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 some celebrity and fashion news and our ‘Look of The Day.’ Skip the small talk and have something substantial to say.
A group like ISIL has no place in the 21st century- President Barack Obama following confirmation that the beheading video of photo-journalist James Foley was authentic.
CHICAGO NEWS
• All eyes will be on Jackie Robinson West little league team today. Not only have they advanced, tonight’s game they will face current Sports Illustrated covergirl Mo’ne Davis of Philadelphia Taney Dragons, It will be an elimination game for both teams, who will compete to face Las Vegas in the U.S. Championship game. [ABC 7]
NATIONAL NEWS
• One was on the brink of death but it seems an experimental Ebola virus drug used to treat Dr. Kent Brantly and Nancy Writebol has proven successful as he is set to be discharged from Emory Hospital. ZMapp, the drug produced by Mapp Biopharmaceutical, supply has been exhausted. [CHICAGO TRIBUNE]
• Bank of America will pay $16.65 billion in settlement with U.S. regulators on settle charges that it misled investors into buying troubled mortgage-backed securities. They were ordered by DOJ to “pay a $9.65 billion cash penalty, and provide about $7 billion of relief to struggling borrowers.” [REUTERS]
WORLD NEWS
• “Homo sapiens living in the Benidorm area were the first recorded group to include snails in their diet, some 30,000 years ago” according to a news report from bbd. Large and concentrated amounts of snail shells were found by archeologists in Cova de la Barriada. [BBC]
SPORTS
• Braxton Miller, quarterback of The Ohio State Buckeyes, is out for the season due to a shoulder injury which will mean coach Urban Meyer will have to prepare to start redshirt freshman J.T. Barrett. Clemson star running back Zac Brooks is out for the season after suffering a severe foot injury at practice. Jason Bitsko who was the starting center for Kent State died in his sleep and a cause of death is undetermined. [USA TODAY SPORTS]
BUSINESS
• The Family Dollar/Dollar General/Dollar Tree saga wages on. Howard Levine, CEO of Family Dollar which accepted offer from Dollar General is now being accused of serving his own self interest in the deal. Dollar General CEO Rick Dreiling also accused Mr. Levine of not stating there was urgency to the deal, “Had we left the meeting with the belief that a sale of Family Dollar was imminent, we assure you that our course of action would have been different.” It boils down to this, “Levine would remain CEO of Family Dollar if the company is bought by Dollar Tree, but is expected to lose his job if Dollar General buys Family Dollar.” [REUTERS]
• Goldman Sachs junior analysts are set to receive a 20% increase in pay. The lowest on the totem pole” in ranking at the venerable money firm will make $85,000, The raises will apply to employees in all divisions with the title of analyst, typically recent college graduates. They join JP Morgan Chase, Morgan Stanley, Citigroup and Bank of America who have been mandated to improve working conditions for junior staffers. [BLOOMBERG]
CELEBRITIES
• Nicki Minaj released the highly anticipated video to her song “Anaconda” and in less that 24 hours it ‘s garnered over 20 million views. It’s a must watch [YOUTUBE]
• In the words of Michelle Tanner, “cut it out” thats how you could describe Kim Kardashian’s outfit to a beauty event at the new Violet Grey store to celebrate Artist In Residence Donald Robertson.
• Mariah Carey is probably going to announce a divorce from Nick Cannon any day/week/instagram post now, so claims reports from Page Six. [PAGE SIX]
FASHION
• Hoffman Estates based Sears reported Q2 loss CEO Edward Lampert termed the second-quarter earnings “unacceptable,” and said the company will cut costs, improve pricing and promotions and invest in the hop Your Way and Integrated Retail customer initiatives. Net loss for the 3 month period totaled $573 million or $5.39 per share, wider than the loss of $194 million or $1.83 per share a year earlier.[RTTNEWS]
LOOK OF THE DAY
Serena Williams teaching David Letterman to tennis.
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