The NewsHour with Jim Lehrer (PBS) - 1999-10-05

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Read a transcript preview of “The NewsHour with Jim Lehrer (PBS) - 1999-10-05” from malgent, uploaded on 2026-01-03.

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Language: English (original, YouTube automatic captions)

[0:00] The money line is

[0:03] >> [music]

[0:10] [music]

[0:12] >> Good evening. I'm Jim Lehrer. On the

[0:14] NewsHour tonight, Terrence Smith and Ray

[0:16] Suarez sort through the latest telecom

[0:19] deal, MCI WorldCom's buying of Sprint.

[0:23] Defense Secretary Cohen is here for a

[0:25] newsmaker interview about the test ban

[0:27] treaty, East Timor, and other issues.

[0:30] When Iffat leads our own argument over

[0:33] the issue the US Supreme Court heard

[0:35] today, campaign finance reform. And

[0:38] Margaret Warner and Dan Balz of The

[0:40] Washington Post provide a snapshot of

[0:42] the Gore presidential campaign. It all

[0:45] follows a summary of the news this

[0:46] Tuesday.

[0:51] It took millions of years to create the

[0:52] world's oil supply and 150 years to

[0:55] deplete it. Who is helping to cut the

[0:57] world's [music] need for oil with

[0:59] renewable energy sources?

[1:04] >> [music]

[1:12] >> This [music] program is made possible in

[1:14] part by a grant from Travelers

[1:15] Insurance.

[1:19] And by the Corporation for Public

[1:20] Broadcasting and by the annual financial

[1:23] support from viewers like you.

[1:25] MCI WorldCom won the right to buy Sprint

[1:28] today for $115 billion. The largest

[1:32] corporate sale in history was announced

[1:34] at a New York news conference. It

[1:36] combines number two long distance

[1:38] carrier MCI WorldCom and number three

[1:41] Sprint. AT&T is number one. The new

[1:44] company will be called WorldCom. It will

[1:47] control 35% of the market and offer

[1:49] other services. The deal is subject to

[1:52] approval by government regulators. The

[1:54] Federal Communications Commission

[1:55] chairman was immediately critical of it.

[1:58] We'll have full coverage right after

[1:59] this news summary

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