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Tigre Paws... More Cuts at AOL... Nick Knight and Gareth Pugh's Hot Wheels...

While many firms distance themselves from Tiger Woods, lifestyle brand Le Tigre is taking advantage of the drama.

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MORE CUTS: AOL has finalized plans to eliminate a third of its employee base through voluntary and involuntary layoffs, according to a filing late Tuesday with the Securities and Exchange Commission. The company, which has 7,000 workers, will take on a restructuring charge of up to $200 million, the majority of which is expected to happen through the end of this year, with the remainder incurred through the first half of 2010.

— Amy Wicks

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