The Journal Gazette, 600 W. Main St., Fort Wayne IN

The Journal Gazette
The area’s unemployment rate fell in April, giving job seekers hope for the summer and beyond.Joblessness in metro Fort Wayne slid to 7.3 percent last month from 8.
After all the hype, Facebook’s first day as a public company ended where it began. Its stock closed at $38.23, up 23 cents, after pricing Thursday night at $38 a share.
Associated Press
China’s government on Friday rejected a U.S. anti-dumping ruling against its makers of solar power equipment, and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.

Business

  • Reuss busy steering major turnaround at GM
    Mark Reuss has arguably the most important job at General Motors. He runs the company’s North American business, its largest and most profitable.
  • Lafayette in line for Alcoa plant
    Construction has begun on a new $90 million plant at Alcoa’s operations complex in Lafayette to make aluminum lithium alloys, an expansion that workers believe will secure the plant’s future.
  • Facebook stock up slightly in public debut
    NEW YORK – Facebook’s stock is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.