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Abbey Lee Is Milan’s Top Model

With runway regulars missing in action, Milan proved to be a battleground for the new crop of girls.

By James Lim

Torso Tattoos

The biggest trend emerging from the Milan men's shows? Chest ink.

Spanish Hottie Jon Kortajarena Nabs 200 Pages in ‘L'Officiel Hommes’

Looking for something to read, ladies? The title L'Officiel Hommes might scare you, but the luscious Jon Kortajarena on the cover won't. The magazine devoted 200 pages to the Bilbao native in their spring/summer 2008 issue. The 22-year-old appeared in the past two Guess campaigns and in recent Tom Ford eyewear, Trussardi, and Etro ads. But our favorite Kortajarena ad is this commercial for sugar-free Fanta. (Yes, we'll even drink orange soda for him.) In sum, this guy is officially buzzy, and our office is officially no longer cold.

Richard Arens Is Having His Moment

FINANCE • Trader Richard Arens, who runs a brokerage named ABS, made a vanity trade in order to push oil past the $100/barrel milestone. We're sure the girls at the bar will be real impressed. [MarketBeat/WSJ] • Citigroup will likely start laying off between 5 and 10 percent of its workforce next week, cutting as many as 32,000 jobs. Merrill Lynch plans to cut around 1,600. [CNBC] • Former E*Trade CEO Mitch Caplan, who helped load the company with the subprime loans, made off with a $11 million golden parachute. Compare that with former H&R Block chief Mark Ernst, responsible for his own big subprime losses, who took home a paltry $2.5 million. [Deal Journal/WSJ, DealBook/NYT]