Latest news

United States Lines said it is pulling out of the TransPacific Westbound Rate Agreement early next y

The government has shifted the exchange rate on most imports to increase costs by 25 percent and giv

BankAmerica to Close 8 Hong Kong OfficesBankAmerica Corp. will close eight of its 11 Hong Ko

China's textile and apparel sales to the United States are expected to soar to more than $2 billion

William Dement is known as the father of sleep disorders medicine" primarily for having founded the

Pfizer Inc. announced that on Nov. 30, 1986, it entered into a merger agreement with Angiomedics Inc

After an absence of nearly 30 years, trans-Hudson ferry service has been revived between this river

The U.S. oil industry, ending a year of unprecedented losses because of falling prices, is reprising

South Africa Transfers Reserves Out of USSouth Africa recently transferred $5 billion worth

The damaged Three Mile Island Unit 2 nuclear reactor will be put in storage indefinitely after a $1

Sterling Drug Inc. acquired substantially all of the prescription pharmaceutical line of products fr

The United States and Soviet Union will sign a massive arms reduction pact in the next two years, tr

Treasury Secretary James A. Baker III criticized plans that would offer broad debt forgiveness and i

A Japanese businessman is plotting to overturn his government's tight ban on rice imports by any mea

The German Insurance Industry Association pointed out in its first reaction that the EC court ruling

A group of businessmen and attorneys is pushing for legislation that would require legal costs in la

Companies proposing to change commercial insurance rates by more than 10 percent a year first must o

Japanese insurance companies are not likely to simply liquidate large-scale securities and currency

The stock market continued on Thursday the laborious process of digesting its big gains of Tuesday,

There is still no sign that Moscow is ready to abide by a long-term agreement to buy U.S. grain, par

Coal consumption by Indonesia's power plants will hit 5 million tons by 1990 and 8 million in 1995,

Olin Hikes Caustic Soda,Chlorine PricesOlin Corp. increased its off-list prices of c

The Jacksonville Port Authority has pared down its $104 million wish list to a $25 million capital e

The dust has settled a bit and after surveying the scene left by United States Lines' service suspen

African producers of robusta coffee held a two-day meeting here to discuss boosting production which

Speakes Resignation WASHINGTON - Presidential spokesman Larry Speakes said he is resigning h

GENERAL NEWS The emerging Iran arms sales could reduce White House clout and complicate many

Singapore-Burma Talks RANGOON, Burma - A Singapore delegation led by Deputy Prime Minister G

The French government is expected to pick an industry outsider as the new chairman of Renault, the s

Matlack Inc. will expand its bulk commodities transfer and trucking network in the Midwest by adding

US-Canada Link Opens After Barge Is FreedBUFFALO, New York - Workers extricated a salvage ba

Residential natural gas rates are expected to rise slightly next springbecause of an overhau

North Korea defended its construction plans for a dam north of the demilitarized zone, saying South

The departure of United States Lines from the North Atlantic will provide only a temporary respite f

The controversy over U.S. arms sales to Iran and the diversion of funds to the Nicaraguan rebels cou

Business executives in the United States and England fear the Iran arms controversy could seriously

QUESTION OF THE DAY: On everyone's mind, of course, is the Iran/contra/Afghan/ Wh ite House connecti

The recent opening of an Australian merchant bank in the United States highlights the increasing mov

DOT Gives TWA Nod To Sell Part of PARSThe Department of Transportation said it would allow N

The world cement trade will become increasingly dependent on North African and U.S. import demand du