This episode of The MacNeil/Lehrer NewsHour reports on the following major stories. The program begins by reporting on a number of military stories, particularly the latest developments in Grenada. MacNeil follows up with a report on the International Business Machine (IBM)s decision to enter the home computer market with the PC Junior. After this report, the program takes an extended look at the impact of deregulation on the bus industry. Finally, the military coverage at the beginning of the program is bookended at the end with some thoughts by Roger Rosenblatt on Military Week.