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US FOREIGN AID OFFICIAL SAYS CRITICISM IS UNWARRANTED
Craig Dunlap |
The foreign aid program may be the most misunderstood and sometimes most unpopular federal program,
Maritime
RETAIL SALES VIRTUALLY UNCHANGED
(Ap) |
Retail sales edged upward a mere 0.4 percent in June, the fourth straight money of virtually unchang
END TO MARTIAL LAW SHOULD BOLSTER TAIWAN IN LONG RUN
JAMES McGREGOR |
The formal lifting today of 38 years of martial law in Taiwan isn't likely to have much immediate im
PROTECTIONIST BILL HELD THREAT TO GATT ROUND
William Armbruster |
The new multilateral trade negotiations sponsored by the General Agreement on Tariffs and Trade coul
SHIPPERS PUSH HAMBURG RULES
Alan F. Schoedel |
Shipper interests who want the American Bar Association to advocate U.S. ratification of the 1978 Ha
Maritime
ARWOOD BID PRECIPITATED TRANS FREIGHT LINES TAKEOVER
William Armbruster |
A bid by John R. Arwood to buy the 50 percent of Trans Freight Lines owned by TNT Ltd. precipitated
ENERGY BRIEFS
Wire and Staff Reports |
Rig Count Put at 891, 200 Above a Year AgoThe number of working oil and gas rigs in the Unit
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
USDA Purchases Beef For Sale to VenezuelaWASHINGTON - The U.S. Department of Agriculture sai
Maritime
BROKERS SAY RISK ACT NEEDS CLARIFICATION
Leah R. Young |
Problems with the 1986 Risk Retention Act limit its usefulness, the National Association of Insuranc
US TIES BOOST JAMAICA'S GARMENT SECTOR
Canute James |
In 1986 two idiots in Jamaica, without any experience, decided to manufacture garments, recounts Jam
Maritime
WORLD TODAY
From Wire and Staff Reports |
Japan's Trade Minister To Visit WashingtonJapan's trade minister is scheduled to fly to Wash
CONFUSION GROWS OVER AUTO MART IN MASSACHUSETTS
TOM McNIFF Jr. |
Another surprising business connection has surfaced in the ongoing Massachusetts auto insurance mess
PLASTICS CORNER OUTLOOK FAVORABLE FOR COEXTRUDED FILMS
Journal of Commerce Staff |
Coextruded films are expected to capture 25 percent of the 6.7 billion pound polyethylene film marke
AVIATION BRIEFS
From Wire and Staff Reports |
Senate Set to Clear FAA, DOT NomineesThe Senate Commerce, Science and Transportation Committ
Air Cargo
GLEASON VOICES CONCERN FOR DOCKERS' FUTURE
Marie Prat |
Thomas W. Teddy" Gleason Sr., who is retiring as president of the International Longshoremen's Assoc
Maritime
MEXICAN PESO RATE MAY HURT EXPORTS
William A. Orme Jr. |
The peso's daily devaluation against the dollar has been lagging behind Mexico's inflation rate this
APPLE EARNINGS INCREASE 65 PERCENT
(Ap) |
Apple Computer Inc.'s profit jumped 65 percent in its third fiscal quarter on a 42 percent gain in r
NIAGARA FALLS: TOXIC WASTE TERMINAL
JOC Staff |
For generations of newlyweds, Niagara Falls was the place to go, the cat's-meow of honeymoons. Today
HIGH COSTS, FEW LOTS BESET HOMEBUILDERS
(Ap) |
One of the more formidable obstacles to affordable housing in the United States, a nation of 3,543,8
EUROPEANS BACK NEGOTIATIONS BETWEEN AIRBUS, MCDONNELL
Edwin Unsworth |
Negotiations between the European Airbus Industrie consortium and McDonnell Douglas on collaborative
Air Cargo
PUMP PRICES TOP $1 FOR 1ST TIME IN 16 MONTHS
(Ap) |
A volatile wholesale market pushed the average price of a gallon of gasoline in the United States ov
FLA. KEYS RESIDENTS FIGHT TO FEND OFF THE OIL RIGS
(Ap) |
Jack Wedge, who for years made his living as a shrimper in the pristine waters off the Florida Keys,
CONOCO STRIKES OIL IN CONGO
Howard Schissel |
Offshore drilling by Continental Oil Co., or Conoco, a Du Pont affiliate, has struck oil in Congo.
RAILROAD SUES UTILITY, CHARGES CONTRACT BREACH
Andrea Chancellor |
The Illinois Central Gulf Railroad took a bold step and sued an Indiana utility for its refusal to t
EC FARM MINISTERS DISCUSS FUNDING
(Ap) |
European Community farm ministers opened talks Monday on a funding plan to keep the trading bloc's f
Maritime
RAIL WANTS TO FREE THE BONDS THAT TIE IT
Lawrence Kaufman |
Burlington Northern Inc. goes into Federal District Court in New York Wednesday with a $35.5 million
STOCKS FALL ON PROFIT-TAKING
Gordon Platt |
Stocks fell on profit-taking Monday, as key foreign buyers pulled to the sidelines ahead of today's
COST OF CREDIT
JOC Staff |
Mon., July 13,1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
BRAZIL SEEKS ZERO-SPREAD DEBT FINANCING
(Ap) |
Brazil will resume payments on its $111 billion foreign debt only after creditor banks agree to ref
REICHHOLD UNIT PLANS FORMALDEHYDE PLANT
Journal of Commerce Staff |
Reichhold Ltd., a subsidiary of Reichhold Chemicals Inc., announced plans to build a C$7.1 million (
TRUCKING BRIEFS
From Wire and Staff Reports |
Sen. Danforth Praises Truck Safety ProposalsWASHINGTON - Sen. John Danforth, R-Mo., praised
Trucking News
FUNDING PROPOSED FOR VACCINE PROGRAM
Leah R. Young |
A House Ways and Means subcommittee agreed Monday to suggest either an excise tax on childhood vacci
GARMENTS ADVANCE DESPITE EXCLUSION
Journal of Commerce Special |
Jamaica's garment industry has grown even though the country's apparel exports are denied preferenti
Maritime
NEW PRODUCTS MARKETPLACE
JOC Staff |
Japanese Firm Offers Magnetic Steel SheetOne of Japan's steel giants has developed a magneti
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
Canadian Rail Union Authorizes Strike CallWINNIPEG, Manitoba - A vote by the Associated Rail
Rail News
UK MALPRACTICE SUIT BRINGS RECORD $1.7 MILLION AWARD
(Ap) |
A judge awarded the equivalent of $1.7 million to a former student who suffered brain damage caused
AMERICAN LEGION OFFICIAL RAPS VETERANS INSURANCE COLLECTION PLAN
Journal of Commerce Special |
A plan to reduce U.S. costs for veterans' health care by collecting from their insurance policies ha
SPOT PRODUCT PRICES
JOC Staff |
July 13, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
TAKING THE OLD WEST EAST
(Ap) |
A Montana company is transplanting some of the flavor of the old West to Japan with an authentic log
Maritime
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