MANASSAS, Va., Jan.

SHANGHAI, April 7, 2011 /PRNewswire/ -- The Walt Disney Company and Shanghai Shendi Group, its joint venture partner in China, have broken ground on the Shanghai Disney Resort following approval from the Chinese central government in Beijing.

By Michael Liedtke Associated Press SAN FRANCISCO -- Gap Inc.'s profit shrank by another 26 percent during the first quarter as a new management team scrambled to recapture the downtrodden clothing retailer's fashion sense.

With the departure of its embattled chief executive, apparel giant Gap Inc. now faces the tough task of finding a new leader among a narrow group of potential candidates, even as it struggles with ongoing merchandising and sales problems. On Jan.

By Jayne O'Donnell Gap and CEO Paul Pressler "mutually agreed" he would resign from the struggling apparel chain Monday and be replaced by a son of the company founder.