This program is 28 minutes long
#534555
(Studio) Federal Reserve Bd. reported lowering its discount rate.
REPORTER: Tom Brokaw
(DC) Discount rate's role in economy recovery explained, discussed. [Econ. Michael EVANS - fears Fed.'s move is too late to avert recession.] Corporate profits for 3rd quarter, durable goods orders and hsing. construction for October listed on screen; Treasury Secretary Don. Regan noted claiming Federal Reserve is responsible for slowdown. Details given. White House reaction to discount rate's reduction mentioned.
REPORTER: Irving R. Levine
(Studio) [Econ. Allen SINAI - considers practical and psychological effect of reduced discount rate.]
REPORTER: Tom Brokaw
#534556
(Studio) Report introduced
REPORTER: Tom Brokaw
(DC) Secretary of State George Shultz and USSR foreign minister Andrei Gromyko reported meeting in January to resume arms control negotiations; details given. Proposal of Arms Control and Disarmament Agency director Ken. Adelman outlined; stance of Defense Secretary Caspar Weinberger on verification plan mentioned.
REPORTER: Marvin Kalb
#534558
(Studio) Report introduced
REPORTER: Tom Brokaw
(Chicago, Illinois) Reaction here to murder of high school basketball star Benjamin Wilson examined; films shown. Wilson's athletic career and professional prospects recalled. [May 12, WILSON - will do what's necessary to become successful.] [Jerome FRAZIER - thought his friend had life made.] Apparent circumstances of Wilson's death mentioned. [STUDENTS - praise Wilson; question purpose of Wilson's death.] [Mary WILSON - wants son's friends to follow his ideals.]
REPORTER: Cassandra Clayton
#534559
(Studio) Recent child sexual abuse and murder scandal in Jordan, Minnesota, recalled; former suspects Don. and Cindy Buchan reported having children returned to them. Size of their suit against county prosecutor mentioned. Details given.
REPORTER: Tom Brokaw
#534560
(Studio) Massachusetts reported banning happy hour in its bars in effort to curb drunk drivers
REPORTER: Tom Brokaw
#534563
(Studio) Report introduced
REPORTER: Tom Brokaw
(Mexico City, Mexico) Survivors' effort to recover from Monday's gas explosions examined; gas leak scare today noted. Films shown. Contd. investigation into plant's safety procedures described. Mass burial of some victims explained.
REPORTER: Peter Kent
#534564
(Studio) Vietnam ambassador to United States reported giving names of large number Amerasian children eligible for immigration to US; details given.
REPORTER: Tom Brokaw
#534565
(Studio) Testimony of General William Westmoreland today in his libel suit against CBS outlined; background to case mentioned.
REPORTER: Tom Brokaw
#534566
(Studio) Violence between Israeli troops and university students demonstrating in support of PLO (Palestine Liberation Organization) chairperson Yasir Arafat on West Bank detailed; films shown.
REPORTER: Tom Brokaw
#534567
#534569
(Studio) Report introduced
REPORTER: Tom Brokaw
(San Francisco, California) Role of legal immigrants in United States society and economy examined; films shown. [Federal for American Immigration Reform spokesperson Roger CONNOR - claims legal immigrants take good jobs sought by Americans and are preferred by employers.] [Econ. Dr. Julian SIMON - praises immigrants' economy role in US.] 1797 call for halt to immigration and country's immigration history since graphed on screen, discussed. Historical films shown. Asian and Hispanic immigration to US considered; Leandro Duran cited as example [Dr. Juan MONTERO - recalls life in Philippines, plans for life in US.] Korean immigrants Keung Ju Kim and family. examined. [DAUGHTER - feels rewards are possible with hard work in US; praises role of family.] [CONNOR - applies theory of supply and demand to immigration and nation's economy] [SIMON - disagrees; explains.]
REPORTER: John Hart
#534571
(Studio) Report introduced
REPORTER: Tom Brokaw
(Studio) Commentary concerns outbreaks of civility in the world.
REPORTER: John Chancellor
#534572
(Studio) Report introduced
REPORTER: Tom Brokaw
(Annapolis, Maryland) John Jason's year-round charitable endeavors featured; films shown. Background to his Christian Workers of Annapolis organization outlined. [JASON - wants to demonstrate charity, not just talk about it.] Extent of organization's aid to the needy described; Saint James quoted.
REPORTER: Douglas Kiker
#676908