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FOREIGN HEADLINES
From Wire and Staff Reports |
Sudan Bank Fraud KHARTOUM, Sudan - Government investigators unearthed bank fraud so massive
Maritime
ON THE MOVE
-Staff Report |
Insurer AppointsThree VPsCapital Guaranty Insurance Co. said Kurt Guen, Helene F. Ja
FREE TRADE TOPS EC AGENDA
Janet Porter |
The recent acceleration of progress toward dismantling economic barriers within the European Communi
ENERGY BRIEFS
From Wire and Staff Reports |
Egypt Will Maintain Oil Export PricesCAIRO, Egypt - Egypt decided to maintain present oil ex
RYDER FIRM ON ENGINES
Michael S. Lelyveld |
Ryder Truck Rental is cooling its rhetoric but says it will keep the heat on engine makers to set in
CHINA EYES HIKE IN RETAIL SALES
(Ap) |
China's retail sales will reach 560 billion yuan ($150 billion) in 1987, up 13 percent from this yea
S. AFRICA, REST OF CONTINENT ON TRADE REBOUND
Tony Koenderman |
Trade between South Africa and the politically hostile black-ruled nations of Africa has experienced
SPOT PRODUCT PRICES
JOC Staff |
December 3, 1986 U.S. spot oil products price indications, sellers range, in cents per gallo
LONE COAL MINER READY TO QUIT
(Ap) |
After 37 years working a one-man coal mine, Ralph Bloom says he's ready toquit because of st
GREECE ALTERS SHIP POLICY MEASURES DESIGNED TO BOOST FLEET COMPETITIVENESS
Victor Walker |
After 13 months of intermittent discussions with shipowners and marine trade unions, the Greek gover
Maritime
US SUGAR POLICY RAPPED
Knight-Ridder Financial |
The U.S. sugar program has impoverished developing countries and impaired their ability to repay deb
US-JAPAN CHIP UNION URGED
Gloria Joseph |
Join forces or flounder is the message being sent out loud and clear to Japanese and U.S. semiconduc
Maritime
WORLD TODAY
From Wire and Staff Reports |
Warning on Air Taxes WASHINGTON - Sen. James Exon, D-Neb. and prospective new chairman of th
CONTROLLER: SCREEN NEVER PICKED UP LIGHT PLANE
Mark Barnhill |
An air traffic controller testified Tuesday that his radar screen never picked up the light plane th
PIPELINE DISPUTE SETTLED ARGENTINA, NETHERLANDS REACH ACCORD ON DEBT
Jeremy Morgan |
Argentine government officials claim to have reached an agreement in principle on resolving the prot
PLASTICS CORNER
Journal of Commerce Staff |
Dow Removes AllowanceOn ResinsMIDLAND, Mich. - The Dow Chemical Co. announced the re
INTENSIVE TECHNOLOGY AIDING SOVIET GRAIN PRODUCTION
Knight-Ridder Financial |
The U.S.S.R. reported it will use intensive technology for its grain crops on 36 million hectares in
FARM POLICY CHANGES URGED
Knight-Ridder Financial |
The key to reversing or at least stemming the "worst crisis world agriculture is facing since the Gr
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan's MITI Weighs Fund to Help BusinessesThe Ministry of International Trade and Industry
Maritime
UNITED TO INCREASE SERVICE FROM DULLES
Tim Neale |
United Airlines announced a 46 percent increase in service out of Dulles International Airport, Wash
PWA ACQUIRES CP AIR SALE SEEN DEFENSIVE MOVE TO COUNTER AIR CANADA
Journal of Commerce Special |
Sale of Canadian Pacific Air Lines to Pacific Western Airlines Corp. continues the consolidation of
MARITIME BRIEFS
From Wire and Staff Reports |
Intertanko Supports Gulf Escort ProposalIntertanko, the International Association of Indepen
Maritime
PORT PLAN ON HIRING APPROVED NEW ORLEANS ALLOWED TO REMOVE 18 JOBS FROM CIVIL SERVICE
Marie Prat |
The port of New Orleans won tentative approval of its plan to hire 18 management-level employees out
Maritime
NJ EXPECTED TO BACK JUA BAILOUT PLAN
(Ap) |
Supporters are predicting quick passage of a bill to reduce a $900 million deficit incurred by the J
DOLLAR DROP REVERSES UPTREND
Knight-Ridder Financial |
The U.S. dollar turned lower around midday Wednesday, reversing the uptrend in effect during the mor
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSSales of new single-family homes in the United States fell 9 percent in October.
THE ECONOMY
From Wire and Staff Reports |
New Home Sales Fell 9 percent in OctoberSales of new single-family homes in the United State
GM EMPLOYEES RETURN TO WORK
(Ap) |
Workers at five more General Motors Corp. assembly plants were back on the job Wednesday for the fir
LAVA HOT, CLAIMS ARE NOT
Alan Herbert |
Volcanic eruptions are among the most awesome sights nature can create. But since most peopl
DISTILLATE SUPPLIES DIP
Journal of Commerce Staff |
Supplies of distillate fuel declined while gasoline stocks rose, according to the American Petroleum
FRENCH MAIZE PRODUCERS HOPEFUL ON FEED GRAIN ROW
Knight-Ridder Financial |
French maize producers see hope in resolving the EC-U.S. feed grain dispute over Spanish accession t
PACCAR AND ROVER DISCUSS LEYLAND
Journal of Commerce Staff |
Talks between Paccar Inc. and Britain's state-owned Rover auto group lead ing to a possible takeover
PROGRAMS DON'T HELP US TRADE WITH MEXICO
(Ap) |
A federal study shows that trade between the United States and Mexico is not being significantly hel
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 3, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
RAIL EXTENSION APPROVED FOR LONDON COMPLEX
Journal of Commerce Staff |
A 1.5 billion ($2.1 billion) U.S.-led project to develop a major financial complex in East London l
Maritime
ICAHN SHOPPING FOR ANOTHER CARRIER TO GROUND RISING TWA COSTS
Kevin D. Thompson |
Trans World Airlines is shopping for another airline to keep TWA profitable, Carl Icahn, TWA chairma
UNIROYAL DISTRIBUTES ASSETS
Journal of Commerce Staff |
Uniroyal Inc. said that it has completed its previously announced plan of paying off debts and dist
ENERGY BRIEFS
From Wire and Staff Reports |
Va. College Wins Grant For Clean Coal ResearchERNDON, Va. - Virginia Polytechnic Institute a
ALASKA COMPETITION SET TO INTENSIFY
Bruce Johnson |
Overcapacity and rate competition in the Puget Sound-to-Alaska waterborne trade will intensify next
Maritime
JAPANESE HALT DUMPING OF CHIPS IN SOUTHEAST ASIA
(Ap) |
Japanese trade officials have assured their U.S. counterparts that Japan's semiconductor makers have
Maritime
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