Key Adviser to Kirk Kerkorian Resigns From GM Board; Kerkorian Backs Off Stock Buy Plan

LOS ANGELES (Reuters) - The Walt Disney Co. will spend about $30 million to shut down its Mobile ESPN wireless telephone services, but remains "excited" about its family-oriented Disney Mobile phone service, Disney Chief Financial Officer Tom Staggs said ...

MADRID/LONDON (Reuters) - Spain's Iberdrola has agreed to buy Scottish Power for 11.6 billion pounds ($22.5 billion) in cash and shares to create Europe's third-biggest utility and a world leader in renewable energy.