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RAIL LABOR STATUS ERODES ELITE UNIONS FACE CHALLENGES TO SURVIVAL
(Ap) |
For more than a century, the nation's railroad unions have constituted the aristocracy of U.S. labor
AVIATION BRIEFS
From Wire and Staff Reports |
Unicorp Raises Stake In Purolator CourierUnicorp Canada Corp., a management investment and h
TRAFFIC BRIEFS
From Wire and Staff Reports |
Suit by Gelco Claims Illegal Stock TradingGelco Corp. filed suit against a New York investor
PACCAR AND ROVER DISCUSS LEYLAND
Journal of Commerce Staff |
Talks between Paccar Inc. and Britain's state-owned Rover auto group lead ing to a possible takeover
B&O BOARD APPROVES MERGER OF RAILROAD
Journal of Commerce Staff |
The Baltimore & Ohio Railroad slid into history this week when directors formally approved its merge
REBEL ATTACKS CLOSE SURINAME BAUXITE MINE
Canute James |
Attacks by anti-government rebels have led to the closing of an important bauxite mine in Suriname.<
Maritime
TRANSPORT CALENDAR
JOC Staff |
Air Cargo Association Meeting, Dec. 4, Viscount Hotel, John J. Martuge, area director for the U.S.
PROGRAMS DON'T HELP US TRADE WITH MEXICO
(Ap) |
A federal study shows that trade between the United States and Mexico is not being significantly hel
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Kohl-Mubarak Meeting BONN, West Germany - West German Chancellor Helmut Kohl will meet with
Maritime
PROFIT-TAKING COOLS STOCK FEVER
RIPLEY WATSON Jr. |
The stock market paused to catch its collective breath Wednesday as profit- taking cooled down the s
MARITIME BRIEFS
From Wire and Staff Reports |
Intertanko Supports Gulf Escort ProposalIntertanko, the International Association of Indepen
Maritime
PORT PLAN ON HIRING APPROVED NEW ORLEANS ALLOWED TO REMOVE 18 JOBS FROM CIVIL SERVICE
Marie Prat |
The port of New Orleans won tentative approval of its plan to hire 18 management-level employees out
Maritime
TRADE FAIRS
From Wire and Staff Reports |
Computer Design Focus Of NY ExpositionsIMEX '86, the Integrated Manufacturing Exposition, an
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Pension Agency Wins Right to Terminate PlanThe Pension Benefit Guaranty Corp. won a ruling i
STUDY SHOWS FRAUD HELPED REBUILD SAN FRANCISCO
(Ap) |
The key word after the Great Earthquake and Fire in 1906 was fire - at least when it came to collect
MBIA PLANS FOR CHANGE
C.A. Carpenter |
The Municipal Bond Insurance Association announced its plans to reorganize and become a new company
NJ EXPECTED TO BACK JUA BAILOUT PLAN
(Ap) |
Supporters are predicting quick passage of a bill to reduce a $900 million deficit incurred by the J
AUSTRALIAN CRITICIZES S&P DEBT DOWNGRADING
Journal of Commerce Staff |
Federal Treasurer Paul Keating criticized the action of Standard & Poor's corp. in lowering Australi
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FARM LENDERS FEAR CHAPTER 12 FILINGS
Dirck Steimel |
Farm lenders, already reeling from a weak agricultural economy, are bracing for another round of far
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FARM INCOME, EXPORTS SEEN RISING
(Ap) |
Next year should bring some improvements in farm income and agricultural exports, and consumers will
DOLLAR DROP REVERSES UPTREND
Knight-Ridder Financial |
The U.S. dollar turned lower around midday Wednesday, reversing the uptrend in effect during the mor
GREECE LOOKS TO EC FOR FURTHER AID
Victor Walker |
In a move expected to ensure continuation of emergency European Community assistance, the Greek gove
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Deutsche Bank to Buy BankAmerica UnitFRANKFURT, West Germany - Deutsche Bank AG said it agre
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 3, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN HEADLINES
From Wire and Staff Reports |
Sudan Bank Fraud KHARTOUM, Sudan - Government investigators unearthed bank fraud so massive
Maritime
RAIL EXTENSION APPROVED FOR LONDON COMPLEX
Journal of Commerce Staff |
A 1.5 billion ($2.1 billion) U.S.-led project to develop a major financial complex in East London l
Maritime
SUMMIT ON DEBT TO BEGIN
Journal of Commerce Staff |
Treasury Secretary James Baker and U.S. Trade Representative Clayton Yeutter will be among the speak
Maritime
BRAZILIANS SPLIT ON DEBT POLICY FOES SAY HARD-LINERS FIGHTING FROM A POSITION OF WEAKNESS
James Bruce |
Threats of a hard-line Brazilian stance toward international creditors rest on an eroding foundation
Maritime
SHRINKING TRADE GAP FORECAST
Knight-Ridder Financial |
The U.S. trade deficit will be $25 billion to $40 billion narrower in 1987, causing an increase in U
ON THE MOVE
-Staff Report |
Insurer AppointsThree VPsCapital Guaranty Insurance Co. said Kurt Guen, Helene F. Ja
YEUTTER DASHES HOPES ON TRADE
Helen Ericson |
U.S. Trade Representative Clayton Yeutter is not optimistic that the new Congress will produce legis
FREE TRADE TOPS EC AGENDA
Janet Porter |
The recent acceleration of progress toward dismantling economic barriers within the European Communi
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSSales of new single-family homes in the United States fell 9 percent in October.
THE ECONOMY
From Wire and Staff Reports |
New Home Sales Fell 9 percent in OctoberSales of new single-family homes in the United State
GM EMPLOYEES RETURN TO WORK
(Ap) |
Workers at five more General Motors Corp. assembly plants were back on the job Wednesday for the fir
BUSINESS PANEL DETAILS TOP CONSUMER CONCERNS
(Ap) |
Fraudulent advertising and a variety of financial concerns are the top consumer problems facing regu
LAVA HOT, CLAIMS ARE NOT
Alan Herbert |
Volcanic eruptions are among the most awesome sights nature can create. But since most peopl
RYDER FIRM ON ENGINES
Michael S. Lelyveld |
Ryder Truck Rental is cooling its rhetoric but says it will keep the heat on engine makers to set in
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