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ECONOMIC DATA ABROAD
From Wire and Staff Reports |
WORLDWIDE EXPANSION EXPECTED TO CONTINUETaiwan, Japan and South Korea will set the pace in A
DEC. JOBLESS RATE ROSE IN NY STATE
(Ap) |
New York state's unemployment rate for December stood at 4.6 percent, an 0.3 percent increase from N
HILLS VOWS TOUGH US TRADE POLICY
Richard Lawrence |
Carla Hills, unanimously approved Friday by the Senate Finance Committee as the next U.S. trade repr
US COMPANIES EYE EMBASSY IN MOSCOW
Rose A. Horowitz |
U.S. companies shopping for office space in a tight market in Moscow are looking to acquire the bugg
US BUSINESS IN CANADA SHOULD GROW
Leah R. Young |
The U.S.-Canadian trade liberalization agreement probably will lead to more U.S. investment in Canad
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
Prices of ocean freight futures contracts came down hard last week. Early in the week, trade
Maritime
TRUCK GROUP CERTIFIES EIGHT DRIVER SCHOOLS
Leo Abruzzese |
Ridding the highways of unsafe truck drivers has never been easy. Now, a new organization is trying
Trucking News
EUROPEAN CARRIER COLLAPSES
Journal of Commerce Staff |
Euro Pacific New Zealand Line Ltd., a London-based company trading between Europe and Australasia, h
Maritime
LENDER LIABILITY SUITS SPUR COTTAGE INDUSTRY FOR LAWYERS
Janet L. Fix |
Borrowers upset about their bankers aren't just taking their business elsewhere these days.
ASIANS PASS EUROPEANS IN US STOCK TRADES
Journal of Commerce Staff |
The Asian share of foreign gross activity in U.S. stocks exceeded European gross transactions for th
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
CALIFORNIA TRADE OFFICIAL SAYS PACT WON'T END US-JAPAN FIGHTS
Bill Mongelluzzo |
A U.S.-Japan free trade agreement may sound promising in theory, but in reality it would do little t
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
HOLT'S ALWAYS A STEP AHEAD
Gloria Joseph |
If you can't beat 'em, join 'em. Again the adage proves true.This is the essence of what hap
Maritime
MASSPORT SEES NEED TO FOCUS ON INLAND TRANSPORT, LABOR
TOM McNIFF Jr. |
Anne Aylward, maritime director for the Massachusetts Port Authority, sees inland transportation and
Maritime
VIETNAM TRIES TO GET BACK ON THE ECONOMIC TRACK
(Reuter) |
A "romantic conception of Socialism" and an impractical system of subsidies destroyed Vietnam's econ
RAAB KARCHER GETS EC OK FOR TAKEOVER
Bruce Barnard |
The European Community Commission Thursday said its competition authorities cleared the acquisition
ENERGY BRIEFS
From Wire and Staff Reports |
COAL OUTPUT DECLINES AT AMERICAN ELECTRICLANCASTER, Ohio - American Electric Power Co. Frida
LIBERTY WINS PACT TO CARRY COAL TO EGYPT
Bruce Vail |
A contract to carry more than 200,000 tons of coal from Virginia to Egypt has been awarded by the U.
Maritime
PERSONNEL CHANGES LIKELY AT TEXAS INSURANCE BOARD
Gary Taylor |
While legislators wrangle over proposed reforms for insurance regulation in Texas, administrative pe
INSURANCE BRIEFS
From Wire and Staff Reports |
CALIFORNIA TO PROBE STATE FARM ACTIONSState Farm Insurance Cos. will face hearings March 9-1
JAPANESE COMPANY SETS TARGET OF END 1992 TOYOTA CONSIDERS PRODUCTION IN UK
A.E. Cullison |
Toyota Motor Corp., Japan's leading auto manufacturer, said it is looking into the possibility of la
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Fri., Jan. 27. 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
HOECHST CELANESE TO EXPAND POLYESTER YARN CAPACITY
Journal of Commerce Staff |
Hoechst Celanese Corp.'s Technical Fibers Group is planning an expansion of dimensionally stabilized
US OIL CONSUMPTION SET RECORD IN '88
Knight-Ridder Financial |
U.S. oil consumption reached a record 17.01 million barrels a day in 1988, and will increase to 18.6
CHEMICAL MARKETS HERCULES INCREASES DI-CUP PEROXIDE PRICES
Journal of Commerce Staff |
Hercules Inc. announced price increases, effective March 1, 1989, for several Di-Cup peroxides used
DU PONT HOPES TO SELL SOVIET HEART DRUG IN US
Marian Uhlman |
E.I. du Pont de Nemours & Co. became interested in the potential of a Soviet heart drug back in the
IMPORT BRIEFS
Wire and Staff Reports |
HONG KONG UPGRADES TEXTILE LICENSE SYSTEMA US$1 million computer upgrade was formally inaugu
Maritime
INDIAN POINT 3 TO GET NEW STEAM GENERATORS
(Ap) |
The New York Power Authority said it will take its Indian Point 3 nuclear power plant out of service
INDIA PRESSED TO FORM SHIP INSURANCE CLUB
Neel Patri |
The London-based Shipowners Mutual Strike Association, sometimes called the ''strike club," has offe
Maritime
SAFECO POSTS INCREASE IN QUARTERLY INCOME
Journal of Commerce Staff |
Safeco Corp. reported that operating income in the fourth quarter ending Dec. 31, 1988 was $68.74 mi
INSURANCE CALENDAR
JOC Staff |
The American Tort Reform Association will hold its national conference Tuesday in Washington. For mo
COMMODITY BRIEFS
Wire and Staff Reports |
NYMEX APPROVES LINK WITH CME GLOBEXNEW YORK - Members of the New York Mercantile Exchange ha
PEOPLE - TRADE
Wire and Staff Reports |
GROLIER INC. (New York) - Robert B. Clarke, chairman and chief executive officer of this major diver
Maritime
3.8 PERCENT GROWTH IN ECONOMY IS 4-YEAR HIGH
(Ap) |
The U.S. economy shook off the effects of the stock market crash and the drought to grow a robust 3.
DALE STEFFES - ENERGY OUTLOOK
Dale Steffes |
IN 1989, THE U.S. COAL INDUSTRY will finally produce nearly 1 billion tons of coal in a single year.
APC CONSIDERS FINANCE LINK WITH TRANSPORT
Mark Magnier |
Trade finance sources say American President Companies Ltd., the Oakland, Calif.-based shipping and
UPS EXTENDS TEST SERVICE FOR ON-DEMAND PICKUPS
PATRICIA McCORMICK |
United Parcel Service has extended its test of on-demand pick-up service to Philadelphia and so far,
Air Cargo
TRANSPORTATION ANALYSTS PREDICT MODEST GROWTH FOR AIRLINES IN '89
WILLIAM DiBENEDETTO |
The airline industry will continue to grow at a modest pace in 1989, but the year will show slow pro
Air Cargo
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