Unix Timestamp: 854323200
Monday, January 27. 1997, 12:00:00 AM UTC

The Dow Jones Industrial Average closes above 7,000 for the first time, gaining 60.81 to 7,022.44.

Sandline affair: Australian newspapers publish stories that the government of Papua New Guinea has brought mercenaries onto Bougainville Island.

On their way to Lebanon, 2 Israeli troop-transport helicopters collide, killing 73.

Morgan Stanley and Dean Witter Reynolds investment banks announced a $10 billion merger.

BritishHome SecretaryMichael Howard informs Moors MurdererMyra Hindley that she will never be released from prison. Mr. Howard has made the decision in agreement with a recommendation made by his predecessor David Waddington in 1990.

The so-called Big Three banks in Switzerland announced the creation of a $71 million fund to aid Holocaust survivors and their families.

After at first contesting the results, Serbian President Slobodan Milošević recognizes opposition victories in the November 1996 elections.

It is revealed that French museums had nearly 2,000 pieces of art that had been stolen by Nazis.

The United States Army suspends Gene C. McKinney, Sergeant Major of the Army, its top-ranking enlisted soldier, after hearing allegations of sexual misconduct.

"STS-82": Tune-up and repair work on the Hubble Space Telescope is started by astronauts from "Space Shuttle Discovery".