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Brad Pitt thought his luggage felt a little light when he left Italy last summer.

In town to do some good and herald the premiere of his new film, Burn After Reading, the actor was unexpectedly presented Wednesday with the Best Actor trophy he won last year for The Assassination of Jesse James by the Coward Robert Ford during the opening ceremony of the 65th Venice International Film Festival.

"You can run but you can't hide," Pitt said, accepting the engraved gold cup from the mistress of ceremonies, who also congratulated him on the twin additions to his family.

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Las Vegas Metropolitan Police Department

UPDATE: Knight was set to be released late Wednesday after posting $19,000 bail. He's due to appear Sept. 26 in Las Vegas Justice Court .
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Marion "Suge" Knight's life is a broken record at this point. Make that a series of bad raps.

The deposed Death Row Records kingpin was arrested early this morning in Las Vegas on drug and assault charges after allegedly beating up his girlfriend and threatening her with a knife.

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Saturday Night Live is looking to make a splash this season.

The aging sketch series has tapped Olympic golden boy Michael Phelps to host its 34th-season premiere Sept. 13 on NBC, which probably wouldn't mind basking in the glow from its history-making coverage of the Beijing Games a little longer.

Aside from all the commercials and inevitable talk-show spots, this will be the first "acting" role for Phelps, whose world-record-smashing, eight-gold-medal-winning performance at the Summer Olympics made him the poster boy of U.S. swimming for generations to come and won him the hearts of millions of admiring fans.

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Mackenzie Phillips is seriously going to need to take it One Day at a Time after her latest run-in with the law.

The 48-year-old former TV star, whose role on the hit CBS sitcom was derailed in the early '80s due to a nasty drug habit, was collared this morning at Los Angeles International Airport after allegedly trying to bring heroin and cocaine aboard an airliner.

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Samantha Ronson may be spending most of her time making headlines with a Razzie winner, but soon she's going to be spending at least one night with the possessor of a more prestigious piece of hardware.

The celebrity spinner has been tapped to get the VIP crowd primed for Oscar winner Julia Roberts and the Dave Matthews Band, who will be taking the stage Sept. 10 at Madison Square Garden as part of the Stand Up for a Cure's 2008 concert series.

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Tim Gunn is out talking to everyone today—well, except us (what’s up with that, Tim?)—and he’s got plenty to say.

Let's start with Us Weekly: Tim likes Michelle Obama’s fashion choices over Cindy McCain’s. "She epitomizes class and American style. She looks approachable." Meanwhile, Cindy, "with her button-down suits and blouses—looks like she's duct-taped."

All right, now it’s People’s turn. Apparently, he disapproves of Katie Holmes’ pegged jeans. “I have to say, Katie Holmes has become so much more sophisticated in so many ways, but I think she’s in a dip right now. I can’t explain it.” We can explain it—it's an acquired taste, and after a slow gossip month, Katie's jeans are pretty exciting.

And what does he think about a certain Disney Channel star? You gotta jump first...

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