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  • Stocks in Japan and Australia hit highs not seen in more than four years after Tuesday's big rally on Wall Street. The benchmark Dow Jones Industrial Average hit an all-time high — topping a record set in the fall of 2007, just before the financial crisis hit.
  • The Puerto Rican rapper only performs in Spanish — a sign of the growing power of Hispanic music. It's the first time an artist who never sings in English tops the year-end list.
  • 2: Comedian BRETT BUTLER had an abusive marriage before getting on stage with her comedy act. She is now the star of the sitcom "Grace Under Fire," one of the top rated shows of the season. Her character is a single mother with three kids, and, like BUTLER, is divorced from an abusive husband.
  • Author LORENZO CARCATERRA (Car-CA-terra). He is managing editor of the CBS weekly series "Top Cops." He's written a memoir, "A Safe Place," (Villard Books) about growing up the son of a violent, loving, murderous, and generous father. They lived in New York's Hell's Kitchen during the 50s and 60s. Lorenzo found out at the age of 14 that his father had murdered his first wife when she threatened to leave him. REBROADCAST. ORIGINALLY AIRED 1/
  • In Cornwall, England, an 83-year-old woman went missing. The search for her came up empty until a passerby heard the woman's cat meowing. The cat was on top of a ravine where the woman had fallen.
  • Apart from its better-known roles in bluegrass and Dixieland, the banjo was once a sought-after status symbol in late 19th-century America. Young ladies learned to play parlor music on the banjo; there were banjo societies and banjo virtuosi; and manufacturers fought wars over who could make the fanciest banjos. On top of that, this was primarily a northern phenomenon. It's chronicled in a new book, America's Instrument: The Banjo in the 19th Century, by Philip Gura and James Bollman. Paul Brown reports. (7:45) (America's Instrument: The Banjo in the 19th Century is published by University of North Carolina P
  • NPR's Richard Harris reports that the Defense Department says it is starting to refocus its investigation of illnesses among Gulf War veterans as a result of recent revelations that some troops may have been exposed to chemical weapons during clean-up efforts after the war. The Pentagon's top doctor, Steven Joseph, says the realization is "a watershed" in trying to understand the mysterious ailments. The Pentagon now presumes some soldiers have been exposed to chemical weapons, though no illnesses have been clearly linked to the chemicals.
  • With the polls showing that Bob Dole is gaining little ground on President Clinton in this year's presidential race, GOP strategists are deciding how to save their congressional candidates from duplicating the top of the ticket's lack of success in appealing to voters. NPR's Phillip Davis talks with Republican state leaders about how they hope to get their voters to the polls to support the party's ideals as well as their congressional candidates. In Texas, for example, Republican strategists are running congressional campaigns that are independent of the presidential race, stressing the negative aspects of what it would be like to have both Congress and the White House controlled by Democrats; in Florida, campaign advisors are focusing on voter turnout rather than on the Dole-Kemp message.
  • Blanton helped research information for The Cuban Missile Crisis. In the book, released documents and top-secret files reveal how close the US came to a nuclear entanglement. In 1987, the National Security Archive filed suit against the US government for failing to produce the documents they requested. Since then there has been more compliance with the archive, especially since the Russian government told the US to go ahead and release the Kennedy-Krushchev letters.
  • Host Bob Edwards talks to Richard Allen, National Security Adviser under President Ronald Reagan, about the tape recordings he made in the White House Situation Room the day President Ronald Reagan was shot. Most every top administration official was in the room that day, and the tapes provide a rare glimpse of their private conversations about who was in charge, whether the assassination attempt was part of a conspiracy, and what to do about Soviet subs closer than usual to U.S. shores. Next week marks the 20th anniversary of the attempt on Reagan's life. This interview is the first of two parts.
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