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Ford Motor Co. said it will start...

Ford Motor Co. said it will start a second production shift at its Edison, N.J., assembly plant next March, adding 250 to 350 hourly and salaried workers . . . A group including three of the Bass brothers lowered its stake in Torrance-based Standard Brands Paint Co. by almost 2% to 2.9%, according to an SEC filing . . . Chicago investor Leon Greenblatt has acquired a 9.6% stake in Torrance-based American Republic Bancorp and said he plans to seek a spot on firm’s board, according to a filing with the Securities and Exchange Commission . . . The Federal Reserve reported that the average yield for one-year T-bills, the most popular index for making changes in adjustable-rate home mortgages, rose to 8.07% last week after averaging 8.01% the week before.


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