Nightly business report; 1981-12-16
- Series
- Nightly business report
- Episode
- 1981-12-16
- Producing Organization
- WPBT-TV (Television station : Miami, Fla.)
- Contributing Organization
- The Walter J. Brown Media Archives & Peabody Awards Collection at the University of Georgia (Athens, Georgia)
- AAPB ID
- cpb-aacip-526-9g5gb1zj89
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- Description
- Episode Description
- The three hosts of the program are Del Frank, Linda O'Bryon, and Paul Kangas. At the beginning of the program, Frank discusses the drop in industrial production and suspect that the current recession may become worse. O'Bryon, talks about the rise in housing. Kangas gives the Stock Market Report and Commentary. O'Bryon later talks about the price of gold and value of the American dollar, while Frank says that the House of Representatives passed the stopgap Social Security bill by a vote of 412 to 10. Reporters on the scene include Helen Whelan (who interviews Frank Bauer in Miami who owns a meatpacking plant and formed a group called the Slow Pay Coalition, interested in Congress passing a bill that makes the government pay interest on overdue bills. Kenton Pattie is the president of the Slow Pay Coalition. Republican Senator John Danforth introduced the Senate's version of a slow pay bill), Terry Savage (who interviews Joseph Coriaci, the Senior Vice President & Cashier of the Continental Bank; Douglas Kowalewski, the Shift Supervisor Document Processing, and discusses the innerworkings of the Continental bank), Stewart Cheifet (who interviews Gene Amdahl, Carl Amdahl, and Jon Sandelin (Computer Analyst at Stanford University) and talks about the story of Gene Amdahl.) The following segment has Paul Kangas give a close up look at Wall Street stocks. O'Bryon talks about the losses the Ford Motor Company has dealt with that year. O'Bryon later talks about the unions of American Airlines, and Frank discusses strikes airline workers strikes. Frank also talks about U.S. oil companies reportedly paying their workers $100 a day to keep workers in Libya against the appeal of President Reagan. Author Adam Smith discusses the value of housing and struggles the baby boom generation might be facing when trying to purchase a house. Frank announces that Treasury Secretary Donald Regan was taken to George Washington University Hospital after suffering a dizzy spell. Kangas finishes with mentioning that science fiction writer, Isaac Asimov, is endorsing Tandy Corporation computers because the product is similar to a device he described 30 years prior in his Foundation Trilogy books.
- Series Description
- "The Nightly Business Report is a network-style half-hour news program that gives the major business and economic news of the day, plus one or more of a variety of special segments: Focus (in-depth stories), On the Record (four-to-five-minute interviews with major economic figures), and The Business of America (lighter, slice-of-business-life stories). By intent, it is rare for all these segments to occur in any single program. Each program does, however, contain 90 seconds of material (preceded and followed by five-second bumpers) that each individual local station may drop at its discretion and replace with local business information. Each program also contains a commentary by a nationally known economist (Monday: Alan Greenspan; Tuesday: Arthur Laffer; Wednesday: Adam Smith; Thursday: Dan Lundberg or William Wolman; Friday: Charles Schultze or Alfred Kahn). The program of 12/16/81 is an example of a day in which there was little major business news, but in which there was a chance to present a background story on an economic issue involving the federal government ('Meat'), a background piece on how banks work behind the scenes ('Bankers' Hours' -- deliberately done from a lighter point of view), and a background piece on major new technology and the people who make it work ('Focus on Amdahl')."--1981 Peabody Awards entry form.
- Broadcast Date
- 1981-12-16
- Asset type
- Episode
- Media type
- Moving Image
- Duration
- 00:29:10.484
- Credits
-
-
Producing Organization: WPBT-TV (Television station : Miami, Fla.)
- AAPB Contributor Holdings
-
The Walter J. Brown Media Archives & Peabody Awards Collection at the
University of Georgia
Identifier: cpb-aacip-4364b724eac (Filename)
Format: U-matic
If you have a copy of this asset and would like us to add it to our catalog, please contact us.
- Citations
- Chicago: “Nightly business report; 1981-12-16,” 1981-12-16, The Walter J. Brown Media Archives & Peabody Awards Collection at the University of Georgia, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC, accessed May 16, 2025, http://americanarchive.org/catalog/cpb-aacip-526-9g5gb1zj89.
- MLA: “Nightly business report; 1981-12-16.” 1981-12-16. The Walter J. Brown Media Archives & Peabody Awards Collection at the University of Georgia, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Web. May 16, 2025. <http://americanarchive.org/catalog/cpb-aacip-526-9g5gb1zj89>.
- APA: Nightly business report; 1981-12-16. Boston, MA: The Walter J. Brown Media Archives & Peabody Awards Collection at the University of Georgia, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Retrieved from http://americanarchive.org/catalog/cpb-aacip-526-9g5gb1zj89