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NEWS SUMMARY
JOC Staff |
* Rosalind Rachid - Trade Talk 5A * Tom Connors - Washington 8A* Bruce Vail -- Reporter's No
ROSALIND RACHID'S TRADE TALK
JOC Staff |
U.S. CUSTOMS COMMISSIONER William von Raab must have had a hearty laugh in private after his speech
Maritime
OVER EXPORTS OF SENSITIVE ITEMS US BILL TARGETS GERMANS FOR SENSITIVE GOODS SALES
Keith M. Rockwell |
Sen. Jesse Helms, R-N.C., said Wednesday that he is drafting legislation to impose sanctions on West
US SALES TO HONG KONG SHOW STRONG GROWTH
P.T. Bangsberg |
U.S. sales to Hong Kong are growing strongly this year, while local exports to the United States con
Maritime
RAILCAR POOLS BOOST EQUIPMENT UTILIZATION
Howard S. Abramson |
The railroad industry is looking to car-pooling arrangements to increase the utilization of its equi
Rail News
CONRAIL ENTERS TRASH BUSINESS
Gregory S. Johnson |
Conrail sees gold in that thar trash. The carrier, which has been moving trash aboard its trains for
CHEMICAL BRIEFS
Wire and Staff Reports |
SCHERING-PLOUGH TO SELL TWO COSMETICS UNITSMADISON, N.J. - Schering-Plough Corp. announced t
SMITHKLINE, BEECHAM TO FORM GIANT COMPANY
Janet Porter |
The second-largest pharmaceuticals company in the world will be created from the planned merger of P
TRANSATLANTIC TO SELL BULK SHIPPING UNIT
Janet Porter |
Transatlantic Group, the Swedish shipowner, is selling its bulk shipping division to a company owned
Maritime
COMMERCE CITES DUMPING CASES
Journal of Commerce Staff |
Suppliers in eight countries are selling industrial belts, components and parts in the United States
INSURANCE BRIEFS
From Wire and Staff Reports |
ALLSTATE WINS APPROVAL FOR S. KOREAN VENTURESEOUL, South Korea - South Korea's Finance Minis
CLOSER REGULATION OF INSURERS URGED
Craig Dunlap |
Consumer advocate Ralph Nader found himself entangled Wednesday, not onlywith his debate opponent bu
BUSINESS TAKES UP ELECTRONIC CHALLENGE
Tony Seideman |
No longer is the electronic purchase order a novelty. Electronic versions of many common bus
TRAFFIC BRIEFS
Wire and Staff Reports |
FRA ISSUES REPORT ON RAIL REPAIR COSTSA Federal Railway Administration report to Congress sh
Rail News
COST OF CREDIT
JOC Staff |
Tue., Apr. 11, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PEOPLE - FINANCIAL
From Wire and Staff Reports |
AMERICAN CAPITAL CORP. (Miami) - Robert Marlin resigned as chairman of the savings and loan holding
FORMICA PLANS MORE TALKS ON TAKEOVER
(Ap) |
Formica Corp. said further discussions are expected between a special committee of the board of dire
THIRD WORLD DEBT PRICES RISE AMID HOPES FOR US INITIATIVE
Deborah Lutterbeck |
Prices for Third World debt moved broadly higher in the latest week, as confidence in Treasury Secre
PEOPLE - COMMODITIES
Wire and Staff Reports |
CANADIAN WHEAT BOARD (Winnipeg, Manitoba ) - William W. Spafford was named general director, sales a
AVIATION BRIEFS
Wire and Staff Reports |
UNITED WILL EXPAND MEXICO CITY SERVICECHICAGO - United Airlines has received authority from
Air Cargo
ENERGY BRIEFS
Wire and Staff Reports |
HOUSE PANEL BACKS DECONTROL OF ALL GASThe House Energy and Commerce Committee Tuesday approv
SPOT PRODUCT PRICES
JOC Staff |
Apr. 11, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These*trade*leads are supplied through the*World*Trade*Center*NETW ORK, a service of
Maritime
1992 - THE EUROPEAN COMMUNITY, ROUNDUP, WEEK OF APRIL 10
Journal of Commerce Staff |
The European Community is considering toning down plans to submit foreign banks to a reciprocity tes
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
CIGNA FINDS LOCATION IN IRELAND FOR CENTERCigna Corp. announced Tuesday it has reached agree
TRADE DEFICIT SEEN WORSENING
(Ap) |
A Mitsubishi Bank survey of U.S. seaports and air cargo firms implies that the merchandise trade def
CAN COAST GUARD COPE WITH LONG ISLAND SPILL?
(Ap) |
Sen. Joseph I. Lieberman, D-Conn., pointing to the devastating oil tanker spill off the Alaskan coas
Maritime
CUSTOMS GETTING DETAILS ON REBATING CHARGES SOME IMPORTERS OFFER SPECIFICS
Jennifer Friedland |
The U.S. Customs Service says it is beginning to make progress in investigating what it calls a "wid
Maritime
UK PORT STRIKE COULD HURT INSURERS
Edwin Unsworth |
Insurers who cover shipowners and third parties against losses from strikes would be among those to
Maritime
FED SELLS DOLLARS, BUT FAILS TO DAMPEN TRADERS' BULLISHNESS
Knight-Ridder Financial |
The Federal Reserve sold dollars against the deutsche mark at the DM1.8870 level around mid-afternoo
US GLYCERINE PRODUCTION DECLINED SLIGHTLY IN 1988
Journal of Commerce Staff |
U.S. glycerine production totaled 296.8 million pounds in 1988, down from 307.2 million pounds in 19
FINANCIAL - BRIEFS
Wire and Staff Reports |
SWISS TO CRACK DOWN ON MONEY LAUNDERERSBERN, Switzerland - The Swiss banking authorities, re
CHEMICAL BRIEFS
Wire and Staff Reports |
EPA FINES PARKER, EYELET CRAFTERS INC.The U.S. Environmental Protection Agency fined two New
BOEING FIGHTS BACK WITH SALE TO MAS
P.T. Bangsberg |
Boeing Co., having lost one big Asian order to the Europeans, seems likely to assuage the hurt with
Air Cargo
CHEVRON REFINERY BLAST DOESN'T ROCK MARKETS
Josh Goldstein |
An explosion that knocked out about 20,000 barrels a day of gasoline production on the West Coast ap
MALAYSIAN SHIP LINE EXPANDING ITS FLEET
P.T. Bangsberg |
Buoyed by a sharp jump in profits and strong business, Malaysia's maritime flag carrier is expanding
Maritime
US TO OPEN FREIGHT BIDS FOR FOOD AID IN PUBLIC AGENCY BENDS TO PRESSURE TO PROHIBIT NEGOTIATION
Rose A. Horowitz |
Amid pressure from auditors regarding potential conflict of interest among shipping agents, the U.S.
ECONOMIC DATA ABROAD
From Wire Reports |
NEW MACHINERY ORDERS DECLINE IN JAPANJapan's new machinery orders placed by the private sect
THREAT OF STRIKE EBBS ON UK DOCKS
Edwin Unsworth |
The threat of a nationwide strike by dockworkers in Britain appeared to recede Tuesday, when a dispu
THE ECONOMY
From Wire Reports |
CONSTRUCTION CONTRACTS EXPECTED TO FALL 3 PERCENTConstruction contracting will fall about 3
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