Alex Rodriguez took matters into his own hands after his agent suggested that he opt out of his contract during Game 4 of the World Series. According to The New York Times, Rodriguez confirmed on his Web site that he spoke directly with the Steinbrenner family, assuring them that he wants to stay with the Yankees.
Sports Illustrated reports that Rodriguez could pan out a 10-year, $280 million deal in the next day or two, topping his current record contract of $252 million, but falling short of his original goal for a $300 million deal.
The Late Show production company won't go empty handed while CBS ceases payment. According to LA Weekly, Dave Letterman, who owns the Late Show, will pay his producers through the end of the year. “‘Dave's not doing this to get good press, which is why it hasn't been reported for almost two days,' a source tells me…as opposed to all of the other shows, this money comes out of Dave's own pocket.”
Carlsberg AS and Heineken raised their bid for the UK's Scottish & Newcastle to 750 pence ($15.39) a share.
AdWeek reports that Interpublic Group entered a deal with buzz-tracking service Radian6, allowing IPG public relations agencies to use Radian6's Web dashboard to monitor conversations on leading social-media sites.
CNN plans to increase its correspondent staff by 10%.
Britain's postal service, the Royal Mail, touts an initiative, aimed at marketers, that encourages them to add a scent, taste, or sound in their snail mailings.
Judith Regan sues former employer News Corp.