Philip Morris
Abc News World News Tonight with Peter Jennings
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- Document File
- 2023913569/2023914169/Abc Lawsuit
- Litigation
- Stmn/Produced
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- Abc News
- Dow Jones
- Republicans
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- World News Tonight with Peter Jennings
- Dow Jones
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- 2023913689/3865
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- Named Person
- Clinton
- Durenberger, D.
- Jennings, P.
- Potter, N.
- Durenberger, D.
- Author (Organization)
- Abc News
- Request
- Stmn/R1-004
- Stmn/R1-006
- Stmn/R1-036
- Stmn/R1-006
- Date Loaded
- 05 Jun 1998
- UCSF Legacy ID
- ruv24e00
Document Images
Copyright 1993 American Broadcasting Companies, Inc., All
rights reserved.
' ABC NEWS
SHOW: WORLD NEWS TONIGHT WITH PETER JENNINGS
APRIL 2, 1993
LENGTH: 3963 words
BODY:
ANNOUNCER: [PORTLAND SKYLINE] From ABC, this is World News Tonight
with Peter Jennings. Tonighu reporting firom~ Portland, Oregon.
PETER JENNINGS: Ned Potter. The government today has issued its first report on
how the economy in the nation as a whole performed in March: in a word,
sluggish. The unemployment rate stayed the same, seven percent. [GRAPHICS]'
Especially di5appointing to economists and the President is that almost no new
jobs were created. Mr. Clinton says those job figures are proof that his
economic stimulus program is essential. In the Senate, however, Republicans are
waging what amounts to a filibuster against it. The President may have to
change it to get it passed. There was a very big drop on Wall Street today. The
Dow Jones industrials lost 68 points to close at 3,370 in heavy trading. For
the week, stocks lost 69 points. Tobacco stocks were especially hard-hit
after Philip Morris said that competition from discount cigarette makers might
push its business down 40 percent this year. Philip Morris was the most active
stock today, down more than 15 points. The Republican senator from Minnesota,.
David Durenberger, has been indicted today on federal charges that he falsified
his Senate expense account. The allegation is that he charged the government
for staying at a condominium in Minnesota, never disclosing that he was a part
owner. We'Il have more on the forest conference later in the broadcast, our
Person of the Week on this Friday and, in a moment, what's next for Mr. Clinton,
the Vancouver summit.
