World News (ABC) - 2008-09-16

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Read a transcript preview of “World News (ABC) - 2008-09-16” from malgent, uploaded on 2025-09-13.

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Language: English (original, YouTube automatic captions)

[0:00] toll free at 87777

[0:03] news.

[0:07] >> Welcome to World News Tonight. Stocks

[0:10] rebound a bit, but there's a battle on

[0:12] to save another major company. The

[0:14] candidates have proposals to fix the

[0:16] economy. What's the difference between

[0:19] them? Slowgoing. President Bush visits

[0:22] Texas as thousands remain homeless and

[0:24] millions remain without power. The death

[0:27] toll is rising. Drug warning. The FDA

[0:30] bans imports of some generic drugs,

[0:33] including popular antibiotics,

[0:35] painkillers, and cholesterol drugs. Is

[0:37] your medication safe? And on tap, the

[0:42] British pub that has solved its

[0:44] ailments. They're doing a stout business

[0:46] by bartering for beer.

[0:54] From ABC News headquarters, this is

[0:57] World News with Charles Gibson.

[1:00] >> Good evening. It was another wild ride

[1:02] on the seessaw, otherwise known as Wall

[1:05] Street. The Dow was down 175 points just

[1:08] after the opening bell. Then did an

[1:10] about face and at the close was up over

[1:14] 140 points. Among the day's events, the

[1:16] Federal Reserve left a key interest rate

[1:18] unchanged. And there is hope of saving

[1:21] AIG, the world's largest insurance

[1:23] company, which is on the brink of

[1:25] becoming the latest financial

[1:27] institution to fail. So Betsy Stark is

[1:30] here once again tonight. Betsy,

[1:31] >> Charlie, the Dow Industrials managed to

[1:34] finish with the tripledigit gain today,

[1:36] but behind the scenes, it was another

[1:38] nailbiter. The ground continues to shift

[1:40] under Wall Street. And tonight, it is

[1:42] still not clear who will be left

[1:44] standing tomorrow.

[1:48] Before the dust could settle on

[1:49] yesterday's upheavalss on Wall Street, a

[1:52] new d

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