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.
“Trust your heart if the seas catch fire, live by love though the stars walk backward.” ― E.E. Cummings
PARIS
A raid overnight in the Paris suburb of St. Denis has nabbed seven arrests and two people dead including the wife of the alleged mastermind Abdelhamid Abaaoud, she blew herself up with a suicide vest in a stand-off that ended after six hours. Meanwhile in the states, U.S. Homeland Security’s Intelligence & Analysis directorate in partnership with the FBI and the National Counterterrorism Center in May published a document naming Abdelhamid Abaaoud, following a anti-terrorism raids in Verviers, Belgium in January this year. Elsewhere, two flights from the US to Paris were diverted due to bomb threats, a suspicious package was spotted at O’Hare and four people were removed from a Chicago-bound flight in Maryland after a female passenger became suspicious of one of the men who was watching the news on his phone, trying times. [REUTERS]
SQUARE
Remember that Hall & Oates song “Private Eyes” well this edition is investor eyes and they are closely watching square public coming out party as it’s IPO pricing to be released later today. Square, which was founded in 2009 as a mobile credit card processor for small biz merchants and dubbed a unicorn tech company, derives 95% of its revenue from payment processing and point-of-sale transactions it executes for customers. It will reportedly sell 27 million shares for $11 to $13 each and seeking a valuation of as much as $4.2 billion which is 30% less than in a private fundraising round a year ago.It will debut on NYSE Thursday. [BLOOMBERG]
SNIPPETS
Jindal out! and then there was 14…ConAgra which is moving its HQ to Chicago and recently sold its private-label unit to TreeHouse Foods Inc is splitting into two public companies in a tax-free spinoff expected to be completed in the fall of 2016…Nigerian President Muhammadu Buhari who took office in March and vowed to fight against corruption that’s plagued the country, has ordered the arrest of former national security adviser Sambo Dasuki, who is accused of stealing over $2 billion intended to fund the fight against the Islamist extremist group Boko Haram.
ENTERTAINMENT
David Beckham has been named People magazine’s Sexiest Man Alive 2015, the husband and father of four join past honorees including George Clooney, Ryan Reynolds, Chris Hemsworth, Denzel Washington, Matthew McConaughey, Brad Pitt, Johnny Depp, Nick Nolte…Corinne Foxx, USC senior and daughter of Jamie Foxx will be Miss Golden Globes 2016 in an announcement made by the Hollywood Foreign Press Association; Traditionally the honor goes to the son or daughter of an established Hollywood star….Gawker.com is switching it up and will now focus on politics and the 2016 presidential campaign shifting from gossip and culture; within their portfolio of sites, Jezebel will become the primary voice for celebrity and pop culture coverage and some sites will shutter. Speaking of shuttering, men’s mag FHM will shutter across print and digital platforms at the end of the year…Sofia Vergara and Joe Manganiello will reportedly get married this weekend at The Breakers Resort in Palm Beach.
FASHION
Balenciaga’s bow bracelet (say that 3 times) is now protected against copying after obtaining a design patent and any brand seen to be imitating the style will be liable to legal action(*cough Zara, cough F21*)…Gina Warren has been named Lululemon’s new People Guru, the company’s Executive VP, culture & talent.
LOOK OF THE DAY
Sarah Paulson in a Yanina Couture @ Film Benefit gala at MoMA
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