ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.
CANNES, France-- The Cannes Film Festival got off to a blockbuster, if stormy start, as Baz Luhrmann's "The Great Gatsby" opened on a soggy French Riviera. Amid heavy rain, dancing flappers flocked down the Cannes red carpet Wednesday night, bringing a touch of the Jazz Age to the Croisette. "