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AVIATION BRIEFS
From Wire and Staff Reports |
Flying Tiger Line Cancels Cargo ContractFlying Tiger Line said it canceled its contract last
ENERGY BRIEFS
From Wire and Staff Reports |
Baker Opposes Fee On Oil ImportsJames Baker, U.S. treasury secretary, said he opposes a fee
HADSON ACQUIRES WESTERN NATURAL
Journal of Commerce Staff |
Hadson Corp. said its subsidiary, Hadson Gas Systems Inc., purchased 100 percent of the common stock
SEC, CFTC FARE WELL IN FISCAL '88 BUDGET
Knight-Ridder Financial |
Both the Securities and Exchange Commission and the Commodity Futures TradingCommission fare
DOLLAR RISES TEMPORARILY ON BUNDESBANK INTERVENTION
Knight-Ridder Financial |
The U.S. dollar moved higher Monday morning when the West German central bank en tered the market to
ENERGY BRIEFS
From Wire and Staff Reports |
Eastern Utilities Buys Citizens Heat & PowerEastern Utilities Associates said it completed t
TV REPORTER CLEARED OF LIBEL IN '20-20' SHOW
(Fort Lauderdale News & Sun-Sentinel) |
Splashy TV reporter Geraldo Rivera did not libel a Palm Beach Jai Alai executive by implying that he
SEAWAY TEAM TO TRAVEL TO EUROPE
Journal of Commerce Staff |
A delegation of U.S. and Canadian representatives will head for Europe next month to promote use of
Maritime
THAI BANKERS SEE INCREASED GROWTH
(Ap) |
Two bankers predicted that Thailand's economy will grow by at least 5 percent this year, slightly hi
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Environmentalists Hit Redwood Logging PlanSCOTIA, Calif. - A company's plan to double its pr
Maritime
DEFICIT TARGET COULD PROVE ELUSIVE 2 TRANSPORT PLANS HAVE CHANCE
David M. Cawthorne |
Only two surface transportation proposals in the president's new budget, involving highway funding a
ASIA FACES MIXED ECONOMIC PROSPECTS IN '87
P.T. Bangsberg |
The outlook for Asia's principal trading economies this year is brighter than 12 months ago, but muc
TOURISM BOOM FORECAST CARIBBEAN HAS HIGH HOPES FOR '87 SEASON
(Ap) |
Hotels, airlines and governments throughout the Caribbean are The ornate El San Juan Hotel reopened
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
India Voices Concern COLOMBO, Sri Lanka - India expressed concern Monday over economic sanct
Maritime
CANADIAN P/C INSURERS EXPERIENCE REBOUND
Leo Ryan |
Property and casualty firms in Canada more than doubled profit in the first nine months of 1986, con
HARPER GROUP, YS LINE FORM JOINT VENTURE
Journal of Commerce Staff |
Harper Group, a San Francisco-based transportation concern, and Yamashita- Shinn ihon Steamship Co.
JANUARY 'BAROMETER' STIRS DEBATE
JOC Staff |
For followers of stock market "indicators," one of the busiest times of the year is at hand.
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PENNWALT ACQUIRES AEROSOL COMPANY
Journal of Commerce Staff |
Pennwalt Corp. acquired Pharmasol Corp., a specialized aerosol developer and manufacturer in Easton,
FEW FIRE AT MILITARY PLAN
Ronald E. Yates |
A decision last week to scrap a decade-old, self-imposed ceiling on military spending has generated
Maritime
JAPANESE MINISTER ORDERS REVIEW OF RICE CONTROL LAW
(Ap) |
Japan's agriculture minister ordered a review of Japan's food control system aimed at lowering price
US COMMISSARIES TARGETED FOR DAIRY BOARD PROMOTION
(Ap) |
The National Dairy Board, which is financed by the nation's milk producers, says one of its 1987 pro
FINANCIAL BRIEFS
From Wire and Staff Reports |
Baker Says Fed Policy 'Is Quite Adequate'Treasury Secretary James Baker endorsed the Federal
FRENCH PORT WORKERS, SEAMEN CALL OFF STRIKE
Howard Schissel |
A strike by French seamen and port personnel in effect since mid-December was called off after the g
EC GRANTS $58 MILLION TO 12 COUNTRIES
(Ap) |
The European Community Commission has approved development grants totaling 53.3 million European Cur
Maritime
A LOOK AT AMTRAK'S RECORD, OPERATIONS
(Ap) |
Amtrak, the government-subsidized passenger railroad, began service in 1971 after several private ra
TRAFFIC BRIEFS
From Wire and Staff Reports |
ICC Blocks B&O Plan To Abondon TrackThe Interstate Commerce Commission blocked the Baltimore
ATLANTIC RICHFIELD TO PAY $6 MILLION TO NEW YORK
Journal of Commerce Staff |
Atlantic Richfield Corp. will pay New York state $6 million as a partial settlement for the environm
INGERSOLL-RAND, DRESSER FORM JOINT VENTURE
Journal of Commerce Staff |
Ingersoll-Rand Co. and Dresser Industries Inc. formed the Dresser-Rand Co., a 50-50 joint venture pr
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
PPG ACQUIRES MAZER CHEMICALS
(Ap) |
PPG Industries announced the acquisition of Mazer Chemicals Inc. of Gurnee, Ill., a manufacturer and
CHEMICAL MARKETS
Journal of Commerce Staff |
Demand For BenzeneStrengthensThe market for benzene continues on an upward trend as
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Reagan administration can expect help from Congress on the budget, like it
Maritime
WORLD TODAY
From Wire and Staff Reports |
US Pushes '87 Summit WASHINGTON - The White House renewed President Reagan's invitation to S
DEFICIT TARGET COULD PROVE ELUSIVE MORE FUNDS ARE SOUGHT FOR CLEAN-COAL PROGRAM
Tim Sansbury |
President Reagan's new budget recommends spending $350 million more over five years for projects dem
CHEMICAL LEAK PLUGGED AFTER RESIDENTS FLEE
(Ap) |
A leak of a dangerous chemical from one of 27 derailed cars in a Conrail freight train was plugged a
P/C INSURERS TURNED A PROFIT LAST YEAR
Paula L. Green |
Significant premium increases last year helped the property and casualty insurance industry to produ
SOVIETS SECRETIVE IN PROBE OF STORES
(Ap) |
A hand-lettered sign on the door of the darkened store announces that the foreign-currency food shop
Maritime
SECOND STRIKE HITS SPANISH AIRLINE
(Ap) |
The second 24-hour strike in a week by ground crew of Spain's domestic airline Aviaco Monday forced
SOVIETS MAKE PITCH FOR SATELLITE LAUNCHES
(Ap) |
Premier Nikolai I. Ryzhkov, in a new effort to attract foreign customers for satellite launches, sai
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