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TRAFFIC BRIEFS
From Wire and Staff Reports |
Union Says Greyhound<br><br> Violated AgreementPHOENIX, Ariz. - A union leader says that Greyhound C
LOWER FLOORS, TIRES PRESENT PROBLEMS
MICHAEL LELYVELD |
Truckers are beginning to wonder how much productivity they can stand.<br><br> They've done everythi
JUDGE SLASHES RECORD AWARD
Journal of Commerce Staff |
A woman who won a $65 million medical malpractice verdict against a city hospital has had her award
INSURANCE BRIEFS
From Wire and Staff Reports |
Senate Panel Delays Vote<br><br> On Bermuda Tax TreatyThe Senate Foreign Relations Committee decided
INSURERS ARMED AGAINST BANKS
C.A. CARPENTER |
Citicorp has unwittingly opened a new window of opportunity for insurance agents to put more pressur
AGENTS' COMPLAINTS CENTER ON SEVEN BANK ACTIVITIES
Journal of Commerce Staff |
The Federal Reserve Board has identified seven permissible insurance activities for national banks t
NUCLEAR LIABILITY DEBATE DELAYED
LEAH R. YOUNG |
After months of wrangling among three House committees and as many interested parties in the Senate,
SENATORS CLING TO PLAN TO RAISE 55 MPH LIMIT
(AP) |
Senators negotiating a multibillion-dollar highway funding bill continue to cling to their plan to r
AVIATION BRIEFS
From Wire and Staff Reports |
Lufthansa to Operate<br><br> Dulles, Frankfurt FlightLufthansa German Airlines will inaugurate non-s
TRANSPORT CALENDAR
JOC Team |
Haz Mat Trans Expo and Safety Conference, on handling and transporting hazardous material. Oct. 1-3.
FBI PROBES COVER-UP CHARGES
(AP) |
The FBI is investigating allegations that the Federal Aviation Administration softened a 1984 safety
DHL BID ADD TO DATA ON FAR EAST SURVEY
JULIANA KING |
DHL Airways Inc. must provide further information on its Far East market survey before submitting it
AIR TRAFFIC CONTROLLER ERROR BLAMED FOR NEAR COLLISION
(AP) |
Air traffic controller error has been tentatively blamed by the Federal Aviation Administration for
MERGER PRESSURES MOUNT PEOPLE EXPRESS PUSHES FOR NOD ON TEXAS AIR DEAL
TIM NEALE |
The key players involved in the pending acquisition of People Express Inc. by Texas Air Corp. are sc
FLIGHT ATTENDANTS UNION SUES TWA
(AP) |
A flight attendants union has filed a federal lawsuit against Trans World Airlines alleging the carr
DISTILLATE FUEL SUPPLIES CONTINUE STRONG BUILDUP
Journal of Commerce Staff |
Supplies of distillate continued a strong buildup, according to the American Petroleum Institute's l
PETROLEUM STOCK LEVELS SEEN BULLISH FOR FUTURES
Knight-Ridder Financial |
Petroleum inventory levels, as reported by the American Petroleum Institute, were interpreted as neu
ATLANTIC, ULTRAMAR SET CLOSING DATE
Journal of Commerce Staff |
Atlantic Petroleum Corp., King of Prussia, Pa., and Ultramar Petroleum Inc., Monta vale, N.J., said
CUBA TO BUILD SUPERTANKER BASE
(AP) |
Cuba signed contracts with Soviet and French companies to build a base capable of handling oil super
ENERGY BRIEFS
From Wire and Staff Reports |
Amoco Buys Interest<br><br> In Texas WellsAmoco Production Co. entered into a formal purchase and sa
CASH PRICES FIRM IN NEW YORK HARBOR
Knight-Ridder Financial |
Cash petroleum prices gained in the New York harbor area this week, following<br><br>gains in the fu
ENGLEHARD TO BUILD PLANTS FOR MAKING OF CATALYSTS
Journal of Commerce Staff |
Englehard Corp., Edison, N.J., said it will construct plants in Western Europe and Canada to manufac
KUWAIT BLOCKS OPEC ACCORD MAJORITY OF OIL MINISTERS FAVOR EXTENSION OF CUTS
BRUCE BARNARD |
Kuwait is standing in the way of agreement by the Organization of Petroleum Exporting Countries to e
SUDAN DISENCHANTS WEST
HOWARD SCHISSEL |
Escalating warfare in oil-rich southern Sudan has dealt a near fatal blow to hopes of Western firms
UNION TEXAS PETROLEUM ACQUIRES PROCESSING PLANT
Journal of Commerce Staff |
Union Texas Petroleum said it purchased a natural gas processing plant in central Texas from El Paso
AIR PRODUCTS ACQUIRES LICENSE
Journal of Commerce Staff |
Air Products and Chemicals Inc. and Wacker-Chemie GmbH of West Germany signed a new technology licen
ENERGY BRIEFS
From Wire and Staff Reports |
Governor Plans Action<br><br> Against Seabrook TestsMassachusetts Gov. Michael Dukakis says the stat
UK OFFICIAL SUPPORTS NUCLEAR ENERGY
(AP) |
Peter Walker, U.K. energy secretary, told the Conservative Party's annual conference the government
CHIRON, CIBA-GEIGY PLAN JOINT VENTURE
(AP) |
Chiron Corp. plans to form an equally owned joint venture with Ciba-Geigy Ltd., the world's fifth la
NUCLEAR PLANT STARTS IN W. GERMANY
(AP) |
Anti-nuclear protesters blocked roads and disrupted traffic to protest the start-up of West Germany'
GRACE CUTS CORPORATE STAFF IN RESTRUCTURING MOVE
(AP) |
W.R. Grace & Co. said it cut 164 jobs in its corporate staff, a reduction of about 25 percent.<br><b
OFF-SITE POWER TESTS TO RESUME AT HOPE CREEK
(AP) |
The Hope Creek nuclear power plant suspended start-up operations since Sept. 11 because of testing p
POWER LINE FACES DELAY OBJECTIONS COULD FORCE CONTRACT RENEGOTIATIONS
TOM McNIFF Jr. |
New England Hydro-Transmission Corp. says the New Hampshire attorney general has raised moot" financ
PLASTICS CORNER CANADIAN SHIPMENTS INCREASE
Journal of Commerce Staff |
Canada's plastics fabricators shipped $8.7 billion worth of products in 1985, an increase of 11.4 pe
COST OF CREDIT
JOC Team |
Wednesday, October 8, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
FINANCIAL BRIEFS
From Wire and Staff Reports |
BankAmerica Merger<br><br> Could Mean Big LayoffsThe proposed merger of BankAmerica Corp. and First
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LEADING INDEXES FAVORABLE FOR US
Journal of Commerce Staff |
Leading indexes compiled by the Center for International Business Cycle Research at Columbia Univers
INDONESIAN TIN FIRM TO BOOST PRODUCTION
P.T. BANGSBERG |
The state-owned tin company of Indonesia plans to raise output sharply this year to 27,000 tons desp
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
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