This program is 28 minutes long
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(Studio: Tom Brokaw) Stock Market Report.
(New York: Anne Thompson) The closing of the Dow Jones market below 10,000 and sharp drops on the NASDAQ market featured; details given of problems in Japan and with the global economy. [Deutsche Bank chief strategist Edward YARDENI - comments on banks.] [Investor Sue TOWNSEND - says it is too late to sell.] [Gruntal and Company chief strategist Joseph BATTIPAGLIA - says smaller rates cuts than expected are disappointing.]
(Studio: Tom Brokaw) Report introduced.
(New York: Ron Insana) The rise and fall of interest rates in an effort to control the stock market and Japan's stock market problems in the early 1990s noted. [Last December, Federal Reserve Board Chairman Alan GREENSPAN - comments.]
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(Studio: Tom Brokaw) Report introduced.
(White House: David Gregory) The continuing efforts of President Bush to get the tax cut plan passed reported; details given of concerns about the plan in the light of the fall of the stock market. [BUSH - says the right policies will help the economy recover.] [Taxpayers John and Eleanor VERDE - explain where their tax cut money would go.] [Economist Henry AARON - says the recession would end by the time most of the tax plan goes into effect.] [Senator Phil GRAMM - says people will respond to a tax cut.]
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(Studio: Tom Brokaw) Report introduced.
(Washington: Robert Hager) The efforts to prevent the spread of foot-in- mouth disease into the United States reported; details given of the problems the ban on imported meats causes some companies. [Artist Moira McCLELLAN - comments.] [US Department of Agriculture Dr. Craig REED - says the disease can spread very rapidly.] [Georgetown University Professor Lester CRAWFORD - explains the biggest threat of the disease.]
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(Studio: Tom Brokaw) Report introduced.
(Chicago: Jim Avila) The effects the stock market decline has had on small investors examined; statistics on investments cited. [Author Malcolm GLADWELL - says people act like they caught a cold.] [Investment club treasurer Ron HOSKIN - talks about continuing to invest.] [MAN - says some novices hang on to stocks too long.] [Financial Psychology Corporation Dr. Kathleen GURNEY - says investors feel disappointed.]
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(Studio: Tom Brokaw) Report introduced.
(Pearl Harbor, Hawaii: George Lewis) The Navy's court of inquiry concerning the collision of the submarine USS Greeneville and a Japanese fishing boat reported; details given about the testimonies of Commander Scott Waddle and Ehime Maru captain Hisao Onishi reported; courtroom sketches shown. [WADDLE - says his men made him proud.] (Artist: Lynn Matsuoka)
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(Studio: Tom Brokaw) Evidence of global warming found by British scientists reported.
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(Studio: Tom Brokaw) Report introduced.
(New York: Robert Bazell) The effectiveness of the drug herceptin for breast cancer patients examined; details given about how the drug works and how effective it is. [Patient Clare O'BRIEN - says cancer patients always look for new treatments.] [Patient Amy APPLEBAUM - says she has her life back.] [Revlon/University of California at Los Angeles Women's Cancer Program Dr. Dennis SLAMON - says the drug is effective for certain women.] [New York former Phillip Morris University School of Medicine Dr. Ruth ORATZ - says there are no miracles.]
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