Philip Morris
Show: World News Tonight with Peter Jennings
Fields
- Area
- DARAGAN,KAREN/OFFICE
- Type
- TRAN, TRANSCRIPT
- Document File
- 2024014000/2024014283/Abc Lawsuit
- 2024014018/2024014282a/Abc Lawsuit
- Litigation
- Stmn/Produced
- Named Organization
- Abc News
- Dow Jones
- Senate
- World News Tonight
- Dow Jones
- Site
- N344
- Master ID
- 2024014068/4244
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- Named Person
- Clinton
- Durenberger, D.
- Jennings, P.
- Potter, N.
- Durenberger, D.
- Author (Organization)
- American Broadcasting
- Request
- Stmn/R1-004
- Stmn/R1-079
- Date Loaded
- 05 Jun 1998
- UCSF Legacy ID
- jlr14e00
Document Images
Copyright 1993' American Broadcasting Companies, Inc., All
rights, reserved.
ABC NEWS
SHOW: WORLD NEWS TO'NIGHT WITH PETER JENNINGS
APRIL 2, 199'3'.
LENGTH: 3963 words
BODY:
ANNOUNCER: [PORTLAND SKYLINE] From ABC, this is WorldlNews Tonight
with Peter Jennings. Tonight reporting from Portland, Oregon.
PETER JENININGS: Ned Potter. The governrrtent today has issued its first report! on
how the economy in the natiion as a whole performed in March: in a word;
sluggish. The unemploymenr rate stayed the same, seven percent. [GRAPHICS]
Especially disappoint4ng, to economists and the President is that almost no new
jobs were created. Mir: Cl'inton 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 agaiinst it. The President may have to
change it to:get it passed. There was a very big,drop on Wa1Q 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. Phili.p Morris was the mosti active
stock today, down: more than 15 points. The Republlican senator from Minnesota,
David Durenberger; has been indicted today on federal charges that he falsified
his Senate expense account. The alllegation is that he charged! the governmentt
for staying at a condominium ini Mi~nnesota, never disclosing that he was a part
owner. We'lll 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.
