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Chaos Among the Claymates

The legendarily defensive fans of the pop singer have no idea what to do with the information that their hero is officially gay.

By Chris Rovzar

Stevie Cohen Could End Up in a Pickle

No, not in the Damian Hirst sense, though that would be amazing: The art-loving SAC Capital Management CEO could have some problems with the SEC if he's not careful. Plus! An ex–Bear CEO jumps ship at JPMorgan, Natalie Portman's apartment goes on the block, and Condé Nast has a green issue, in our daily rundown of industry news.

JPMorgan Will Take On Half of Bear Stearns Staff

Or you could say JPMorgan will FIRE half of Bear Stearns staff. It's all how you look at it, really. Plus! The GM building may have a new owner, 'People' people get a hairy new deadline, and a lawyer's advice for tax dodgers in our daily roundup of industry news.

The Babies of Jennifer Lopez Are Upon Us!

Finally, People has released the first baby photos of J.Lo and Marc Anthony's infant children, Max and Emme. Aren't they cute? And don't they look just like … dad?

Mother, Baby Cover Blitz Continues With Luca Gadjus

Thanks to People magazine, celebrity mothers have been cashing in their newborns like whoa. Christina, Nicole, and La Lopez have basically left the delivery room and headed straight for the photo studio, earning a nice chunk of change doing so. Never one to be left out, high fashion’s caught onto the trend.