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TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSBusiness economists project moderate growth and higher inflation in 1987, with l
WELLS FARGO TO BUY UNIT FROM BOFA
JOC Staff |
Bank of America said Monday it had agreed to sell its consumer trust business to Wells Fargo Bank fo
USAIR BUYS LINE FOR $400 MILLION
Tim Neale |
The airline that's said repeatedly it is content to be a Northeast regional carrier announced it is
CONTAINERIZATION / INTERMODALISM
JOC Staff |
Top Stories New vessels set to enter major container routes are likely to worsen problems of
TUNG PLAN COULD GET NOD SOON
P.T. Bangsberg |
Court approval of the complex restructuring of the Tung shipping group is likely next week.
WORLD TODAY
From Wire and Staff Reports |
Bill Withdrawn PARIS - Premier Jacques Chirac withdrew the university bill that brought hund
BUSINESS BACKING VITAL TO US-CANADA TALKS
Rose A. Horowitz Journal of Commerce Staff (First of Two |
The Canadian and U.S. business communities must make a public display" of their support for a bilate
INSURANCE BRIEFS
From Wire and Staff Reports |
Insurance Took 2.9 percent Of '86 Wharton GradsThe Wharton School of the University of Penns
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Delors to Hold EC Post For Another 2 YearsJacques Delors, president of the commission of the
Maritime
YOUDE SUCCESSOR A CRUCIAL DECISION
P.T. Bangsberg |
The sudden death of Hong Kong's chief executive, Sir Edward Youde, while on a visit to Peking threw
Maritime
COCOA BUFFER STOCK DIPUTE LEAVES MART ON DEFENSIVE
Knight-Ridder Financial |
The International Cocoa Organization's failure to agree buffer stock rules for the 1986 Internationa
MARAD PAYS $2.9 MILLION
Journal of Commerce Staff |
The Maritime Administration paid off nearly $3 million more on vessel financing obligations it had u
Maritime
SHIPPING GROUP CONCLUDES TASK ACCORD REACHED ON MODEL RULES FOR MULTIMODAL CONTAINER TARIFFS
Felix Dearden |
World shipping experts have agreed on model rules for multimodal container tariffs that should slash
Maritime
LITTLE PROGRESS REPORTED AT COCOA AGREEMENT TALKS
(Ap) |
Five days of talks among officials from cocoa-producing and -consuming countries on the rules for bu
WORLD CEREAL PRODUCTION MAY REACH RECORD HIGH
(Ap) |
World cereal production is expected to hit a new high this year, causing a record surplus, while cer
ARGENTINA REDUCES ESTIMATE OF 1986-87 WHEAT OUTPUT
Knight-Ridder Financial |
The Argentine National Grain Board has cut its 1986-87 wheat production estimate to 9,002,800 metric
CME SEES NO CHANGE IN CASH SETTLEMENT POLICY
Jennifer Allen |
The Chicago Mercantile Exchange feeder cattle committee has concluded that no changes in the cash se
COMMODITY BRIEFS
From Wire and Staff Reports |
Thailand's Rice Exports Reported 6.36 percent HigherBANGKOK, Thailand - Thailand's Jan.-Nov.
MARITIME BRIEFS
From Wire and Staff Reports |
Marad Allows Sale Of Ship for ScrapThe Maritime Administration approved the sale of a 26-yea
Maritime
AGRICULTURE, MARITIME CONFRONT FAMILIAR ISSUE
Gloria Joseph |
The debate has raged for years - U.S.-flag carriers want a "fair share" of government-related cargo,
Maritime
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
ACL UNSCATHED BY DOLLAR DIP
Janet Porter |
The depreciation of the U.S. dollar against European currencies in recent months hasn't noticeably a
Maritime
CME PLANS NO CHANGES FOR LIVE CATTLE FUTURES
Knight-Ridder Financial |
The Chicago Mercantile Exchange live cattle subcommittee, which is reviewing the live cattle futures
SCI OFFERS AID FOR JOBLESS
Gregory S. Johnson |
Employees of United States Lines who suddenly found themselves jobless, can go to the Seaman's Churc
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSNovember jobs figures were somewhat stronger than expected, helping the fourth-q
WESTERN COAL FIRMS UPBEAT
Journal of Commerce Staff |
Optimism burns eternal in the breasts of Western coalmen, especially when exports are mentioned.
MARAD VOWS ACTION ON BARRIERS US-FLAG CARRIERS SEEN FACING DISCRIMINATION OVERSEAS
Bill Mongelluzzo |
The Maritime Administration is promising to do what's necessary to convince other nations they must
Maritime
NEXT CONGRESS SHIP ALLY? DEMOCRATIC MAJORITY LIKELY TO HELP US-FLAGS
Bill Mongelluzzo |
The maritime industry may find the Democratic-controlled 100th Congress that convenes next month mor
Maritime
DEBT-EQUITY SWAPS ADVOCATED FOR LDCS
William Armbruster |
Debt-equity swaps could relieve as much as 25 percent to 30 percent of developing countries' debt, s
Maritime
YOUDE SUCCESSOR: CRUCIAL DECISION
P.T. Bangsberg |
The sudden death of Hong Kong's chief executive, Sir Edward Youde, while on a visit to Peking threw
Maritime
MEETING FIRST STEP IN PROTECTING OZONE
(Ap) |
An international meeting on ways to protect the Earth's ozone layer ended Friday and delegates portr
PLASTICS CORNER
Journal of Commerce Staff |
Arco Chem ExpandsResin UnitsArco Chemical Co., a division of Atlantic Richfield Co.,
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Delors to Hold EC Post For Another 2 YearsJacques Delors, president of the commission of the
Maritime
MASSEY LABOR DISPUTE HEADED FOR HIGH COURT
(Ap) |
A labor dispute that spawned a violent, 15-month United Mine Workers strike against A.T. Massey Coal
GREAT LAKES CHEMICAL TO ACQUIRE PENTECH
Journal of Commerce Staff |
Emerson Kampen, president of Great Lakes Chemical Corp., announced the company has reached an agreem
HUNGARY REVISES PLANS FOR HYDROELECTRIC PROJECT
(Ap) |
The government, faced with sharp criticism from independent environmentalists, announced it was plan
WEST COAST BRIEFS
From Wire and Staff Reports |
Christmas Trees Ride Waves to HawaiiIn Hawaii, a popular Christmas card has Santa Claus in s
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Dow Raises Phenol Price 5 Cents Dow Chemical U.S.A. announced a list price increase of 5 cen
BRITISH COAL CITES AREAS WITH LOSSES
Edwin Unsworth |
Latest productivity figures from state-owned British Coal show that South Wales and Scotland are the
COAL LEASE RULES DRAW QUICK FIRE ABOUT 100 COMPANIES FACE LOSS OF FEDERAL LEASES
Tim Sansbury |
New rules the Interior Department published to clarify aspects of the coal leasing program could end
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