Britney, Barneys and More Dasha

cityfile · 03/03/09 06:55PM

• Big day for Britney: Her Circus tour kicks off this evening in New Orleans where she'll be wearing elaborate costumes designed by DSquared2. She was also named Candie's new spokesmodel, so she's got that going for her, too. [Vogue UK, SW]
• Barneys is not for sale, or at least that's what the CEO of the retailer's parent company is saying. [WWD]
• Trouble at the Plaza: Half the stores in the basement shopping mall are demanding lower rents. [NYP]
• Poor Dasha Zhukova. Fashion insiders have been laughing about her new job at Pop and now Daphne Guinness says she's having no part in it. [Fashionista]
• A peek at Tracy Feith's new line for Target, which debuts in May. [Racked]
• Reports from the final day of Milan Fashion Week. [NYT, NYT]
• Paris Fashion Week begins tomorrow. But not before fashion's A-list convened for one last party in Milan last night, of course. [Fashionologie]

Cramer Fires at White House, White House Fires Back

cityfile · 03/03/09 05:31PM

Did you catch Jim Cramer's rant on Today this morning? Appearing alongside Matt Lauer and Erin Burnett, Cramer called President Obama's budget a "radical agenda," adding "This is the greatest wealth destruction I've seen by a President." It seems Washington couldn't resist an opportunity to fire back. "I'm not entirely sure what he's pointing to to make some of the statements," said White House press secretary Robert Gibbs. "And you can go back and look at any number of statements he's made in the past about the economy and wonder where some of the back-up for those are too." Indeed. [TVNewser]

MSNBC Lady Anchor Mini Cat Fight!

Richard Lawson · 03/03/09 04:57PM

All Contessa Brewer was trying to do was introduce a clip about a "gigantic gem." But her bitchy co-anchor Melissa Francis had to insult her, by implying she was conceited or something. Contessa was flummoxed.

Newspaper Ads For Newspapers Accomplish Nothing

Hamilton Nolan · 03/03/09 04:50PM

Advertising is a proven, effective tactic. Newspapers are important. But running ads telling people that newspapers are important is just throwing money into a fire, for amusement.

Eating & Drinking: Tuesday Edition

cityfile · 03/03/09 03:55PM

• Silvano Marchetto is opening Scuderia across the street from Da Silvano on Sixth Avenue off Downing St. on March 9. It's a trattoria, naturally. [GS]
• Doug Psaltis is Danny Abrams' new partner at Smith's on Macdougal. [Eater]
• Starbucks' latest effort to to reinvent itself as an affordable brand? The chain's new value meal (or "breakfast pairings"), which run $3.95. [NYT]
• The News gives Josh DeChellis' La Fonda del Sol four stars this week. [NYDN]
• Bamn, the Automat-themed spot on St. Mark's, appears to have closed. [GS]
• Tribeca's Dennis Foy has closed, too. [Zagat]
• The yellow waffle truck known as Wafels & Dinges is on its last legs. [Eater]
• Bar Veloce, which became Bar Tonno and then turned into Room4Dessert, before reopening as Bar Veloce, is now named Veloce Club. Got that? [GS]

Barack Obama, Stock Analyst

Owen Thomas · 03/03/09 03:50PM

Our Wonky President could do just about anything, right? So no one blinked an eye when Barack Obama morphed into Henry Blodget and started spouting off about price-to-earnings ratios. In other words, buy stocks now!

Ten New Jobs For J-School Graduates

Hamilton Nolan · 03/03/09 03:25PM

Despite the fact that there are not enough jobs for people already in journalism, kids still pay big money to go to J-schools. Where will they find work? New ideas for a new world:

Sandy Weill Isn't Smiling Much These Days

cityfile · 03/03/09 03:05PM

Sandy Weill presided over Citigroup until 2006 when he stepped aside and handed the reigns to his self-appointed successor Chuck Prince (who, in turn, was replaced by the bank's current CEO, Vikram Pandit). When Weill left the company, he departed with hundreds of millions in Citi stock and a very generous golden parachute to boot. So how much is he worth now that the U.S. government owns a third of the company and Citi shares can be had for a buck and a quarter? Charlie Gasparino does the math: "The last public filing for Weill stock ownership came out in February 2006. It said he held 16.555 million shares. With a stock price hovering off its highs but at a still healthy $46 dollars, Weill's holdings in Citi were worth more than $760 million. If he hadn't sold a single share, those same holdings would be worth a tad more than $20 million today."