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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday April 2, 1997Prevailing sellers' posted prices at the close of business, represent
DOW FILES SUIT ACCUSING GE OF PIRATING TRADE SECRETS FROM TWO OF ITS OPERATIONS
Reuters |
Dow Chemical Co. has filed a lawsuit charging General Electric Co. with pirating trade secrets from
API WEEKLY REPORT \ CRUDE OIL INCREASE COUNTERS DECLINE IN MOST INVENTORIES
Journal Of Commerce Staff |
U.S. inventories of distillate fuel oil, used as home heating and diesel fuel, declined by 2.6 milli
HEAVEN'S GATE INSURER ENDS ABDUCTION POLICY
Staff And Wire |
The company that insured the 39 members of the Heaven's Gate cult against abduction by aliens stoppe
BRIEFS
From Wire and Staff Reports |
LLOYD'S OF LONDONRECORDS ANOTHER PROFITLONDON - Lloyd's of London said Wednesday that it ear
MANAGED CARE DRAWS PRAISE _ WITH CAVEAT
Ron Lent |
A national authority on health-care systems warned the government to avoid meddling with managed-hea
COLORADO AIMS AT UNINSURED DRIVERS
Associated Press |
After lengthy debate and testimony from an uninsured driver who claimed legislators ''want to hunt u
CALIFORNIA COMMISSIONER BACKS LLOYD'S LEGAL FIGHT
Ron Lent |
California Insurance Commissioner Chuck Quackenbush recently entered a bitter appellate court fray,
BRIEFS
From Wire Reports |
AGENCY FIGHTS ORDERTO RELEASE ADM TAPESPEORIA, Ill. - The Justice Department hopes to appeal
COFFEE ROASTERS REINING IN IMPORTS
Howard Simon |
While coffee consumers are not thinking of scaling back on their drinking habit, United States manuf
MEXICO TAPS CONAGAS FOR PERMIT
Mary Sutter |
The Mexican government has awarded the permit to distribute natural gas in the northern region of Pi
UN BODY REFUTES REPORT ON NUCLEAR WASTE SAFETY
Arthur Gottschalk |
The United Nations body that governs nuclear commerce says that existing rules for ocean shipping of
BRIEFS
From Wire and Staff Reports |
FEDEX EXPANDSTHREE-DAY OFFERINGMEMPHIS - Federal Express Corp. will begin offering its lower
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGAirports Council International North America. Various events throughout year. Contact
PEOPLE ON THE MOVE
From Wire and Staff Reports |
AUSTRALIA-NEW ZEALANDDIRECT LINEJeffrey H. Heisler will assume the new position of vice pres
PRESIDENT OF COSCO SUBSIDIARY: LINE VICTIM OF SMEAR CAMPAIGN
Journal Of Commerce Staff |
The U.S. subsidiary of China's state-run shipping line is the victim of a smear campaign by unnamed
LA BALKS ON BULK SHIPMENTS
Bill Mongelluzzo |
The Port of Los Angeles is engaged in a public dispute with one of its tenants over the future of bu
AIR CARGO ADAPTS TO NEW FAA RULES
Andrew Blum |
Michelle Jepsen's company expects to pay more to ship its water system equipment.And while s
BRIEFS
From Wire and Staff Reports |
SHIPSA.N. DERINGER BUYSMARON SHIPPING AGENCYMIAMI - A.N. Deringer Inc. of Ve
COMING DOWN TO EARTH
JOC Staff |
Photo only
SHIP LINES, NEIGHBORS GIVE BAHAMAS PORT UNDIVIDED ATTENTION
Kevin G. Hall |
Ports in the Caribbean, Florida and on the U.S. South Atlantic coast are watching anxiously as a new
TEXTILE MAKERS TRY TO FORCE RETAILERS TO BUY AMERICAN
John Maggs |
U.S. textile companies have been trying for two years to show evidence that Limited Inc. and other c
HOLT ACQUIRES A 15 PERCENT STAKE IN ACL FROM BILSPEDITION
Janet Porter |
Holt Cargo Systems acquired 15 percent of Atlantic Container Line, the trans-Atlantic carrier that t
JOURNAL OF COMMERCE - FAST FACTS \ US TRADE DEFICIT PROJECTED TO 2001.
DRI, Lexington, Mass. |
No text.
CRASH MAY SPAWN MORE NAFTA DEBATE
Bill Mongelluzzo |
A tragic accident involving a Mexican truck driver could foreshadow the type of controversy that wil
COST OF CREDIT
JOC Staff |
Tuesday, April 1, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
US MANUFACTURERS CUT IMPORTS OF MATERIALS
Tom Connors |
Despite 13 consecutive months of rising new export orders, U.S. manufacturers suddenly trimmed impor
FRENCH OFFICIALS TO VISIT US FOR AIR TRADE TALKS
Michele Kayal |
French officials, in the first step of what likely will be a long road toward more open aviation tra
US TAKES PHILIPPINES TO WTO OVER PORK, POULTRY
Journal Of Commerce Special |
The United States filed a complaint with the World Trade Organization on Tuesday alleging that Phili
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, April 4, 1996 - April 1, 1997 (a graph)*
NEW ENGLAND POUNDED BY SNOW MUCH AIR, ROAD TRAFFIC FALLS VICTIM
Chris Isidore |
New England may have enjoyed a mild winter, but spring started with a bang as a storm dumped more th
US OFFICIALS ENCOURAGED BY RUSSIAN REFORM PROMISES \ THIS YEAR COULD BE TRADE TURNING POINT
Richard Lawrence |
Senior U.S. officials are increasingly optimistic Russia will carry out long-promised economic refor
RATE, EQUITY WORRIES PUSH DOWN THE DOLLAR
Bridge News |
The U.S. dollar, turned back by a turbulent stock and bond market again, remained weaker against maj
BRIEFS
From Wire Reports |
ESSERMAN ACCEPTSTRADE POSITIONWASHINGTON - Susan Esserman, former general counsel at the Com
Maritime
MEXICO'S WASTE PLAN ATTRACTS INVESTORS
Mary Sutter |
Mexico's plan to improve hazardous waste and water treatment presents opportunities for foreign inve
Maritime
US OFFICIALS TO PRESS ROME, BRUSSELS ON AIR SERVICES
Journal Of Commerce Staff |
U.S. officials will campaign for improved aviation services in two European capitals over the next w
KUWAIT TOTALS ITS ASSETS
Bridge News Service |
Kuwait has some $12 billion of state assets, including public utilities and state-owned companies, w
Maritime
SOUTH AMERICA EYED BY US EXECS
Paula L. Green |
More than 90 percent of about 70 senior executives at top U.S. companies plan to make new or additio
Maritime
US SLAMS PANAMA FOR INVESTOR POLICIES \ CABLE TV DECISION SPURS AMERICA TO TAKE ACTION
Jon Mitchell |
Like an invading army laying siege to a well-defended medieval capital, the U.S. Embassy has gone on
Maritime
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