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INSURANCE BRIEFS
From Wire and Staff Reports |
Met Life Files Suit Against Two DentistsMetropolitan Life Insurance Co. filed a lawsuit Wedn
THE ECONOMY PROFITS FELL 3.9 PERCENT IN FIRST QUARTER
JOC Staff |
The government reported that after-tax corporate profits fell 3.9 percent in the first quarter. It w
ON THE MOVE JOHN FLYNN RESIGNS POST AT APC
Staff Report |
John E. Flynn, executive vice president and chief financial officer of American President Cos., pare
LATIN PRIVATE SECTOR CITES FRUSTRATION
Rosalind Rachid |
Latin American entrepreneurs lashed out at government policies in their coun tries, saying the priva
CHILE, BANKS SIGN FINANCIAL ACCORD
JOC Staff |
Chile and 400 international banks Wednesday began formal signing ceremonies on a plan to restructure
PUC ORDERS PHONE WARNING
(Ap) |
A new ruling by the state Public Utilities Commission requires cellular phone companies to warn cust
Maritime
SENATE COALITION OPPOSES OIL IMPORT RESTRICTION
Knight-Ridder Financial |
A broad coalition of conservative and liberal senators and trade groups joined Wednesday in opposing
ENERGY BRIEFS
Wire and Staff Reports |
NY Studies Plan to Pay For DecommissioningNuclear utilities in New York State will be requir
WORLD TODAY
From Wire and Staff Reports |
Marine Midland Hikes Loan Loss ReservesMarine Midland Banks Inc. joined the parade of banks
INTERNATIONAL LOANS
JOC Staff |
WORLD BANK HUNGARY - $150 million from the World Bank for tax, banking and industrial reform
Maritime
WHO WILL PICK THE APPLE CROP? IMMIGRATION REFORMS CUT RANKS OF WORKERS
Gloria Joseph |
This year's expected bumper crop of Washington state apples couldn't have come at a worse time, as t
WHY THE DECREASE OF WORKERS
Gloria Joseph |
Crossings at the U.S.-Mexican border are down to almost half of what they were a year ago, and with
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Budget Deficit Hits $1.9 Billion in ChinaFinal figures put China's budget deficit in 1986 at
Maritime
US LEADS IMPROVED PRODUCTIVITY
(Ap) |
The United States led the industrialized world in improving its manufacturing efficiency last year a
Maritime
FRANCE'S TOTAL, ALGERIA DISCUSS EXPLORATION DEAL
Howard Schissel |
France's state-controlled oil company, Compagnie Francaise des Petroles, or Total-CFP, is considerin
OFFSHORE GROUP HITS PROPOSAL
Journal of Commerce Staff |
Offshore oil development work could grind to a crawl under bills before the House and Senate.
SOVIETS FACE TOUGH DECISION ON CHERNOBYL PUNISHMENT
Chicago Tribune |
Radiation levels have dropped. Operations have resumed at two adjacent reactors. Some 300 villagers
HOW CHESAPEAKE SHIPPING WAS BORN
JOC Staff |
Much of the details are kept private, but it is known that Tim Stafford, manager of fleet developmen
Maritime
COMMERCIAL BANKS REBUKED ON LATIN LOSS RESERVES
Rosalind Rachid |
Commercial banks may have done themselves more harm than good when they declared a vote of no-confid
EVEN SCIENTISTS BAFFLED BY SUPERCONDUCTIVITY
Jim Detjen |
People struggling to understand superconductivity can take heart in one simple fact: Even scientists
CAPCO TO BUILD TEREPHTHALIC ACID PLANT IN TAIWAN
Journal of Commerce Staff |
China American Petrochemical Co. and its shareholders - Amoco Chemical Co., Chinese Petroleum Corp.,
THE ECONOMY NEW HOME CONSTRUCTION FALLS 2.7 PERCENT
(Ap) |
Housing construction fell 2.7 percent in May, the third consecutive monthly decline, the government
FEEDLOTS SHOW GAINS, BUT BEEF OUTPUT DIPS
(Ap) |
Higher market prices spurred farmers and feedlot operators to boostgrain-fed cattle production this
OAKLAND PORT LENDS SHIPPERS A HAND
John Davies |
Whenever Tim Chen heard a shipper talk about needing a distribution center farther inland, the port
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
966.0 (June 16) Previous day - 973.5 The Baltic International Freight Futures Exchange in Lo
Trucking News
LANDFILL SUIT DISMISSED BY NJ JUDGE
(Ap) |
A lawsuit aimed at keeping an East Brunswick landfill open has been dismissedbecause the sta
SWISS FIRM HIKES STAKE IN CIS
C.A. Carpenter |
CIS Technologies Inc. said it will receive a new infusion of capital from a major worldwide reinsura
JAPANESE STRESS NEED TO TRIM TRADE SURPLUS
A.E. Cullison |
Japan's massive annual trade surpluses threaten the very basis of the world's economic system, accor
Maritime
OIL DEMAND ROSE IN 1986
Knight-Ridder Financial |
World oil consumption rose by about 2.5 percent in 1986 to 59.9 million barrels a day, the highest g
CORRECTION
JOC Staff |
Mark Joseph, president of Maran Coal Co., New York, was incorrectly quoted in the June 15 coal indu
EAST TENNESSEE EXPANDS PIPELINE
Journal of Commerce Staff |
East Tennessee Natural Gas Co., an interstate pipeline unit of Tenneco Inc., said construction has s
ENERGY BRIEFS
Wire and Staff Reports |
Calif. PUC Accepts Decommissioning CostsPacific Gas & Electric Co. customers will pay an ave
TAIWAN, S. KOREA URGED TO ADJUST TO SUCCESS
Keith M. Rockwell |
A study from the Institute for International Economics calls on the newly industrialized countries o
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ON THE MOVE NATIONAL STEEL NAMES TWO EXECUTIVE VPS
Staff Report |
National Steel Corp. named two new executive vice presidents and formed a new management committee t
THE ECONOMY INDUSTRIAL OUTPUT ROSE 0.5 PERCENT DURING MAY
(Ap) |
Production at the nation's factories, mines and utilities rose 0.5 percent in May, the biggest incre
EC DEREGULATION SEEN NOT TAKING ROUTE OF US
Bill Mongelluzzo |
Europe is prepared to deregulate its airline industry, but the president of Lufthansa Airlines does
Air Cargo
TAIWAN ON COLLISION COURSE WITH US, OFFICIAL WARNS
Cristina Lee |
Taiwan is heading toward a collision with the United States if the current trade imbalance between t
AVIATION BRIEFS
From Wire and Staff Reports |
Upgraded Boeing Meets Noise SpecificationsA program to give new life to more than 1,200 Boei
Air Cargo
BUDGET PLANS HINT USER FEES
Tim Neale |
Just as sure as the wind blows and the grass grows, the Reagan administration each year asks Congres
Maritime
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