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MULRONEY OPTIMISTIC ON US PACT
(Ap) |
The free-trade pact Canada is negotiating with the United States could serve as a model for countri
Maritime
TRADE BILL WINDS THROUGH PANELS
Helen Ericson |
Widely scattered sections of the omnibus House trade bill are making smooth progress toward floor co
NJ TRANSIT GETS OK FOR PENN STATION WORK
Journal of Commerce Staff |
The Port Authority of New York & New Jersey said it has authorized payment of up to $10 million to N
SFSP RAIL MERGER FACES UPHILL BATTLE
David M. Cawthorne |
Santa Fe Southern Pacific Corp. may have painted itself into a regulatory corner in its efforts to g
PAYMENTS DEFICIT WIDENS IN QUARTER
Knight-Ridder Financial |
The U.S. payments deficit on its current account widened to a seasonally adjusted $36.837 billion in
ATOMIC POWER AT CROSSROADS IN LILCO FIGHT
Sam Glasser |
Long Island Lighting Co. is in the eye of a controversy that will have a profound impact on the futu
NEW TRADE CLASH LOOMS FOR US, JAPAN TRANS-PACIFIC CABLE DRAWS FIRE
Richard Lawrence |
A major new U.S.-Japanese trade policy clash over a proposed $400 milliontrans-Pacific telec
LONG-TERM HEALTH PLAN INTRODUCED BY AETNA
Leah R. Young |
The first employer-sponsored group insurance plan for long-term health care is off the drawing board
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN HEADLINES
From Wire and Staff Reports |
Arms on Display BANGKOK, Thailand - A major international arms exhibit opened in Bangkok on
Maritime
NAKASONE BACKS 5 PERCENT SALES TAX
(Ap) |
Prime Minister Yasuhiro Nakasone said he has no intention of revising the ruling Liberal Democratic
Maritime
PORT SHRUGS OFF SEA-LAND MOVE
Marie Prat |
Sea-Land Corp.'s plan to convert its Puerto Rico service at New Orleans from water to rail won't aff
Maritime
MARAD PAYS DEFAULT ON TANKER
Journal of Commerce Staff |
For the second time in a month the Maritime Administration has paid off govern ment-insured debt hol
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Gotaas-Larsen Orders 5th Ship From DaewooHAMILTON, Bermuda - Gotaas-Larsen Shipping Corp. ha
Maritime
SEAMEN IN BRAZIL CONTINUE TO STRIKE
Knight-Ridder Financial |
A strike by seamen on domestic ship lines in Brazil continued into its 19th day Tuesday, but the Sa
Maritime
US GRANTS IMMUNITY IN SHIPYARD INQUIRY
(Ap) |
A retired official of General Dynamics Corp. and a vice president at Electric Boat have been granted
Maritime
CHEAPER OIL MAY NOT PROVIDE SMOOTHER SAILING FOR TANKERS
Bruce Barnard |
The tanker market, in deep recession since the 1973-74 oil price shock, faces an uncertain future de
Maritime
CATHAY PACIFIC TO SERVE TORONTO
P.T. Bangsberg |
Cathay Pacific Airways Ltd. won swift approval Monday for new routes to North America over the objec
SEA-LAND SERVICE TALKS TO USL ABOUT PURCHASE OF TWO ROUTES
Mark Magnier |
Sea-Land Service is talking to United States Lines Inc. about buying USL'strans-Pacific and
WASHINGTON CONSIDERS TAX ON CARGO
Gloria Joseph |
Ports and the maritime industry have evolved dramatically over the last 10 years, while state tax la
Maritime
WEIGHTED MESSAGE
JOC Staff |
The port of Long Beach is running a community awareness campaign aimed at informing local residents
Maritime
DOLLAR MOVES HIGHER ON UK BUDGET NEWS
Knight-Ridder Financial |
The U.S. dollar moved up slightly Tuesday on the strength of sterling/ deutsche mark crosses and wha
FAO REPORTS DRASTIC DROP IN '86 WORLD RICE PRICES
Journal of Commerce Special |
Weak demand and large supplies in 1986 caused the heaviest decline in international rice prices sinc
FINANCIAL BRIEFS
From Wire and Staff Reports |
Amex Considering Unit For Institutional TradeThe American Stock Exchange said it is consider
RUBBER GROUP SET TO APPROVE NEW AGREEMENT
(Ap) |
Forty natural rubber producing and consuming countries have scheduled formal adoption of their new p
EC URGES JAPAN TO OPEN MARKETS
(Ap) |
The European Community called on Japan to do more to open its market to EC products, saying it was w
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Harley-Davidson Seeks End of Import TariffsHarley-Davidson Inc. said it is petitioning the I
Maritime
IVORY COAST PUSHES TIMBER
Howard Schissel |
Ivory Coast, the West African nation with the largest forestry industry, intends to boost its sales
Maritime
MEXICO PREPARES TO SIGN LOAN AGREEMENT WITH US
WILLIAM A. ORME Jr. |
Finance Minister Gustavo Petricioli flew to the United States Tuesday to prepare for Friday's planne
Maritime
EUROPEAN COMMUNITY RECORDS TRADE SURPLUS
(Ap) |
The European Community said it recorded its first trade surplus in 1986. The EC Commission s
Maritime
ON THE MOVE CAPITAL HOLDING TAPS N. PHELPS
JOC Staff |
Capital Holding Corp. named Norman L. Phelps chief executive of this insurance holding firm's recent
HOUSING STARTS RISE TO 10-MONTH HIGH
(Ap) |
Housing construction increased 2.6 percent in February, registering the highest level in 10 months,
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Century 21 Real Estate To Expand Into BritainIRVINE, Calif. - In its first major internation
Maritime
FMC REORGANIZATION TARGETS MORE MUSCLE
Robert F. Morison |
The Federal Maritime Commission designed its recent reorganization to add formal muscle to its tough
Maritime
POLLUTION MARKET BEGINS TO EASE
C.A. Carpenter |
Pollution insurance is becoming slightly more available as new capital from both inside and outside
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Massey Combines Sells 48 Units to SaudisBRANTFORD, Ontario - Massey Combines Corp. said it h
Maritime
CANADIAN GROUP WINS RADAR PACT
Mark Wilson |
After an 11-year effort, a Canadian consortium has won a C$25.8 million contract to equip Hong Kong,
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Insurers Warned Of Federal RegulationSen. Ernest Hollings, D-S.C., warned the insurance indu
TARGETING PROPOSALS AIRED
Knight-Ridder Financial |
The concept of targeting government farm program payments to the neediest producers is an effective
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