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TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>The House passed the tax reform bill. Page 3A BANKING<br><br>Argentina sent fin
NEWSPAPER QUESTIONS WISDOM OF SITE FOR CHERNOBYL PLANT
(AP) |
In an article linking the Chernobyl disaster with a history of Soviet bureaucratic bungling, a leadi
SMALL INSURERS FEEL RATINGS IMPACT
JAMES NOLAN |
D. Theodore Robinson, president of New York Central Mutual Fire, in Edmeston, N.Y., near Buffalo, le
TRADE ROUND COULD YIELD RESULTS WITHIN 2 YEARS
HELEN ERICSON |
U.S. Trade Representative Clayton Yeutter predicted a new round of global trade talks within two yea
ILA HOLDS FIRM AT 11TH HOUR CONFUSION MARKS PROCEEDINGS
This story is based on reporting by Tom McNiff in Boston, |
Only some 11th-hour settlements can fend off the most confusing contract situation the International
LYKES PLANS TO CHARTER 3 USL CONTAINERSHIPS
JOSEPH BONNEY |
Lykes Bros. Steamship Co. will charter three modest-sized containerships from United States Lines fo
MEXICANS AWAIT NOD ON LOAN
WILLIAM A. ORME Jr. |
Mexico's $6 billion fresh loan request and proposed $52 billion rescheduling pact should be approved
DOT ASKS REVIEW OF SF-SP
DAVID M. CAWTHORNE |
The Department of Transportation has asked the Interstate Commerce Commission to reconsider its reje
WAH KWONG GETS A BOOST
ROGER SCHREFFLER |
The financially troubled Wah Kwong shipping group, seeking to win support for its debt restructuring
WORLD TODAY
From Wire and Staff Reports |
Sanctions Veto Likely<br><br> WASHINGTON - President Reagan will veto the congressional bill imposin
EC FORECASTS RECOVERY IN STEEL
(AP) |
The European Commission forecast that the European Community's steel production will show a small re
Maritime
EX-IM BANK BILL LIKELY TO BE INKED
RICHARD LAWRENCE |
President Reagan is likely to sign new Export-Import Bank legislation despite administration reserva
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> The House passed the tax reform bill. Page 3ABANKING<br><br>Argentina sent fin
UK BACKS SOFT LOANS FOR CHINA
JASPER BECKER |
British export projects to China will be given a boost through rare soft-loan facilities supplied by
LINDA STERN'S ECONOMIC BEAT
LINDA STERN |
IT'S SAD THAT PEOPLE in Washington have become so cynical about the budget situation. The package Co
ON THE MOVE
Staff Report |
Walsh Named<br><br> To HeadUP Railroad<br><br>Union Pacific Corp. said it named Michael H. Walsh cha
CANADA WOOS E. BLOC
ALBERT AXEBANK |
Canada, although no newcomer to East Bloc markets, lately seems to be more active in this area than
HOUSE APPROVES TAX BILL HALF-HEARTED SUPPORT ENOUGH
LINDA STERN |
The House passed the tax reform bill by a comfortable margin, despite a growing body of opposition t
ARGENTINA PROPOSES TOUGH BANK REFORM
JEREMY MORGAN |
The government of Argentina sent a financial reform bill to Congress amid continuing reaction to the
Maritime
BRAZILIAN MEAT CRISIS ENDS
JAMES BRUCE |
Cattlemen and slaughterhouses will begin supplying Brazilian consumers again next week after bowing
Maritime
BANK SETTLES BRAZIL ACTION OUT OF COURT
JAMES BRUCE |
Bank of America spokesmen confirmed here and in San Francisco Thursday that the bank reached an out-
Maritime
LONDON FOUND TOPS IN BANKING
JANET PORTER |
London remains by far the largest international banking center in the world despite the recent growt
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
S. African Sanctions<br><br> FRESNO, Calif. - Former British Prime Minister Edward Heath said South
Maritime
PERU LAUNCHES TALKS WITH BANK CREDITORS
BARBARA DURR |
Peru will will begin negotiations today with its commercial bank creditors for the first time since
Maritime
BANK OF ENGLAND SEES STEADY INTEREST RATES
JANET PORTER |
The recent depreciation of sterling against other major currencies does not yet call for an upward m
Maritime
VISITS OF STATE
From Wire and Staff Reports |
Japan Visit Ruled Out<br><br> UNITED NATIONS - A visit by Mikhail Gorbachev, Soviet leader, to Japan
Maritime
A WARMER TRADE CLIMATE? WORLD BANK-IMF EFFORTS SEEN STEP FORWARD
ROSALIND RACHID |
Policies established at the World Bank and International Monetary Fund meetings should provide the i
Maritime
THROES OF CHANGE: AUTOMATION IS RADICAL, EXPENSIVE APPROACH
JOC Team |
More than simply a means to cut labor costs, factory automation represents a radically new approach
SOME COMPANIES FIND LIFE IN OUTSOURCING
JOC Team |
Although automation will help many U.S. companies survive, it's not a panacea that will enable all U
MANUFACTURING: A KEY TO GROWTH
JOC Team |
Although there is surprising agreement among experts regarding the future direction of U.S. manufac
AVIATION BRIEFS
From Wire and Staff Reports |
Pilots Seek Equipment<br><br> To Avoid CollisionsThe president of the Air Line Pilots Association ca
WEEKLY RAIL FREIGHT REPORT
JOC Team |
For the week ended Sept. 13, 1986, total piggyback freight hauled on the nation's major railroads eq
CSX REITERATES POLICY OF EQUALITY
CRAIG DUNLAP |
Sea-Land Service will not receive special service and rate considerations<br><br>from CSX Corp. shou
B&M TO LAY OFF 1,000 AS RAIL PACT IS LOST
TOM McNIFF Jr. |
Some 1,000 Boston & Maine Railroad employees will be laid off Jan. 1 as the company loses a contract
US-JAPAN AIR TALKS END WITHOUT PROGRESS
A.E. CULLISON |
Negotiators representing the United States and Japan ended two days of civil aviation discussions in
NEDLLOYD EYES DUTCH LINE NEGOTIATIONS OPEN IN BID FOR COMMUTER SERVICE
SIMON CAMERON MOORE |
Anticipation of the European Community's liberalization of the air transport market has prompted Ro
TRAFFIC BRIEFS
From Wire and Staff Reports |
House Panel Approves<br><br> Truck Brake ProvisionA provision aimed at requiring truckers to have fr
FRANCE'S VISA REQUIREMENTS CAUSE PROBLEMS
CHRISTOPHER LOFTING |
France is having more than its share of problems luring travelers to its<br><br>shores at the moment
CUOMO TAPS BRADFORD FOR NY UTILITY POST
JOC Team |
Gov. Mario Cuomo confirmed that he has selected Peter Bradford, chairman of the Maine Public Servic
ENERGY BRIEFS
From Wire and Staff Reports |
Niagara Mohawk Raises<br><br> Rate-Hike RequestALBANY, N.Y. - Niagara Mohawk Power Corp. increased i
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