The Horrible Bosses trailer is finally out ... and after watching, it was definitely worth the wait!

Jennifer Aniston and Kevin Spacey play mean-spirited bosses who are being targeted by their unhappy employees. Rounding out the awesome cast ... a barely recognizable Colin Farrell, Jason Bateman, Modern Family's Julie Bowen and Jamie Foxx.

Horrible Bosses hits theaters July 8.

See a behind-the-scenes shot of a balding Colin Farrell ... after the jump.

Taylor Armstrong's rep has confirmed to X17online that she is not divorcing her husband, as our reporters suspected.

An online report Wednesday claimed that the star of Bravo's The Real Housewives of Beverly Hills and her husband of seven years, Russell Armstrong, had "secretly split."

But an X17online reporter spotted Taylor and Russell out to dinner together at Tra De Noi in Malibu on Friday, and that the two seemed happy and affectionate.

Russell had his arm around Taylor and was rubbing her back, and the two conversed like a normal husband and wife. The couple was joined by their daughter Kennedy, 5, who Russell played with outside the restaurant.

Taylor and Russell's relationship was a major storyline on the first season of Beverly Hills, which finished airing earlier this year. Taylor often spoke about being unhappy in their marriage, but the two seem to still be working at it!

Eduardo Cruz is currently in Miami with his sexy girlfriend and Desperate Housewives' actress Eva Longoria, but he's spending the day solo.

Penelope Cruz's younger 24-year-old bro seems to be letting it all hang out while enjoying some water sports with the guys. For being so young, we'd expect him to be a little more ripped. Well, there's still time before summer to get in shape!

See Eduardo taking a ride on his jet ski ... after the jump.

Michael Rozman/Warner Bros

Taylor Swift appears on Ellen Wednesday, and the country star has some blunt words for her fellow superstars.

Ellen asked Swift about what it's like to live her private life in the public eye. Swift has had many break-ups make headlines (Nick Jonas, Jake Gyllenhaal), but she says that's the price of being a star -- and it's a price she's willing to pay.

"I think it's just obnoxious if I complain about anything ... I hear people talk about like, oh, the intrusions on my privacy ... there are a million other jobs you could have had. And for me, I've just come to an acceptance of the fact -- this is my life. If somebody wants to hide a relationship or has privacy issues then we don't have the same viewpoint. For me, it's just like -- live your life. If people happen to take picture then you know, you laugh about it in the car afterwards.

Are you listening, Kristen Stewart?

See who Swift's latest rumored beau is after the jump.

Want to get a glimpse of the world through the eyes of The Black Eyed Peas? The group's music video for their latest single "Don't Stop the Party," hit the web Wednesday, and it gives fans an insider look of their life on the road.

The video is composed of concert clips and of their personal and studio footage. Whether they are on the stage or off, the Peas are always living in the moment and enjoying themselves.

"Don't Stop" is the third single off their album The Beginning, which was produced by DJ Ammo and will.i.am. Find out what Fergie recently told MTV News about the mind-boggling way this album was created ... after the jump!

Looks like Charlie Sheen and Brooke Mueller's twin boys Bob and Max are in good hands while spending time with Brooke's mom and dad. The adorable tots are having so much fun!

In other kid-related news, Charlie and his ex Denise Richards have been in negotiations over custody of his daughters Sam and Lola. Mr. Sheen reportedly wants to have the little girls on weekends, but Mrs. Richards isn't giving up the girls that easily. The drama continues.

See grandpa giving one of the boys a lift ... after the jump.

Despite OK Magazine's headline claiming Katie Holmes is pregnant, her rep tells X17online, "She is NOT pregnant."

As for OK's story, a supposed "friend" of Tom Cruise's wifey told the mag, “She said she’s finally past the morning sickness phase. She was talking a mile a minute. She’s so excited.”

X17online recently posted photos of Katie sporting what looked like a possible baby bump, but turns out not to be the case.

Looks like Suri remains the only child ... for now.

Arnold is back. Even though he just announced his separation from wife Maria Shriver on Monday, the governator seems in good spirits -- he delivered his famous Terminator line for our photogs: "Hasta la vista!" Check it out in our video!

Since leaving his governor post, Schwarzenegger has wasted no time in getting his movie career going again, and is now revamping his personal life.

Schwarzengger and Shriver, married for 25 years and together for 34, have reportedly been growing apart for years. Schwarzenegger, 63, has been accused of cheating on Shriver, 55, in the past. On Tuesday our cameras caught him giving an awkward kiss to a female friend.

Still, the politically minded couple has put on a brave face, saying that they still care for each other.

See pics of Arnold after the jump!