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PEOPLE EXPRESS INC. REPORTS NET LOSS
Journal of Commerce Staff |
People Express Inc. reported a net loss in the third quarter of $112.9 million, compared with a net
KLM'S STRATEGY IN PLACE
Richard Malkin |
Jacques Ancher's answers are crisp and prompt, signaling the fact that he has thought through the my
TRAFFIC BRIEFS
From Wire and Staff Reports |
Gelco Turns Down Bid By Unidentified SuitorEDEN PRAIRIE, Minn. - Gelco Corp. said its board
SUPREME COURT TO HEAR TRUCK TAXATION CASE
Helen Ericson |
The Supreme Court agreed to hear arguments in a state truck taxation case involving roughly $400 mil
AIRBUS OPTIMISTIC ON A320 SALES 150-SEAT, SINGLE-AISLE PLANE TO BE INTRODUCED EARLY IN '87
Bill Mongelluzzo |
Airbus Industrie is counting on the introduction of its A320 model early next year to help put it on
ON THE MOVE
Staff Report |
Home Unit Names LaddNew Field VPHome Group Inc. promoted David N. Ladd to executive
WHO RUNS FIRMS? HONG KONG ASKS NATION PROPOSES TIGHTENING OF CONCEALED-OWNERSHIP RULES
P.T. Bangsberg |
New regulations to force disclosure of the true ownership of public companies will be published for
PHILIPPINE AID PROCESS SLOW
P.T. Bangsberg |
The struggling Philippine economy is getting some of the foreign backing it desperately craves, but
FOREIGN STEEL LOSES GRIP IN THE US
Journal of Commerce Staff |
Imported steel's share of the U.S. market is gradually declining, the American Iron and Steel Instit
US AND EC AT ODDS OVER MAIZE
Simon Cameron Moore |
Frans Andriesson, vice president of the European Community Commission, warned that another major row
HOME RESALES UP IN MOST STATES
(Ap) |
Georgia led a parade of 33 states and the District of Columbia in an increase in the sales of existi
AIDE TOUTS US REFORMS IN TAXES
Journal of Commerce Staff |
Japan might do well to follow the U.S. lead in tax reform, a senior Reagan administration official s
JAPANESE HAVE A YEN TO BUY US ASSETS
Gordon Platt |
Sanwa Bank Ltd.'s New York branch just arranged a deal whereby Hitachi Zosen of Japan will acquire C
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS Consumer confidence declined in October to its lowest level in more than three
CONSUMER CONFIDENCE FALLS TO 3-YEAR LOW
Journal of Commerce Staff |
U.S. consumer confidence declined in October to its lowest level in more than three years, the Confe
INSURERS TO TACKLE INFIGHTING
Russ Banham |
Enjoyment of the tropical sun will have a high priority as the National Association of Professional
WEAKNESS FOUND IN AUSTRALIA, UK
Journal of Commerce Staff |
The leading indexes for nine countries project economic weakness in Australia and the United Kingdom
N. ATLANTIC CONTRACTS READY FOR ILA VOTE
Alan F. Schoedel |
Members of the International Longshoremen's Association from Maine to Virginia will vote today on ra
'SEASPEAK' - IT COULD MAKE SEA LANES SAFER
Janet Porter |
When the Soviet cruise ship Admiral Nakhimov collided with the bulk carrier Petr Vasev in the Black
TUNG PACT AWAITS CREDITORS' SIGNATURES
P.T. Bangsberg |
After 14 months of tortuous negotiations, creditors of the Tung shipping empire have begun signing t
FARMERS DOWNPLAY CORN DUTY
Andrea Chancellor |
Midwestern corn producers said the $1.05 a bushel duty imposed by Canada on U.S. corn imports won't
EFFECT OF CHEAPER GRAIN FELT THROUGHOUT WORLD
(Ap) |
The impact of lower U.S. grain prices is being felt throughout the world, and an Agriculture Departm
SKAARUP GROUP RESTRUCTURING BULK SHIPPING FIRM MERGING 2 UNITS, PICKING NEW OFFICERS
Mark Magnier |
Skaarup Shipping Corp., a bulk shipping company with interests in chartering, management, ship owner
Maritime
TRADERS DON'T EXPECT ACCORD
Knight-Ridder Financial |
Japanese oil importers doubt Saudi Arabia will be able to hammer out an agreement with all the other
CLEARINGHOUSE TO PROCURE SUPPLIES FOR SOUTHWEST GAS
Journal of Commerce Staff |
Natural Gas Clearinghouse Inc. has agreed to procure U.S. and Canadian spot natural gas supplies for
PRICES HOLD STEADY AS TRADERS EYE OPEC
Bruce Barnard |
The oil markets are marking time as traders await the next move in the Organization of Petroleum Exp
MOBIL OIL TRIMS MARKETING AREA
Journal of Commerce Staff |
Mobil Oil Corp. said it will withdraw from marketing gasoline and diesel fuel in South Carolina, Iow
INDONESIA STRIVES TO KEEP PROJECT AFLOAT
P.T. Bangsberg |
High-level Indonesian officials are striving to keep alive a pioneering bilateral oil project in the
GATX PIPELINE SET FOR START-UP
Journal of Commerce Staff |
GATX Terminals Corp. has a new spur pipeline running from its Carteret, N.J., refined products termi
CHELSEA CREEK OPEN TO SHIPPING RESTRICTIONS IN EFFECT
Sam Glasser |
Chelsea Creek, a major channel for petroleum shipments going into Boston, was reopened to shipping
ENERGY BRIEFS
From Wire and Staff Reports |
Glomar Oil Rig Fetches 20 percent of Original PriceEDINBURGH, Scotland - An oil rig that a T
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
AMOCO TO HALT LEADED GASOLINE SALES
Chicago Tribune |
Amoco Corp. became the first major U.S. oil company to announce its intention to stop selling leaded
MARITIME BRIEFS
From Wire and Staff Reports |
CGM Appoints Host Baltimore Area AgentCompagnie Generale Maritime (CGM) appointed T. Parker
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
GM Van Nuys Plant Saved From ExtinctionThe team management method of production was credited
Maritime
CARGO SURCHARGE MAY BE DROPPED TWRA CONSIDERS CANCELLATION AFTER ILA RATIFICATION VOTE
John Davies |
A cargo surcharge that was to go into effect if cargo shipments were disrupted by a major longshore
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Allied-Signal Enters Pact With Italian FirmAllied-Signal International Inc. said it signed a
Maritime
STOCK MARKET MAY INCH AHEAD
Gordon Platt |
A slight acceleration in economic growth in an environment of continued low inflation should enable
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Chilean Debt Talks Scheduled for Nov. 17SANTIAGO, Chile - Hernan Somerville, Chilean foreign
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