You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Developer buys lake resort
    A developer known for its senior citizen complexes has invested $6 million to acquire a Kosciusko County lakeside resort.
  • Grain futures rose, beef prices fall
    CHICAGO (AP) — Grains futures rose Wednesday on the Chicago Board of Trade.Wheat for July delivery rose 8 cents to $6.885 a bushel; July corn jumped 18.5 cents to $6.
  • Markets roiled by Nikkei's 7.3 percent slide
    LONDON (AP) — Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago.
Advertisement
Briefs

YouTube court suit reinstated

A federal appeals court revived a five-year-old copyright case against YouTube on Thursday, finding that a jury might conclude that the online video service knew it was infringing rights when it allowed the distribution of videos of popular television shows and other programs.

The 2nd U.S. Circuit Court of Appeals in Manhattan decided the case after hearing lawyers several months ago debate whether the 1998 Digital Millennium Copyright Act shields a company like YouTube from broad copyright claims. Google Inc. paid $1.76 billion for YouTube in 2006, just months after the video service was launched in December 2005.

The appeals decision pertained to several lawsuits filed against YouTube, including one in which Viacom Inc. claimed YouTube committed “rampant copyright infringement” and others in which The Football Association Premier League Ltd. and various film studios, television networks, music publishers and sports leagues joined to challenge YouTube’s practices.

Nisco Pool & Patio closes local stores

Nisco Pool & Patio Paradise has closed, according to a printed sign posted in the window of the store at 5327 Coldwater Road. The company has a second location at 5002 Decatur Road.

The Fort Wayne company serviced swimming pools in the summer, sold Christmas items in the winter and pool tables year-round. No one answered several calls placed to the company Thursday.

The sign at the north store said preferred customers will receive letters in the next few weeks. It was unclear Thursday evening who owns the business.

Also at the Coldwater Road store, a yellow card that had American Electric Power printed on it was posted to the door handle, saying the store’s account was past due and asking that the store contact the utility immediately. The card said service is set to be disconnected Monday.

IDEM plans meeting on feeding operations

Huntington will host one of several “open-house style” meetings the Indiana Department of Environmental Management has scheduled to meet with farmers operating confined feeding operations, CFOs, and concentrated animal feeding operations, CAFOs.

Rule changes the Water Pollution Control Board adopted in November that take effect July 1 eliminate the “General Permit” category for farms regulated by federal farm rules. Farms with a general permit must determine if they need to be covered by Indiana’s CFO permit or a federal “Individual Permit,” the IDEM said in a statement Thursday.

IDEM staff will attend the open houses to answer questions about the permits and other rule changes and help farmers and operators maintain appropriate permit coverage.

The Huntington open house is 2 to 8 p.m. Thursday, April 12 in the D.A.R. Room on the second floor of the Huntington County Courthouse, 201 N. Jefferson St.

Jobless claims hit 4-year low of 357,000

The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.

Weekly applications dropped 6,000 to a seasonally adjusted 357,000, the Labor Department said Thursday. That’s the fewest since April 2008.

The four-week average, a less volatile measure, fell to 361,750, also the lowest in four years.

Advertisement