Ben Affleck Finally Comes Clean - and Shaves His Beard!

02/26/2013 at 12:40 PM EST Jennifer Garner and Ben Affleck David Livingston/Getty And what did Ben Affleck do after his Argo won Best Picture on Sunday night? He took it all off – his facial hair, that is.A friend of the actor-filmmaker's confirms to PEOPLE that following the Oscars ceremony...

Read More..

Dow, S&P rise as Bernanke defends policy, warns on cuts

NEW YORK (Reuters) - Stocks mostly rose on Tuesday after Federal Reserve Chairman Ben Bernanke defended the Fed's bond-buying stimulus before Congress, but warned forced spending cuts that could be triggered this week represented a headwind for the economy. Gains in homebuilders and other consumer stocks, following strong economic data, kept the S&P 500 nearly unchanged, while a 5...

Read More..

South Korea’s Park Geun-hye Warns North Against Nuclear Pursuits

Park Jin-Hee/Getty ImagesPark Geun-Hye, South Korea's president, salutes during her inauguration ceremony in front of the National Assembly building on Monday in Seoul. SEOUL, South Korea — The country’s new president, Park Geun-hye, was sworn into office on Monday, facing far more complicated fissures both within South Korea and with North Korea than her father did during his Cold War dictatorship,...

Read More..

Jennifer Aniston: The Real Reason I Loved My Oscar Gown

Stylewatch Style News Now 02/25/2013 at 01:10 AM ET Jason Merritt/GettyNeed another reason to love Jennifer Aniston — and her elegant Oscars gown? Just wait until you hear why she picked it: “It fits, it’s comfortable and it’s easy...

Read More..

FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...

Read More..

Wall Street dips on uncertain Italian election

NEW YORK (Reuters) - Stocks edged lower on Monday after fears of a divided parliament in Italy, the euro zone's third-largest economy, rekindled worries about the currency union's stability. The center-right coalition led by former prime minister Silvio Berlusconi was leading in the race for the Italian Senate, dashing hopes of a pro-reform, center-left victory seen as crucial to dig...

Read More..

In Last Sunday Address as Pope, Benedict Says He Will Continue to Serve

Andrew Medichini/Associated PressPope Benedict XVI delivered his final Sunday address from the window of his apartment overlooking St. Peter's Square. VATICAN CITY — In his last Sunday blessing before he retires, Pope Benedict XVI reassured Catholics that he was not abandoning them but would continue to serve the church even in his retirement. Romans, pilgrims and curious tourists filled...

Read More..

You're Invited to PEOPLE.com's Oscars Party!

02/24/2013 at 08:40 AM EST From left: Bradley Cooper, Oscar, Jessica Chastain AFP/Getty; Wireimage; Splash News Online Oscars host Seth MacFarlane isn't the only one gearing up for Hollywood's biggest night – we are too! Be a part of the glamour and excitement Sunday starting at 6 p.m. ET/3...

Read More..

FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...

Read More..

Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large. Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling. Talks on the U.S. budget...

Read More..