NEW YORK (Reuters) - Sovereign Bancorp Inc. Chairman and Chief Executive Jay Sidhu is expected to resign within a week, the Wall Street Journal reported on Tuesday, citing an individual close to the situation.

SINGAPORE (Reuters) - Oil stood above $60 on Tuesday after forecasts of a cold spell in the U.S. Northeast buoyed heating oil, and as a weaker dollar and a Saudi warning of possible new output curbs bolstered the market.

Disney takes hit to close ESPN cell-phone service Charlotte Observer 03 Oct 2006 DIGITAL Walt Disney Co. will spend $30 million to shut down its...