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Airbus Dropping Lithium-Ion Batteries

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    FBN's Lori Rothman breaks down late afternoon market news

  • Duration 0:59
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I'm Lori Rothman -- -- Fox Business street Mary -- is adding 25 million shares to its buyback plan that shares are worth one point three billion dollars.

The -- I had already repurchased 31 point two million shares the last year -- reported third quarter profit on strength specifically its North American headcount.

And Airbus is dropping his lithium ion batteries from the new a 350 airliner the European plane maker switching out -- standard batteries -- because of concerns that.

Regulatory and certification issues could delay an initial deliveries of the plane.

This move comes after battery incidents on rival Boeing's new 787 jet last month.

The Federal Reserve found industrial production slipped in January on declining manufacturing and mining January was down point 1% ending months of production.

Gains and that's the latest in business from -- Fox Business Network.