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Philip Morris

Show: World News Tonight with Peter Jennings

Date: 02 Apr 1993
Length: 1 page
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DARAGAN,KAREN/OFFICE
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2024014000/2024014283/Abc Lawsuit
2024014018/2024014282a/Abc Lawsuit
Litigation
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Abc News
Dow Jones
Senate
World News Tonight
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N344
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2024014068/4244

Related Documents:
Named Person
Clinton
Durenberger, D.
Jennings, P.
Potter, N.
Author (Organization)
American Broadcasting
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Stmn/R1-004
Stmn/R1-079
Date Loaded
05 Jun 1998
UCSF Legacy ID
jlr14e00

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Page 1: jlr14e00
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.

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