News In Brief
Two polls conducted in South Carolina showed Senator Dole with 11 and 16 point leads over Pat Buchanan in tomorrow's 37-delegate Republican presidential primary. Surveys also found Lamar Alexander and Steve Forbes trailing behind with about 10 percent each. Alexander resisted calls from Republicans to drop out of the race. Forbes campaigned in Pennsylvania and won a federal appeals court ruling that kept him on the primary ballot in all of New York's 31 congressional districts. Next in line: Puerto Rico, which holds its primary Sunday. (Editorial, Page 20.)
About 30 TV executives were scheduled to meet with President Clinton to pledge support for a system to rate programs on violent and, possibly, sexual content. Clinton was also expected to discuss requiring TV stations to air educational programming for children at least three hours a week. The broadcast industry opposes the idea. (Story, Page 3.)
The House and Senate agreed on a tough Cuban sanctions bill, and Clinton signed off on compromise language. The bill allows Cuban-Americans and others to sue foreign companies that make use of commercial property confiscated during Fidel Castro's rule. The bill faces certain House and Senate approval. Also, the FBI denied a Cuban double agent's claims that it knew two planes flown by exiles would be shot down by Cuban fighter jets.
Federal prosecutors fined Japan's Daiwa Bank Ltd. a record $340 million for hiding $1.1 billion in trading losses from banking regulators. The largest fine ever for a US criminal case was levied after the bank pleaded guilty. (Related Story, Page 8.) Also, antitrust regulators approved Wells Fargo & Co.'s acquisition of First Interstate Bancorp after the banks agreed to sell 61 California branches. The agreement involves an exchange of stock valued at $13.5 billion - the biggest in banking history.
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