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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
US DOLLAR HOLDS STEADY AS BUDGET DRAWS CONCERN
Knight-Ridder Financial |
The U.S. dollar was little changed in dull trading Tuesday, as market participants kept a watch on t
PESO CRISIS REARS ITS HEAD AGAIN AS MONETARY BASE IS PUMPED UP
Gordon Platt |
The Mexican peso weakened again Tuesday, as investors reacted to plans by the central bank to increa
FINANCING TRADE - GORDON PLATT BOND DEALERS SUFFER FROM NARROW SPREADS, FOREIGN COMPETITION
Gordon Platt |
Waves of European dealers, led by universal banks, are making a second attempt to break Wave
Maritime
Maritime
MAQUILADORAS EYEING CYBERSPACE TO LINK THEM WITH SUPPLIERS
Kevin G. Hall |
Every year in recent memory, the Mexican government has sponsored - or participated in - forums desi
Maritime
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SEOUL EXPANDS PROBE TO CONGLOMERATE CHIEFSSEOUL - A government probe into former Sou
Maritime
Maritime
QUOTE TO NOTE TWO SIDES OF A COIN
_ Alison Beck, Counsel |
"We're obviously thrilled that the (National Labor Relations) Board agreed with us that Boeing had b
Maritime
Maritime
TRINIDAD ELECTION PRODUCES A TIE BUSINESS UNEASY
Canute James |
Trinidad and Tobago's political leaders were locked in meetings on Tuesday, trying to break a stalem
Maritime
Maritime
CAR-HAUL SYSTEM STILL REELING 1 MONTH AFTER RYDER STRIKE
Chris Isidore |
Four weeks after a monthlong strike against Ryder Automotive Operations Inc., the nation's car-haul
US, EUROPEAN BUSINESS HEADS TO BRAINSTORM ON TRADE
Bruce Barnard |
More than 120 European and United States' business leaders will gather in southern Spain Friday to d
Maritime
Maritime
DELTA LAUNCHES CARGO UNIT AND NEW LINE OF PRODUCTS
Chris Isidore |
Admitting that its cargo operations have been an afterthought that caused service problems for custo
MIAMI EXPECTS TO TOP JFK, LAX IN CARGO
William Armbruster |
A top official at Miami International Airport predicted that its cargo volume this year will surpass
MEXICAN RAIL UNION DENIES IT'S SEEKING BIG PAY INCREASE
Kevin G. Hall |
The union for Mexico's national railroad has denied reports that it is seeking huge pay increases to
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CON-WAY CENTRAL EXPRESS (Ann Arbor, Mich.) - Ted Peace was named manager of this regionalless-than-t
TRANSPORT BRIEFS
Wire and Staff Reports |
BNSF WILL ELIMINATE 1,125 MANAGEMENT JOBSBurlington Northern Santa Fe Corp. will eliminate 1
NLRB COMPLAINT AGAINST BOEING TO GET HEARING ON DEC. 19
Journal of Commerce Staff |
A National Labor Relations Board complaint alleging that Boeing Co.'s failure to bargain in good fai
FEDEX TO SHIP 180,000 BOTTLES OF BEAUJOLAIS TO JAPAN AND US
Reuters |
Federal Express Corp. said Tuesday it expects to ship about 180,000 bottles of Beaujolais Nouveau to
SHIPPERS SUPPORT WISCONSIN CENTRAL IN BID TO REPEAL ROLLING STOCK TAX
Gregory S. Johnson |
Wisconsin shippers, faced with a surcharge that could add $50,000 to annual freight bills, are backi
EX-FREIGHT BROKERS GET PRISON TERMS FOR BILKING US ON SHIPMENTS TO EGYPT
Gregory S. Johnson |
Two former freight brokers will serve 3 1/2 years in prison for cheating the United Statesout of $3.
PHOENIX HOME, MEDSPAN FORM CONNECTICUT ALLIANCE
Journal of Commerce Staff |
Phoenix Home Life Mutual Insurance Co. said it will expand its managed health- care plan through a s
FRANCE CREATES PANEL TO PROTECT RIGHTS OF AIR PASSENGERS
Tara Patel |
With the advent of greater airline competition over French skies, the government this week created a
INDIA TAKES SLOW ROAD TO DEVELOP INFRASTRUCTURE FOR HANDLING CONTAINERS
Phillip Hastings |
The road to containerization has been a rocky one for India. Dogged by slow implementation o
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CONSOLIDATED FREIGHTWAYS INC. (Palo Alto, Calif.) - James M. Tracey was named vice president of huma
TEAMSTERS' CAREY SUPPORTERS ORDERED TO RELEASE POLL RESULTS TO OPPONENT
Chris Isidore |
Ron Carey has been general president of the Teamsters since 1991, which is news to about half the me
MASSACHUSETTS SWITCH MAY PUT DOUBLE-STACKS BACK ON TRACK
Michael S. Lelyveld |
A legislative maneuver in the Massachusetts Senate may have put the state's double-stack rail plan b
PEOPLE - INSURANCE
From Wire and Staff Reports |
AMERICAN LAND TITLE ASSOCIATION (Philadelphia) - Herbert Wender was made 89th president of the Ameri
LLOYD'S AGENTS PREDICT $14.9 BILLION CAPACITY FOR '96
Liz Shuker |
Lloyd's of London agents responsible for raising and allocating capital to back the market's underwr
INSURANCE, HEALTH-CARE GROUP ALLIES WITH UNISYS
Journal of Commerce Staff |
Associated Group, the Indianapolis-based network of insurance, health-care management and financial-
NET RESERVES DIP IN GERMANY
Knight-Ridder Financial |
The Bundesbank's net currency reserves fell around 200 million Deutsche marks ($141.3 million) to 10
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 7, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 243.53 up 0.18whic
SPOT PRODUCT PRICES
JOC Staff |
Nov. 7, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
TENNECO INC. RENAMES GAS, PACKAGING UNITS, UPDATES LOGO
Associated Press |
Tenneco Inc. said it changed the names of two of its divisions and updated its corporate logo.
AZERBAIJAN TO SIGN DEAL FOR OIL DEVELOPMENT
Reuters |
Azerbaijan will sign a deal with Pennzoil Co., Agip SpA and Russia's Lukoil Friday to form a product
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Journal of Commerce |
No text.
OPEC PUBLICATION: "GREEN' TAXES ON OIL COULD HIT HARD
Knight-Rider Financial |
The imposition of unjustified "green" taxes on oil by consuming countries could leave OPEC facing "e
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday Nov. 7, 1995 Prevailing sellers' posted prices at the close of business, representin
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
EGYPT PRODUCES, USES LESS NATURAL GAS, CRUDECAIRO - Egypt said Tuesday it produced l
ADM'S LYSINE SUCCESS PUTS IT IN SPOTLIGHT
Paul F. Conley |
In a massive shift during the past few years, the United States has become a powerhouse in the expor
JAPAN TO ASK AGRICULTURAL BANKS TO EASE HOUSING LENDERS' DEBT
Associated Press |
Farm banking institutions will be asked to share the burden of debt disposal by heavily indebted hou
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