Buffett reveals prostate cancer diagnosis in open letter
Warren Buffett, 81, said in an open letter to Berkshire Hathaway shareholders that he has early stage prostate cancer. He described the condition as not life threatening and outlined a two month treatment to begin mid July. He noted his energy and health are strong and that a board plan for succession remains in place.
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American Cancer Society
Oil rises on strong European data and Midwest supply outlook
Oil prices climbed as European economic signals suggested demand stability and a Seaway Pipeline move from Cushing to the Gulf eyed to ease Midwest oversupply. WTI rose $1.27 to $104.20, Brent up to $118.78, gasoline around $3.91 per gallon, while nat gas slid to a decade low.
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Housing market gains momentum on jobs and rents
Rising rents and a healthier job market spur demand for homes and apartments. Builders plan more houses in 2011 with permits near 747,000 in March, the highest since 2008, while rents rise in Chicago, Philadelphia and other cities. Kennon Reinard and her husband moved toward a four bedroom Chicago home after viewing 14 properties.
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