Rumors on Wall Street include Saks supposedly looking into selling itself and Sony considering spinning off its music and entertainment division.

Speaking of rumors, how about this one: Kelly Clarkson returning to “American Idol” as a judge!

Ke$Ha is facing a backlash from the Parent Television Council (PTC) after footage of her drinking her own urine was shown on MTV on Tuesday.

The daughter of Bruce Willis and Demi Moore, Rumer Willis, has landed a role on the TV teen drama “Pretty Little Liars.”

R&B star Chris Brown suffered more car trouble on Tuesday when he accidentally hit another motorist while driving through Beverly Hills with his on-again girlfriend Karrueche Tran.

Blake Shelton is planning a benefit concert to help the victims of the Oklahoma tornado. Toby Keith is planning another one, as his sister’s house was in the path of that giant twister.

Brad Pitt says he is unable to remember people’s faces due to a rare medical condition.

CBS remains as the #1 TV network in the 18-49 category. Has been 10 of the past 11 years.

Ellen DeGeneres organized her own “Friends” reunion. On Wednesday’s show, she rounded up Matthew Perry, Jennifer Aniston and Courteney Cox.

Paul Allen’s next album is coming out August 6th. The Microsoft co-founder’s band is called The Underthinkers and he gets a little help from his friends… with Chrissie Hynde, Joe Walsh, and Anne and Nancy Wilson of Heart helping out on some songs.

The art collection that President Kennedy visited just hours before his assassination has been re-assembled in Dallas, as part of the 50th anniversary observation.

Lil Wayne’s record label has signed Paris Hilton to a recording deal. A new CD is on the way.

Jose Canseco is under investigation in Las Vegas after a woman filed a report accusing the former MLB star of sexual assault.

Eva Longoria has graduated with a Master’s Degree in Chicano Studies from Cal State University.

Netflix will post the new “Arrested Development” episodes at 12:01 Pacific time Sunday morning.

Little-known American history — George Washington had lots of hound dogs, including two named Drunkard and Sweet Lips.

In England, there’s an 18-year-old college student who looks like TAYLOR SWIFT . . . and works part-time as a Taylor Swift IMPERSONATOR.  But last week, one of her female classmates BEAT HER UP . . . possibly because she was jealous of how she resembled Taylor Swift.  There’s no word on whether she’s been arrested. 

In Japan, McDonald’s just unveiled one of its highest-calorie item EVER . . . which is basically a BUCKET OF FRIES.  It’s called the Mega Potato, and it’s about three-quarters of a POUND of French fries, or about twice the size of the standard large fries.  It’s 1,142 calories and costs $5. 

This is straight out of “Breaking Bad”.  On Tuesday, a 57-year-old middle school tutor in Massachusetts was arrested after he had METH shipped to him at the school.  And yes, the guy has cancer and is currently getting chemo.  He’s facing several drug trafficking charges.

In North Carolina, a 37-year-old woman just had her son ARRESTED for eating her Pop-Tarts.  On Monday, she called the cops because he ate her Pop-Tarts without asking.  He was arrested for one misdemeanor count of larceny, which will be handled in juvenile court.

A guy was running from the cops in Missouri, and hid in a random building . . . that turned out to be the police headquarters.