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ILLINOIS BAR GROUP FORMS CAPTIVE INSURANCE COMPANY
Kevin Commins |
A captive insurance company formed by the Illinois State Bar Association has begun issuing professio
P/C INSURERS WARNED TO KEEP PRICING SANE
JAY McINTOSH |
Insurance companies shouldn't let prices fall too far for commercial property/casualty insurance, an
AMERICAN MUTUAL PULLS OUT OF 6 STATES
TOM McNIFF Jr. |
American Mutual Insurance Cos. will cease writing personal lines in six states even as it hopes to c
COMMUNITIES, STATES ADVISED ON EFFICACY OF TAX BREAKS
Journal of Commerce Staff |
A report from the Federal Reserve Bank in Chicago suggested that Midwest communities and states shou
LLOYD'S RE-ELECTS LAWRENCE
Journal of Commerce Staff |
Murray Lawrence was re-elected chairman of Lloyd's of London on Wednesday for another year from Jan.
ECONOMIC GROWTH EXPECTED IN MIDWEST
Journal of Commerce Staff |
Economic growth in MidAmerica will be keeping pace with the rest of the nation, ending the region's
SPOTLIGHT ON BUSINESS
A Staff Report |
Kellogg Co., Battle Creek, Mich., is reorganizing its international operations, naming David H. Bren
MIDWEST FIRMS LOOK AT CHINA WITH NEW ZEAL
Jennifer Friedland |
MidAmerica companies are expressing greater interest in investing in China, state trade promotion of
CALENDAR NOTES
Wire and Staff Reports |
Mid-West Advisory Board, annual meeting, Jan. 18-19, Pfister Hotel, Milwaukee. Primary panels on rai
MIDAMERICAN TOWNS SEE LIGHT AT THE END OF ECONOMIC TUNNEL
Steve Painter |
The 1980s have not been kind to Main Street businesses in rural Kansas. But in the past two
CURRENCY, RATE SWAPS BOOM IN GLOBAL MARKET
Gordon Platt |
The use of the global swap market to hedge interest rate and currency risks is growing rapidly.<
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DOWNTURN CONTINUES IN SECURITIES INDUSTRY
(Reuters) |
Morgan Grenfell Group PLC's announcement that it will eliminate 450 jobs is part of a continuing dow
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PRE-SHIPMENT CHEMICAL CHECKS HIT IN EUROPE
Bruce Barnard |
Leading European chemical companies Wednesday urged the European Community todraw up legisla
PEOPLE - FINANCIAL
Wire and Staff Reports |
BANK OF AMERICA (San Francisco) - R. Thomas Decker, executive vice president, was named to head the
CHINESE INTERNS BEAT GORBACHEV TO NYSE
(Ap) |
Soviet leader Mikhail Gorbachev cruised past the New York Stock Exchange in a motorcade Wednesday, b
FINANCIAL BRIEFS
Wire and Staff Reports |
W. GERMAN STATE TO SELL BANK STAKEFRANKFURT, West Germany - The West German state of Hesse s
COST OF CREDIT
JOC Staff |
Wed, Dec. 7, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
AUSTRALIA'S BIG BANKS ENJOY RECORD PROFITS
Vincent W. Stove |
Australia's three major private banks are enjoying record profits and solid growth. Westpac
WORLD TODAY
Wire and Staff Reports |
NO DATE SET YET FOR US-SOVIET SUMMITPresident Reagan Wednesday said no date has been set yet
AUTO INVENTORIES ARE HIGH
(Reuter) |
U.S. automakers began December with higher than normal supplies of unsold cars and trucks, and analy
SOVIET EXPORTERS EAGER TO CLINCH DEALS AT FAIR
Rose A. Horowitz |
Soviet businessman Anatoly I. Kondrashov is keen for the hoopla surrounding Soviet leader Mikhail Go
JAPANESE POLICE RAID 2 FIRMS SUSPECTED OF EXPORT VIOLATIONS
A.E. Cullison |
Japanese police raided the offices of two domestic companies Wednesday seeking evidence to support g
SOVIETS AWAIT PACT ON US SEA TRADES
David F. White |
The Soviet merchant fleet, one of the world's largest, is looking to expand its presence in the U.S.
INDIA WANTS FREER EXPORT OF LABOR
William Armbruster |
Any agreement on freer trade in services must include labor-intensive service industries in which th
MINISTERS TRY TO AVERT IMPASSE AS TRADE TALKS NEAR AN END
Keith Rockwell |
Trade ministers from the 96 signatories of the General Agreement on Tariff and Trade negotiated unti
SHIP LINES GRADUALLY ADOPTING NEW CODES
Josh Goldstein |
New Year's will bring a new system of commodity classification to U.S. Customs, but changes in the o
GORBACHEV'S TROOP CUT BOOSTS DOLLAR
Gordon Platt |
The U.S. dollar rose sharply on world currency markets Wednesday as Soviet leader Mikhail Gorbachev
CHINA HOPES CURBS END ON TEXTILES
Journal of Commerce Staff |
China hopes there will be no more multilateral agreements limiting trade in textiles after the prese
EDI EXCHANGE
Tony Seideman |
LONDON - BEWARE 1992, UNITED STATES electronic data interchange users. Europe's plans for li
TRAFFIC BRIEFS
From Wire and Staff Reports |
NORFOLK SOUTHERN SEEKS NOD ON WORKERS' PLANNORFOLK, Va. - Norfolk Southern Corp.'s newest vo
Rail News
BUSH AIDE'S COMMENTS HELP DOLLAR TO RISE
Knight-Ridder Financial |
The U.S. dollar pushed higher Tuesday on a bullish economic forecast from a key economic adviser to
BUNDESBANK CHIEF PREDICTS STRONG GROWTH FOR WORLD
Knight-Ridder Financial |
World economic growth is likely to continue as long as the incoming U.S. administration can gain the
JAPAN URGED TO BOOST USE OF YEN IN TRADE
Knight-Ridder Financial |
Japan should increase its yen-denominated trade to take on a heavier burden in adjusting world trade
EXPORTERS DOUBLE USE OF CURRENCY OPTIONS
Kevin Commins |
The use of currency options by U.S. exporters appears to be exploding, according to a survey by Gree
COST OF CREDIT
JOC Staff |
Tues., Dec. 6, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PUBLISHER'S NOTEBOOK
Don C. Becker |
You know you are getting old when a member of the president's cabinet calls you sir. Well, J
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