Short Reports

Sat., May 13, 2000

From Staff

First-quarter profits jumped 49 percent for Warren Buffett’s Berkshire Hathaway Inc. as investment gains nearly doubled, the company reported Friday.

In the advertising industry’s biggest buyout, WPP Group PLC is paying about $4.3 billion in stock for Young & Rubicam Inc., which created the Jell-O jingle, invited soda drinkers to “Be a Pepper” and made Snoopy an insurance salesman.

U.S. crude oil prices climbed back to $30 a barrel Friday after major oil producers said they have no plans to raise their output further. On the New York Mercantile Exchange, crude oil for delivery in June rose as high as $30.00 per barrel but slipped back to $29.15 in afternoon trading.

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Short Reports

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

More than 100 killed after strongest quake this century hits western Colombia

Veterans in this GI Bill scam played along as trade schools pocketed millions

Water systems are ripe for cyberattacks, experts warn after suspected Iranian hacks