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NJ LEGISLATORS HAIL CALL FOR ACTION
Lorraine Iannello |
Not all are sure they'll like it. But legislators are anxious to hear New Jersey Gov. James J. Flori
INSURANCE BRIEFS
From Wire and Staff Reports |
AMERICAN INTERNATIONAL PAYS FINES TO NY STATENew York Superintendent of Insurance James P. C
JAPAN'S FOREIGN PLANTS COULD RESHAPE TRADE
Journal of Commerce Staff |
Beside buying large quantities of U.S. lumber, Japanese industry is reshaping the world's liner ship
HIGHER COTTON OUTPUT LIKELY TO SOFTEN PRICES
Linda Hopwood |
U.S. cotton production will increase this season over last and, not surprisingly, cotton prices are
BARGE SNAFU TO COST MILLIONS FOR SALVAGE, LOST CARGO, REVENUES MASSIVE CLEANUP EFFORT NEEDED
Dave Higdon |
Only a miracle-worker is missing from the concerted salvage effort at the Monongahela River's Maxwel
CHEMICAL BRIEFS
From Wire and Staff Reports |
JAPAN CHEMICAL WEEK OFFERS DIRECTORYA directory of Japanese and other Asian chemical firms i
US FOREIGN CURRENCY DEPOSITS TO HELP TRADERS
Kevin Commins |
U.S. importers and exporters nervous about using foreign banks now have an alternative: They can ope
CUSTOMS GETS TOUGH WITH TARDY BROKERS
Rosalind Rachid |
The U.S. Customs Service is preparing to enact for the first time a regulation that will temporarily
SANDOZ LICENSES HIMONT TO PRODUCE PLASTICS STABILIZER
Pei-Tse Wu |
Himont Inc. announced it had received a license from Sandoz Ltd. of Basel, Switzerland,to produce Sa
SOVIETS BUY MORE SUBSIDIZED US WHEAT
(Ap) |
The Soviet Union has bought an additional 525,000 metric tons of U.S. wheat at subsidized prices for
ETHYL CORP. EXPANDS IBUPROFEN CAPACITY
Journal of Commerce Staff |
Ethyl Corp., based in Richmond, Va., said it will expand capacity of ibuprofen at a plant in Orangeb
GENENTECH POSTS 4TH-QUARTER PROFIT
(Ap) |
Genentech Inc., a leading biotechnology company that has foundered financially, reported earnings of
PEOPLE - COMMODITIES MAHLMANN RE-ELECTED CHAIRMAN OF CBT
From Wire and Staff Reports |
Karsten "Cash" Mahlmann was re-elected to a fourth consecutive one-year term as chairman of the Chic
INTERNATIONAL BRIEFS
Wire and Staff Reports |
JAPAN'S CARMAKERS DECRY EXPORT CURBSMajor Japanese carmakers said they wanted to abolish vol
Maritime
US NAVY FRIGATE COLLIDES WITH TANKER IN BOSTON
Michael S. Lelyveld |
A Navy frigate on its way to a shipyard for maintenance struck a Liberian- flag oil tanker anchored
Maritime
LEGISLATORS WEIGH PLAN TO ABOLISH FLA. AGENCY
Craig Dunlap |
State legislators from Broward County, Fla., will listen today to a request to abolish the Port Ev
Maritime
ATLANTIC CONTAINER LINE NAMES THREE EXECUTIVE VICE PRESIDENTS
William Armbruster |
Atlantic Container Line gave new titles to three top executives Wednesday, just one day after the re
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 17, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
LONG ISLAND LIGHTING TO GET TAX REFUND
(Ap) |
The Town of Brookhaven will refund $20 million in property taxes to Long Island Lighting Co. for ove
FUEL OIL DEALERS, MAJORS REAP HOT PROFITS FROM COLD SPELL
(Ap) |
Local heating oil dealers and major oil companies took advantage of record heating oil demands in th
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
DURING THE DECEMBER FREEZE AND THE RUN-UP OF FUEL OIL PRICES, The Journal of Commerce was bombarded
BRAZILIAN OIL STRIKE CONTINUES
Journal of Commerce Special |
Petrobras, the state oil monopoly, reported no change in the strike situation Wednesday as Brazil's
REFINERY UTILIZATION RATE REBOUNDS
Journal of Commerce Staff |
Utilization rates at the nation's refineries rebounded from a decline caused by accidents and operat
'89 OUTPUT DROP STEEPEST EVER FOR US OIL
(Ap) |
Domestic oil production in 1989 took the steepest yearly fall in history, and petroleum imports rose
TEXACO TRADING HIKES CRUDE OIL POSTINGS
Knight-Ridder Financial |
Texaco Trading and Transportation Inc. late Tuesday raised its posted price for West Texas Intermedi
EUROPEAN CARRIERS THREATEN CAMPAIGN FOR 'OPEN SKIES'
Bruce Barnard |
The European Community Commission's attempt to break up Europe's powerful airline cartel is under th
Air Cargo
CORRECTION
JOC Staff |
General Electric Co.'s GE90 jet engine is designed for airplanes that will replace today's older gen
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
BA OFFICIAL SEEKS INDUSTRY LOBBY GROUPColin Marshall, British Airways deputy chairman, Wedne
Air Cargo
INDONESIAN STOCK MARKET LURES OVERSEAS INVESTORS
Gerry Marron |
Stock analysts laughed not too long ago when fund manager Roger Pyrke raised the possibility of esta
PEOPLE - MARITIME P&O CONTAINERS (TFL) PROMOTES OLE SWEEDLUND
From Wire and Staff Reports |
P&O Containers (TFL) Ltd. named Ole Sweedlund vice president of sales and marketing and also general
Maritime
CONFERENCE REVERSES STANCE ON BOSTON MASSPORT REMAINS WARY
Michael S. Lelyveld |
The Inter-American Freight Conference has reversed an earlier decision to drop its bill of lading fo
Maritime
SOABAR PRODUCTS MAKES MONEY BY MAKING LABELS
Valerie Reitman |
On a quiet residential street in Northeast Philadelphia, in a building resembling an elementary scho
TRADE DEFICIT WIDENS
John Davies |
One of the biggest single factors contributing to the widening trade deficit in November was an $895
EX-SMITH & KELLY OFFICIAL OPENS NEW SHIP AGENCY JOURNAL OF COMMERCE STAFF
JOC Staff |
From the ashes of bankrupt Smith & Kelly Co. has emerged a new ship agency company staffed by severa
COURT REMOVES LAWSUIT SHIELD FOR US FIRMS
(Ap) |
A unanimous Supreme Court ruled Wednesday that a doctrine restricting U.S. court review of foreign p
TRADE DEFICIT WIDENS
Richard Lawrence |
The U.S. trade deficit rose slightly in November, and forecasters are divided over the nation's trad
UK URGED TO TIGHTEN FISCAL POLICY
Knight-Ridder Financial |
A confidential International Monetary Fund report has called on the United Kingdom to further tighte
IBM REPORTS SHARP DROP IN EARNINGS FOR QUARTER
(Ap) |
International Business Machines Corp. announced fourth-quarter earnings fell 74 percent, largely bec
SOVIET LAW TO DISSOLVE INSURANCE MONOPOLY
Albert Axebank |
A new insurance law to be adopted by the end of this year should end the state monopoly on insurance
COMMODITY BRIEFS
From Wire and Staff Reports |
CBT AMENDS PROGRAM FOR DAY, NIGHT TRADINGThe board of directors of the Chicago Board of Trad
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