Cityfile: New York's Most Notable and Influential

• It's official: Will Ferrell is the most overpaid man in show business. [THR]
• Layoffs: BusinessWeek's cuts kicked off today; layoffs now loom at Time Inc. as the company awaits word on how many volunteers will accept buyout packages; and there's a bit more detail on this week's cuts at the AP.
• MSNBC's Joe Scarborough isn't exactly on fire at the moment. [NYO]
• Palinitis: The ex-governor's sit-down with Oprah on Monday generated the talk show queen her highest ratings in two years; Fox News clowns Bill O'Reilly and Sean Hannity are now at war over their respective Palin interviews; and people are still talking about that Palin Newsweek cover, for some reason.
• Vivendi has tossed a last-minute complication into the NBC deal. [NYT]
• Times reporter Jodi Kantor has landed a seven-figure book deal. [NYO]
• Breaking! The Emmys are moving from September to August. [THR]
• CNN's Candy Crowley is speaking out about her weight loss. At last! [LAT]

Happy Birthday | Author/humorist David Sedaris turns 52 today. Jared Leto is 37. CNN's Candy Crowley is 60. AOL chief Randy Falco is 55. Senator Evan Bayh is 53. America's Most Wanted's John Walsh is 63. Chris Daughtry is 29. And record producer (and possible murderer) Phil Spector celebrates his 68th today. Weekend birthdays after the jump. More