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STOCK PRICES FALL SHARPLY
Gordon Platt |
Stocks slumped Thursday after three straight days of gains. Analysts attributed the sharp se
INSURANCE BRIEFS
From Wire and Staff Reports |
Insurers Given Advice On Tort Reform ImpactCasualty insurance companies in New York are on t
PRODUCT BILL F ILIBUSTER ENDS
Leah R. Young |
The Senate voted 97-1 to end a filibuster and get on with the debate over product liability law refo
WHEAT COUNCIL SEES RISE IN GLOBAL PRODUCTION
Knight-Ridder Financial |
The International Wheat Council estimated 1986-87 world wheat production at 511 million metric tons,
$4.8 MILLION IN CROPS DESTROYED BY PESTS
Knight-Ridder Financial |
Grasshoppers, rats, worms and other pests have destroyed crops in Nigeria worth more than $4.85 mill
WAH KWONG GETS A BOOST
Roger Schreffler |
The financially troubled Wah Kwong shipping group, seeking to win support for its debt restructuring
MARITIME BRIEFS
From Wire and Staff Reports |
South Korea Plans New Bay of Asan PortSEOUL, South Korea - South Korea's Construction Minist
Maritime
US CARRIERS REASSURED NEGOTIATOR SAYS CARGO TREATY WON'T SET PRECEDENT
Robert F. Morison |
The top U.S. negotiator insisted that a proposed new cargo-sharing treaty with Iceland sets no prece
Maritime
FOREIGN TRADE ZONE APPROVED FOR STIHL AT VIRGINIA BEACH
Journal of Commerce Special |
Virginia Port Authority commissioners ratified the establishment of a foreign trade zone for Stihl I
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
AT&T to Design University NetworkThe University of Southern California signed a $21.8 millio
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Sept. 13, 1986, total piggyback freight hauled on the nation's major railroads eq
SOME COMPANIES FIND LIFE IN OUTSOURCING
JOC Staff |
Although automation will help many U.S. companies survive, it's not a panacea that will enable all U
IIAA PANEL TO EYE INSOLVENCIES, LAWS
Journal of Commerce Staff |
The insolvency of Iowa National Mutual Insurance Co. has left 89 insurance agents financially respon
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COMMODITY BRIEFS
Wire and Staff Reports |
1986 Cocoa Agreement Is Signed by NigeriaNigeria Wednesday signed the 1986 International Coc
ARGENTINA EXPORTED LESS GRAIN IN AUGUST
Knight-Ridder Financial |
Argentina exported 1,848,745 metric tons of grain, oilseeds and grain subproducts in August, down fr
KOREA SHIPPING CORP. FIGURES IN NEW COMPLAINT TO FMC
Journal of Commerce Staff |
For the second time in less than a week, Korea Shipping Corp. was the subject of a complaint to the
Maritime
WATERWAYS CHIEF BIDS CAUTION ON USER FEES
Joseph Bonney |
The nation's inland waterways have ridden a cycle of boom and bust and need to regain their equilibr
Maritime
PLANT PULLED FROM RATE BASE
Journal of Commerce Staff |
Public Service Co. of Colorado will remove its Fort St. Vrain nuclear stationfrom its rate b
JONES-BLACK PACT WITH NIAGARA SET
Journal of Commerce Staff |
Jones-Black River Service Inc. will sell the electric output of its 49.9 megawatt coal-fired plant t
ARGENTINA PROPOSES TOUGH BANK REFORM
Jeremy Morgan |
The government of Argentina sent a financial reform bill to Congress amid continuing reaction to the
Maritime
EX-IM BANK BILL LIKELY TO BE INKED
Richard Lawrence |
President Reagan is likely to sign new Export-Import Bank legislation despite administration reserva
CANADA WOOS E. BLOC
Albert Axebank |
Canada, although no newcomer to East Bloc markets, lately seems to be more active in this area than
FMC DECIDES TO CANCEL FILING RULE DEADLINE
Journal of Commerce Staff |
The Federal Maritime Commission decided to put off its requirement that terminal service agreements
Maritime
G.D. SEARLE, BDC OUTLINE NEW DRUG DELIVERY VENTURE
Journal of Commerce Staff |
G.D. Searle & Co. announced a cooperative venture in drug delivery systems between Searle and the re
ENERGY BRIEFS
From Wire and Staff Reports |
Pennzoil to Transfer Production ActivitiesPennzoil Co.'s board approved the transfer of all
THROES OF CHANGE: AUTOMATION IS RADICAL, EXPENSIVE APPROACH
JOC Staff |
More than simply a means to cut labor costs, factory automation represents a radically new approach
ON THE MOVE
Staff Report |
Walsh Named To HeadUP RailroadUnion Pacific Corp. said it named Michael H. Walsh cha
BANK OF ENGLAND SEES STEADY INTEREST RATES
Janet Porter |
The recent depreciation of sterling against other major currencies does not yet call for an upward m
Maritime
EGYPT'S AUSTERITY PROGRAM HITS RICH AND POOR
(Ap) |
For the first time in recent memory, a financial austerity program is making all Egyptians - from th
Maritime
SENATE DEFEATS AMENDMENT ON CATTLE FUTURES TRADING
Knight-Ridder Financial |
The Senate voted 71-26 to defeat an amendment to the Commodity Futures Trading Commission reauthoriz
HOUSE APPROVES TAX BILL HALF-HEARTED SUPPORT ENOUGH
Linda Stern |
The House passed the tax reform bill by a comfortable margin, despite a growing body of opposition t
CARIBBEAN LOOKS TO ASIA FAR EAST FIRMS RESPOND TO CALLS FOR INVESTMENT
P.T. Bangsberg |
Caribbean countries are turning more and more to investment from Asia to stimulate their economies.<
Maritime
UK BACKS SOFT LOANS FOR CHINA
Jasper Becker |
British export projects to China will be given a boost through rare soft-loan facilities supplied by
HUGE DANUBE POWER PROJECT ANGERS SOME HUNGARIANS
(Ap) |
Hungarian environmentalists opposing a mammoth power project they say will cause lasting damage to a
MEXICANS AWAIT NOD ON LOAN
WILLIAM A. ORME Jr. |
Mexico's $6 billion fresh loan request and proposed $52 billion rescheduling pact should be approved
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS The House passed the tax reform bill. Page 3ABANKINGArgentina sent fin
GE SOFTWARE AIDS IN FOAM DESIGN
Journal of Commerce Staff |
General Electric researchers have developed a comprehensive software package, the first of its kind,
STALEMATE BIGGEST THREAT TO NEW ENGLAND ENERGY FUTURE
Charles Stein |
Back in 1978, Public Service Co. of New Hampshire warned of dark days ahead if the Seabrook nuclear
ISRAEL MAY BUY OIL FROM VENEZUELA
(Ap) |
Israeli Industry and Commerce Minister Ariel Sharon said his country may buy oil from Venezuela - a
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