Zucker also squashed rumors General Electric Co. — owner of NBC Universal — will sell off the division after the Olympics. "We are not for sale," he said, noting the 18 months following the Olympics should be profitable, considering the presidential election and Super Bowl returning to the network in 2009.
— Amy Wicks
START THEM YOUNG: Teenagers, specifically her own, make Vera Wang feel like an unfashionable mother. Her daughters often reject mom's idea of what looks good on store racks. "I have high anxiety from having two teenagers who tell me I have no taste," she said at Teen Vogue's Fashion U. event on Saturday. "I love them, and even though they insult me, and make fun of me, it is what it is." Luckily, the teenagers at the three-day Teen Vogue event were more forgiving — more than 500 budding fashionistas hung on every word of advice from Wang and other participants, including Tommy Hilfiger, Jill Stuart, Erin Fetherston, Phillip Lim, Rebecca Taylor and Cynthia Rowley. Of the group, about a hundred were return attendees from last year's inaugural program, many wearing their own designs and even passing out business cards and resumes to fashion's top brass. While ambition is key to success, Wang told the youngsters not to go at it alone too early during a Q&A session moderated by Teen Vogue editor in chief Amy Astley. "Get a job!" Wang said, repeating the words her father told her when she wanted him to pay for design school. "When you get a job, you are getting paid to learn." Wang spent 16 years at Vogue and then a couple of years as design director at Ralph Lauren before launching her own bridal line in 1990.
— Stephanie D. Smith