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CME RE-ELECTS SANDNER
Journal of Commerce Staff |
John F. "Jack" Sandner, chairman of the Chicago Mercantile Exchange (CME), has been re-elected to se
SAN DIEGO YARD WINS NAVY PACT
Bill Mongelluzzo |
The award of a $290.9 million Navy contract to National Steel & Shipbuilding Co. illustrates once ag
Maritime
LAKES INTERESTS SLATE ECONOMIC CONFERENCE
Leo Ryan |
Mayors representing communities on the Great Lakes and St. Lawrence River are to attend a two-day co
Maritime
SHAKEOUT TO CONTINUE UNTIL 1990 SHAPE OF INDUSTRY TO CHANGE IN WAKE OF RATIONALIZATION
TOM McNIFF Jr. |
A consultant predicts the shakeout in container shipping will end by 1990, with a few large firms d
Maritime
ANTI-HIJACKING MEASURES URGED
(Ap) |
Permitting naval ships to chase and intercept hijacked vessels could deter terrorist incidents like
Maritime
ILLINOIS TREASURER BATTLES HIGH CREDIT CARD RATES
Journal of Commerce Staff |
Illinois Treasurer Jerome Cosentino says he will continue waging war on high bank-credit-card intere
NY AREA PRICES RISE AT SLOWER PACE
(Ap) |
Consumer prices rose by 2.6 percent in 1986 in the New York metropolitan area, the smallest yearly a
NJ LIQUOR LIABILITY BILL VETOED
(Ap) |
Gov. Thomas H. Kean has conditionally vetoed a bill designed to protect tavern owners from lawsuits
BUSINESS GROUP DRAFTS PRODUCT LIABILITY BILL
Leah R. Young |
A coalition of business groups is preparing a scaled-down federal product liability law reform propo
COST OF CREDIT FRIDAY, JANUARY 23, 1987 (PERCENTAGES PER YEAR)
JOC Staff |
INTERNATIONAL INTEREST RATES Canada U.K. Germany Holland SwitzerlandDa
LLOYD'S TO CHANGE COUNCIL? INQUIRY SAYS MORE INDEPENDENT OVERSIGHT NEEDED
Edwin Unsworth |
Lloyd's of London should change the makeup of its ruling council to include more outside members in
PHILIPPINE TALKS WITH BANKS LIKELY
(Ap) |
Creditor governments of the Philippines have agreed to reschedule a large portion of the country's e
Maritime
KODAK AGREES TO LEND $1 MILLION TO ENZON
Journal of Commerce Staff |
Enzon Inc. and Eastman Kodak Co. announced they have signed an agreement whereby Kodak has agreed to
HAMMER SEES $28 OIL IN '87
(Ap) |
The price of oil should bounce back to at least $28 a barrel by the end of this year, predicts Arma
PFIZER CREDITS WEAKER DOLLAR FOR IMPROVEMENT IN EARNINGS
Journal of Commerce Staff |
Pfizer Inc. reported net income for the 1986 fourth quarter was $158.4 million, up from $139.3 milli
DOLLAR FIRMS AFTER VOLATILE WEEK
Knight-Ridder Financial |
The U.S. dollar firmed slightly Friday against the deutsche mark and yen, although prices slipped so
PLASTICS CORNER DOW HIKES PRICES OF RESINS
Journal of Commerce Staff |
The Engineering Thermoplastics Department of The Dow Chemical Co. announced that effective Feb. 1, 1
CHEMICAL MARKETS GUM ROSIN MARKET SEEN FIRMING
Journal of Commerce Staff |
The market for imported gum rosin is reported to be drifting up due to declining tall oil rosin sto
DU PONT SETS TECHNOLOGY PACT WITH MONSANTO
Journal of Commerce Staff |
Monsanto Co. announced an agreement with E.I. du Pont de Nemours & Co. to work together to develop
ENERGY EXPERTS WARN AGAINST US POLICY ON IRAN
(Ap) |
The Reagan administration's secret sales of weapons to Iran could lead to increased U.S. dependence
EMERY CHEMICALS COMPLETES EXPANSION OF SC FACILITY
Journal of Commerce Staff |
Emery Chemicals announced the completion of the final phase of the $4.5 million expansion of its Mau
FERTILIZER INSTITUTE MEETING WILL FOCUS ON TRADE POLICY
Journal of Commerce Staff |
Two members of the House Ways and Means Committee, Reps. Bill Frenzel, R- Minn., and Sam Gibbons, D-
JAPANESE AUTO PRODUCTION FALLS
(Ap) |
Japanese production of four-wheeled vehicles dropped slightly in 1986 compared with the previous yea
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Taiwan's Assets Drop In Offshore Bank UnitsTAIPEI, Taiwan - Assets of Taiwan's 15 offshore b
Maritime
BIOTECH R&D ON THE RISE
Journal of Commerce Staff |
Spending for research and development in the biotechnology industry will continue at high levels in
HYDROGEN SOLUTION TO ENERGY WOES?
Boston Globe |
Sooner or later, the world will run on hydrogen. That's the forecast, at least, of a small b
ISRAEL REDUCED FUEL BILL TO $580 MILLION IN '86
Journal of Commerce Staff |
The drop in the price of crude allowed Israel to cut its 1986 fuel bill to $580 million, about half
SOME SAY HYDROGEN TOO COSTLY TO COMPETE WITH FOSSIL FUELS BOSTON GLOBE
JOC Staff |
Most energy researchers say flatly that hydrogen will be too expensive to compete with fossil fuels
NEWPORT ELECTRIC FOILS TAKEOVER BID
Journal of Commerce Special |
The Newport Electric Co. has staved off a takeover bid and created a holding company, NECO Enterpris
TWO US COMPANIES WIN BRAZILIAN PACT
Tim Sansbury |
Two new U.S. coking coal producers have broken into the promising Brazilian market with an offer tha
WEST COAST BRIEFS
From Wire and Staff Reports |
Two Accused in Sale Of Copters Out on BailTwo brothers accused of illegally selling helicopt
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Potomac Electric Sales Increased 5.3 percent in 1986Potomac Electric Power Co.'s 1986 kilowa
FIRMS SUBMIT PROPOSALS FOR CLEAN COAL PROJECTS
Journal of Commerce Staff |
The Energy Department received ideas for 137 clean coal-burning demonstration projects in response t
EARNINGS UK DISTRIBUTION GROUP POSTS RECORD EARNINGS
Edwin Unsworth |
The National Freight Consortium, Britain's largest road distribution group, announced record 1985-86
DU PONT, INDIAN FIRM SIGN VENTURE AGREEMENT
JOC Staff |
E.I. du Pont de Nemours & Co. signed a $100 million joint-venture agreement with the Thapar industri
Maritime
FRENCH KNOW-HOW USED IN JAPANESE NUCLEAR PLANT
(Ap) |
A Japanese company planning to build the country's first nuclear fuel reprocessing plant for commer
Maritime
TRAFFIC REPORT
Wire and Staff Reports |
Hollings to Address Carriers ConferenceSen. Ernest Hollings, D-S.C., will be the keynote spe
FOREIGN INVESTMENT FALLS IN CHINA
Jasper Becker |
Direct contracted foreign investment in China plunged 50 percent last year to $3.3 billion, down fro
Maritime
UNITARY TAX REARS HEAD AGAIN
(Ap) |
California Governor George Deukmejian said that if Japan did not reduce its trade surplus with the s
Maritime
INSIDE TALK ON TRANSPORTATION BY LARRY STERNE.
Larry Sterne |
CONSUMER TIP: Frank Lorenzo, Texas Air chief, unveiled the new look for Continental Airlines at a me
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