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DOLLAR DROP REVERSES UPTREND
Knight-Ridder Financial |
The U.S. dollar turned lower around midday Wednesday, reversing the uptrend in effect during the mor
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSSales of new single-family homes in the United States fell 9 percent in October.
THE ECONOMY
From Wire and Staff Reports |
New Home Sales Fell 9 percent in OctoberSales of new single-family homes in the United State
GM EMPLOYEES RETURN TO WORK
(Ap) |
Workers at five more General Motors Corp. assembly plants were back on the job Wednesday for the fir
LAVA HOT, CLAIMS ARE NOT
Alan Herbert |
Volcanic eruptions are among the most awesome sights nature can create. But since most peopl
DISTILLATE SUPPLIES DIP
Journal of Commerce Staff |
Supplies of distillate fuel declined while gasoline stocks rose, according to the American Petroleum
FRENCH MAIZE PRODUCERS HOPEFUL ON FEED GRAIN ROW
Knight-Ridder Financial |
French maize producers see hope in resolving the EC-U.S. feed grain dispute over Spanish accession t
PACCAR AND ROVER DISCUSS LEYLAND
Journal of Commerce Staff |
Talks between Paccar Inc. and Britain's state-owned Rover auto group lead ing to a possible takeover
PROGRAMS DON'T HELP US TRADE WITH MEXICO
(Ap) |
A federal study shows that trade between the United States and Mexico is not being significantly hel
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 3, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
RAIL EXTENSION APPROVED FOR LONDON COMPLEX
Journal of Commerce Staff |
A 1.5 billion ($2.1 billion) U.S.-led project to develop a major financial complex in East London l
Maritime
ICAHN SHOPPING FOR ANOTHER CARRIER TO GROUND RISING TWA COSTS
Kevin D. Thompson |
Trans World Airlines is shopping for another airline to keep TWA profitable, Carl Icahn, TWA chairma
UNIROYAL DISTRIBUTES ASSETS
Journal of Commerce Staff |
Uniroyal Inc. said that it has completed its previously announced plan of paying off debts and dist
ENERGY BRIEFS
From Wire and Staff Reports |
Va. College Wins Grant For Clean Coal ResearchERNDON, Va. - Virginia Polytechnic Institute a
ALASKA COMPETITION SET TO INTENSIFY
Bruce Johnson |
Overcapacity and rate competition in the Puget Sound-to-Alaska waterborne trade will intensify next
Maritime
JAPANESE HALT DUMPING OF CHIPS IN SOUTHEAST ASIA
(Ap) |
Japanese trade officials have assured their U.S. counterparts that Japan's semiconductor makers have
Maritime
DACCA WOOS INVESTORS POOR NATION TOUTS LOW LABOR COSTS
William Armbruster |
Bangladesh has not attracted much foreign investment in the past, but now the government is offering
Maritime
BCAL ORDER LAUNCHES PROGRAM FOR MD-11S
Edwin Unsworth |
British Caledonian Airways's $1 billion order for nine McDonnell Douglas MD- 11s puts the aircraft m
REBEL ATTACKS CLOSE SURINAME BAUXITE MINE
Canute James |
Attacks by anti-government rebels have led to the closing of an important bauxite mine in Suriname.<
Maritime
TRANSPORT CALENDAR
JOC Staff |
Air Cargo Association Meeting, Dec. 4, Viscount Hotel, John J. Martuge, area director for the U.S.
PROFIT-TAKING COOLS STOCK FEVER
RIPLEY WATSON Jr. |
The stock market paused to catch its collective breath Wednesday as profit- taking cooled down the s
BRAZILIANS SPLIT ON DEBT POLICY FOES SAY HARD-LINERS FIGHTING FROM A POSITION OF WEAKNESS
James Bruce |
Threats of a hard-line Brazilian stance toward international creditors rest on an eroding foundation
Maritime
GREECE LOOKS TO EC FOR FURTHER AID
Victor Walker |
In a move expected to ensure continuation of emergency European Community assistance, the Greek gove
Maritime
BAILEY TO HEAD NEW MBIA, RETAIN POLICY ROLE AT AETNA
C.A. Carpenter |
William O. Bailey, president of Aetna Life & Casualty Co., is giving up half his job at the nation's
IRAQ PUSHES QUOTA
Journal of Commerce Special |
Iraq's oil minister Qassim Taki Al-Oraibi said his country would push for an equal production quota
SCHERING-PLOUGH EXPECTS EARNINGS GROWTH
Journal of Commerce Staff |
Schering-Plough Corp. increased its earnings substantially this year and expects them to increase ag
CHANNEL EXECUTIVES GAIN CONTROL OF UNIT
(Ap) |
Executives of W.R. Grace & Co.'s Channel division say they acquired the unit in a $250 million lever
REPORT ON NEW ENGLAND POWER NEEDS HAILED, QUESTIONED
TOM McNIFF Jr. |
Attendees at a conference on New England's electric power needs walked away praising the amount of i
10 PETITION THE FMC FOR FORWARDER LICENSES
Journal of Commerce Staff |
Ten concerns filed applications to become licensed forwarders in the foreign trades. At the
Maritime
SHE'D CHOOSE TANKERS OVER SCHOOL BOARD
Robert Selwitz |
Bureaucratic thickets can have their benefits, Thelma Issman will tell you. For without the
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Bunge to Sell 7 Plants To Central SoyaBunge Corp. signed a letter of intent to sell seven of
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSSales of new single-family homes in the United States fell 9 percent in October.
Maritime
CP HOTELS EYES GROWTH
Journal of Commerce Special |
After a pause of 10 years, CP Hotels is again looking for growth overseas. This time there is a pla
Maritime
US-JAPAN CHIP UNION URGED
Gloria Joseph |
Join forces or flounder is the message being sent out loud and clear to Japanese and U.S. semiconduc
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Colorado Would Create Trade Office in JapanColorado hopes to establish a permanent trade off
Maritime
INSIDE TALK FROM ASIA
P.T. Bangsberg |
NORTH COMES SOUTH: Canada is bidding to raise its profile in Singapore with a trade and investment c
Maritime
INSIDE TALK ON ENERGY
Sam Glasser |
EVER NOTICE HOW DIFFERENT PEOPLE sometimes come up with the same conclusions? Shortly after
TRADE FAIRS
From Wire and Staff Reports |
Computer Design Focus Of NY ExpositionsIMEX '86, the Integrated Manufacturing Exposition, an
Maritime
FARM INCOME, EXPORTS SEEN RISING
(Ap) |
Next year should bring some improvements in farm income and agricultural exports, and consumers will
CORPORATIONS SCORE ON 'DIVIDEND PLAYS'
Gordon Platt |
Corporate treasurers and financial institutions are "capturing" six or more quarterly dividends in t
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