This program is 27 minutes long
(Studio: Peter Jennings) Stock Market Report.
(New York: Betsy Stark) The revival of the stock market from Friday's sell-off featured; examples of tech stock rebounds cited. [Three INVESTORS - express optimism.] [Edward Jones retail broker Ed SCOTT - notes the buying opportunities.] [Jefferies and Company market analyst Art HOGAN - says investors seek money makers.]
(Studio: Peter Jennings) Interview held with stock market analyst Todd Buchholz about the market fluctuations. [BUCHHOLZ - assesses today's calm after Friday's drop as individual investors come back in a buying mood; says the correction has taken some of the gambling out of the market.]
(Studio: Peter Jennings) The drop in companies seeking money via IPOs (initial public offering) noted.
(Studio: Peter Jennings) Today's Washington, DC, protests by demonstrators wanting the World Bank and IMF to do business differently in the developing world reported.
(Washington: Deborah Amos) The reaction of international finance delegates to the demonstrations examined; details given of loan projects to developing countries. [World Bank President James WOLFENSOHN - comments on the protests.] [Center for Economic Policy Review Mark WEISBROT - says these institutions are not held accountable.] [Public Citizen's Global Trade Watch Lori WALLACH - likens the IMF and World Bank to loan sharks for global private banks and corporations.] How the IMF pressure on Russia made a bad economic situation worse cited as an example. [Secretary of Treasury Larry SUMMERS - says the institutions need to be both improved and supported.]
(Studio: Peter Jennings) Africa's decision to freeze the sale of ivory for another two years to monitor the elephants being killed for their tusks reported.
(Studio: Peter Jennings) The meeting in Britain of Russian President Vladimir Putin with Queen Elizabeth reported; scenes shown of Putin with the queen and British Prime Minister Tony Blair.
(Studio: Peter Jennings; Washington: Linda Douglass) The Justice Department's legal case to reclaim six-year-old Cuban refugee Elian Gonzalez for his father, Juan Miguel Gonzalez, from the Miami relatives discussed.
(Studio: Peter Jennings; Miami: Ron Claiborne) The question of whether the government will be defied when officials come to take Elian back and how great-uncle Lazaro Gonzalez is enjoying the limelight for being defiant discussed.
(Studio: Peter Jennings) Statistics on the government's collection of income taxes cited; details given of a Syracuse University study on who is audited and poll findings on the public's view that the government wastes tax money.
(Studio: Peter Jennings) The closest finish ever in the Boston Marathon won by Kenyans Elijah Lagat and Catherine Ndereba shown.
(Studio: Peter Jennings) The issue of access to the Internet introduced; details given of President Clinton's proposals to train people for Internet jobs.
(Silicon Valley: John Cochran) The digital divide separating Americans examined; scenes shown from poor neighborhoods in Silicon Valley in California that are now a resource for needed workers. [New computer worker Normajean HICKOK - says she was an Internet dummy before training.] [Joint Venture CEO Ruben BARRALES - cites the job opportunities for those plugged into the Internet.]
(Studio: Peter Jennings) The problem of people's lack of access to the Internet introduced.
(New York: Bob Jamieson) The fast rate of blacks entering the digital age examined; statistics from Forrester Research cited; details given of increasing content directed towards African-Americans. [Brooklyn cab driver's daughter Gina PERRIN, study author Ekaterina WALSH, Digital Mafia Entertainment Darien DASH - talk about getting on-line.]
(Studio: Peter Jennings) Report introduced.
(New York: Ned Potter) Robots modelled on nature featured; scenes shown of robots resembling cockroaches, fish, geckos and crabs. [University of California at Berkeley professor Robert FULL - talks about how insects reveal secrets of locomotion.] [Engineer Jamie ANDERSON - says animals possess the maneuverability that robots need.] [iRobotics Incorporated Helen GREINER - talks about robots.]