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Today's News
Felman to temporarily idle furnace at W.Va. plant
50 minutes ago
Felman Production LLC plans to temporarily idle one of three electric arc furnaces at its ferroalloys plant in New Haven and lay off union workers. The company says in a news release that several management and contract positions already have been eliminated. Felman attributes the cuts to a decline in silicomanganese prices and increasing manufacturing costs. The company says the furnace could remain shut down until market conditions improve.
Eminem's publisher sues Facebook over song usage
50 minutes ago
Eminem's song publisher is suing Facebook and an ad agency, saying they copied music from one of the rapper's songs. The Detroit Free Press ( http://on.freep.com/10LFB2N ) reports that the ad was featured in a webcast by Facebook founder Mark Zuckerberg to announce Facebook Home, an interface for Android phones. http://on.freep.com/10LFB2N The complaint says Portland, Ore., ad agency Wieden+Kennedy copied Eminem's music "in an effort to curry favor" with Facebook by catering to Zuckerberg's personal likes and to "invoke the same irreverent theme" of the song.
AP Top Extended Financial Headlines At 1 p.m. EDT
22 minutes ago
JPMorgan shareholders let CEO Jamie Dimon keep chairman job Apple CEO Cook testifies before Senate panel after report says it avoids billions in taxes Stock indexes flip between gains and losses in midday trading; Home Depot gains after earnings
AP Top Financial News At 1 p.m. EDT
22 minutes ago
JPMorgan's Dimon survives shareholder referendum Apple's Cook faces Senate questions on taxes Stock indexes flip between gains and losses
