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25 Reasons Why Detroit Is On The Verge Of An Epic Comeback

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detroit joe louis monumentDetroit's got problems 

Friday morning, the city's emergency financial manager unveiled unprecedented restructuring measures that will involve painful cuts to creditors and retirees alike. 

Earlier this year, the city  topped the list of Forbes' 'most miserable cities' list this year.

The city's finances had to be taken over by the state of Michigan.

And former mayor Kwame Kilpatrick is likely going to jail for a long, long time.

But we're banking on the city getting its act together — and it's not just because things can't get any worse.

We've put together 25 signs Detroit is on the mend. Here's the summary:

  • In several major economic indicators, Detroit's rate of improvement has matched or exceeded the national average.
  • Kilpatrick aside, the city enjoys strong leadership
  • The auto industry is booming
  • And its sports teams keep winning titles

Hear us out.

Let's start with the obvious: cars.

The auto industry is leading the entire nation in the recovery: manufacturers sold more than 14 million vehicles in the United States last year, up 13% from 2011, according to UPI's Al Swanson. Credit Suisse said vehicle purchases accounted for around 30% of domestic economic growth during the first six months of last year, Swanson reported.



Here are GM's recent and projected revenues — up every year since 2010...



And Ford's, on pace to break $140 billion next year.



See the rest of the story at Business Insider

David Rosenberg Has 10 'Nagging Concerns' About The Global Economy

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David Rosenberg

2013 started with stocks going higher. But sometime in May global interest rates begin to rise and the Japanese stock market began to fall. 

Since then we've pretty much seen a rout in emerging market stocks, currency weakness, volatility in Japanese government bonds and concerns about both the Fed taper and the effectiveness of Japan's aggressive monetary policy stance. 

In this environment David Rosenberg highlights "10 nagging concerns."

Click here to see the charts >>

1. China can't announce another massive stimulus because it would add to "an unprecedented credit bubble."



2. ECB chief Mario Draghi isn't stimulating the economy like he once was.



3. The canary in the coal mine has contracted for four straight months and this raises questions about the health of the Asian economy.



See the rest of the story at Business Insider

10 Charts That Show The Incredible Power Of Having Economic Information Seconds Before The Rest Of The Market

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natural gas nanex

Thomson Reuters has been giving elite traders a 2 second advantage on the bi-monthly Consumer Confidence index, a key number for traders. In the past few days, that revelation has angered a lot of people on Wall Street.

A two second advantage may not seem like a lot of time to a human, but to a robot, with the right (read: fastest) connection to a stock exchange, it's plenty of time to spray out thousands of orders and (most likely) cancel them.

That impacts price. Suddenly, the market thinks that a given ETF, equity — whatever you're trading — is really in demand.

But it's not.

When it happens incredibly fast (like, in a second) it can be like a tsunami that rises and then disappears.

Until the correct price is found, what all of that does is simply create a mess — a sort of high speed chaos that can only be seen clearly in milliseconds but can send ripples throughout the market as the tsunami dies down.

First and foremost, paying for early data is something completely known on Wall Street, and it makes an impact. This Feb 2013 chart shows how much power people that pay to get Chicago PMI 3 minutes early have on volume. The dots are orders, colored by exchange. Imagine if you're not paying for this service, and you're just a ship sailing on the water, so to speak.



Three minutes later, when the number officially comes out. The water is calm. That said, a human being can react in 3 minutes. What's at issue with Thomson Reuters is 2 seconds.



Forget 2 seconds, this video shows what a high speed trader can do with one second of time. Specifically, it shows trading between exchanges one second after the Chicago PMI number is released, slowed down to a minute and a half.

And here's a run down of all the trading that took place (from Nanex):

  • 550,000 SPY shares
  • 10,000 June 2013 eMini futures contracts
  • 1,400 Nasdaq 100 futures contracts
  • 800 Dow Jones futures contracts
  • 350 Russell 2000 futures contracts
  • 125 S&P 400 Midcap futures contracts
  • 300 Crude Oil futures contracts
  • 900 Dollar Index futures contracts
  • 800 Gold futures contracts
  • 10,000 10yr T-Note futures contracts
  • 2,500 5yr T-Note futures contracts
  • 3,500 T-Bond futures contracts
  • 5,000 Eurodollar futures contracts
  • 750 Japanese Yen futures contracts
  • 600 Euro futures contracts


See the rest of the story at Business Insider

4 Meal Delivery Services That Are Cheaper Than Takeout

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room service

When you’re in a recipe rut and crunched for time, it can be a relief not to have to shop – or find some use for the odds and ends of ingredients left over from last week’s spree.

Enter the meal kit. A number of new services like Chefday, HelloFresh and Plated, among others, offer the ingredients you need for a particular recipe, pre-measured and portioned for the number of servings you request.

Some services make local deliveries, others ship, but cold packs are always included.

Meal kits fall somewhere in the middle on the bargain scale — they’re generally cheaper than enjoying the same dish at a restaurant, but pricier than if you’d hit the supermarket to buy those ingredients.

That extra cost doesn’t mean they can’t have value, though. You might be learning a new skill from the recipe, or giving a unique ingredient a try.

That can cut costs if it means you’re not buying a full bottle, box or bunch of something you might not like, or would struggle to find other recipes for.

Deals also pop up pretty frequently for such sites.

ChefDay recently offered a 40% off deal through daily deal site Gilt City, and HelloFresh users can save $20 off their first order with a referral code from a friend who already uses the service.

Plus, the more servings you buy, the lower the per-serving price.

Blue Apron 

A weekly delivery with all the ingredients to make three meals — with options for meat eaters and vegetarians, and recipe cards for preparation. Meals can be as low as $9.99 per person per serving.

Offerings in mid-June include cod with Parmesan, crusted squash and roasted red potatoes, steak with salsa rossa and broccoli rabe and chicken bahn mi with sesame cabbage salad. Delivers to part or all of 28 states and Washington, D.C.

Once you sign up for a subscription, you’ll get weekly deliveries, until you cancel.

ChefDay!

Choose from an array of recipes, including asparagus stuffed salmon, meatballs shakshuka and stir fried green bean vermicelli — all organic ingredients.

Get two portions for roughly $30, along with recipe cards and access to video tutorials. Meals can be as cheap as $12 per meal per person.

New Yorkers can order as few as two portions of one meal per order; users in other areas where the company delivers (most of the East Coast) need four portions total, in one or more meals. No subscription required.

HelloFresh

Pick the veggie box for $59, or the classic box for $69, and you’ll get three meals for two people, with recipe cards. (You can also buy portions for four or six, at an extra cost.) Some meals cost as little as $8.27 per person.

Recipes slated for mid- June include golden beef pilaf, orzo risotto with buttery shrimp, and stuffed peppers with quinoa.

Once you sign up for a subscription, you’ll get weekly deliveries, until you pause or cancel. Available for delivery in 29 states on the East Coast, as well as Washington, D.C.

Plated

Non-members pay $15 per serving for four; $14 for six or more. Members pay $10 per month, for a reduced rate of $12 per serving for four; $10 for six or more.

Past recipes on the rotating menu of local and seasonal dishes included lamb souvlaki kebabs with toasted pita and Greek salad, roasted swordfish with Meyer lemon risotto, and barbecue chicken with peanut Udon noodles and Asian slaw.

Current delivery areas range from Boston to Washington, D.C., but the company plans to expand nationally.

Frugal Foodie is a journalist based in New York City who spends her days writing about personal finance and obsessing about what she’ll have for dinner. Chat with her on Twitter through @MintFoodie.

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10 Actors Who Parodied Themselves Before 'This Is the End'

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"this is the end" rihanna

An all-star cast of comedians parody their celebrity status as they try to survive the apocalypse in Sony Pictures' "This is the End" now playing in theaters.

It's always a highlight when celebrities are willing to poke fun at their own persona, so...

Jean Claude Van Damme in 'JCVD'

Jean Claude Van Damme's career had fallen practically to obscurity by 2008. But the '90s action star took advantage of his C-list status, starring as a forgotten action star struggling with his taxes and a custody battle with his ex-wife in "JCVD." Poor guy even loses roles to Steven Seagal.



Steve Carell in 'Knocked Up'

The Hollywood nice guy is berated by pregnant and moody E! producer Allison Scott (Katherine Heigl) in "Knocked Up." He tries to gracefully exit the hostile interview, but has a hard time escaping the wrath of Heigl's character.



Steve Coogan and Rob Brydon in 'The Trip'

Coogan and Brydon have played themselves in a number of films, most memorably in their 2010 comedy "The Trip." They travel around Northern England tasting food, wine, and working out their impressions of Michael Caine and Al Pacino. The duo will be making their way to Italy in the upcoming sequel.



See the rest of the story at Business Insider

12 American Bars To Drink At Before You Die

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drinking, networking, celebrationMost people have a favorite watering hole, but how many can say they've gotten drunk at the most famous bars in America?

Derek Hembree and Clint Lanier are college buddies who decided to travel around the U.S. to discover the best saloons, pubs, and dives across the country.

They published their findings in a book, Bucket List Bars.

Each bar has a story, from Al Capone's favorite speakeasy to the setting of the greatest party ever thrown.

If you're a true bar aficionado, it's worth paging through the more than 70 drinking locations mentioned in the book. We spoke with the bar-hopping duo to find out which were their absolute favorites.

Scholz Garten, Austin, TX

1607 San Jacinto Blvd.

What To Drink: Beer, any kind

Scholz Garten is one of the coolest (and oldest) beer gardens in the country. Founded by a German immigrant in 1866, you can still sit outside and listen to bands play while sipping your authentic Bavarian beer, just like when it first opened its doors.

"Most of the Texas politicians go here to drink after legislature," Lanier said. "It’s a very cultural experience."



The Green Mill, Chicago, IL

4802 N. Broadway Ave.

What To Drink: Gin Martini

"This is where Al Capone used to hang out, and they still have the booth that he would sit in. And you can sit in it, too — just get there early enough," Lanier warned.

The Green Mill also has great live jazz and a really cool atmosphere since it hasn't changed much since its days as a 1920s speakeasy.



Rosa’s Cantina, El Paso, TX

3454 Doniphan Dr.

What To Drink: A bottle of Lone Star and a shot of Cuervo

"People might get angry, but I like Rosa’s Cantina," Lanier confessed. "It has an amazing legacy to the area."

Rosa's was founded in the post-prohibition 1940s, and still remains a favorite among locals and tourists alike.



See the rest of the story at Business Insider

7 Celebrity Dads Who Are Surprisingly Good Financial Role Models

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Katy Perry Mick Jagger

People don’t often associate celebrity fathers with frugality, but there are a few out there who choose to make saving money a lifestyle, no matter how much they earn.

There are some celebrity fathers, in fact, who serve as amazing financial role models for their kids. They could also teach you a thing or two about saving money as you prepare to buy your own dad something special for Father’s Day.

Here is a list of some of the leading celebrity dads who not only serve as financial role models to their children, but can also help you learn to save as well.

#1 Mick Jagger

Rolling Stones’ Mick Jagger is not just known for being the king of rock, he’s also known as the king of frugality. This father of seven has reportedly made his ex-wife, model Jerry Hall, “pay for everything to do with the house and the children,” she shared in an interview.

While he’s known for being generous when it comes to buying gifts and presents, he likes to live an overall frugal lifestyle. He even taught his children to repair vehicles before having them junked.



#2 Paul McCartney

Fellow musician, Sir James Paul McCartney, of Beatles fame, takes pride in being a father of five. But this doesn’t mean he likes spending money on them if it means giving up his frugality.

Though McCartney is said to be worth $1 billion, he reportedly sent four of his children to local state schools instead of costlier, private schools. He also is said to have made guests at his ex-wife’s birthday party pay for their drinks.

His style of frugality may not be for everyone, but there’s no doubt that his kids know just what it takes to save and grow their money.



#3 David Grohl

Dave Grohl is known for being a member of not one, but two legendary rock groups: Nirvana and the Foo Fighters. However, did you know that this father of two is also know for being a bit of a penny pincher?

As a typical suburban dad, Grohl acknowledged in a 2003 interview that while he has tons of money, he’s “afraid to spend it."

Some of his apprehension comes from choices made early in his life. “Knowing I don’t even have a high school diploma to fall back on, I’m going to be really careful with what I’ve got."

At least his thrifty decisions will likely help build a solid savings fund for him and his family in the long term.




See the rest of the story at Business Insider

QUIZ: Can You Identify Celebrities By Their Eyewear?

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Lolita glasses Frederico Mauro

The stylish eyewear of stars from Elton John to Audrey Hepburn has become iconic in its own right.

Inspired by those stylish glasses wearers, designer Frederico Mauro created a series of pictures of famous frames worn by actors, musicians, directors, and activists.

We turned a few of our favorites into a quiz (you can see the rest at Mauro's website).

How many frames do you recognize?

Let's start easy: Which young (fictional) wizard was famous for these glasses?



Why, it's Harry Potter (played by Daniel Radcliffe)!



Which legendary actress hid behind these frames in her famous movie as an "American geisha"?



See the rest of the story at Business Insider

10 Pictures Of Guys Looking Hot In Lululemon

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lululemon men yoga

Lululemon CEO Christine Day just announced that the brand plans to open standalone stores for men. 

The brand has offered men's clothing for several years, but faces a challenge in getting the male contingent in stores because the brand has generally been associated with women. 

"As it stands now, most men wouldn't shop at Lululemon," Brian Sozzi, chief equities strategist at Belus Capital, told us. "It will take careful planning to pull off a successful launch." 

We found 10 photos of men wearing Lululemon and looking really good. Maybe skeptical guys out there will be inspired.

This attractive man assists some yogis at a retreat.



This chiseled man holds a yoga pose like a pro.



This man has mastered the art of balance.



See the rest of the story at Business Insider

11 Charts That Show Why Detroit Is Falling Apart And Heading For Bankruptcy

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Roco Real Estate Detroit

This morning, Detroit told its creditors that it will stop paying interest on its unsecured bonds.

Emergency Manager Kevyn Orr has proposed a restructuring plan that would pay bondholders just 10 cents on the dollar, and impose similar cuts on city workers expecting pension and health benefits in retirement.

This is drastic. But Orr has a 128-slide presentation explaining why it's necessary.

The city is running out of money, will soon be spending a majority of its revenue on servicing liabilities, can't provide adequate police and fire services, and is full of abandoned buildings that keep burning down.

We've pulled some of the most interesting data and charts from his presentation to explain how Detroit gotten into this mess, and why the only way out is default.

Everybody's leaving Detroit. Over the last six decades, its jobs base has eroded and its population has declined 63%.



There's a vicious cycle: People leave because conditions are terrible, which erodes the tax base, which worsens municipal services, which makes conditions worse, which drives more residents out. For example, violent crime is crazy high...



... And Detroit police, mismanaged and understaffed, solve less than 10 percent of crimes.



See the rest of the story at Business Insider

10 Fast Food Items That Combine Lunch And Dessert

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Dunkin Donut Sandwich

The line between dinner and dessert has been blurred in the past, but some recent fast food offerings that blend sweet and savory are creating a lot of buzz.

"Replacing buns with the unconventional is the new norm," Foodbeast said of one fast food chain's latest offering — Jack in the Box's "Big Waffle Stack."

From a Krispy Kreme meat sandwich to a sweet pizza, here are some attempts at combining sweet and savory flavors. While some are appealing, others are disconcerting.  

The Krispy Kreme Sloppy Joe

San Diego restaurant Chicken Charlie's announced on its Facebook page that it is offering a Krispy Kreme Sloppy Joe at the San Diego County Fair.

The fair lasts through July 4, so there's still time to visit and try the sandwich, which includes sloppy joe meat and cheddar cheese between two halves of a glazed donut.



Taco Bell's Waffle Taco

Taco Bell is testing an 89-cent Waffle Taco at three Southern California locations. 

The sausage patty and scrambled eggs are folded into a waffle and served with a packet of syrup. Whether or not it stays a menu item or expands to other locations remains to be seen.

Reviews so far have been harsh.



The McGriddle Breakfast Sandwich

McDonald's introduced the McGriddle sandwich in 2003 and solidified itself as the fast-food breakfast king. 

The sausage, egg and cheese between two maple syrup-infused pancakes is now a part of every franchise breakfast menu. 



See the rest of the story at Business Insider

Here's the $40 Million Private Jet That Kept Phil Mickelson Fresh For The US Open

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Gulfstream GV

Phil Mickelson led the U.S. Open after the first round with a 3-under par 67. That feat was even more impressive when you consider that Mickelson was in California the night before.

After some practice rounds earlier in the week, Mickelson returned to California for his daughter's eighth-grade graduation. Then, on Wednesday night he took a cross-country red-eye flight to get back to Merion Golf Course just hours before teeing off.

But while his opening round was impressive no matter how he got back to Pennsylvania, it wasn't like Phil was waiting in security lines and riding coach.

Mickelson actually owns a Gulfstream V, which retailed for close to $40 million. On the next few pages we'll take a look at what these jets are like inside.

The GV is no longer in production, however, according to Aircraft Bluebook it would have retailed for $37-43 million



Here is a typical floorplan for a GV



The aircraft can seat up to 19



See the rest of the story at Business Insider

The Unstoppable Rise Of Kanye West's Ego

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kanye west lights

When Kanye West called himself the next Steve Jobson track to revolutionize "downtown, fashion, culture" and lead a company "worth billions of dollars"—  no one was surprised.

The musical superstar has earned a reputation for having the biggest ego in the world.

It's not entirely undeserved either.

His fiercely anticipated album "Yeezus"leaked a few days early and is already getting great reviews.

How did we get to this point?

Click here to see the evolution of Kanye West's ego >

View as single page

Kanye Omari West was born in Atlanta, Georgia on June 8, 1977. His parents — Ray, an award-winning photographer and church counselor, and Donda, an English professor — divorced when he was three.



Donda raised Kanye on Chicago's South Side. She said her greatest parenting challenge was learning how to discipline him without killing his spirit.

"My parents required every one of us not just to do our best, but to be the best," Donda wrote in her memoir, "Raising Kanye: Life Lessons from the Mother of a Hip-Hop Superstar.""If you don't set that bar high, you can't expect your children to excel."



Growing up, he spent summers with his father. "He taught me how to think, how to use my mind," Kanye said. "A lot of parents say, 'Because I said so.' But he allowed me to ask questions."

The quote comes from this Teen Diaries TV clip.



See the rest of the story at Business Insider

Watch This Garbage-Picking Robotic Waste System Sort Through Junk At A Rate Of 1,400 Items An Hour

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zenrobotics

Finnish startup ZenRobotics is on a mission to make the world a greener place by attempting to solve the global waste problem. 

The European Union alone generates 900 million tons of waste from construction and demolition.

ZenRobotics aims to make the waste sorting process faster and safer. Typically, humans manually sort through materials and in doing so, get exposed to dust and chemicals.

The ZenRobotics Recycler (ZRR) system sorts raw materials like metal, wood, and stone. Eventually, ZenRobotics will recycle mobile electronics. 

We recently had the opportunity to see the ZenRobotics Recycler in action. 

Disclosure: Finnish funding agency Tekes and Finnfacts, a non-profit media service organization in Finland, paid for my trip to Helsinki to explore the startup scene.  

We first went to the ZenRobotics HQ in Helsinki.



They have these cute little robots sitting on top of the reception desk.



But since they don't break down waste in their actual offices, we took a minibus to Sita. Sita is an environmental waste company in Finland, and was the first to use the ZenRobotics Recycler. ZenRobotics has five customers so far.



See the rest of the story at Business Insider

28 Musicians Who Turned Down Hit Songs

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britney spears hit me baby one more time music videoThe old saying about one person's trash being another person's treasure is doubly true in the music world, as plenty of smash hit songs were once passed over by big-name artists. 

But don't feel too sorry for the stars on this list: It's unlikely they spend a lot of time moping around about what might have been.

Check out which stars passed up great songs >

View single page

Britney Spears Turned Down 'Umbrella'...

When one Googles "Britney umbrella," some unfortunate paparazzi shots of a bald pop princess show up. But things could have been different. Terius "The Dream" Nash explained Rihanna's critical and commercial triumph "Umbrella" was written with Britney Spears in mind, but the demo never got to her (this was, of course, around the time of the head-shaving incident).



... and Lady Gaga hit 'Telephone'

The anti-clingy boyfriend anthem "Telephone" was originally written for Britney Spears. Though Spears recorded a heavily autotuned demo of the song, she eventually passed, paving the way for songwriter Lady Gaga's collaboration with Beyonce Knowles. Gaga has since admitted, "I hate ‘Telephone’. Is that terrible to say? It’s the song I have the most difficult time listening to."



Rihanna Passed on 'We Can't Stop'

Mike Will Made It penned Miley Cyrus' single "We Can't Stop" with another pop princess in mind: Rihanna. But Rihanna ended up recording "Pour It Up" instead, so Miley took the song and made it her own. No word on whether the drug references ("lines in the bathroom,""dancing with Molly") were in the original lyrics.



See the rest of the story at Business Insider

12 New Companies That Will Make Going To College Unnecessary

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graduation caps graduate college

College has gotten something of a bad reputation over the last few years.

People have started to realize that putting in four years and racking up tens or hundreds of thousands of dollars in debt only to find yourself out of a job (or working as a barista at Starbucks) is a raw deal.

Some entrepreneurs and academics have decided to do something about it. They're looking to give quality education for free online, or job training in fields that actually pay enough to afford their tuition.

Several of the programs have over 90% of graduates working as software engineers, making an average salary of over $80,000 per year, for instance.

Hack Reactor

What it is: A 12-week program that aims give participants the education they need to become web developers capable in JavaScript, HTML, CSS, and Ruby on Rails. 100% of those who have completed the program are employed as software engineers with an average salary of $85,000.

Where: San Francisco

How much it costs: $17,780, with $1,000 scholarships available for women and underrepresented minorities.



edX

What it is: A collaboration between MIT, Harvard, and other partner schools that let you take courses normally offered on-campus online. Students may choose to simply audit classes or they can complete assignments for a grade in order to receive a Certificate of Mastery. Subjects offered include law, history, science, engineering, business, social sciences, computer science, public health, and artificial intelligence.

Where: Online

How much it costs: Free, though some courses require textbooks.



Hackbright Academy

What it is: A 10-week program that gives women training and mentorship with the intent of getting a job in software engineering. Participants learn HTML, CSS, JavaScript, SQL, Python, and other advanced computing topics.

Where: San Francisco

How much it costs: $12,000, with a $4,500 refund if you are hired by one of Hackbright's partners.



See the rest of the story at Business Insider

10 Nightlife Venues That Are These Cities' Best-Kept Secrets

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Tel Aviv Nightlife

Traveling the world is an exciting adventure in itself, but knowing the exclusive and best-kept secrets of the cities you are visiting makes the trip that much better.

Even if you’re not abroad or in an unfamiliar city, there are places that are simply so high-brow or underground that you would not know about them even if you’ve lived in the same city for your entire life.

These 10 clandestine venues fit that category and are guaranteed fun experiences, all for different and exciting reasons.

This story was originally published by Party Earth.

The Sayers Club – Los Angeles

1645 Wilcox Avenue 
Los Angeles, CA 90028

Starting in the city known for posh nightclubs and celebrity sightings, Hollywood is home to The Sayers Club, one of the best-kept secrets, largely because its entrance is hidden with its sign-less façade backed off the street a bit. Despite its relative anonymity, the door is very tough due to the high volume of industry leaders and celebrities that frequent this sleek speakeasy. If lucky enough to get inside, visitors are treated to unannounced musical performances from notable artists, and have the opportunity to rub shoulders with some of the most powerful people in Tinseltown while waiting for an $18 drink.




Joy Madrid – Madrid

Calle del Arenal, 11
28013 Madrid
 

Located in central Madrid, Joy Madrid has long been one of the hottest go-to nightclubs in Europe and is one of the most popular clubs in Madrid for those looking for a true European club experience. Opened in 1981, it was converted from an old 1950’s theater into a huge club warehouse. Joy Madrid offers ample space for partygoers from all over the world to meet new friends and party the night away. Perhaps what makes this venue so unique is its spectacular light effects that add even more flair to this trendy club. Blue lights spectacularly illuminate the spacious sunken dance floor and undulating special effects are projected onto the back wall of the stage. No matter where one turns, myriad futuristic lighting and lasers bounce off the walls and, of course, it wouldn’t be a true nightclub without a disco ball hanging above the crowd.



SL (Simyone Lounge) – New York City

409 West 14th Street
New York, NY 10014
 

Similar to The Sayers Club with its hipster, yet swanky vibe, New York’s SL (Simyone Lounge) is guarded with classic velvet ropes, followed by a mysterious black-mirrored entrance. Once inside the club, there is plenty to please the eye from the beautiful people to the enticing illuminated glass bricks that line the walls. For those who don’t want to mingle with the run of the mill models, socialites, and Wall Street elites, there is an ultra-exclusive bottle service lounge with an intimate DJ experience. Also, when you’re inside make sure to look up to see an aerial view of the attractive clientele mingling with each other thanks to the mirrored ceilings.



See the rest of the story at Business Insider

What 6 Executives Learned From Going On 'Undercover Boss'

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Don FertmanPerhaps more bosses should try going undercover in their own companies.

Just look at what dozens of senior executives have learned on the "Undercover Boss" TV series, which has franchises around the world.

The finale of season 4 on CBS featured some of the most "epic" encounters from past episodes, all of which spurred executives into making real changes.

Undercover Hooters CEO Coby Brooks watched as manager "Jimbo" made his employees eat beans with no hands, competing to see who could go home from work early.



After the episode, Brooks embarked on a mission to improve management, fired "Jimbo," and started programs to ensure those problems didn't reappear.




After changes “the morale was heightened, and everyone felt more of a sense of family ... we've never considered ourselves a ['Breast-urant'],” Brooks said.



See the rest of the story at Business Insider

Attention: Marissa Mayer, Here's A Radical, Beautiful Idea For The Yahoo Front Page (YHOO)

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In the past few months, teams led by Yahoo CEO Marissa Mayer redesigned Flickr to look beautiful and clean like this…

new flickr design 2

…and redesigned Yahoo Weather to look sleek and modern like this.

yahoo weather app

But even after a redesign a few months ago the Yahoo Homepage still looks cluttered and old-fashioned like this…

yahoo homepage current

A developer/designer named Quincy Gibbs thinks this is a shame.

He's sent us some cool-looking mock-ups for how Mayer should redesign Yahoo.com, again.







See the rest of the story at Business Insider

RANKED: How The Biggest Names On Wall Street Stack Up On The Golf Course

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Trip Kuehne

In honor of the U.S. Open golf tournament going on this weekend, we decided show how the biggest name bankers and hedge fund managers stack up against each other the fairway.   

We know Wall Street trading floors have probably been changing the channel from financial television to watch the action on the course for the past few days. 

For our ranking, we combed through the latest handicap data of some of the Street's biggest names compiled by GHIN, a website run by the U.S. Golf Association.

We've included a full rundown of Wall Street golfers in the slides that follow.  We also threw in some of the more infamous names who are no longer on the Street.  

Some of these golfers are very, very talented, while others could use a bit more practice. Take Goldman Sachs CEO Lloyd Blankfein for instance. He seems to find shooting low-scores a difficult endeavor.

Keep in mind, the higher the handicap number, the worse the player is in comparison to others with lower handicaps.

Also, JPMorgan's CEO Jamie Dimon doesn't golf. His two predecessors at JPMorgan were members of the prestigious Augusta National Golf Club though. 

Anthony Scaramucci (Handicap Index: 28.4)

Firm/Title: Skybridge Capital, founder

Where He's Played: Hudson National Golf Club and Plandome Country Club

Last Golf Outing: October 2003 

He's a good sport about it though. When asked for comment, he said, "Really? Who knew? I thought the highest score is what mattered."

Source: GHIN



Glenn Hutchins (Handicap Index: 26.4)

Firm/Title: Silver Lake Partners, co-founder

Where He's Played: The Golf Club of Purchase

Last Golf Outing: September 2007

Source: GHIN



Steve Eisman (Handicap Index: 24.6)

Firm/Title: Emrys Partners, founder (He's the fund manager from Michael Lewis' book "The Big Short")

Where He's Golfed: Tam O'Shanter Golf Club

Last Golf Outing: April 2013

Source: GHIN



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