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SHIPPING, OIL FIRMS CLASH OVER WAIVER
Alan Abrams |
Frigid New Englanders might clash with American shipping interests over a request by three energy co
NYMEX HIKES MARGINS ON FUTURES
Knight-Ridder Financial |
The New York Mercantile Exchange said it raised margins on crude, heating oil and unleaded gasoline
US INVESTMENT OVERSEAS IS GOING ALMOST UNNOTICED
(Reuter) |
With all the clamor about foreign investors buying up America, a gradual and steady rise in U.S. inv
Maritime
CORRECTION
JOC Staff |
The information below corrects a table that appeared in The Journal of Commerce of Dec. 27, on Page
Maritime
MEDICARE CHANGES TO HIT EMPLOYERS
Journal of Commerce Special |
Employers beware: cost shifting is expected to occur as new Medicare physician payment rules take ef
EXXON PUTS LOSS AT $20 MILLION OR LESS IN BLAST
Lorraine Iannello |
Exxon Corp.'s combined property and liability losses for the recent explosion at the company's large
AS TANKER CREWS GET SMALLER, RISK OF ACCIDENTS LOOMS LARGER
Eric Nalder |
The Arco Anchorage steamed out of the Alaskan port of Valdez, its belly heavy with three times as mu
Maritime
PANAMA CLOSE TO GETTING FROZEN ASSETS FROM US INSURERS BALK AT CLAIMS
David Conn |
Insurers operating in Panama say they are under no obligation to pay for property damage resulting f
PEOPLE - INSURANCE
From Wire and Staff Reports |
NORTHWESTERN MUTUAL LIFE INSURANCE CO. (Milwaukee) - Joseph F. Meier of Oviedo, Fla., has been appo
BIG CHILL CUTS BOTH WAYS FOR PRODUCE IMPORTERS
Rosalind Rachid |
U.S. importers and foreign suppliers have begun their prowl for opportunities as the great Christmas
FINANCIAL BRIEFS
Wire and Staff Reports |
ARGENTINE AUSTRAL FALLS ON INFLATION FEARSBUENOS AIRES, Argentina - Argentina's currency, th
COAL BRIEFS
Wire and Staff Reports |
STRIKE MEDIATOR HOPES TO SETTLE BY NEW YEARNegotiations in the nearly nine-month-long coal m
INTERNATIONAL LOANS
Journal of Commerce Staff |
These loans were announced recently by lending agencies: CHILE - $210 million from the Inter
Maritime
A. TALMADGE DIES
Journal of Commerce Staff |
Alexander Talmadge, a high official of the International Longshoremen's Association, died on Tuesday
Maritime
DEREGULATION RUNS OVER TRUCK FIRMS
Ed Martin |
Ten years ago, like cowpokes bursting into a saloon, America's truckers roared through doors thrown
Trucking News
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SATELLITE LAUNCHES BY CHINA TO ROCKET
P.T. Bangsberg |
Officials in China say 1990 will be a bumper year for its space industry, with "an unprecedented num
Maritime
PRECIOUS METALS FALL AS GLOBAL 'HOTSPOTS' BEGIN TO COOL DOWN
Knight-Ridder Financial |
Commodity Exchange Inc. silver futures plummeted Wednesday amid technical selling spurred by signs o
US COMPANIES RIDE THE CREST OF INTERNATIONAL THEME PARK BOOM
(Ap) |
They came, they saw, they constructed roller coasters and water slides. Nearly seven years a
Maritime
CHINA PLANNING AGENCY GETS NEW DIRECTOR
(Ap) |
Vice Premier Yao Yilin, an economic expert who helped steer China back toward more central planning,
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
EXISTING HOME SALES PEAKED IN NOVEMBER
From Wire Reports |
Sales of existing single-family homes rose to the highest level of the year in November, the Nationa
ECOLAB FACES IFFY FUTURE
Knight-Ridder Newspapers |
For months, Wall Street speculators said Ecolab Inc. was heading for something big. Then the
NJ ENERGY FIGURE JOEL JACOBSON DIES AT THE AGE OF 71
(Ap) |
Joel Jacobson, New Jersey's first energy commissioner, who also served on the state Board of Public
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
P&LE SELLS INTEREST IN LINE TO CONRAILConsolidated Rail Corp. has completed its purchase of
Rail News
DOLLAR SLUMPS AGAINST MARK
Knight-Ridder Financial |
The U.S. dollar declined sharply against the deutsche mark Wednesday in very thin trading, while dri
BRAZIL AGAIN HALTS SUGAR SHIPMENTS CACEX APPEAL IS SUCCESSFUL
Knight-Ridder Financial |
The Bank of Brazil Foreign Commerce Department (Cacex) has won its appeal against a court injunction
COMMODITY BRIEFS
From Wire and Staff Reports |
SINGAPORE, SOVIET FIRMS FORM DIAMOND VENTUREThe Singapore-listed international trading compa
TOP OF THE DAY FEED SACK CHIC SWEEPS MINN.
Georgann Koelln |
It's gotten so that Linda Hemberger's three daughters have to restrain their mother every time they
NJ HEATING OIL CUSTOMERS ARE ADVISED TO BE CHOOSY
(Ap) |
As the price of home heating oil increases in New Jersey, a statewide consumer organization is advis
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
THE RUN-UP IN FUEL OIL PRICES over the past couple of weeks has been unprecedented. Severe,
IMPORT BRIEFS
Wire and Staff Reports |
US FINDS JAPANESE DUMPING PRESSESJapan manufacturers have been selling mechanical transfer
Maritime
BRAZIL SUSPENDS EXPORTS OF FCOJ
Knight-Ridder Financial |
Brazil has suspended all export registrations of frozen concentrated orange juice in light of "viole
COMMUNICATIONS NETWORKS ARE OFFERING MORE SERVICES
Tony Seideman |
Familiarity can breed confusion, experts on electronic messaging are saying. They see teleco
PEOPLE - TRANSPORT
Wire and Staff Reports |
ABF FREIGHT SYSTEM INC. (Fort Smith, Ark.) - Howard Johnson was named vice president, industrial rel
Trucking News
BOEING MAY CUT BACK WORK FORCE
John Davies |
Expected cutbacks in the Boeing Co.'s defense work and problems restarting jetliner assembly lines a
Air Cargo
FEDERAL EXPRESS, EMERY REJECTED FOR CHARTERS
Leo Abruzzese |
U.S. transportation officials rejected bids by Federal Express Corp. and Emery Worldwide for additio
Air Cargo
NEWS SUMMARY
JOC Staff |
* Trading With Hong Kong 4A * Tom Connors - Washington 8A* David White - Inside Talk on Ship
PANAMA CLOSE TO GETTING FROZEN ASSETS FROM US AGENCY READIES $400 MILLION
Keith M. Rockwell |
The U.S. Treasury Department is prepared to release roughly $400 million in seized assets to the Pan
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