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Cablevision Strikes Deal to Buy Newsday The $650 million deal will give Cablevision a 97 percent stake and return the paper to Long Island ownership. Norman Pearlstine Joins Bloomberg The former editor in chief of Time and an adviser for the Carlyle Group, the private equity group, was named chief content officer of Bloomberg on Monday. For HSBC, Asia Offsets Bad U.S. Loans Europe?s biggest bank put aside $3.2 billion for bad loans in the United States in the first quarter, in line with its expectations. DealBook: MBIA Posts $2.4 Billion Loss for 1st Quarter The loss, amid a credit crisis that has roiled the subprime-based instruments that MBIA had insured, is a stark reversal from the $198.6 million it earned at the same time last year. Sprint Nextel Widens Loss The wireless carrier reported a first-quarter loss of $505 million as the company lost more than a million subscribers and absorbed charges for severance and other costs. Stocks Gain as Oil Falls and Dollar Advances The market?s concerns about rising inflation and its impact on consumer spending receded as oil prices fell after surging nearly $10 last week. That Pundit on Fox News? An Upstart Named Rove The bête noire of Democrats has turned pundit, and his old nemeses do not always know what to make of it. In the Age of TiVo and Web Video, What Is Prime Time? The missing six million viewers who were watching prime television last May and have disappeared this year are still watching, but on their own terms. Craig (of the List) Looks Beyond the Web In the face of the expansion of the classified ads Web site Craigslist, its founder, Craig Newmark, is capitalizing on his success to promote causes he holds dear. Deutsche Telekom May Gain Control of Greek Company The purchase of a large stake of Greece?s former phone monopoly would give Deutsche Telekom access to Europe?s fastest-growing telecommunications market: the Balkans. E-Commerce Report: Real Estate Lists Grow Comfortable With the Web The triple threat of a weak market, legal pressure and increasing competition has compelled real estate professionals to offer their information more freely online. It?s Official: Jimmy Fallon Is Next for ?Late Night? Jimmy Fallon, the former cast member of ?Saturday Night Live,? is to be named the host of NBC?s ?Late Night? talk show. Advertising: Marketers Welcome Television?s Shift to a 52-Week Season The writers? strike this TV season was only the catalyst of the change to upfront week, when networks offer springtime previews of prime-time programs for the coming fall. State Programs Add Safety Net for the Poorest At least a dozen states are giving monthly payments to low-income workers, hoping to keep them off welfare rolls. Planning a Web Site, Publisher Buys a Harvard Alumni Magazine Plans for 02138, a magazine for Harvard alumni, include expanding it into social networking and event sponsorship, and then duplicating the operation for each Ivy League school. The United States Open Changes Its Cable Home ESPN and the Tennis Channel will start televising the United States Open starting next year through 2014. Citi?s New Slogan Is Said to Be Second Choice Replacing a tagline that fizzled last year, Citigroup?s new slogan, ?Citi Never sleeps?, had previously been scratched. PBS Revives a Show That Shines a Light on Reading The 2009 version of ?The Electric Company? is a weekly, more danceable version of its former daily self. Playboy Has a Losing Quarter, and Its Chief Talks of Media Transformation Playboy Enterprises reported that it had lost money in the first quarter of 2008, making it another casualty of the economic downturn and the squeeze between old media and new media. Drug Promises to Restore Sensation After Dental Visit A small drug company said it won approval Friday from the Food and Drug Administration to market the first drug meant to undo the effects of local dental anesthesia. McCain?s TV Preferences Emerge: Office Farce, Not Soap Presidential candidates long ago learned the power of pop culture, but this year they seem to be leaning particularly hard on it. GodTube, Where Networking Is More Spiritual Than Social GodTube.com, a YouTube knockoff for the evangelical set, is a success with users and with investors as well. Production of a Movie Stops Over Funds to Pay Its Stars Production was halted after producers of the film failed to keep sufficient funds to pay actors in a union-mandated account. Fox Business Refines Lineup in Daytime Changes to the lineup of the network, which was introduced in October, will affect almost every daytime hour. Drilling Down: Subtly but Visibly Swayed by Context A study published recently in The Journal of Marketing Research looks at how subtle cues in our environments affect our product choices. Treasury Auctions Set for This Week The Treasury?s schedule of financing this week included Monday?s regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. Looking Ahead: The Week?s Major Economic Reports The highlight for economic news this week will be the Consumer Price Index for April, on Wednesday. Accounts, People, Miscellany News about advertising. The World: Oil Prices Are Up and Politicians Are Angry. Yawn. What can Washington do to reduce gas prices in the near term? The short answer, alas, is not much. Almighty: The Dollar: Shrinkable but (So Far) Unsinkable What are the chances that a day of reckoning is coming, when the dollar would be so weak that America would have to play by the rules that apply to every other country? The Way We Live Now: First-Class Privilege Why expedited security scans for elite travelers would be hard to curtail. Consumed: Almighty Dolor As Americans, we like the dollar, but as investors, we?re a little more willing to go where the money is. The Media Equation: A Knock in the Night in Phoenix The two principal owners of Village Voice Media have decided to match the legal aggression from local authorities in Arizona with some aggression of their own.