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NO RX FOR TRADE DEFICIT
Kevin D. Thompson |
For lawmakers in Washington, the U.S. trade deficit is a lot like a nagging cold: no matter how much
Maritime
CUSTOMS EYES EARLY CHOICE OF NEW SITES
Maureen Robb |
The Customs Service said it plans to choose its new northern California inspection sites by early Ju
Maritime
FUEL ACT REPEALED
Journal of Commerce Staff |
President Reagan signed into law Thursday legislation repealing the Fuel Use Act. The repeal will ma
EX-IM BANK CHIEF HITS RESERVE PLAN
Helen Ericson |
Export-Import Bank chairman John A. Bohn Jr. expressed firm opposition to a proposal that the bank e
NEWS SUMMARY
JOC Staff |
FINANCIAL Citicorp plans to swap and sell billions of dollars of LDC debt in the secondary m
NY PROPOSES CHANGING UTILITY TAX
(Ap) |
Republicans in the state Senate Tuesday proposed changing the way New York has taxed its utilities f
ALASKA AIR SEEKS TO STAY PROFITABLE
Gloria Joseph |
Remaining profitable may be the best way for the only independent airline remaining on the West Coas
ENERGY BRIEFS
From Wire and Staff Reports |
Sun Company Raises Crude Buying PricesSun Co. said it raised its posted buying price for Wes
WEST COAST BRIEFS
From Wire and Staff Reports |
First Operating Trolley Makes Run in Calif.SAN JOSE, Calif. - The first operating trolley ca
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
World Bank Approves Credit to ArgentinaThe World Bank approved $500 million in credit to sup
Maritime
EXPORTERS URGED TO LOOK TO EUROPE
William Armbruster |
Economic growth in Europe presents new opportunities for U.S. exporters, a top Coca Cola Co. executi
RE-FLAGGING PROPOSAL CRITICIZED IN HOUSE
Journal of Commerce Staff |
House Speaker Jim Wright, D-Texas, said Congress was looking into the administration's proposal to a
Maritime
MATSON, LOS ANGELES CALL FINE UNJUSTIFIED
Bill Mongelluzzo |
Attorneys representing the port of Los Angeles and Matson Terminals Inc. told a Federal Maritime Com
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 LAW FIRM TAPS ADAMS FOR POST
Staff Report |
Jones, Day, Reaves & Pogue named Charles C. Adams partner-in-charge of the new Geneva office of this
THIRD WORLD DEBT A PRESSING ISSUE
Janet Porter |
The agenda for the economic summit in Venice next month may have to be rewritten as world leaders as
BALTIC FREIGHT INDEX
JOC Staff |
1087.5 (May 20) Previous day - 1094.0 The Baltic International Freight Futures Exchange in L
Maritime
HOW TO PUT OLD LOANS TO GOOD USE
John Boyd |
The secondary market in Third World debt has spent several years developing a clever system that cre
ANALYSTS SPLIT ON FED ACTION ON KEY RATE
John Boyd |
Citicorp's big decision to take a hit now on its Third World loans doesn't make the Federal Reserve'
PRICES, MARKETS WORRY US LEATHER, HIDE SECTOR
Noel Fletcher |
Concern is growing in the U.S. leather and hide industry over sky-rocketing prices and over-reliance
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CHINA TO DOUBLE STEEL PRODUCTION AT THREE PLANTS
Noel Fletcher |
The government plans to double output capacity at three of Liaoning province's largest iron and stee
Maritime
CHINA ZONE LURES INVESTORS
Noel Fletcher |
More foreign investment is needed if a key development area in southeastern China is to meet its gov
Maritime
MICRO BIO-MEDICS OFFERS COLD PACK
Journal of Commerce Staff |
Micro Bio-Medics Inc. announced recently that it has begun marketing a cold pack for reducing inflam
FUTURE OF ALLEGIS IN QUESTION PILOT BID FOR UNITED AIRLINES THREATENS LONG-TERM STRATEGY
Tim Neale |
It seems there are as many questions buzzing about Allegis Corp. these days as there are planes in t
FRENCH CONTROLLERS TO CONTINUE STRIKE
(Ap) |
French air traffic controllers said Tuesday they would continue, at least through next week, their
CHARLESTON FIGHTS BACK AND WINS KEY MEN EMPHASIZE VALUE OF SHIPPERS
Stanford Erickson |
The port of Charleston owes its success today and over the years primarily to three selfless and ver
Maritime
GASOLINE PRICES UP IN MASS. DEALERS GEAR UP FOR OPEC PRICE HIKE, SUMMER DEMAND
TOM McNIFF Jr. |
Gasoline stocks are up and prices are rising as Massachusetts dealers gear up for a possible hike in
GASOLINE, OIL STOCKS CONTINUE TO DECLINE
Journal of Commerce Staff |
Gasoline and distillate oil inventories continued to decline, according to the American Petroleum In
RG&E'S DIVIDEND IS IN DOUBT
Journal of Commerce Staff |
Rochester Gas & Electric Corp. shareholders were told Wednesday that the company's ability to mainta
CITICORP PLANS TO SWAP, SELL ITS LDC DEBT
Gordon Platt |
Citicorp's decision to take a multibillion-dollar bath in LDC debt in the current quarter has turned
DOLLAR TURNS HIGHER ON FED INTERVENTION
Knight-Ridder Financial |
The U.S. dollar turned mostly higher Wednesday after falling on Tuesday's news of Citibank increasin
FINANCIAL BRIEFS
From Wire and Staff Reports |
Japan to Continue Easy Money PolicyTOKYO - Bank of Japan Governor Satoshi Sumita said the ce
SENATE COMMITTEES FINISH UP WORK ON OMNIBUS TRADE BILL
Helen Ericson |
Senate committee work on the omnibus trade bill came close to completion as the Foreign Relations Co
HEAVY TRUCK SALES HIT DOUBLE-DIGIT GROWTH
Michael S. Lelyveld |
The surge in heavy truck sales broke into double-digit growth as final figures for April showed a st
MASS. LIFE, HEALTH INSURERS HIT UNISEX RATING PROPOSAL
TOM McNIFF Jr. |
Life insurers in Massachusetts will oppose vehemently, perhaps in court, a proposed state regulation
SURETY RATING CHANGES UNLIKELY
Paula L. Green |
The surety and fidelity insurance industry's present rating-making system will most likely remain in
SENATE PANEL OKS RENEWAL OF PRICE ACT
Journal of Commerce Staff |
The Senate Energy and Natural Resources Committee voted Wednesday to approve reauthorization of the
EXPORT BRIEFS
From Wire and Staff Reports |
Ex-Im Bank Suspends Cover for ZambiaThe Export-Import Bank suspended export credit insurance
Maritime
CHINA TO DOUBLE STEEL OUTPUT AT THREE PLANTS
Noel Fletcher |
The government plans to double output capacity at three of Liaoning province's largest iron and stee
Maritime
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