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OLYMPIC TO OVERHAUL TWA JETS
(Ap) |
Olympic Airways has signed an agreement worth $3.5 million to overhaul two aging 747 jumbo jets rece
Air Cargo
TOKYO STOCK MARKET MAY KEEP ON BOOMING
A.E. Cullison |
The booming Tokyo Stock Exchange is expected to follow 1988's record performance with yet another st
RIVETS IN OLD 727S TARGETED
(Ap) |
Airlines will soon be asked to replace rivets in more than 800 Boeing 727s that were made with what
Air Cargo
OIL IMPORT BILL DECLINES IN BRAZIL
Knight-Ridder Financial |
Brazil's January to November 1988 gross oil import bill totaled $3.3 billion, down from over $3.8 bi
PEOPLE - TRADE
From Wire and Staff Reports |
CMS ENHANCEMENTS INC. (Tustin, Cal.) - Tom Ong and Mason Tarkeshian, two of the company's four found
Maritime
FARMERS STILL WARY OF BIOTECHNOLOGY
(Reuter) |
Agricultural biotechnology companies, with goals ranging from keeping tomatoes firm to creating micr
SOVIET TOURISM INDUSTRY FEELS GROWING PAINS
Mark D. Berniker |
Pressure is growing in the Soviet Union for space to house foreigners, as business travelers and tou
Maritime
ORIENT OVERSEAS TO QUIT 2 PACIFIC CONFERENCES
Josh Goldstein |
Orient Overseas Container Line Ltd. said it will quit both major shipping conferences between the Un
CAPITAL OUTLAYS IN TRANSPORTATION SEEN VERY STRONG
John Boyd |
Overall gains in capital spending by U.S. firms should slow in 1989, but the transportation industry
PORT BAN SOUGHT ON NUCLEAR WASTE
William DiBenedetto |
A leading environmental group wants to stop a government agency plan to ship radioactive waste throu
UK INSURERS HOLD WAR-RISK COVERAGE
Paula L. Green |
British insurers will likely end up paying Pan American World Airways $32 million for the hull of a
REXENE OFFER PART OF BID TO DIVERSIFY, SUNSHINE SAYS
(Ap) |
Sunshine Mining Co. says it will pay $865.2 million for plastics and petrochemical maker Rexene Corp
TAIWAN'S STRONG STOCK MARKET IS EXPECTED TO SOFTEN IN 1989
Steve Glain |
Taiwan's fitful stock market is expected to cool gradually in early 1989 as the local economy slows
MCDONNELL DOUGLAS SETS TESTS FOR PROPFAN ENGINE
Bill Mongelluzzo |
McDonnell Douglas Corp. in January will begin flight tests with a second ultra high bypass engine.
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
HUGHES AIRCRAFT TO BUY HONEYWELL DIVISIONLOS ANGELES - Hughes Aircraft Co., a unit of GM Hug
Air Cargo
LDC DEBT PRICES FALL
Steven Marcy |
Prices for developing country debt in the secondary market have slipped to the lows of a month ago,
NY COMMISSION DEFERS DECISION ON LILCO RATES
Journal of Commerce Staff |
The New York State Public Service Commission Wednesday deferred for four weeks a decision on a tempo
ENERGY BRIEFS
Wire and Staff Reports |
NYMEX SEES REVERSAL IN CRUDE OIL FUTURESNew York Mercantile Exchange February crude oil futu
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year12/28 12/27 Chan
COMMODITY BRIEFS
From Wire and Staff Reports |
FAVORABLE WEATHER AIDS THAILAND'S CROPSBANGKOK, Thailand - Thailand's major crop production
ELECTRONICS BRIEFS
Wire and Staff Reports |
AT&T, US SPRINT WIN HUGE FEDERAL CONTRACTAmerican Telephone & Telegraph Co. and US Sprint Co
TRANSPORT CALENDAR
Wire and Staff Reports |
Atlantic States Association of Rail Shippers, annual meeting, Jan. 11. Philadelphia Hershey Hotel, P
Trucking News
PEOPLE - INSURANCE
From Wire and Staff Reports |
AMERICAN RE-INSURANCE CO. (Princeton, N.J.) - Edward F. Schwenzfeier was named vice president, facul
US, EC APPEAR HEADED FOR ALL-OUT TRADE WAR
Bruce Barnard |
A full-blown trans-Atlantic trade war in the New Year seemed inevitable Wednesday after the United S
HOECHST COUNTER SUES IN PATENT BATTLE WITH GE
Journal of Commerce Staff |
Hoechst Celanese Corp. said Wednesday it counter sued General Electric Co. in a continuing battle ov
PEOPLE - FINANCIAL
From Wire and Staff Reports |
FIDELITY BANK (Philadelphia) - Joseph P. Leska was named senior vice president. He is head of the co
COST OF CREDIT
JOC Staff |
Wed., Dec. 28, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PEOPLE - ENERGY
From Wire and Staff Reports |
MIDDLE SOUTH UTILITIES INC. (New Orleans) - Jerry L. Maulden, James M. Cain a nd Donald Meiners were
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
OMAN AND IRAN SIGN TRADE AGREEMENTNICOSIA, Cyprus - Oman signed a trade accord with Iran and
Maritime
A HARD LOOK AT AGING JETLINERS
(Ap) |
When one-third of the roof peeled off an Aloha Airlines jet flying at 24,000 feet eight months ago,
Air Cargo
RJ REYNOLDS USING EDI TO WIDEN PROFIT MARGINS
Torrey Byles |
Cigarette companies are turning to electronic communications to make sure their profits don't go up
US-CANADA TRADE PACT MAY HELP BUFFALO MOST
(Ap) |
After years of cursing the location of their city, Buffalo residents today wouldn't trade their mitt
Maritime
MOROCCO, SPAIN PLAN TO CONSTRUCT BRIDGE LINKING EUROPE, AFRICA
(Reuter) |
Moslem Morocco and Catholic Spain are to build a bridge to link Europe and Africa across the Straits
Trucking News
COLLECTORS PRIZE GLASS PAPERWEIGHTS
Barbara Sullivan |
It's a bit of magic, a fantasy-like world inhabited by a perfect flower or swirling clouds or tiny s
Maritime
CONSOLIDATORS PROTEST FMC DAMAGE RULING
Robert F. Morison |
Seven ocean freight consolidators objected to a Federal Maritime Commission law judge's ruling excus
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CARRIER GROUP TO HIKE COSTA RICAN RATESHOLLYWOOD, Fla. - A group of three shipping lines tha
Maritime
MANAGERS, WORKERS SEEK CONTROL OF ULSTER YARD
(Reuter) |
Managers and workers at Belfast's Harland & Wolff shipyard have made a formal joint bid for control
Maritime
INSURERS MAY HAVE TO PICK UP TAB FOR LOST OIL OUTPUT AFTER ACCIDENT
Edwin Unsworth |
Shell U.K. Exploration & Production (Shell Expro) said Wednesday it has consulted its insurers over
LATEST CALL FOR REPEAL OF MCCARRAN BLASTED
Journal of Commerce Staff |
An American Bar Association commission's call for subjecting the insurance industry to federal antit
CALENDAR NOTES
JOC Staff |
Chicago Board of Trade, economic outlook briefing, Dec. 29, 3:30 p.m. Speakers: Martha R. Seger, gov
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