Disney faces blunted rebound as Roth exits amid woes
Disney struggles persist after a disappointing 1999 earnings dip from 1.8 billion to 1.3 billion, a public court showdown, and a wave of executive departures led by studio chairman Joe Roth. Eisner defends strategy while pledging cost cuts, product shifts, and a broader push into online and home video markets.
MENTIONED IN THIS ARTICLE
Burbank
Calif
Walt Disney Co
Disney
Joe Roth
Michael Eisner
Eisner
House of Mickey
ABC Television
Mickey Mouse
Donald Duck
Tom Wolzien
Sanford C. Bernstein & Co
Infoseek
Peter Murphy
Michael Ovitz
Hollywood
Jeffrey Katzenberg
Seattle
Studio
Microsoft bets on Ballmer to soften antitrust stand
New chief executive Steve Ballmer brings a friendlier face to Microsoft as antitrust settlement talks with the government proceed. Analysts doubt public image will sway Judge Posner or the mediation, with many noting Ballmer's stance against breakup mirrors Gates but may not alter the core case.
MENTIONED IN THIS ARTICLE
New York
Steve Ballmer
Microsoft
Bill Gates
Microsoft Corp
U.S
Ballmer
Gates
Thomas Penfield Jackson
Justice Department
Andrew Roskill
Warburg Dillon
Investtment Banking
Uubs AG
Bob Herbold
Herbold
Chicago
Richard Posner
Posner
Jonathan Jacobson
Akin Gump
Magazine industry pushes postal service bypass
The magazine industry seeks to bypass the U S Postal Service amid a proposed 15 percent rate hike. Trade groups project added costs of about 330 million dollars for consumer and business publications, prompting calls to find delivery alternatives.
MENTIONED IN THIS ARTICLE
Wendy Giman
Bridge News
New York
U.S. Postal Service
Magazine Publishers of America
American Business Press
Jim Cregan
Postal Service
Greenspan signals risk of imbalances fueling rate hikes
The article notes Fed Chair Greenspan warning that the U.S. economy shows imbalances that could trigger a recession if not fixed. He argues the nine year stock rally creates demand excess and that balance comes from higher borrowing costs. Markets rose with a Dow gain of 140.55 to 11,722.98 as investors weighed potential rate moves against continued equity strength.
MENTIONED IN THIS ARTICLE
America
Wall Street
Clinton
Federal Reserve
Alan Greenspan
U.S
Greenspan
Fed
Aramenan Arapteres
New York
Scott Grannis
Western Asset Management
Pasadena
Calif
Granhis
Treasury
Nates
Also Mentioned on This Page
Mouse
Disney's Angels
Mighty Ducks
Katzenberg
Roth
Disney Studio
Lvsts
Robert Bucksbaum
Reel Source Inc
Marty
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