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REAGAN INKS TRADE BILL WITH 'MIXED EMOTIONS'
Bill Mongelluzzo |
President Reagan Tuesday signed the Omnibus Trade & Competitiveness Act of 1988, a bill he admits ap
COAL BRIEFS
From Wire and Staff Reports |
LAWSON ADVISES US NOT TO EXCLUDE COALLEXINGTON, Ky. - The United States should not be hinder
SPARTAN IS CLOSING NORTHEAST TERMINALS
Leo Abruzzese |
Spartan Express Inc. is closing its money-losing Northeastern trucking operations to focus on region
HASABBURGONYA, TEJTURMIX AND BIG MAC TO GO
Erich E. Toll |
After waiting in line for 40 minutes, the young Hungarian places his order: a large hasabburgonya (f
LONG BEACH PORT OFFICIALS APPROVE ON-DOCK DOUBLE-STACK RAIL FACILITY
Bill Mongelluzzo |
After three years of negotiations, environmental studies and public hearings, the Long Beach Harbor
INSURANCE BRIEFS
From Wire and Staff Reports |
DALKON SHIELD USERS APPEAL ROBINS' PLANDalkon Shield users filed two appeal notices so far a
ITEL RAISES STAKE IN APC ANOTHER 2.5 PERCENT
Journal of Commerce Staff |
Chicago-based Itel Corp. continues to boost its ownership share of Oakland, Calif.-based American Pr
OFFICIAL DEFENDS US TRADE BILL
Bruce Barnard |
A ranking U.S. trade official Tuesday rebutted European claims that the U.S. trade bill was a protec
WORKERS TAKE OVER SEATTLE SHIPYARD
John Davies |
Marine Power & Equipment Co., a shipyard and tug company whose $200 million in debts pushed it to th
Maritime
NY TAX LAW HITS DEALERS
Wellington Chu |
The recent modifications in New York state's tax requirements for heating oil and diesel fuel distri
TRW GETS NASA CONTRACT FOR ORBITING OBSERVATORY
(Reuter) |
TRW Inc., the electronics company, said that it was tentatively awarded a $508 million contract by N
PUBLISHER'S NOTEBOOK
Don C. Becker |
For more than 20 years now, our family has been coming to this rustic island, situated 20 or so mile
BOX RATE HIKES STING HAY EXPORTERS
Josh Goldstein |
Hay exporters say they're fed up with increases in container shipping rates to the Far East and aren
CALIF. BILL WOULD REGULATE RENTAL CAR DAMAGE WAIVERS
(Ap) |
A bill that would regulate the collision damage waivers offered and pushed by car rental agencies wa
NORWEGIAN BANK PICKS PRIVATIZING AS NICHE
Gordon Platt |
With 365 international banks in New York, each has to find its own niche in order to prosper.
LLOYD'S SYNDICATE ARRANGES CREDIT TO MEET US LOSSES
Edwin Unsworth |
A Lloyd's of London insurance syndicate managed by RHM Outhwaite (Underwriting Agencies) has arrange
MARITIME POLICY VACUUM DECRIED
Gloria Joseph |
Like any politician who climbs onto a soapbox, Rep. Helen Delich Bentley, R- Md., thunders out one m
PEOPLE - INSURANCE
From Wire and Staff Reports |
AETNA LIFE & CASUALTY (Hartford, Conn.) - Stephen B. Middlebrook, vice president and general counsel
CHEMICAL MARKETS
Journal of Commerce Staff |
LCP RAISES PRICE OF CAUSTIC SODAEDISON, N.J. LCP Chemicals & Plastics Inc., a division of H
INSURERS HAIL COURT RULING ON BANK PLAN TO SELL COVER
Leah R. Young |
Insurers said they won an important victory in a U.S. court of appeals order that Citicorp must seek
CHUBB WORKS TO SETTLE DISPUTE OVER FARMER DROUGHT INSURANCE
(Ap) |
Dispute could drag on in the courts over the Chubb Corp.'s drought insurance, which some farmers say
ILL. EXCHANGE SYNDICATES TAKING ON UNUSUAL RISKS TO RIDE OUT SOFT MARKET
Kevin Commins |
Illinois Insurance Exchange syndicates are underwriting unusual risks in an effort to compensate for
PLASTICS CORNER
Journal of Commerce Staff |
HOECHST HIKES PRICE OF YARNSCHARLOTTE, N.C. Hoechst Celanese Corp.'s Technical Fibers Group
CIGNA AGREES TO SELL ITS HORACE MANN UNIT
Paula L. Green |
Cigna Corp. agreed to sell its Horace Mann Cos. subsidiary for $500 million in a partially leveraged
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
KEAN BACKS RESTRUCTURING PLAN FOR NJ AUTO INSURANCE POOL
(Ap) |
Assembly Speaker Chuck Hardwick says he wants the New Jersey Assembly to meet before Labor Day to co
WORLD MONEY FRONT DOLLAR RISES DESPITE CENTRAL BANK SELLING
Knight-Ridder Financial |
The U.S. dollar rose slightly Tuesday despite dollar-selling intervention by the Federal Reserve and
COST OF CREDIT
JOC Staff |
Tue., Aug.23, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
AUSTRALIAN FORECASTS BUDGET SURPLUS TO HIT RECORD
(Ap) |
Federal Treasurer Paul Keating said Tuesday that Australia would post a record budget surplus of A$5
Maritime
VENEZUELAN PRESIDENT TERMS DEBT SITUATION 'ABSURD'
(Ap) |
Venezuelan President Jaime Lusinchi has leveled harsh criticism at foreign commercial banks for what
US LABOR FEDERATION WILL TRY TO BLOCK IMPORTS OF POLISH GOODS
(Reuter) |
The AFL-CIO soon will ask the Reagan administration to bar Polish goods on grounds that Poland viola
Maritime
CEMENT MAKERS' PLEA FOR DUMPING PROTECTION REBUFFED IN AUSTRALIA
Vincent W. Stove |
Australian officials are likely to ignore a plea by the country's cement producers for protection fr
Maritime
TRADE FAIRS
Wire and Staff Reports |
Yonkers, N.Y.-based Sau-Sea Foods Inc. will display wares like these at October's New York Seafood S
Maritime
PEOPLE - IMPORTS
JOC Staff |
MERCEDES-BENZ OF NORTH AMERICA INC. (Montvale, N.J.) - This U.S. subsidiary of West German-based Dai
Maritime
JAMAICA PLANS TO SELL OFF PORTION OF TELECOMMUNICATIONS COMPANY
Canute James |
Jamaica's program to divest state enterprises continues next month with the sale of a part of the go
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
TOYOTA OUTPUT RISES; NISSAN PRODUCTION OFFJapan's Toyota Motor Corp. Tuesday announced recor
Maritime
CUSTOMS OFFICIALS DEFEND POLICY ON DUTY REBATES
Richard Lawrence |
U.S. Customs Service officials rejected charges that the agency is discouraging firms from claiming
Maritime
ANALYSTS SAY PEACE IN SOUTHERN AFRICA MAY NOT BOOST TRADE
Cristina Lee |
An end to hostilities in southern Africa does not necessarily mean a trade bonanza for U.S. companie
THE ECONOMY FOOD COSTS PUSH UP CONSUMER PRICES
(Ap) |
The steepest grocery store increases in four and a half years pushed consumer prices up 0.4 percent
TEXAS AIR CORP. TOPS UNION LIST OF COMPANIES UNFAIR TO LABOR
Leah R. Young |
Texas Air Corp. Tuesday won the dubious distinction of heading labor's dishonor roll for poor relati
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