The long-expected BusinessWeek layoffs came down yesterday, with 130 staffers let go—a full third of its employees. Is it fair to call that a "surprise?"

Bloomberg, the new owner of Businessweek, is dumping Maria "Contractually Obligated to be called 'Money Honey'" Bartiromo from her gig as a BW columnist, Business Insider reports. That's not the worst decision in the world.

There's an entire Sunday Styles item on Jay-Z's nu-New York anthem, which has now been performed at the VMAs, the World Series, City Hall, your son's bris, and everywhere else. Should Hova step off, or should Sinatra step over?

That's right, the guys who haul pianos and music stands at Carnegie Hall are raking in the big bucks. Just how much? It's more than you could even imagine.

A finance slave chained to their desk last week was so distraught over the poor boy-in-the-balloon-that-wasn't they went to the Bloomberg help desk. Daily Intel's Chris Rovzar, who first posted it, says it's the email-forward of choice in financial circles.

Steve Adler resigned as editor in chief of BusinessWeek, the New York Post's Keith Kelly reports, effective as soon as Bloomberg LP completed its expected takeover of the McGraw-Hill magazine. This was to be expected.

Stephanie Pratt, sister to creepy blondebeard Spencer, got DUI'd. Roman Polanski got out of jail! Kinda. Mickey Rourke, mobster groupie? Penn Badgley should huff paint. Pam Anderson's big train and Tommy Lee's big wang. Presenting your Saturday Morning Gossip Roundup!

As expected, Bloomberg has won the bidding for Businessweek magazine, beating out the investment firm ZelnickMedia. They ended up paying more than the cost of McChicken, after all.

Most of the serious bidders for Businessweek have dropped away, leaving Bloomberg as the leading candidate. We know BW's not exactly a fountain of profit these days. But would Bloomberg really gut the magazine's entire staff?

In your crushing Wednesday media column: another media bankruptcy, the Businessweek sale draws nearer, Paula Froelich occupies her time, and the magazine industry has an idea!

Bow-tied screamer Matthew Winkler, the chief enforcer of The (Insane) Bloomberg Way—the style guide that sternly discouraged journalists from starting a sentence with "But"—had an op-ed in the WSJ this weekend. Check it out, everyone!

They banned smoking in bars, and people said nothing, because they did not smoke in bars, except sometimes if they were really drunk. But now NYC wants to ban smoking in parks, and lo! Smokers finally get some public sympathy.

Bloomberg LP has entered the "bidding war," of a sort, for BusinessWeek magazine. Suck it, Bruce Wasserstein.

Bloomberg has hired Dan Colarusso as its managing editor for U.S. television. It will be interesting to see how an editor known for his bright-burning departures melds with the combustible financial news company.

Betsy McCaughey is a professional liar. She lies. The things she writes are untrue. They are not even "distortions." They are made-up. Everyone has known this for years and yet she was still allowed to derail the nation this month.

How is Matthew Winkler, bow-tied tyrant-in-chief at Bloomberg News, quashing his staffers' dreams today? By making his underlings suffer because of a grudge he has against one of the world's most prestigious papers, according to an insider [UPDATED below].

Bloomberg's been bragging it suddenly tripled its number of scoops in the first quarter. How did the financial wire do it? A company mole forwarded along one particularly egregious example.

Bloomberg retains a reputation as the most brutal and authoritarian of the news wires, so it's no wonder the company's internal memos could pass for North Korean propaganda. Scoop production increased threefold, the glorious regime just reported!

How to determine your Political-Empathy quotient: On one axis find your political ideology somewhere between the two poles of Conservative and Liberal. On the other axis we have "Us"(inclusive) vs. "Them"(exclusive). Yes.