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Times Staff and Wire Reports

Entergy Corp. said it agreed to buy London Electricity for $2.1 billion in cash, becoming the third U.S. company to bid for a British electricity supplier in two months. . . . Nike Inc.’s fiscal second-quarter net income leaped 81%, smashing Wall Street’s estimates, on strong sales of its athletic shoes and clothing worldwide. Net income rose to $176.9 million, or 60 cents a share, from $97.8 million, or 34 cents, a year earlier. . . . The Missouri Supreme Court has overturned a $40-million jury award to a woman who was paralyzed when her friend’s Suzuki Samurai rolled over.

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