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PHILLIPS PETROLEUM HAS $70 MILLION DEDUCTIBLE ON DESTROYED FACILITY
Janet Aschkenasy |
A spokesman at Phillips Petroleum Co. told The Journal of Commerce Thursday that the company will ha
LABOR DEPARTMENT SUES INSURER OF PENSION PLAN
David Conn |
The U.S. Labor Department sued the trustees and insurer of a Chicago area pension plan for buying, a
CALIF. BALLOT PROPOSITION TARGETS BUSINESS' TAXES
Jerry Goldberg |
Opponents in the Proposition 103 dispute have crossed swords again. This time, they are disa
ACREAGE REDUCTION PROGRAM FOR COTTON SEEN SET AT 15 PERCENT
Doug Palmer |
Despite tight worldwide cotton supplies and promising U.S. exports, industry observers say they expe
CHEMCIAL EARNINGS ICI INCOME FELL 11.8 PERCENT DURING THIRD QUARTER
Journal of Commerce Staff |
Britain's Imperial Chemical Industries PLC said its after-tax income fell to $297 million or 42.8 ce
MCDONALD'S AIMS TO RECYCLE POLYSTYRENE BY EARLY 1990
Journal of Commerce Staff |
McDonald's Corp. said Thursday it will recycle polystyrene from 450 of its restaurants in New Englan
NIPPON ZEON WILL HOUSE US OPERATION IN KENTUCKY
Dave Higdon |
Japan's $1 billion Nippon Zeon Co. said it will locate its U.S. operations here after buying BFGoodr
CHEMICAL BRIEFS
From Wire and Staff Reports |
HERCULES REVEALS PLAN TO SELL ONE DIVISIONWILMINGTON, Del. - Hercules Inc. said it will sell
TOKYO TRADERS SEE COMPETITION FROM SINGAPORE SIMEX LAUNCHES EUROYEN CONTRACT
Edwin Whenmouth |
The start of Euroyen futures trading on the Singapore International Monetary Exchange today will be
PESTICIDE FOES WARY OF BUSH PLAN FOR SHELF REMOVAL
(Ap) |
President Bush is moving to make it easier for the government to take dangerous pesticides off the m
US MAPS PLAN FOR COFFEE PACT NEGOTIATIONS WITH COLOMBIA SEEN PART OF 'CAN-DO' ATTITUDE
Paul S. Tosto |
U.S. coffee negotiators are viewing discussions here Monday with their Colombian counterparts as the
COMMODITY BRIEFS
From Wire and Staff Reports |
MEETING RESCHEDULED ON CME LIBOR PLANThe Commodity Futures Trading Commission said Thursday
COCOA, COFFEE FUTURES SLIDE
From Wire Reports |
Cocoa and coffee futures on the Coffee, Sugar and Cocoa Exchange slid Thursday in active selling lin
SIMON SAYS
Howard Simon |
THE SOVIET UNION'S CORN-BUYING SPREE has some grain traders wondering why all the fuss. To t
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year10/26 10/25 Ch
TAIWAN HOPES SURGE IN IMPORTS FROM US WILL NARROW TRADE GAP
William Armbruster |
Taiwan hopes that continued growth in U.S. exports to this prosperous island nation of 20 million wi
Maritime
CUSTOMS UPDATE
JOC Staff |
UPDATE TO THE HARMONIZED TARIFF SCHEDULE OF THE UNITED STATES. The following changes are pursuant to
Maritime
IMPORT BRIEFS
JOC Staff |
US TRADE PRIVILEGES EXTENDED TO HUNGARYPresident Bush Thursday extended most-favored-nation
Maritime
AGENCY ERROR LAST STRAW FOR BROOM-MAKERS
(Ap) |
The aim was admirable: Scratch extraneous words from a tongue-twisting trade code. But by de
Maritime
THE JOURNAL OF COMMERCE SHIPPER'S CLIP AND SAVE SERVICE US FREEDOM OF NAVIGATION PROGRAM
JOC Staff |
BACKGROUND: U.S. interests span the world's oceans geopolitically and economically. U.S. national
Maritime
BALTIMORE BULLISH ON UNIFIED EUROPE
WILLIAM DiBENEDETTO |
It was a seminar on the European Community's plan for a unified market by 1992 with scarcely a word
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PREDICTION OF W. COAST EARTHQUAKE MAY HAVE COST GEOLOGIST HIS JOB
(Ap) |
Jim Berkland moonlights as an earthquake prophet, using theories based on lost pets and lunar tides,
THE ECONOMY
Wire and Staff Reports |
ECONOMIC GROWTH RATE IS 2.5 PERCENT IN QUARTERThe economy grew at a 2.5 percent annual rate
INTERNATIONAL BRIEFS
Wire and Staff Reports |
FUJITSU WINS CONTRACT WITH BID OF 1 CENTJapan's leading computer maker, Fujitsu, won a bid T
Maritime
LOSS OF LAWSON MAY BE COSTLY FOR THATCHER
Janet Porter |
A question mark hangs over the political future of Prime Minister Margaret Thatcher following the se
DOLLAR RISES ON RUMOR SOVIETS ACTED TO FINANCE GRAIN BUY
Knight-Ridder Financial |
The U.S. dollar rose Thursday despite a dip when the Dow industrials plunged, but traders said the m
HONG KONG EXPORT CREDIT UNIT POSTS RECORD PROFIT
P.T. Bangsberg |
The government-owned export insurance agency turned in a record surplus for the fiscal year of HK$33
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
CALLS FOR CLOSER SCRUTINY OF FED WILL FAIL, ANALYSTS SAY
Cathy Kristiansen |
Two proposals before Congress that would place the Federal Reserve Board under greater congressional
ECONOMIC DATA ABROAD
Wire and Staff Reports |
HONG KONG PRICES ROSE 10 PERCENT IN SEPTEMBERHong Kong consumer prices rose on average by 10
COST OF CREDIT
JOC Staff |
Thu., Oct. 26, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
TWA'S PREVENTIVE MEASURES SUCCEED IN CUTTING CARGO THEFTS
Ira Breskin |
Trans World Airlines has cut losses from cargo theft dramatically by beefing up security at the comp
Air Cargo
JAPANESE TO SIMPLIFY FOOD IMPORT INSPECTIONS
A.E. Cullison |
Japan's Ministry of Health and Welfare plans to simplify inspection of imported processed foods.
ICC TELLS GUILFORD, UNIONS TO REACH ACCORD ON SPRINGFIELD TERMINAL LINE
Howard S. Abramson |
A sharply divided Interstate Commerce Commission re-entered the ongoing battle on the Springfield Te
TAIWAN'S SHIP LINES SEE LOWER EARNINGS, BUT REASONS DIFFER
William Armbruster |
Evergreen Marine Corp. and Yang- ming Marine Transport Co., Taiwan's two big containership operator
AVIATION EARNINGS
Wire and Staff Reports |
AMERICA WEST EARNINGS INCREASE NEARLY 30 PERCENTPHOENIX, Ariz. - America West Corp.'s earnin
Air Cargo
DHL WEIGHS BIGGER ROLE IN BUSINESS OF REMAIL
Miriam Widman |
DHL Worldwide Express wants to become a bigger player in the remail business, but company officials
Air Cargo
RAIL IS FIRED UP BY GAS-RUN TRAIN
John Davies |
Burlington Northern Railroad, hoping for potential savings of millions ofdollars on its annu
BAGGAGE HANDLERS ACCUSED OF STEALING FROM USPS PARCELS ON EASTERN FLIGHTS
(Ap) |
Fourteen Eastern Airlines baggage handlers stole $700,000 worth of cash, jewelry, credit cards and i
Air Cargo
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