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THE ECONOMY
From Wire Reports |
UNEMPLOYMENT CLAIMS INCREASE IN WEEKNew claims for state unemployment insurance benefits wer
CALIF. MAYORS VISIT HONG KONG TO WOO INVESTORS TRADE GROWTH LIKELY TO SLOW
Bill Mongelluzzo |
Southern California's international trade economy will continue to outperform the rest of the nation
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Howard Simon - Simon Says 12A* Greg Johnson - Managing Traffic 2B<
CALIF. MAYORS VISIT HONG KONG TO WOO INVESTORS CITIES STRESS HIGH TECHNOLOGY
P.T. Bangsberg |
California intends to open a trade office here next year, but two of its most dynamic cities aren't
RETAILERS REPORT STRONG SALES
(Ap) |
Sales rebounded last month at the nation's chain stores after a dismal March, in time to salvage fir
RAIL LINE EASES CANADA'S TRADE WITH PACIFIC
Leo Ryan |
CP Rail positioned itself for rising Canadian trade with the Pacific Rim by inaugurating Thursday it
UNBRIDLED COOPERATION WINS THE KENTUCKY DERBY FESTIVAL
Dave Higdon |
The field of three-year-old thoroughbreds breaking from the starting gate tomorrow at Churchill Down
CHINA-SOUTHEAST ASIA LINER LINK CALLED A SUCCESS BEFORE IT OPENS
Journal of Commerce Staff (- P.T. Bangsberg) |
A conventional liner service linking southern China with booming Southeast Asia will be launched thi
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
IRAQ CLEARS 78 WRECKS FROM SHATT AL-ARAB
From Wire Reports |
Iraq has cleared 78 shipwrecks from the northern part of the Shatt al-Arab waterway that leads to th
Maritime
STATE BUDGET CRISIS AGAIN TURNS FOCUS TO MASSPORT DEBT
Michael S. Lelyveld |
For the second year in a row, Massachusetts budget officials are eyeing cash reserves of the Massach
Maritime
MARITIME CALENDAR
JOC Staff |
Italian Seamen's Club of New York Inc. Gala Admiral Ball. May 6. New York, New York Athletic Club. (
Maritime
HONGKONG BANK TARGETS US TRADE FINANCING
Gordon Platt |
Just as Hong Kong thrives on trade, Hongkong & Shanghai Banking Corp. hopes to boost its U.S. operat
GOOD FACT CHECKERS HELP DUCK PITFALLS OF TRADE FINANCE
Journal of Commerce Staff |
Careful checking of facts on letter-of-credit documents is the first line of defense for a bank invo
FREIGHT RATE FUTURES
JOC Staff |
May 4, 1989 Baltic International Freight Futures MarketPreClose High Low Vol. C
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
CIGNA REPORT INCREASE IN 1ST QUARTER INCOMECigna Corp. reported Thursday that income from co
BALTIC FREIGHT INDEX
JOC Staff |
1687 (May 4, 1989) Previous day - 1649 The Baltic International Freight Futures Market in Lo
Maritime
MANAGING TRAFFIC
Greg Johnson |
SHIPPERS ARE ECSTATIC over this week's ruling from the Interstate CommerceCommission on nego
Trucking News
TRAFFIC BRIEFS
From Wire and Staff Reports |
CSX GETS ICC NOD TO SELL, LEASE TRACKThe Interstate Commerce Commission has approved the sal
Rail News
STATES WEIGH SOLUTIONS FOR TANK LEAK CRISIS
Cristina Lee |
A growing number of states are stepping in or are studying plans to help gasoline station owners cop
AVAILABILITY, AFFORDABILITY OF INSURANCE SEEN IMPROVING
Journal of Commerce Staff |
A survey of corporate insurance buyers confirms what analysts have been saying for a year: the avail
EDIFACT GATHERS MOMENTUM IN COMMUNIST BLOC NATIONS
Tony Seideman |
Money speaks in a universal tongue. Facing an increasingly competitive, interconnected and g
2 WASH. COMPANIES TOLD TO END SALES OF QUASI-INSURANCE
John Davies |
Washington state insurance regulators ordered two Spokane, Wash., companies to stop selling insuranc
INSURANCE BRIEFS
From Wire and Staff Reports |
SWITZERLAND'S BALOISE PURCHASES PW GROUPPROVIDENCE, R.I. - The Baloise Insurance Group of Ba
PEOPLE - INSURANCE FIRST AMERICAN TITLE NAMES NEW PRESIDENT
Journal of Commerce Staff |
Parker S. Kennedy, 41, was named president at First American Title Insurance Co., a large title insu
SOME MEDICAL TESTS MAY BE WORTHLESS, HEALTH EXPERTS SAY
Boston Globe |
Doctors would help patients more by counseling good health habits than by administering a host of of
PHILIPPINE BEER MAKES HALTING INROADS IN US
P.K. Malker |
Twenty-five years after San Miguel beer of the Philippines made its U.S. debut at the 1963 New York
ELECTRONICS BRIEFS
From Wire and Staff Reports |
GTE INFORMATION BUYS LOCKE SYSTEMSTAMPA, Fla. - GTE Information Services has acquired Locke
CAROLINA TAPS MAYHEW AS ITS NEXT PRESIDENT
Leo Abruzzese |
Kenneth E. Mayhew will replace K.G. Younger as president and chief executive officer of Carolina Fre
Trucking News
NEGOTIATED RATES RULING WINS SHIPPERS' PRAISE
Leo Abruzzese |
When the Interstate Commerce Commission reasserted its authority over negotiated trucking rates Tues
Trucking News
ELECTRONICS CALENDAR
JOC Staff |
DEXPO SOUTH '89, national DEC computing exposition, May 9-11. Contact: Expoconsul International Inc.
MEXICO APPROVES FUNDS FOR PORTS
Alva Senzek |
The Mexican Ministry of Transportation and Communications has approved a budget of $200 million for
Maritime
NORWAY'S AUTRONICA MARKETS COMPUTER BERTHING SYSTEM
Journal of Commerce Staff |
A Norwegian company is beginning to market its own radar-based computer system designed for safe and
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CONSUMER PRICES RISE 0.4 PERCENT IN SOUTH KOREASEOUL, South Korea - South Korea's consumer p
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Wed., May 3, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
BOXPORT OPERATOR GETS HONG KONG NOD TO BUILD MTL TO USE SITE FOR WAREHOUSING
P.T. Bangsberg |
One of the two main containerport operators here has received official approval for an extension as
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
INDONESIA RAISES EXPORT CREDIT RATESJAKARTA, Indonesia - Indonesia will slash subsidies on e
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
BRIGHT GROWTH PROSPECTS FUEL WASTE-TO-ENERGY COMPETITION
Al Wyss |
Bright growth prospects have led to increased competition in the relatively young U.S. waste-to-ener
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