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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| December 02, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

LEISURE

Disney directors resign, rip Eisner

A second Walt Disney board member quit amid a dispute with Chairman and CEO Michael Eisner about his performance. Walt Disney's nephew, Roy, 73, facing forced retirement due to his age, resigned Sunday and lambasted Eisner in a letter to the board, calling for him to step down. Director Stanley Gold quit Monday to support Roy. Eisner is expected to survive the turmoil.

ENERGY

Yukos rejects Sibneft's ultimatum

Sibneft says it'll halt a merger with the larger Russian oil firm unless it gets management control, a demand Yukos dismissed. The Russian government has jailed Yukos' top shareholder, Mikhail Khodorkovsky, and threatened oil licenses in what some call payback for Khodorkovsky's opposition to Russian President Vladimir Putin.

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