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Jude Law

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Sherlock Holmes Trailer: Half the Rumors Were True

It's simply your basic, fun-seeming Jason Bourne–style actioner in which the titular hero battles ghosts and is played as a near relative of Captain Jack Sparrow. Yawn!

By Lane Brown

Whitney Won’t Catfight Olivia for Ratings

Even though 'The City' producers supposedly want them to. Plus, Madonna's new family unit brunched in the meatpacking district Sunday. In the gossip roundup.

By Tim Murphy

Richard Arens Is Having His Moment

FINANCE • Trader Richard Arens, who runs a brokerage named ABS, made a vanity trade in order to push oil past the $100/barrel milestone. We're sure the girls at the bar will be real impressed. [MarketBeat/WSJ] • Citigroup will likely start laying off between 5 and 10 percent of its workforce next week, cutting as many as 32,000 jobs. Merrill Lynch plans to cut around 1,600. [CNBC] • Former E*Trade CEO Mitch Caplan, who helped load the company with the subprime loans, made off with a $11 million golden parachute. Compare that with former H&R Block chief Mark Ernst, responsible for his own big subprime losses, who took home a paltry $2.5 million. [Deal Journal/WSJ, DealBook/NYT]