BUSINESS DIGEST ||


Feed & Sing ribbon-cutting

SALEM

The Youngstown/Warren Regional Chamber will have a ribbon-cutting ceremony for Feed & Sing, 38135 state Route 14, at 4 p.m. Thursday.

The Feed & Sing was born of the desire to return top-level, live country music to Mahoning and Columbiana counties. The Feed & Sing will feature the best of solo acts and full bands from Nashville, Tenn., across the country and the Mahoning Valley. Feed & Sing is not a restaurant with live music, but a live music venue with food.

Ryan joins NAFTA renegotiation effort

WASHINGTON

U.S. Rep. Tim Ryan of Howland, D-13th, this week joined several House Democrats in detailing priorities for North American Free Trade Agreement renegotiations to U.S. Trade Representative Robert E. Lighthizer.

In the letter, members requested direct collaboration with the administration, a transparent and public renegotiation process, stripping of special provisions that encourage companies to offshore jobs, fully enforceable labor and environmental standards and other critical provisions.

GM announces production of Bolts

DETROIT

General Motors on Tuesday announced it completed production of 130 Chevrolet Bolt EV test vehicles equipped with its next generation of self-driving technology at its Orion Assembly Plant in Orion Township, Mich.

The vehicles will join the more than 50 current-generation self-driving Bolt EVs already deployed in testing fleets in San Francisco, Scottsdale, Ariz., and metro Detroit.

GM became the first company to assemble self-driving test vehicles in a mass-production facility when its next generation of self-driving Chevrolet Bolt EV test vehicles began rolling off the line at Orion Township in January.

The self-driving Chevrolet Bolt EVs feature GM’s latest array of equipment, including light detecting and ranging, cameras, sensors and other hardware designed to accelerate development of a safe and reliable fully autonomous vehicle.

Verizon takes over Yahoo to complete $4.5 billion deal

SAN FRANCISCO

Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet’s best-known brands.

Tuesday’s closure of the sale ends Yahoo’s 21-year history as a publicly traded company. It also ends the nearly five-year reign of Yahoo CEO Marissa Mayer, who isn’t joining Verizon. She will walk away from Yahoo with a compensation package currently worth about $125 million, including her severance pay and stock awards that will be fully vested with the deal’s completion.

Yahoo’s email and other digital services such as sports, finance and news will be run by Tim Armstrong, who has been running AOL since Verizon bought that company for $4.4 billion two years ago.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1232.440.65

Aqua America, .71 33.600.26

Avalon Holdings,2.620.07

Chemical Bank, .2749.930.04

Community Health Sys. 8.77 0.16

Cortland Bancorp, .2818.730.00

Farmers Nat., .1614.95-0.15

First Energy, 1.44 29.38-0.13

Fifth/Third, .5225.330.14

FirstMerit Corp.,--

First Niles Financial, .129.670.00

FNB Corp., .4814.480.11

General Motors, 1.5234.51-0.17

General Electric, .9228.45-0.49

Huntington Bank, .28 13.35-0.02

iHeartMedia Inc.,1.800.00

JP Morgan Chase, 1.9287.280.30

Key Corp, .3418.660.08

LaFarge, .34--

Macy’s, 1.51 22.26-0.03

Parker Hannifin, 2.52 158.461.33

PNC, 2.20123.760.92

Simon Prop. Grp., 6.60158.80-0.94

Stoneridge 15.22-0.16

United Comm. Fin., .12 8.880.09

Selected prices from Tuesday’s 4 p.m. close.