Hotness in the News by SociaLifeChicago is your daily intel for the morning’s hot news topics to get your day started. Make small talk, better.
“Prosperity is only an instrument to be used, not a deity to be worshipped.” ― Calvin Coolidge
DUPONT ❤️ DOW
• Saving the best for last? A year that has seen blockbuster Mergers & Acquisitions (M&A) in different industries and some flubs, will close with chemical giants Dow Chemical Co. and DuPont Co. merging in a plan to create three new highly-focused businesses; the largest ever in the chemicals industry. [BLOOMBERG]
DANIEL HOLTZCLAW
• The serial rapist and former Oklahoma police officer was convicted of rape yesterday; the case garnered headlines because of the all white jury in a case that involved all african american victims. “During traffic stops and interrogations, in the back of his police car or in their own homes, he used the threat of arrest to force women to submit to sexual assault and rape. Many of his victims had criminal records or histories of drug use; most lived in the low-income neighborhood where he patrolled. All 13 of them the youngest victim at 17 years old, were African American.” Though he was charged with 36 counts, he was convicted of 18 of those crimes arising from the assaults of eight of the 13 women with a recommended sentence of 263 years in jail; he turned 29 on Thursday.
SNIPPETS
• Yahoo CEO Marissa Mayer and husband welcomed twins yesterday morning…Warren Buffet is investing in Edward Lampert’s Sears’ real estate investment trust, Seritage Growth Properties, snapping up two million shares worth 8% of the company which owns 224 stores leased to Sears or Kmart, could this be the turnaround for the ailing company?..The Chicago Tribune will stop print publication of Printers Row Journal at the end of the year but continue as a digital-only product with December 27 being the last print publication according to Robert Feder….Sweet Leaf Tea Company is recalling 1.5 million iced teas bottles over possible glass fragments…Several states have passed laws that would designate all drivers of transportation network companies such as Uber, as independent contractors.
ENTERTAINMENT
• Rihanna’s Diamond Ball, a fundraiser for the Clara Lionel Foundation named after her grandparents Clara and Lionel Braithwaite, took placein Los Angeles last night…Golfer Rory McIlroy who made headlines last year for canceling his wedding to tennis player Caroline Wozniacki, three days after sending out the wedding invitations, is reportedly engaged to Erica Stoll…Do you suffer from ‘Resting Kanye Face’ A Goodwill store, in an attempt to seem relatable to employees in a memo, made the correlation, telling employees that channeling Kanye West’s ‘resting face’ makes them look unapproachable, ha!
FASHION
•Designer Thakoon Panichgul following the announcement that his brand was would receive investment from Hong Kong-based Chou family investment firm, Bright Fame Fashion, is setting out to innovate and build the Thakoon brand internationally with an approach that will see the brand embrace a “see-now, buy-now, wear-now approach, with a focus on e-commerce.”…L.A’s Kitson is shutting down all 17 of its stores and website…Makeup artist and creative director Pat McGrath gathered fashion elite in Brooklyn at Kellogg’s diner last night to celebrate launch of her second Pat McGrath labs limited-edition color cosmetics collection #Phantom002 an 8 piece kit which is about a club kid/couture clash. #PatsDiner
LOOK OF THE DAY
• Zendaya in Rosie Assoulin @ Diamond Ball
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