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NEWS SUMMARY
JOC Staff |
* Richard H. Abbey - Abuse of Prior Disclosure 8A * Tom Connors - Time to Pay the Piper 8A*
THE ECONOMY
From Wire Reports |
FACTORY ORDERS ROSE 0.3 PERCENT DURING NOVEMBERNew orders to U.S. factories for manufactured
JAPANESE TRADERS GET GNP LEAKS
Atsushi Yuzawa |
By the time Japan's gross national product for the July-September period was officially released at
COST OF CREDIT
JOC Staff |
Wed., Jan. 4, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year1/4 1/3 Chan
TEXACO, SAUDI COMPANY START UP JOINT VENTURE
(Ap) |
Texaco Inc. and the Saudi Arabian Oil Co. said they had begun their previously disclosed joint ventu
DEVELOPER FROM HONG KONG ASSUAGES CANADIAN FEARS
(Reuter) |
The son of Hong Kong magnate Li Ka-shing moved personally on Tuesday to allay the fears of Canadian
Maritime
NATURAL GAS SPOT PRICES FLAT, CLEARINGHOUSE SAYS
Journal of Commerce Staff |
Natural Gas Clearinghouse Inc. Wednesday released its survey of domestic natural gas spot market pri
TOYOTA FINDS THE NAME IS THE GAME
(Ap) |
Toyota Motor Corp. says it will go ahead with the introduction of a new line of luxury cars despite
Maritime
BORDEN UNVEILS ANTI-TAKEOVER PLAN
Knight-Ridder Financial |
Borden Inc. Wednesday revealed an unusual plan to deter a takeover at less than what it considered f
VIETNAMESE COMPANY PLANS SHIP SERVICE TO TAIWAN
(Ap) |
A Vietnamese company plans to begin a shipping service to Taiwan, an example of crumbling trade barr
Maritime
ABERNATHY WINS BIG IN LEAVING
Journal of Commerce Staff |
Walter Abernathy, who resigned as executive director of the Port of Oakland, was smiling at the end
Maritime
PACT WITH 28 INSURERS FREES $56 MILLION IN ILL.
Chicago Tribune |
An agreement between the state and 28 insurance companies headquartered outside Illinois, freeing up
SPOTLIGHT ON BUSINESS
A Staff Report |
Biehler Sales, Hutchinson, Kan., is the lead contractor for a 60,000-ton grain import terminal to be
COMMERCE APPROVES INDIANA TRADE ZONE
Lori Caldwell |
The U.S. Department of Commerce has approved a foreign trade zone for the Port of Indiana/Burns Inte
SCOTTISH FOOD PRODUCERS ON HIGH ROAD
Edwin Unsworth |
To many people, the chilly, wind-swept highlands of Scotland do not appear to offer an abundance of
INTERNATIONAL BRIEFS
Wire and Staff Reports |
2 US TRADE OFFICIALS TO JOIN LAW FIRMDeputy U.S. Trade Representative Alan Holmer, currently
Maritime
HYUNDAI INTERESTED IN SIBERIAN VENTURE
(Ap) |
The giant Hyundai Group of South Korea wants to take part in the development of Siberia and other jo
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
COAL PRICE HIKE MEETS OPPOSITION IN INDIANEW DELHI, India - The Indian government raised the
PEOPLE - ENERGY
From Wire and Staff Reports |
Transworld Names Pinon President HOUSTON - Jorge R. Pinon was named president and chief exec
EPA PROPOSES BANNING THE DISPOSAL OF 72 HAZARDOUS WASTES ON LAND
John Maggs |
The Environmental Protection Agency proposed banning land disposal of 72 hazardous wastes, most of t
THE INS AND OUTS OF NAMING HUERTA AS PORT DIRECTOR
Mark Magnier |
A great deal of suspense and shifting behind the scenes accompanied the eventual naming of Michael P
Maritime
ECONOMIC DATA ABROAD
From Wire Reports |
MORE WEST GERMANS JOBLESS IN DECEMBERFRANKFURT, West Germany - West German unemployment rose
ELECTRONICS BRIEFS
From Wire and Staff Reports |
UNITED TELECOM, GTE COMPLETE SPRINT DEALKANSAS CITY, Mo. - United Telecommunications Inc. an
DEFENSE: HACKER CASE EXAGGERATED
(Ap) |
A computer hacker charged with infiltrating systems in the United States and England, was declared a
TOKYO STOCKS SET RECORD
(Reuter) |
Bullish sentiment about the outlook for 1989 boosted share prices across a wide range in Tokyo and b
SOVIETS MAY PURCHASE LESS SUGAR FROM CUBA
Jacqueline Kosko |
The Soviet Union could slash its yearly standard 4.2-million-metric-ton sugarpurchase from C
WASHINGTON, BRITISH COLUMBIA ESTABLISH A TRADE PARTNERSHIP
John Davies |
The state of Washington and the province of British Columbia on Wednesday formed an economic partner
Maritime
CUBAN PROPAGANDA MOCKS CAPITALISM
(Ap) |
In their bid to win public support, Cuban authorities not only extol the virtues of socialism but al
Maritime
TVA STEAM COAL CONTRACTS ARE WORTH $95 MILLION
Tim Sansbury |
The Tennessee Valley Authority said it reached agreements covering $95 million worth of steam coal,
REAGAN AGAINST ANY ACTION TO CURB US OIL IMPORTS
(Ap) |
President Reagan said Tuesday he has decided against any oil import fee or other action to curb oil
EASTERN LOOKS FOR ROUTE BUYER
Knight-Ridder Newspapers |
Eastern Air Lines, losing $1 million a day and urgently seeking a cash infusion, is looking for a bu
Air Cargo
REPAIRS BRIGHTEN PORTLAND'S BOOKS
Journal of Commerce Staff |
One of the brightest spots on the books for the Port of Portland in 1988 is the Portland Ship Repair
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
EC TO PROBE CLAIMS OF TUNGSTEN DUMPINGBRUSSELS, Belgium - The European Community Commission
Maritime
FDIC CHAIRMAN SEEKS POWER TO DENY COVER, HIKE RATES
Leah R. Young |
The Federal Deposit Insurance Corp. is seeking a new mandate from Congress that would allow the agen
EUROPEANS EXPECT TO COMPLETE NEW ACCORDS IN 12 TO 18 MONTHS
Richard Lawrence |
The European Community hopes to complete new agreements on government procurement, financial service
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TRADE PROMOTERS TO HEAD BOARD
Journal of Commerce Staff |
A joint trade board for Washington state and British Columbia will be headed by top government trade
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 4, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
AVIATION BRIEFS
From Wire and Staff Reports |
ARMY: MILITARY MAIL NOT ON BOARD JETHEIDELBERG, West Germany - The Pan American World Airway
Air Cargo
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