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EARNINGS CRUM & FORSTER SWEETENS XEROX'S PROFITS
JOC Staff |
Xerox Corp. said a $51 million charge to boost loss reserves in a discontinued insurance operation l
NY COMMISSION OKS COST-PLUS CONTRACTS
(Ap) |
State regulators gave Niagara Mohawk Power Corp. permission to award cost- plus contracts on its own
UNION CARBIDE POSTS NET LOSS
Journal of Commerce Staff |
Union Carbide Corp. reported worse results for the fourth quarter with a $495 million net loss compa
AIRLINE SCHEDULING HIT TRAVEL DELAY PROBLEMS ADDRESSED
Tim Neale |
The Reagan administration pins the blame for air travel delays on unrealistic airline scheduling pra
CONRAIL DEAL OPENS THE DOOR
Tom Belden |
To six small investment-banking firms, the Conrail public stock offering will not be just another pr
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Jan. 17, 1987, total piggyback freight hauled on the nation's major railroads equ
VENEZUELA LOOKS FOR NEW MONEY
(Ap) |
Venezuela may be willing to start payments of debt principal this year if it can get new money from
Maritime
GORBACHEV DEMANDS BIG DOMESTIC CHANGES
Albert Axebank |
Mikhail Gorbachev's campaign to revitalize the Soviet system entered a new phase this week with his
STRONG APC PROFITS SURPRISE ANALYSTS
John Davies |
Strong profits during the last quarter of 1986 pushed results for American President Cos. higher tha
Maritime
JAPAN TOLD: IMPORT MORE US OFFICIAL SAYS NATION FACES POSSIBLE RECESSION
(Ap) |
A U.S. official said Japan faces unfavorable monetary exchange rates, falling exports and possible r
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA Removes Controls On Chilean Meat ImportsThe USDA has recognized Chile as free of foot-a
COST OF CREDIT THURS., JAN. 29, 1987 (PERCENTAGES PER YEAR)
JOC Staff |
INTERNATIONAL INTEREST RATES Canada U.K. Germany Holland SwitzerlandDa
US, EC CONCEDE ON TRADE SOME EUROPEANS DISAPPOINTED WITH PARTICULARS
Janet Porter |
The farm trade dispute between the United States and the European Community that threatened to escal
INSURANCE BRIEFS
From Wire and Staff Reports |
US Hospitals Facing Shortage of NursesThe vacancy rate for registered nurses in U.S. hospita
CONSOLIDATED RAIL INCOME DECLINES
JOC Staff |
Consolidated Rail Corp. reported net income of $84 million, or $2.97 a share, down from $98 million,
IEA DIRECTOR SAYS PRICES UNPREDICTABLE
Knight-Ridder Financial |
It will be difficult to predict price moves of crude oil for the next several months, said Helga Ste
SHARP CUTBACKS URGED IN SUGAR PRICE SUPPORTS
Journal of Commerce Staff |
The Reagan administration will ask Congress to cut sharply the domestic sugar industry's price suppo
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
THE REPUBLICAN PRESIDENT AND THE DEMOCRATIC SPEAKER of the House worried about children and grandchi
TRAFFIC BRIEFS
From Wire and Staff Reports |
Pretax Charge to Result In Loss for Soo LineJoining the list of other railroads that chose t
LIRR SETS REFUND POLICY
(Ap) |
Ticket refunds for passengers affected by the Long Island Rail Road strike were announced by the rai
FOREIGN VISITS
From Wire and Staff Reports |
Shultz to Visit Japan TOKYO - George Shultz, U.S. secretary of state, will visit Japan March
Maritime
FMC CHIEF HINTS AT TOUGH STANCE US SEEN READY TO PROTECT INTERESTS OF FLAG CARRIERS
Michael Lelyveld |
The United States is prepared to take strong action to protect the interests of U.S.-flag carriers,
Maritime
ON THE MOVE
JOC Staff |
MARITIME AMERICAN PRESIDENT LINES (Oakland) - William J. Kraft was appointed marketing repre
PITTSTON CO. TRIPLES NET INCOME
Journal of Commerce Staff |
Pittston Co. reported fourth quarter net income of $3 million, or 8 cents a share, up from $1 millio
CHEMICAL MARKETS
Journal of Commerce Staff |
Cupric Chloride Demand Up,Market StrongA strong wave of demand for cupric chloride i
GREENE ADAPTS TO MEET SHIPPERS' NEEDS
Andrea Chancellor |
Export shippers are asking for more documentation on their cargo movements and one freight forwarder
WEST COAST BRIEFS
From Wire and Staff Reports |
San Francisco Fed Chief Issues Inflation WarningThe president of the Federal Reserve Bank of
Maritime
CHIP MAKERS TOLD TO FIND NICHE
Christopher H. Schmitt |
U.S. computer chip makers can survive and prosper against powerful Japanese competition if they care
Maritime
INSURANCE EARNINGS
JOC Staff |
Hartford Steam Increases IncomeHARTFORD, Conn. - The Hartford Steam Boiler Inspection and In
BEST RATING BIAS HIT SMALL MUTUAL INSURERS URGE LEGISLATION
Journal of Commerce Special |
The New York Cooperative Insurance Association is urging New York lawmakers to pass legislation proh
BILL ORDERS LIRR BACK TO WORK
Journal of Commerce Staff |
Thousands of commuters, inconvenienced by a strike that shut down the nation's biggest commuter rail
DUTCH RATE PROBE IN LIMBO EFFORTS TO PROVE SOVIET DUMPING HELD UP IN COURT
Simon Cameron Moore |
Dutch attempts to match other Western European governments' efforts to investigate alleged unfair co
Maritime
A LOOK AT MOVING FREIGHT TRANSPORT EXECUTIVES EXPECT NO CHANGE IN '87
Lawrence Kaufman |
The business of moving freight isn't likely to change in 1987 or anytime soon, said senior executive
1986 RAIL TRAFFIC GENERALLY FLAT
Lawrence Kaufman |
Railroad traffic was generally flat in 1986, but several major carriers recorded significant gains a
SECURITY CONCERNS
JOC Staff |
One of the chief government concerns regarding the loss of U.S. competitiveness in the semiconductor
AFRICAN PRODUCERS END 1ST MEETING
(Ap) |
The African Petroleum Producers Association has ended its first meeting with five of its eight membe
CHIP MAKERS TOLD TO FIND NICHE
Christopher H. Schmitt |
U.S. computer chip makers can survive and prosper against powerful Japanese competition if they care
Maritime
SUPPLIES OF KEY PRODUCTS FOLLOW SEASONAL TRENDS
Journal of Commerce Staff |
Supplies of key petroleum products followed normal seasonal trends, with gasoline inventories increa
FOREIGN VISITS
From Wire and Staff Reports |
Washington-Bound BRUSSELS, Belgium - Belgian Foreign Minister Leo Tindemans will travel to W
Maritime
BOEING CHANGES 737 JET COMPANY OFFERS 100-SEAT VERSION
Gloria Joseph |
The Boeing Co. is offering up a 100-seat version of its 737 jet instead of making its new-technology
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