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Commentary
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FAVORABLE DATA DIDN'T END WORRY
John Boyd |
Good economic reports from the fourth quarter again failed to convince analysts that the U.S. econom
SONY TO PAY US $1.75 MILLION
(Ap) |
The Sony Corp. of America has agreed to pay the federal government $1.75 million for failing to prov
R&D SEEN SHIFTING FOCUS TO SERVICES
Journal of Commerce Staff |
New corporate research and development centers probably will focus on the fast-growing service indus
ON THE MOVE
Staff Report |
Morton Thiokol Names HaracTo Sales PostMorton Thiokol Inc. named Sidney Harac intern
EX-IM BANK OUTLINES CREDIT INSURANCE PLAN
Journal of Commerce Staff |
The Export-Import Bank announced its first export credit insurance policy to help a U.S. trade assoc
JAPAN TARGETS US CHIPS TOKYO WANTS PROBE ON POSSIBLE DUMPING IN THIRD NATIONS
A.E. Cullison |
The Reagan administration once again will be requested by the Nakasone government to monitor prices
DHL NOT SHYING AWAY COMPANY STILL LOOKING TO BUY A COMPETITOR
Larry Sterne |
Charles A. Lynch, the new president and chief executive of DHL Corp., says the privately held air ex
P&W STAFF ACCEPTS CUTS IN JOB RANKS
(Ap) |
Pratt & Whitney has announced that nearly 2,000 salaried workers in four states have agreed to early
MATSUSHITA MOVE NO SURPRISE
A.E. Cullison |
Japan's electronics industry showed little surprise at Matsushita Electric Industrial Co.'s recent r
Maritime
MCDONNELL DOUGLAS DELAYS DELIVERIES
(Ap) |
McDonnell Douglas Corp. has notified customers that deliveries from its Long Beach aircraft plant wi
NPC CHIEF SEES INCREASES IN OIL PRICES, END OF GAS GLUT
Journal of Commerce Staff |
The chairman of the National Petroleum Council, an advisory group to the president and Congress mad
SPOT PRODUCT PRICES
JOC Staff |
January 9, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
GAS INDUSTRY LOOKS FORWARD TO FUTURES TRADING
Dallas Morning News |
Four years ago, the first sale of a crude oil futures contract threatened to set the oil industry on
WATERMAN, SEA-LAND LOSE SUBSIDY APPEAL MARAD WON'T RETHINK DECISION GRANTING CARRIERS MORE FREEDOM
Robert F. Morison |
The Maritime Administration has refused to reconsider a decision giving subsidized liner companies m
Maritime
ECUADOR'S OIL PRICE HITS $16 A BARREL
(Ap) |
The price Ecuador receives for its crude oil reached $16 a barrel, the highest level since oil price
PRICES RISE IN EUROPE CONFIDENCE IN OPEC SUCCESS SPURS INCREASES
Edwin Unsworth |
Prices of crude oil were quoted about 10 cents a barrel higher on the European spot market at the cl
FRIGID WEATHER HITS SOVIET PRODUCTION
JOC Staff |
A severe cold wave disrupted production at the Tyumen gas and oil fields in western Siberia and is t
SUBROTO SEES OIL ABOVE $18
(Ap) |
An Indonesian Cabinet Minister says he expects oil prices to go above $18 a barrel soon if producers
ENERGY BRIEFS
From Wire and Staff Reports |
Mexico Renews Pact For Oil Sales to IsraelMexico renewed its contract to sell 40,000 barrels
VENEZUELA DENIES ENERGY MART MOVE
(Ap) |
Venezuela denied that it has been approached officially by the United States to form a common energy
PRICE DIFFERENTIALS FOR CRUDE WIDEN
Knight-Ridder Financial |
Differentials between cash and futures prices for crude oil, heating oil and gasoline widened signif
ENERGY BRIEFS
From Wire and Staff Reports |
Burger King Installing Cogeneration SystemsAmerican Private Power Inc., a cogeneration proje
W. CANADIANS GEAR FOR CUTS
Brian Lewis |
Western Canadian coal exporters are gearing up for further price and volume cuts when contracts with
FAIR PLANS GAIN POPULARITY
James Nolan |
Small property owners in the nation's inner cities are falling back on emergency insurance plans in
ALL SYSTEMS GO FOR MBIA
C.A. Carpenter |
MBIA Inc. said it will close its first deal this week as a new municipal bond insurer. The d
MALPRACTICE ACT CHALLENGED IN NY GROUP SAYS INADEQUATE RATES THREATEN INSURERS' SOLVENCY
Paula L. Green |
A coalition of insurance industry interests have charged in a federal suit that inadequate rates wil
INSURANCE BRIEFS
From Wire and Staff Reports |
Australian Insurer To Sever S. African TiesJOHANNESBURG, South Africa - Colonial Mutual Life
NEW YORK BAR BACKS SEVEN TORT PROPOSALS
Journal of Commerce Staff |
The New York State Bar Association, in a letter last Friday to Gov. Mario Cuomo and state legislator
AUSTRALIA'S SUGAR INDUSTRY SOUR ON US SWEETENERS
Vincent W. Stove |
Miffed by a drop in their export quota to the United States, Australian sugar producers are agitatin
Maritime
MEXICAN INFLATION TOPPED 100 PERCENT IN '86
WILLIAM A. ORME Jr. |
Mexico's annual inflation rate broke the triple-digit barrier for the first time in 1986, the centra
Maritime
CHINA CUTS DEFICIT IN JAPAN TRADE
(Ap) |
The Japanese trade surplus with China for last year is estimated at US$4 billion, down from the US$5
Maritime
BUDGET WILL BENEFIT MD. WATER PROJECTS
Journal of Commerce Special |
Maryland will receive $80.9 million for various water projects during the 1988 fiscal year, accordin
Maritime
YUGOSLAVIA SEEKS MONEY FROM ABROAD
(Ap) |
Faced with growing economic problems, Communist Yugoslavia plans to adopt constitutional changes op
Maritime
SHIP'S CREW RISKS LIVES IN HIGH-SEAS RESCUE BID
Craig Dunlap |
Atlantic Xpress' Container Trader will be several days late in arriving in Charleston, S.C., but the
Maritime
BALTIMORE ILA COUNCIL LEADERS LOSE SEATS TO LOCAL 333 OFFICIALS
Journal of Commerce Special |
Horace Alston and Richard Hughes have been ousted as leaders of the Internation al Longshoremen's As
Maritime
SHIPPERS WANT CONFIDENTIALITY IN CONTRACTS
Alan F. Schoedel |
Greater confidentiality in service contracts with ocean carriers will be a major goal of shippers -
Maritime
GUINNESS FAMILY BACKS CHIEF
(Ap) |
A Guinness family member said that he and his family don't want the embattled chairman and chief exe
Maritime
P&O TO BUY FIRM OWNING TECH CENTER
(Ap) |
Peninsular and Oriental Steam Navigation Co., the giant British conglomerate, agreed to purchase the
Maritime
WASH. LOOKS TO THE WEST
Gloria Joseph |
Key economic development leaders in Washington state highlighted the state's growing ties with Pacif
Maritime
US, EC CORE OF AGRICULTURAL UNREST US ADVOCATES MARKET APPROACH TO FARM TRADE
Richard Lawrence |
A more market-oriented world agricultural trading system is a top Reagan administration priority in
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