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US FACILITIES CORP. PLANS TO GO PUBLIC
C.A. Carpenter |
US Facilities Corp. is proposing to go public and enter the property/casualty reinsurance business w
STOCKS DECLINE ON GNP REVISION
Journal of Commerce Staff |
Stocks declined Tuesday amid concern about weak corporate profits following the Commerce Department'
COST OF CREDIT
JOC Staff |
Tuesday, August 19,1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU.K.
ITALY UPHOLDS COURT ORDER FREEZING LIBYAN ASSETS
(Ap) |
A judge upheld a court order freezing US$25 million in Libyan assets obtained by two Italian compani
Maritime
PACT ENDS PENSION PLAN AT WHEELING-PITTSBURGH
(Ap) |
The federal agency that underwrites the pensions of 38 million retired workers agreed to take over p
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSA first-year revenue gain in the tax reform bill might give Congress an excuse t
INSURANCE BRIEFS
Wire and Staff Reports |
Sponsor Blasts Defeat of Fishing Insurance BillThe sponsor of federal legislation aimed at r
INTERNATIONAL BRIEFS
Wire and Staff Reports |
General Signal Sells S. African OperationsSTAMFORD, Conn. - General Signal Corp. said it sol
Maritime
STEEL PRODUCTION UP 2.8 PERCENT FOR WEEK
(Ap) |
Steel production rose to 1.246 million tons in the week ended Aug. 16, an increase of 2.8 percent fr
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSA first-year revenue gain in the tax reform bill might give Congress an excuse t
US ECONOMIC GROWTH WORST SINCE 1982
Linda Stern |
Continued deterioration in business investment and in the U.S. trade performance over the last three
BANKS SET LENDING FOR MEXICO
(Ap) |
The committee of commercial banks overseeing bank credit negotiations with Mexico said they had agre
ON THE MOVE
-Staff Report |
Lowe Tapped For Top PostAt CanadairDonald C. Lowe will become Canadair's president a
DOLLAR SLIDES ON NEWS OF REVISED GNP DATA
Knight-Ridder Financial |
News of the lowest quarterly economic growth figure in the United States in 3 years drove the U.S. d
GAINS FROM TAX BILL RESTRAIN BUDGET AX
Linda Stern |
A first-year gain of $11 billion in the tax reform bill might provide Congress the excuse it needs t
SHIPPING CHAMBER SLAMS GREEK BILL
Victor Walker |
The Shipping Chamber of Greece, the Greek government's principal advisory agency on marine affairs,
Maritime
TUGS DOUSE TANKER BLAZE NORWAY'S AKARITA BADLY DAMAGED AFTER GULF ATTACK
(Ap) |
Tugboats extinguished a blaze aboard a Norwegian-owned supertanker in one of the biggest marine salv
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COMMODITY BRIEFS
Wire and Staff Reports |
Canadian Wheat Crop Looks Good So FarKANSAS CITY Canadian prairie wheat production this yea
HOW TO MAKE CARRIERS VANISH
(Ap) |
U.S. Navy aircraft carriers, despite their incredible size, are becoming adept at a form of magic.
Maritime
7 COMPANIES SEEK LICENSES AS FORWARDERS
Journal of Commerce Staff |
Seven companies applied recently to the Federal Maritime Commission for licenses to act as independe
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Fruehauf Board Weighs Competing BidsA special committee of Fruehauf Corp.'s board of directo
CONN. TO USE NEW SCALE FOR TRUCKS
TOM McNIFF JR. |
Heavy truck traffic has increased between 40 percent and 50 percent on Interstate 95 since the state
MERGER FALLOUT ASSESSED MARKET IMPACT OF GM MOVE UNCERTAIN
Michael S. Lelyveld |
Industry officials are divided over who will pick up the pieces of General Motors Corp.'s market sha
CHP CRACKING DOWN ON TRUCK VIOLATIONS
Maureen Robb |
The California Highway Patrol said it found more than 1,000 safety violations when it checked 452 tr
CANADIAN NATIONAL RAILWAYS POSTS INCREASE IN PROFITS
Leo Ryan |
Canadian National Railways said second quarter profit rose to C$59.9 million (US$43.1 million) from
VISITS OF STATE
JOC Staff |
Sihanouk in Jakarta JAKARTA, Indonesia - Prince Norodom Sihanouk, president of the tri-parti
Maritime
BRAZILIAN FEARS ALLAYED DOMESTIC CONSUMER BOOM DOES NOT HURT EXPORTS
James Bruce |
Fears that Brazilian exports would be hurt by booming domestic consumer demand are proving to be unf
Maritime
BRAZIL TARGETS EQUIPMENT IMPORTS
James Bruce |
Brazil is moving cautiously to adjust overloaded industrial capacity to booming demand, slowly lower
Maritime
AUSTRALIA LIFTS BAN ON EXPORT OF URANIUM
(Ap) |
Australia lifted a three-year ban on uranium exports to France, conceding that the sanction didn't w
Maritime
SEA-TAC SPREADS WINGS UNITED, ALASKA GROWTH PROMPTS TERMINAL EXPANSION
Bruce Johnson |
Major service expansions by United Airlines and Alaska Airlines are forcing the Port of Seattle to s
Maritime
AUSTRALIA BRACES FOR STRICT BUDGET
Vincent W. Stove |
Australians are getting ready for what has been billed as the toughest national budget in half a cen
Maritime
WEST COAST BRIEFS
Wire and Staff Reports |
Quaker Oats Acquires Maker of Rice-A-RoniSAN LEANDRO, Calif. - Golden Grain Macaroni Co., a
Maritime
UNITARY TAXING NEARS END IN CALIF.
(Ap) |
Agreement appears to be nearing in the high-stakes struggle over California's decades-old unitary me
Maritime
JAPANESE TOBACCO HAS US FUMING
A.E. Cullison |
Representatives of the Reagan administration warned that retaliatory measures against Japan may be f
Maritime
US KEEPS JAPAN HONEST TRADERS UNVEIL SYSTEM TO MONITOR TELECOM SALES
A.E. Cullison |
The United States and Japan agreed Tuesday to set up a joint monitoring system to determine whether
Maritime
AUSTRALIA CRITICIZES US-SOVIET GRAIN DEAL
Dirck Steimel |
and they are expected to do so in coming weeks - Australian farmers undoubtedly will lose export sal
TAIWAN COULD RETALIATE AGAINST US CORN GROWERS
JOC Staff |
Taiwan will stop buying corn from the United States if corn farmers there continue to support trade
SHUTTLE PLAN MEANS ROCKWELL JOBS
Los Angeles Daily News |
President Reagan's decision to build a $2.8 billion replacement shuttle for Challenger will mean at
Maritime
COMMENTS SOUGHT ON FEED GRAIN PLAN
(Ap) |
The U.S. Department of Agriculture is seeking public comments to help design next year's feed grain
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