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JUDGE RULES IN FAVOR OF SWISS UNIT OF J&J
(Ap) |
The Swiss subsidiary of the U.S. consumer products giant Johnson & Johnson said a judge has forbidde
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Illinois Tool Works, Nifco Set VentureIllinois Tool Works Inc. said it signed a joint ventur
Maritime
TRADE FAIRS
From Wire and Staff Reports |
Indian Seafood Fair ScheduledMADRAS, India - The Indian Seafood Trade Fair will be held at t
Maritime
SMALL MEXICAN TOWN BIG ON MAKING FURNITURE
(Ap) |
Some 400 furniture artisans in Concordia, Mexico, are busy producing hand- crafted furniture for U.S
Maritime
TAIWAN REMOVES BAD-CHECK PENALTY
Kim Tzou |
It's no longer a crime in Taiwan to write a bad check. While many businessmen fear the chang
Maritime
ANOTHER HONDA PLANT EXPECTED IN OHIO
(Ap) |
Honda officials are expected to announce today in Tokyo and Columbus, Ohio, that the automaker will
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWSBudget Director James Miller sought to keep the Reagan administration's fiscal p
Maritime
CUBAN AUSTERITY NO SAVIOR ENVOYS SAY MOVE WON'T COUNTER ECONOMIC WOES
Canute James |
New austerity measures being implemented by Cuba will have only a marginal impact on the country's d
Maritime
NORWEGIAN CASE SET FOR COURT
Journal of Commerce Special |
The criminal case against Norwegian shipowner John Fredriksen and five employees of his company, Mar
Maritime
EX-SENATOR TO HEAD SHIP UNIT
Robert F. Morison |
Jeremiah Denton has been named chairman of the Commission on the Merchant Marine and Defense, a post
Maritime
INSIDETALK
JOC Staff |
GOOD NEIGHBORS: The Canaveral Port Authority received a $2.5 million contractfrom the U.S. N
Maritime
AUSTRALIA PROMOTES FLEETS GOVERNMENT GRANT ENCOURAGES SHIP PURCHASES
Vincent W. Stove |
The Australian government has taken a positive step to further the "Aussie ships for Aussie cargoes"
Maritime
SIX NEW MEMBERS SIT ON PANEL
Robert F. Morison |
The Senate Commerce Committee officially gained six new members as the 100th Congress continued the
Maritime
REAGAN APPROPRIATES FUNDS FOR PROJECT AT GRAYS HARBOR
Gloria Joseph |
Port of Grays Harbor officials are breathing easier now that the president's fiscal 1988 budget incl
Maritime
GREEK-FLAG SHIP CREW STRIKES OVER PAY, SAFETY
Journal of Commerce Special |
Most of the crew of a freighter registered in Greece went on strike for payment of back wages and co
Maritime
CHICAGO SEES CARGO RISE 13 PERCENT
Journal of Commerce Staff |
The port of Chicago said it had more cargo than expected in the first 11 months of 1986, resulting i
Maritime
US, EC SCHEDULE MEETING TO DISCUSS GRAIN DISPUTE
Knight-Ridder Financial |
A high-level meeting of U.S. and EC officials is set for Jan. 23-24 here in an attempt to solve a di
FMC BAR URGED AGAINST INDIVIDUAL STAFF COUNSEL RECOMMENDS PRECEDENT-SETTING ORDER
Robert F. Morison |
A Federal Maritime Commission staff counsel believes the agency has the authority to issue a cease-a
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Volume Rises 12 percent On Winnipeg ExchangeWINNIPEG, Manatoba - A total of 1,995,185 contra
COFFEE TALKS COULD LEAD TO NEW EXPORT QUOTAS
(Ap) |
Officials from Brazil, Colombia and six other leading coffee-producing countries are to meet in Lond
FOOD COUNCIL CHIEF URGES BALANCED WORLD MARKET
(Ap) |
The chairman of the World Food Council Tuesday called for an agreement among major food producers on
S. KOREA BUYS CORN
Knight-Ridder Financial |
The South Korean Corn Processors Industry Association purchased 55,000 metric tons of U.S. No. 2, 15
USL, GENIX INK PACT ON COMPUTER SERVICE
Gregory S. Johnson |
United States Lines Inc. says it hopes to save approximately $333,000 a year by using an outside com
Maritime
OUTPUT OF DAIRY PRODUCTS DROPS BELOW '85 LEVELS
(Ap) |
Production of manufactured dairy products such as butter and cheese continues to drop below year-ear
US LEGISLATION COULD HELP PHASE OUT FARM SUBSIDIES
Dallas Morning News |
Agriculture subsidies worldwide stand "a good chance" of being phased outbecause of U.S. leg
MARITIME BRIEFS
From Wire and Staff Reports |
Japanese Oil Tanker Hit in Persian GulfTOKYO A Japanese oil tanker traveling in the Persi
Maritime
BIAGGI REITERATES INNOCENCE
Robert F. Morison |
Rep. Mario Biaggi, a Democratic congressman from New York, flatly denied any wrongdoing related to p
Maritime
PRIVATIZATION PROVES BOON TO GOTHENBURG
TOM McNIFF Jr. |
The privatization of the port of Gothenburg a year ago has spurred the private development of a $6.
Maritime
MASS. TORT REFORM SEEN AS GOOD START
TOM McNIFF Jr. |
Massachusetts property/casualty insurers say insurance and tort reforms proposed by a governor's stu
WALL STREET INVESTS IN NY EXCHANGE
C.A. Carpenter |
Wall Street has made its first major investment in the New York Insurance Exchange. And in a
MARSH & MCLENNAN BUYS SPECIALIZED BROKER
Journal of Commerce Staff |
Marsh & McLennan Inc. acquired a New York-based insurance brokerage firm that specializes in providi
INSURANCE BRIEFS
From Wire and Staff Reports |
India: Carbide Knew Of Gas Leak PotentialBHOPAL, India - The government charged Wednesday th
FINAL PAYMENTS TO CHARITY IN HYATT SETTLEMENT COMPLETE
(Ap) |
The payment of more than $7.6 million to 10 local charities has been completed by two defendants as
BOSTON HOSPITAL TO TEST TEMPORARY HEART PUMP
(Ap) |
A pump designed to circulate the blood of heart attack victims temporarily while their own damaged o
LAWSUIT FILING PROCESS BEGINS
Journal of Commerce Staff |
The first lawsuits stemming from Sunday's fatal Amtrak-Conrail crash were filed Tuesday. And
TRAIN CRASH AFTEREFFECTS ACCIDENT HAS WIDE INSURANCE IMPLICATIONS
James Nolan |
Federal investigators will establish blame quickly in the Amtrak/Conrail train crash near Baltimore
UPJOHN UNIT PLANS VENTURE IN SPAIN
Journal of Commerce Staff |
The Upjohn Co. announced a letter of intent has been signed between the Asgrow Seed Co., a wholly ow
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Wednesday, January 7, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
BANKS INTERVENE AGAINST D-MARK
Knight-Ridder Financial |
The U.S. dollar rose against most foreign currencies except the yen Wednesday on massive central ban
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