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THE ECONOMY PRODUCTIVITY DECLINES AT 0.2 PERCENT ANNUAL RATE
Wire and Staff Reports |
The productivity of non-farm businesses fell at a seasonally adjusted annual rate of 0.2 percent in
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
TURKEY ACTS TO HALT CURRENCY SPECULATION
(Ap) |
Premier Turgut Ozal on Thursday announced a series of measures designed to halt speculation in forei
COOPERATIVES DOMINATE JAPANESE FARM LIFE
Agweek Magazine |
When Japanese farmers wanted to protest American pressure against Japanese trade policy, they didn't
HEINZ ACTS TO BUY SEAFOOD COMPANY
(Ap) |
H.J. Heinz Co. says it has entered into a merger agreement to acquire Bumble Bee Seafoods Inc. of Sa
HAZARDOUS CARGO ON JET WAS IMPROPERLY LABELED
Dave Higdon |
A mislabeled cargo package was responsible for forcing an emergency evacuation of 125 passengers on
FINANCIAL BRIEFS
Wire and Staff Reports |
Fed May Have Bought Treasuries for JapanNEW YORK - The Federal Reserve bought three-, five-
ATTACK LEAVES IRANIAN TANKER ABLAZE
(Ap) |
An overnight Iraqi attack left an Iranian tanker on fire in the northern gulf, the London-based Lloy
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
Vista to Produce Flexible PVCVista Chemical announced plans to begin producing a flexible po
BIOTECHNOLOGY INDUSTRY FACING CONSOLIDATION
Journal of Commerce Staff |
Survival through acquisitions and mergers may emerge in the biotechnology industry this year, accord
CHEMICAL BRIEFS
From Wire and Staff Reports |
Thermo Environmental Buys Consulting FirmWALTHAM, Mass. - Thermo Environmental Corp. announc
BOEING DOESN'T SEE SUPERSONIC MARKET UNTIL AFTER 2000
John Davies |
The Boeing Co. says a supersonic transport is becoming more and more technically feasible, but also
Air Cargo
RAIL BRIEFS
From Wire and Staff Reports |
Amtrak Collision Is 2nd in a WeekOMAHA, Neb. - An Amtrak train collided with a Burlington No
Rail News
DOLLAR FALLS SHARPLY VS. MARK AFTER FAILING TO BREAK RESISTANCE
Knight-Ridder Financial |
The U.S. dollar reversed course and turned sharply lower against the deutsche mark and pared earlier
CHINA TO ISSUE TREASURY BONDS
(Ap) |
China's State Council will issue 9 billion yuan ($2.4 billion) worth of treasury bonds this year, th
PUBLISHER'S NOTEBOOK
Don C. Becker |
On an icy winter evening there is something quite cozy about the Harvard Club. The bar and dining ro
PORT EVERGLADES REPORTS RISE IN NET INCOME
Journal of Commerce Staff |
Soaring container cargo and passenger volumes led the Port Everglades Authority to record net income
Maritime
UK EASES STANCE ON BP BID FOR BRITOIL
(Ap) |
The British government indicated Thursday that it is not worried that British Petroleum Co. PLC's ef
DOUGLAS PILOTS NEW JETS INTO THE MARKETPLACE
Bill Mongelluzzo |
McDonnell Douglas Corp. has launched its marketing program for the MD-91 and MD-92 aircraft, the fir
Air Cargo
MAHONING BUYS 2 LINES IN OHIO
Journal of Commerce Staff |
The Mahoning Valley Railway Co. has been allowed to acquire two rail lines in Ohio from the LTV Stee
Rail News
SEATTLE SALES CALLS TO INCLUDE THE SOVIET UNION
John Davies |
Interested in bringing a Soviet ship line back to Seattle, and in probing ashift of cargo to
Maritime
PEOPLE - EXPORTS BARKAN APPOINTED TO COMMERCE POST
Wire and Staff Reports |
The U.S. Commerce Department has appointed Joel W. Barkan director of the New York District Office o
Maritime
OIL SPILL UNDER ATTACK IN THE SOUND
JOC Staff |
With Mount Baker in the background, a boat loaded with oil spill containment booms circles a partial
Maritime
SEAMEN'S UNIONS SEEK UN PROTECTION IN PERSIAN GULF
Journal of Commerce Staff |
Representatives of seamen's unions met Thursday with United Nations Secretary- General Javier Perez
Maritime
INSURANCE EARNINGS
JOC Staff |
Operating Income Increases at ChubbChubb Corp. Thursday reported that operating income for t
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Japanese Report Shows Trade DeficitJapan posted a preliminary unadjusted trade deficit of $5
Transport, Trade and Regulation News
MANY SOVIET FIRMS LOST MONEY IN '87
(Ap) |
More than one Soviet enterprise in eight lost money last year, and the nation's factories have been
TREASURY WILL BE SELECTIVE IN BACKING NEW DEBT SCHEMES
Keith M. Rockwell |
A senior Treasury official told two House subcommittees Thursday that the United States hadn't promi
NEWS SUMMARY
JOC Staff |
AIR CARGO Mislabeled hazardous cargo on an American Airlines jetliner sent fumes into the pa
CBO PROJECTIONS FOR '88 FALL SHORT OF REAGAN TEAM'S
John Boyd |
The Congressional Budget Office has told lawmakers it projects slower economic growth and higher inf
US SEAWAY AGENCY EXPANDS TRADE MISSION ITINERARY
Robert F. Morison |
The U.S. St. Lawrence Seaway Development Corp. said that plans for its fourth annual trade mission c
Maritime
CHIPS' SLIGHT UPTURN CALLED A GOOD SIGN
Michael Feibus |
The semiconductor industry is in the midst of its mildest recovery in recent memory, and many observ
EPA SCUTTLES PLANS TO INCINERATE TOXIC WASTE AT SEA
(Ap) |
Federal officials, buffeted by budget concerns and a continued public outcry, have shelved plans to
MOBIL WORKERS WALK OUT IN 3 STATES
(Ap) |
More than 1,800 Mobil Corp. workers in California, Texas and Washington statewent on strike,
PEOPLE - AVIATION
JOC Staff |
MCDONNELL DOUGLAS CORP. (St. Louis) - Sanford N. McDonnell will retire as chairman and chief executi
Air Cargo
IVECO LAUNCHES CUSTOMER PROGRAM
Journal of Commerce Staff |
Iveco Trucks of North America Inc. has started a Valued Customer Program aimed at increasing custome
Trucking News
FLA. MALPRACTICE BILLS ADVANCE
(Ap) |
The Legislature passed bills Wednesday to establish voluntary arbitration in malpractice cases and l
HONG KONG MARTS FALL ON REVALUATION FEARS
P.T. Bangsberg |
Reports that Washington is seeking Britain's help to force a revaluation of the Hong Kong dollar sho
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