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MEXICO SLASHES BUDGET TO BRAKE SOARING INFLATION
WILLIAM A. ORME Jr. |
An emergency government program to slow inflation and spur growth may not produce the desired short-
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
COST OF CREDIT
JOC Staff |
Wed., Dec. 16, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
COAST GUARD ADVANCES SCHEDULE TO PLACE BLACK BOXES ON BARGES
(Ap) |
Many barges that dump sewage sludge in the ocean will be equipped sooner than planned with so-called
NY INSURER LOWERS DOLLAR LIMIT FOR COVERAGE WITHOUT TESTS
Russ Banham |
New York Life Insurance Co. announced Wednesday that it would lower thedollar limits at whic
FTC CHIEF SUPPORTS END TO ANTITRUST EXEMPTION
Leah R. Young |
The McCarran-Ferguson Act antitrust exemption for the insurance industry should be repealed, the cha
AT&T BELL LABS ANNOUNCES FIBER SYSTEM ADVANCEMENT
(Ap) |
AT&T Bell Laboratories announced Wednesday it has built an experimental system that can transmit sig
UNDERWRITER TO FORM RISK GROUP
Laura Raley Borda |
Defense lawyers in Florida may soon have an alternative to expensive professional liability insuranc
MORE FUNDS SOUGHT FOR REGULATION
Russ Banham |
State insurance departments are not getting their fair share of the gravy from what are richer state
CONTROL SHIFT IS POSSIBLE FOR MCM
Journal of Commerce Staff |
McM Corp., a Raleigh-based insurance holding company and parent corporation of Occidental Life Insur
ST. PAUL'S AIMS TO CONTROL LLOYD'S BROKER
Edwin Unsworth |
Providing shareholders of Minet Holdings PLC are willing, The St. Paul Cos., of St. Paul, Minn., sta
AUTO RATE HIKE HIT AS TOO LOW
Michael S. Lelyveld |
A key Massachusetts insurance industry official said that anything less than a 10 percent net increa
CALIF. GROUP PROPOSES AUTO RATE REGULATIONS
Russ Banham |
Consumers Union filed a proposed initiative Tuesday that would establish a state-run automobile insu
CALIF. COVER STUDY SAYS: 'YOU BETTER SHOP AROUND'
(Ap) |
Careful shopping for homeowners' insurance can yield large savings, according to a survey by the sta
TEXTILE INDUSTRY SHOWS RECOVERY
Journal of Commerce Staff |
The U.S. textile industry has recovered somewhat from its 1984-85 recession, an industry leader said
NEWS SUMMARY
JOC Staff |
AVIATION Air Canada will resume full operations Friday following the settlement reached with
DEATHS LINKED TO ALCOHOL DOWN
Journal of Commerce Staff |
The National Commission on Drunk Driving in its annual progress report is noting some encouraging si
NEGOTIATORS SEEK WAYS TO REDUCE TRANSPORT BUDGET
Leo Abruzzese |
House and Senate budget negotiators are searching for ways to trim about $370 million in spending fr
INSURANCE BRIEFS
From Wire and Staff Reports |
Medigap Cover Costs Linked to Age in Md.Blue Cross and Blue Shield of Maryland will begin ma
STEEL PROFITS ROSE IN THIRD QUARTER
JOC Staff |
The U.S. steel industry's operating income rose again in the third quarter, the American Iron and St
GM PUTS SATURN PROGRAM BACK ON THE RIGHT TRACK
John Spelich |
General Motors Corp. board of directors has given the go-ahead to the company's Saturn program, by a
PUBLISHER'S NOTEBOOK
Don C. Becker |
I hope it's not too outrageous to say the United States and the rest of the free world ought to be c
ON THE MOVE SIN TO CHAIR HONG KONG EXCHANGE
Journal of Commerce Staff Report |
HONG KONG - Ronald Li, the flamboyant and controversial chairman of the Hong Kong Stock Exchange, st
POST OFFICE 'NOT BLUFFING' ON CUTBACKS
(Ap) |
Postmaster General Preston R. Tisch charged Wednesday that federal Budget Director James C. Miller "
JOBS GO BEGGING IN MASSACHUSETTS
(Ap) |
This is one state where you can tell your boss what you really think of him and quit. You won't be o
US TRADE AGREEMENT BOOSTS SAGGING TORIES
Leo Ryan |
The U.S.-Canada free trade deal has bolstered public support for the ruling Progressive Conservative
WORLD TODAY
From Wire and Staff Reports |
US and Canada Reach Agreement on LumberThe United States and Canada reached an agreement Wed
MAERSK LINE LEAVES DOOR OPEN ON JOINING WESTBOUND RATE UNIT
Rose A. Horowitz |
Maersk Line is leaving the door open about whether it will join the westbound rate-setting conferenc
WAR-RISK PREMIUMS HOLD STEADY DESPITE ESCALATION IN GULF ATTACKS
Edwin Unsworth |
Despite the escalation of attacks on merchant vessels in the Persian Gulf, marine insurers have been
LARGEST BOX LINE TAKES STEP TOWARD A PAPERLESS OFFICE
Tony Seideman |
Evergreen International (U.S.A.) Corp. has cast the latest link in an electronic chain that will eve
ECONOMISTS URGE IMMEDIATE STEPS TO AVERT A WORLDWIDE RECESSION
Richard Lawrence |
Another 10 percent depreciation of the dollar against both the Japanese yen and the West German mark
US MAY MISS OUT ON ELECTRONIC SALES
Andrea Chancellor |
China's imports of electronic components could reach $1 billion in 1990, but the United States may b
DUKAKIS OUTLINES HIS TRANSPORT PLAN
Howard S. Abramson |
Michael S. Dukakis is unusual among the large field of presidential hopefuls in that he has enunciat
BN RAIL OFFERS SHIPPERS 1-STOP SHOPPING SERVICE BURLINGTON NORTHERN SETS WORLDWIDE OPERATION
Lawrence Kaufman |
Burlington Northern Railroad, which has one of the more innovative marketing departments in the rail
POOR GRAIN HARVESTS FORCE CHINA TO ENTER FERTILIZER MARKET
Gary Aderman |
Declining grain production forced China to reverse past practice and import chemical fertilizer heav
MERRILL LYNCH ADOPTS PLAN TO THWART TAKEOVER BIDS
Journal of Commerce Staff |
Merrill Lynch & Co. said Wednesday it has adopted a stockholder rights plan to thwart "coercive" tak
DOLLAR DECLINE SPURS US SALES IN GERMANY
(Ap) |
Automobile salesman Helmut Becker says he had a hard time selling U.S. cars two years ago. But as th
Maritime
PAKISTANI TAKES STAND IN NUCLEAR EXPORT CASE
(Ap) |
A Pakistani resident of Toronto accused of trying to export metals used in nuclear weapons has denie
Maritime
EXPECTED TIMBER SHORTAGE MAY HIT EXPORTS
Journal of Commerce Special |
Man is cutting timber down all over the world at an alarming rate and that includes British Columbia
Maritime
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