Last night moguls and media types gathered to celebrate the revamp of Business Week. Henry Kissinger, Dylan Lauren, Atoosa Rubenstein, and Alexis Stewart (Martha's daughter) all rallied at Guastavino's to toast editor-in-chief Stephen Adler. Michael Eisner praised the redesign and then got down to business with us about — what else? — the Fox Business Network. "When you have Rupert Murdoch and Roger Ailes doing a project, you can’t discount it," he told us. "So I suspect it will be competitive and successful." Eisner reminded us that he has his own show on CNBC, a network he thinks is "pretty entrenched and well done." "I think it will be a long time before they’re taken over the way CNN was taken over by Fox News," he said. "It's not really analogous."

Having had our fill of business talk, we asked former GE CEO Jack Welch and his young wife, Suzy, what they thought of NBC (which parent company GE is considering putting on the block after the 2008 Olympics). "They’re improving dramatically," said Jack. "We love 30 Rock and The Office. We enjoy it. Its numbers aren’t off the wall, but we like to watch it anyway." How charitable. "Our children love Heroes!" explained Suzy, prompting New York to ask which superhero each would like to be. "I wish I were Jack Welch!" said Suzy. "I wish I were Suzy!" said Jack. We just wished we were drunk. —Justin Ravitz

Read what Atoosa Rubenstein has endured for the sake of fashion, along with the rest of our complete coverage of the BusinessWeek party.