Cityfile: New York's Most Notable and Influential

Bob Dylan Sells Out to Citigroup | Were you aware that Bob Dylan is releasing a Christmas album next month? The story gets even stranger today. It seems Dylan has now inked a deal with the America's most troubled financial institution to help market it: More

• George Michael is back in the news and, as usual, it has nothing to do with his music. The singer was arrested on Friday for driving drunk when he crashed his car into a truck. Michael, however, is insisting he was sober at the time. So maybe he's just a bad driver? [NYDN, E!] 
• Is Joe Simpson trying to push the producers of American Idol to hire Jessica Simpson to replace Paula Abdul? That's the rumor. [P6]
• Amy Winehouse's soon-to-be ex-husband, Blake Fielder-Civil says the singer has been "begging him to get back together." Uh oh. [DM]
• Beyoncé has been brushing up on her dance skills by "secretly" enrolling in ballet lessons at the Alvin Ailey School of Dance. [NYDN]More

Happy Birthday | Naomi Campbell turns 39 today. Actress Ginnifer Goodwin is turning 31. Billionaire oilman T. Boone Pickens is 81. Real estate developer Joseph Sitt is 45. Society dermatologist Lisa Airan is turning 44. Artist Ghada Amer turns 46. Former CNN anchor Bernard Shaw is 69. Alison Eastwood, the actress and daughter of Clint, is turning 37. British tabloid staple, Katie Price, is turning 31. And America's Next Top Model: Cycle 7 winner Caridee English is 24 today. Weekend birthdays after the jump.More

• CBS posted a first-quarter loss as the ad recession took its toll. [THR, NYT] 
• News Corp. reported a 70 percent drop in quarterly profits. [LAT, B&C]
• Profit dropped by 46 percent at Warner Music during the same period. [PC]
• Sirius XM posted a $236 million quarterly loss and also announced that its number of subscribers declined for the first time ever. [AP]
• Cablevision plans to "explore" a spinoff of Madison Square Garden. [NYT]
• News Corp. chairman Rupert Murdoch says he plans to charge readers to access the online content of his newspapers in the near future. [E&P]
• The new Bob Dylan album is No. 1 on the charts this week. [THR]
• Felix Dennis says The Week is for sale. For just $200 million. [Folio] More

• Carson Daly has two reasons to get wasted today: It's St. Patrick's Day, of course. Plus he and his girlfriend Siri Pinter are new parents, too. [People]
• Jon Stewart's secret weapon in his rumble with Jim Cramer last week? His brother, Larry Leibowitz, is a senior exec at NYSE Euronext. [P6]
• A judge recalled Lindsay Lohan's arrest warrant yesterday after seeing the proof that she hadn't stopped attending a court-ordered alcohol education class after all. Also: She hasn't checked into rehab again despite reports to the contrary. Not yet, at least. [NYDN, OK!]
• Natasha Richardson was hospitalized yesterday and is now in critical condition after a skiing accident in Montreal. [People]More