Japanese inspector to help U S automakers in Detroit
Tokyo said it will station a government inspector in Detroit to speed U S auto exports to Japan. The move aims to simplify Japan’s import procedures that have kept the market largely closed to foreign cars and to ease two month inspection and paperwork delays before sales can begin.
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Tokyo
U.S
Japan
Transport Ministry
Detroit
United States
Naoki Esumi
Office of International Affairs
Hiroshi Kumagai
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Bush
Market Report From Chicago Wheat and Soybeans Open High Low
Futures trading on the Chicago Board of Trade shows Wheat and Soybeans with 3,000 bushel minimums. Prices move across Mar May Jul Sep Dec contracts with open interest and sales figures listed, plus wholesale livestock quotes from Woodsboro and Westminster auctions.
MENTIONED IN THIS ARTICLE
Chicago
Cheagu Board of Trade
Friz
Thu
Westinghouse to buy Norden Systems
Westinghouse Electric Corp agreed to acquire Norden Systems Inc the defense electronics unit of United Technologies. The deal expected to close in Q2 will place Norden in Westinghouse Electronic Systems in Baltimore. Norden adds radar air and shipboard systems and anti submarine units already employs about 1600 people.
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Westinghouse Electric Corp
Norden Systems Inc
Defense Electronics
United Technologies Corp
Westinghouse
Norden Systems
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UTC
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Robert F
Richard A. Linder
Westinghouse Electronic Systems
Dow Ends Mixed as Bargain Hunters Tap Market
Buying by bargain hunters helped the Dow pare losses on Friday while rates steadied. But buying was selective and investors shunned many blue chips. The Dow finished near its opening level at 3,838.78, down 1.12, with a 48.68 weekly drop. Volume on the NYSE reached 274.73 million shares as 1,168 issues rose, 969 fell, and 621 unchanged. Major indexes quoted included the S P 500 at 466.07, the Industrials at 545.38, and the Nasdaq Composite at 783.78.
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New York
NYSE
Standard&Poor
Standard&Poor’s Industrials
Tokyo Stocks Rebound As Nikkei Closes Higher
Tokyo shares recovered from an early drop amid a cautious mood over an exchange rate pact. The Nikkei 225 rose 0.19 percent to 49,803.38 as the dollar slipped to 104.95 yen, down 0.43 yen.
MENTIONED IN THIS ARTICLE
Tokyo
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