Headline Roundup: Slim Down Edition

As critics lob "absurd" accusations, the Obama Administration tries to fight back and stay on message. [WaPo]

Designer Narciso Rodriguez reinvents himself with lower price points and a partnership with eBay. [WSJ]

Blockbuster will close one in five retail stores, facing mail-order and digital competition. [Times of London]

Hormel's Jennie-O brand is heavily featured on The Biggest Loser. [BrandWeek]

To keep anxious advertisers happy, Cablevision borrows popups and banner ads from its online competitors and adapts them for cable. [WSJ]

(More headlines: Cadbury, "Buy American," Serena Williams.)

Cadbury shares fall as chief fails to provide shareholders with details of the company's defense against Kraft. [Times of London]

"Buy American" provisions hurt businesses dependent on Canada for parts and sales [WSJ]

Controversial US community group ACORN, Obama's ex-employer, struggles to maintain funding, image amid undercover video expose. [WSJ]

Experts speculate that Serena Willams will ride out her foot-fault controversy without any harm to her sponsorship contracts. (A fruit basket just arrived at Kanye West's home.) [AdAge]

Macaroni Grill attempts to cut the fat from its image and menu. [WSJ]