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INSURANCE EARNINGS PROFITS JUMP 52 PERCENT AT MARSH & MCLENNAN
JOC Staff |
Marsh & McLennan Cos. Inc. reported third quarter profit jumped 52 percentfrom a year earlie
PLASTICS CORNER
JOC Staff |
Ultraform ExpandingOperationsUltraform Co., a joint venture of BASF Corp. and Deguss
ENERGY BRIEFS
From Wire and Staff Reports |
Cuba Plans to Build Third Nuclear ReactorCuban leader Fidel Castro announced that a third nu
LYKES SEEKING NEW LINER SERVICE
Journal of Commerce Staff |
Lykes Bros. Steamship Co. wants to operate a limited, non-subsidized liner service on a segment of i
Maritime
FUEL OIL FUTURES FIRM IN LONDON
Journal of Commerce Staff |
Heating oil futures prices remained firm in London Monday, on moderate trading. Traders said
MANILA COMMODITY FUTURES MARKET OPENS
Richard Gourlay |
A new commodity futures exchange opened in Manila Monday. Futures trading on the Manila Inte
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSBusiness leaders are less confident about economy, Conference Board says. Page 2
Maritime
S. AFRICA HELD GOOD PLACE FOR BUSINESS
(Ap) |
South Africa, despite its simmering racial problems, is one of the most congenial countries in the w
F.W. MYERS BUYS LIVINGSTON BUSINESS
Journal of Commerce Staff |
F.W. Myers and Co. purchased the customs brokerage and foreign freight forwarding business of Living
SENATE FAILS TO TAKE ACTION ON SUGAR PROVISION OF BILL
Knight-Ridder Financial |
The Senate failed before adjourning to expand refunds of duties on some raw cane sugar imported into
BUSINESS EXECUTIVES PESSIMISTIC ON ECONOMY
(Ap) |
A survey of business leaders indicates they are taking a pessimistic view of the strength of the U.S
KUWAIT HINTS AT GREATER HIKE
(Ap) |
Sheikh Ali Khalifa al-Sabah, Kuwaiti oil minister, said his country wants at least a 10 percent incr
LOCKHEED PACT REJECTED IN VOTE
Ray Alvareztorres |
Employees at Lockheed Missiles & Space Co. in Sunnyvale rejected a three-year contract proposal that
ENRON BOARD APPROVES STOCK PLAN
Journal of Commerce Staff |
Enron Corp. said its board approved the formation of a new employee stock ownership plan called "New
TRAFFIC BRIEFS
From Wire and Staff Reports |
Coal Groups Criticize ICC-Adopted StandardsCoal interests are quite upset about new railroad
EC TO INCREASE COOPERATION ON TERRORISM, DRUG TRAFFIC
Edwin Unsworth |
The 12 member countries of the European Community agreed Monday to cooperate more fully on implement
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Hyundai Motor Reports Auto Exports Up 171 percentSEOUL, South Korea - Spurred by strong sale
Maritime
AUTO CRASH TESTS MISLEADING
Jim Mateja |
According to federal government and insurance industry calculations, the vehicle you'd least want to
WORLD TODAY
From Wire and Staff Reports |
GM to Leave S. Africa DETROIT - General Motors Corp. will withdraw from South Africa and sel
INSURANCE BRIEFS
From Wire and Staff Reports |
NY Decision Stands In Social Security CaseThe Supreme Court Monday rejected a Reagan adminis
UK GRAIN HARVEST SET TO BE SECOND LARGEST ON RECORD
JOC Staff |
The U.K. grain harvest is set to be the second largest on record, with the provisional estimate at 2
ILA COUNTDOWN
JOC Staff |
Local contract negotiations between the New York Shipping Association and the International Longshor
ARCO INTRODUCES PC SOLVENT
Journal of Commerce Staff |
Commercial production of propylene carbonate, a high-boiling oxygenated solvent with low toxicity an
HAMPTON ROADS CARGO CONTINUES TO INCREASE
Carl Cahill |
General cargo handled at Hampton Roads terminals totaled 333,076 tons last month, a 16.6 percent inc
Maritime
TRANSPORT CONCERNS ACTED ON
David M. Cawthorne |
The 99th Congress dealt with quite a few major surface transportation issues - arduous and frustrati
US PLANS TALKS ON INSPECTIONS
Craig Dunlap |
The Reagan administration plans to launch bilateral negotiations with the 23 countries requiring con
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSBusiness leaders are less confident about economy, Conference Board says. Page 2
NO FLORIDA SAVINGS SEEN FROM TORT LAW REFORM
Leah R. Young |
There will be no insurance savings due to tort law reform in Florida, according to documents filed b
CHINA'S OUTPUT TOPS 2.57 MILLION B/D
(Ap) |
China's daily crude oil output is above 2.57 million barrels, the state-run Xinhua News Agency repor
JAPAN COULD POSE PROBLEM, TOO
Journal of Commerce Staff |
Department of Transportation approval is not the last hurdle for the winning bidder in the competit
WEST COAST BRIEFS
From Wire and Staff Reports |
Slow Economy May Cut Consumption of LumberPORTLAND, Ore. - A slowdown in the U.S. economy co
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Hyundai Motor Reports Auto Exports Up 171 percentSEOUL, South Korea - Spurred by strong sale
Maritime
JAPANESE GROWTH FORECAST AT 2.5 PERCENT
A.E. Cullison |
Sharp appreciation of the Japanese yen in comparison with the U.S. dollar will hold Japanese economi
Maritime
SAFETY TESTS OF NEW CARS SEEN USEFUL
Journal of Commerce Staff |
John Cook, public affairs director for the Insurance Institute for Highway Safety, says his organiza
QUAKER STATE OIL'S EARNINGS SET RECORD, SALES DECLINE
Journal of Commerce Staff |
Quaker State Oil Refining Corp. reported record third quarter earnings of $13.3 million, or 52 cents
MIXED CREDITS SEEN AS NEXT STEP IN US
P.T. Bangsberg |
The United States may be forced to change its view on combining export finance with aid, "to knock s
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Presidential Opposes People Express MergerPresidential Airways has filed additional comments
FOREIGN VISITS
From Wire and Staff Reports |
Soviet Leader to Japan TOKYO - A Foreign Ministry official said Japan expects the Soviet Uni
Maritime
AIRCRAFT DEAL BUOYS SINO-SOVIET TIES
Albert Axebank |
As part of its "open-door" policy, China will become the biggest buyer of Soviet aircraft in the new
INDONESIA: TRADE AND INVESTMENT SURVEY
JOC Staff |
Top Stories Indonesian pavilion, including a department store and offices of the National Ag
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