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HOME SALES HIT SEVEN-YEAR RECORD
(AP) |
Sales of existing homes, bolstered by falling home prices and low mortgage rates, climbed 4.4 percen
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
ELECTION-WATCH INHIBITS TRADING
RIPLEY WATSON Jr. |
Politics, money and sports affected stock market trading Tuesday as the Dow Jones industrial average
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>Knight-Ridder Inc. agreed to acquire the State-Record Co., a South Carolina news
DOLLAR RALLY FALTERS AS CURRENCY DECLINES
Knight-Ridder Financial |
The U.S. dollar's three-day rally faltered Tuesday as the currency slipped lower against all major c
NON-COMPETITIVE ROLE DISPLEASES BANKERS
JOHN DAVIES |
Commercial banks are turning into "disadvantaged" institutions that are losing their traditional gr
TURKEY TO GET 3RD ZONE BECHTEL INKS ACCORD FOR YUMURTALIK PROJECT
NICK TERDRE |
San Francisco-based Bechtel Group Inc. signed a protocol with the Turkish government to set up the c
KNIGHT-RIDDER TO BUY STATE-RECORD
JOAN CHRISSOS |
Knight-Ridder Inc. agreed to acquire the State-Record Co., a South Carolina newspaper company that p
ON THE MOVE
Staff Report |
Continental<br><br> ReplacesPresident<br><br>Thomas G. Plaskett was named president and chief execut
PERSONAL INCOMES GROW ONLY 1.4 PERCENT
(AP) |
Personal incomes in the United States rose a modest 1.4 percent in the spring as overall income grow
BANKS FEEL URGE TO MERGE
JOHN DAVIES |
Bankers, like players in the World Series, face growing pressure to either try to hit a home run and
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Chrysler Raises Stake<br><br> In Maserati to 15.6 percentChrysler Corp. increased its stake in Maser
Maritime
INTERNATIONAL CALENDAR
JOC Team |
REGIONAL INVESTMENT PROMOTION MEETING FOR SADCC COUNTRIES. The Southern African Development Coordina
Maritime
US-JAPAN TRADE WAR SEEN
(AP) |
The United States and Japan face a head-on collision over trade unless each nation changes its funda
Maritime
STEELMAKERS FACE FACTS IN JAPAN STEADILY DECLINING DEMAND LIKELY TO FORCE OUTPUT CUTS
A.E. CULLISON |
Japan's "big five" steel companies will cut annual production over the next two to three years to 90
Maritime
IMF CLEARS FUNDS FOR PHILIPPINES
Journal of Commerce Staff |
The International Monetary Fund approved the use of 422.1 million in special drawing rights, or $519
Maritime
INTELSAT CHIEF STRESSES TELECOM'S POTENTIAL
Journal of Commerce Staff |
Telecommunications is the world's most promising investment sector to generate wealth in developing
Maritime
OUTLOOK DIM FOR BRAZIL LOANS
JAMES BRUCE |
Poor industry performance is blocking World Bank and private loans for investment in two key Brazili
Maritime
BRAZIL ACCEPTS USED GOODS INVESTORS EXPECT TO BENEFIT FROM MARKET OPENING
JAMES BRUCE |
Several Brazilian industries plan to take advantage of the country's recent lift of a ban on importi
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Contra Cases Open<br><br> THE HAGUE, Netherlands - The World Court ordered the first detailed argume
Maritime
ILA SPLIT CLOUDS MD. TALKS
Journal of Commerce Special |
Presidents of Baltimore's ILA locals held a special meeting to complain about their top negotiators
Maritime
NEW AID PACKAGE SEEN FOR MEXICO
(AP) |
While some U.S. banks may be reluctant to participate in a package of $6 billion in new loans to Me
Maritime
NEW CARRIER TO BEGIN SEA TRIALS
(AP) |
The nation's newest aircraft carrier, a $2.3 billion flattop named for Theodore Roosevelt, begins se
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Fernandez in Jordan<br><br> MADRID, Spain - Foreign Minister Francisco Fernandez Ordonez left for a
Maritime
SEA TRADE GROWS 3 PERCENT AT DULUTH
Journal of Commerce Staff |
Total waterborne commerce moving through the port of Duluth-Superior for the period ending Sept. 30
Maritime
GREECE SEES TRADE, TOURISM THREATENED
VICTOR WALKER |
Greece has complained to the European Community over its "lack of solidarity and support" for Athens
Maritime
NAVY WANTS SUBMARINE TO BE MADE SHIPSHAPE
(AP) |
The Navy has asked that substantial repairs be made to the USS Croaker, a 43- year-old retired subma
Maritime
EARNINGS
JOC Team |
Norfolk Southern's<br><br> Quarterly Profit SmallerNORFOLK, Va. - Norfolk Southern Corp. reported th
NYSA'S OFFER REDUCES GANGS, GAI BENEFITS
ALAN F. SCHOEDEL |
Supposedly close to agreement on their local port contract, the New York Shipping Association and th
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Mass. Academy Wins<br><br> Scholarship AwardThe Student Port Propeller Club of the Massachusetts Mar
Maritime
GUILFORD LAWYERS BUSY WITH SEVERAL ACTIONS
TOM McNIFF Jr. |
Guilford Transportation Co. has asked a federal court to order the National Mediation Board to begin
$5 BILLION VOTED FOR DREDGING 48 PROJECTS APPROVED OR AWAIT GO-AHEAD
Juliana King |
More than $5 billion will flow to port and waterway improvement projects under the Water Resources
Maritime
DISMEMBERMENT OF THE JNR
LEWIS M. SIMONS |
Despondent because he expected to lose his job when the Japan National Railway is broken up into pri
TRAFFIC BRIEFS
From Wire and Staff Reports |
Cummins Engine Plans<br><br> To Trim Work ForceCOLUMBUS, Ind. - Cummins Engine Co., a manufacturer o
FLA.'S CENTURION THRIVING IMPORT BOOM MAKES THIS DEALER MODEL OF SUCCESS
CRAIG DUNLAP |
A good product or service means nothing if a market doesn't exist, so timing and location are keys t
SAC COMMANDER WANTS MX MISSILES ON TRAINS
(AP) |
The head of the Strategic Air Command wants 50 more long-range MX missiles to be built and put on tr
AVIATION BRIEFS
From Wire and Staff Reports |
Ryder Unit to Acquire<br><br> Stake in Van Dusen AirRyder System Inc. said its Aviall Inc. subsidiar
UK AIRLINE STOPS HIRING ON SEX-BASE
(AP) |
Dan-Air, Britain's second-largest airline, was told its refusal to hire men as cabin attendants is s
CANADIAN GROUPS OPPOSE AIR CARGO TAX
ANDREW TAUSZ |
The Canadian government's plan to introduce an air cargo tax by April 1987 is meeting stiff oppositi
EUROPE EXPECTED TO PICK UP CNS CONCEPT
RICHARD MALKIN |
Brian Barrow is a soft-spoken, low-key, Cambridge-educated Englishman who apparently favors understa
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