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PORT PLAN QUESTIONED IN BOSTON
TOM McNIFF Jr. |
The loss of a proposed Zim Lines service in March has Boston shipping officials saying that a labor-
Maritime
UK-BASED AIRSHIP INDUSTRIES PINS HOPES ON US NAVY PACT
Edwin Unsworth |
Will the U.S. Navy finally give the anchors-aweigh signal for Airship Industries with a major multim
REPRISAL BID ON AGAINST JAPANESE AIRPORT PROJECT
Richard Lawrence |
The Senate appears to be moving toward reprisals against Japan for its refusal to open the Kansai ai
U.S. TRUCK LINES LOSSES DOUBLE
JOC Staff |
U.S. Truck Lines Inc. lost $849,230 in the first quarter of this year, nearly twice the $489,637 a y
MCI, SPRINT PLAN TO MATCH AT&T LONG-DISTANCE RATES
(Ap) |
MCI Communications Corp. and US Sprint Communications Co. say they willannounce long-distanc
ENERGY BRIEFS
Wire and Staff Reports |
Pennsylvania Approves Waste-to-Energy PlantYORK, Pa. - The Pennsylvania Department of Enviro
DOLLAR TURNS LOWER AHEAD OF TRADE DATA
Knight-Ridder Financial |
The U.S. dollar turned lower at midday Wednesday on market anxiety that today's merchandise trade fi
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
ROHM & HAAS, TOYO IN VENTURE
Journal of Commerce Staff |
Rohm & Haas Co. announced the formation of a venture with Toyo Soda Manufacturing Co. of Japan, to m
PLASTICS CORNER
Journal of Commerce Staff |
Reichhold Division Hikes Latex PricesDOVER, Del. - The emulsion polymers division of Reichho
MARITIME BRIEFS
From Wire and Staff Reports |
Ship Hits Scaffolding On Brooklyn BridgeThe Brooklyn Bridge was briefly closed to Manhattan-
Maritime
RYDER SYSTEM ENJOYING STRONG BUSINESS SURGE
Leo Abruzzese |
Record revenue from full service truck leasing is spearheading a generally strong business surge for
IMPORT BRIEFS
From Wire and Staff Reports |
Toshiba America Seeks To Expand Role in USIRVINE, Calif. - John Rehfeld, vice president and
Maritime
25 PERCENT OF FIRMS LOSING MONEY IN CHINA
(Ap) |
Nearly one out of every four state enterprises in China lost money in the first quarter of the year,
Maritime
JAMAICA PUSHES HORTICULTURE IN US, INTERNATIONAL MARKETS
Journal of Commerce Staff |
The government of Jamaica is touting the Caribbean island as a potentially important supply base for
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Expanded patent protection for U.S. companies won approval from a Senate Judici
BANKING GROUP ELECTS OFFICIALS
JOC Staff |
The Banker's Association for Foreign Trade, elected Anthony L. Furr of First Wachovia Corporate Serv
AT&T PLANNING 4.8 PERCENT RATE CUT
(Ap) |
American Telephone & Telegraph Co. announced plans to cut its long-distance rates by about 4.8 perce
MEXICO SHUNS BUYERS TO PROP UP OIL PRICES
WILLIAM A. ORME Jr. |
Mexico has been spurning potential oil sales in conjunction with the Organization of Petroleum Expor
GROUP BACKS PLAN TO REOPEN REFINERY
Journal of Commerce Staff |
The Houston businessman who wants to reopen the former Exxon Corp. refinery on Aruba received Wednes
GASOLINE, FUEL OIL STOCKS STILL SHOWING DECLINE
Journal of Commerce Staff |
Gasoline and distillate oil inventories continued to decline, according to the American Petroleum In
THOUGHTS OF A USER-FRIENDLY WINE SNOB
Leo Ryan |
How do you react if a chap at an adjoining table in a restaurant starts commenting on a glass of win
ALLIANCE NAMES NEW CHAIRMAN
Journal of Commerce Staff |
Clifford H. Whitcomb was elected chairman of the Alliance of American Insurers for the 1987-88 term.
SAUDI ARABIA OPENS STOCK TRADING FLOOR
(Ap) |
Saudi Arabia this week began operating a stock trading floor, described by financiers as a landmark
HONG KONG'S BANKS REBOUND
P.T. Bangsberg |
The local banking sector appears to have recovered from a two-year battle against sluggish growth an
NEW RULES TO AID HEAVY TRUCK SALES?
Michael S. Lelyveld |
The effects of recent regulatory changes may help to brighten the long-term outlook for sales of hea
ENERGY BRIEFS
Wire and Staff Reports |
Diablo Canyon Unit 1 Expected at Full PowerSAN LUIS OBISPO, Calif. - The Unit 1 reactor at D
INCOME INCREASES AT CIRCLE EXPRESS
JOC Staff |
Circle Express Inc. of Indianapolis reported net income of $837,000, or 18 cents a share, on revenue
ON THE MOVE UTILITY MOVES TOP OFFICIALS UP A NOTCH
Staff Report |
Puget Sound Power & Light Co. promoted several executives. The utility elected John W. Ellis chairma
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Crown Zellerbach Sets Move Across the BayOne of the city's oldest companies, Crown Zellerbac
Maritime
CHINA PLANS LOW-INTEREST MORTGAGES
(Ap) |
Reforms to allow the first low-interest mortgages in China to encourage people to buy their own home
Maritime
MANAGING BENEFITS & HEALTH CARE METLIFE ENTERS NY-NJ ARENA
From Wire and Staff Reports |
MetLife HealthCare Network, part of the Metropolitan Life Insurance Co., has taken the first step in
NY UNIT QUERIES TUNNEL'S SAFETY
(Ap) |
The Urban Mass Transportation Administration raised questions about the safety of the ventilation sy
FMC REFERS TARIFF ISSUE TO CONGRESS
Robert F. Morison |
The Federal Maritime Commission gave up a two-year effort to clarify tariff- filing issues involving
Maritime
FRENCH COMPANY TO CLOSE MINES
Howard Schissel |
France's state-controlled coal company, Charbonnages de France, is accelerating a plan to close down
EARNINGS FALL FLAT FOR NOVO
Journal of Commerce Staff |
Novo Industri A/S, based in Bagsvaerd, Denmark, reported flat first quarter net income of 122 millio
BOEING: LOAN TO UAL CEMENTED JET DEAL
Gloria Joseph |
Boeing officials say the only way it could sell 36 jetliners for $2.1 billion to its largest custome
MEXICANS CHALLENGE CONTROL OF PORTS
WILLIAM A. ORME Jr. |
Business groups are being rebuffed in their quest for private managementof Mexico's ports, but the d
Maritime
EARLY MAY SALES OF US CARS FELL 28.5 PERCENT FROM '86
(Ap) |
Early May sales of domestic cars fell 28.5 percent from the same period a year ago, while combined s
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