Quantcast
Channel: Features
Viewing all 61683 articles
Browse latest View live

Meet The Tycoons Who Live At 740 Park Ave., New York's Billionaire Hive

$
0
0

740 park avenue740 Park Avenue is a legendary address, at one time considered (and still thought to be by some) the most luxurious and powerful residential building in New York City.

The co-op, on the corner of 71st Street and Park Avenue, has an impressive past.

Built in 1929 by the grandfather of Jacqueline Kennedy Onassis — who lived there as a child — 740 Park has just 31 residences that have commanded some of the highest real estate prices in New York history. John D. Rockefeller, financier Saul Steinberg, and Blackstone founder Steve Schwarzman have all called the building (and in fact, the same opulent apartment) home.

While many of New York's rich and powerful people have decamped to 15 Central Park West and the shiny condos rising along the new "Billionaire's Row" on 57th Street, that won't diminish classic co-ops of the Upper East Side, and 740 Park in particular, says Michael Gross. Gross is the author of "House of Outrageous Fortune" about 15 Central Park West and "740 Park: The Story of the World's Richest Apartment Building."

"I think in the current condo era, [740 Park] represents a previous generation of Manhattan wealth," Gross told Business Insider. "But I think that the cyclical nature of real estate makes it a very good bet that co-ops will have a comeback, and the east side will have a comeback."

740 Park opened its doors in October 1930, in the heart of the depression. It remained a 'financial sinkhole' until the 1980s, when apartment prices rose astronomically.

Source: "740 Park: The Story Of The World's Richest Apartment Building" by Michael Gross



These days, only the wealthiest types are even considered for admission to the co-op. Applicants must be able to show a liquid net worth of $100 million.

Source: "740 Park: The Story Of The World's Richest Apartment Building" by Michael Gross



But wealth isn't the only factor. Barbra Streisand, Neil Sedaka, junk bond tycoon Nelson Peltz, and the billionaire Leo Blavatnik have reportedly been rejected by the co-op board.

Source: "740 Park: The Story Of The World's Richest Apartment Building" by Michael Gross



See the rest of the story at Business Insider

Hundreds Of MINI Owners Are Driving From Coast To Coast [PHOTOS]

$
0
0

7 29 14_Bonneville_Salt_Flats_005

For the past two weeks, MINI owners have been traversing the United States, from San Francisco to Boston, with plenty of stops along the way.

The rally will conclude on Sunday, August 10.

Skateboarding personality and entrepreneur — and MINI owner — Tony Hawk got the festivities started on July 27. According to MINI USA, 350 owners will make the entire ride from the West Coast to the East.

Each participant paid $45 to join in. MINI estimates that the total group could be as large as 1,000 rallyists, plus 100 pets, all taking part in "MINI Takes the States."

So far, the Rally has pulled stopped in Nevada, New Mexico, Texas, Colorado, and Illinois.

Skateboarding legend Tony Hawk got the rally rolling in San Francisco.



A wide variety of MINIs made the run from Nevada to Utah.



Along the way, the MINIs have visited vintage fighter planes.



See the rest of the story at Business Insider

The Best Coffee Shop In Every State

$
0
0

Panther Coffee, FloridaForget Starbucks and Dunkin' Donuts. Every state has its beloved local haunt where you can grab a cup of joe or a foamy masterpiece of latte art and unwind.

We found the best coffee shop in every state by looking at expert reviews and local recommendations.

ALABAMA: O'Henry's Coffees is there to keep Birmingham hyper-caffeinated with its signature Gibraltar Quad Shot: four shots of espresso and a hint of milk.



ALASKA: Jitters is so good it can give you just that, if you drink too much. In a hurry? Grab a coffee from its coffee truck, right in the shop's Eagle River parking lot.



ARIZONA: Cartel Coffee Lab is a great, six-location local chain. Its single-origin coffee is roasted in-house and served with fresh pastries daily.

Cartel Coffee Lab



See the rest of the story at Business Insider

15 Signs It's Time To Break Up With A Wall Streeter

$
0
0

crying toilet banker margin call

Breaking up is never easy. 

But sometimes you just gotta do what you gotta do. This is especially true if your significant other works on Wall Street — and starts to show some very telling warning signs.

We get it. Finance is a demanding job. Your boyfriend or girlfriend might be busy, stressed, stretched to the breaking point, and not be fulfilling all his or her duties as your significant other. But there's a point at which the behavior becomes unacceptable.

To help you out, we've created a list of some common indicators that you're headed for trouble. If your significant other starts exhibiting any of these signs, you'd better run for the hills. 

They start chewing tobacco.

The trading floor is a place where nasty habits go to breed and thrive. Because traders can't smoke there, sometimes they chew tobacco to get the buzz without having to go outside.

This is not OK.



They have only condiments in the refrigerator.

Ketchup is not a vegetable. This is not up for debate.



They use only Wall Street jargon.

Bankers have their own language, and it's all based on money, deals, and trading.

For example: "Upside of going to the Hamptons this weekend is that James is throwing a party at Pink Elephant, downside is that he's inviting my ex."

If your significant other talks like this about ... basically anything, let him or her go.



See the rest of the story at Business Insider

Google Just Added Maps For Mars And The Moon, And The Level Of Detail Is Stunning (GOOG)

$
0
0

google maps mars moon 4

Google on Tuesday quietly introduced a feature on Google Maps that lets you visit Mars and the moon without ever needing to leave your desk chair. 

No, the company didn’t send its Street View cars into outer space, but Google still provides plenty of geographical details about both planetoids you probably weren’t expecting. 

Some of these features were previously available on Google Earth, as 9to5Google's Stephen Hall points out, but this is the first time they're hitting Google's mapping and navigation app for consumers.

The feature is easy enough to use. Simply visit Google Maps, click the “Earth” button in the bottom left corner, and zoom out. Once you see a full view of the Earth, you’ll see two options along the bottom to visit the moon or Mars. From there, you’re free to explore those distant worlds.

We rounded up some of those images to show you what it looks like.

First, click the "Earth" icon in Google Maps.



Now zoom out. You'll need to keep zooming until you see the appropriate options, which aren't there yet...



There! Now that you're zoomed out far enough, the options to visit the moon and Mars will appear in the carousel at the bottom of the screen.



See the rest of the story at Business Insider

Tanned Skin Is So Frowned Upon In China That Women Wear These Crazy Face Masks To The Beach [PHOTOS]

$
0
0

01

When Americans go to the beach, they seem to bring an entire carload of chairs, umbrellas, coolers, tents, and swim toys. In northeastern China, beach-goers bring one other essential item: a “face-kini.”

The mask, which was first used 9 years ago when it was invented by a local, is now used widely at East China Sea beaches in the northeastern city of Qingdao, a popular tourist destination for many Chinese seeking to escape the summer heat. The city is a short plane ride from Beijing and Shanghai.

Many beach-goers wear the masks to protect their faces from tanning and sun damage, which is looked down upon by Chinese as a sign of being a manual laborer.

Photographer Peng Yangjun, of the photographic duo Peng & Chen, recently traveled to Qingdao to photographer the face-covered beachgoers. He shared some photos with us here, but you can check out the rest at his website.

The mask, which has been dubbed the "face-kini" by Chinese netizens, is made of a stretchy fabric similar to what is used in bathing suits.02It has become so popular because Chinese people — middle-class women especially — are notoriously afraid of tanning. Dark skin is equated with being a "peasant" who works in construction or farming. A common Chinese idiom is "Fair skin conceals a thousand flaws."04While the masks were originally intended to protect against sun damage, many have found that they are effective at protecting from jellyfish stings and insect bites.05Most "face-kini" women are middle-aged retired Qingdaoese who swim in the city's oceans frequently. Many of the women say that they wear the masks because they are uncomfortable donning bathing suits in public. The masks shield their identity so that they can swim without fear of ridicule.06While the masks are mass-produced and sold in stores and on beaches for $2-4, many women make the masks by hand using old underwear, clothes, and swimsuits, says Peng. Each handmade one is unique with different textures and colors.08Protecting one's skin against the sun is practically an obsession for many in China. There is a massive industry for skin creams that promise fair skin and numerous beachgoers also wear full-body wetsuits and gloves that rise up the elbow, according to the New York Times. 09

Join the conversation about this story »

These Magnificent Temples Point To How Rich The Mormon Church Is

$
0
0

San Diego Mormon temple

Mormon temples are often built near highways to impress passing drivers with their splendor.

These magnificent structures may be one of many recruitment techniques that helped the Church of Jesus Christ of Latter-Day Saints gain nearly 2 million new followers in the U.S. in a decade — more than any other religion — for a total of 6.14 million, according to the 2010 U.S. Religion Census.

Globally, Mormon temples and meetinghouses are worth an estimated $35 billion, reported Reuters in 2012. They represent the most outward show of wealth for an organization whose finances are secret but thought to be extensive.

A major source of income for the Church is tithes, donations followers are supposed to give that comprise 10% of their income, with other income from other donations, businesses, and properties. Although the federal government doesn't require public financial disclosure from religions in the U.S., a clearer financial picture is provided thanks to disclosures in other countries.

Sociologist Ryan Cragun and Reuters used data from Canada to estimate the Church receives more than $6 billion annually from tithing in America. Throughout the world, the Church is estimated to make $7 billion annually through tithes and other donations.

The Church's major for-profit enterprise is Deseret Management Corporation (DMC), whose subsidiaries bring in $1.2 billion of annual revenue through businesses in journalism, media, insurance, and hospitality, reported BloombergBusinessweek in 2012, though DMC CEO Keith McMullin claimed that estimate was "vastly overstated." 

The Church's for-profit agricultural holding company, AgReserves, and Church-run affiliates own 1 million acres in the continental U.S., containing farms, hunting preserves, orchards, and ranches, along with significant properties overseas. Notably, the Church recently became the largest private landowner in Florida.

The Church also runs for-profit real estate arms that have a hand in residential buildings, office parks, parking lots, shopping malls, and more, reports BloombergBusinessweek.

Dallin H. Oaks, a member of the Church's high-ranking Quorum of the Twelve Apostles, explained in a speech how money can be used in spiritual ways: "If allowed to become an object of worship or priority, money can make us selfish and prideful ... In contrast, if used for fulfilling our legal obligations and for paying our tithes and offerings, money can demonstrate integrity and develop unselfishness. The spiritually enlightened use of property can help prepare us for the higher law of a celestial glory. "

The building and operation of temples is one of the Church's five key activities supported by tithing.

We've pulled together pictures and information on some of the most magnificent Mormon temples. Yes, other religions have some extremely lavish places of worship, but the Mormon church is closing the gap.

Dedicated in 1964, the Oakland, California temple stretches 170-feet high with a reinforced concrete and California white marble exterior, has a 95,000-square-foot floor area, and sits on 18.3 acres. The north and south side of the exterior feature 35-foot sculpted panels depicting holy scenes of Jesus.

Source: LDSChurchTemples.com



Dedicated in 2002, the 54,000-square-foot Nauvoo, Illinois temple’s exterior consists of limestone block from Russellville, Alabama. It is a reconstruction of an earlier temple destroyed by fire in 1848.

Source: LDSChurchTemples.com



Dedicated in 1974, the exterior of the 160,000-square-foot Washington, D.C. temple consists of reinforced concrete and Alabama white marble. The temple sits on a 52-acre site, and its seven floors represent the six days of God’s creation and the seventh day of rest.

Source: LDSChurchTemples.com



See the rest of the story at Business Insider

10 Extremely Wealthy Tech Executives Who Choose To Live Frugally

$
0
0

Pierre OmidyarWhile some tech executives are quick to splurge on yachts and mega-mansions, others aren't so flashy with their riches.

Mark Zuckerberg, for example, drives a $30,000 Volkswagen GTI, while Sergey Brin likes to buy things in bulk at Costco.

We've rounded up 10 tech executives who have made millions or even billions with their companies yet have chosen lives of frugality and charity.

David Cheriton, Stanford professor

Net worth: $3 billion

Cheriton, a professor at Stanford and cofounder of Arista Networks, became one of the first investors in Google after Larry Page and Sergey Brin did a demo of their project on his front porch in 1998. That initial $100,000 check has obviously paid off, but Cheriton dislikes the thought of being a billionaire.

"I'm actually quite offended by that sort of thing," he told the Edmonton Journal in a 2006 interview. "These people who build houses with 13 bathrooms and so on, there's something wrong with them."

He drives a 1986 Volkswagen Vanagon, has lived in the same Palo Alto home for the past 30 years, cuts his own hair, and even claims to reuse his tea bags. He did, however, splurge on a Honda Odyssey for his kids back in 2012.



Charlie Ergen, chairman of Dish Network

Net worth: $16.3 billion

Ergen is notorious for being a frugal leader and micromanager — up until about 10 years ago, he insisted on signing every check that came out of Dish. 

He packs a lunch of a sandwich and Gatorade before work every day, and until recently, he shared hotel rooms with colleagues during travel.

"My mom grew up in the Depression," he told the Financial Times. "I don’t have a mahogany desk."



Pierre Omidyar, founder and chairman of eBay

Net worth: $8.1 billion

Omidyar became a billionaire when eBay went public in 1998, but he never thought spending all of his money would be satisfying. 

"We sort of skipped the 'regular rich' and we went straight to 'ridiculous rich,'" he said to Forbes. "I had the notion that, OK, so now we have all of this wealth, we could buy not only one expensive car, we could buy all of them. As soon as you realize that you could buy all of them, then none of them are particularly interesting or satisfying."



See the rest of the story at Business Insider

22 Quotes That Take You Inside Albert Einstein's Revolutionary Mind

$
0
0

AP98011601281

Back in 1904, a 25-year-old Albert Einstein would spend his afternoons pushing a stroller. 

You could find him "wheeling a baby carriage on the streets of Bern, Switzerland, halting now and then, unmindful of the traffic around him, to scribble down some mathematical symbols in a notebook that shared the carriage with his infant son, also named Albert,"the New York Times wrote in its obituary of the great scientist.

"Out of those symbols came the most explosive ideas in the age-old strivings of man to fathom the mystery of his universe," the Times added.

In his lifetime, Einstein would change the world, describing the workings of reality better than anyone since Isaac Newton and revealing the capabilities of the atom bomb. 

In time, Einstein's name has become a byword for genius.

Here's the genius, in his own words.

On authority

"Nature shows us only the tail of the lion. But there is no doubt in my mind that the lion belongs with it even if he cannot reveal himself to the eye all at once because of his huge dimension."

["The Curious History of Relativity"]



On scope

"The only way to escape the corruptible effect of praise is to go on working."

[Smithsonian, February 1979]



On politics

"I am by heritage a Jew, by citizenship a Swiss, and by makeup a human being, and only a human being, without any special attachment to any state or national entity whatsoever."

["The Yale Book of Quotations"]



See the rest of the story at Business Insider

Here's How All 50 State Economies Are Doing, Ranked From Slowest To Fastest

$
0
0

apple pie louisville slugger baseball bat american flag

Now that the recovery appears to finally be taking hold, Business Insider decided to see how that recovery was being felt across the country.

We ranked each state on how eight economic measures have grown or shrunk in recent years: the unemployment rate, the number of non-farm payroll jobs, gross domestic product, average wages, the working age (18-64) population, value of international exports, house prices, and auto sales.

Check out how we made the ranking here.

50. Alaska

The petroleum sector is a major part of the Alaskan economy, but many of Alaska's oil deposits have been depleted over the years. This depletion has dropped the state's crude oil production to fourth place. Other major employment sectors include the federal government and the fishing and tourism industries. Here's a bit more about Alaska:

  • Alaska was one of the few states that actually lost payroll jobs between June 2013 and June 2014.
  • Wages decreased by .41% from 2012 to 2013.
  • And the GDP decreased by 2.5% in 2013, the worst among the states.


49. Vermont

The major industries in Vermont include tourism — with a focus on skiing and snowboarding — and dairy. Additionally, Vermont is a major leader in the maple syrup production industry. Here's how Vermont fared in our measures:

  • Vermont saw a 1.1% decrease in wages between 2012 and 2013.
  • The GDP increased by 1.9% during 2013.
  • The unemployment rate fell from 4.4% in June 2012 to 3.5% in June 2013.
  • Housing prices dropped by 2.7% between Q1 2013 and Q1 2014, by far the largest drop of any state.


48. New Mexico

New Mexico has major petroleum and natural gas deposits in the northwest and southeast corners of the state. Plus, agriculture and mining are other major sectors. Additionally, the healthcare industry employs the "largest percentage of New Mexico's workforce."

  • New Mexico saw a 1.2% increase in wages from 2012 to 2013.
  • GDP grew by 1.5% during 2013.
  • And the auto sales per dealer increased by 1.8% from 2012 to 2013.


See the rest of the story at Business Insider

15 Everyday Objects That Have Been 'Enchanted' By Technology

$
0
0

4674922641_1e3d811029_o

Inventor and M.I.T. Media Lab researcher David Rose coined the term "enchanted objects" to describe ordinary objects with extraordinary functions. 

These objects are not only fun but also may hold the key to a better way for humans to use new technology — as opposed to what Rose considers a bleak future in which every tool will be crammed into a computer screen.

Rose, whose gadget-filled home was recently featured in The New York Times, has a new book called, "Enchanted Objects: Design, Human Desire, and the Internet of Things."

We've compiled 15 of the coolest enchanted objects currently in existence. Many of these aren't available on the market yet, but they offer a glimpse into what the future has in store. 

The Vitality GlowCap reminds you to take your medications by lighting up, making chirping sounds, and eventually sending you a text message. You can share your medication data with a remote loved one, a professional caregiver, and your pharmacy.

Not widely available.



The Ambient Umbrella has a handle that will glow if snow or rain is in the forecast, reminding you to grab it on your way out the door.

Not widely available.



The Google Latitude Doorbell, created at the MIT Media Lab, chimes a tune when a family member is approaching the house. Each family member has their own tune.

Not widely available.



See the rest of the story at Business Insider

The World's 50 Best Business Schools

$
0
0

The World's Best Business Schools 2014_2x1Is an MBA that costs two years of your life and $150,000 really worth it?

With increasing global competition and a tough job market, business school may hold the key to getting ahead — if you go to the right one.

For our fifth annual survey of the World's Best Business Schools, we asked thousands of professionals from around the world who have experience hiring MBAs to determine the best business school. They came back with a clear favorite: Harvard University.

Survey participants rated the reputation of the graduates from top business schools around the world on a scale of poor to excellent (1 to 5), with excellent ratings used as a tiebreaker. We included responses only from professionals who said they had experience hiring MBAs at least half the time, as well as other filters to optimize our survey pool.

Click here to see a full analysis of the survey results >

Click here to see a map showing the top 25 schools >

In addition to the usual top American schools, international institutions like the London School of Economics (#8), London Business School (#9), Oxford (#13), and INSEAD (#15) placed in the top 15.

#50 George Washington University (School of Business)



#49 Thunderbird School of Global Management

Rated 2.44 out of 5 for graduate reputation. 

Location: Glendale, Arizona

Tuition and fees: $79,027 (cost of whole degree)

More than 40,000 people around the world call themselves T-Birds, as Thunderbird School of Global Management graduates refer to their own. Although the school dropped in the rankings from No. 41 this year, it continues to rank highly for the internationalism of its alumni network.



#48 The Chinese University of Hong Kong (CUHK Business School)

Rated 2.45 out of 5 for graduate reputation. 

Location: Hong Kong

Tuition and fees: $73,575

CUHK Business School launched its MBA program in 1966, becoming the first of its kind in Asia. This school is a newcomer to our list, even though it was ranked No. 27 globally by The Financial Times.

Nearly one in 10 survey participants who rated CUHK Business School marked it as very good.



See the rest of the story at Business Insider

Every Guy Should Own A Navy Blazer — Here's How To Wear One

$
0
0

brooklyn tailors twill navy blazer

Every man should own a navy blazer.

It’s a closet staple that goes with absolutely everything. The problem is that some men just don’t know how to style one, and stick to pairing their blazer with a boring white button down and khakis.

But a navy blazer can be so much more.

We reached out to the senior stylists at Bombfell, a monthly personalized clothing subscription site, to help us put together four looks that all centered around a Brooklyn Tailors Italian navy wool jacket (above).

Keep reading to see the outfits, how to wear them, and where to buy them.

1. The Navy Suitbusiness navy blazer outfit bombfell

(Shirt: Z Zenga Poplin Shirt, $281; Tie: Gitman Brothers Silk Tie, $115; Pants: Brooklyn Tailors Navy Trousers, $285; Suspenders: Ben Sherman Classic Braces, $25; Tie Clip: In God We Trust Rifle Tie Clip, $50; Shoes: To Boot New York Medford, $395; Belt: Coach Dress Weston Reversible Belt, $148)

Dubbed “The Rainmaker” by Bombfell stylists, this outfit is a must-have for every businessman. The coordinating trousers* turn the blazer into a full suit, and the crisp white shirt and dress belt are classic pieces.

To amp up the look, the stylists added suspenders, a striped power tie, gold tie bar, and trendy double buckle shoes. Wear this for big meetings, weddings, and days when you just want to feel powerful.

(*Tip: When you buy a navy blazer, buy the matching dress pants that go with it — no other navy dress pants will match as well, and you should only pair these with your blazer.)

2. The Dressed Down Blazerhappy hour navy blazer outfit bombfell

(T-shirt: Velvet by Graham & Spencer Whisper Tee, $59; Jeans: dl1961 Russell Tribute Jean, $168; Flask: Izola Salut! Flask, $24; Shoes: Tods Gommino Driving Shoes, $425; Belt: Maker & Company Crios Washed Cotton Belt, $38)

If you work in a startup environment but have a meeting with a client or investor, try your signature work uniform (comfy jeans, t-shirt) topped with a navy blazer.

The Bombfell stylists added driving shoes — not sneakers — to make the outfit feel more grown-up and threw in a belt for a pop of color. They also told us if you were going for a “happy hour comfort” vibe, you could bring along a fun flask in your lapel pocket. 

If it’s cold, add a hoodie under the blazer for a comfortable, relaxed look. 

This look is also tailor-made for dates, parties, and anywhere you want to look great, but still dressed down.

3. Casual Fridaycasual navy blazer outfit bombfell

(Shirt: Ben Sherman Gingham Long Sleeve Shirt, $84; Chinos: Corbin Retro-Fit Trousers, $164; Watch: Timex Weekender Watch, $33; Shoes: Sperry Top-Sider Boat Shoes, $150; Belt: L.L.Bean Braided Leather Belt, $45)

If your office is into Casual Fridays, throw on a relaxed button down and chinos topped with a blazer. You’ll feel comfortable all day, and will still look office appropriate.

The braided leather belt, boat shoes, and weekender watch the stylists included are casual enough without making you look like you didn’t try at all.

This outfit will also serve if you’re meeting the parents or attending a work BBQ — casual, professional, and put-together.

4. Preppy Guy Stylepreppy navy blazer outfit bombfell

(Shirt: French Connection Plain Polo, $48; Shorts: Johnnie-O Poplin Shorts, $54; Sunglasses: Persol Round-Frame Sunglasses, $310; Shoes: Converse Jack Purcell Leather, $70; Belt: J. Campbell Suede Belt, $89)

This “lunching at the club” look may be too preppy for some readers, but it shows how versatile the navy blazer truly is. This dressed-up day outfit includes a crisp polo tee, colorful shorts, white sneakers, sunglasses, and a navy suede belt.

And for those wondering if you can wear shorts with a blazer, yes you can — the short suit is back in style, and has always been a go-to country club look. 

For the gentleman who also enjoys a round of squash, this is the outfit for you.

Final Tips:

-Neverwear clashing navy pants with your navy blazer. If you're going to wear navy pants, make sure they are the same brand and color as your jacket.

-Do play with different colored bottoms, as long as they're not navy or black (you'll look like you're wearing a mismatched dark suit). Light khaki, olive green, gray, brown, or even light blue trousers will look professional if styled correctly.

-Any color dress shoes go well with navy, from black to Merlot. 

-Be creative with the color of your shirt. We chose white or neutral colored shirts for these outfits, but aside from aa= navy or black shirt, almost any contrasting color (or pattern!) will do.

-Always, always, always get your jacket tailored. Otherwise, what's the point?

SEE ALSO: A Gentleman's Guide To Looking Smart At Every Kind Of Wedding

DON'T MISS: Inside The Brooklyn Factory That Makes Suits For America's Most Powerful MeN

DON'T FORGET: Follow Business Insider's Life on Facebook!

Join the conversation about this story »

The 15 US Cities Where Poverty Is Soaring Fastest

$
0
0

Austin Texas

Southern poverty has grown in an extreme way within America's post-recession landscape, according to a new report from the Brookings Institution.

Of the 15 metro areas where poverty is expanding at the greatest rates, nine are located in the South, with four in North Carolina and another three in Florida.

Metro areas include cities and their surrounding suburbs, where poverty has been expanding fastest.

The Brookings report analyzes the poverty levels in metro areas, examining the change between 2000 and the period of 2008-2012, which includes an average from a five-year Census estimate and shows the effect of the recession.

Business Insider previously looked at the Brookings report to see which U.S. cities had rapidly expanding poor neighborhoods. This analysis looks at the metro areas that saw the biggest overall increases in poverty. To do so, we ranked metro areas based on the change in poor population from 2000 through the 2008-2012 average.

For the year 2013, the Census set the poverty level at $12,119 for a single person under the age of 65 and $24,028 for a family of four.

10 (tied). North Port, Florida

77% growth in poor population

50,921 — Poor population in 2000

90,285 — Average poor population from 2008-2012

Sarasota County, home of North Port, has experienced a major spike in poverty since the start of the recession, particularly for those under 18, the Sarasota Herald Tribune reported in 2011, citing its own analysis of Census data. That analysis found the poverty rate jumped to 13.1% from 8.1% between 2007 and 2010. 

Based on a Brookings report comparing 2008–2012 to 2000.



10 (tied). Greensboro-High Point, North Carolina

77% growth in poor population

65,798 — Poor population in 2000

116,501 — Poor population average from 2008-2012

The percentage of poor people living in Greensboro — home of several universities including Guilford College and a branch of the University of North Carolina — is nearly 19%, higher than both the state and overall U.S. level.

The city and its surrounding areas are part of the 12th Congressional district, which saw the nation’s biggest increase in suburban poor people between 2000 and 2011, according to a previous Brookings Institution report that the Raleigh News & Record reported on last year.

Based on a Brookings report comparing 2008–2012 to 2000.



9. Orlando, Florida

81% growth in poor population

169,317 — Poor population in 2000

307,240 — Average poor population from 2008-2012

Orlando — a city many associate with the "happiest place on earth," Disney World — has more than 18% of its residents living below the poverty level compared with 15.6% for the state. In 2011, the Florida Center for Investigative Reporting found the number of kids in Orlando living in poverty had spiked 50% since before the recession.

Based on a Brookings report comparing 2008–2012 to 2000.



See the rest of the story at Business Insider

Take A Look At The Ridiculous Clothing Line Apple Released In The '80s

$
0
0

apple clothing lineApple might be known for its minimalistic aesthetic now, but there was a time when that wasn't true. 

Back in 1986, Apple released a clothing line it called "The Apple Collection," filled with oversized sweatshirts, windbreakers, and obnoxiously bright patterns. 

It's hard to imagine that black-turtleneck aficionado Steve Jobs would have approved of these clothes — the catalogue was released a year after he left the company.

Laura Stampler contributed to this story. 

The vibe of the catalogue is very different from Apple's current aesthetic.



Rather than sleek minimalism, these looks scream color.



And it definitely seemed to be targeting a preppy demographic.



See the rest of the story at Business Insider

10 Things We Know So Far About 'Batman V Superman'

$
0
0

batman ben affleck batman v supermanFor a long time it was said that Warner Bros. and DC Comics were prepping a "Justice League" movie for release in 2015. Seemingly a reaction to the incredible success of Marvel’s "The Avengers," it looked as if we were finally going to see heroes like Superman, Batman, Wonder Woman, Green Lantern, and The Flash unite on the big screen in live-action for the first time. 

That’s no longer the case. After months of reports, rumors, and speculation, the dream of a 2015 "Justice League" movie fell apart. But in its place, rising from the ashes like a phoenix, is an entirely different project for comic book fans to be excited for: a Superman/Batman movie in 2016. 

The film has been officially titled "Batman v Superman: Dawn of Justice," and, collecting all of the news that has come out since the new movie — and sequel to Man of Steel — was announced, we've broken down absolutely everything we know about the project thus far. When is the movie coming out in theaters? Who is directing? Who will star? What’s the story going to be about? 

Everything you need to know about 'Batman V Superman' >

Zack Snyder Is Directing, and David Goyer Is Writing

Given that "Man of Steel" made more than $660 million worldwide, there was very little chance that director Zack Snyder and screenwriter David Goyer would not return for the sequel, and that assumption was proved true when "Batman v Superman: Dawn of Justice" was announced at Comic-Con 2013 with Snyder directing and working with Goyer to develop the story.

While Goyer wrote the original drafts of the screenplay, eventually Academy Award-winning Argo screenwriter Chris Terrio picked up the pen. Production has begun, with the finished product scheduled hit theaters on May 6, 2016. What's more, Snyder is also now officially attached to direct a coming "Justice League" movie, which "Batman v Superman" will directly lead into. 



The Story Has Batman Taking On The Man Of Steel

When Warner Bros. announced that it would be moving forward with a Superman/Batman movie, it did not include a plot synopsis — but the title does provide an interesting hint. While we expect that the duo will end up fighting for the same side by the end of the story, the title of the film suggests that the Dark Knight and the Man of Steel will be starting as enemies.

In the footage shown at San Diego Comic-Con 2014, it was suggested that the Man of Steel had as big a beef with the Caped Crusader as the latter does with the former — but the reasoning is still unclear. How the story will deal with all of the major supporting characters also remains a mystery.



Superman May Be Dealing With The Issues Of 'Man Of Steel'

Following in the footsteps of Marvel Studios and starting to build a larger cinematic universe, Warner Bros. is making "Batman v Superman" both to introduce a new take on the Caped Crusader and to build on what has already been established with the Man of Tomorrow.

As was expected, Henry Cavill will return to play Clark Kent/Superman and will continue to learn how to live up to his destiny while also trying to find his place on Earth with humanity. Something tells us that the hero will probably also have to deal with the fact that "Man of Steel" not only had him killing his enemy, General Zod, but also leveling half of Metropolis in the battle.



See the rest of the story at Business Insider

The 20 Best College Campuses In The US

$
0
0

Best College Campuses 2014

For most students, the college experience is not limited to their time in the classroom. Much of what a school has to offer can be found on its campus — from great libraries to standout career services to, simply, beautiful surroundings.

We looked at 11 campus-related categories from The Princeton Review's 2015 college rankings to determine which colleges offer the best campus experiences.

Click here to read our complete methodology.

There was no discernible connection between the colleges that came out on top, as they represented everything from Ivy League universities to small liberal arts colleges to technical schools. Perhaps more telling of the list's diversity is that each one of our top five schools came from a different area of the country.

Whereas last year's ranking included half of the Ivy League, this year only two members cracked the top 20. Several schools made the list for the first time, and Franklin W. Olin College of Engineering, ranked no. 6 last year, earned this year's top spot. Although Olin College didn't rank no. 1 in any individual category, its high placement in several categories — including Best Quality of Life, Best Career Services, and Best Dorms — earned it the outright top spot.

#20 Northeastern University

Boston, Massachusetts

Northeastern took home the top spot in the career services ranking because of its unique co-op program. The program allows students to work in real world, professional settings during the semester for credit as an undergraduate. 

Located in the heart of downtown Boston, the school also fared well in the City Gets High Marks list.

Source: The Princeton Review. To learn more about our methodology, click here. 



#19 Vassar College

Poughkeepsie, New York

The liberal arts college has a student body under 2,500 total students, but still managed to rank in the top ten of Princeton Review's best college library ranking. 

Founded in 1861 as an all-women's college, Vassar began admitting male students in 1969. Today, approximately 56% of the student body is female.

 Source: The Princeton Review. To learn more about our methodology, click here.



#18 Tulane University

New Orleans, Louisiana

Located in the heart of New Orleans, Tulane ranked second in Princeton Review's City Gets High Marks ranking and sixth on the Quality of Life ranking.

The 110-acre campus sits along the oldest streetcar line in the country, and the historic St. Charles streetcar makes the four mile trip into the downtown and French quarters of New Orleans easily accessible. 

Source: The Princeton Review. To learn more about our methodology, click here.



See the rest of the story at Business Insider

HOUSE OF THE DAY: Kim Kardashian And Kanye West Dropped $20 Million On A Sprawling Mansion In LA

$
0
0

Kimye house Photoshop

Kim Kardashian and Kanye West are officially moving out of Kris Jenner's house and into a $20 million home of their own five minutes away from Kim's mom in the hills of Calabasas, according to Zillow.      

The 8,000-square-foot French country-style home, formerly owned by Lisa Marie Presley, includes eight bedrooms, 10 bathrooms, two swimming pools, two spas, and even a vineyard on its three acre property.   

"I am so ready to be out of my mom's house, you have no idea," Kim told People magazine this week. "We wanted to be away and have more privacy ... but it will be nice to still be close." 

Kim Kardashian and Kanye West bought an $11 million mansion last year in Bel-Air — but decided to sell it because they wanted more space. Now, the couple are reportedly in contract to buy this $20 million home.

 

 



The 8,000-square-foot estate is located on 3 acres of land in Hidden Hills — right down the street from Kim's mom's house, where the couple had previously been staying with baby North.



The home — which boasts a very grand entrance —was previously owned by Elvis' daughter, Lisa Marie Presley.



See the rest of the story at Business Insider

What The Abandoned Venues From The Athens Olympics Look Like 10 Years Later

$
0
0

2004 athens olympics venues 35

Ten years later, the 2004 Athens Olympics is a cautionary tale.

Greece spent an estimated $11 billion on the Games, Reuters reports. They built all the expensive, highly specific buildings you need to host the Olympics — a village, a media center, an Olympic stadium, a canoe/kayak slalom center, etc. — and went 97% over budget in the process.

When the athletes went home at the end of August 2004, organizers learned a cruel lesson — Athens has absolutely no use for a canoe/kayak slalom center.

Many of these stadiums have become white elephants. The Olympic Village is empty, and the venues for softball, beach volleyball, and kayaking are all overrun with weeds.

With the IOC now struggling to find countries with enough money to waste on the Olympics, 2004 might be viewed as the last Olympics of an era when democratic nations saw the games as a worthwhile investment.

The beach volleyball center, where weeds are growing through the sand.



7,000 people watched Misty May and Kerri Walsh win gold here in 2004.



The practice courts outside the stadium are also overgrown.



See the rest of the story at Business Insider

11 Companies That Shaped The Modern World

$
0
0

Mcdonalds

Capitalism's only existed for 500 years or so. 

In that time, some businesses have shaped human society more than others, whether by subjugating continents and controlling commodities or giving us microwaves and cheeseburgers.

Here are a few of the ones that have shaped our modern world.

1600: The British East India Company ruled much of the globe.

At one point in history, the British East India company accounted for half the world's trade, mostly through dominating the spice trade.

Other items on the state-sanctioned company's resume: It began the British domination of India and started the Opium Wars in China. 

The results were truly historic, Asia Times reports

In 1700, India and China accounted for 47% of world gross domestic product while Western Europe's share was a mere 26%. By 1870, the Asian giants slumped to a combined 29% of world GDP and Western Europe leaped to 42%. The East India Company was the primary device for this reversal of world scales.

The British East India Company also helped shape the U.S. The British Parliament signed the Tea Act in 1773 to get rid of the millions of pounds of tea that the East India Company had stored in its warehouses by selling it to the American colonies, where they had a monopoly on tea.

Vexed by the taxation without representation, the colonies promptly held a Boston Tea Party.

You know the rest.



1853: The Otis Elevator Company made the modern city possible.

In 2008, for the first time in human history, the majority of people lived in cities.

If cities are to grow denser — that is, taller — they need elevators.

The company that made elevators friendly is called Otis, founded by the American industrialist Elisha Otis.

"Before Otis' invention, buildings rarely reached seven stories (elevators were considered just too dangerous to implement),"ArchDaily writes."But it was Otis' elevator that would allow for the creation, and proliferation of, the skyscraper — an explosion that would for ever alter the 20th and 21st century skylines."

Thanks to Otis, our biggest cities are stuffed with skyscrapers:

• Hong Kong has 1,268

• New York has 595

• Tokyo has 411

• Chicago has 293

• Dubai has 249

Bonus fact: The world's tallest building, the 2,722-foot-tall Burj Khalifa in Dubai, runs Otis elevators



1870: Standard Oil controlled the world's most precious resource.

John D. Rockefeller cofounded Standard Oil in 1870. He'd become the richest American in history, with an estimated net worth of $440 billion

The money came from leading a monopoly of the most valuable commodity in the world. By the 1880s, Standard Oil controlled the refining, distributing, and the rest of the oil industry

On May 15, 1911, the Supreme Court broke up Standard Oil, on the grounds that the mega-corporation violated the Sherman Antitrust Act. The result was 34 separate companies, with descendants including ExxonMobil, Chevron, and ConocoPhillips.

That breakup is a big part of the history of journalism, since it was hastened by muckraker Ida Tarbell's mammoth "The History of the Standard Oil Company."



See the rest of the story at Business Insider
Viewing all 61683 articles
Browse latest View live




Latest Images