Update 1: Ex-Disney Director Testifies About Eisner A former Walt Disney Co. director testified Monday that Disney chief executive Michael Eisner told her in a December 1996 telephone conversation that then-Disney President Michael Ovitz was being fired and was eligible for a large severance package.
'Soft patch' not so soft, as US economic growth is revised higher (AFP) AFP - The US economy's  quot;soft patch quot; was not as weak as initial estimates, according to government data showing a 3.3 percent pace of expansion in the second quarter.