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PAN AM CORP. TAPS INTO PARENT CASH TILL
David Lyons |
The cash position of troubled Pan Am Corp. has fallen to less than $125 million, and the company is
Air Cargo
CORRECTION
JOC Staff |
CF Ocean Service, a subsidiary of Consolidated Freightways Inc., is not a freight forwarder. The com
Maritime
PREMIUM TALK WENDALL C. HARNESS DIRECTOR INSURANCE CRIME PREVENTION INSTITUTE
This telephone interview was conducted by Laura Raley Borda.) |
TOPIC: Insurance Fraud Wendall C. Harness was named director of the Insurance Crime Preventi
L'AMBIANCE LOST COVERBEFORE BUILDING COLLAPSED
(Ap) |
A North Carolina-based insurance company decided not to renew general liability coverage for the gen
HOW TO WIN A SUIT: DIVORCE
Frank Cerabino |
If a Key West woman wants to collect $100,000 for her broken foot, she has one option - divorce.
DRUG MANUFACTURERS WIN ANOTHER ROUND IN CALIF.
(Ap) |
The California Supreme Court ruled Thursday that a cancer victim whose mother took the drug DES shou
INSURANCE BRIEFS
From Wire and Staff Reports |
Marsh & McLennan Acquires Saliba & Co.Marsh & McLennan Inc. said last week it acquired Salib
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
SPEAKERS EXHORT US FIRMS TO EXPORT
Mark Magnier |
Americans are insular and uncompetitive. They don't try to understand foreign languages or cultures.
CONSUMER CREDIT SHOWS EXPANSION
Knight-Ridder Financial |
U.S. consumers took on $5.304 billion more in installment credit than they paid off in February, aft
CHINA URGED TO IMPROVE COMMUNICATIONS
(Ap) |
Businessmen in China are still heavily bound by tradition and regulation, and the time has come for
LUMBER PRODUCTION RISES
(Ap) |
Lumber production, orders and shipments increased in 12 Western states in the week ended Saturday, a
GATT DELAYS ESTABLISHING PANELS TO ARBITRATE FARM TRADE DISPUTES
Frances Williams |
The United States will have to wait until May before learning if it will get an international panel
AVIATION BRIEFS
From Wire and Staff Reports |
FAA Plans to Shift Key PersonnelIn what agency insiders describe as a massive shake-up, the
Air Cargo
SHUTTLE WILL CARRY ESCAPE SYSTEM
(Ap) |
A crew escape system using a 10-foot (three-meter) telescoping pole will be installed in the space s
PEOPLE - INSURANCE
Wire and Staff Reports |
AMBAC INDEMNITY CORP. (New York) - Kristina Kiernan was named vice president, national sales, at thi
COMMODITY BRIEFS
Wire and Staff Reports |
US-USSR Grain Talks Set for London in MayWASHINGTON - The second round of talks on a new lon
ASIAN DEMAND GROWS FOR US CIGARETTES
(Ap) |
Cigarette exports are expected to rise sharply this year, largely because of rising demand in some A
Maritime
CANADA'S CZAR TO SELL BRITISH COLUMBIAN GAS TO CALIFORNIA UTILITY
Brian Lewis |
Czar Resources Ltd. has won a 20-year contract to sell about C$300 million (US$240 million) worth of
EPA TO FUND LOGAN CLEANUP
Journal of Commerce Staff |
The Environmental Protection Agency announced that it's providing $78.3 million under the Comprehens
CHEMICAL BRIEFS
Wire and Staff Reports |
H.H. Robertson Sells Freeman ChemicalsH.H. Robertson Co. announced that it had completed the
CHINESE TO SET UP CURRENCY BROKERS
Noel Fletcher |
China will set up seven foreign exchange brokerage centers this year to encourage firms with surplus
CANAL GETS THROUGH ANOTHER WEEK
Robert F. Morison |
The Panama Canal made it through another week without disruption by the surrounding political turmoi
Maritime
DOLLAR APPROACHING LEVEL WHERE US GOODS COMPETE
Journal of Commerce Staff |
The dollar is approaching a level that will permit more than just U.S. commodities to compete in wor
NEW YORKER TO BECOME HONG KONG'S FIRST US 'TAIPAN'
(Ap) |
In Hong Kong's cut-throat business world, the highest acknowledgment of success is to be recognized
CUSTOMS ARRESTS BROKER FOR $2 MILLION FRAUD
Journal of Commerce Staff |
Special agents of the U.S. Customs office at John F. Kennedy Airport arrested the president of a cus
Maritime
USX UNIT BIDS FOR A PORTION OF THE P&LE
Howard S. Abramson |
A subsidiary of USX Corp. has made an offer to purchase a portion of the financially ailing Pittsbur
Rail News
DOCKSIDE TERMINALS COVET RAILS
Bill Mongelluzzo |
The push for dockside railyards in Southern California is on in earnest. A second terminal o
Maritime
JAMAICA'S TRADE VALUE RISES, BUT BALANCE DETERIORATES
Canute James |
Jamaica recorded an increase in the overall value of trade last year, but suffered a deterioration i
Maritime
INDIAN MINISTRY SEEKS BIG FUNDING INCREASE FOR PORT DEVELOPMENT
Neel Patri |
The Surface Transport Ministry is seeking a 70 percent hike in funds for national port development i
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Crash Tests Spotlight Head Injury FrequencyThe National Highway Traffic Safety Administratio
STATE PROGRAMS HELP EXPORTERS COMPETE
Kevin Commins |
An export finance program developed by the state of Illinois is being adopted by other states.<
PEOPLE - FINANCIAL
Wire and Staff Reports |
BERKEY INC. (Greenwich, Conn.) - Harold J. Axelrod was named vice president, finance and administrat
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
BUSH, DUKAKIS OUTLINE VIEWS ON US MARITIME POLICY
Journal of Commerce Staff |
Vice President George Bush and Massachusetts Governor Michael Dukakis filed responses to a Journal o
THE ECONOMY BIG THREE CARMAKERS POST STRONG SALES
(Ap) |
First quarter incentives paid off in strong late-March and first quarter sales increases for Detroit
YEUTTER CLAIMS VETOOF TRADE BILL UNCERTAIN
WILLIAM DiBENEDETTO |
U.S. Trade Representative Clayton Yeutter continues to say it is premature to speculate on whether t
TEXACO-PENNZOIL BATTLE IS OVER
(Ap) |
Texaco Inc. officially ended a year under bankruptcy court protection Thursday, completing its epic
LYNG DEFENDS REMOVAL OF SUBSIDIES BY 2000
Knight-Ridder Financial |
U.S. Agriculture Secretary Richard Lyng Thursday defended U.S. proposals for reforming the world's f
FOREIGN CAR SALES IN JAPAN BOOMING
A.E. Cullison |
Sales of foreign cars surged by an unprecedented 41.1 percent in the fiscal year ending March 31, re
Maritime
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