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US COMPANIES LOSING THE BATTLE OF THE CHIP
Kevin D. Thompson |
U.S. computer chip makers are on shaky ground as Japanese manufacturers continue to garner more mark
NEW ORLEANS REVAMPS PRICING
Marie Prat |
The New Orleans Dock Board approved wide-ranging changes in the port's pricing structure, boosting g
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CCAL Adds Lisbon To Its ItineraryChristensen Canadian African Lines is adding direct sailing
Maritime
ROYAL INSURANCE POSTS STRONG RECOVERY IN US
Edwin Unsworth |
Royal Insurance PLC, one of Britain's biggest insurance companies, reported a record pretax profit f
US, CANADIAN FIGURES ON DEFICIT DON'T MESH
Journal of Commerce Staff |
Preliminary Commerce Department statistics place the U.S. merchandise trade deficit with Canada last
MASS. GOVERNOR TO UNVEIL LIABILITY REFORM PLANS
TOM McNIFF Jr. |
The governor of Massachusetts next week will file major liability insurance reform legislation that
BAGGED CARGO FEES CUT
Marie Prat |
The port of New Orleans added fuel to the fire of a Gulf Coast pricing war over bagged goods when it
Maritime
GA. SENATE DROPS PLAN FOR ADVOCATE
Journal of Commerce Staff |
The Georgia House is expected to reconsider insurance legislation that would give the insurance comm
ALAN HERBERT'S INSIDE TALK
Alan Herbert |
THIS SHOULD DISABUSE ANYONE of the notion there's nothing new under the sun. We've had a lot
A&A SERVICES RESULTS IN BLACK
JOC Staff |
Alexander & Alexander Services Inc., the nation's second largest insurance brokerage, reported net i
INSURANCE BRIEFS
From Wire and Staff Reports |
DOT Allows Smoking To Continue on AirlinesThe Transportation Department decided to continue
AGENCY AUTOMATION PROJECT UNDER WAY
C.A. Carpenter |
An independent insurance agency in Arizona is expected to begin testing next month a computer system
CATASTROPHIC CARE FUNDING EYED
Leah R. Young |
The bipartisan leadership of the House Ways and Means Committee wants to finance catastrophic acute
STOCKS GIVE GROUND ON SELL PROGRAMS
RIPLEY WATSON Jr. |
The stock market largely ignored the Tower Commission report on the White House's handling of the Ir
WEST COAST BRIEFS
From Wire and Staff Reports |
China Allowed to Open Los Angeles ConsulateA State Department official said China is being a
Maritime
WORLD MONEY FRONT DOLLAR DROPS ON ORDER FIGURES
Knight-Ridder Financial |
The U.S. dollar plunged sharply in early trading Thursday on news that durable goods orders fell mor
FRANCE, ITALY SETTLE ROW ON G-5, G-7
JOC Staff |
French President Francois Mitterrand has settled a dispute with Italy over international monetary is
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FINANCIAL BRIEFS
From Wire and Staff Reports |
Navistar International Ratings Are UpgradedMoody's Investors Service said it upgraded the ra
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
DEVELOPERS COMPETE FOR PORT LAND
Maureen Robb |
Developers are vying for the right to renovate a prime waterfront area controlled by the port of San
Maritime
TODD REACHES SEATTLE ACCORD
A STAFF REPORT. This story was written by Gloria Joseph, John |
Todd Shipyards announced that it reached a tentative agreement covering 1,000 workers at its Seattle
Maritime
BRAZIL, CHINA AGREE TO CUT TIN EXPORTS
P.T. Bangsberg |
Two more major tin producers, China and Brazil, will reduce exports this year in hopes of boosting p
MEXICO'S STEEL DRIVE HINDERED
WILLIAM A. ORME Jr. |
Mexico is winning new foreign customers and credits for its indebted, overbuilt state steel business
Maritime
R.J. REYNOLDS MAKES MANAGEMENT CHANGES
Journal of Commerce Staff |
RJR Nabisco Inc.'s R.J. Reynolds Tobacco Co. unit realigned the management structure of its worldwid
COST OF CREDIT
JOC Staff |
Thursday, Feb. 26, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SHEARSON SEES GOLD PRICES AT $425 IN '87
Knight-Ridder Financial |
Gold is expected to average $425 an ounce in 1987, compared with an average of $368 in 1986, Shearso
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Korea Plans Fund To Help Third WorldSEOUL, South Korea - South Korea plans to create a fu
Maritime
TRADE CENTER'S CHIEF LOVES JOB
William Armbruster |
Guy F. Tozzoli received eight different job offers from the private sector after he announced his pl
Maritime
FOOD SYSTEM SALES RISE
(Ap) |
Preliminary estimates by the Agriculture Department show the food marketing pipeline, extending from
COMMODITY BRIEFS
From Wire and Staff Reports |
Malaysia Forecasts Bullish Rubber MartKUALA LUMPUR, Malaysia - Malaysia's rubber market is e
CRUDE PRICES RALLY IN EUROPE
Bruce Barnard |
European oil prices rallied by 40 cents a barrel Thursday after falling sharply for three consecutiv
IRAQI, SAUDI MINISTERS TO DISCUSS OIL SITUATION
Journal of Commerce Special |
Iraq's deputy prime minister Taha Yassin Ramadan and oil minister Qassim al- Oraibi arrived here for
VANCOUVER PARTNERSHIP BIDS FOR BIG SHIPYARD
Mark Wilson |
A powerful partnership, soon to include the First City financial group of Vancouver, has bid nearly
Maritime
GREECE VOWS TO PROCEED WITH OIL GROUP BUY-OUT
(Ap) |
The government said that it will proceed with plans to take over a Canadian, U.S. and West German co
ENERGY BRIEFS
From Wire and Staff Reports |
Ecuador Seeks OK For Oil Price CutQUITO, Ecuador - Ecuador is seeking OPEC approval to lower
WON APPRECIATION REPORTED IN SEOUL
(Ap) |
South Korea has decided to appreciate the won against the U.S. dollar by 6 percent by the end of thi
Maritime
COMMITTEES REJECT ALTERATIONS IN NUCLEAR DISPOSAL PLANS
(Ap) |
Two key congressional committees are turning thumbs down on the Reagan administration's controversia
SWISS ATTACK LAUNDERING OF MONEY
(Ap) |
The Swiss Justice Ministry unveiled a legislative project that would make the ''laundering" of money
Maritime
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