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TOURISTS, TEDIUM, TECHNICALITIES MARK TRIAL OF JOSEPH HAZELWOOD
Mark Magnier |
Day eight of the trial of Capt. Joseph Hazelwood dawns clear and sunny in the upper reaches of the N
ENERGY OUTLOOK
Dale Steffes |
CAN HORIZONTAL DRILLING be the answer to the United States' declining oil and gas production problem
ALLEN WASTLER'S INSIDE TALK ON SHIPPING
Allen Wastler |
THE WAR MAY CONTINUE, but one of the generals is bowing out. James R. McCarville, executive
Maritime
TORONTO GETS MAINTENANCE CENTER
Journal of Commerce Staff |
The Toronto Harbor Commission opened a new equipment maintenance center, the first new building in t
Maritime
INDUSTRIAL NATIONS TO EASE CONTROLS ON TECHNOLOGY SALES TO EAST BLOC
Barbara Casassus |
Industrialized nations have agreed to ease controls on some technology exports to some East European
Maritime
IMPROVED PACKING COULD BOOST EXPORTS
Craig Dunlap |
The customs broker was mystified. When a container loaded with 10,000 garage- door openers was unpac
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
EUROTUNNEL SHARES PLUNGE DUE TO DISPUTEThe troubled project to dig a rail tunnel under the E
MACK TRUCKS REPORTS LOSS IN FOURTH QUARTER
Journal of Commerce Staff |
Mack Trucks Inc. reported a loss of $79.5 million, or $2.67 a share,on sales of $370.8 million durin
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * JofC Industrial Price Index 6A* Commodity Researc
COST OF CREDIT
JOC Staff |
Fri., Feb. 16, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PRICING WAR, DISASTERS CUT INTO CIGNA PROFIT
Knight-Ridder Newspapers |
Cigna Corp.'s operating profit dropped about 8 percent last year because of price competition in the
FINANCIAL BRIEFS
Wire and Staff Reports |
POLAND INKS DEBT PACT WITH 17 COUNTRIESPoland has signed an agreement here to restructure it
AIR CARGO CARRIERS DISCUSS STRATEGY TO FIGHT TAX HIKE
Leo Abruzzese |
If aviation taxes are destined to rise, what can the air cargo industry get in return? That was a ke
US FIRM TO BUILD GRAIN SYSTEM FOR SOVIET UNION
Knight-Ridder Financial |
Chief Industries of Grand Island, Neb., has negotiated to build a $3 million grain handling system f
FREIGHT FUTURES
Barry Parker |
THE OCEAN FREIGHT FUTURES MARKET traded sideways last week, with prices for the February, March and
Maritime
SEATTLE WEIGHS SATELLITE NET INCREASED TRADE TIED TO TELEPORT
John Davies |
The Port of Seattle is considering building an international satellite network similar to one run by
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
JUDGE RULES AGAINST RETIREE TAX REFUNDSRICHMOND, Va. - A state judge has ruled that Virginia
IRAN TURNS TO CANADA
Tim Sansbury |
There's a new buyer in the international coal market but it isn't likely to mean new business for U.
FREIGHT RATE FUTURES
JOC Staff |
Feb. 16, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
US TEAM TO SCOUT E. EUROPE FOR TRADE
Richard Lawrence |
A high-level Bush administration team is to leave here today for a weeklong trip scouting East Euro
Maritime
MONEY AND MARKETS
Albert L. Kraus |
WALL STREET HELD A WAKE, but few came to mourn. The demise of Drexel Burnham Lambert, the investmen
JAPAN AIRLINES TAKES DELIVERY OF 1ST 747-400 PILOT DISPUTE NOT RESOLVED
John Davies |
Ground crews at Japan Airlines in Tokyo this week are going over the first of 20 new Boeing 747-400
US THREATENS SANCTIONS AGAINST EGYPT OVER PIRACY
(Ap) |
Barbary pirates once lurked along Egypt's coast to plunder Mediterranean shipping. Their modern-day
PEOPLE - UTILITIES
From Wire and Staff Reports |
CMS GENERATION CO. (Dearborn, Mich.) - Thomas W. Elward, 41, was named vice president of conversion
PHILIPPINE UNIONS SEE GAINS IN LABOR RIGHTS
From Wire Reports |
Trade union leaders said there has been an improvement in the labor and human-rights situation in th
FUEL TANK OWNERS SEEK COVER DEADLINE DELAY
TOM McNIFF Jr. |
The U.S. Environmental Protection Agency finds itself in a conundrum as its own deadlines for underg
INSURANCE EARNINGS
From Wire and Staff Reports |
RELIANCE GROUP POSTS PROFIT FOR 4TH QUARTERReliance Group Holdings Inc. reported fourth quar
HEALTH GROUPS HIT NY INSURERS' POLICY ON AIDS COVER
Alan Abrams |
New York health insurers may be sounding their own death knell by denying coverage to people who tes
SPOT PRODUCT PRICES
JOC Staff |
Feb. 16, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
ITC CALENDAR TRADE COMMISSION WILL RULE ON 3 PATENT CASES IN MARCH
Journal of Commerce Staff |
Rulings on three patent cases and a series of studies top the International Trade Commission's agend
Maritime
INDUSTRIAL OUTPUT FALLS IN JANUARY
Knight-Ridder Financial |
Falling output by auto factories and utilities pushed U.S. industrial production down a seasonally a
AVIATION BRIEFS
Wire and Staff Reports |
INDIAN AIRLINES' CHIEF QUITS IN WAKE OF CRASHNEW DELHI, India - The chairman of Indian Airli
FRENCH SLAM US YARD PLAN
Journal of Commerce Special |
The French shipbuilders association attacked a U.S. proposal to abolish shipbuilding subsidies that
Maritime
BILL GIVES BREAKS TO OTHER INDUSTRIES
John Maggs |
In trying to reconcile three versions of clean air legislation, Senate negotiators have inserted pro
ALLIED-SIGNAL CLAIMS JAPAN IS BLOCKING ALLOY IMPORTS
John Maggs |
Chemical giant Allied-Signal Inc. charges that Japan is trying to keep out imports of the company's
EC OFFICIAL HITS EXPORT PROPOSAL IN US FARM BILL
Knight-Ridder Financial |
The U.S. government's proposed 1990 farm bill sends the wrong signal to General Agreement on Tariffs
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPAN CAUTIOUS ON E. EUROPE INVESTMENT
Reuter |
While Japanese banks are eager gain a foothold in Eastern Europe, they don't want to risk too much i
INTERNATIONAL BRIEFS
Wire and Staff Reports |
44 PERCENT OF AMERICANS FEEL JAPAN INVESTMENT 'BAD'Nearly half of Americans see Japanese inv
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1576 (Feb. 16, 1990) Previous day - 1576 The Baltic International Freight Futures Market in
Maritime
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