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VOLCKER SHOCK TUMBLES DOLLAR
Knight-Ridder Financial |
News that Federal Reserve Board Chairman Paul Volcker is retiring surprised and shocked the foreign
FINANCIAL BRIEFS
From Wire and Staff Reports |
Korea Electric Power To Sell Euroyen BondsSEOUL, South Korea - The Korea Electric Power Co.
PRESIDENTIAL'S PERFORMANCE SLIPS
Dave Higdon |
Presidential Airways Inc.'s financial and passenger figures continued to decline after one full mont
Air Cargo
BOEING TO PAY $275 MILLION FOR ARGOSYSTEMS
John Davies |
The Boeing Co. of Seattle will pay $275 million in cash to take over Argosystems Inc., a Silicon Val
Air Cargo
JAPAN'S MOVES SATISFY UK
(Ap) |
Britain, which has threatened to revoke the licenses of Japanese firms doing business in Britain unl
Maritime
HODEL GETS SOME SENATORIAL FLAK ON ALASKAN EXPLORATION BID
Keith M. Rockwell |
Interior Secretary Donald Hodel took the Reagan administration's case for oil exploration and develo
MARITIME BRIEFS
From Wire and Staff Reports |
Fleet-Defense Panel Turns Ear to ShippersThe Commission on Merchant Marine and Defense will
Maritime
JAPANESE CARRIERS URGED TO PROCEED WITH CARE
A.E. Cullison |
Japan's shipping companies currently stand at a major crossroads that, if the wrong moves are chosen
Maritime
PACCAR REJECTS MERGER OF LINES MANAGEMENT COMMITTED TO AUTONOMY OF PETERBILT, KENWORTH
Gloria Joseph |
In this age of consolidation, PACCAR Inc. decisively turns thumbs down to the notion of combining it
Trucking News
FED RULER GOES OUT AS A LEGEND
JOC Staff |
Paul A. Volcker's rule of the Federal Reserve Board has earned him legendary status. He is s
DUTCH INSURER POSTS PROFIT
Journal of Commerce Special |
Nationale-Nederlanden reported first quarter net profit rose 4.4 percent to 117 million guilders fro
MASS. HMO AD CAMPAIGN SPARKS SUIT
Journal of Commerce Special |
Blue Cross and Blue Shield of Massachusetts is charging Harvard Community Health Plan, the state's l
66 PERCENT RATE HIKE REQUEST SPARKS ILLINOIS MALPRACTICE HEARING
Paula L. Green |
A 66 percent rate request by one of the state's medical malpractice insurers has prompted the state
NY BILL WOULD HIKE VEHICLE LIABILITY CAP
Journal of Commerce Special |
Legislation to increase the limits of liability required under motor vehicle insurance coverages for
ENERGY BRIEFS
Wire and Staff Reports |
PSC Nominee Pushes Lower NY Utility TaxALBANY, N.Y. - Utility taxes in New York state, three
CUSTOMS DISPUTES CUTBACKS NOTION
Journal of Commerce Special |
Contrary to a perceived notion in the business community, the total number of people working for Cus
Maritime
SIGNS POINT TO EXPORT GROWTH FOR FOREST PRODUCTS
Chris Dupin |
Both government and private industry economists predict exports of forest products will again increa
NEW BARBADOS LEADER INHERITS SOLID ECONOMY
Canute James |
Erskine Sandiford inherited one of the few Caribbean economies that has been growing when he took of
Maritime
AEI CHIEF SCORES AIRLINE COMPLAINTS
Richard Malkin |
Guenter Rohrmann, who has had enough years in the air freight business on both sides of the Atlantic
Air Cargo
NEW HEAD AT THE FED
Journal of Commerce Staff |
Alan Greenspan is one of the country's best-known conservative economists, a frequent adviser to pre
RAIL BRIEFS
From Wire and Staff Reports |
GRS Is Low Bidder For Transit Radio PactSTAMFORD, Conn. - General Railway Signal Co., a unit
Rail News
BN TO INTRODUCE INTERMODAL SERVICE
Journal of Commerce Staff |
Burlington Northern Railroad will introduce direct intermodal service between Detroit and its interm
Rail News
SEMINAR TO REVIEW SHIP ACT
Journal of Commerce Staff |
Bruce Seaton, chairman of American President Cos., heads a list of transportation industry executive
Maritime
USL LAWYERS ENTITLED TO FEES
Joseph Bonney |
A bankruptcy judge has cleared the way for lawyers and accountants to be paid in the United States L
Maritime
MORTGAGE OUTLOOK SEEN DIM
Journal of Commerce Special |
Mortgage insurers can expect high underwriting losses for at least two more years, according to Mood
INSURANCE CALENDAR
JOC Staff |
A seminar on workers compens-ation litigation with special empha-sis on medicine will be held June 4
COURT FINDS UNOCAL GUILTY IN FRAUD CASE
Journal of Commerce Special |
Union Oil Co. of California has been found guilty of fraud in U.S. District Court here and ordered t
NEW PRODUCTS MARKETPLACE
JOC Staff |
UK Firm Develops Tube-Bending MachineArtapp Machines Ltd., a British company, has developed
Maritime
NEWPORT NEWS SHIPYARD CONTRACT RATIFIED
Rocky L. Rinker |
Union workers at Newport News Shipbuilding & Drydock Corp. voted Monday to accept a proposed contrac
Maritime
UK CURRENCY RESERVES SOAR
(Ap) |
Britain's currency reserves rose $4.76 billion in May, according to official figures released Tuesda
PLASTICS CORNER
JOC Staff |
Hercules Boosts Price Of Organic ResinsWILMINGTON, Del. - Hercules Inc. is increasing the pr
FLUOROCARBON CO. BUYS EATON UNIT
Journal of Commerce Staff |
Fluorocarbon Co. acquired Cleveland-based Eaton Corp.'s $70 million industrial polymer products divi
MAJOR BREAK IN OKLA. PIPELINE BOOSTS FUTURES
John Maggs |
Oil futures prices continued to climb Tuesday in response to a major pipelinebreak in Oklaho
FUNDS VOTED FOR AID AGENCIES
Journal of Commerce Staff |
A House banking subcommittee approved over $4 billion in funds for three international aid agencies.
THE ECONOMY
From Wire and Staff Reports |
New Home Sales Jumped 7.6 percent in AprilNew home sales jumped 7.6 percent in April, the bi
TRUCKING BRIEFS
From Wire and Staff Reports |
Nissan Trucks Add AutomaticsNissan medium-duty trucks for 1988 will be available with automa
Trucking News
DRILLING OK COULD PAVE WAY FOR NATIVE LAND EXCHANGE
Gloria Joseph |
If Congress agrees to open the wildlife refuge to oil and gas drilling, that decision could pave the
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
MCDONNELL UNIT WINS STAR WARS CONTRACT
(Ap) |
McDonnell Douglas Astronautics has been awarded a $480 million Air Force contract to develop and tes
Air Cargo
JAPANESE TARGET FOREIGN TRAVEL
A.E. Cullison |
The number of Japanese tourists annually traveling abroad will double over the next five years under
Maritime
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