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HOTELS CREATIVE WITH BONUS PLANS
Christopher Lofting |
The hotels certainly weren't the first to come up with an awards program designed to romance custome
Air Cargo
EXXON CO. REFINERY IN CALIF. KNOCKED OUT BY HELICOPTER CRASH
John Davies |
An Exxon Co. USA refinery east of San Francisco remains partially shut down today after a helicopter
FRED. OLSEN SETS DEAL FOR FIVE TANKERS
Bob Wesenberg |
Fred. Olsen & Co. has purchased five medium-sized tankships on behalf of foreign owners. The tanker
Maritime
RECOVERY IS BUZZWORD AT REINSURERS MEETING
Russ Banham |
Reinsurance recoverability has emerged as one of the chief topics of conversation between ceding ins
PROGRESS ON TRADE DEFICIT COULD HARM US ECONOMY
Cristina Lee |
The U.S. trade deficit must shrink at a slow pace or the United States will suffer economic and poli
ENERGY BRIEFS
From Wire and Staff Reports |
Chevron Cuts Posting By 50 Cents a BarrelChevron U.S.A. Inc. decreased its posted buying pri
SOVIETS TO PAY BY CHECK
(Ap) |
Starting Dec. 1, most Soviet families may add balancing the checkbook to their list of chores.
FRANKFURT AUTO SHOW OPENS DOORS TODAY
Erich E. Toll |
The 52nd Frankfurt International Auto Show, considered one of the two most important in the industry
Maritime
TAIWAN CLOTHIERS DRESS UP IMAGE
JAMES McGREGOR |
Taiwan's clothing industry is trying to show overseas buyers it can do more than mass produce low-en
Maritime
NEWS SUMMARY
JOC Staff |
AVIATION United Parcel Service is putting a huge package-sorting operation in place in Phila
MONSANTO BREEDS 'KILLER' TOMATOES
Charles Thurston |
Curious fruit was born of Monsanto Co.'s $1 billion investment in biotechnology. Indeed, bug
ARCO PLANS MTBE PLANT IN FRANCE
Journal of Commerce Staff |
Arco Chemical Europe Inc., a subsidiary of Arco Chemical Co., announced that it will construct a 420
SURVEY FORECASTS STABILITY FOR NY GASOLINE PRICES
Journal of Commerce Staff |
Plentiful gasoline supplies coupled with lower spot market costs for crude oil and refined products
QUOTA WATCH
Source: International Development Systems Inc., Washington, |
Current Textile Quotas: Where the Average Recent Utilization RateIndicates Full Quota Utiliz
Maritime
ARGENTINE LEADER ASSAILS CREDITORS
Jeremy Morgan |
President Raul Alfonsin launched a bitter attack on Argentina's foreign creditors, even as he hinted
JAPANESE, PIERS DATA INDICATE US EXPORTS SURGED IN AUGUST
Mark Magnier |
Fresh evidence of an improvement in the U.S. trade picture came Thursday with the release of Japanes
NJ SENATE TO VOTE ON AUTO REFORM PLAN
(Ap) |
With the end of the legislative term nearing, a N.J. Senate committee has passed a nine-part automob
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
THE ECONOMY CAPITAL SPENDING EXPECTED TO RISE
Knight-Ridder Financial |
Real capital spending by U.S. non-farm businesses in 1987 is expected to rise 1.4 percent from 1986
PERSIAN GULF FIGHTING ESCALATES AS UN PEACE MISSION BEGINS
(Ap) |
Iraqi warplanes bombed industrial centers and an Iranian speedboat rocketed a supertanker Thursday,
Maritime
NEW RESERVES OF COAL FOUND IN ALASKA
Sam Glasser |
New surface-mineable reserves of good quality coal were found in southern Alaska this summer, and fe
PA. COAL REGION PAYS HOMAGE TO ITS HERITAGE
Colleen Sweeney |
Thursday marked the 90th anniversary of the Lattimer Mines shootings. Luzerne County sheriff's deput
ECONOMIST SAYS WORLD HEADED FOR RECESSION
Richard Lawrence |
The world still appears headed for an economic recession, a leading international economist said.
JAPANESE PLAN TO SLASH PERSONAL TAXES
A.E. Cullison |
Japanese personal taxes will be slashed by an estimated total of $15.7 billion within a few days und
Transport, Trade and Regulation News
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
50-MILE RULE ALTERNATIVE SOUGHT TODAY ILA SETS DEADLINE
Marie Prat |
The International Longshoremen's Association set a deadline of8:30 this morning for management to of
CHOLESTEROL-FIGHTER ON MARKET SEPT. 14
Ena Naunton |
Lovastatin, a revolutionary new cholesterol-lowering prescription drug due in pharmacies Sept. 14, i
CHEMICAL EARNINGS TO RISE?
Journal of Commerce Staff |
The chemical industry is showing strong profit growth, spurred by gains in volume for basic chemical
CITIES FAIL TO MEET OZONE STANDARDS
(Ap) |
The number of U.S. cities with too much ozone polluting their air dropped to 62 in 1984-86, but the
UNITED PARCEL SERVICE LOOKS TO EUROPE VIA PHILADELPHIA
Tom Belden |
When you're as big as United Parcel Service, it's easy to get a little fat, too. After all,
Air Cargo
FREIGHT RATE FUTURES
JOC Staff |
Sept. 10 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
NORWEGIANS FIND SUB SUNK IN 1944
(Ap) |
A German submarine, sunk in the North Sea by British planes during World War II, has been located on
Maritime
CASTLE BUYS HIAWATHA RESERVES
Journal of Commerce Staff |
Castle Energy Corp. said Thursday that it has signed an agreement with Hiawatha Oil & Gas Corp. to a
RAIL BRIEFS
From Wire and Staff Reports |
Conn. Commuter Study Offers No SurprisesNORWALK, Conn. - A survey of 4,000 railroad riders o
Rail News
COAL SLURRY RIFT ENTERS NEW ROUND
Howard Abramson |
Congress opened a new round in the 25-year battle over coal slurry pipelines Thursday, with predicta
PRUDENTIAL SHIFTS COURT ACTION
James Nolan |
They couldn't move a $93 million decimal point three places to the right in a federal bankruptcy cou
Maritime
SEPARATE FAA FLIES IN SENATE
Dave Higdon |
The aviation industry's wishes for an independent Federal Aviation Administration received a warm Se
Air Cargo
UK PROCESS CONTROLLER SIMPLIFIES PROGRAMMING
JOC Staff |
Plain-language programming is one of the main features of a British-made process controller.
Maritime
TOWBOAT UNIT LOSES MEMBERS
Mark Wilson |
A Western Canadian towboat industry bargaining body is hoping to win back members who have chosen to
Maritime
EVERGREEN UNIT REPORTS RESULTS
Joseph Bonney |
The Evergreen shipping conglomerate said Thursday that its main unit, which will make its first publ
Maritime
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