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LIRR COMMUTERS FACING MORE BAD NEWS - SNOW
(Ap) |
Exasperated Long Island Rail Road riders, their daily commutes already lengthened by a four-day stri
ON THE MOVE
From Wire and Staff Reports |
Evergreen Names ChangTo New PostJERSEY CITY, N.J. - K.H. Chang was named to the new
USSR WILL DEFER TAXES ON JOINT VENTURE DEALS
Helen Ericson |
The Soviet Union will impose no taxes for the first two years on joint venture arrangements between
VOLCKER, WHITE HOUSE SPLIT ON BANKING
Leah R. Young |
The Reagan administration and Federal Reserve Board Chairman Paul Volcker made conflicting proposals
WIDE-RANGING TRADE BILL VOWED
Helen Ericson |
House Speaker Jim Wright, D-Texas, and Senate Majority Leader Sen. Robert C. Byrd, D-W.Va., say they
SENATE PANEL RIPS APART REAGAN'S BUDGET PLAN
John Boyd |
The president's proposed federal budget ran into criticism before the Senate Appropriations Committe
THE ECONOMY INFLATION RATE HITS 25-YEAR LOW
(Ap) |
Inflation registered the lowest reading in 25 years during 1986 with U.S. consumer prices rising on
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe U.S. inflation rate is the lowest in 25 years, and home building performed s
US MANUFACTURING PAYS FAR MORE THAN IN ASIA
(Ap) |
The average U.S. factory worker earns as much as $9 for every dollar paid a worker in South Korea, L
BUNDESBANK SILENT ON PRESS CONFERENCE
JOC Staff |
The Bundesbank wouldn't make an early announcement about whether it will hold a press conference aft
USL GIVEN ADVANCE BY MARAD LINE ENABLED TO MAKE AN OVERDUE PAYMENT ON A SHIP MORTGAGE
Robert F. Morison |
The government has advanced $701,119 to financially troubled United States Lines Inc. to enable it t
US, WEST GERMANY, JAPAN SUPPORT FOREIGN EXCHANGE MARKET STABILITY
Richard Lawrence |
Two high-ranking U.S. officials joined Japanese and West German finance officials in support for for
WORLD TODAY
From Wire and Staff Reports |
Deal With Iran Detailed WASHINGTON - Former White House aide Robert McFarlane said a deal ha
EC OFFICIALS SAY CHANCES OF AVERTING TRADE WAR SLIM
Janet Porter |
Willy de Clercq, the European Community's external relations commissioner, arrives in Washington tod
MULRONEY: ACID RAIN WAR VITAL CANADIAN WARNS US NOT TO PUT THE ISSUE ON THE BACK BURNER
Leo Ryan |
Prime Minister Brian Mulroney emerged with blunt words from a meeting Wednesday with U.S. Vice Presi
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe president's budget chief indicated the administration is willing to deal, on
BRAZIL RECEIVES FUNDS TO SUPPORT COFFEE PLAN
Bob Bellottie |
Brazilian Coffee Institute (IBC) President Paulo Graciano said Brazil had obtained domestic funds to
INSIDE TALK FROM ASIA BY P.T. BANGSBERG
P.T.Bangsberg |
LEFT HAND, RIGHT HAND: In recent weeks, hundreds of thousands of dollars worth of imported electrica
Maritime
DOLLAR RECOVERS IN WORLD TRADING
Knight-Ridder Financial |
The U.S. dollar was lower Tuesday than in late U.S. trading Friday but recovered from price levels r
WEST COAST BRIEFS
From Wire and Staff Reports |
Wardair to Serve Vancouver-LondonVANCOUVER, British Columbia - Wardair International of Toro
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Japan's Steel Output Down 6.7 percent For YearJapan's 1986 crude steel output was down 6.7 p
Maritime
CHINA REMAINS COMMITTED TO REFORMS
(Ap) |
China's crackdown on "bourgeois liberalism" is necessary, but the country will not change its reform
Maritime
MARKET GAINS FOR RECORD 13TH DAY
RIPLEY WATSON Jr. |
The stock market shook off bouts of profit-taking and weak International Business Machines Corp. ear
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe president's budget chief indicated the administration is willing to deal, on
Maritime
CHINA EASES SOME TRADE REGULATIONS
(Ap) |
China issued provisions allowing foreign-owned productive enterprises to export Chinese products to
Maritime
GOV. DEUKMEJIAN RAPS JAPAN'S TRADE BARRIERS
(Ap) |
California Gov. George Deukmejian told Japanese businessmen Tuesday they must act quickly to avoid a
Maritime
SUPREME COURT DECLINES TO HEAR DES TORT CASES
Leah R. Young |
The Supreme Court again refused to hear arguments in cases involving the insur ance ramifications of
SDR RATES
JOC Staff |
WASHINGTON - The official IMF dollar rate for the special drawing right as measured by a basket of c
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ITALIAN STORM LOSS PUT AT $1.3 BILLION
(Ap) |
The winter storms that have buried northern Italy in snow and battered the southern coast with viole
CLAIMS FLOW IN AS UK THAWS
Edwin Unsworth |
Britain's insurers are bracing themselves for massive weather-related pay- outs following last week'
INSURANCE BRIEFS
Wire and Staff Reports |
Casey Names Foster To Pennsylvania PostHARRISBURG, Pa. - Constance B. Foster, a 40-year-old
NO OVERHAUL URGED IN NC BAR GROUP SAYS TORT LIABILITY SYSTEM IS FAIR
Paula L. Green |
The state's tort liability system is operating fairly and major revisions would not reduce insurance
MOOREMACK JUMPS SHIP CHAIRMAN TO BUY OCEAN CARGO OPERATIONS
Gregory S. Johnson |
In a deal that puts it out of the shipping industry after 74 years, Moore- McCormack Resources Inc.
Maritime
TEXAS EASTERN TO SELL UNITS
Journal of Commerce Staff |
Texas Eastern Corp. said it agreed to sell two of its petroleum services units, for an undisclosed p
ROTTERDAM STRIKE CONTINUES
Simon Cameron Moore |
Both unions and employers claimed they were ready for a long strike after the second day of a stoppa
Maritime
NORWEGIAN SHIP REGISTRY SHRINKS AGAIN
Journal of Commerce Special |
The Norwegian merchant shipping fleet shrank seriously during December 1986, when 622,448 deadweight
Maritime
NY PORT, CERES FAIL TO AGREE DETAILS PROVE OBSTACLE
Mark Magnier |
Ceres Terminals Inc. was close to an agreement with the Port Authority of New York and New Jersey to
Maritime
MEXICO PLEDGES OIL EXPORT CURB
WILLIAM A. ORME Jr. |
In a gesture of support for the Organization of Petroleum Exporting Countries, Mexico has pledged to
COASTAL, VALERO REACH AGREEMENT
Journal of Commerce Staff |
Coastal Corp. reached an agreement with Valero Transmission Co., ending a lawsuit filed by Coastal o
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