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RCA TO SELL TUBE PLANT IN BRAZIL
Journal of Commerce Special |
The local subsidiary of RCA Corp. is selling its color television tube production facility to a Braz
Maritime
US INVESTORS LEAD FLIGHT FROM BRAZIL
James Bruce |
Lured by more attractive tax laws back home or spooked by price freezes and rising nationalism here,
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The U.S. economy showed signs of re-inflating as the government reported a shar
Maritime
WEAKER DOLLAR SWELLS US TOURISM
A Staff Report |
The United States is a hot spot for tourists from all over the world, thanks largely to the weak dol
NIPPON STEEL TO LAY OFF 19,000
A.E. Cullison |
Nippon Steel Corp., the world's largest steel product manufacturer, informed its 54,000-member union
JAMAICA-ALCAN PRICING DISPUTE WILL BE DECIDED IN ARBITRATION
Canute James |
The Jamaican government and Alcan have sent to arbitration a dispute over the pricing of alumina (re
MARITIME BRIEFS
From Wire and Staff Reports |
Canal Panel Sets Up Apprentice ProgramThe Panama Canal Commission March 9 will establish Mar
Maritime
THE ECONOMY WHOLESALE PRICES JUMPED IN MONTH
JOC Staff |
The U.S. economy showed signs of re-inflating Friday as the government reported a sharp gain in whol
EX-IM PLAN TARGETS FOREIGN CUSTOMERS
Journal of Commerce Staff |
The Export-Import Bank said it will begin financing operations and maintenance contracts of U.S. fir
CONSUMER CONFIDENCE TAKES SHARP DROP
Journal of Commerce Staff |
Consumer confidence, which held at relatively high levels throughout most of 1986, dropped sharply i
HERMAN SHOWS UP AT IBU PICKET LINE SIGN OF SOLIDARITY
Gloria Joseph |
Solidarity among West Coast unions motivated James Herman, president of the International Longshorem
Maritime
SUBSIDY BILL SEEN AS A BEGINNING REACTION RESTRAINED
Robert F. Morison |
Reaction was restrained to the introduction in Congress of the first of what will be a raft of bills
Maritime
USED CRANES HELP PORT COPE WITH CARGO GROWTH
Carl Cahill |
The number of tons of imported steel moving through the state-owned terminal here is rising rapidly
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
JUSTICE DEPARTMENT TAKES STAND AGAINST SERVICE PACT LIMITATIONS
Robert F. Morison |
The Justice Department's Antitrust Division doesn't support ocean carriers' ef forts to limit provis
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Retail sales plummeted a record 5.8 percent in January. Page 3AFINANCIAL
Maritime
ANALYSTS EXPECT OPEC TO HOLD FIRM ON OUTPUT
(Ap) |
Some members of the Organization of Petroleum Exporting Countries may be cheating on their productio
FINANCIAL BRIEFS
From Wire and Staff Reports |
S&P Rates Tokyo Debt Preliminary Triple-AStandard & Poor's Corp. assigned a preliminary trip
PICKENS GROUP SELLS SHARES IN DIAMOND SHAMROCK CORP.
(Ap) |
A partnership headed by oilman T. Boone Pickens Jr. has sold its stock in Diamond Shamrock Corp. af
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
OIL IMPORT TAX GETS THUMBS DOWN
Dallas Morning News |
Weeks before the release of a Reagan administration study on the national security implications of r
OCCIDENTAL SIGNS INDONESIAN PACT
Journal of Commerce Special |
Pertamina, the Indonesian state oil company, signed an oil exploration and production contract with
MERRILL SELLS HONG KONG STAKE
P.T. Bangsberg |
After five years of anguish, Merrill Lynch's thundering herd is quietly shuffling away from a Hong K
ENERGY BRIEFS
From Wire and Staff Reports |
Japan's Arabian Oil Expects Profitable YearArabian Oil Co., Japan's largest oil producer, is
CHEVRON ACQUIRES ALL HBC SHARES
Journal of Commerce Staff |
Chevron Corp. acquired all outstanding shares of Huntington Beach Co. HBC shareholders are entitled
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR MOVES UPWARD BASED ON THREE RUMORS
Knight-Ridder Financial |
The U.S. dollar rebounded Thursday from a morning downturn traced to soft U.S. retail sales figures.
STOCKS DECLINE IN HEAVY TRADING
Gordon Platt |
Stocks declined in heavy trading Thursday on news federal prosecutors filed insider trading charges
APPROACH OF NUCLEAR AGE HAS MEXICANS JITTERY
(Ap) |
Mexico is on the verge of entering the age of nuclear power with the opening of its Laguna Verde pow
PREMIUM TAX EXPANSION PLAN COMES UNDER FIRE IN FLORIDA
Paula L. Green |
The Florida insurance deparment and a trade group representing Florida insurers are opposed to the g
EARLY G-5 MEETING TERMED 'DIFFICULT'
(Ap) |
Japanese Prime Minister Yasuhiro Nakasone indicated an early meeting of the Group of Five will be d
INSURANCE BRIEFS
From Wire and Staff Reports |
150 Groups Join To Fight Budget CutsOne hundred fifty groups representing physicians, hospit
FMC TIGHTENS PROCEDURE RULES
Journal of Commerce Staff |
The Federal Maritime Commission will tighten the rules governing cases it handles, despite grumbling
Maritime
TACOMA PREPARES FOR PROJECT TERMINAL APPROVAL NEEDED SOON TO MEET CONSTRUCTION DEADLINE
Gloria Joseph |
There's a mysterious new tenant expected at the port of Tacoma withinsix months, but port leaders ar
Maritime
POLICY DISPUTE IN TRUCKING GIVES RISE TO INTRIGUE
Leo Abruzzese |
A festering policy dispute within the trucking industry led to a game of musical chairs this week am
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Retail sales plummeted a record 5.8 percent in January. Page 3AFINANCIAL
UK, SOVIET BANKS FUND US EXPORTS TO USSR
Journal of Commerce Staff |
A U.S. manufacturer will export agricultural equipment to the Soviet Union with the help of a Britis
CAPITAL FLOW INTO LDCS SLOWS
Neel Patri |
The climate for private foreign investment in the Third World is improving, but capital flows are sl
UPJOHN'S INCOME INCREASES 28 PERCENT
Journal of Commerce Staff |
Upjohn Co. reported fourth quarter net income of $64 million, or $1.03 a share, up 28 percent from $
REAGAN BACKS EXPANDING MEDICARE TO PROVIDE CATASTROPHIC COVERAGE
Leah R. Young |
President Reagan ended weeks of speculation by endorsing expansion of the Medicare program to provid
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