Arconic selling Latin American extrusions business unit

Arconic said its fourth quarter results will include an after-tax charge of $40 million, or 8 cents per share, related to the pending sale of its Latin American extrusions business. The unit, which operates mainly out of Brazil, is being sold to a subsidiary of Hydro Extruded Solutions for about $10 million. The non-cash charge reflects the diminished value of the business. Arconic expects to complete the sale in the first half of next year.

YouTube planning new paid music subscription service

YouTube plans to introduce a paid music service in March, according to people familiar with the matter, a third attempt by parent company Alphabet Inc. to catch up with rivals Spotify and Apple. The service could help appease record-industry executives who have pushed for more revenue from YouTube.

Safety group opposes GM app to order food while driving

A new in-car application from General Motors that drivers can use to order food and browse for hotels while behind the wheel has been met with opposition by a prominent safety group. The app, called Marketplace, allows drivers to browse deals and place orders through an in-dash touch screen. National Safety Council President Deborah Hersman said the app will contribute to distracted driving, already a factor in a quarter of all vehicle crashes, and hurt efforts to stem rising auto fatalities, which rose 5.6 percent to more than 37,000 in the U.S. last year. GM said this week that it will introduce the app on millions of 2017 and 2018 model year vehicles equipped with Wi-Fi hotspots and compatible systems. A major goal of GM’s service is to provide a simpler, safer alternative to using smartphones to place mobile orders, GM spokesman Vijay Iyer said. The app, he said, was designed in accordance with voluntary driver-distraction guidelines agreed to by car companies.