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2 FINANCIAL CONTRACTS WIN CFTC APPROVAL
Knight-Ridder Financial |
The Commodity Futures Trading Commission Wednesday approved trading in twofinancial futures
OSAKA SET TO TRADE STOCK FUTURES
Journal of Commerce Special |
Osaka Stock Exchange will start trading in stock futures June 9, an exchange official said Wednesday
JAPAN TO EASE RULES ON OVERSEAS TRADING
Journal of Commerce Special |
The Japanese Finance Ministry said it will allow Japanese financial institutions to deal in overseas
JAPANESE BROKERAGES PROBED
(Ap) |
The nation's two largest futures exchanges say they are studying the possi bility of improper tradin
LME MOVES TO REPLACE REGULATORS
(Ap) |
The London Metal Exchange proposed that a new company be set up to oversee the day-to-day running of
SPOT PRODUCT PRICES
JOC Staff |
April 22, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
NRC TURNS DOWN SEABROOK REQUEST
Journal of Commerce Staff |
The U.S. Nuclear Regulatory Commission Wednesday denied a bid for a one-mile emergency evac uation p
NY GASOLINE PRICES TAKE SPRING BREAK
Journal of Commerce Staff |
Across-the- board declines in gasoline prices gave motorists a welcome springbreak during th
PROVIDENCE ENERGY INVESTS IN GAS PIPELINE PROJECT
Journal of Commerce Staff |
Providence Energy Corp. announced plans to participate in the preliminary phases of the Champlain Pi
MOBIL ESTIMATES DROP IN QUARTERLY EARNINGS
Journal of Commerce Staff |
Mobil Corp. reported estimated earnings for the first quarter of 1987 of $252 million, or 62 cents a
ENERGY BRIEFS
From Wire and Staff Reports |
BP Shareholders Approve AcquisitionShareholders of the British Petroleum Co. PLC voted to ap
GASOLINE STOCKS RISE DESPITE DROP IN IMPORTS
Journal of Commerce Staff |
Supplies of gasoline increased and distillate inventories declined during the week of April 17, acco
OIL OPTIONS PLAN IS A REFLECTION OF COMPLEX MART
Kirby V. Freeman |
The New York Mercantile Exchange's planned introduction of heating oil options this summer reflects
INSURANCE EARNINGS CRUM AND FORSTER OPERATIONS GAIN
JOC Staff |
Xerox Corp. said its Crum and Forster Inc.'s first quarter operating profit more than doubled to $47
STEEL PRODUCTION RISES
(Ap) |
Steel production rose to 1.727 million tons in the week ended April 18, an increase of 1.6 percent f
HANJIN-KOREA MERGER 2 TO 3 MONTHS AWAY
Bill Mongelluzzo |
The merger of Hanjin Container Lines and Korea Shipping Corp., considered by many in the maritime in
Maritime
PMA-ILWU TALKS START EARLY IN MAY
Maureen Robb |
Contract talks between West Coast longshoremen and shipping management are expected to start May 7.<
Maritime
TODD YARD IN SEATTLE LAYS OFF 275
Gloria Joseph |
One-fourth of the workers are being laid off at the Seattle division of financially troubled Todd Sh
Maritime
MET LIFE SUES DOCTOR UNDER RICO LAWS
Journal of Commerce Special |
A doctor who runs a string of suburban allergy clinics has been sued under federal racketeering laws
MARITIME BRIEFS
From Wire and Staff Reports |
Propeller Club Slates Convention EventsNeil L. Frank, director of the National Hurricane Cen
Maritime
ABELY TO GET BONUS OF OVER $1 MILLION
Mark Magnier |
According to documents filed by Sea-Land Corp., retiring Joseph F. Abely Jr. will receive $1,150,000
Maritime
TAX ADVANTAGE PRESERVED FOR INSURANCE COMPANIES
Leah R. Young |
The Supreme Court preserved the insurance company tax advantage that leads many companies to purchas
NY MOVES TO BAN TESTING FOR AIDS BY HEALTH INSURERS
Paula L. Green |
People applying for individual health insurance coverage in New York state would not be required to
SELF-INSURANCE MAY BE RX FOR FLA. MAL PRACTICE ILLS
C.A. Carpenter |
Florida Insurance Commissioner Bill Gunter is proposing a mandatory self- insurance pool for the sta
AAPA OPENS DRIVE AGAINST PROTECTIONISM
Robert F. Morison |
The nation's ports are mounting an effort to head off protectionist provisions in foreign trade legi
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Ga. Looks for Insurers To Embrace ReformsThe Georgia Insurance Department is looking for com
FINANCIAL BRIEFS
From Wire and Staff Reports |
Longer Jail Terms Urged by GiulianiInsider trading can be deterred if the risk and consequen
ON THE MOVE GIOIA QUITS PSC TO JOIN FIRST ALBANY
Staff Report |
Paul Gioia, removed by Gov. Mario Cuomo as chairman of the Public ServiceCommission, said We
DURABLE GOODS ORDERS JUMP
John Boyd |
New orders for durable goods from U.S. manufacturers rose strongly in March, led by a jump in milita
INDIA STILL WANTS SUPERCOMPUTER
Neel Patri |
India has yet to decide if it will go ahead with the purchase of a U.S. supercomputer. The R
US FARM OFFICIAL LEAVES TOKYO EMPTY-HANDED, DISAPPOINTED
A.E. Cullison |
Agriculture Secretary Richard Lyng described nearly a week of trade talks with Japan as a total fail
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Unions representing more than 600,000 postal workers told the U.S. Postal Servi
Maritime
IMF SAYS MOVES TO PRIVATIZE ARE IN LOW GEAR
(Ap) |
Getting government out of business is popular with many conservative leaders, who see state ownershi
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Unions representing more than 600,000 postal workers told the U.S. Postal Servi
SENATE DELAYS BUDGET DEBATE
Journal of Commerce Staff |
The Senate will put off until next week any debate on the fiscal 1988 budget, Senate aides said.
WORLD TODAY
From Wire and Staff Reports |
Import Duties Sought On Japanese ForkliftsHyster Co. and four U.S. labor unions asked the go
WATERMAN PROFITS SOARED TO $8.18 MILLION IN 1986
Gregory S. Johnson |
Waterman Marine Corp., which last year became the first U.S.-flag carrier to emerge from Chapter 11
TRUCK BUILDERS WORRIED BY CLASS 7 SALES DROP
Michael S. Lelyveld |
Analysts are asking three questions about what may be a billion-dollar blunder for the heavy truck
POSTAL WORKERS SEEK MAJOR WAGE HIKES
(Ap) |
Opening the nation's largest round of labor negotiations this year, unions representing more than 60
US IMPROVES TERMS OF TAIWAN TEXTILE PACT
Rose A. Horowitz |
Taiwan achieved more favorable terms in negotiating a one-year extension of a textile agreement with
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