on the costs resulting from natural disasters in 2013.


•Federal Reserve releases consumer credit data for November

•Federal Reserve releases minutes from December interest-rate meeting

•Payroll processor ADP releases private-sector employment figures for December


•Labor Department releases weekly jobless claims

•Freddie Mac, the mortgage company, releases weekly mortgage rates

•Selected chain retailers release December sales comparisons.


•Labor Department reports on employment data for December

•Commerce Department reports on wholesale trade inventories for November