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GREEK SEAMEN, OWNERS INK PACT
Victor Walker |
The recent signing of a long-delayed wage agreement between Greek seamen and shipowners has averted
Maritime
US AUTO PARTS FIRMS HIT STATES' INCENTIVES
(Ap) |
U.S. auto parts manufacturers and members of Congress are complaining that states are giving Japanes
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
OIL EXPLORATION PLAN MAY DEVASTATE ALASKAN TRIBE
Gloria Joseph |
An Indian tribe living in isolation just south of the Arctic National Wildlife Refuge, depends on th
SOVIET CHEMICAL GOALS QUESTIONED
Albert Axebank |
Western commercial sources raise strong doubts that the Soviet chemical industry will be able to ach
DOE PAYS $126 MILLION IN ETHANOL PLANT BAILOUT
(Ap) |
The Energy Department has paid $126 million to rescue an Indiana ethanol plant that was unable to ma
SUIT CLAIMS UTILITY WORKER FIRED OVER ASBESTOS ISSUE
(Ap) |
Con Edison was accused of firing a mechanic because he persistently asked questions about asbestos l
ENERGY BRIEFS
From Wire and Staff Reports |
TVA Purchases Coal In 4 Spot TransactionsTennessee Valley Authority bought coal from Kentuck
PLASTICS CORNER REICHHOLD COATINGS UNIT HIKES ALKYD, RESIN PRICES
Journal of Commerce Staff |
The chemical coatings division of Reichhold Chemicals Inc. announced price increases effective April
AVIATION BRIEFS
From Wire and Staff Reports |
Braniff Sets Start Date For Minnesota ServiceBraniff Inc. said it will inaugurate service at
ICN UNIT TO ACQUIRE SPANISH DRUG COMPANY
Journal of Commerce Staff |
ICN Pharmaceuticals Inc. announced that its 87 percent-owned subsidiary, SPI Pharmaceuticals Inc., w
EASTERN PILOTS CITE EROSION OF SAFETY MARGINS
(Ap) |
Eastern Airlines pilots in uniform picketed the carrier's major terminals Thursday to dramatize thei
STERLING FORMS OLEFINS COMPANY
Journal of Commerce Staff |
Sterling Group Inc. announced the formation of Cain Chemical Inc., a $1 billion integrated olefins c
JAPAN WEIGHSSANCTIONS REPLY
(Ap) |
Even if Japan decides that U.S. sanctions announced last week in a semiconductor trade dispute overs
Maritime
EC SLAPS US WITH LIST OF UNFAIR TRADE ACTS
(Ap) |
The European Community, seeking to counter what it sees as rising protectionism in the U.S. Congress
Maritime
THREE TOP TRUCK FIRMS ANNOUNCE RATE HIKES
Leo Abruzzese |
The nation's three largest trucking companies will raise freight rates on long-haul traffic despite
DOLLAR DIPS ON TRADE DEFICIT COMMENT
Knight-Ridder Financial |
The U.S. dollar weakened against most major foreign currencies Thursday on remarks about the U.S. tr
STOCKS TRACE UNCERTAIN PATTERN
RIPLEY WATSON Jr. |
Attention focused on individual issues in a mixed, uncertain stock market Thursday with many changes
INSURANCE BRIEFS
From Wire and Staff Reports |
Chamber of Commerce Hits Acute-Care PlanThe U.S. Chamber of Commerce criticized Reagan admin
ON THE MOVE EX-SENATOR ANDREWS SETS LOBBY FIRM
Staff Report |
Former U.S. Senator Mark Andrews, R-N.D., formed Andrews Associates Inc., a government relations fir
REYNOLDS TOBACCO SELLS FOUR BRANDS
Journal of Commerce Staff |
R.J. Reynolds Tobacco USA said Thursday it sold four of its smoking tobacco brands to John Middleton
NYMEX TO LAUNCH HEATING OIL OPTIONS
Knight-Ridder Financial |
The New York Mercantile Exchange will launch trading of options on its heating oil futures contract
TOPGALLANT MAY MERGE WITH BCR LINES
Mark Magnier |
Topgallant Group Inc., which submitted the second lowest bid to carry Military Sealift Command Cargo
Maritime
EDITOR'S NOTE
JOC Staff |
Beginning this week, price changes for Naval Stores materials will be published on Mondays only in t
CHEMICAL MARKETS
Journal of Commerce Staff |
Phenolphthalein Prices Rise as Dollar FallsThe spot price of white phenolphthalein is moving
WEST COAST BRIEFS
From Wire and Staff Reports |
Japanese Businessman Gives Portland $5,000PORTLAND, Oregon - The head of a Japanese corporat
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Carolina Freight Sets Purchases for YearCHERRYVILLE, N.C. - Carolina Freight Corp. said it w
IMPORT FAIRS
From Wire and Staff Reports |
Chicago Will Host Housewares ExhibitionChicago's McCormick Place will be the site of the thi
Maritime
JAPAN OPENS DOOR TO FOREIGN LAWYERS
(Ap) |
Foreign lawyers can practice in Japan for the first time in 30 years under a law now in effect, and
Maritime
WORLD TODAY
From Wire and Staff Reports |
Treaties Proposed WASHINGTON - The Soviet Union has approached a number of West European cou
PREFERENCE BILL ADVANCES IN HOUSE
Tim Neale |
The House Merchant Marine & Fisheries Committee is expected to approve three maritime bills today,
WARNER-LAMBERT NARROWS ITS FOCUS STOCK RECOVERY FOLLOWED RESTRUCTURING FROM A LOOSE CONGLOMERATE
Timothy Mullaney |
In December 1985, Warner-Lambert Co. looked as if it were flat on its back. The $3.1 billion
CELERON PIPELINE GETS WATER TEST
(Ap) |
Water rushed into a $1 billion crude oil pipeline in a test of the line that stretches 1,225 miles
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COURT IN NJ TELLS TRUCK TAX TO HIT THE ROAD
Leo Abruzzese |
A New Jersey appeals court struck down a controversial truck tax and ordered the state to refund mor
COST OF CREDIT
JOC Staff |
Wednesday, April 1, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MORRIS: WORKING FOR DECONTROL
Maureen Robb |
Greg Morris is a hard man to reach these days. As the president of a new shipper-trucker gro
PEABODY COMPLETES PROPERTY ACQUISITION
Journal of Commerce Staff |
Peabody Holding Company, St. Louis, Wednesday said it completed the acquisition of mostly all the co
CANADIAN WHEAT STOCKS EXPECTED TO INCREASE
Knight-Ridder Financial |
Canadian all-wheat ending stocks in the 1987-88 (August-July) crop year are expected to total 17.118
PURCHASE PUTS KUWAIT DEEPER IN EUROPE'S DOWNSTREAM MART
Journal of Commerce Staff |
Kuwait added 389 gas stations to its fast-growing European retail network with the acquisition of Br
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