The owners of the most expensive estate on Nantucket are having a tough time selling.

They have dropped the price tag on the property from $59 million to $47.5 million, Curbed Cape Cod reports.

The 70-acre property, called Swain's Neck, is being sold by the estate of the late Russell Dale Phelon, who made his fortune in the engine electronics business.

It was briefly taken off the market over the winter, and is now listed with Great Point Properties.

In addition to a 7,800-square-foot mansion, the estate has two moorings and two gated horse pastures.

Welcome to the most expensive estate on Nantucket.

It's totally secluded on a private peninsula.

The late owner purchased the home in 1997 for $7.15 million.

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This week a major snowstorm dropped just under 10 inches of snow on Chicago and the surrounding region, before heading east toward Virginia, Maryland and Washington D.C.

The capital was mostly spared the worst of it, but coastal cities in Massachusetts and New Jersey were flooded this morning. Pounding surf broke some sand barriers built to keep out the water along the New Jersey shoreline, and filled streets with water.  

Here is a roundup of images from cities across the Eastern United States that were impacted by the storm, which Weather.com has named Saturn. 

The storm system is currently headed North to hit upstate New York and the far Northeast. The National Weather Service has issued winter weather advisories and hazardous weather warnings for areas all over the Northeast.  

This morning the NWS posted a hazardous weather warning in effect from 6 p.m. this evening until 12 noon tomorrow for  the New York City metropolitan area, southern Connecticut, and northern New Jersey. 

Here are the images of damage the storm has already done.

Chicago monument "Cloud Gate," better known as "the bean," wore a layer of snow and ice as the blizzard hit Chicago on Tuesday, March 5.

A worker used a snow blower to clean the steps in front of the Cloud Gate Sculpture.

Snowplows had to plow through parking lots at Chicago's O'Hare International Airport. Locals feared roads would be packed with stranded drivers.

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Troops nicknamed Afghanistan's Korengal Valley "Death Valley" for a reason.

If it wasn't the sheer amount of bombs dropped (more than in the rest of Afghanistan combined at one point), it was the number of American lives consumed during brutal, most often daily fire fights — usually for a matter of feet and inches.

The hard-fought swath of ground in this instance was Combat Outpost Restrepo, an offshoot of a bigger outpost, and more importantly, an offshoot won following a brutal fight in the wake of Juan "Doc" Restrepo's death in combat.

Sadly, troops left Restrepo and the Korengal Valley without accomplishing much of anything. From a New York Times report:

Closing Korengal Outpost in Kunar Province, a powerful symbol of some of the Afghan war’s most ferocious fights, and a potential harbinger of America’s retreat, is a tacit admission that putting the base there in the first place was a costly mistake.

It cost 37 soldiers to be exact. Afghanistan has cost more than 2,100, and now America's gearing up to leave, while citizens begin to openly wonder: was that a costly mistake as well?

Sebastian Junger and Tim Hetherington spent several months filming the soldiers at Restrepo. What follows is a visceral take on combat in Afghanistan's most dangerous strip of land.

Documentary filmmakers Sebastian Junger (left) and Tim Hetherington had extraordinary access with the men of 2nd Platoon, Battle Company.

The airborne paratroopers moved out by helicopter to a remote Afghan outpost in 2007.

Located in the Korengal Valley, it may have been the most dangerous place on earth.

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Most people's fears about flying are unfounded: It's a remarkably safe form of travel, especially on large, commercial airlines.

But for anyone headed to Bhutan, a little fear of air travel is totally justified. The small country's only international airport is called Paro, and like the rest of the mostly Buddhist nation, it is nestled among the Himalayan Mountains.

The neighboring 18,000-foot mountains and unusually short runway make for some of the world's most difficult takeoffs and landings. In fact, only eight pilots are qualified to land there, according to the Daily Mail.

But for those who can handle the danger, a trip to Paro also offers breathtaking views of the mountains, and one of the only ways to visit one of world's happiest countries.

The runway is short, with little space on either side.

The Google Maps satellite view shows it is nestled among the Himalaya Mountains.

One Google reviewer says there's one duty free shop and a small beverage counter, but "sweet and hospitable security and one of the most charming airport buildings ever."

[Source: Google Review]

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Dead electronic goods like computers, televisions and cells phones, are known as electronic waste, or e-waste.

As consumer electronics take over our homes, more and more of this equipment ends up in landfills or recycling plants once they've reached the end of their lifespans.

According to the U.S. Environmental Protection Agency, nearly 5 billion pounds of e-waste ended up in waste stream in 2009, and e-waste is one of the fastest growing contributors to waste.

Many electronics can be recycled and made into new parts. Reuters has gathered pictures of recycling plants around the world, including China and India, where household electronics go to die and are reborn as new products and materials.

An employee is reflected in a mirror as she disassembles a circuit board at the Coopermiti warehouse of electronic waste in Sao Paulo.

An employee places a discarded monitor before disassembling it at the Coopermiti warehouse.

Discarded mobile phones are seen as an employee disassembles them.

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It is not a secret that the big winners in this era of $100 million athletic programs are the college football coaches. But in a few select cases, the salaries of athletic directors are starting to approach those of their coaching underlings (data via USAToday.com).

On the next few pages we will take a look at the 20 ADs that make the most money amongst schools with a FBS football program.

It should be noted that in some cases, these athletic directors have other duties beyond the athletic department, which will impact their overall pay. Also, of the 114 schools with FBS (Division I) football programs, data was missing for 11 private schools that were not obligated to provide the information.

#20 Chris Del Conte, Texas Christian — $695,769

Salary: $695,769

Other Pay: $0

Potential Bonus: $0

#19 Mark Hollis, Michigan State — $700,000

Salary: $700,000

Other Pay: $0

Potential Bonus: $50,000

#18 Dan Guerrero, UCLA — $715,211

Salary: $715,211

Other Pay: $0

Potential Bonus: $75,000

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The S&P 500 booked a nice 13 percent return in 2012.

For 2013, Goldman Sachs' equity strategy team expects the index to climb to 1,575 by year-end.

However, they obviously expect some stocks to do better than others.

The firm's new "US Monthly Chartbook" includes a list of the 40 stocks with the most upside opportunity relative to Goldman analysts' price targets.

We pulled the top 12 stocks, which offer 30 to 50 percent upside relative to their recent prices.

12. EOG Resources

Ticker: EOG

Rating: Buy

Recent Price: $125.71

Upside to Target:
32.8 percent

This oil & gas production company is currently pursuing a new project to increase its onshore output in the U.S..

Source: Goldman Sachs

11. Southwestern Energy

Ticker: SWN

Rating: Buy

Recent Price: $34.27

Upside to Target:
34.2 percent

Though this energy company reported a net income of $355.6 million or $1.02 per share, compared with $158.5 million or $0.45 per share last year, it has attractive gas assets that could deliver double digit growth.

Source: Goldman Sachs

10. Ford Motor Co.

Ticker: F

Rating: Buy

Recent Price: $12.61

Upside to Target:
34.8 percent

One of the oldest American automobile companies, Ford recently relaunched its luxury Lincoln brand.

Source: Goldman Sachs

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Bitcoins are a completely anonymous digital currency that can be converted into real cash.

And most interestingly, you can use your computer to "mine" them.

It's something akin to prospecting for gold, except now you're hunting for 64-digit numbers. By having your computer repeatedly solve puzzles, you're competing with other miners to generate the number that the Bitcoin network is looking for. If your computer generates it, you receive 25 Bitcoins.

At the time of this writing one Bitcoin is worth $42.98, so with correct computations currently worth $1,074.50 a pop there's plenty of motivation to start crunching numbers.

Here's the difficulty, however – the behind-the-scenes math is set up to make Bitcoins increasingly difficult to produce. Once there are 21 million in existence, there can't be any more.

Since it can take quite a while to successfully solve one of these puzzles by yourself and earn your thousand bucks, a number of Bitcoin "mining pools" have sprung up in which people distribute their computing power to find these magic combinations of 64 digits collaboratively. Once solved, the miners divide their winnings based on the amount of computing power each contributed to the calculation.

Since you're one of a large number of people in this scenario, the payouts are quite small. The real money is in doing the work yourself, but it's much more fun to see a steadier (yet less significant) trickle of Bitcoins flow into your wallet.

We're going to show you two ways to get mining as part of a pool. The first is a no-frills get-started-right-away method. The second is slightly more involved and lets you take advantage of your computer's graphics processing chip to mine alongside a network of others.

Here's the fastest possible way to start mining Bitcoins. The first thing you need is a Bitcoin wallet, so to instawallet.org to instantly generate one. You can (and should!) share your Bitcoin address, but DO NOT share the unique Instawallet URL.

Now go to bitcoinplus.com and create an account.

After giving it your Bitcoin wallet ID, you can simply click "Start Generating" to collaboratively mine Bitcoins with other users. You all share the payout when done.

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While five star hotels offer great amenities, vacation rentals can provide a more exclusive and unique experience.

And some of them are entirely out of this world.

We're taking a look at 12 architecturally stunning rentals available on Luxury Retreats, a luxury villa vacation company with more than 2,000 properties.

Villa Sapi, in Lombok, Bali, has nightly rates starting at $950. With a main house, guest house, and five bedrooms in total, Villa Sapi is perfect for a large family or group of friends. It has beautiful landscaping with fishponds and gardens leading down to a white beach.

Click here to see the listing.

Tranquility Villa in Providenciales, Turks and Caicos, has nightly rates starting from $4,700. This property has three free-standing pavilions, each with its own master suite. It comes with an on-site cook, infinity-edged pool, and is only a five-minute walk from the beach.

Click here to see the listing.

Casa Kimball, in Cabrera, Dominican Republic, starts at $2,400 each night. It has eight bedrooms, 8.5 bathrooms and is great for a group of up to 20. It has its own swimming pool and a chef to prepare delicious meals every day.

Click here to see the listing.

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Sheryl Sandberg launched her global book tour tonight in New York City.

New York Mayor Mike Bloomberg and Arianna Huffington threw Sheryl a big bash.

And they were kind enough to invite me.

So I went.

I took some pictures with my iPhone along the way, which I am going to risk assuming you would rather see than not see.

I apologize in advance for their crappiness.

I thought the party was at Mayor Bloomberg's house. And to get to Mayor Bloomberg's house, you get on the subway and head for the Upper East Side.

That's what Mayor Bloomberg famously does every day: Rides the subway to and from work.

The Mayor's stop is 77th Street.

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Samsung is going to announce its next flagship smartphone, the Galaxy S IV, next week.

This is a really big moment for Samsung. It has successfully transitioned from being some boring phone maker to one of the premier brands in the world.

The S IV could be its peak, or it could be the next step on the path to world domination. It all depends on how good the phone is.

Since you're probably curious about what Samsung has in store, we've summed up just about everything you need to know about the phone in this post.

The screen is going to be really big

Samsung is planning to make the screen 5-inches. (Measured diagonally.) Its last flagship phone, the Galaxy S III was 4.8-inches measured diagonally. It doesn't sound like a big difference, but it is.

Is the screen going to be too big?

We can't answer this right now, but a 5-inch screen is really big. It's almost comical to make phone calls with a giant phone. But, Samsung sold a fair amount of the 5-inch Galaxy Note, so it thinks people want the bigger screen. Plus, we're mostly using our smartphones as computers so, bigger can be better.

It will be plastic with aluminum sides

A lot of people were hoping Samsung would splurge and use better materials for its new phone. According to various reports, the case will be plastic, which feels cheap compared to the iPhone or HTC's latest phone. Samsung is doing it because it's lighter, easier to make, and costs less.

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Two very different ex-NBA players ran into financial issues in two very different ways recently.

Robert Swift — who earned $11 million in three seasons — had his house foreclosed on after prematurely flaming out of the NBA.

Allen Iverson — who earned  $154 million in salary — found out the hard way what happens when you keep living the good life after the paychecks stop rolling in.

By looking at these and 20 other examples, you get a full picture of exactly how athletes manage to burn through millions of dollars.

[Ed. Note: Former BI reporter Abby Rogers contributed to this post]

Allen Iverson kept spending ~$360,000 every month after he fell out of the NBA

Iverson lived beyond his means after his playing career ended.

He kept spending thousands on jewelry, clothes, and nights out. 

His $4.5 million home was foreclosed on as well.

Robert Swift flamed out of the NBA at age 24 after skipping college, and his house was later foreclosed on

Swift was one of the last players to go to the NBA straight out of high school.

He earned $11 million in three seasons, but after he stopped playing he lost his $1.3 million Seattle home.

He left in it squalor.

Antoine Walker lost $110 million after taking out massive loans for his real estate ventures

Walker says he took out loans with eight different banks, but couldn't pay them all back at once. Here's what he said when asked if he blames his financial advisors:

"No. I don’t blame them. I blame more so myself. I think the one thing…that is difficult to do is to do investments while playing basketball. I think if it was one thing I would tell any young guy or anyone who’s playing and making money right now is to wait until the end of your career and start investing and start making money off the field or off the court."

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Canadian aircraft manufacturer Bombardier Aerospace, long known for producing smaller business jets, has revealed the passenger plane it believes will be it a serious competitor for industry giants Airbus and Boeing.

At Bombardier's factory in Mirabel, Quebec, executives revealed two important pieces of news: The new CSeries jet should be doing test flights by the end of June, and one model will be able to seat up to 160 passengers.

That size puts the CS300 in the range of the Airbus A320 and Boeing 737, which dominate domestic air routes. Most of the CSeries jets will made for the 100- to 149-seat market, which Bombardier says is growing.

Bombardier's move into the larger passenger jet market, combined with the growth of Brazil's Embraer, poses a threat to the dominance of Airbus and Boeing.

Chris Sloan of Airchive was in Montreal for the jet's debut, and shared his photos with us.

After a presentation about the CSeries, the screen was pulled away to reveal the jet.

A fog machine added some flair to the debut.

Once it cleared, the media on the scene had a better view.

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Today is International Women's Day, which celebrates women's growing contributions to society and participation in the workforce. 

The fields of science, technology, engineering and math, especially, have historically been dominated by men. 

The tide is slowly turning. 

See the Women of NASA > 

Mamta Nagaraja is the manager of Women@NASA, a program created to highlight the success of female scientists and engineers who work at the space agency.   

Over the last decade, the number of female supervisors has increased by nearly 60 percent, she tells Business Insider. The number of women aerospace engineers has made an even bigger leap. Today, 20 percent of NASA engineers are female. That 76 percent increase since the early '90s.  

Here are some of their stories. 

Anne Mills — Archives and Records Management

Job Title: Records Manager and History Officer

Education: B.A. in History from Baldwin-Wallace College; Master’s of Library Science from the University of Maryland at College Park.

NASA Center: Glenn Research Center

Mills was 16 years old when she scored a summer internship in NASA's Procurement Division. Seven year later, after pursing a graduate degree in library science, Mills landed a full-time job in archives and records management at the space agency's research center in Cleveland, OH, where she "ensures that all documentation created at the center is organized, accessed, stored, and dispositioned in a way that meets federal and state regulations, NASA regulations, and quality standards."

Source: Women@NASA

Jennifer Cole — Aerospace Engineer

Job Title: Chief of the Aerodynamics and Propulsion Branch

NASA Center: Dryden Flight Research Center

As a young girl growing up near Willow Grove Naval Station outside of Philadelphia, Penn., Cole was by fascinated by "anything that flew." She dreamed of flying in the Navy, but was held back by vision problems. The self-confessed "nerd" began working at NASA as a student intern and is now living out her childhood passion as an aerospace engineer.

Source: Women@NASA

Ginger Kerrick — Flight Director

Job Title: Flight Director, Mission Control Center

Education: Masters in Physics from Texas Tech

NASA Center: Johnson Space Center

When Kerrick's childhood dream of becoming an astronaut didn't pan out due to health issues, she sought out the next best thing: teaching astronauts. The Texas-native began her career at NASA in 1994 as a Life Support Systems Instructor for The International Space Station. In 2001, Kerrick became the first non-astronaut Capsule Communicator, the liaison between Mission Control and the flight crew. Four years later, she became a Flight Director and so far has support 13 International Space Station and five shuttle missions.

Source: Women@NASA 

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Turns out the faux fur on fashion designer Marc Jacobs' clothing may not actually be so "faux" after all.

According to a new report from the Humane Society and NY State Assembly member Linda B. Rosenthal (D-Manhattan), the popular discount department store Century 21 in New York City was caught selling Marc Jacobs "faux fur" jackets that were actually made with hair from raccoon dogs, an East Asian canine species.

The undercover investigation also found that the big-name NY store sold an unlabeled infant sweater that contained rabbit fur, the Humane Society said.

In September 2012, Humane Society investigators purchased three Marc by Marc Jacobs jackets online that advertised their trim as "faux fur." Upon laboratory testing, it was determined the made-in-China trim was actually from a raccoon dog, according to the Humane Society.

Century 21 responded with the statement, “Century 21 does not create garment labels, the manufacturers do." Marc Jacobs had not released a public statement at the time of this post.

Under the federal Fur Products Labeling Act, all clothing trimmed with animal fur must provide not only the name of the animal on the tag, but the country in which the animal was killed. It is a violation to misidentify the species of animal fur.

"The Humane Society of the United States is releasing these findings during National Consumer Protection Week to warn consumers that animal fur, including from raccoon dogs who may be skinned alive in China, is being sold unlabeled or as faux fur," Pierre Grzybowski, research and enforcement manager of the fur-free campaign for The HSUS, said in a press release.

Check out the undercover investigation at Century 21 below.

Don't Miss: QUIZ: Can You Spot The Knock-Off Handbags, Shoes, And Gadgets?

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Kristin Cavallari, 26, walked off hit MTV show "The Hills" directly into a pair of Chinese Laundry high heels.

The former reality star has transitioned with seeming ease from Hollywood party girl into her latest roles as mother to six-month-old Camden, fiancé to Chicago Bears quarterback Jay Cutler and designer of new shoe line, Chinese Laundry by Kristin Cavallari.

K.Cav gave Business Insider an exclusive sneak peek into a day in her life as she recently debuted the new shoe line in Las Vegas during big apparel trade shows Magic Market Week and FN Platform.

My work day begins ... Hair, make up and squeezing in a little fan love before heading out the door.

I'm in Las Vegas for Magic Market Week/ FN Platform with my new shoe collection for Chinese Laundry by Kristin Cavallari and there's lots to do today!

I'm very excited to present my latest designs and meet all the great people that Magic brings out. 

First stop, the offices of Zappos.com.

Zappos is one of my favorite sites to online shop so I'm very excited that they're carrying my shoe line.

I stopped by their Las Vegas office on my way over to Platform to meet their team and talk about the latest looks from my new collection. 

Such great people there and I'm thrilled to be working with them! 

Press time.

Next up, I stopped by to visit the lovely people of Fox 5 Las Vegas to talk shoe shop.

A shoe presentation and charity wheel spin later, it was off to Platform! 

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Over at 3D graphics blog CGTrader, they've rounded up an eclectic collection of computer-generated images of women for International Women's Day.

Some are humorous and cartoony, but some are borderline photorealistic.

We've gathered some of the most impressive displays 3D graphics for you here.

The artist packed so much detail into this picture, even adding reflections to the eyes.

This artist wanted to represent a different idea of beauty.

This is a portrait of a Hakkan woman.

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What do superachievers all have in common?

Authors Camille Sweeney and Josh Gosfield set out to find the answer with their book, The Art Of Doing: How Superachievers Do What They Do And How They Do It So Well. They interviewed dozens of superachievers from all professions and found some underlying traits that they share.

One of the biggest things they found was that success doesn't come with an instruction manual. Instead, there's a lot of trying, failing, and constantly struggling: "What we found in our conversations with these superachievers was that success did not come to them in the thunderclaps of their Eureka! moments," they write. "Talent was just the beginning ... their progress toward their goals was furthered by their fierce dedication to the day-to-day struggle for achievement."

Thanks to Sweeney and Gosfield for permission to publish some of the best advice from the talented people they interviewed for their book. 

When you try to emulate someone successful, you end up with a second-rate version of it.

Mark Fraunenfelder, Blogger and founder of Boing Boing:

"If you try to emulate a successful blog, you'll just be a second-rate version of something already out there, and who needs that? Make the blog that doesn't exist yet, but that you'd want to read...Depending on your idea, starting a blog might not be the way to make a lot of money, but it is a way to live a fulfilling and engaged life." 

Source: The Art Of Doing

You can't always change your conditions, but you can always change the way you deal with them.

Jessica Watson, Australian teen who sailed solo, nonstop around the world:

"One of the big tricks when you're out there [in the ocean] is to not over think things. I'd stop myself and say, 'hey, it's cold and I'm in a bad mood, but I'm going to get through the day, and eventually I'm going to warm up and feel better.' You can't change the conditions, but you can change the way that you deal with them. I learned to accept it when I was in a bad mood or lonely. I learned to accept it when I was tired or cold... I ended up being a lot better at coping with my emotions than I'd expected. And anyway, chocolate always helped!"

Source: The Art Of Doing

If everyone else thinks your idea is ridiculous, then you have no competition, and higher potential rewards.

Bill Gross, founder and CEO of business incubator Ideallab:

"Going against conventional wisdom with a new idea can be risky if you're doing it just to buck the trends. But if you have a solid business plan for that idea, it can be a high-reward opportunity. If everyone else thinks your idea is heresy, they won't compete with you."

Source: The Art Of Doing

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Art Cashin, UBS's Financial Services director of NYSE floor operations, is a legend at the Big Board. 

He's also known across the Street for his must-read daily newsletter Cashin's Comments. 

At the end of each newsletter, Cashin includes a fun piece of trivia.

The questions are usually a piece of logic or math or history related. They're a ton of fun, but they can be really tricky. He doesn't reveal the answer until the following newsletter comes out. 

We've included a round up of a bunch of Cashin's recent brain teasers in the slides that follow.  Remember, Google is for cheaters! 

Question: Counting Sheep

Don't pull the wool over my eyes - Mordecai the Shepherd divides his flock among his sons.  Amos is to get 20% more than Josiah and 25% more than Cephas.  If Josiah's share is 3600 sheep, how many sheep does Cephas get?

Source: Cashin's Comments

Answer

Answer to counting sheep - The share that went to Cephas would be 3456.  If you didn't get that you probably figured out Amos' share and took away 25%.  That's not correct. 

Source: Cashin's Comments

Question: Etiquette in the new economy paradigm

Etiquette in the new economy paradigm - Tim and Tom are scheduled to have a "business dinner" with Todd and Brian. At the last minute Brian and Todd are called to a business meeting.  They suggest that Tim and Tom await for them at the Broker's bar where they are to meet at 5:15.  By 7:00 p.m., Todd and Brian are no-shows and Tim and Tom are concerned in that the ice machine and the peanut dispensers are empty.  To kill time, Tim and Tom began matching coins at $1 per match. Tom won 3 matches but Tim wound up winning $5.  How many matches did they have?  Level II Question:  How long should Tim and Tom wait - A) 2 hours; B) 4 hours; C) until the cleaning staff vacuum their fingers?

Source: Cashin's Comments

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The search for the best city in SimCity is on.

Released earlier this week from EA and Maxis, the popular game allows creators to build and control their own personalized cities. 

Though the new game has been getting a lot of flack due to server issues, there's no denying that once players are logged on and able to build, users are having a lot of fun letting their inner engineers go wild. 

From breathtaking to creative, we've scoured the web to find some of the best cities people have built from the ground up.

Since gameplay has been spotty with down servers, some of the best cities right now are the pre-installed ones.

For example, here's Casino City Lucky Shores.

However, when gamers are able to log on, their creations are simply gorgeous ...

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