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‘Playboy’ Profits: Going Down?

Plus, '02138' graduates to a new publisher, Bush goes online, and Skadden makes big bucks — all in our daily industry roundup.

Rent Stabilization Not As Stable As Before

Plus, Skadden's role in the failed Microsoft-Yahoo talks, what Perez Hilton is doing in James Frey's new novel, and the rest of today's industry gossip.

Rupert Murdoch Is Full of Vim, Vigor and Probably Viagra

The media mogul seems gleeful about life (and also his wife!) in a 'Newsweek' profile, Bank of America's CEO is startled by losses, a fifth-grade graduation ceremony gets ugly, and a hedge-funder pays $801,000 for a literal closet in today's collection of media, finance, law, and real-estate news.

Jack Welch Has Some Letting Go to Do

The former GE chief won't shut up about his old job, Andrew Cuomo goes on a subpoena rampage, Katie Couric may have a book in her, and a homeless man blunders on to some very special blueprints in our daily roundup of news from the world of finance, law, media, and real estate.

Manhattan Rents Finally Dropping

Cerberus' founder goes on the record, Richard Butler goes free, and Bloomberg strong-arms Wal-Mart in today's news roundup.