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LENGTHY BATTLE FOR CONTROL RESULTS IN SECOND-QUARTER LOSS FOR XTRA
Michael S. Lelyveld |
The returns are in from the five-month battle for control of Xtra Corp., and they're anything but pr
INVESTORS FROM ASIA EMBRACE COSTA RICA
Larry Luxner |
Cash-flush South Korean and Taiwanese industrial investors were among the many who cheered Costa Ric
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
LABOR EXPECTS RULING ON DISPUTE IN RAIL SALERailroad labor officials expect a court ruling
DOLLAR TRADES MIXED AS SWISS FRANC GAINS US BOND ISSUE CREATES SUSPENSE
Knight-Ridder Financial |
The U.S. dollar was mixed Thursday, as attention focused on the Swiss franc, which continued to be t
MANAGING TRAFFIC
Greg Johnson |
TRUCK SHIPPERS ARE REACTING with glee as the Interstate Commerce Commission drops plans toallow moto
JAPANESE AID SOVIET PAYMENTS SYSTEM BANKS BRIDGE GAP BETWEEN SOVIET COMPANIES, SUPPLIERS
Gordon Platt |
Soviet trading companies have no system to pay their bills since the central clearing bank doesn't w
NICARAGUAN AIDE SAYS NATION IS ON THE VERGE OF BANKRUPTCY
(Ap) |
As thousands of government employees walked off their jobs demanding more pay, a top official said t
FLOODING WASHES OUT ARKANSAS RIVER BARGING
John Boyd |
Heavy flooding through Oklahoma and Arkansas continues to keep barge traffic off the 450-mile naviga
US BEEF EXPORTS TO JAPAN TO SOAR BUT US TARGET WON'T BE HIT
A.E. Cullison |
Total sales in Japan of U.S. beef products next year are expected to soar by nearly 50 percent to ab
MISSOURI RIVER BARGEMEN FEAR '90 SEASON LOST
John Boyd |
The birds could finish them off. Missouri River watermen, hastening to their destinations be
INSURERS MAY LIMIT DISASTER COVERAGE
Edwin Unsworth |
Insurers might withdraw or limit policies insuring against marine pollution or natural disasters in
US REVISES PROPOSAL ON GLOBAL TEXTILE QUOTAS
Bill Mongelluzzo |
U.S. negotiators at the General Agreement on Tariffs and Trade talks in Geneva next week will submit
CP RAIL BID FOR D&H GETS PAST BIG HURDLE
David M. Cawthorne |
An agreement that will inject a new element of rail competition into New England and the rest of the
MARITIME CALENDAR
JOC Staff |
Arbitration Day '90. May 11. New York. Forum held by Society of Maritime Arbitrators Inc. Hilton Hot
Maritime
TOP OF THE DAY EXPERT SAYS HEALTH PERILS OVERSEAS ARE PREVENTABLE
Mary Voboril |
The exhausted young traveler returned from Kenya with more than souvenirs andmemories of Kik
EX-IM BANK, AID OFFER HELP TO EXPORTERS
Richard Lawrence |
The Export-Import Bank and the Agency for International Development are expected to unveil today a p
SCHISM OVER WORKERS' COMP MAY PREVENT QUICK SOLUTIONS
Kenneth Silverstein |
Deep business-labor divisions over the causes of the crisis in the nation's workers compensation sys
INSURER INSOLVENCIES TRACED TO 'GREED'
Janet Aschkenasy |
"Greed" is the main ingredient in the increasingly common, sometimes devastatingly expensive insurer
THE ECONOMY
Wire and Staff Reports |
0.1 PERCENT INCREASE EXPECTED IN PRODUCER PRICESU.S. producer prices are expected to show a
PENSION PLANS DEFENDED COMPANIES SAY BENEFITS SAFE
Lorraine Iannello |
Officials with companies listed as having the nation's largest underfunded pension plans said Thursd
INSURANCE BRIEFS
Wire and Staff Reports |
PAN AM SETTLES SUIT OF LOCKERBIE FAMILIESThe families of ground victims of the terrorist bom
CANADIAN INSURERS BALK AT REFORM IDEAS
Leo Ryan |
Banks in Canada should be allowed to establish holding companies that could dabble in a range of non
INSURER REVIEWS FORBES' LIFE POLICY
Boston Globe |
Surely Malcolm Forbes, the late publisher of Forbes magazine (a.k.a. The Capitalist Tool), didn't co
CHEMICAL BRIEFS
From Wire and Staff Reports |
ARCO CHEMICAL PLANS $2.5 BILLION EXPANSIONNEWTOWN SQUARE, Pa. - Arco Chemical Co. plans to s
HOWARD SIMON'S SIMON SAYS
Howard Simon |
WHAT'S THE POINT of changing the police force if the rules are going to remain the same? That's prec
PHILLIPS TO FIGHT ALL OSHA FINES FROM TEXAS FIRE
Pei-Tse Wu |
Phillips 66 Co. will fight all 575 alleged safety violations in connection with last fall's explosio
ARGENTINE GRAIN TRADE HOUSES DENY PRICE FIXING CHARGES
Knight-Ridder Financial |
Representatives of five multinational trade houses Tnursday denied allegations, made by a senior Arg
LME APPROVES AREAS FOR WAREHOUSES IN US
Knight-Ridder Financial |
The London Metal Exchange has approved Baltimore, the Bridgeport/New Haven area and the Chicago/Tole
JAPANESE ASSOCIATION PROTESTS RISING COSTS
From Wire Reports |
Leaders of the Japanese petrochemical industry told Kabun Muto, international trade and industry min
PRODUCTS MARKETPLACE
JOC Staff |
EPOXY PLASTICIZER Union Carbide Chemicals and Plastics Co. Thursday said the price of its Fl
AIR PRODUCTS TO ADD GAS CAPACITY IN ALA.
JOC Staff |
Air Products and Chemicals Inc. said it will begin construction this summer of a 650-ton-a-day merch
COMMODITY BRIEFS
From Wire and Staff Reports |
UNICAFE LOWERS FORECAST FOR BRAZIL'S COFFEE CROPSANTOS, Brazil - Unicafe SA, one of Brazil's
COPPER FUTURES SEE GAINS PARED BY PROFIT-TAKING
From Wire and Staff Reports |
Profit-taking sharply pared gains for Commodity Exchange Inc. copper futures Thursday, turning a 175
US APPROVAL UNCERTAIN ON SOVIET BID FOR WHEAT
Knight-Ridder Financial |
U.S. exporters are uncertain the Soviet Union's bid for wheat under the export bonus program will b
MALAYSIA DELAYING DECISION ON JOINING COCOA ORGANIZATION
Knight-Ridder Financial |
Lim Keng Yaik, Malaysian primary industries minister, Thursday said more consultations between the l
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/10 5/9 Change % Change:
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INTERNATIONAL BRIEFS
Wire and Staff Reports |
MITTERRAND PROPOSES EUROPEAN CONFEDERATIONFrench President Francois Mitterrand Thursday prop
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
NY COURT SAYS UTILITIES CAN'T BILL FOR DONATIONSALBANY, N.Y. - It's unconstitutional for uti
NY LEGISLATORS SHOOT DOWN PROPOSAL TO TAX FUEL OIL
Journal of Commerce Special |
Rank and file members of the State Legislature shot down the proposal to eliminate the tax exemption
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