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TODD YARD IN SEATTLE LAYS OFF 275
Gloria Joseph |
One-fourth of the workers are being laid off at the Seattle division of financially troubled Todd Sh
Maritime
MET LIFE SUES DOCTOR UNDER RICO LAWS
Journal of Commerce Special |
A doctor who runs a string of suburban allergy clinics has been sued under federal racketeering laws
MARITIME BRIEFS
From Wire and Staff Reports |
Propeller Club Slates Convention EventsNeil L. Frank, director of the National Hurricane Cen
Maritime
ABELY TO GET BONUS OF OVER $1 MILLION
Mark Magnier |
According to documents filed by Sea-Land Corp., retiring Joseph F. Abely Jr. will receive $1,150,000
Maritime
TAX ADVANTAGE PRESERVED FOR INSURANCE COMPANIES
Leah R. Young |
The Supreme Court preserved the insurance company tax advantage that leads many companies to purchas
NY MOVES TO BAN TESTING FOR AIDS BY HEALTH INSURERS
Paula L. Green |
People applying for individual health insurance coverage in New York state would not be required to
SELF-INSURANCE MAY BE RX FOR FLA. MAL PRACTICE ILLS
C.A. Carpenter |
Florida Insurance Commissioner Bill Gunter is proposing a mandatory self- insurance pool for the sta
AAPA OPENS DRIVE AGAINST PROTECTIONISM
Robert F. Morison |
The nation's ports are mounting an effort to head off protectionist provisions in foreign trade legi
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Ga. Looks for Insurers To Embrace ReformsThe Georgia Insurance Department is looking for com
FINANCIAL BRIEFS
From Wire and Staff Reports |
Longer Jail Terms Urged by GiulianiInsider trading can be deterred if the risk and consequen
ON THE MOVE GIOIA QUITS PSC TO JOIN FIRST ALBANY
Staff Report |
Paul Gioia, removed by Gov. Mario Cuomo as chairman of the Public ServiceCommission, said We
DURABLE GOODS ORDERS JUMP
John Boyd |
New orders for durable goods from U.S. manufacturers rose strongly in March, led by a jump in milita
INDIA STILL WANTS SUPERCOMPUTER
Neel Patri |
India has yet to decide if it will go ahead with the purchase of a U.S. supercomputer. The R
US FARM OFFICIAL LEAVES TOKYO EMPTY-HANDED, DISAPPOINTED
A.E. Cullison |
Agriculture Secretary Richard Lyng described nearly a week of trade talks with Japan as a total fail
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Unions representing more than 600,000 postal workers told the U.S. Postal Servi
Maritime
IMF SAYS MOVES TO PRIVATIZE ARE IN LOW GEAR
(Ap) |
Getting government out of business is popular with many conservative leaders, who see state ownershi
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Unions representing more than 600,000 postal workers told the U.S. Postal Servi
SENATE DELAYS BUDGET DEBATE
Journal of Commerce Staff |
The Senate will put off until next week any debate on the fiscal 1988 budget, Senate aides said.
WORLD TODAY
From Wire and Staff Reports |
Import Duties Sought On Japanese ForkliftsHyster Co. and four U.S. labor unions asked the go
WATERMAN PROFITS SOARED TO $8.18 MILLION IN 1986
Gregory S. Johnson |
Waterman Marine Corp., which last year became the first U.S.-flag carrier to emerge from Chapter 11
TRUCK BUILDERS WORRIED BY CLASS 7 SALES DROP
Michael S. Lelyveld |
Analysts are asking three questions about what may be a billion-dollar blunder for the heavy truck
POSTAL WORKERS SEEK MAJOR WAGE HIKES
(Ap) |
Opening the nation's largest round of labor negotiations this year, unions representing more than 60
US IMPROVES TERMS OF TAIWAN TEXTILE PACT
Rose A. Horowitz |
Taiwan achieved more favorable terms in negotiating a one-year extension of a textile agreement with
APPROVAL SEEN FOR GEPHARDT TRADE RIDER
Helen Ericson |
Speaker Rep. Jim Wright, D-Texas, predicted the House will approve a trade bill amendment requiring
NEW ROUND OF CHIP TALKS AIMS TO RESOLVE US-JAPANESE CONFLICT
A.E. Cullison |
The United States and Japan agreed to reopen stalled talks on the semiconductor dispute that led Pr
RAIL LEADERS DISCUSS STRATEGY
David M. Cawthorne |
Railroad industry movers and shakers are gathering here today for one of those private meetings that
DOLLAR STEADY IN MIXED MARKET
Knight-Ridder Financial |
The U.S. dollar was steady against most major currencies Wednesday as it moved in a narrow trading r
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
AUSTRALIAN DOLLAR KEEPS SLIDING
Knight-Ridder Financial |
The Australian dollar fell to 69.80 U.S. cents Wednesday, as local importers rushed to sell.
STOCKS PLUNGE ON RUMORS
Gordon Platt |
Stocks plunged in nervous trading Wednesday, as the rumor mills worked overtime here and abroad.
TAX LAW MAY BOOST JUNK BOND MARKET
Journal of Commerce Staff |
Corporate debt financing and the junk bond market may be stimulated by the new tax law, according to
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
USSR SAYS CHERNOBYL AREA NEARLY BACK TO NORMAL
(Ap) |
Soviet officials said Wednesday that a year after the Chernobyl nuclear accident the temperature of
COST OF CREDIT
JOC Staff |
Wednesday, April 22, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
YUGOSLAVS PUSH REFERENDUMS ON FUTURE NUCLEAR PROJECTS
(Ap) |
The Yugoslav Youth Association has proposed that nationwide referendums should be held on any future
COAL PARLEY SET FOR APRIL IN ROME
Journal of Commerce Staff |
The third annual U.S./European Coal Conference, sponsored by the U.S. Coal Exporters Association, wi
TAKEOVER BID PUTS JAPAN FUND IN THE SPOTLIGHT
(Ap) |
Thanks to a recent takeover bid, a quiet corner of the financial world is getting some unaccustomed
PLASTICS CORNER
Journal of Commerce Staff |
Kaneka Texas Hikes Prices for ModifiersKaneka Texas Corp. will increase prices for all its m
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