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WRITE-OFF NOT OUT OF LINE, SFSP SAYS
JULIANA KING |
Santa Fe Southern Pacific Corp.'s $914 million write-off is a business management decision every oth
STRATEGY PAYS OFF FOR JAPAN TOBACCO DISPUTE OVER SHIPPING COSTS ENDS WITH FIRM WINNING RATE CUT
ROBERT SCHREFFLER |
Japan Tobacco Inc., smoldering for several months over the prospect of having to pay more this year
WEEK AHEAD
From Wire and Staff Reports |
Economic Reports<br><br> WASHINGTON - The government releases the Consumer Price Index for October T
ECONOMIC GROWTH LIKELY TO BE MODERATE, STEADY
Journal of Commerce Staff |
The United States will experience moderate but steady economic growth in 1987, but consumers probabl
GATT MEMBERS ANGRY AT JAPAN
FELIX DEARDEN |
Japan will be in the hot seat at the annual meeting of General Agreement on Tariffs and Trade member
GOVERNMENT PROCUREMENT: GATT PANEL MAPS CODE
(AP) |
Trade representatives from 20 countries agreed on a new code aimed at preventing governments from di
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>The United States will experience moderate but steady economic growth next year,
BOYD JOINS JOFC IN WASHINGTON
Journal of Commerce Staff |
The Journal of Commerce appointed John Boyd to its Washington Bureau. He will re place Linda Stern a
ECONOMY SEEN POISED FOR GROWTH FALLING INTEREST RATES, DOLLAR TERMED SIGNS OF STRONGER PROSPECTS
JOHN BOYD |
The Commerce Department's top economist believes the U.S. economy is poised for stronger growth in t
ON THE MOVE
Staff Report |
Morgan Stanley<br><br> Appoints32 Executives<br><br>The first three women managing directors of Morg
FRENCH COMMERCIALIZE STOCK OFFER MOVE TO PRIVATIZATION SPURS AD SCHEME
JACQUES NEHER |
A new French TV commercial depicts the sponsor's white 190-foot-long corporate logo rising up from b
CHANGE WON'T AFFECT US UNIT
Journal of Commerce Special |
The denationalization of Saint-Gobain SA later this month will have no direct impact on CertainTeed
TOOL ORDERS SURGE
Journal of Commerce Staff |
Orders for U.S. machine tools jumped 30.1 percent last month as domestic buying more than made up fo
BANKRUPTCY LAW DEBATED IN CHINA
(AP) |
A proposed law sanctioning bankruptcy in China has provided a peek at the secret world of Communist
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Data System May Boost<br><br> US-Latin America TradeA new automated foreign trade data system aimed
Maritime
TIMBER INDUSTRY NOT DEAD, JUST CHANGING
BRUCE JOHNSON |
Logging and processing timber in the Pacific Northwest is not a dying industry, but one that is chan
Maritime
AQUINO REPEALS DECREE ON RUMOR-MONGERING
RICHARD GOURLAY |
President Corazon Aquino has not lost her sense of humor even though Manila is replete with talk of
Maritime
CHINA PLANS PROVISIONS FOR IMPORT SUBSTITUTION
JASPER BECKER |
China is to introduce new regulations allowing joint ventures to earn foreign exchange by selling pr
Maritime
ARGENTINE DATA COULD PLUMMET BLEAK BALANCE OF TRADE OUTLOOK COMES ON EVE OF IMF TALKS
JEREMY MORGAN |
Government officials in Argentina predict this year's balance of trade surplus will fall by almost
Maritime
BANK SALE COLLAPSE HURTS GREEK INVESTMENT IMAGE
VICTOR WALKER |
For three hours, between the 9 p.m. and midnight news on Greece's state television, George Koskotas
Maritime
GREECE REVISES ESTIMATES ON 1986 TRADE DEFICIT
VICTOR WALKER |
While Greece had another relatively good trading month in September, the improvement was less than h
Maritime
INTERNATIONAL LOANS
Staff Report |
WORLD BANK<br><br> WASHINGTON - The bank disbursed $250 million to Nigeria to help finance the natio
Maritime
PERU, US BANK NEGOTIATE
BARBARA DURR |
The First Interstate Bank of California is in the final stages of negotiations with Peru for repayme
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Dutch-Soviet Pact<br><br> MOSCOW - Dutch Prime Minister Ruud Lubbers and Soviet Premier Nikolai I. R
Maritime
OVERNITE PURCHASE A FORERUNNER?
LEO ABRUZZESE |
More rail/truck mergers will follow Union Pacific Corp.'s purchase of Overnite Transportation Co., a
RAILS VIE WITH TRUCKERS PAPER FIRM'S EXECUTIVES DEBATE COMPARATIVE MERITS
ANDREA CHANCELLOR |
International Paper Co. said motor carrier competition for its business has more than doubled in the
SANTA FE RESTRUCTURING SURPRISES NIT OBSERVERS
GREGORY S. JOHNSON |
Shippers and industry observers attending the 79th annual National Industrial Transportation League
TRAFFIC BRIEFS
From Wire and Staff Reports |
Guilford Moves Jobs<br><br> From Albany AreaCOLONIE, N.Y. - Guilford Transportation Industries based
LEAKY TMI VALVES RELEASE WATER
(AP) |
Some 800 gallons of radioactive water leaked into a closed outdoor tank at the Three Mile Island Un
POWER EXCHANGES CUT STOCKPILING AS UTILITIES COOPERATE MORE, FEAR OF MINERS' STRIKE SHRINKS
ANDREA CHANCELLOR |
The growth in power exchanges between utilities is likely to diminish the need for large coal stockp
PRIVATE FIRMS EYE UK COAL-FIRED PLANTS
BRUCE BARNARD |
The U.K. government will decide shortly whether to allow private companies to operate coal-fired pow
ENERGY BRIEFS
From Wire and Staff Reports |
NRC Gives Ohio Utility<br><br> Nod to Reopen PlantThe Nuclear Regulatory Commission voted to authori
LOAN TO JORDAN SCORED BY CRITICS
Journal of Commerce Staff |
The U.S. Export-Import Bank last week said it is considering $20 million in credit support for the J
TAX REFORM'S WINNERS MAY INCLUDE UTILITIES
(AP) |
The state's utility companies stand to pay smaller federal tax bills under the nation's new tax code
CHEMICAL MARKETS
JOC Team |
Pfizer Hikes Caf<br><br> feine Price $1Pfizer Inc. announced an increase in its price of caffeine by
PLASTICS CORNER W. EUROPE GROWTH COULD WANE
Journal of Commerce Staff |
Real growth in plastics additives consumption in Western Europe will decline over the next decade to
POWER SYSTEM BOOSTS PPG'S PRODUCTION
Journal of Commerce Staff |
A new gas turbine, combined-cycle cogeneration plant is on stream at PPG Industries' Lake Charles, L
SEOUL RENEWS CALL TO STOP DAM PROJECT
(AP) |
South Korea on Friday renewed its call on North Korea to immediately cease" the construction of a hy
SPECIALTY ADDITIVES DESCRIBED
Journal of Commerce Staff |
The significant performance benefits of Surfynol surfactants and Ancor corrosion inhibitors are desc
ISLAND CREEK DEAL STIRS MART
TIM SANSBURY |
Island Creek Coal Co., Lexington, Ky., concluded a spot market coking coal deal in Belgium that has
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