MEDIA
• As we bid adieu to the Real Housewives of New York, we luckily have something to look forward to: the Real Housewives of New Jersey! [NYO]
• Not enough staffers at the New York Times have taken buyout deals so the broadsheet is probably going to have to resort to layoffs. [Radar, NYT]
• Traditionally for a story to be considered breaking news, the story had to actually, well, break news with something fresh and new on the record. But is that notion changing as more articles are driven by speculation and gossip floating around the rumor mill? [NYO]
FINANCE
• Wall Street’s crisis hops the pond: London’s stock market is bracing itself for 40,000 sackings. Meanwhile, the Swiss-based UBS is expected to cut paychecks by 10 percent. [NYP]
• Have you noticed an influx of foreigners pulling out plastic around the city? You aren’t imaging it. Foreigners are keeping New York’s economy afloat. [NYT]
• JPMorgan Chase’s topped earnings forecasts as the bank raked in $2.4 billion in the first quarter. [CNN]
LAW
• A New York law firm calls for a BlackBerry-free zone. [WSJ]
• Skadden partner Joe Flom says that calling people back in under an hour is one secret to success. If things were that easy, everyone who is unemployed and actually has the time to call people back would have a job. [WSJ]
• A lawyer gearing up for the trial of a mental patient that hacked a Manhattan psychotherapist to death with a meat cleaver says his client is going to plead insanity. [NYT]
REAL ESTATE
• The meatpacking district isn’t just a nighttime playground anymore. New corporate tenants move into the hood. [NYT]
• A 15 Central Park West condo was purchased for $13.8 million — twice as much as the seller paid for the apartment. [Real Deal]
• The Red Hook Ikea is opening June 18, earlier than many expected! Ektorp! [Racked]
