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CUSTOMS, COAST GUARD BUDGET DETAILS REVEALED
WILLIAM DiBENEDETTO |
As Congress delves into President Bush's fiscal 1990 budget, it is beginning to learn some of the de
Maritime
EC MONETARY UNION REMAINS DISTANT GOAL
Wire Reports |
The vision of a common European currency appears to be receding into the distant future as Britain s
COST OF CREDIT
JOC Staff |
Tue., Mar. 7, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
AVIATION BRIEFS
Wire and Staff Reports |
FLIGHT, BAGGAGE WOES DECREASED IN JANUARYFlight delays and baggage problems reported at majo
Air Cargo
CHEMICAL BRIEFS
Wire and Staff Reports |
HANNA TO ACQUIRE BRUCK PLASTICS CO.M.A. Hanna Co., Cleveland, Ohio, said it will acquire Bru
MARITIME BRIEFS
From Wire and Staff Reports |
SAN FRANCISCO WEIGHS DAMAGE SETTLEMENTThe Port of San Francisco will discuss a proposed sett
Maritime
HILLS SAYS US WILL STAY IN GATT NEGOTIATIONS
Knight-Ridder Financial |
U.S. Trade Representative Carla Hills Tuesday said she would keep U.S. negotiators to the General Ag
Maritime
SURVEY FINDS UK COMPANIES BIGGEST BUYERS OF US FIRMS
(Ap) |
Companies based in Great Britain were by far the largest purchasers of U.S. companies in 1988, accor
Maritime
NC DISPUTE TRIGGERSHUGE POLICY CANCELLATION
Knight-Ridder Newspapers |
Golden Rule Insurance Co. is accusing the North Carolina Insurance Department of unfair treatment in
FEDERAL EXPRESS TO OFFER NEW SERVICE
Journal of Commerce Staff |
Federal Express Corp. will launch a new, low-priced next-afternoon service on April 1. The d
Air Cargo
BUSH OPPOSES INTERVENTION IN EASTERN AIRLINES STRIKE
From Wire Reports |
President Bush said on Tuesday he opposes government intervention in the Eastern Airlines strike.
Air Cargo
ANALYST EXPECTS APC TO HAVE FLAT 1989
Journal of Commerce Staff |
- Prospects for improved financial performance by American President Cos. Ltd. during 1989 are not p
Maritime
INCOME SUFFICIENT TO MAINTAIN RAILS
Journal of Commerce Staff |
The majority of America's short line and regional railroads are generating sufficient income to main
Rail News
THIRD WORLD POVERTY THREATENS US FARM RECOVERY
Juan Miguel Pedraza |
U.S. agriculture's economic renaissance is paper-thin. This fragile pickup in economic retur
CALIF. COURT APPROVES LIQUIDATION OF COASTAL
Journal of Commerce Staff |
A California Superior Court granted the state insurance department's petition to liquidate Coastal I
THE ECONOMY
From Wire Reports |
US NON-FARM OUTPUT RISES AT REVISED 0.1 PERCENTThe productivity of U.S. non-farm businesses
BETHLEHEM STEEL TO SELL WIRE ROPE PLANT
(Ap) |
Bethlehem Steel Corp. says it has signed a letter of intent to sell its Williamsport wire rope plant
TOKYO OFFICIALS SEEK EVIDENCE OF BEEF CARTEL
A.E. Cullison |
Japanese investigators raided the offices of 29 trading houses and a meat association Tuesday seekin
SHIP LINE TO EXTEND REDUCED CREWING TEST
Edwin Unsworth |
As the Companion Express makes its way across the North Atlantic this weekfrom northern Euro
FINANCIAL BRIEFS
Wire and Staff Reports |
SALOMON BROTHERS AG TO OPEN TOKYO UNITTOKYO - Salomon Brothers AG, the West German banking a
SHIPPER BRIEFS
From Wire and Staff Reports |
TIMKEN CO. PLANS $1 BILLION INVESTMENTCANTON, Ohio - Timken Co. intends to invest about $1 b
Transport, Trade and Regulation News
COST OF CREDIT
JOC Staff |
Fri., March 3, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
ARGENTINE HOPES DIM FOR NEW FINANCING
Wire Reports |
The World Bank's decision to suspend $550 million of loans for Argentina sharply reduces the country
AFRICAN FINANCE MINISTERS MEETING ON DEBT IN MALAWI
Wire Reports |
African finance ministers gathered in Malawi Monday to seek an easier cure for their ailing economie
SPOT PRODUCT PRICES
JOC Staff |
Mar. 6, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
US-CANADIAN GROUP PUSHES USE OF ST. LAWRENCE SEAWAY OVERSEAS
Edwin Unsworth |
A delegation of 30 U.S. and Canadian maritime officials representing the St. Lawrence Seaway began a
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
CONNECTICUT NATURAL ACQUIRES COMPANIESHARTFORD, Conn. - Connecticut Natural Gas Corp. purcha
ENERGY BRIEFS
JOC Staff |
SOVIET CUT REPRESENTS 100,000 BARRELS A DAYA planned 5 percent cut in the Soviet Union's oil
HAECO'S PROFIT INCREASES BY 33 PERCENT
P.T. Bangsberg |
Hong Kong Aircraft Engineering Co., the aviation repair and maintenance company known as Haeco, repo
Air Cargo
CHEMICAL BRIEFS
From Wire and Staff Reports |
SINOCHEM UNIT BUYS USX FERTILIZER ASSETSUSX Corp. and Sinochem American Holdings Inc. announ
CRAIG DUNLAP'S - INSIDE TALK - FROM THE SOUTHEAST
Craig Dunlap |
IF THE TOUGH GET GOING when the going gets tough, get out of the Georgia Ports Authority's way.<
Maritime
BIAGGI TO BEGIN JAIL SENTENCE APRIL 10
(Ap) |
Former Rep. Mario Biaggi must report to prison April 10 to begin serving a two-and-a-half-year term
Maritime
ECONOMIC DATA ABROAD
From Wire Reports |
INFLATION MODERATE IN INDUSTRIAL NATIONSThe inflation rate in industrial nations rose for th
DOLLAR PUSHES HIGHER ON TECHNICAL FACTORS
Knight-Ridder Financial |
The U.S. dollar pushed higher Monday in what dealers were calling a technical rally. With no
HIGH COURT REJECTS APPEAL ON RATES BY COLO. CO-OPS
(Ap) |
The Supreme Court Monday rejected an appeal by a group of rural electric cooperatives challenging th
RULING UPHOLDS STATE REGULATION OF GAS PRODUCERS
Leah Young |
States have the power to regulate natural gas production even though the prices paid for gas in inte
DOE SEEKS AUTHORITY TO SELL RESERVES
Knight-Ridder Financial |
The U.S. Department of Energy Monday requested authority from Congress to sell the U.S. Naval Petrol
JOINT VENTURE BREAKS SOVIET PRINT BARRIER
Albert Axebank |
The Soviet capital acquired a new look Monday when a state-of-the-art print center opened in downtow
Maritime
PLASTIC RESINS PRODUCTION INCREASED IN DECEMBER
Journal of Commerce Staff |
Production of plastics resins totaled 4.22 billion pounds in December 1988, up approximately 1.7 per
CONSUMER GROUPS, INDUSTRY FORM SAFETY COALITION
Laura Raley Borda |
Thirteen insurance associations and companies announced Sunday they formed a coalition with consumer
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