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Everything we know about the mysterious car startup that could rival Tesla

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Faraday Future

We are beginning to get a clearer picture of what Faraday Future, the secretive electric car company, has up its sleeve.

While the startup is still in stealth mode, it has recently started sharing select details about its future plans and has made some pretty interesting revelations. 

Here's a look at everything we now know about the company and its long-term plans.

It has over 400 employees and has poached talent from BMW, Tesla, and more.

The company has quietly recruited a team of 400 employees and expects that to number to grow to 500 by the end of the year.

While the company has recruited from a variety of different fields, it has poached quite a few employees from other automakers including Tesla, BMW, Audi, and Ferrari. 

In fact, four of the five people on its leadership team are former Tesla employees.

Nick Sampson, Faraday’s vice president of research and development, is a former Tesla executive and the company’s head of design Richard Kim lead the design of BMW’s i3 and i8 concept.



It’s investing $1 billion in a factory in the US to build its cars.

The company announced in early November that it plans to invest $1 billion in a factory in preparation to begin building its cars by 2017.

It has not yet revealed the exact location of the factory, though it has narrowed the selection down to four states: California, Nevada, Louisiana, or Georgia.



It will reveal its concept car in January and aims to have cars on the road by 2017.

On Thursday, the company announced that it would reveal its concept car at CES, an annual technology conference hosted in Las Vegas.

While Faraday will likely only reveal one car, Sampson said in a recent interview with The Verge that long term, the company plans to roll out a range of different vehicles.

The company plans to have vehicles on the road by in as little as four years, but it is already testing one of its concept cars on the road in California.



See the rest of the story at Business Insider

The 10 science stories of the week that you don't want to miss

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It's hard to follow all of the big science news day-in and day-out.

But at Tech Insider, that's our job: to bring you the most interesting and important developments in research, current events, and the science of everyday life.

This week we dug into the alarming chemistry of a bomb ingredient used in the Paris attacks, explored the dangers of sulfur mining, and vicariously toured the world's largest solar farm.

Keep scrolling to see 10 more highlights on the best science stories of the past week.

Surgeons in New York announced that the most complex face transplant to date was a success.

Read more: Firefighter receives first successful face transplant in New Yorkr



Hawaii voted (again) to temporarily stop construction of the enormous Thirty Meter Telescope on Mauna Kea, a dormant volcano that some Hawaiian natives consider sacred.

Read more: This giant telescope may taint sacred land. Here's why we should build it anyway.



The military said it performed an unarmed nuclear "gravity bomb" test in Nevada. It's being billed as part of an effort to reduce the US nuclear weapons stockpile.

Read more: The Air Force just tested an $8.1 billion nuclear 'gravity bomb'



See the rest of the story at Business Insider

This recreation of 'Super Mario 64' in 'Minecraft' will blow your mind

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Ever wonder what the main castle from Nintendo 64 gaming classic "Super Mario 64" would look like if it were lovingly re-created in the latest version of "Minecraft?"

Two fellows who play "Minecraft" teamed up to take on the challenge:

Minecraft Mario 64

The results are stunning.

This aerial shot is a taste of the incredible detail you'll find inside.



Upon closer inspection, you'll notice the iconic stained glass featuring Princess Peach.



It is her castle after all.



See the rest of the story at Business Insider

How I became a millionaire in 10 years without winning the lottery or picking stocks

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rootofgood monte alban mexico

Financial voyeurs of the world, rejoice! I dug out all our old tax returns, pay stubs, and my net worth spreadsheet to pull together the story of our ten year journey from nearly zero net worth to millionaire status (and early retirement).

This post answers a lot of questions like: How much did we earn? Did we have six figure incomes all of our careers? Did we work for a start up and make a million when our employer went IPO? Did we get lucky picking stocks?

SEE ALSO: I just became a millionaire at age 35, and it's a huge letdown

Year 1

Our story starts in 2004, a period in ancient times before the launch of YouTube. This is the year I graduated from law school and started what would be my job for the next seven years (in engineering, not law). My starting salary at a small engineering consulting firm was $48,000.

The salary negotiation was bizarre. The president of the company asked me what I would like to make. I asked for $42,000 (since I had a job already lined up elsewhere for $36,000). He countered with “does $48,000 work for you?” I spent about two seconds trying to figure what the trick was before suppressing a smile and responding with “yes, that will be acceptable.” The vice-president’s dumbfounded sideways glance at the president sticks with me even today.

Mrs. RoG (named after my blog, Root of Good) was still in law school at the time. Like me, she never worked as an attorney. In 2004, we owned a rental condo that was previously our primary residence in a nearby city where I attended law school. We had just purchased our new primary residence — a house in Raleigh.

We had some investments slowly accumulated during college and graduate school plus a fledgling 401k from a couple years of Mrs. RoG’s employment between undergrad and grad school (at a salary of $24,000 to $34,000). I guess we were the weird ones that graduated college with a positive net worth (in spite of six figure college loans).

By the end of 2004, we maxed out our IRAs, I contributed what my company allowed to a 401k, and we added to our taxable accounts. In total we added about $15,000 to our investment portfolio in 2004, bringing the portfolio balance to $64,000. We didn’t start Year 1 with zero dollars, but it makes sense to start when I graduated college since that is when our earnings picked up dramatically.

If you’re really interested in my career before my first post-college job, check out "From Paper Boy to Engineering Manager to Early Retiree."



Year 2

2005 was a year of big changes for us. Our first child was born in the spring right before Mrs. RoG finished law school. After graduating and spending most of the year caring for our daughter, Mrs. RoG decided to get a job. Her starting salary of $38,000 per year was pretty average for her field, and she was eligible to receive overtime pay. The company offered really good benefits like nearly free family health insurance that would save us a lot of money over the next decade.

Mrs. RoG only worked six weeks in 2005 and pulled in $5,000. I received a small raise to $49,000.

During the year, we sold our rental condo and put the proceeds into our investment portfolio. We also completed a cash out refinance on our primary residence that generated a lot of cash because we purchased the house from the City at a discount of $30,000 from fair market value. These real estate moves helped us add $101,000 to our investment portfolio during the year even though we only earned $54,000 from working.

Our portfolio ended the year at $183,000 with $18,000 in gains for the year. At some point during this year I realized we would be able to save a significant part of our incomes every year and it was a mathematical fact that we would have enough to retire comfortably one day. I thought our “magic number” needed to retire was well over $2 million and it would take at least 20 years to hit that number.

I also discovered the Early-Retirement.org forums this year, which helped crystallize in my mind the concept of early retirement as a thing that people aim for in an intentional manner, instead of something that randomly happens as a result of saving massive piles of money.



Year 3

In 2006, we had another kid. Mrs. RoG’s swanky job offered three months of paid maternity leave plus the option to take two more months of unpaid leave. Since we weren’t even spending my whole paycheck at the time, Mrs. RoG was able to take off five months. In spite of not getting paid for two months, she still made $40,000 during the year due to overtime and bonus.

I rode the boom time wave at my job, snagging two raises to bring my salary to $55,000.

We kept maxing out our 401ks and IRAs throughout the year and picked up company matches in the process. Including the 401k matches, we contributed $75,000 to our investments during Year 3.

The portfolio ended the year at $295,000 which includes $37,000 in investment gains during the year.



See the rest of the story at Business Insider

How entomologist Phil Torres turned his love of bugs into Instagram fame

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It can be difficult to get people to care about science — especially entomology, the study of insects.

But entomologist and Instagrammer Phil Torres has succeeded in getting over 21,000 people to follow him on Instagram as he travels to the Amazon, the Arctic, and everywhere in between.

He also hosts his own show about science for Al Jazeera America. Keep reading to see how Phil Torres became one of Instagram's most popular scientists.

Torres knows how to get people interested in insects. In this photo, he explains how honeys relate to the alcoholic drink mead.

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And he's pretty fearless. Not many people would let this massive amblypygid, or whip spider, touch their face.

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His fun, relatable nature and his job at Al Jazeera America have helped him grow his Instagram account to 21,000 followers.

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See the rest of the story at Business Insider

23 uncommon gifts for the science-lover in your life

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Are you unsure what to get the science-lovers in your life?

Or maybe you're one yourself who always gets stuck with unsophisticated gifts?

Good news! The science team at Tech Insider has compiled a 2015 gift guide for science-lovers by scouring the web for stuff we'd add to our own lists, plus some help from the science-themed products site GeekWrapped.

Keep scrolling to see our 23 top picks of 2015.

This dino will transport any bathroom to the Cretaceous period.

This 3D-printed dino head will spice up any shower. 

They print them to order with a MakerBot, so you can get any color you want — including glow-in-the-dark! 

$24.99 on Etsy



Raise a glass to radioactivity.

These coasters of radioactive elements light up when you put your drink on them — batteries included!

A set of four has the elements radium, plutonium, uranium, and thorium, but don't emit real radiation, of course. 

$19.99 on ThinkGeek 



Microscopes can fit in a pocket now.

Sometimes you need to do look close — really, really close — at that leaf, bug, or piece of fabric. 

This tiny extension magnifies your phone'scamera by 60X-100X, and it has a light so you can illuminate your specimens. 

The product is compatible with iPhone 6/5, Samsung Galaxy S5/S4/S3, and Samsung Note 2/3/4. It even has a leather carrying case to store your mini microscope in style. 

$11.99 on Amazon 



See the rest of the story at Business Insider

What 21 highly successful people were doing right out of college

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elon musk

The first few years after college can be the launching pad for the rest of your career — it's why successful people often advise young people to start doing what they love as soon as they can.

But while some tech geniuses and business tycoons took this route to success, finding the optimal career path right away is easier said than done for many, and others found career bliss many years down the road.

To show that no two paths to success are alike, here's what 21 highly successful people were doing right out of college.

Aaron Taube contributed to an earlier version of this article.

SEE ALSO: The 13 best jobs for people who don't want to work a lot

DON'T MISS: The 27 jobs that are most damaging to your health

Steve Jobs dropped out of college, but kept learning.

The Apple cofounder dropped out of Reed College, an elite liberal arts school in Portland, Oregon, where he started doing lots of LSD and learning about spirituality, after six months, according to "Steve Jobs" by Walter Isaacson.

Jobs said he didn't see the value in paying for an expensive college when he didn't know what he wanted to do. But his edification didn't end when he dropped out.

For the next 18 months, he would sleep on the floor in friends' rooms, live the bohemian lifestyle and return soda bottles for spare change, and drop in on the creative classes he wanted to take at Reed College, like calligraphy.

"If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts," Jobs said during his commencement address at Stanford in 2005. "And since Windows just copied the Mac, it's likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do."

 

 

 



Marissa Mayer became Google employee No. 20.

At 24, fresh out of grad school, Mayer became the 20th Google employee and the company's first female engineer. She remained with the company for 13 years before moving on to her current role as CEO of Yahoo.

Google didn't have the sorts of lavish campuses it does now, Mayer said in an interview with VMakers, "During my interviews, which were in April of 1999, Google was a seven-person company. I arrived and I was interviewed at a ping pong table which was also the company's conference table, and it was right when they were pitching for venture capitalist money, so actually after my interview Larry and Sergey left and took the entire office with them."

Since everyone in the office interviewed you in those days, Mayer had to come back the next day for another round. 



Albert Einstein was unemployed.

Einstein spent his first two years out of the Swiss Federal Polytechnic School in Zurich without a full-time job, in large part because the professors whose classes he cut refused to recommend him for teaching posts, Bio reports.

Though Einstein's degree was for teaching physics and math, his first job came when his friend Marcel Grossmann hooked him up with a clerking job at the Swiss patent office in 1902.



See the rest of the story at Business Insider

The fast-rising career of ‘Legend’ star Emily Browning

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emily browning

Emily Browning holds her own next to Tom Hardy in "Legend," the biopic about the English gangsters the Kray twins, out this weekend.

Browning portrays the complex Frances Shea, Reggie Kray's first wife, showing the troubled relationship that led to Shea's death. She also serves as the film's narrator, depicting the twisted and violent lives of the Kray twins through her own eyes.  

The 26-year-old actress first made her debut back in her native Australia when she was 10, appearing in a Hallmark movie. 

You might recognize her as Violet Baudelaire in "Lemony Snicket's A Series of Unfortunate Events." She was 14 when she nabbed that role. She briefly took a break from acting to finish school and returned in 2009. Since then, she's appeared in numerous films, including "Sucker Punch" and "Pompeii."

Browning is also a singer, lending her voice to three different film soundtracks.

Here's a look back on the rising actress' career:  

SEE ALSO: 8 reasons why Seth Rogen's 'The Night Before' is the year's new holiday comedy classic

Emily Browning was born December 7, 1988, in Melbourne, Victoria, Australia. She has two younger brothers.

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Her acting career began after a classmate's father saw her acting in a school play.

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She made her acting debut in 1998 after landing a role in "The Echo of Thunder," a TV movie.

She followed this up with roles in a number of Australian TV shows, including "Thunderstone,""Something in the Air" and "Blue Heelers." 

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See the rest of the story at Business Insider

10 wines you should drink this Thanksgiving, according to a sommelier

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For a little inspiration for your holiday feast, here is a list of master sommelier Ian Cauble’s top 10 Thanksgiving wines.

In addition to starring in the documentary films Somm and Somm: Into the Bottle, Cauble is a cofounder of the e-commerce wine business SommSelect.

Each day, he offers a unique wine selection from around the world to a list of clients via e-mail who receive access to some of the best prices online. Shipping is included on most orders. Join SommSelect.

I am the wine guy in the family, so when Thanksgiving comes around, the responsibility falls on my shoulders to choose the bottles. I find myself reaching for wines and sparklers from certain regions year after year—they pair well with the progression of the day and bring alive various components of the Thanksgiving feast.

We ritualistically celebrate the day at my parents’ house in Southern California, where we start with a delicious brunch accompanied by Champagne and other sparklers to fortify us for the task ahead. From there, I then find my place in the kitchen for most of the afternoon, cooking with many thirsty family members. I find myself uncorking a different wine every 20 minutes as the contents quickly disappear into my family’s seemingly bottomless glasses.

SEE ALSO: A Handy Guide To Holiday Wines

Egly-Ouriet Brut Tradition Grand Cru NV

This “grower Champagne” is one of the most stunning examples on the market at its price. A grower Champagne—labeled “RM” (récoltant manipulant) on the bottle—is crafted by a rare producer that also grows at least 95 percent of its own grapes. This is the Champagne equivalent of a boutique and exclusive farm-to-table experience, and this particular bottling is entirely comprised of Grand Cru fruit from the celebrated villages of Ambonnay, Bouzy, and Verzenay. If I were to pick a desert-island Champagne, this rich yet balanced example would be at the top of my list. ($68) Join SommSelect



Champagne André Clouet Rosé #3 Grand Cru Brut NV

One of my favorite discoveries of 2015, this amazing rosé Champagne is full-bodied and creamy, boasting flavors of wild strawberry, brioche, chalk, and rose petals. Also a grower Champagne, this artisanally crafted and limited-production rosé sparkler is rarely encountered in the United States. ($50) Join SommSelect



Weingut Knoll 2014 Grüner Veltliner Federspiel Wachau

Grüner is one of the most versatile, food-friendly white wines on the planet. The most widely planted white grape in Austria, it is fresh, mineral driven, and slightly spicy. Knoll is a producer that never disappoints. It consistently delivers a benchmark example from the Wachau, which is a historical appellation perched above the banks of the Danube River about an hour north of Vienna. ($29) Join SommSelect



See the rest of the story at Business Insider

13 science-backed ways to appear more attractive

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It pays to be pretty.

Research has found that attractive people earn up to 14% more money than their unattractive peers.

Fortunately, attraction relies on much more than your physical appearance. It's in the way you carry yourself, the folks you hang out with, and how you talk to people — plus a whole lot more. 

Read on to find out what you can do to make yourself more appealing. 

SEE ALSO: Why men may be more likely to tolerate unfairness from attractive women

DON'T MISS: The 27 jobs that are most damaging to your health

Be funny.

Multiplestudiesindicate that women are more attracted to men who can make them laugh.

In one small study, a psychologist asked three men to tell a joke to their friends at a bar while a woman sat at a nearby table. Then those men were instructed to approach the woman and ask for her number. After the man had left, an experimenter approached the woman and asked her to rate the man on attractiveness and intelligence and to indicate how much she would want to date the man long-term.

Results showed that the guys who told jokes were three times as likely to get the woman's number as the men who didn't. They were also rated more attractive and intelligent.

"The effect of a great sense of humor on women's attractions might be partially explained by the fact that funny people are considered to be more social and more intelligent, things that women seek in a mate,"anthropologist Gil Greengross writes.



Surround yourself with friends.

A 2014 study from the University of California at San Diego found that people were deemed to look better when they were in a group.

In one experiment featured in the study, 25 male and female undergrads looked at 300 photos of women's faces, once in a group photo and once in an isolated portrait. Another experiment repeated the same procedure with 18 undergrads looking at photos of men's faces. Results showed that participants rated both men and women significantly more attractive when they were pictured in a group.

This is possibly because our brains take the faces of a group of people in aggregate, making each face look more "average"— and attractive — as a result. 

"Having a few wingmen or wingwomen may indeed be a good dating strategy, particularly if their facial features complement and average out one's unattractive idiosyncrasies," study authors Drew Walker and Edward Vul write.



Skip the small talk.

In a 1997 studyState University of New York psychologist Arthur Aron and colleagues separated two groups of undergrads and paired them off, giving each duo 45 minutes to answer a set of questions. 

One question set was small talk, and the other was increasingly probing. The people who asked deeper questions felt more connected. One couple even fell in lovean intriguing, though probably insignificant, result.

 



See the rest of the story at Business Insider

10 apps that have been dominating Apple's App Store

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App Annie, an app analytics company, recently revealed October's 10 most downloaded iPhone apps in the US.

We chose not to include Apple's own apps, like iMovie and Pages, in the list, as it wouldn't be an accurate representation of the most downloaded apps. The reason those apps are usually the majority of the top 10 is because when you buy a new iPhone, you get Apple's suite of apps for free, and you're prompted to download them.

There are a lot of popular regulars in the list, like Facebook and Instagram, but there are also some breakout hits. 

10. Pinterest

The visually-rich social media site was the tenth most downloaded iPhone app last month.



9. Pandora

Pandora, which recently announced it would buy the on-demand streaming service Rdio, has nearly 80 million monthly users. 



8. Netflix

Netflix has more than 42 million paying members in the US.



See the rest of the story at Business Insider

Here's what you'd look like in the face of 200 miles per hour winds

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High Speed Selfies

If your mother ever warned you that if you made a funny face long enough, your face might just get stuck, you might not want to show her these pictures. 

UK based photography company #Hashtag created an insane high speed selfie booth that snaps pictures of people while they have their faces blown backwards by winds moving at hundreds of miles per hour, roughly the equivalent of one g-force. 

Check out 24 of our favorite "G-Force Faces" courtesy of #Hashtag photography

The High Speed Selfie blower has evolved since #Hashtag started working on the project over a year ago, a #Hashtag representative told TI.



Originally, they weren't using a custom blower.



Instead, they used something you might have in your garage.



See the rest of the story at Business Insider

Scientists have never seen anything like this giant ice cloud near Saturn

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titan halo

Scientists have spotted a giant ice cloud forming on Saturn's largest moon Titan for the first time ever.

NASA's Cassini spacecraft arrived at the Saturn system in 2004, but we've never seen the seasons change on Titan — one of the most likely places in the solar system to find life beyond Earth.

"When we looked at the infrared data, this ice cloud stood out like nothing we’ve ever seen before," NASA scientist Carrie Anderson said in a press release. "It practically smacked us in the face."

Keep scrolling to see why the ice cloud is a sign that the hazy moon's 7.5-year winter is setting in.

Saturn's moon Titan is bitterly cold. Temperatures around the south pole plummet to around minus-238 degrees Fahrenheit...

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...Which is 100 degrees lower than the coldest temperature recorded on Earth.



But it's even colder in Titan's atmosphere, where scientists just spotted this massive ice cloud forming near the moon's south pole.



See the rest of the story at Business Insider

29 stunning photos of daily life on Malaysia's most remote islands, where 'sea gypsies' live miles away from civilization

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Earlier this year, French photographer Réhahn Croquevielle took a trip to some of Malaysia's most remote islands in the hopes of documenting the lives of the Bajau, the "sea gypsies" who inhabit the area.

Located off the east coast of the Malaysian city of Sabah, the island of Borneo was Réhahn's jumping-off point — from there he visited eight small islands that are many miles removed from civilization.

Some tourists may know this area for its amazing dive sites, but Réhahn saw a completely different side: tiny villages made up of huts built on stilts in the middle of the ocean.

SEE ALSO: A photographer traveled to remote parts of Vietnam and took these incredible pictures

FOLLOW US: BI Travel is on Twitter!

Réhahn's journey to the islands was anything but easy. After a flight to Kuala Lampur, another three-hour flight to Tawau, and an hour-and-a-half bus ride to Semporna, Réhahn set out to find a local who would take him to the remote islands where the Bajau, or "sea gypsies," live.



This was harder than he thought. Tour agencies would only agree to take Réhahn to resorts, and most fishermen he encountered along the waterfront spoke no English. When he was lucky enough to find someone who did, the price they asked for the trip was extremely high.



After spending one night sleeping at the waterfront — a risky move, as there's a history of tourist kidnappings in the area — Réhahn finally met Karim, a Bajau who agreed to take Réhahn to the remote islands he was hoping to visit.



See the rest of the story at Business Insider

Snapchat's newest feature is going to make you even more addicted to the app

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On Monday Snapchat added a feature called Story Explorer, and it's one of the biggest additions to the social network in a long time.

Story Explorer lets you swipe up on a photo or video (or "snap") to see similar snaps from other people. Instead of just seeing one 10-second clip from a concert, you could potentially see dozens.

Confused? Or just want to know more? Here's how Story Explorer works:

 

In Snapchat, you can broadcast snaps to more than just individual people.



The app's Live Stories list is a collection of snaps submitted by users. Live Stories expire after 24 hours and are themed around specific events, like an awards show, football game, or holiday.



With Story Explorer, you can now swipe up on a snap in a Live Story to see more similar snaps from other people.

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Story Explorer relies on technology developed by our research team to provide more depth to every Snap in a Story," Snapchat said in a blog post. "When you see a moment that inspires or excites you, simply swipe up to see more Snaps of that same moment - from every perspective."



See the rest of the story at Business Insider

The 11 best fried chicken sandwiches in America

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Like The Weeknd, the fried chicken sandwich is currently having a moment, and also like The Weeknd, hot chicken makes it hard to feel your face.

The logic of that joke is most certainly off, but what does it matter when we have the best fried chicken sandwiches in the country to talk about?

Below we chose our favorite Korean, hot, Southern fried, and just plain delicious sandwiches from Seattle to NYC.

SEE ALSO: 25 sandwiches you need to try at least once

Acme Feed & Seed, Tennessee

Nashville basically popularized hot chicken — with the help of spots like Hattie B’s — so if you want to call the bird on your menu "Nashville hot chicken," you have to bring it. And Acme does just that. The chicken is hot-but-won’t-burn-your-mouth-off, and is blanketed by two slices of buttered, grilled white bread, and topped with green peppercorn aioli, American cheese, and pickles. It’s no surprise that Acme is also one of our favorite hot chicken spots in Music City, one of America's best new restaurants in 2014, and the only restaurant in town where you can also order killer sushi, craft cocktails, and falafel.



Fred's Meat & Bread, Georgia

Newbie Fred's is a “burger and sandwich counter" inside ATL’s Krog Street Market that just opened its metaphorical doors (counters can’t have doors, silly!) last November. The joint gives Springer Mountain Farms chicken a super-crunchy traditional Korean fry before topping it with an aioli and spicy mayo, spicy marinated cucumber, and fresh kimchi. Then it slaps all those ingredients on house-made pain de mie. And even with all that spice, Fred's claims the sandwich is only a six out of 10 on the heat scale. Pair it with some of Atlanta’s best fries, and you’ve got one solid meal.



Marlowe, California

Sadly not the first in a chain of The Wire-themed restaurants David Simon is opening up across America (I will be first in line at McNulty's), Marlowe is simply one of the best restaurants in SF. And at lunch and brunch, you can order a delicious chicken sandwich with dark meat that’s been breaded with buttermilk biscuit mix, garnished with arugula and baby head lettuce that’s dressed in a Caesar vinaigrette, and topped with crispy bacon. Not often does a sandwich combine elements of a Caesar salad, biscuits, and fried chicken. Can you see why it's served at brunch, too?



See the rest of the story at Business Insider

These are the 25 stocks that hedge funds love the most right now (AGN, AAPL, FB, TWC, T)

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Hedge funds are loving Apple, Amazon, Time Warner Cable, Alphabet, Facebook and Allergan. 

That is according to some research from Goldman Sachs, which put together a "Very Important Long Position List."

These stocks are the ones that appear most frequently in the top 10 holdings of hedge fund portfolios with 10 to 200 positions.

Goldman analyzed more than 800 fundamentally-driven hedge funds' portfolios based on their 13-F filings for the third quarter.

Some newcomers to the list include Precision Castparts and PayPal Holdings. 

We've included the top 25 picks ranked from the least held to the most widely held, along with Goldman Sachs'

25. PayPal Holdings

Ticker: PYPL

Sub-sector: Data Processing & Outsourced Services

Equity Cap: $44 billion

No. of funds w/ 10 to 200 positions owning stock: 44

No. of funds with stock as top 10 holding: 21

Avg. portfolio weight when stock ranks among top 10 holdings: 6%

% of equity cap owned by hedge funds: 11%

Total return YTD: NM



24. Gilead Sciences

Ticker: GILD

Sub-sector: Biotechnology

Equity Cap: $156 billion

No. of funds w/ 10 to 200 positions owning stock: 39

No. of funds with stock as top 10 holding: 21

Avg. portfolio weight when stock ranks among top 10 holdings: 6%

% of equity cap owned by hedge funds: 2%

Total return YTD: 14%



23. Air Products and Chemicals

Ticker: APD

Sub-sector: Industrial Gases

Equity Cap: $30 billion

No. of funds w/ 10 to 200 positions owning stock: 32

No. of funds with stock as top 10 holding: 21

Avg. portfolio weight when stock ranks among top 10 holdings: 7%

% of equity cap owned by hedge funds: 27%

Total return YTD: (1%)



See the rest of the story at Business Insider

8 strategies to spend less money, from real people who save over half their income

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If you want to accumulate wealth, you have to cut back on spending.

To help you get started, we rounded up money saving strategies from the best savers out there — those who have saved over 50% of their income.

Not only will increased savings allow you to put more money to work and grow it through investing, but if you save enough, you could even consider retiring early. Most of these diligent savers retired well before the average retirement age of 62.

"Many assume that you have to work 40 or more years to retire, or that long term international travel is only for college drop-outs and dirty hippies living on rice and beans,"write Jeremy Jacobson and Winnie Tseng, who retired comfortably in their 30s and now travel the world. "It doesn't require winning the lottery, inheriting a windfall, or getting lucky on some penny stocks. There is really only one thing that determines how quickly you could join us on the road: savings rate."

Read on for tips to increase the amount of cash you're able to put aside:

SEE ALSO: I just became a millionaire at age 35, and it's a huge letdown

Track your expenses.

Do you know how much you spend eating out, on monthly subscriptions, or on coffee? Chances are it's more than you think.

"Write out all of your spending and analyze it,"explain Jacobson and Tseng of Go Curry Cracker, who committed to saving 70% of their income for about 10 years in order to retire comfortably in their 30s. "Track your dollars. I guarantee you'll find something that either you didn't know you were spending your money on, or you felt was unnecessary."

Try keeping a spreadsheet on your computer, or consider an app that will automatically track your expenses for you, such as Mint, You Need a Budget, or Personal Capital.



Set up an automatic contribution to your retirement savings.

You should already be contributing to your employer's 401(k) plan if you have access to one, and taking full advantage of the company match if it's offered. Just like a 401(k) contribution is automatically taken from your paycheck, another smart strategy is to automate your contributions to alternative retirement accounts like an IRA.

Simply choose the percentage of your paycheck that you need to set aside and invest in order to reach your financial goals, and set up an automatic transfer from your checking account into your savings — you'll never even see that money and will learn to live without it.

"You just figure out how much you need to deduct from each paycheck and then set it up at the beginning of the year,"writes Joe Udo of Retire by 40, who saved over half his income and retired at age 38. "You can do the same with the Roth IRA and 529 as well. After you set up these auto contributions, then you’re safe to spend the rest of your take home income."



Think about money as something to invest — not as something to spend.

If you're going to develop one effective habit to help you achieve your financial goals, make it the way you think about money — start thinking about it as something to invest, rather than something to spend, recommends"Mr. Money Mustache," who retired at age 30 by saving about two-thirds of his take home pay.

"The growing part of my money is pretty simple," he told Farnoosh Torabi on an episode of her podcast, "So Money.""I just like the idea of keeping all money invested. So if I run into a surplus sometime, I don't think of something to buy with it, I think, 'OK, I better get rid of this money and put it to work again.' So, I sweep it out of the bank account and into regular index funds."

While a raise, generous birthday gift, or lucky lottery winnings may trigger a shopping spree for most of us, Mr. Money Mustache's instinct is to invest surplus money, which in part eliminates any spending temptation that may arise.



See the rest of the story at Business Insider

27 gifts for the 'Harry Potter' fan in your life

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TI_Graphics_2015 Harry Potter Gift Guide_2x1_v02

"Harry Potter" fans might be a part of the most intense fandom around.

This year, instead of trying to find a last-minute gift idea for the "Potterhead" in your life, look through our list to find 27 magical ideas that will satisfy anyone who is obsessed with J.K. Rowling's books.

From a remote control wand to an "Espresso Patronum" mug, this is the ultimate "Harry Potter" gift guide.

Wizard Wine Glass

Oenophiles will thank you for this adorable, hand-painted wine glass. It holds a whopping 18.5 ounces of wine and is safe to wash in the dishwasher.

The next time you're thirsty, just use the spell, "Accio, wine!"

Price:$22



Hogwarts Acceptance Letter

Any "Harry Potter" fan who ever wondered where their Hogwarts acceptance letter went will love this personalized gift.

In addition to the classic acceptance letter from Minerva McGonagall, there's even a letter from Dumbledore with an explanation for why your letter was so late (it involves the Weasley twins and the family owl Errol). 

Price: $60



Time Turner Necklace

Who didn't want their own Time Turner necklace like the one Hermione had? Based on the magical device that can take wizards back hours into the past from "Prisoner of Azkaban," this 18-karat Time Turner is 1.5 inches tall with a 20-inch chain.

Around the edge is the Time Turner inscription: "I mark the hours, every one, Nor have I yet outrun the Sun. My use and value, unto you, Are gauged by what you have to do."

Price: $15

 



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Why asparagus makes pee smell funny, and other amazing facts about everyday foods and spices

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asparagus vegetables

Do you know which popular holiday spice can help soothe a toothache? Or why chocolate is toxic to dogs and cats?

By digging deep into the molecular chemistry of everyday foods and spices, Cambridge-based chemistry teacher Andy Brunning has the answers.

And you don't have to be a chemistry-expert to understand them.

Brunning heads the popular science website Compound Interest and recently published the book "Why Does Asparagus Make Your Wee Smell?: And 57 other curious food and drink questions."

Here are 15 of Brunning's amazing graphics about the chemistry of asparagus, cloves, coffee, nutmeg, and much more:

CHECK OUT: Humans are just starting to understand the octopus, and it's mind blowing

UP NEXT: Leading Harvard physicist has a radical new theory for why humans exist

When your doctor says don't eat grapefruit, she means it! Grapefruit contains compounds that can prevent your body from breaking down certain medications, including some statin drugs to lower cholesterol, like Lipitor, and some antihistamines, like Allegra.

Additional source: FDA



Clove oil is rich in a compound called eugenol, which has antiseptic and anti-inflammatory properties that can ease dental pain.



Leaves from the coriander plant are a popular ingredient in Indian cuisine. But the leaves can sometimes taste soapy. That's because they contain similar aldehyde compounds found in many soaps and lotions.



See the rest of the story at Business Insider
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