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RISK MANAGERS URGED TO FOCUS ON QUALITY
Journal of Commerce Staff |
Risk management is no longer a job for amateurs, the incoming president of the Risk and Insurance Ma
CUSTOMS' NEW TAX ON CARGO WILL HELP FINANCE DREDGING
Tim Neale |
Shippers face an additional tax starting today. The U.S. Customs Service Monday published in
Maritime
AVONDALE WORKERS APPROVE SEPARATION
Marie Prat |
Avondale Industries Inc. has completed its corporate divorce with approval of workers in 10 states f
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Lykes' New Service Includes Norfolk CallsLykes Bros. Steamship Co. will call at Norfolk with
Maritime
MARINE POWER TUGS, BARGES TO BE SEIZED
Gloria Joseph |
Tugs and barges belonging to Marine Power & Equipment Co. of Seattle will soon be seized by a federa
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FOREIGNERS HIKE SHARE OF US FARMS
Knight-Ridder Financial |
Foreign-owned U.S. agricultural land increased by 369,000 acres at the end of last year from the end
SEATRAIN PLAN GETS APPROVAL FROM COURT
Mark Magnier |
Seatrain Lines Inc. said its latest reorganization plan was confirmed by the U.S. Bankruptcy Court,
SIX EC COUNTRIES OPPOSE OILS, FATS TAX
Knight-Ridder Financial |
Six EC countries expressed varying degrees of opposition to the EuropeanCommission's proposa
HIGH YEN TAKES TOLL ON AMERICANS IN JAPAN
(Ap) |
The soaring value of the Japanese yen is driving American businessmen in Tokyo to distraction and ma
Maritime
UK LOOKS FOR STEADY RISE IN TRADE WITH SOVIET UNION
Albert Axebank |
British Prime Minister Margaret Thatcher said she expects steady growth in Soviet-British trade over
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japanese Diet Passes Provisional BudgetJapan's Diet completed approval Tuesday of an 8.8 tri
Maritime
VIRGIN ISLANDS MEANS BUSINESS
Mark Magnier |
The newly elected government in the U.S. Virgin Islands is making strong overtures to business in an
Maritime
BELLSOUTH WINS JOB IN GUATEMALA
Journal of Commerce Staff |
BellSouth International, a Atlanta-based telecommunications company, said it entered into an agreeme
NIGERIA TARGETS COAL DEVELOPMENT DESPITE LACK OF INVESTMENT FUNDS
Howard Schissel |
Nigeria, Africa's leading oil producer, is striving to develop its long- neglected coal industry, bu
INSURANCE CALENDAR
JOC Staff |
Latest Developments in ArbitraTion and Litigation on Insurance and Reinsurance, a conference, will
INSURANCE BRIEFS
From Wire and Staff Reports |
Inadequate Coverage Big Source of ClaimsTALLAHASSEE, Fla. - Leaving clients with inadequate
COST OF CREDIT
JOC Staff |
Tuesday, March 31, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
LIMITS PROPOSAL DUE IN SUMMER
Knight-Ridder Financial |
The Commodity Futures Trading Commission should have a new set of proposals for speculative limits f
BP GROUP TO REORGANIZE HYDROCARBON BUSINESSES
Journal of Commerce Staff |
The BP Group will reorganize its hydrocarbon resource business today. BP Gas International b
ENERGY BRIEFS
From Wire and Staff Reports |
Union Pacific, PdVSA Agree to PartnershipUnion Pacific and Petroleos de Venezuela S.A., the
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
EC-Chinese Trade Expected to SlackenEuropean Community Trade Commissioner Willy de Clercq sa
Maritime
JAPAN OUTLINES STEPS TO CUT TRADE SURPLUS
(Ap) |
Anti-U.S. sentiment among ordinary Japanese will grow if the United States goes ahead with penalty d
Maritime
CP RAIL'S COMPETITION CONSIDERS RESTRUCTURING
Mark Wilson |
State-owned Canadian National Railways has commissioned consultants Booz, Allen & Hamilton, of New Y
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The government's main gauge of future economic activity rose a healthy 0.7 perc
SUPPLY, DEMAND IMBALANCES HELD BEARISH FOR GRAINS
Rosalind Krasny |
Inflationary fears sparked by the U.S. dollar's latest slide and rising precious metals prices will
BASF GROUP SALES OFF 8.8 PERCENT
Journal of Commerce Staff |
BASF Group sales in 1986 reached $18.8 billion, a decline of 8.8 percent against 1985, according to
TODD FALLS PREY TO WILDCAT STRIKE
John Davies |
A slowdown to protest wage cuts at Todd Shipyards in San Francisco turned into a wildcat strike that
Maritime
SEAWAY OPENS WITH A DEGREE OF OPTIMISM
Leo Ryan |
The 1987 navigation season on the St. Lawrence Seaway opened Tuesday on an optimistic note, although
Maritime
VENTURE CAPITAL UNITS ARE AIDED IN TAIWAN
Don Shapiro |
To Americans venture capital might seem to embody the very soul of private enterprise but in Taiwan
WORLD REGULATORS MUST COOPERATE, SIR NICHOLAS SAYS
Gordon Platt |
Sir Nicholas Goodison, chairman of the London International Stock Exchange, said securities and bank
COMMODITY BRIEFS
From Wire and Staff Reports |
Nord Will Place Stock With UK InvestorsDAYTON, Ohio - Nord Resources Corp. agreed with Klein
SPOT PRODUCT PRICES
JOC Staff |
March 31, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
PATENT OFFICE STALLS UNSTOPPABLE ENERGY MACHINE
Billy Bowles |
A mechanical engineer with the Mississippi Bureau of Geology calls Joe Newman's invention "probably
WORLD TODAY
From Wire and Staff Reports |
Elizabeth Dole Scored WASHINGTON - Rep. Norman Mineta, chairman of the House Aviation Subcom
UK POISED TO RETALIATE AGAINST JAPAN
Bruce Barnard |
The British Cabinet will discuss possible retaliatory measures against Japan Thursday, over Japan's
VENEZUELAN TOW TRAINEES 'TRUE PIONEERS' OF RIVER
Marie Prat |
The mighty Mississippi River was their classroom; now the wild Orinoco River will test the skills le
INTERNATIONAL CALENDAR
JOC Staff |
Latin American Investment Climate. Briefing by the Conference Board. April 2, Waldorf-Astoria Hotel,
Maritime
WESTERN, LABOR CLASH OVER MERGER
(Ap) |
A promise by Western Airlines to protect its unions in the event of a merger was called unenforceabl
JAPANESE GOODS ON TARGET LIST
Journal of Commerce Staff |
U.S. semiconductor executives plan to meet in Washington Thursday to consider how best to apply up t
Maritime
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