Hotness In The News Thursday March 5

Hotness in the News, brought to you by SociaLifeChicago, is your daily intel for quick news stories to keep you up on what’s going on in Chicago and the world.  With sports, celebrity, business, fashion news and our ‘Look of The Day.’ Make small talk, better.

  “It is never too late to do anything in life.” ― Momofuku Ando

CHICAGO NEWS

pharmacyc2_large
Chicago area pharmaceutical company AbbVie will pay $261.25 per share in a cash and stock in a deal worth about $21 billion to buy Pharmacyclics Inc which produces blood cancer therapy treatments. This gives AbbVie access to what is expected to be one of the world’s top-selling cancer drugs and expanding its reach in the profitable oncology field, reports claim. [CHICAGO BUSINESS]

NATIONAL NEWS

source: ny times
source: ny times

New York city Mayor Bill de Blasio announced the addition of two Muslim Holy Days to Public School Calendar making NYC the nation’s first major metropolis to close its public schools in observance of the two most sacred Muslim holy days (Eid al-Fitr and Eid al-Adha). [NY TIMES]

WORLD NEWS

MARK LIPPERT-US AMBASSADOR-SOUTH KOREA-STABBING
source: abc7

U.S ambassador to South Korea, Mark W. Lippert is in stable condition after undergoing surgery that required 80 stitches, for being stabbed by a knife-wielding man (Kim Ki-jong) who was opposed joint American-South Korean military exercises. [NY TIMES]

SPORTS

source: japan times
source: japan times

Russell Westbrook was in beast mode on the court last night as the Oklahoma City Thunders defeated the Philadelphia 76ers 118-123 in overtime. He set career highs with 49 points,16 rebounds and 10 assists for his fourth consecutive triple-double becoming the first player since Michael Jordan(1989) to have four consecutive triple-doubles. Westbrook joins Vince Carter, Alvan Adams and Wilt Chamberlain as those to score at least 45 points, 15 rebounds and 10 assists. [ESPN]

BUSINESS

source: peers.org
source: peers.org


Etsy is going public. In a recent Securities and Exchange Commission filing, the nearly 10-year-old online shop where people sell artsy goods, is seeking to raise $100 million in an initial public offering of its stock. Etsy, valued at more than $600 million back in 2012, plans to make some of the initial shares available to individual purchasers. [LA TIMES]

CELEBRITIES

source: nytimes
source: nytimes


Entertainment mogul David Geffen donated $100 million to Lincoln Center and will now have Avery Fisher Hall, previously named after the Fisher Electronics founder, forever named in his honor. [PAGE SIX]

FASHION

ANDRE IGUODALA-TWICE MENSWEAR STYLE DIRECTOR
Illinois native Andre Iguodala has been named the Men’s Style Director for online secondhand marketplace, Twice. Iguodala will oversee the direction of Twice’s men’s marketplace and have an undisclosed equity stake in the company as compensation for his role. Twice was founded by former Google employees Calvin Young and Noah Ready-Campbell. [WWD]

Luxury e-commerce platform Farfetch after announcing raising its Series E funding to the tune of $86 million, led by DST Global and helped by existing investors Condé Nast International and Vitruvian Partners, is now valued at $1 billion. The new funding will be used to speed international expansion, enable the company to launch same-day delivery in multiple global markets, and develop its VIP and loyalty programs. [VOGUE UK]

LOOK OF THE DAY

• PAULA PATTON
PAULA PATTON-LOTD

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