Cecil Chao, a Hong Kong property and shipping magnate, announced he would offer HK$500 million (about $65 million) to any man who can successfully woo his lesbian daughter. According to the South China Morning Post, Mr. Chao publicly announced the HK$500 million reward after reports emerged that his 33-year-old daughter, Gigi Chao, had married her female partner of seven years, Sean Eav, in France earlier this year.

Coca-cola is adding another product in the U.S. which gives fruity flavors in just a few drops. Coca-Cola’s DASANI, America’s No. 1 favorite water brand, offers a new twist for your drinking water, it is called, the Dasani Drops.

Victims of Hurricane Isaac will be receiving support as Western Union Company announces a series of disaster relief assistance today. The Western Union Company will be setting up a no-fee payment contribution account in the U.S. where the American Red Cross will benefit. U.S. donors can help by contributing the relief effort up to USD$5,000 directed to the account by making a no-fee Payments transaction at retail Western Union Agent locations through the month of September.

(September 3, 2012) OLD NAVY T-SHIRT MISTAKE (AGAIN) – HOUSTON TEXANS WON THE 1961 AFC CHAMPS?…Old Navy will be pulling items from its stores and website after an embarrassing t-shirt mistake claiming that the Houston Texans won the 1961 AFC title. It was a very huge mistake for the company because AFC did not exist at that time, it should be the AFL title. The Houston Texans did not win the 1961 AFC Championship, it should be the Houston Oilers. Houston Texans did not even exist at that time.

VICTORIA’S SECRET LAWSUIT – VICTORIA’S SECRET ACCUSED OF SELLING “KNOCKOFFS” BY ITS FORMER HOSIERY SUPPLIER. Victoria’s Secret Stores, Inc. and its parent company Limited Brands, Inc. have been accused of breaching a 2001 agreement, and deliberately selling cheaper “knockoffs” to unsuspecting consumers, in a fifteen million dollar lawsuit filed by one of the retail chain’s former major hosiery suppliers.

The U.S. Equal Employment Opportunity Commission (EEOC) is suing Grand Prairie Burger King operated by local franchisee Fries Restaurant Management on behalf of a Texas teenager who was fired for wearing a skirt to work. According to reports, Ashanti McShan, 17, a Pentecostal of Christian faith, was hired as a Cashier by the fast food giant.

Forbes most powerful women 2012 list. Forbes has announced its list of the World’s 100 Most Powerful Women of 2012. German Chancellor Angela Merkel tops the ranking for the second year in a row, followed by the US secretary of state, Hillary Clinton, and Brazilian President Dilma Rousseff at No. 3. Newcomers in the list includes entertainer Jennifer Lopez…

World News. A women-only city is set to be built in Saudi Arabia to allow career minded females to work in an environment fit with the Gulf Kingdom’s strict Sharia law.

Anti-outsourcing bill fails in Senate – By a vote of 56-42, the US Senate rejected a bill in the US Congress that would have discouraged outsourcing, an $11 billion business in the Philippines. According to reports, the US Senate rejected Obama administration’s “Bring Jobs Home Act” which would have eliminated tax breaks for companies that ship jobs to other countries, and could encourage firms by giving a 20% tax deduction on costs associated with closing outsourced operations and transferring jobs to the US.

WORLD’S LARGEST MCDONALD’S: McDonald’s will be having its largest restaurant in the planet for one big event, that is the London 2012 Olympics and when they say big it is really BIG as the restaurant is equivalent to about half the length of a standard football field.

CAR OF THE YEAR: HYUNDAI ELANTRA AND LAND ROVER RANGE ROVER EVOQUE WIN TOP AWARDS AT THE 2012 NORTH AMERICAN INTERNATIONAL AUTO SHOW…The Hyundai Elantra has been named the 2012 North American Car of The Year while the Range Rover Evoque won the 2012 North American Truck of the Year award. The awards was announced at the North American International Auto Show in Detroit, Monday, Jan. 9, 2012. Andy Goss said he is honored that the Land Rover Range Rover Evoque

Toyota recall involves 550,000 vehicles worldwide to replace the crankshaft pulley on the V6 engine.In the U.S., 283,200 Toyota and 137,000 Lexus vehicles are affected by the new Toyota recall. The new Toyota recall also affects vehicles in Japan, Australia, New Zealand, Europe, Middle East, and in Asia.

99 CENTS ONLY STORES TO BE ACQUIRED FOR $1.6 BILLION: 99 Cents Only Stores today announced that it has entered into a definitive agreement to be acquired for $22.00 per share in cash, in a transaction with a total equity value of approximately $1.6 billion. 99 Cents Only Stores said in a statement that the per share price represents a premium of 32% to 99 Cents Only Stores’ closing share price on March 10, 2011