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• Though they announced their separation on Friday, Russell Simmons claims that things are rather cozy between him and Kimora, and there's still a chance for reconciliation. But don't tell that to Denise Vasi, the 23-year-old who's been dating Russell. [Lowdown]
• Howard Stern warns Katie that should she go to CBS, ratings will drop and CBS will find a way not to pay her. Then what? We can't see her legs on satellite radio. [Page Six]
• Nicole Kidman is rumored to have had her 11-year marriage to bouncy psycopath Tom Cruise annulled so that she can marry Keith Urban in a Catholic ceremony. Cue flack denials. [Scoop]
• For the public opening of his company, Diddy misses the bell at the NYSE. Can't expect a playa to get up before 12, yo. [Page Six]
• Now that he's off of cocaine, actor Kiefer Sutherland has redirected his focus towards cooking. Since he loved the ritual of preparing his stash for consumption, he now gets off on the crushing and cutting garlic cloves. [R&M (2nd item)]