New bookstore in Akron
FEEYD, a bookstore specializing in issues of interest to the black community, opens its doors at 10 a.m. Saturday at 15 Broad St. in Akronís Middlebury neighborhood.
FEEYD, operated by Khalita Tahzeeb, is short for Families Educating and Empowering Youth Development. She said her store ó which grew out of a website she began in 2013 ó will feature new and used books on topics from black history to metaphysics and will also highlight local authors along with childrenís books.
A grand-opening celebration is set for April 21.
Saturday and Sunday hours are 10 a.m. to 6 p.m.; weekday hours are 4 to 8 p.m. For more information, call 330-724-1447.
3M will close Elyria facility
St. Paul, Minn.-based 3M sent a warning notice to the Ohio Department of Job & Family Services Office of Workforce Development this week announcing its intention to close its Elyria facility.
The closure affects as many as 36 employees. The job eliminations will take place over several months, starting on May 31 and finishing on Aug. 31. About 106 of the affected employees are represented by the Workers United Union, Local 1406T.
Notices will be issued at least 60 days before the date of employment loss, and those losing their jobs will be offered severance benefits.
Wheat planting reduced
The U.S. Department of Agriculture said Friday the number of acres planted in wheat this year will be the lowest on record and much of that will be planted instead in soybeans, which will be at a record high of 89.5 million acres.
Four years of good wheat-growing weather led to a global glut, pushing prices low and making it unprofitable for farmers to grow. Corn experienced a similar trend. Soybeans have produced large harvests, too, but it is a hot commodity around the world.
Solid quarter closes blandly
Wall Street closed out a solid quarter Friday with a day of listless trading that ended on a soft note.
The Standard & Poorís 500 index notched its best three-month stretch since the fourth quarter of 2015. The Nasdaq composite turned in its best quarter since the end of 2013.
The S&P 500, Nasdaq and the Dow Jones industrial average ended the day down slightly, with financials companies posting the biggest decline. Real estate companies led the gainers.
The Dow slid 65.27 points, or 0.3 percent, to 20,663.22. The S&P 500 lost 5.34 points, or 2 percent, to 2,362.72. The Nasdaq fell 2.61 points to 5,911.74. The index hit an all-time high on Thursday.
Verizon app stirs privacy fear
A planned app and search service on Verizonís Android phones is raising questions about privacy.
Verizon says it may share data on features and services customers use through the AppFlash service as part of delivering targeted ads. But after complaints, Verizon is clarifying that it will seek permission from customers before they use AppFlash, though itís not yet known how clear Verizon will be in doing so.
DuPont, Dow delay merger
DuPont and Dow have once again postponed their proposed $62 billion merger, saying they expect the deal to close in August.
The chemical giantsí merger has already been pushed back several times, as regulatory agencies in the United States and abroad scrutinize the deal. When DuPont and Dow announced the merger in December of 2015, they expected it to close in the first half of 2016.
The latest delay comes as DuPont finalizes the sale of its crop protection business to FMC Corp. to meet European Commission requirements. The European Union approved the deal Monday, but it remains under review in the United States.
Compiled from staff and wire reports.