• It looks like there's a new frontrunner to take over BusinessWeek. Mayor Bloomberg's media company, Bloomberg LP, has bypassed Bruce Wasserstein as the leading contender to take over the McGraw-Hill-owned mag. [NYP]
• After close to three decades at ABC News, John Stossel is leaving the network to join Fox News and Fox Business Channel. [FNC, TVN]
• Not all magazines are closing down or trimming operations. Cesar Millan and IMG have launched a title for dog owners called Cesar's Way. [WSJ]
• There's been an editorial shakeup at O, The Oprah Magazine. [NYP, WWD]
• Will this season be the last for Oprah Winfrey's daytime talk show? [NYDN]
• Graydon Carter appears to have been granted a pass. The Vanity Fair editor reports he hasn't been forced to sit down with the flock of cost-cutting McKinsey consultants now prowling the halls of Condé Nast. [NYO]
• A judge has tossed out a lawsuit by Missy Chase Lapine, the author who claims Jessica Seinfeld ripped off her cookbook last year. [AP]
• According to the Wall Street Journal, "Bonnet books," or Amish love stories, are "a booming new subcategory of the romance genre." Who knew? [WSJ]

• Tyra Banks is launching a web-based magazine. Tyra: Beauty Inside & Out will feature an "audio 'manifesto' that asks readers to dream big, ignore the haters, celebrate uniqueness and seek the beauty in everything." [WWD]
• James Patterson has signed a 17-book deal with his publisher, Hachette. And all 17 of them will arrive in bookstores before the end of 2012. [AP]
• All the competition online appears to be taking a toll on the Zagat guide series. Sales are down and the company has been laying off staff. [NYP]
• It was a mixed bag for Hollywood studios hoping for a big summer box office. Revenue was up 2 percent, but attendance fell 2 percent, too. [NYT]
• The Final Destination and Inglourious Bastards came in at No. 1 and 2 at the box office this weekend, beating out a handful of newcomers. [LAT]
• Following in the footsteps of the Wall Street Journal and New York Times, USA Today is the latest newspaper to launch an online "wine club." [E&P]

Spike Lee turns 52 today. Fashion designer Nicole Miller turns 58. Lady GaGa is 23. Holly Hunter is turning 51. Actor William Hurt is 59. Mike Francesa, the radio and TV talk show host, is 55. Author Kathryn Harrison turns 48. BET host and author Touré is turning 38. Photographer Mary Ellen Mark is 69. Christopher Heinz, the son of Teresa Heinz and stepson of John Kerry, is 36. And actor/director/writer Carl Reiner turns 87 today. Weekend birthdays after the jump!