KPTV 10 p.m. news snippet - 1999-03-08
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Duration: PT435S
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Language: English (original, YouTube automatic captions)
[0:00] 39 ft freighter was pulled off the sand
[0:02] near Waldport about 3:15 this morning.
[0:04] Jim Hyde joins us now. V.
[0:06] >> You're [music] watching the 10:00 news
[0:08] on Oregon's News 12.
[0:10] >> Welcome back to the 10:00 [music]
[0:12] news. If you want close out grocery
[0:14] store bargains, now's the time to get to
[0:16] your nearest Kos. But be prepared to
[0:18] stand in line. Folks jammed the aisles
[0:20] and crammed their carts today full of
[0:22] items at the store on Northeast 33rd
[0:25] Avenue. Kino's plans to close all but
[0:27] three of its Portland Metro stores by
[0:29] the end of the month. And as of today,
[0:31] everything is 30% off. The local chain
[0:34] can't compete with the big superstores
[0:36] like Safeway and Fred Meyer. This sale
[0:39] will go on until all the merchandise is
[0:41] gone. Meanwhile, the Sony Corporation is
[0:44] taking drastic measures tonight to try
[0:46] to protect its profit margin. The
[0:48] company announced today that it will cut
[0:49] its workforce by 10% over the next four
[0:52] years. That's about 17,000 jobs
[0:55] worldwide. Now, a spokesperson in Tokyo
[0:58] says the cuts are needed to reduce costs
[1:00] and also improve profit