Soaring steel costs add to auto industry's woes
Rising hot rolled steel prices from $500 to $1,080 per ton slam the auto sector. Analysts say higher materials costs will push vehicle prices up as long term contracts expire. Toyota and Ford cite steel cost as a factor in price hikes and dimmed outlooks, with Alix Partners estimating $8 to $13 billion in extra raw materials costs for 2009.
MENTIONED IN THIS ARTICLE
Detroit
John Hoffecker
Alix Partners LLC
Hoffecker
Toyota Motor Corp
Ford Motor Co
Alix- Partners
Toyota
Takeshi Suzuki
Suzuki
Old Brooklyn Sausage Shoppe Upholds Handcrafted Traditions
In Cleveland's Old Brooklyn the Sausage Shoppe, a 70 year-old family business, makes bratwurst wieners and liverwurst by hand using original German methods. Owner Norm Heinle preserves historic recipes, operates production with longtime staff, and highlights weekend and holiday demand for bratwurst and wieners.
MENTIONED IN THIS ARTICLE
Cleveland
Brooklyn
Ohio
Hans Kirchberger
Norm Heinle
Heinle
Kirchberger
Schweinfurt
Germany
East Side
Heinles
Old
Randolph Heinle
Randolph
Norm
John Carroll University
Carol
Brunswick
Allen
Renee
Dave Skubovius
Ashland County
Pittsburgh
Heinie
Akron Beacon Journal
Sausage
McDonald's fries go trans fat free in U S and Canada
McDonald's announced that its french fries and other fried items in the United States and Canada are now cooked in zero trans fat oil. CEO Jim Skinner disclosed at the Oak Brook headquarters that the switch preserves taste while meeting consumer pressure and aims to convert remaining baked items and cookies by year end. Shares fell 25 cents to 58.53.
MENTIONED IN THIS ARTICLE
McDonald's
Chicago
McDonald’s
United States
Canada
Jim Skinner
McDonald's Corp
Oak Brook
Ill
U.S
Skinner
Dow Industrials
Dow Transportation
Dow
S&p
Wishwre
Stata
Cee Aed Phugalights
FotMerting
CreditAce
Ver. Tek
GPC Biot
MediaGen
KOGDA
LucasEnn
Comvo Wib
Cone Ny&co
woTi
Dolanm
AlosThera
MexcoEn
Solartun
BlueCoats
EnteraEg
ChinaEdun
Vanceinton
Spfnet
Microsoft
Pizer
Lana
Deline
Exxon
Prune
United NY
Apple Inc
GkotAm
CrtryTel
Northwood
ParkMans NY
Penney NY
Dellinc
Diebold It
EMC Cp
Emersone NY
Proushog Amex
FireAid
SearsHidgs
Smuder NY
Amex
Texinst
Invacare NY
WA Muti
Mne
Bcs
Wells Fargo
Wendys
Sweet Crude
NYMX
York Snark Fairy
Chicago Board of Trade
CME
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Init
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Eurpacgra Mfb
American Fundminva
Mlb
Wamutinvam
Davis Nyventam
Dodge & Cox mntiStkiv
Fidelity Diviint
Fidelity Eqinc lv
Fidelity GrowCo
Fidelity Low
Fate
Vanguard
al Fe
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Lisa Abraham
Skubovius
USDA
Carol Heinle
The
Associated Press
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Dany Dow Jones