Disney sues Blockbuster over $120 million loss claim
The Associated Press reports Disney accuses Blockbuster of breach of contract, alleging shady accounting, premature tape sales, and thousands of missing videotapes under a 1997 revenue-sharing deal that ended in 2001. Disney seeks redress as Blockbuster disputes the charges and Disney reorganizes its animation leadership.
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Associated Press
Los Angeles
Walt Disney Co
Blockbuster Inc
Blockbuster
Disney
Buena Vista Home Entertainment
Sandy Litvack
Buena Vista
Disney Channel
Disneyland Resort
Mickey and
Minnie Mouse
Donald Duck
Goofy
Alaska Airlines
Rubin Cleared of Legal Violations in Enron Call
A Senate staff report finds former Treasury Secretary Robert Rubin did not break laws by urging a Treasury contact with Moody's during Enron's collapse. The inquiry notes Rubin suggested delaying a downgrade but did not violate regulations. Citigroup links and related banking conduct were also scrutinized.
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Washington
Treasury
Robert Rubin
Enron
Senate
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Rubin
Clinton Treasury
Citigroup
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Treasury Department
Kenneth Lay
Bush
Lay
Paul O’ Neill
Commerce
Donald Evans
Federal Reserve
Alan Greenspan
U.S
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Peter Fisher
Joseph Lieberman
Connecticut
Bush White House
Fred Thompson
Tennessee
Wall Street
Michael Carpenter
Fisher
Moody’ S Investors Service
Leah Johnson
J.P. Morgan Chase
Oil futures spike as Venezuelan strike tightens global supply
Crude futures top 33 dollars as Venezuela's month long strike hits world markets. OPEC output dips 1.9 million bpd to 22.7 million in December, while U.S. stocks fall 9.1 million barrels to 278.3 million. Analysts warn of further declines and limited OPEC relief.
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Fidelity Invest
Magella le
Vanguard
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Contra
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EupacAp
PerAp
Fund LG
Idpe!, Inc
P'S
Dow Jones News Service
New York
Venezuela
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Organization of Petroleum Exporting Countries
Department of Energy
U.S
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Mercantile Exchange
Ataron
Corr
Energy , Department
Wwe
London
International Petroleum Exchange
North Sea
Brent
Flynn
Washington
Iraq
OPEC
Peter Beutel
Cameron Hanover
Connecticut
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SP Tech
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