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Rupert Murdoch

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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.

NBC Throws a Changeup

The Peacock network is the first to ditch the traditional notion of television "seasons." That, and more news from the city's media, finance, law and real-estate industries.

Rupert Murdoch Making a Bid for ‘Newsday’?

According to Crain's, Rupert Murdoch and News Corp. might be plotting to buy Long Island tabloid Newsday. The news comes shortly after the release of the quarterly results of the Tribune Company (Newsday's owner), which showed an $78 million loss in its continuing operations at the end of 2007.

The ‘GQ’ Whipped List Includes Some of New York's Meekest

We were just tipped off to GQ's list of "the twenty-five most emasculated, disempowered, henpecked husbands on the planet" by Portfolio's Jeff Bercovici. He was fascinated by the fact that Wendi Deng, our best friend, pushed Rupert Murdoch around so much. Well, yeah. Doesn't everyone know that it's the powerful men who love to be dominated? But what other New York men did GQ out as submissives? Despite the obvious and frankly just-for-show sexism (because everyone knows that all dudes who work for GQ are either gay or Sensitive) we clicked over, and we were not disappointed.

Jimmy Cayne and Richard Fuld Disinvited From the Billionaire Party

Rich
How humiliating is it to be dropped off Forbes' annual list of the world's billionaires? Just ask Jimmy Cayne and Lehman Brothers' Richard Fuld. Cayne, who stepped down from Bear Stearns earlier this year, and Fuld, who it was just announced raked in a paltry $40 million in 2007, were notably absent from this year's list, which was released yesterday. Does this mean they will be turned away from Steve Schwarzman's next birthday party? Will it be like, I'm sorry, sirs. Only billionaires are allowed here? If that's the case, it's going to be a pretty small crowd, unless Schwarzie plans to hold his fiesta in Moscow. This year, the Russian capital eclipsed New York in the amount of billionaires per capita: We have only 71, with an average net worth of $3.3 billion each, whereas in Russia, 74 billionaires, with an average net worth of $5.9 billion each, are whooping it up with the caviar blini. So other than deadbeats Fuld and Cayne, who else is keeping us down?