BUSINESS NOTES: DISNEY CENTER SUIT GOING TO THE JURY.ORLANDO, Fla. - Jurors today will consider whether The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. stole the idea to build a sports complex. The plaintiffs' lawyer asked jurors Wednesday to award at least $1.4 billion in damages. Attorney Willie Gary accused Disney of using its influence as one of the nation's largest companies to take advantage of Nicholas Stracick and Edward Russell Edward Russell may refer to:
Disney attorney David Evans David Evans may mean:
Stracick and Russell testified during the five-week trial of their lawsuit that they pitched their idea for a sports complex to Disney officials in the late 1980s, and that four years after Disney rejected their plans, the company announced it would build a $100 million sports complex at Walt Disney World Noun 1. Walt Disney World - a large amusement park established in 1971 to the southwest of Orlando Orlando - a city in central Florida; site of Walt Disney World in Orlando. Disney's Wide World of Sports complex Disney’s Wide World of Sports Complex is a 220 acre (89 ha) athletic complex located in Walt Disney World, Lake Buena Vista, Florida, that consists of 8 venues. opened in 1997. - Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. L.A. cellular fees highest in nation Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , where cellular telephone use is ubiquitous, is the nation's most expensive city for cell phone service, according to a survey by Econ One released Wednesday. The average price of L.A. cell phone service plans in June was $44.07, but that number was down 4 percent from last month. Prices went down just about everywhere in the United States in June, according to Econ One, a research and consulting firm that examines prices in the wireless industry. The national average price of monthly service was $40.64 in June, down 4 percent from May. - Daily News Fed report shows economy cooling WASHINGTON - There were growing signs the red-hot economy began to slow in the late spring and early summer, the Federal Reserve reported Wednesday in its latest survey of business activity around the country. While the economy was in no danger of tipping into recession, the Fed survey found slower activity in consumer spending, manufacturing and construction in June and July. While the economy actually accelerated in the spring rather than slowing down, analysts said Wednesday's report and other indications of a developing slowdown should be enough to persuade the Fed to leave interest rates unchanged when it meets Aug. 22. - Associated Press |
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