This program is 28 minutes long
#397105
(Studio: Dan Rather) Stock Market Report.
(Studio: Anthony Mason) The fifth biggest one-day drop in the Dow Jones Index and even more drops in the NASDAQ market reported; details given of layoffs at Cisco Systems and the threat of recession in Japan. [WOMAN, PaineWebber Arthur CASHIN - comment on the market.] [State Street Research Jim WEISS - asks where the bottom will be.] [First Call Chuck HILL - calls the technology stock drops "catastrophic".]
(Studio: Dan Rather) Major losers in the stock market noted.
(Tokyo: Barry Petersen) The threat of recession in Japan examined. [Merrill Lynch, Japan Jesper KOLL - says companies are not using new strategies.]
#397106
(Studio: Dan Rather) Report introduced.
(Pentagon: David Martin) At least six deaths after a military training accident in Kuwait featured; file tape shown of military bombing training in Kuwait. [President BUSH - announces the news of the accident.] [Armed Services Committee Chairman Senator John WARNER - says the pilot was a skilled aviator.]
(Studio: Dan Rather) Other recent military accidents noted.
#397107
(Studio: Dan Rather) Report introduced.
(San Francisco: John Blackstone) Discussions concerning the possible recovery of the Ehime Maru, the Japanese fishing boat sunk by the submarine USS Greeneville, and the ongoing Navy court of inquiry in Hawaii concerning the collision reported. [Submarine commander's wife Jill WADDLE - talks about her husband's response to the accident.]
#397108
(Studio: Dan Rather) The approval by a bankruptcy judge for American Airlines to take over Trans World Airlines, Inc. (TWA) reported.
#397109
(Studio: Dan Rather) The protest of airline mechanics in Washington, DC, after President Bush's order to prevent a strike by Northwest Airlines mechanics reported.
#397112
(Studio: Dan Rather) President Bush's ongoing efforts to increase support for his tax cut plan reported; scenes shown of Bush at Tyndall Air Force Base, Florida.
#397113
(Studio: Dan Rather) Denials that President Bush is backing away from plans to give federal funds to religious charities reported.
#397114
(Studio: Dan Rather) A government report showing that health care costs, especially prescription medicine costs, rise much higher than the inflation rate reported.
(Detroit, Michigan: Cynthia Bowers) Reasons why prescription drug costs are rising so rapidly examined; details given of the direct marketing of prescription drugs to consumers; television ad shown. [Pharmaceutical economist Steve SCHONDELMEYER - says drug companies know how to create consumer demand.] [General Motors James CUBBIN - says people will ask for specific prescription drugs.] [Pharmaceutical industry spokesman Alan HOLMER - says patients are better off knowing about new treatments.]
#397115
(Studio: Dan Rather) Israeli troops firing on Palestinian protestors in Ramallah, West Bank, reported; scenes shown of protestors in Ramallah destroying roadblocks.
#397116
(Studio: Dan Rather) A record nine-hour spacewalk by two space shuttle Discovery astronauts outside the International Space Station shown.
#397117
(Studio: Dan Rather) The preparations for the Russian space station Mir to crash into the south Pacific Ocean reported; scenes shown of Mir flying over Japan.
#397120
(Studio: Dan Rather) Toy recalls by Burger King and McDonald's reported; photos shown of recalled toys.
#397121
(Studio: Dan Rather) Report introduced.
(Phoenix: Richard Schlesinger) Concerns about rising pollution levels in the Southwest examined; scenes shown of the "brown cloud" over Phoenix. [Retiree Phyllis CHURCHILL, Diane HOWARD, lung specialist Dr. William REESE - talk about the yellow haze that affects people's health.] Air regulations being considered by Arizona listed. [RETIREE - says the mountains can be difficult to see.]
#397122
(Studio: Dan Rather) The formation of a "temperature index joint task force" to discover a more accurate wind chill formula reported.
#397124
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