• 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]

• The raid by British commandos to free New York Times reporter Stephen Farrell has stirred up controversy. Some are suggesting that the operation, which left a British soldier dead, could have been avoided if Farrell hadn't ignored warnings about not venturing into Taliban territory. [Telegraph]
• Related: Farrell has recounted his 4-day ordeal on the Times website. [NYT]
• Now that the New York Times Co. is selling its classical music station WQXR, it's moving from 96.3 to 105.9 on the FM dial. [NYT]
• Saturday Night Live will kick off its 35th season on September 26 with Megan Fox as host; U2 will be providing the music. [NYM/Vulture]
• James Patterson's 17-book deal is worth a staggering $150 million. [Forbes]
• A musical about Woodstock is headed to Broadway. [NYT]
• New York magazine's website has launched two new blogs. [PaidContent]
• Orange County Register sports columnist Mark Whicker has apologized for penning possibly the dumbest newspaper column in history. [E&P]
• Courtney Love says she never gave Activision permission to use Kurt Cobain's image in "Guitar Hero 5." She's blaming it all on Dave Grohl. [RS]
• Interested in buying CFO magazine? Great news; it's for sale. [Folio]