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FOREST COMPLETES FINANCING DEAL
Journal of Commerce Staff |
Forest Laboratories Inc., an international pharmaceutical manufacturer and marketer, announced it co
UNION BACKS SHIPYARD DEAL IN CANADA
Leo Ryan |
A union representing shipyard workers in the province of Quebec has approved a proposed major takeov
Maritime
TWO MAINFRAMES UNVEILED BY DEC
(Ap) |
Digital Equipment Corp. invaded International Business Machines Corp.'s most secure and profitable t
WORLD TODAY
From Wire and Staff Reports |
Here's to Intermodalism WASHINGTON - States may not regulate shipping rates within their bor
CLAIMS FLOW IN AS UK THAWS
Edwin Unsworth |
Britain's insurers are bracing themselves for massive weather-related pay- outs following last week'
NORWEGIAN SHIP REGISTRY SHRINKS AGAIN
Journal of Commerce Special |
The Norwegian merchant shipping fleet shrank seriously during December 1986, when 622,448 deadweight
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Indonesia, Iran to Sign Countertrade PactJAKARTA, Indonesia - Indonesia will import Iranian
VIRGINIA GOVERNOR UNVEILS NEW PLAN TO EXPAND TRADE
Carl Cahill |
The governor of Virginia unveiled a plan to increase the state's role in world trade. "We mu
Maritime
JAPAN FORCES COAL PRICE CUTS
Brian Lewis |
The Japanese have forced British Columbia's major southeastern metallurgical coal producer, Vancouve
HOW LONG CAN INTERVENTION LAST?
Gordon Platt |
The conventional wisdom is that foreign exchange intervention doesn't work to alter basic currency m
BID TO DELAY MEDICARE RULES IS REJECTED
(Ap) |
A federal judge rejected a bid by the American Medical Association and other groups to delay new rul
WORTH PURCHASES CHARLOTTE FACILITY
Journal of Commerce Staff |
Worth Chemical Corp. announced the purchase of a modern facility on Fruehauf Drive, just west of I-
CHEMICAL MARKETS
Journal of Commerce Staff |
Danochemo Hikes Vitamin A PricesDanochemo USA Inc. is increasing its prices for vitamin A pr
JAPANESE HOPEFUL FOR US PACT
A.E. Cullison |
Japanese Finance Minister Kiichi Miyazawa said it may be possible to reach an agreement with the Uni
COMMODITY BRIEFS
From Wire and Staff Reports |
Tin Producers Meeting To Fix Export QuotasKUALA LUMPUR, Malaysia - Members of the Associatio
US-JAPAN TRADE IMBALANCE DEBATED
(Ap) |
California Gov. George Deukmejian told Japanese businessmen Tuesday they must act quickly to avoid a
Maritime
CONGRESS URGED TO SHAPE BUDGET IDEAS
John Boyd |
The president's budget chief believes Democrats must come up with their own budget plans before Pres
LABOR CHIEFS URGE STIFFER TRADE BILL
Helen Ericson |
Pressure for a new trade bill is building as labor leaders repeated their calls for Congress to toug
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
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
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
COASTAL, VALERO REACH AGREEMENT
Journal of Commerce Staff |
Coastal Corp. reached an agreement with Valero Transmission Co., ending a lawsuit filed by Coastal o
PA. TOWN BLAMES DRILLING FOR FOULED WELL WATER
(Ap) |
In this pastoral village near the birthplace of the oil industry residents are angry about what's co
JAPAN LINE SHIFTS SOUTH ON WEST COAST
John Davies |
Japan Line is moving its West Coast ships from the Pacific Northwest to California. The Toky
Maritime
DAYLIGHT-SAVING TIME PLAN STIRS OPPOSITION IN ISRAEL
Journal of Commerce Special |
The fight has already begun over introducing daylight-saving time this summer. Energy Minist
BRAZIL SEEKS ANTI-INFLATION PLAN
James Bruce |
The Brazilian government, its economic policies in shreds, began talks with business and labor leade
Maritime
USDA, JAMAICA SIGN PACT
Knight-Ridder Financial |
The U.S. Department of Agriculture announced it signed an agreement with the government of Jamaica u
TEN STATES GET BULK OF FEDERAL FARM PAYMENTS
(Ap) |
Ten states, mostly large grain and cotton producers, accounted for more than 63 percent of the $7.7
CHINESE COTTON EXPORTS EXPECTED TO REMAIN HIGH
Knight-Ridder Financial |
The Chinese 1986 cotton crop is smaller than expected and will cause a drop in China's 1986-87 (Sept
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe president's budget chief indicated the administration is willing to deal, on
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
EMERY BUYS SCANNING UNITS
Kevin D. Thompson |
Emery Air Freight said it's upgrading and revamping its package tracking system with the addition of
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
PRICES FIRM ON PETROLEUM CASH MART
Knight-Ridder Financial |
Cash petroleum prices firmed Tuesday following declines from Monday and last week, as trading activi
UK PRODUCTION ROSE .2 PERCENT IN MONTH
(Ap) |
The United Kingdom's industrial production in November rose by 0.2 percentfrom October, comp
SOVIET ICE-BREAKING FREIGHTER OFFERS ALL CREATURE COMFORTS
Journal of Commerce Special |
The crew on this cargo ship swims, plays basketball and watches Moscow television among ice fields w
COST OF CREDIT
JOC Staff |
Tuesday, January 20, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ENERGY BRIEFS
Wire and Staff Reports |
Cuomo Proposes Funds For NY Energy PlanALBANY, N.Y. - New York Gov. Mario Cuomo has proposed
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