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Secretary of State Warren Christopher, known for his quiet persuasion, was expected to officially submit his resignation. Christopher's successes include: freezing North Korea's nuclear weapons program, ending the war in Bosnia, and encouraging Israel and the PLO to reach interim agreements. Also likely to depart the Clinton administration: Defense Secretary William Perry, Commerce Secretary Mickey Kantor, Energy Secretary Hazel O'Leary, chief of staff Leon Panetta, senior adviser George Stephanopoulos, Labor Secretary Robert Reich, Transportation Secretary Federico Pena, and Housing Secretary Henry Cisneros.
New York Sen. Alfonse D'Amato called off a Senate probe into the Whitewater affair, saying it should be left to the special prosector. The decision likely was influenced by the elections: President Clinton received 59 percent of the vote in New York. The Senate panel spent some $1.3 million in its Whitewater investigations.
The Dow Jones industrial average skyrocketed 96 points Wednesday to a record high of 6177 in response to election results. The one-day gain was the largest since March 18 and the sixth-biggest in history. Investors believe government spending will remain in check with a Democrat in the White House and Republicans controlling Congress. Meanwhile, workplace productivity crept forward during the July-Sept. quarter a mere 0.2 percent, posting less than half the gain of the previous three months.
Responding to the threat of a boycott led by religious and business leaders in San Diego, Texaco's chairman publicly apologized for racist remarks made by several top executives. Peter Bijur asked consumers not to turn their backs on Texaco, and said he suspended two of the executives. He confirmed that the oil giant received subpoenas from a federal grand jury investigating whether executives illegally destroyed documents on minority hiring.
Boston College suspended 13 members of its football team for gambling, two of whom bet against their own team. It is the largest number of athletes known to have been implicated from one team. The athletes bet a reported $25 to $1,000 on college and professional football, and baseball games, including this year's World Series.
Three members of the 112th Georgia Militia were convicted in Macon, Ga., of conspiracy for stockpiling pipe bombs. They planned to use pipe bombs at the Atlanta Olympics and in terrorist attacks on the federal government, prosecutors said.
Investigators in the downing of TWA Flight 800 off Long Island, N.Y., dredged up hundreds of pounds of plane parts from the ocean floor. The pieces were taken to a hangar where investigators are reassembling the plane. Also, investigators in the crash of a Valujet plane in the Florida Everglades planned to preform a mock test by recreating a blaze with the use of oxygen canisters in an attempt to zero in on the cause of the crash.
The CIA filed documents in a San Diego district court stating it has not uncovered ties between itself and Nicaraguan drug dealers or others who allegedly operated a cocaine ring in California in the 1980s. The report was filed in response to a San Jose Mercury News report detailing how two Nicaraguan drug dealers who sold cocaine to Los Angeles street gangs led a CIA-backed anticommunist commando group. The CIA inspector general is investigating allegations the CIA was involved in introducing crack cocaine into the US.
Mario Savio, a radical who became a symbol of the 1960s free-speech movement, died. He rose to fame as the movement's voice at the Berkeley campus of the University of California in 1964, when he stood on a police car following the arrest of a student for political activity. Savio recently led a drive against Proposition 209, the California ballot measure to end state affirmative action programs.
Tutsi rebels fighting in eastern Zaire rejected proposals for a US or European role in peacekeeping efforts. A rebel leader said only African troops should take part in a multinational force to aid and protect refugees from the war. The assembling of an intervention force was aproved by Zairean President Mobutu, who is on a retreat in France. In Johannesburg, a Zairean official said South African President Nelson Mandela would intervene in the crisis at Mobutu's request. Meanwhile, in Brussels, European Union leaders discussed ways to provide the refugees with food aid.