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.

QUOTE

CHICAGO NEWS

• Chicago northern suburb, Bannockburns mayor has resigned amidst reports of inapprorpiate contact. Chicago Tribune reports “The mayor of north suburban Bannockburn has abruptly resigned after two people told police that he had inappropriate contact with them when they worked for him at a Wilmette hardware store in the 1990s as teenagers. 36-year-old James Barkemeyer told authorities in May that from 1991 to 1995 a local business owner committed inappropriate sexual acts against him while he was an employee [CHICAGO TRIBUNE]

NATIONAL NEWS

• Murder Suicide has left 4 dead reports Washington Post. [WASHINGTON POST]

WORLD NEWS

• Ukraine has captured 10 Russian soldiers ahead of peace talks with President Vladimir Putin in Minsk. [NYTIMES]

SPORTS

• USC senior cornerback Josh Shaw suffered injury off the field for doing a good deed. “Shaw was at a family event, standing on a second-floor balcony, when he saw his 7-year-old nephew fall into the pool. The boy can’t swim, so Shaw leaped from the second floor balcony down to the concrete below.
The fall sprained both of Shaw’s ankles, but he was able to crawl into the pool, swim his nephew to the ladder, then climb up.” [USA TODAY]

BUSINESS

• The Oracle is lending a hand, a few millions worth. Warren Buffet is reportedly helping to fianance the Burger King aquisition of Tim Hortons according to Wall STreet Journal. “Buffett will invest in the merger in the form of preferred shares.” The deal in cash and stock will create the third-largest quick service restaurant group with sales of about $23 billion, and Tim Hortons shareholders will receive C$65.50 in cash and 0.8025 shares of the new company for every share they own. Warren Buffet’s alliance with the deal puts him in the spotlight debate over American companies moving their headquarters to lower tax countries[WSJ]

CELEBRITIES

• The 66th Emmys hosted by Northwestern University alum Seth Meyers took place last night and Breaking Bad cleaned house. Winners included: Allison Janney, Kathy Bates, Bryan Cranston, Stephen Colbert show, Julianna Margulies, Louis CK. Billy Crystal’s poignant tribute to Robin WilliamsFull list of winners and highlights
True Detective director Cary Joji Fukunaga became a thing with his man braids. Weird Al had a singing medley. [EMMYS]

FASHION

• Proenza Schoular-Vuitton? According to recent report from fashion bible WWD, the fashion powerhouse LVMH is in talks to acquire a stake in Proenza Schouler founded by Jack McCullough and Lazaro Hernandez in 2002. “Discussions are focusing on the purchase of a 40 per cent stake in the brand” If completed, this will follow their investments in young fashion designers (J.W Anderson, Nicholas Kirkwood). [WWD]

LOOK OF THE DAY

• Lizzy Kaplan

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