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12 INDICTED IN CALIF. FOR FAKE CAR MISHAPS
(Ap) |
Twelve people have been indicted in California for allegedly faking car accidents and fleecing insur
WORLD MONEY FRONT DOLLAR EDGES LOWER AS STERLING, YEN RISE
Knight-Ridder Financial |
The U.S. dollar drifted lower Wednesday, especially against the British pound and the Japanese yen.<
DEBTORS TO REFINANCE US MILITARY LOANS
Nancy Miller |
Foreign debtors are likely to refinance up to $11.25 billion in military loans extended and backed b
SMITHKLINE ANNOUNCES A MAJOR RESTRUCTURING
(Ap) |
SmithKline Beckman Corp., which saw a 25 percent drop in profits in the first half of the year, anno
WORLD TODAY
Wire and Staff Reports |
REAGAN PICKS WRIGHT TO HEAD THE OMBJoseph Wright, nominated Wednesday by President Reagan to
STEEL PRODUCTION UP 0.4 PERCENT IN WEEK
(Ap) |
Steel production rose to 1.957 million tons in the week ended Sept. 24, an increase of 0.4 percent f
BENTSEN SAYS BUSH WILL BE SOFT ON TRADE
Knight-Ridder Newspapers |
If George Bush wins the White House, he'll shy away from enforcing the new trade bill that seeks to
EXPORTS HELP SPUR ILLINOIS ECONOMY
Kevin Commins |
No one's calling it the Illinois miracle, but after a long period of decline the Illinois economy is
FARRELL, LYKES BROS. DROP OUT OF A&P DEAL
Gloria Joseph |
Sea-Land Corp. said Wednesday that Farrell Lines and Lykes Bros. Steamship Co., the remaining two pl
TEXAS HOPES TO LURE NEW PLANT PLANNED BY FORMOSA PLASTICS
Gary Taylor |
Buoyed by news of a $65 million gas well purchase by Formosa Plastics Group, Texas economic leaders
MIDWAY TO THE RESCUE WITH EUCALYPTUS FOR KOALAS
Journal of Commerce Staff |
Midway Airlines is doing its part so a pair of koalas can flourish in Chicago. Koalas in Chi
Air Cargo
OAKLAND PORT BOARD TO SEEK LAND REVENUE
John Davies |
With its share of the maritime cargo market shrinking and its dredging plans blocked, the Port of Oa
Maritime
TRANSPORT CALENDAR
JOC Staff |
American Society of Transportation and Logistics/Delta Nu Alpha, second international education conf
Rail News
RAIL AGENCY HITS GUILFORD OVER SAFETY
Howard S. Abramson |
The Federal Railroad Administration found major safety deficiencies on the railroads operated by Gui
Rail News
ISRAELI ECONOMY HURT BY PALESTINIAN REVOLT
(Reuter) |
Amram Mitzna, Israel's army commander of the West Bank, said military authorities will ban exports o
Maritime
LDCS CRITICIZE PLANS TO EASE DEBT CRISIS
(Reuter) |
Poor countries Wednesday poured cold water over new plans to ease the debt crisis and called on rich
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
GLOBAL RATE RISE MAY HAVE ENDED
Knight-Ridder Financial |
The rise in global interest rates has probably run its course and rates are now likely to ease in th
PAO-HYUNDAI ROW TAKES NEW TWIST
P.T. Bangsberg |
Lawyers for Sir Yue-kong Pao's World-Wide (Shipping) Ltd. are maintainingpressure on South K
Maritime
SHORT-LINE FUTURE LOOKS PROMISING
Mark Magnier |
The short line and regional rail industry will continue to grow over the next several years because
Rail News
PLASTICS CORNER HOECHST BOOSTS PRICE OF TREVIRA
Journal of Commerce Staff |
Hoechst Celanese Corp.'s Textile Fibers Group has announced a price increase of 7 cents a pound for
BUSH, DUKAKIS MIRROR EACH OTHER ON ENERGY
John Maggs |
A group of energy economists concluded Tuesday that Gov. Michael S. Dukakis and Vice President Georg
JONES ACT WAIVER MEASURES TO RETURN
WILLIAM DiBENEDETTO |
The maritime industry is facing a tough battle to preserve the Jones Act next year. Just whe
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1269 (Sept. 28, 1988) Previous day - 1281 The Baltic International Freight Futures Exchange
Maritime
BATTLE OVER DISCLOSURE OF INSURER DATA UNFOLDS
Paula L. Green |
An Indiana insurance professor is still not satisfied with a national regulatory group's decision to
MERIN: NJ AUTO POOL LACKED SUPERVISION
(Ap) |
Less than two years before the head of the debt-ridden Joint Underwriting Association was accused of
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year9/28 9/27 Chan
OHIO OBJECTS TO BOND LIMITS IN HOUSE BILL
Jennifer Friedland |
Ohio is trying to block special bond offering restrictions from being included in the final version
OHIO FIRM'S LAB EXPORTS SOAR DESPITE LACK OF HELP
Journal of Commerce Special |
Quantum Technologies Inc. of Twinsburg, Ohio, is exporting its laboratory equipment without much hel
NEWS SUMMARY
JOC Staff |
* Buying in Syria 4A * Tom Connors - Washington 8A* Walter J. Olson - U.S. Sanctions Plan Il
REPORT RAPS COMMERCE ON EXPORT PROMOTION
William Armbruster |
The Commerce Department has done a poor job in managing export promotion events overseas, a new repo
GASOLINE, FUEL OIL STOCKS RISE
Journal of Commerce Staff |
Supplies of gasoline and distillate fuel oil increased and refinery utilization was off significantl
JAPANESE DIPLOMAT SAYS TRADE IMBALANCE WITH US MODERATING
John Davies |
Japan's trade surplus with the United States could be slashed by as much as a half this year, thanks
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
AIG REPORTS HURRICANE LOSSES OF $16 MILLIONAmerican International Group announced Wednesday
QUICK ACTION URGED ON NJ AUTO REFORMS
Journal of Commerce Staff |
New Jersey Assembly Speaker Chuck Hardwick has asked the state Senate to quickly consider a series o
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPAN CONSTRUCTION PACT SAID TO FAIL US FIRMS
Keith M. Rockwell |
A U.S. construction industry official told a Senate Foreign Relations subcommittee Wednesday the Jap
SPOTLIGHT ON BUSINESS
JOC Staff |
Vickers Inc., a subsidiary of Trinova Corp. in Maumee, Ohio, has completed its acquisition of Polymo
SPOT PRODUCT PRICES
JOC Staff |
Sept. 28, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
ENERGY BRIEFS
From Wire and Staff Reports |
OMANI EXPLORATION YIELDS TWO OIL FINDSMUSCAT, Oman - Oman announced two new oil finds follow
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