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00:58
Jay-Z Announces Music Festival in Philadelphia
Jay-Z will be headlining and planning a two-day music festival in Philadelphia.
01:11
Cameron Diaz is Outshone By Jennifer Lopez at Film Premiere
Cameron Diaz and Jennifer Lopez competed in the style stakes at the Hollywood premiere of What To Expect When You're Expecting.
01:03
Britney Spears Celebrates X Factor Job While Nicole Scherzinger Shows Simon What He's Missing
It is battle of the beautie,s as Britney celebrates new X Factor job, Nicole Scherzinger show Simon what he's missing out on.
00:42
Cameron Diaz hits red carpet for 'What to Expect When You're Expecting'
Cameron Diaz says breasts got "swampy" while filming in Atlanta
01:15
Latest Celebrity Gossip
John Travolta banned from Peninsula Hotel Spa in Manhattan, The Avengers break record ticket sales, Chris Hemsworth gets a baby girl, Sarah Jessica Parker and Kate Hudson will appear on Glee, Matthew Perry's Go On gets picked up by NBC, all in today's celebrity gossip.
03:05
Right Hand Men
As John Elway and Reggie McKenzie get comfortable in their new offices, PFW has the latest word on the personnel behind the scenes who have earned respect with these AFC West teams.
00:59
Kristen Stewart Gets Support From Robert Pattinson at Snow White After Party
Kristen Stewart gets support from Robert Pattinson at the Snow White and the Huntsman after party.
01:46
Stars talk babies at Snow White premiere
Charlize Theron and Chris Hemsworth talk about parenthood at Snow White world premiere in London.
01:19
Troubled European Banks Set Buffer for Real Estate Crash
Spanish government is asking domestic banks to put aside extra cash to buffer the potential real estate price swings. This time the top five lenders will set aside €15B and this is the second time that the Spanish government demanded so in 3 months. In February, banks were asked to increase their capital buffer requirements by €54B by the end of the year.This further signals the weakness of European financial institutions after one of the largest Spanish banks, Bankia, was effectively taken over by the state at the end of last week. Bankia was formed in 2010 from a merger of 7 small savings banks and was listed on the exchange in summer 2011. It raised €3.3B for the IPO, but since then, real estate prices in Spain continued to fall and there is little indication that prices have bottomed. With a large amount of real estate assets in its portfolio, Bankia's share prices lost 40% compare to IPO up until last week. With the announcement of state takeover, it dropped another 10+% and hit its all time low today at €1.86.
01:02
Will Smith supports Obama's stance on gay marriage.
Will Smith expresses his support for Barack Obama on the issue of same-sex marriage when promoting the new 'Men in Black' movie in Berlin.
01:09
Yahoo CEO Made $8 Million in 4 Months, Now Steps Down Amid Resume-Gate
Yahoo CEO Scott Thompson handed in his resignation letter today. The company is reshuffling its board and the head of global media, Ross Levinsohn, was named the interim CEO.It's hard to say if the investors were more upset about Thompson's original misrepresentation or the way he addressed this matter last week. He told Yahoo employees the reason why his resume was not accurate was because the recruiter who landed him his previous job at eBay wrote it wrong. The information in this false resume was subsequently published as part of his public bio at eBay and stayed with him.Thompson's four months at Yahoo have been lucrative. According to Yahoo's public filing with the SEC, Thompson received a sign-on bonus of $1.5 million in cash and $5.5 million in stock on top of a $1 million salary and other incentive compensations.Send in your comments to our show about this compensation level, or you can tweet me @juliasun_onair. I'm Julia Sun for the Financial News Network. We'll be right back.
00:59
Jessica Alba Confesses Feeling Objectified by Early Career
Jessica Alba tells Marie Claire she felt objectified and uncomfortable as a young actress because people expected her to always appear sexy, and tough.
01:01
Angelina Jolie Buys Brad Pitt $1.5million Helicopter
It's not even his birthday, but Angelina Jolie has reportedly forked over a million dollars to buy Brad Pitt a helicopter and some flying lessons.
01:31
Tanning Mom Patricia Krentcil Speaks Out
Check out this pretty amazing interview with Tanning Mom, Patricia Krentcil, out in New Jersey.
00:50
Lady Gaga's New Meat Dress
Lady Gaga posts a new picture to her Twitter of her in another raw meat dress.
01:31
First Travolta Accuser's Lawyer Drops Sexual Assault Suit
Okorie Okorocha, the lawyer representing John Travolta's accuser, John Doe 1, has dropped the alleged sexual assault suit against the A-list actor.
00:53
Jessica Simpson to Launch Maternity Line
Jessica Simpson may have just given birth to baby Maxwell, but the new mom is already planning on launching a fashionable, affordable maternity line.
01:16
Queen continues to rock into history
The musical "We Will Rock You" celebrates its tenth anniversary.
01:21
Travolta's accuser drops lawsuit, Gaga denied access to Indonesia
The day's top showbiz news and headlines including John Travolta's accuser drops lawsuit, Lady Gaga is refused a permit for her Indonesian concert, and Bret Michaels settles his lawsuit against the Tonys.
01:18
What's In The News: May 14, 2012
This is what's in the news for Monday, May 14, 2012. The Wall Street Journal reports GM's (NYSE:GM) plan to return its troubled European unit to profitability is taking shape as the company heads into its first major showdown with the region's powerful labor unions amid the latest restructuring. The Wall Street Journal also reports Chesapeake Energy Corp. (NYSE:CHK) expects activist investor Carl Icahn to disclose soon that he has taken a significant stake in the troubled natural gas company. Reuters reports Spain's second-largest bank BBVA (BBVA) said today that it would set aside provisions worth about $2.3B to meet new capital requirements demanded by a sector reform. Reuters also reports Facebook (FB) CEO Zuckerberg laid out its growth strategy to investors on Friday, saying that transforming its mobile and advertising experience are top priorities this year. Finally, Bloomberg reports JP Morgan Chase's (NYSE:JPM) chief investment staff in London is at risk of dismissal as a $2B trading loss prompts the first executive departures as soon as this week.
