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OIL EXPORT EARNINGS PLUMMET IN MEXICO
William A. Orme Jr. |
Mexico's oil export earnings plummeted to $5.57 billion last year, a staggering $8.5 billion drop be
ENERGY BRIEFS
Wire and Staff Reports |
Great Lake Diversions Seen Taking NY PowerNew York Power Authority Chairman Richard M. Flynn
PPG INDUSTRIES TO OPERATE GM AUTO PAINTING FACILITY
Journal of Commerce Staff |
PPG Industries Inc. will operate a General Motors automotive painting facility at GM's Buick Reatta
ITALY EARMARKS FUNDS TO BACK UN PROGRAM
Thomas Land |
Italy has signed a series of agreements worth $18 million with the United Nations' new biotechnology
JAPAN LIMITS HOLDINGS IN COMPANY
(Ap) |
Foreign firms will be allowed to join in a new international telecommunications consortium that wil
CANADA CORN TARIFF LEADS TO US PROBE
Richard Lawrence |
The Senate Finance Committee voted to direct the Reagan administration to probe Canada's recent tari
BAKER WANTS $200 MILLION MORE TO PROMOTE SELECTED US EXPORTS
(Ap) |
Treasury Secretary James A. Baker III says the Reagan administration still wants $200 million from C
TAX-CUTTING PLAN PUT FORTH IN CALIFORNIA ASSEMBLY
(Ap) |
The chairman of the Assembly's budget committee proposed cutting the sales tax 2 cents and increasin
Maritime
WHY THE CHIPS ARE FALLING IN JAPAN
Christopher H. Schmitt |
At a time when U.S. semiconductor companies are using the specter of Japanese domination to push fo
Maritime
CHILEAN CRITICIZES US SANCTIONS BILL
Knight-Ridder Financial |
The introduction in the U.S. Congress earlier this month of a sanctions bill against Chile already h
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
UK Banks Lower Base Lending RateBritain's major banks cut their base lending rate by half a
GNP ONLY ROSE 1.1 PERCENT IN QUARTER
From Wire and Staff Reports |
U.S. economic growth slumped to a meager 1.1 percent annual rate for the final three months of 1986,
CHINA'S ECONOMIC POLICY HIT
Jasper Becker |
A leading Chinese banker charged that decentralization of the economy was a mistake and that it will
Maritime
SHIPBUILDERS IN ASIA TAKE LION'S SHARE
Journal of Commerce Staff |
Asia tightened its stranglehold on the world shipbuilding market last year as Japan accounted for ne
Maritime
SUPPLIES OF DISTILLATE OIL, GASOLINE DECLINED FOR WEEK
Journal of Commerce Staff |
Supplies of both distillate oil and gasoline declined, according to the American Petroleum Institute
FLUE GAS CLEANUP IN SPOTLIGHT
Tim Sansbury |
A process using flue gas cleanup devices is moving to the head of the class of the clean coal burnin
CATHAY PACIFIC NOTCHES RECORD PROFIT IN YEAR
P.T. Bangsberg |
In its first year as a separately quoted company, Cathay Pacific Airways Ltd. notched up record prof
NEWS SUMMARY
JOC Staff |
GENERAL NEWS House subcommittees continued to work quickly on major sections of the omnibus
Maritime
ON THE MOVE NAVIGATORS PICKS BARNETT FOR NEW POST
From Wire and Staff Reports |
Navigators Group Inc., an insurance holding company whose Navigators Insur ance Co. unit specializes
OREGON SENATE APPROVES BILL BOOSTING GOVERNOR'S PORT POWERS
Journal of Commerce Special |
Oregon Gov. Neil Goldschmidt is half way home in getting authority to appoint the president of the P
Maritime
WEST COAST BRIEFS
Wire and Staff Reports |
California Faces Risky Fiscal FutureCalifornia's economy may seem healthy, but the state fac
Maritime
INSURANCE EARNINGS
JOC Staff |
Nobel Suffers Loss In Fourth QuarterHAMILTON, Bermuda - Nobel Insurance Ltd. reported an ope
TRUCKING HIKES DRAW NEW FIRE
David M. Cawthorne |
The trucking industry's continued reliance on general rate increases drew further hostile fire from
TRAFFIC BRIEFS
Wire and Staff Reports |
Railroads' Revenues Are Called AdequateNo major railroads are earning adequate revenues, the
IMPORT BRIEFS
Wire and Staff Reports |
Taiwan Found Dumping Pipes, TubesThe Commerce Department, in a preliminary determination, fo
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
SCANLAN TO CHAIR DELAWARE RIVER AGENCY
Journal of Commerce Staff |
Francis A. Scanlan, a Philadelphia maritime attorney who has been prominent in North Atlantic port m
Maritime
BUSINESS LOOKING GOOD AT NEWPORT NEWS
Carl Cahill |
Top state and local transportation officials who met here St. Patrick's Day for some chest-thumping
Maritime
MARINE CASUALTIES
JOC Staff |
The 24,213-deadweight-metric-ton Panamanian bulk carrier Bursa Bay and the Panamanian freighter Tram
Maritime
CORRECTION
Journal of Commerce Staff |
W.J. Amoss Jr., chairman and chief executive officer of Lykes Bros. Steamship Co. Inc., favors retai
Maritime
CANADA SEEKS UNITY ON ACID RAIN ISSUE
(Ap) |
Premier Richard Hatfield will appear before a special Commons committee soon to explain why New Brun
ENERGY BRIEFS
From Wire and Staff Reports |
Consolidated Gets Nod For Marketing UnitConsolidated Natural Gas Co. said it received author
LILCO SAYS NEW CHIEF FITS COMPANY'S NEEDS
Journal of Commerce Staff |
Long Island Lighting Co. hired a new president last January after the post had been vacant for about
TEXAS EASTERN PLEDGES CONTINUED PCB CLEANUP
Journal of Commerce Staff |
Howard C. Homeyer, Texas Eastern Gas Pipeline Co. president, testified recently that the company is
PA. SITE IS MOST CONTAMINATED
Reid Kanaley |
Toxic chemical contamination at a railyard outside Philadelphia was the worst ever found by investig
SUITS CLAIM BAYER DRUG AIDS-INFECTED
(Ap) |
Bayer AG is being sued in West Germany and the United States over the sale of its hemophilia drugs t
CHEMICAL MARKETS
Journal of Commerce Staff |
Tall Oil Rosin Surplus Shrinks, Market FirmsThe U.S. tall oil rosin market strengthened due
SWISSAIR LIKELY TO CHOOSE MD-11S
(Ap) |
McDonnell-Douglas' MD-11 on Wednesday seemed to be the top favorite for replacing the 11 DC-10s on S
'CORPORATE INSIDERS' EXPRESS OPTIMISM
Journal of Commerce Staff |
Corporate controllers and business planners are more optimistic about the economy, in a turnaround f
WORLD TODAY
From Wire and Staff Reports |
EC-Comecon Talks GENEVA - Experts from Western and Eastern Europe met Wednesday for new talk
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