Ford to shift to foreign steel amid price gap
Ford Motor Co may increasingly turn to foreign steel to compete with cheaper overseas cars as Lee Iacocca cites a $50 per ton price gap. Ford imports under 3 percent of its steel but buys at least 1.2 million tons annually from U.S. mills, risking reduced domestic demand amid broader industry cutbacks.
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New York
Ford Motor Co
Lee Iacocca
Ford
U.S
Tacocca
Mormon assassins sought at Salt Lake City conference
Police at the Mormon Church general conference will scan faces for six members of a violent polygamist sect charged in one religious assassination. The sect, split from the main church, has feuded over theology with other splinters for years. In five months, a patriarch was shot, another target survived an attempt, and more threats followed.
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Salt Lake City
Mormon Church
Bud Willoughby
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