Steve Jobs is set to return to Apple on schedule at the end of June, "people familiar with Apple" tell the Wall Street Journal. He might also end up at the company's developer's conference next week, the paper said.

• Versace CEO Giancarlo di Risio is expected to hand in his resignation tomorrow. He's leaving after reportedly clashing with Donatella Versace "over her lavish lifestyle," not surprisingly. [NYT]
• The second season of The City has started filming inside Elle's offices. [WWD]
• Rosa Cha has launched a line of bathing suits that sell for as much as $3,200 apiece. And you can't even get them wet. But that isn't stopping women from buying them, supposedly. [NYP]
• If that bathing suit sounds appealing, you're probably the sort of person who'd also be interested in buying these $340 Hermès cotton boxer shorts for your husband. [FWD]
• Karl Lagerfeld is hitting the big screen. Or his voice is, at least. He'll be playing a villain in an animated French movie. [Fashionista]

The Twitterati tried on new roles: A Salon correspondent got a science fiction lecture from the president; a Wired reporter reviewed an X-Ray and a doctor lamented the lack of strange women.

• The bistro inside Andre Balazs's Standard Hotel will be called the Standard Grill and will probably open its doors "in the next couple of weeks." [Eater]
• A Q&A with Michael Psilakis of Anthos and Kefi fame. [RG]
• Frank Bruni checks in on Sue Torres's Mexican spot Sueños. [NYT]
• Eight bars that provide free food along with the drinks. [TONY]
• For $105, Morimoto will provide you with sushi and sake "while cruising New York Harbor on an 80-foot schooner." Sounds like a blast. [GS]
• Everything you were told about eating healthy was probably wrong. [NYDN]
• Don't forget that tomorrow is National Donut Day! Both Dunkin' Donuts and Krispy Kreme have specials in honor of the grand occasion, naturally. [ML]

Bill Gates might be ready to truly retire: The Microsoft founder reportedly acquired Buffalo Bill Cody's old ranch in Wyoming. We've got picutres, and it looks like the perfect place for riding off into the sunset.

[A Harvard student looks deflated at his graduation ceremony, held today in Cambridge; image via Getty]

In this video, a reporter repeatedly interrupts clergymen, arguing with them about the definition of a "grocery store," and finally gets so mad he storms out of the press conference. He's very earnest! But crazy. [700WLW]

Dr. George Tiller wasn't the first abortion doctor to be murdered by a pro-life jihadist. In 1993, Dr. David Gunn was shot and killed in Florida by Michael Griffin. Who was Griffin's attorney? MSNBC morning host (and Starbucks lover) Joe Scarborough!

It just keeps getting better/worse. On the heels of our introduction to the kids of NYC Prep, Bravo's new real-life Gossip Girl series, an in-person preview was held at the Paley Center. Erstwhile Gawker editor Joshua David Stein was there.

Have you seen those bus posters featuring a scantily clad Lydia Hearst? The ads are promoting an indie movie called The Last International Playboy and while the stick-thin socialite only has a minor role in the movie—she strips and gets hot and heavy with a guy and a girl in the opening scene—she's front and center in the press campaign, not surprisingly. Tragically, though, the oft-nude publishing heiress reports she's been the victim of censorship! Although the ads appear on NYC buses, they've been banned in Seattle, Chicago and Dallas, she says. Guess we have a different tolerance level when it comes to these things! [NYO]

Did you know that any bar worth drinking in is now a speakeasy that would never tell the likes of you its secret location? If you didn't already know, then how do you ever expect to get into one?

Lehman Bros.' former CEO Dick Fuld was having trouble selling his Upper East party palace with a $32 million asking price so he took it off the market. Now someone's offering $27 million and he's thinking it over. [NYP viaCityfile]

So, a young black man is murdered on the Harvard campus by another young black man; a black female Harvard student is kicked off campus as a result, and charges racism. Can you spot the elephant in this Ivy room?

Silicon Valley businessmen fancy themselves unflinching hard-core capitalists. Yet they hate to compete for workers — and the New York Times found an email to prove it.

The SEC filed filed civil charges this afternoon against former Countrywide chief Angelo Mozilo and two other former executives at the company. The three stand accused of committing fraud by misleading investors; Mozilo also faces insider trading charges for selling Countrywide stock based on nonpublic information and collecting around $140 million in the process. His status as the most overly tanned CEO in American corporate history? That remains undisputed. [WSJ, NYT]

Royal Pains follows a talented physician who escapes to the Hamptons after losing his career fighting for a patient and, once there, becomes the town's tony and most sought after on-call doc. Get more on this beach-side fish-out-of-water story at royalpains.usanetwork.com.

Young tomcat scenster Liam McMullan (son of photographer Patrick) is officially off the party market. Well, at least where romance is concerned. The little lad (he's 21) is engaged to his girlfriend Aesha Waks after a month-long courtship.

For a hot minute last year, funny internet videos of idiots smoking salvia were the thing. Then smokin' Smarties came along, and the appeal of salvia faded. But now it's back! This is just what America's funemployed citizens need:

Michael Wolff has a habit of surreptitiously offering meta-commentary on his own untidy life via his Newser columns. Today's headline: "Here's Why I Like Silvio Berlusconi." At this point we have to assume he's just fucking with us.

Robert Jaffe was one of Bernie Madoff's most prominent fundraisers. Shuttling between Boston and Palm Beach, the well-coiffed, car-collecting financier with a weakness for $5,000 suits was responsible for raising countless millions over the years, funds he funneled into Madoff's $65 billion scheme. Jaffe is currently facing multiple lawsuits, and investigations by multiple state and federal agencies are still pending. He's also been almost entirely rejected by the people he once called his friends and clients: Back in December, for example, he nearly took a beating when he turned up at a party and came face to face with Nine West founder Jerome Fisher, who lost $150 million to Madoff's scheme. But while Jaffe faded from sight soon after and retreated to his $17 million mansion—and even had to sacrifice his weekly manicures because he was reportedly "too embarrassed to show his face"—he's back!