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THE ECONOMY RETAILERS DISAPPOINTED WITH FEBRUARY RESULTS
(Ap) |
The nation's largest general retailers have begun their fiscal year on a sour note, with February sa
TRANSCON WILL ASK TEAMSTERS TO ACCEPT FURTHER PAY CUTS
Leo Abruzzese |
Transcon Lines Inc. will ask its Teamsters employees to accept further wage cuts in an 11th-hour bid
IBM RESEARCHERS BOOST SUPERCONDUCTIVITY THRESHOLD
Journal of Commerce Staff |
Scientists at the IBM Almaden Research Center here have found superconductivity , the loss of all el
THE ECONOMY PRODUCTIVITY TURNS UP SLIGHTLY
Wire and Staff Reports |
The nation's efficiency in churning out goods and services improved slightly in the fourth quarter o
THE ECONOMY CAR, TRUCK SALES INCREASE BY 25 PERCENT
(Ap) |
Led by a huge jump in industry-leader General Motors Corp.'s sales, automakers sold 25 percent more
WORLD TODAY
From Wire and Staff Reports |
US, Soviets to Meet To Discuss Grain PactThe United States and the Soviet Union will meet Ma
THIS COMPUTER SYSTEM MAKES AIR BOOKING EASY
Christopher Lofting |
The coming of interactive computer airline reservation systems was as essential to our modern air tr
Air Cargo
OPEC HAS NO PLANS TO CONFER ON PRICE DROP
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries has no plans to hold an emergency conference, desp
PEOPLE - OIL/GAS
From Wire and Staff Reports |
SHELL OIL CO. (Houston) - John F. Bookout said he will resign June 30 as president and chief executi
ENERGY BRIEFS
Wire and Staff Reports |
Pemex Announces Cut In Far Eastern PricesThe government oil monopoly Pemex announced a 45-ce
CARGO CARRIERS HIKE SERVICE IN SCOTLAND
Journal of Commerce Staff |
Do trade incentives promote commerce? In the case of Scottish Development Agency they sure d
Air Cargo
HOUSE PANEL PROBES MILITARY POLICIES ON USE OF PLANES
David Hess |
Under pressure from congressional investigators, the Army has told its top Corps of Engineers genera
Air Cargo
PENNEY CHARTERS 747S TO CARRY INDIAN CARGO
Journal of Commerce Staff |
In order to supply quickly the $100 million worth of goods required for its major Exhibition India p
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
AAR Corp. Purchases Fourth Boeing 737-300ELK GROVE VILLAGE, Ill. - AAR Corp. has purchased a
Air Cargo
AIRBUS STUDYING SITES FOR PRODUCTION IN US
John Davies |
Airbus Industrie, the European commercial jet manufacturer, says a year-long search for a site to bu
Air Cargo
US-KOREAN SHIP ACCESS TALKS ON HOLD
Journal of Commerce Staff |
The United States and South Korea are unlikely to resume talks on access to South Korea's shipping i
Maritime
CLARIFICATION CORRECTION
JOC Staff |
Provisions in a contract between the Springfield Terminal Railway and the United Transportation Unio
Rail News
MILITARY TRANSPORT BILL EXPECTED TO STAY LEVEL
Gregory S. Johnson |
The head of the Military Traffic Management Command doesn't believe cuts in the Pentagon budget will
Rail News
COMMERCE SEEKS BUYER FOR MODERN RAIL PLANT
Journal of Commerce Staff |
The nation's most modern steel rail-making plant, shuttered since mid-1987 as a result of the bankru
Rail News
RAIL BRIEFS
Wire and Staff Reports |
Union Tank Ordered To Pay Disputed FeesThe Interstate Commerce Commission ordered the Union
Rail News
GUILFORD, UNIONS DISCUSS PROBLEMS AT SPRINGFIELD
Journal of Commerce Staff |
Officials of Guilford Transportation Industries Inc. met Thursday with representatives of its railro
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
Sea-Land Gets OK On Sailing RequestThe Maritime Administration has agreed to allow Sea-Land
Maritime
PEOPLE - INSURANCE EX-FRANK B. HALL CEO ACCEPTS POST AT AON CORP.
From Wire and Staff Reports |
John F. McCaffrey, a former chairman and chief executive of Frank B. Hall & Co., was named senior vi
THE REAL OLYMPIC SPIRIT KNOWS NO BOUNDARIES
Christopher Brooks |
Being a top national athlete isn't enough anymore. Olympic Organizing Committee President Peter Uebe
QUEBEC BROKERS SEEK TO STOP CREDIT UNION FROM SELLING COVERAGE
Leo Ryan |
Quebec's insurance brokers are seeking a court injunction to stop the giant credit union, Mouvement
HOUSE OKS HEALTH BILL IN MASS.
(Ap) |
Gov. Michael S. Dukakis' first-in-the-nation proposal to provide health insurance to all Massachuset
BATUS MAKES HOSTILE BID FOR FARMERS
(Ap) |
BATUS Inc. Thursday launched a $4.5 billion hostile tender offer for Farmers Group Inc., one of the
INSURANCE BRIEFS
Wire and Staff Reports |
John Hancock Unit Plans Sale to AcmatHARTFORD, Conn. - Acmat Corp. said Thursday that it sig
INSURANCE EARNINGS
Wire and Staff Reports |
AIG Operating Net Rose in Fourth QuarterAmerican International Group Inc. Thursday reported
ACORD HOLDS ELECTIONS
Paula L. Green |
Marvin W. Ham, president and chief operating officer of Maryland Casualty Co., was named chairman of
SOFT MARKET MAY SLOW MOVES TOWARD AUTOMATION STANDARD
Paula L. Green |
The upcoming soft market will be another hurdle the insurance industry must clear as it moves towar
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FINNISH BANK'S EARNINGS RISE
Journal of Commerce Staff |
The Kansallis Group of Finland said earnings rose 17 percent last year to $169.8 million, or $1.32 a
DOLLAR DRIFTS LOWER AHEAD OF JOBS DATA
Knight-Ridder Financial |
The U.S. dollar declined slightly against most currencies Thursday in quiet trading. Analyst
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
W. GERMANY PLANS FUTURES MART IN '89
Janet Guttsman |
West Germany's planned financial futures market is still on target for a late 1989 start-up, Ruedig
FINANCIAL BRIEFS
Wire and Staff Reports |
Uruguay to Sign Pact With Creditor BanksUruguay today will sign a $1.8 billion refinancing a
PEOPLE - FINANCIAL
From Wire and Staff Reports |
FIDELITY BANK (Philadelphia) - Bernard J. Morgan was named chairman and chief executive officer of F
LONG BEACH, LOS ANGELES PROFITS JUMP
Bill Mongelluzzo |
The neighboring ports of Los Angeles and Long Beach have each recorded double-digit gains in net inc
Maritime
MARITIME CALENDAR
JOC Staff |
National Customs Brokers & Forwarders Association of America. Annual convention. March 6-11 at the S
Maritime
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