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MANUFACTURERS BOOSTS RESERVE
Journal of Commerce Staff |
Manufacturers Hanover Corp. said it is increasing its reserve for possible loan losses by $1.7 billi
TWO FIRMS CUT TIES TO MM&P AT&T UNIT, OMI DROP OFFICER UNION AS BARGAINING AGENT
Chris Dupin |
Two more companies have dumped the International Organization of Masters, Mates, and Pilots as the b
GAMBLERS EXPRESS RULING BRINGS OPTIMISM
(Ap) |
A federal judge's ruling allowing construction to continue along the Gamblers Express rail line with
Rail News
BILL TO CREATE FRAUD UNIT FACES DELAY IN PA. HOUSE
Journal of Commerce Staff |
A Senate bill that would create an insurance fraud division in the state Department of Insurance has
RAIL BRIEFS
From Wire and Staff Reports |
BN Official Opposes Railroad Merger PlansWILLIAMSBURG, Va. - A merger between the Santa Fe a
Rail News
NEW CXT TIE PLANT OPENS TO BN ORDER
Kevin D. Thompson |
CXT System Corp.'s new concrete railroad tie manufacturing plant and its six- year agreement with Bu
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
More Ships Promised To Norwegian RegisterOSLO, Norway - The Kvaerner Group has decided to tr
Maritime
WORKERS COMP SET FOR OVERHAUL IN PA.
Journal of Commerce Special |
Gov. Robert P. Casey announced plans to overhaul the state's workers compensation system and reduce
INSURANCE BRIEFS
From Wire and Staff Reports |
Orion Drops Plan To Sell Guaranty StakeOrion Capital Corp. said it terminated its previously
DISPUTE STALLS CONN. BUILDING COLLAPSE FUNDS
TOM McNIFF Jr. |
The city of Bridgeport will not sign an agreement demanded by the Royal Insurance Co. of America to
SOVIET OFFICIAL SENTENCED TO JAIL
Albert Axebank |
The Soviet Union's former deputy minister of foreign trade was sentenced to 13 years in prison for b
Maritime
SOUTH ASIA EYES REGIONAL PLANS
Neel Patri |
A multilateral and multisectoral investment institution for non-Pacific Asia is being proposed by Ba
Maritime
GATT SAYS OIL TAX VIOLATES FREE TRADE
Knight-Ridder Financial |
The Reagan administration's superfund tax on imported crude oil and oil products violates the free t
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SHIPWRECK BLOCKS RHINE IN GERMANY
Journal of Commerce Special |
A portion of the Rhine River near Karlsruhe, West Germany, remains closed to shipping as salvage ope
Maritime
SCHERING-PLOUGH GETS NOD ON STEROID
Journal of Commerce Staff |
Schering-Plough Corp.'s topical steroid for inflammatory skin disorders, Diprolene AF, has been appr
FINANCIAL BRIEFS
From Wire and Staff Reports |
Japan's Money Growth Rules Out Rate CutJapan's money supply jumped a record 10.2 percent in
REPORTER'S NOTEBOOK THE 10TH PAN AMERICAN GAMES HEAD FOR THE HOOSIER STATE
Rosalind Rachid |
THE PAN AMERICAN ECONOMIC LEADERSHIP CONFERENCE precedes the 10th Pan American Games, to be held in
JOFC NAMES LEVINSON, YENINAS TO EDITORIAL POSTS
Journal of Commerce Staff |
The Journal of Commerce announced two editorial appointments, naming Marc Levinson editorial directo
EXPORT BRIEFS
From Wire and Staff Reports |
Olin, Yamaha Group Form Joint VentureSTAMFORD, Conn. - Olin Corp. has formed a joint venture
Maritime
PANEL TO PROBE TANKER REFLAGGING
Robert F. Morison |
The House Merchant Marine and Fisheries Committee will put the Reagan administration decision to put
Maritime
AMERICANS HELP KEEP CRUISERS AFLOAT
Joyce Quek |
What do talk show host Phil Donahue, members of Malaysia's royal family, the chairmen of Hilton Hote
'TWILIGHT ZONE' PILOT CLAIMS SLANDER
(Ap) |
The Twilight Zone" helicopter pilot acquitted of manslaughter charges last month is seeking $300,000
INDICTMENTS FILED IN HUGE UNION FRAUD
(Ap) |
A Long Island man who heads a money brokerage was charged with racketeering in a $14 million union p
NORTHROP SLASHES NET OVER STEALTH CONTRACT
(Ap) |
In a second major revision of its Stealth bomber contract in nine months, Northrop Corp. said it wil
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Petro-Canada, Ecuador Sign Exploration PactQUITO, Ecuador - Canada's state-owned oil company
PERRIER POISED TO DOUBLE US SALES WITH TAKEOVER
Howard Schissel |
France's top mineral water company, Source Perrier, is poised to double its U.S. sales following the
Maritime
NEW PRODUCTS MARKETPLACE
JOC Staff |
Couplers Developed For Scaffolding UseBoulton Scaffolding Ltd., a British manufacturer of tu
Maritime
EUROPEAN AIRLINES WEIGH COOPERATION
Edwin Unsworth |
Cooperating on route sharing is not the only way Europe's airlines are pooling their resources to co
Air Cargo
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Senate is softening proposals to impose new rules for foreign investors. P
Maritime
INTERNATIONAL EQUITY TRADING GROWS RAPIDLY
Phillip L. Zweig |
International trading in equity securities is expanding at a much faster pace than most experts real
PLASTICS CORNER
Journal of Commerce Staff |
Occidental Acquires Shell's VCM BusinessDARIEN, Conn. - Occidental Petroleum Corp. announced
SINGAPORE TRIMS STAKE IN NATIONAL AIRLINE
P.T. Bangsberg |
In a further privatization step, the Singapore government's industrial holding company Tuesday offer
Air Cargo
PAYMENTS DEFICIT DROPPED SLIGHTLY IN FIRST QUARTER
Richard Lawrence |
The U.S. payments deficit with the rest of the world receded slightly in the first quarter this year
BOEING SELLS HYDRAULICS UNIT TO DOWTY
Edwin Unsworth |
The Dowty Group PLC of Britain announced Tuesday it has bought Hydraulic Units Inc., a subsidiary of
Air Cargo
CANADIAN RAILWAYS HALTS FIGHT TO CHANGE NEW BILL
Mark Wilson |
State-owned Canadian National Railways has given up trying to win major changes in new national tran
Rail News
ACT/PACE SHIP RESCUES STRICKEN CREW
Journal of Commerce Staff |
Twenty-nine crewmembers from the Cumberlande, a chemical bulk carrier that sank in rough weather in
Maritime
NMU WON'T CALL IT QUITS IN FIGHT AGAINST US-OWNED FOREIGN FLAGS
Robert F. Morison |
The National Maritime Union is still fighting to end the government's emergency reliance on U.S.-own
Maritime
GARBAGE IS CLAIM TO FAME FOR THIS SKIPPER
(Ap) |
Next to New York politicians, Louisiana's are tame, says the tugboat captain who's been trying for t
Maritime
STUDY FINDS EVIDENCE OF PREDATORY PRICING
Leo Abruzzese |
Cost-efficient Eastern truck lines were driven from business by the predatory actions of the nation'
Trucking News
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