“Earth is our only shareholder.” Patagonia founder gives away his $3 billion company.

Patagonia founder Yvon Chouinard has released an open letter explaining his decision to ‘give away’ his company, valued at over $3 billion.

Chouinard announced the news yesterday, saying he had never envisioned himself as a business leader, but rather his passion simply became very successful. 

He turned his love for rock climbing into one of the world’s most successful sportswear brands. Chouinard explained that he is giving the entire company to a uniquely structured trust and nonprofit, designed to pump all of the company’s profits into saving the planet.

“As of now, Earth is our only shareholder,” Patagonia announced. “ALL profits, in perpetuity, will go to our mission to ‘save our home planet’.”

Chouinard worked with his family and a string of company lawyers to create a structure that will allow Patagonia to continue to operate as a for-profit company whose proceeds will go to benefit environmental efforts.

“If we have any hope of a thriving planet – much less a thriving business – 50 years from now, it is going to take all of us doing what we can with the resources we have,” Chouinard, now 83, said in a statement. “This is another way we’ve found to do our part.”

You can read the full letter here.

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Dallas Sting, a new biopic starring Matthew McConaughey, was set to start filming in a few weeks with production and casting all finalised. But this week, it’s been announced that the film has been suddenly axed. 

Skydance is no longer moving forward with #DallasSting, a soccer project starring Matthew McConaughey. The studio received allegations about certain aspects of the true story of a girls soccer team's 1984 trip to China: https://t.co/3Qt7oXUqh4 pic.twitter.com/0wOuLI7vIE

— The Hollywood Reporter (@THR) September 14, 2022

The project reportedly fell apart after producers received “disturbing allegations” pertaining to aspects of the film's true story narrative.

According to Deadline, the production company Skydance pulled the plug on Dallas Sting after launching an investigation into the allegations and reportedly found them to be serious enough to scrap the entire film. 

As per Vanity Fair, Dallas Sting was set to be a drama based on a true story of a Dallas women’s soccer team. McConaughey was supposed to star as the team’s coach. In 1984, this women’s soccer team went to China to compete against some of the world's best soccer teams at the first world championship for women's soccer.

The first trailer for Damien Chazelle’s highly anticipated new movie Babylon dropped this week, with a cast that features everyone from Margot Robbie, Brad Pitt, Jean Smart, Olivia Wilde and Samara Weaving. Here’s everything you need to know.

We also need to talk about the new mystery of our times, and find out if Leonardo DiCaprio and Gigi Hadid are actually dating or if it’s just a very well-placed PR stunt. Sources have come forward about their relationship and photos have started to emerge, but this whole theory that it’s a setup is missing one crucial detail.

And somehow, the ultimate cool girl Cara Delevingne has gone from the supermodel everyone wants to cast in their movie to a joke on TikTok, with accusations that she’s on a drug bender or suffering from a mystery illness and this new wave of fake concern is all linked to a picture of Margot Robbie. So while we unpack how this all happened the question we need to ask ourselves is, have we learned nothing from the last few years?

Listen to today’s episode of The Spill below:

The behaviour of Melissa Caddick's husband was extremely strange and when seen crying they weren't "real tears", a policeman has told her inquest.

Sergeant Trent Riley was one of the first police officers to interview Anthony Koletti following his missing person's report on November 13, some 30 hours after he says his wife left their Dover Heights mansion.

"I thought it was strange a husband would ring the police station, report his wife missing two days later and wasn't prepared to come to the police station... Or didn't really want police to go around and see him (because) he had too much work on that day." Sgt Riley said.

The husband of fraudster Melissa Caddick made an "extremely strange and unusual" call that he was too busy to meet police after reporting her missing, her inquest has been told. #9News https://t.co/YDjOyK71bN

— 9News Sydney (@9NewsSyd) September 14, 2022

Sgt Riley's suspicions prompted him to visit the Sydney eastern suburbs home and his body-worn footage was played before the court yesterday. 

Sgt Riley repeatedly says he doesn't believe the part-time hairdresser and DJ is telling him the whole truth.

"Like I said before I think there's something you're not telling me," Sgt Riley says.

"I told you if something comes up I will tell you ... I've been on this for a long time now," Koletti responds.

Solicitor Judy Swan, on behalf of Koletti, points out to the witness that at the end of the search and interview her client starts to cry.

"They weren't real tears in my opinion ... I'm very confident they weren't real tears," Sgt Riley said.

The inquest continues.

- With AAP.

King Charles, his sons Prince William and Harry, and other senior royals have joined a solemn procession as Queen Elizabeth's coffin left Buckingham Palace for the final time.

Thousands gathered in central London to witness the Queen being taken from the palace to Westminster Hall as artillery guns fired salutes and Big Ben tolled, the latest in a series of ceremonies as the United Kingdom mourns the Queen who died last week aged 96 after seven decades on the throne.

The coffin of Queen Elizabeth II has left Buckingham Palace; headed to Westminster Hall where the lying in the state begins.

Thousands of mourners have lined the streets of London to pay respects to the late monarch.

MORE: https://t.co/ZAyk9ZcmCi#9News pic.twitter.com/Oc1lVvGPd9

— 9News Australia (@9NewsAUS) September 14, 2022

Charles and his siblings, Anne, Andrew and Edward walked directly behind. They were followed by the King's sons Princes William and Harry, in a doleful scene reminiscent of when, as boys 25 years ago, they followed the casket of their mother Princess Diana when it was taken on a similar procession through central London.

SIDE-BY-SIDE: Princes William and Harry walk together in the procession for their grandmother, Queen Elizabeth II, almost 25 years to the day after the procession of their mother, Princess Diana, on Sept 6, 1997. https://t.co/4fCTCOfD6F pic.twitter.com/XRq3hq8s6K

— Good Morning America (@GMA) September 14, 2022

Other senior royals including Camilla, now the Queen Consort, Kate, now the Princess of Wales, and Meghan, travelled by car.

The queen's coffin will lie in state at Westminster Hall for four days, during which as many as 750,000 mourners are expected to walk past the coffin to pay their final respects.

Culture Secretary Michelle Donelan said some people might have to stand in line for as long as 30 hours in order to file past the coffin before Monday's funeral.

- With AAP.

Paid pandemic leave for COVID-19 positive workers will be extended indefinitely, national cabinet has agreed.

The payments were set to expire at the end of the month but will remain in place as long as mandatory isolation periods are in effect.

Prime Minister Anthony Albanese said the payments would be shared 50-50 between the Commonwealth and states and territories, following yesterday's national cabinet meeting between Albanese and state and territory leaders 

"We remain obviously of the view that if people are sick, whether from COVID or from other health issues, they should not be at work and that is important," he told reporters in Sydney.

"The government has a responsibility to provide support during that period for the appropriate period which is designated."

Announcement: Paid pandemic leave payments will remain for as long as all the states and territories have mandatory isolation requirements in place.

— Anthony Albanese (@AlboMP) September 14, 2022

More than $2.2 billion in pandemic leave has been paid since the scheme was implemented.

People will only be able to claim the payment three times in six-months unless they can argue extraordinary circumstances.

- With AAP.

In the hours after Her Majesty Queen Elizabeth II passed away, the Australian Republic Movement released a statement with comments from its chair, Peter Fitzsimons.

While the timing of the statement's release may have been the subject of some backlash, are they right?

Today The Quicky team ponders whether now is the time to have the republic discussion. 

Missed yesterday's news feed? Catch up on what women were talking about here.

Feature Image: Instagram.