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Airbus to Drop Lithium-Ion Batteries in New A-350 Jetliner

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    FBN's Sandra Smith breaks down afternoon market news.

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Good afternoon I'm Sandra Smith of your Fox Business -- the Federal Reserve found industrial production slipped in January and declines in manufacturing and mining.

January was down point 1% and in two months of production gains.

December was up point 4% in November industrial production was up one point 4%.

Airbus is dropping at a lithium ion batteries from its new 8350 airliner.

The European plane maker is switching to standard factories due to concerns that regulatory and certification issues.

Could delay an initial deliveries of the plane it.

This move comes after battery -- unrivaled Boeing's new 787 jet last month.

DreamWorks Animation and regions GC announcing an alliance to develop theme parks in Russia.

The three indoor parks will be the largest in Europe and we'll be located in Moscow Saint Petersburg and central Russia.

That's the latest from the Fox Business Network giving you the power to prosper.