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SEAWAY DOING WELL IN '87
Robert F. Morison |
James L. Emery, the U.S. administrator of the St. Lawrence Seaway, is encouraged by cargo gains on t
Maritime
OAKLAND APPROVES WATERFRONT PROJECT
(Ap) |
The port of Oakland on Tuesday approved a $100 million agreement to transform Jack London Square int
Maritime
OIL TERMINALS URGED TO ADOPT SAFETY GUIDELINES
James Nolan |
Oil terminal operators have worries other than those occupying containerport managers. For one thing
Maritime
NYK OPENS CANADIAN SUBSIDIARY
Journal of Commerce Staff |
Nippon Yusen Kaisha has opened a wholly-owned Canadian subsidiary, NYK Line (Ontario) Inc., which be
Maritime
ANTIGUA PORT GETS FACE-LIFT
Canute James |
The port of St. John's, the capital of Antigua, is being expanded in a US$23.5 million program to ea
Maritime
INDONESIA GETS FINANCING TO IMPROVE TWO HARBORS
P.T. Bangsberg |
Officials in Indonesia say work will start shortly on US$11 million projects to upgrade ports at Jak
Maritime
REFLAGGING OF TANKERS CRITICIZED
Robert F. Morison |
A Republican member of the House Merchant Marine and Fisheries Committee took the Reagan administrat
Maritime
NJ HIGH-RISK DRIVERS FACE HIGHER PREMIUMS
(Ap) |
Drivers in New Jersey who can't get traditional automobile insurance because their driving records l
CONSULTANT PREFERS HIS OLD TACOMA HOME
Gloria Joseph |
The man who runs the largest pension fund consulting agency in the nation can't be found anywhere ne
SWISS INVESTORS LOOK TO MEXICO
(Ap) |
A group of Swiss investors asked Mexican authorities for permission to set up a plant to produce mar
PENSION GROUP APPROVES MERGER
Journal of Commerce Special |
Stockholders of Pension Insurance Group of America Inc., at a special meeting here Wednesday, approv
ASBESTOS SUITS FLOOD NY FEDERAL COURT
(Ap) |
More than two dozen central New York workers, taking advantage of the state's infant toxic torts law
SIGNS POINT TO ACCORD ON BUDGET
John Boyd |
Congressional Democrats appeared close to nailing down an elusive budget agree ment Wednesday aftern
HOUSE PANEL OKS CATASTROPHIC COVER
Leah R. Young |
The House Energy and Commerce Committee Wednesday approved catastrophic illness insurance for Medica
RATE-MAKING BILL FALTERS IN CALIF.
(Ap) |
An industry-opposed bill mandating state approval before insurance companies could increase or decre
HOW RISK MANAGERS VIEW MCCARRAN REPEAL DRIVE
Paula L. Green |
Risk managers probably won't see the insurance cycle softening as a result of proposed federal legis
INSURANCE BRIEFS
From Wire and Staff Reports |
Met Life Files Suit Against Two DentistsMetropolitan Life Insurance Co. filed a lawsuit Wedn
LIQUOR LIABILITY BILL MANDATES WARNING LABELS
(Ap) |
A coalition of public interest groups is pushing product liability litigation in its efforts to get
CANADA SHIFTS TAX BURDEN TO CORPORATIONS
Leo Ryan |
Canadian Finance Minister Michael Wilson will unveil tax reform measures late today that are expecte
LAWSUIT LISTS UK ASBESTOS FIRM
(Ap) |
About 40 years ago, Raymond Hendrickson worked for the Union Asbestos and Rubber Co. in Paterson, N.
INSURANCE CALENDAR
JOC Staff |
National Association of Insurance Commissioners meets June 21-26 in Chicago for summer national meet
THE ECONOMY PROFITS FELL 3.9 PERCENT IN FIRST QUARTER
JOC Staff |
The government reported that after-tax corporate profits fell 3.9 percent in the first quarter. It w
RUDER NOMINATED FOR SEC CHIEF
(Ap) |
President Reagan on Wednesday chose David S. Ruder, a business law professor, as chairman of the Sec
US WINS 2ND BOUT ON TAXES
Anne Meade |
The United States won a round over its tax on petrochemicals and other related products at the Gener
ON THE MOVE JOHN FLYNN RESIGNS POST AT APC
Staff Report |
John E. Flynn, executive vice president and chief financial officer of American President Cos., pare
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Congressional Democrats increased their efforts to nail down a House- Senate ac
LATIN PRIVATE SECTOR CITES FRUSTRATION
Rosalind Rachid |
Latin American entrepreneurs lashed out at government policies in their coun tries, saying the priva
THE ECONOMY ECONOMY FLEXED MUSCLE IN QUARTER
(Ap) |
The U.S. economy grew at a sizzling 4.8 percent annual rate in the first three months of 1987, subst
THE INDIANAPOLIS PLAN OF ACTION
Rosalind Rachid |
The Pan American Economic Leadership Conference ended in Indianapolis with a proposed plan to expand
THE ECONOMY US FACTORY USE ROSE 0.2 PERCENT DURING MAY
(Ap) |
U.S. factories, mines and utilities operated at 79.6 percent of capacity in May, up slightly from th
EPA SUPPORTS BILL ON FUNDING RADON CLEANUPS
Charles Thurston |
The Environmental Protection Agency has endorsed a bill that would set a $32.5 million limit to fede
NY SENATE CONFIRMS 5 NOMINEES TO STATE PSC
(Ap) |
Five of Gov. Mario Cuomo's nominees were confirmed as members of New York state's utility rate-setti
CHILE, BANKS SIGN FINANCIAL ACCORD
JOC Staff |
Chile and 400 international banks Wednesday began formal signing ceremonies on a plan to restructure
WEST COAST BRIEFS
From Wire and Staff Reports |
TRW Lands Pact To Update SystemEL SEGUNDO, Calif. - TRW Inc. has received a $59 million init
Maritime
JAPANESE BREAK GROUND FOR ORE. SILICON PLANT
Journal of Commerce Special |
Japan's second largest steel company came to this tiny Oregon town this week, fulfilling its pledge
Maritime
CALIF. ECONOMIC OUTLOOK BRIGHT
(Ap) |
California's economy will outperform the rest of the nation in 1987 despite rising interest rates, s
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
JWT Group Rejects UK Firm's Buy-out BidNEW YORK - JWT Group Inc. said Wednesday its board ha
Maritime
PUC ORDERS PHONE WARNING
(Ap) |
A new ruling by the state Public Utilities Commission requires cellular phone companies to warn cust
Maritime
CALIF. FIRM TO RE-ENTER ROCKET FIELD
(Ap) |
General Dynamics, seeking a share of the commercial rocket business, announced it will build 18 Atla
Maritime
AUSTRALIANS TO SUPPLY IRON ORE TO ROMANIANS
Vincent W. Stove |
An ambitious plan may lead to Australia replacing the Soviet Union as the main supplier of iron ore
Maritime
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