Today on news 7 at 5, the Stock Market takes one of its sharpest plunges in years.
and Virginia Christians try to take on the problems of racism.[Wx-Heads]
Our forecast includes numbers like low 80's for highs and 50's for slows. Slipping into September on a pleasant note.
In medical news --
Herbal remedies are a billion dollar a year industry -- but a new study study says some teas may be losing their punch.
And is posture your problem? Doctors have a new way to treat this pain in the back.
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[OUT Q=BELL RINGING.]
The Dow takes a huge tumble closing down more than 500 points.
Yet another disastrous day on Wall Street.
Today's drop is so large it wiped out all of this year's gains.
Betsy (Ka-ret-nick) Karetnick is following this developing story and joins us from New York with the latest.
[SUPER=03-New York, NY]
[SUPER=01-Thom Calandra/CBS Marketwatch;]
[SUPER=01-Emily Church/CBS Marketwatch;]
[super=01-Betsy Karetnick/CBS News;]
[OUT Q=standard outcue.]
((The bears ran wild on wall street as the dow jones industrial average
plummeted for yet another day.
it was a sharp selloff, with the dow plummeting below the 8,000 mark for
the first time in seven months.
and nobody's sure when the rout will end.
THOM CALANDRA, CBS MARKETWATCH
Hardest hit were technology stocks.
with the nasdaq composite index dropping more than seven percent.
with today's losses, the drop in the dow has wiped out all of this
The problems began last week as russia was plunged into economic and
u-s stocks were already under considerable pressure with economic
problems across asia and spreading into latin america.
EMILY CHURCH, CBS MARKETWATCH
Karetnick Standup close))
Russias troubles may have contributed to the huge drop-
And today even more signs of instablity in Moscow.
The lower legislative house will not endorse Boris Yeltsin's pick for Prime Minister- Victor (Cheer-no-Mirror-din) Chernomyrdin.
The action comes just as President Clinton is on his way to Russia- Jonathan Freed reports.
[SUPER=01-Sen. Trent Lott/(R) Majority Leader;]
[SUPER=01-Jonathan Freed/CBS News;]
[OUT Q=The White House.]
((As they headed up the stairs to Air Force One...heading to the summit in Moscow ...heading away from the epicenter of the Monica Lewinsky investigation...the President and Mrs. Clinton tried to appear the
picture-perfect first couple.
The two-days of meetings with Russian President, Boris Yeltsin were supposed to center on a range of international issues like nuclear
proliferation, terrorism, and trouble in the Balkans.
They'll still be discussed, but Russia's economic and political crisis
is clearly overshadowing everything.
Before leaving for Moscow, the President spoke out at an education event
in Washington...urging the Russian people not to look to their communist
past for answers to their current problems.
CLINTON: IF THEY WILL STAY ON THE PATH OF REFORM
TO STABILIZE THEIR SOCIETY AND STRENGTHEN THEIR ECONOMY AND GET GROWTH
BACK, THEN I BELIEVE AMERICA AND THE REST OF THE WESTERN NATIONS WITH
STRONG ECONOMIES SHOULD HELP THEM.
On the one hand, this trip gives Mr. Clinton a chance to play senior statesman again...at a time when his political image could use a boost.
But others are convinced the situation in Russia is too volatile right
now...and believe the world will see an image of two embattled
Presidents trying to prop each other up.
Indeed, earlier on Monday, a significant setback for Boris Yeltsin...the lower legislative house, the Duma, refused to endorse his latest pick
for Prime Minister, Viktor Chernomyrdin. Yeltsin is re-submitting Chernomyrdin's name.
And Mr. Clinton hadn't even left Washington when the republicans started swinging again.
TRENT LOTT/SENATE MAJORITY LEADER/ R-MS: AS A HUSBAND AND A FATHER, I AM OFFENDED BY THE PRESIDENT'S BEHAVIOR AND BY THE TRAGIC
EXAMPLE THAT HE HAS SET FOR THE YOUNG PEOPLE OF THIS COUNTRY.
JONATHAN FREED/CBS NEWS: YOU CAN BE SURE THAT THE MORE CYNICAL POLITICAL OBSERVERS ARE PLACING BETS RIGHT NOW...PICKING WHICH
LEADER THEY THINK WILL STILL BE STANDING WHEN THEIR RESPECTIVE CRISES
ARE OVER. J-F...THE WHITE HOUSE.))
Racism is a sin.. That's according to the 23-thousand presbyterians living in central and southwest Virginia.
The Presbytery of the Peaks represents 144 different congregations-
Today it announced it's ready to tackle the problem of racism head-on.
The Presbytery has adopted a twelve-point plan. It calls on its members to be more active in reaching out to people of other cultures.
[IN Q=The Presbyterian]
((TED BROSSOI/TASK FORCE MEMBER: THE PRESBYTERIAN CHURCH HAS BEEN FOR A LONG TIME WHAT WE CALL AN INTEGRATED CHURCH, IT'S JUST THAT WE DO NOTHING ABOUT IT. WE JUST LET THINGS GO AS IT IS RATHER THAN RAISE A STORM OR AN ISSUE, WE JUST GO ALONG IN LIFE AND HOPEFULLY THINGS WILL ALLOW EVERYBODY TO GET TOGETHER.))
[SUPER=01-Ted Brossoi/Racism Task Force; :00]
[OUT Q=to get together.]
The Presbytery hopes to form an inter-racial choir that would perform at worship services.
It also plans to host a week- long enrichment program for black and white high school students next year.
[(toss to R)]
(toss to Robin)
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Security Badges are back at one local school. We'll tell you why after this break,
but first, we'll head to Richmond as Virginia and the country say goodbye to former Supreme Court Justice Lewis Powell.
On Health Check, we'll see how doctors are trying new treatments for a debilitating back problem.
and Patrick Evans will have a preview as Shakespeare comes to Virginia Western.
A Franklin County jury is deciding the fate of an accused murderer.
41-year-old Johnny Nolen says he killed Thomas Darnell Palmer either in self-defense or as an accident.
He says he cannot remember much from the night of March 28th because he was drinking.
He says he had sex with his girlfriend Sharon Austin, then fell asleep.
Austin says Thomas Darnell Palmer then crossed the room, unzipped his pants, and pulled her off the couch.
Nolen woke up, the two men started fighting, and Palmer was fatally stabbed in the chest.
[IN Q=I remember Darnell]
((I REMEMBER DARNELL GETTING TRIPPED ... EVIDENTLY IT WENT INTO DARNELL.))
[OUT Q=went into Darnell]
The jury must decide if Nolen murdered Palmer.
If the jury thinks Nolen killed Palmer by accident or in self-defense, the charge could be reduced to manslaughter.
Nine hundred mourners turned out in Richmond today to bury retired Supreme Court Justice Lewis F-Powell, Junior.
All nine sitting Supreme Court justices lined up outside Grace Covenant Presbyterian Church.
Five former Virginia governors and other elected officials turned out for the service.
[IN Q=Lewis Powell's]
((DOUG WILDER/FORMER GOVERNOR: LEWIS POWELL'S CONTRIBUTIONS WERE SUCH AS CREATED THE ATMOSPHERE FOR A MODERATION TO ALLOW A PERSON LIKE ME TO GET ELECTED.))
[sot C-SPAN 12:05:04]
((JUSTICE SANDRA DAY O'CONNOR: MOST IMPORTANT, HE WAS WILLING TO TALK ABOUT CASES AND ISSUES. HIS DOOR WAS ALWAYS OPEN. I MISS THOSE VISITS AND THOSE DISCUSSIONS STILL TODAY.))
[SUPER=01-Doug Wilder/Former Governor; :00]
[SUPER=01-Sandra Day O'Connor/U.S. Supreme Court Justice; :10]
[OUT Q=still today.]
Powell served on the high court under Nixon, Ford, Carter, and Reagan.
His service on the court began when he was 64.
He died last week at age 90 in Richmond.
One Southside high school is taking an active approach to combat school violence.
Halifax County High is re-instituting student and faculty I-D badges.
When students returned to school today from summer break, they posed for photographs.
The I-D policy started in 1994-- but last year, instead of wearing the badges, students were allowed to carry them.
But in the wake of recent school violence, the faculty decided again to require students to wear the I-D's
[IN Q=It enables us to determine]
((BESSIE CAGE/TEACHER: IT ENABLES US TO DETERMINE WHICH STUDENTS ARE OUR STUDENTS. WE DON'T KNOW, BEACUSE OF THE LARGE VOLUME OF STUDENTS WE HAVE IN THIS BUILDING, WE DON'T ALWAYS KNOW EVERY CHILD'S NAME. OKAY, AND IT HELPS US DETERMINE WHO IS WHO WHEN WE HAVE TO.))
[OUT Q=when we have to.]
Students say they don't like to wear the badges and aren't convinced they keep out people who don't belong on school property.
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Shakespeare is coming to Virginia Western Community College. And Patrick Evans is standing with the details.
[LIVE=PAT FULL Microwave]
Shakespeare's work lives on and you can catch some of the Bard's work starting next week.
[Double Boxes=Jean/Patrick Microwave]
Patrick Evans joins us from Virginia Western, where actors are working hard to polish their work in time for the show's premiere.
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[health music under]
Coming up in Sports, Mike Stevens will have the Early highlights from the U-S Open.
Coming up on health check -- there are warnings today that a popular herbal rememdy may not be what it's billed as,
And scoliosis can be debilitating, but new treatments are straightening out the problems.
[IN Q=I could not]
((I COULD NOT BREATHE WHEN I FIRST STARTED, I WAS HAVING TROUBLE BREATHING, TROUBLE GETTING MY BREATH, I COULDN'T CLIMB A FLIGHT OF STAIRS.))
[OUT Q=of stairs]
If you're one of the many Americans using Saint John's Wort to help with depression, you may not be getting what you paid for.
The Los Angeles Times reports several top brands of the herbal remedy are not as potent as their labels claim.
The paper commissioned an independent test of ten brands of St. John's Wort. It found three had no more than half the listed amount of potency.
Four others only had about 90 percent.
Health experts are afraid a signicant number of depressed people are counting on a product that is too weak to help.
Sales of St. John's Wort and other herbal remedies such as ginseng are expected to reach over four BILLION dollars this year.
A new device is bringing hope to children with facial deformities.
Surgeons in Atlanta have developed a tool that can lengthen and reshape the face.
It works by using metal plates and tiny screws that gradually pull apart the skull or jawbone.
This separation allows for new bone to grow while at the same time correcting the deformity.
Unlike other devices, most of the apparatus is buried under the skin.
Everyone has some curvature to their spine but a pronounced curve in a child's back may mean Scoliosis.
That diagnosis used to require surgery and a long recovery in a back brace.
[SUPER=03-Charlotte, NC; ]
But modern medicine has simplified the treatment.
Scoliosis normally develops in children between the ages of 10 and 13.
The cause is unknown and treatment depends of the degree of the curve.
[IN Q=If they progress]
((DR. BRUCE DARDEN/CHARLOTTE ORTHOPEDICS: IF THEY PROGRESS TO 40 DEGREES OR SO THEN THEY'RE LIKELY TO GET WORSE AS AN ADULT.))
[SUPER=01-Dr. Bruce Darden/Charlotte Orthopedics; ]
[OUT Q=an adult.]
Greater than 25 degrees can be corrected with a brace, but beyond that requires surgery.
The operation involves fusing the spine with a system of hooks and rods.
And with new technology patients don't have to wear a cast or a brace while they heal.
And when their back is straight, some patients even stand a little taller.
[IN Q=I gained]
((DAKEITA KLUTZ/SCOLIOSIS PATIENT: I GAINED TWO INCHES, I GREW TWO INCHES, SO I'M A LITTLE BIT TALLER AND I STAND UP AGAINST MY PARENTS.))
[SUPER=01-Dakeita Klutz/Scoliosis Patient; ]
[OUT Q=my parents]
Doctors say children should be checked every two years beginning at age 10.
Imagine losing weight just by cutting sugar out of your diet.
It's not a new idea but it's one that is gaining in popularity.
Intern reporter Carson Chambers has the story of one of the nation's best selling Books.
[SUPER=01-Charlotte Clark/Dieter; :08]
[SUPER=01-Dr. Linda Brunson/Center for Bariatic Medicine; :18]
[SUPER=01-Carson Chambers/Intern Reporter; 1:03]
[OUT Q=News 7][2-Shot-Toss]
Today on Sports, Tiger Woods will soon be hitting hard drives in P-C's across the country.
With the latest on his new video game, here's Mike Stevens[S5-Tennis]
[TAPE#=SP-12 tc 1:10:45]
Welcome to the start of your work week.
The Monday ticker starts
out in New York with U-S Open Tennis.
[SUPER=03-New York, NY/USA Network;]
Top Seeded Pete Sampras opened the competition with a victory over German Marc-Kevin Goellner
Goellner can't handle this Sampras serve. The ace was clocked at 131 miles an hour.
Sampras on match point gets the victory in straight sets 6-3, 6-2, 6-2.
14th seeded Goran Ivanisevic gets his 22nd ace of the match. Mark Woodforde looks on as the 127 mile per hour bullet whizzes past.
Ivanisevic takes the match here on double match point, 6-3, 6-4, 6-4.
The Carolina Panthers have finally come to terms with top draft pick Jason Peters from the Univeristy of Nebraska.
The defensive lineman inked a four year deal worht $7 and a half million.
[SUPER=03-Frostburg, MD; :00]
The NFL cutdown day yesterday produced an unpleasant cut from the Skins.
Ryan Kuehl the popular defensive lineman from UVa lost his job as the Skins got down to the 53 player limit.
And finally tonight, if your dream as a golfer has always been to play alongside Tiger Woods, you now have that opportunity.
Actually, you not only play along side him, you can be the man!
Tiger has lent his name, his swing, and his marketability to EA sports for the new Tiger 99 PGA Tour video game.
Tiger is an avid player of video games, but he says he has a hard time getting used to playing himself.
[IN Q="Some of my friends...]
[SUPER=01-Tiger Woods/EA Sports Spokesman;:00]
[OUT Q=...just wild."]
Tiger says the toughest part of the game preparation from his standpoint was not duplicating his swing, but reenacting his emotions, inparticular his fist pump.
[IN Q="Without a doubt...]
[OUT Q=...it's natural."]
Coming up at six, the countdown to UVa's season opening game against Auburn on Thursday is underway.
Steve Mason has some game notes from Charlottesville in less than an hour.
Have a safe night everybody.
[take a break][5-Roanoke-Schools]
Students went back to school in Roanoke today.
At Woodrow Wilson Middle School, they went back to a brand new building.
The school had been closed for a year.
The district spent nine and a half million dollars on renovations like state-of-the art computer labs.
Teachers are escorting students between classes until everyone gets used to the new building.
[SOT11 08 23]
((KAY DUFFY/PRINCIPAL: WE'LL TAKE OUR TIME WITH THEM. INSTEAD OF SAYING GO TO YOUR NEXT CLASS, WE'LL HAVE THEM FOLLOW US TO THE NEXT CLASS, WALKING THEM THROUGH THEIR SCHEDULE HELPS THEM A LOT.))
[OUT Q=them a lot]
Woodrow Wilson has 700 students this year.