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MISSION REINSURERS SUED CALIF. SEEKS TO RECOVER $1.2 BILLION IN UNPAID CLAIMS
James Nolan |
The California Insurance Department is suing 144 insurance companies to recover $1.2 billion in unpa
HONG KONG SEES EXPORTS THRIVING
P.T. Bangsberg |
Economic growth this year should be significantly better" than the original estimate of 5.6 percent,
Maritime
ORGANIZERS OF TENT FOR HOMELESS GET MONEY, BUT NO INSURANCE POLICY
JOC Staff |
A Christmastime tent city for the homeless never got off the ground Mondaybecause it lacked
AIDS: A DILEMMA FOR EMPLOYERS
Ray Alvareztorres |
At a time when the rising cost of employee benefits already accounts for more than 10 percent of bus
JUDGE TO RULE ON BALDWIN SETTLEMENT
(Ap) |
A federal judge is expected to rule this week on a proposed settlement in which about 28,000 investo
CANCER PATIENT GETS $3.3 MILLION IN SUIT
(Ap) |
A Superior Court jury decided 11-1 to award a former Navy ship repairman $3.3 million in a claim tha
RALLY HOPES DIM ON TAX SELLING
RIPLEY WATSON Jr. |
Hopes for a traditional year-end rally by the stock market dimmed Tuesday as apathy among buyers and
DOLLAR DRIFTS LOWER AGAIN IN EXTREMELY THIN TRADING
Knight-Ridder Financial |
The U.S. dollar drifted lower again Tuesday on what was seen as a combination of fundamental and tac
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COAL MARKETS FLA. UTILITIES ENTER MARKET
Tim Sansbury |
Southern Company Services Inc., the coal buying agent for a group of southeastern utilities, abruptl
FINANCIAL BRIEFS
From Wire and Staff Reports |
Knight-Ridder Files $200 Million Debt SaleKnight-Ridder Inc. filed with the Securities and E
COST OF CREDIT
JOC Staff |
Tuesday, Dec. 23, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MASSACHUSETTS PLANS CHALLENGE STATE WILL GO TO FEDERAL COURT IF SEABROOK GETS TEST PERMIT
TOM McNIFF Jr. |
The state of Massachusetts will challenge in federal court if the Nuclear Regulatory Commission issu
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
PLASTICS CORNER ATLAC PURCHASE EXPANDS KOPPERS' RESIN LINE
Journal of Commerce Staff |
Koppers Inc. purchased the Atlac specialty thermoset resins business of ICI Americas Inc. for an und
NEWS SUMMARY
JOC Staff |
GENERAL NEWSExperts see economy's growth rate rising and falling in the space of a few month
WORLD TODAY
From Wire and Staff Reports |
Top Gandhi Aide Quits NEW DELHI, India - Gopalswamy Parthasarathi, the top foreign policy ad
INSURERS SEEK TO INCREASE VISIBILITY
Leah R. Young |
Political realities are forcing the insurance industry to seek more visibility in Washington.
MEXICO SETS 23 PERCENT PAY HIKE
WILLIAM A. ORME Jr. |
Mexico's minimum wage will rise 23 percent Jan. 1, far below the 71 percent hike de manded by the go
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Honeywell Signs Pact For Indian VentureHoneywell Inc. said it signed an agreement with the T
Maritime
OPEC MUST HOLD TO GOALS
Sam Glasser |
The Organization of Petroleum Exporting Countries will be walking a thin line during the first quart
2 CONFERENCES ON WEST COAST TO HIKE RATES
John Davies |
Two conferences that cover cargo moving from the U.S. West Coast to Europe plan to raise their rates
CANAL TRANSIT RULES ALTERED SLIGHTLY
Journal of Commerce Staff |
The Panama Canal Commission altered slightly its provisions allowing vessels to schedule transits in
Maritime
PORT OF HAMBURG IN BATTLE TO HOLD ON TO TRADE MARKETS
Bruce Barnard |
The port of Hamburg is fighting a desperate battle to stop its foreign rivalsfrom grabbing a
ECONOMIC ROLLER-COASTER IS FORECAST
John Boyd |
If the experts are right, the U.S. economy could be in for a roller-coaster ride over the next few m
USL DELIVERS CARGO IN FAR EAST NY COURT DENIES SPECIAL PROTECTION FOR FLEXI-VAN BOXES
Gregory S. Johnson |
United States Lines Inc. said it began delivery of cargo held aboard four of its giant container ves
Maritime
FAMILY-RUN FIRMS IN ASIA STRUGGLING
P.T. Bangsberg |
Unprecedented winds of change are buffeting Chinese family-run businesses in East and Southeast Asia
NZ AUTHORIZES AID FOR LINE
Mark Magnier |
The government of New Zealand has authorized a NZ$120 million (US$66 million) capital injection for
Maritime
TAX LAW CHANGES WON'T HIT NVOS
JOC Staff |
Non-vessel-operating common carriers and independent, non-conference lines will not be affected by l
Maritime
GM STEERS CARS TO TACOMA
Gloria Joseph |
General Motors Corp. has announced it will send 40,000 of its new South Korean auto imports through
Maritime
SPECIAL CRUISES OFFER BREATH OF FRESH AIR
(Ap) |
A relaxing cruise and soothing sea air can provide the ideal vacation for people with chronic lung a
Maritime
AGENTS RAID NORTHROP PLANT
(Ap) |
The FBI said federal agents raided the Warner Robins plant of the Northrop Corp., looking for eviden
Maritime
MARAD APPROVES SALE OF VESSEL
JOC Staff |
The Maritime Administration approved the sale abroad of the 5,760-gross-ton drilling vessel E.A. Wil
Maritime
USDA: HOG PRICE INCREASE NOT ENOUGH FOR EXPANSION
JOC Staff |
This year's upturn in prices has helped many hog producers, but has not encouraged them enough to tr
GM STEERS CARS THROUGH TACOMA
Gloria Joseph |
General Motors Corp. has announced it will send 40,000 of its new Korean auto imports through the po
Maritime
JAPAN THREATENS CANADA'S SUB STATUS
Mark Wilson |
Canada's lead in building unmanned submersibles may be lost to Japan unless the Canadian government
Maritime
CANADA PORTS CORP. TO COME UNDER SCRUTINY
Journal of Commerce Special |
The possibility of granting more power at the local level to the port of Vancouver will be one of t
Maritime
CP RAIL TO OFFER IMPROVED SERVICE
Journal of Commerce Special |
CP Rail is seeking to offer improved service for containers moving through Vancouver to the U.S. Mid
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Fisher Camuto Signs European Shoe DealFisher Camuto Corp., U.S. distributors of women's foot
Maritime
PUC TO ALLOW NH UTILITY TO SHUT OFF CUSTOMERS' POWER
Journal of Commerce Special |
The New Hampshire Public Utilities Commission will allow a Bedford-based utility to shut off power t
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