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* Time magazine said it would move its delivery day from Monday to Friday beginning next year as part of a plan to make over the magazine and its website.
* Walt Disney Co. has promoted two of its executives to lead the company’s Florida resort and vacation club operations. Meg Gilbert Crofton, 52, was named president of Walt Disney World Resort, and Jim Lewis, 45, was named president of Disney Vacation Club.
* A U.S. Bankruptcy Court judge postponed until Sept. 18 a hearing into auto parts maker Delphi Corp.’s request for power to impose wage and benefit cuts on its hourly workers in the U.S.
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