The new mom emerges to hit the shops in Malibu. Plus: Kevin Federline, Tom & Katie and more

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MAN OF THE HOUR

Julia Roberts gets a close-up with George Clooney at the 21st Annual American Cinematheque Award Gala in Beverly Hills on Friday, where the actress honored her friend and Ocean's Eleven costar. "It really doesn't get much better than this," an elated Clooney told PEOPLE backstage.