Auction house Sotheby’s Dubai has unveiled a diamond that’s literally from out of this world.
Sotheby’s calls the 555.55-carat black diamond — believed to have come from outer space — “The Enigma.” The rare gem was shown off on Monday to journalists as part of a tour in Dubai and Los Angeles before it is due to be auctioned off in February in London.
Sotheby’s expects the diamond to be sold for at least 5 million British pounds ($6.8 million). The auction house plans to accept cryptocurrency as a possible payment as well.
Sophie Stevens, a jewelry specialist at Sotheby’s Dubai, told The Associated Press that the number five bears an importance significance to the diamond, which has 55 facets as well.
“The shape of the diamond is based on the Middle-Eastern palm symbol of the Khamsa, which stands for strength and it stands for protection,” she said. Khamsa in Arabic means five.
“So there’s a nice theme of the number five running throughout the diamond," she added.
Stevens also said the black diamond is likely from outer space.
“With the carbonado diamonds, we believe that they were formed through extraterrestrial origins, with meteorites colliding with the Earth and either forming chemical vapor disposition or indeed coming from the meteorites themselves,” she said.
Black diamonds, also known as carbonado, are extremely rare, and are found naturally only in Brazil and Central Africa. The cosmic origin theory is based on their carbon isotopes and high hydrogen content.
A gender gap persists in most industries, but among the most glaring examples of the disparity can be found in beverage manufacturing ー a business in which men make up roughly 80 percent of executives. In order to close that gap, Constellation Brands ($STZ) has announced it will invest in female-founded beverage companies, beginning with Austin Cocktails and Vivify Beverages.
Times Square is known as the "crossroads of the world," but tell that to Stacey Cunningham. The CEO of the New York Stock Exchange, the first woman to hold the job in the exchange's 226-year history, said it's at the NYSE where capitalism, economics, politics and "the world at large" converge.
These are the headlines you Need 2 Know for Friday, Dec. 6, 2018.
Los Angeles is taking a strong stance against single-use plastic straws: the local City Council is moving forward with its "Plastic Straws on Request" initiative with an ultimate goal to phase them out completely by 2021. "This has been a long time coming," Mitch O'Farrell, Los Angeles city council member, told Cheddar Thursday. "I wish that the city had acted 10, 15 years ago."
At a moment when public trust in media is at a low ebb and cries of "fake news" are rampant, Consumer Reports has managed to retain the trust of its 6 million consumer members ー and the ear of top CEOs.
Graffiti artist to the stars Darrius "Spraykid" Ford isn't seeking out new celebrity clients. Instead, he's leveraging his success to prop up new and emerging artists. The Chicago-based Ford's favorite medium is graffiti, but he said he's always partial to "layering" different materials.
When Bombas co-founder Randy Goldberg learned that socks were the most-requested item in homeless shelters, he became "obsessed" ー and turned his fixation into a company so he could solve the shortage. Goldberg told Cheddar he launched Bombas to manufacture a durable, yet comfortable sock that shelters could use.
Sarah Michelle Gellar wants to slay the baking industry. The actress formerly known as "Buffy the Vampire Slayer" and her two partners are the brains behind Foodstirs, a new organic, non-GMO line of baking products that seek to inject some new life into a stale aisle of the grocery store.
At the very least, consignment brand the RealReal has built a prototype for retail paradise in West Hollywood, Calif., for its new brick-and-mortar location. Cheddar's own Alyssa Julya Smith took a tour of the sprawling store, lined wall-to-wall with luxury handbags, clothing, and accessories.
Neighborhood Goods is modernizing the department store in a neighborhood near you. The retail start-up recently planted its first, 14,000-square-foot, brick-and-mortar location in Plano, Tex., and according to the company's co-founder and CEO, he's eyeing Chicago, Atlanta, D.C., Nashville, or Seattle for his next move.
