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Bloomberg's New Billionaires Page Will Let You Track The World's Richest Like You've Never Done Before

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Bloomberg Billionaires

Bloomberg has an amazing team of reporters hunting down the world's billionaires. Some of these super wealthy are out in the open and living opulently, others are hidden and living modestly.

Veteran billionaire tracker Matt G. Miller and his team will find them and rank them.

And now Bloomberg has created a new data visualization tool that will let you see the world's richest in a way you've never seen them before.

Not only can you filter billionaires by country, gender, and industry, but you can also track their wealth and rank on a day to day basis.

Right now the list includes 100 billionaires, but expect this application to grow. Miller says he and his team have 100s of suspects and they're working every day.

Welcome to Bloomberg Billionaires, here are the 100 richest ranked for today. This is the 'Explore' option, there's also a Map, Plot, and Rank.



If you scroll down, you'll see that you can change the date you're looking at. You'll also see that the ranks will change.



Click on each person, and page will appear that includes the billionaire's bio, Bloomberg's method for collecting their information, and their level of confidence that the information is completely accurate.



See the rest of the story at Business Insider

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Aerial Photos Show Manhattan Like You've Never Seen It Before

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Manhattan Aerial View, AirPano

From the ground, Manhattan is a maze of brick and steel. From above, it's something else entirely.

The photo enthusiasts at AirPano have created a hi-res aerial tour of Manhattan that shows the island in a new light.

The team, led by Russian photographer Sergey Semenov, shot pictures from helicopters and pieced them together to create an interactive interface.

AirPano's interactive software makes it easy to jump any view you want.



The welcoming beacon of New York, Lady Liberty.



The lower tip of Manhattan, with views of Battery Park and the Financial District.



See the rest of the story at Business Insider

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This App Makes Note Taking As Simple As Writing A Tweet

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fetchnotes iphone app

The built-in note-taking app on your iPhone is pretty boring, only recently gaining the ability to sync your notes over the Web to your Mac.

It's not nearly as robust as other apps like Evernote.

But what if there was a way to improve on this simple idea by integrating one of our favorite social media platforms, Twitter?

Meet Fetchnotes.

Fetchnotes is more than just a place to store ideas. Users generate their own organization method through hashtags and followers.

Fetchnote's goal is to make productivity as simple as writing a Tweet. As you tag notes, you're building a productivity system and structure on the fly.

The four person team is based in Cambridge, Massachusetts and for the firs time the company is moving beyond just being a repository for notes and transitioning into a dynamic way to execute tasks rather than just store them.

Just a few weeks ago Fetchnotes completely revamped its app and added video previews from Youtube; songs from SoundCloud and Spotify; and article previews from National Geographic, The Onion, CNN, and more sources.

"Fetchnotes offers the easiest input with the most valuable return available," Alex Schiff, the company's CEO told Business Insider. "The two things we're working on now is, how our users are interacting with each other and making our app more useful." 

Download Fetchnotes for free on iOS.

Fetchnotes is a free download in Apple's app store. The service is also available on the web at www.fetchnotes.com. Once you download the app, tap to open it.



This is Fetchnotes' opening screen. We really like the cute art.



Before we sign up for an account we'll highlight some of Fetchnotes' best features. Swipe from right to left.



See the rest of the story at Business Insider

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How Totally Paranoid People Stay Safe Online

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shh

It's more important than ever to make smart decisions about your privacy online.

You don't have to get carried away with it, but you could probably stand to use some of the same tools that security-obsessed folks use every day.

Here are some utilities to help keep your identity to yourself.

Consider using Tor

Tor stands for "The Onion Router" and is a way to browse the web anonymously. Your computer's web traffic is routed through different servers around the world such that you can't be pinned down to one specific location or IP address.



Remove your data with SafeShepherd

We've previously reported on SafeShepherd, a company that makes it a snap to remove your personal data from the internet.

There are data collection agencies out there that maintain massive stockpiles of info on you. They sell this data to marketers or background checking companies, but with help from SafeShepherd, they'll remove it.



AnchorFree has an app you'll want to use

When you use public Wi-Fi at your local coffee shop, malicious snoops can pretty easily access your info. That's where AnchorFree steps in. Its Hotspot Shield app sits between your computer and a public Wi-Fi network to keep your data protected from the hands of people trying to access it.



See the rest of the story at Business Insider

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Asian Skyscrapers Dominate A New List Of The World's Fastest Elevators

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Taipei 101 Taiwan

The first commercial passenger elevator was installed by the Otis Elevator Company in 1857 in New York City. It climbed at a then-staggering rate of 40 feet per minute.

Today, an Otis elevator in the Burj Khalifa tower in Dubai soars up at a speed of 22 mph. And it didn't even top a new ranking of the fastest elevators in the world from Emporis, a database of construction projects.

The list is dominated by elevators located in Asia, including China, Taiwan, and Japan.

#5 Jin Mao Tower — Shanghai, China

Speed: 1,791 feet/min, 20 mph

Height: 1,381 feet

Time From Ground To Roof*: 46 seconds

Elevator Supplier: Mitsubishi

Fun Fact: The Jin Mao Tower has a total of 130 operating elevators, which includes the two express elevators in the basement.

Source: Emporis

*If traveling at full velocity



#4 John Hancock Center — Chicago, USA

Speed: 1,801 feet/min, 20.5 mph

Height: 1,129 feet

Time From Ground To Roof*: 38 seconds

Elevator Supplier: Otis

Fun Fact: Instead of taking the elevator, visitors can also take the stairway from the main lobby to
the "Observatory." It has a total of 1,632 steps.

Source: Emporis

*If traveling at full velocity



#3 (tie) China World Trade Center Tower III — Beijing, China

Speed: 1,968.5 feet/min, 22 mph

Height: 1,083 feet

Time From Ground To Roof*: 33 seconds

Elevator Supplier: Schindler

Fun Fact: These elevators reach their full velocity of 22 mph in eleven seconds.

Source: Emporis

*If traveling at full velocity



See the rest of the story at Business Insider

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The Richest Musician Of All Time Has Never Topped The Charts As Himself

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Andrew Lloyd Webber You can easily guess the wealthiest livingmusicians, but how do they stack up to the richest musicians ever?

It helps to emerge at the right time (the late 1960s and early ‘70s or the mid- to late-‘90s, the two moments when the now-shrunken industry was at its largest), make shrewd investments (in publishing and elsewhere, but also by capitalizing on one’s own brand), and working across different media platforms (television, film, and touring).

Adjusting fortunes going as far back the the pre-rock-and-roll era for inflation, we made some surprising discoveries.

10. Michael Jackson: $350 million

The King of Pop earned $50 million a year through the 1980s and 1990s.

In 1985, he already had one of the biggest-selling albums ever ("Thriller," which sold 66 million copies worldwide) a series of incredibly lucrative tours, and a record $5 million deal with Pepsi (worth $11 million today) to his name, and the questionable investments started coming quickly.

He dropped $47.5 million to buy ATV Music, which included the Beatles’ catalog (which Paul McCartney would later buy back at a bargain).

In 1987, he bought the “Neverland” ranch for $19.7 million and invested another $35 million in it. By 2003, he held $200 million in debt, but even that wasn’t enough to break him.



9. Jimmy Buffett: $400 million

Buffett has been drawing his faithful Parrotheads and their battery-powered margarita blenders to amphitheaters every summer since 1976. (2011’s tour raked in $22 million).

And if you want an ersatz version of the experience, you might stop in at one of the many locations of Buffett’s Cheeseburger in Paradise chain restaurants, located off an interstate exit near you.



8. Dolly Parton: $450 million

The woman who sang “9 to 5” is worth nearly half a billion dollars, due to a tireless work ethic (she’s written thousands of songs, including "I Will Always Love You," one of the best-selling singles of all time) and a shrewd awareness of how to market her cheerful persona and simple-country-girl backstory.

She does primarily via Dollywood, a theme park she bought and rebranded in 1986, and which draws millions to its gates each year.



See the rest of the story at Business Insider

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Wayne Gretzky Is Selling His Custom Designed Mansion In California For $15 Million

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wayne gretzky house

Wayne Gretzky is selling his custom designed home in California for $15 million, according to Yahoo! Sports.

Gretzky designed the 11,000 square foot home with the help of Richard Landry who also designed a home for Tom Brady.

The giant mansion has 6 bedrooms (one of which we're guessing belongs to Gretzky's daughter Paulina), 7.5 bathrooms, a movie theater, a pool, tennis courts, an outdoor wood-burning pizza oven, and two guests homes, one of which is a full gym.

Here's an aerial view of the sprawling property



And a look at the beautiful scenery surrounding it



The driveway



See the rest of the story at Business Insider

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The 6 Hottest Supercars At The Detroit Auto Show

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corvette stingray detroit

Visit any auto show, and you'll find plenty of gleaming paint and glittering chrome to capture your attention.

At the recent 2013 North American International Auto Show in Detroit, however, automakers pulled out all the stops, unveiling cars to suit every taste.

While there were plenty of budget-minded compacts, family sedans and new pickups, many automakers also pulled the wraps off their drool-worthy supercars.

This year, the supercars included elegant convertibles, powerful sport utility vehicles, race-inspired two-seaters and sedans that could wow the whole family.

Here are six cars to covet that will find their way to showrooms in the future. 

Acura NSX

While the Acura NSX unveiled at the Detroit auto show is a concept car (albeit a complete car that drives), it doesn't make it anything less to covet.

And for those who yearn for the NSX supercar to return to Acura's product line, this concept car shows that Acura is one step closer to production.

The Acura NSX concept car is low and wide with sharp lines accenting its exterior.

The inside is more like a race car than a passenger car, with a high center section between the seats that is remarkably devoid of buttons and other clutter.

The Acura NSX is a hybrid, using three electric motors.

One motor will be paired with the V-6 engine in conventional hybrid fashion while the other two electric motors will drive the front wheels, creating an all-wheel-drive system that can instantly deliver torque to the front wheels when cornering to improve handling. Acura has not announced a production date for the NSX.

 


Audi RS 7

The Audi RS 7 is a high-performance five-door coupe designed to thrill not just those who drive it, but anyone in the general vicinity.

As one of the supercars at the Detroit auto show, the all-wheel-drive coupe is powered by a 560-horsepower, twin-turbo V-8 paired with an eight-speed automatic transmission with "drive" and "sport" modes that can also be manually shifted, using the steering-wheel-mounted shift paddles or the selector lever.

Unique features such as an unthrottled intake system and switchable flaps in the exhaust increase the engine sound during acceleration enough to easily catch the attention of those nearby.

Even with all this power, Audi estimates its gas mileage at 24 mpg, partially as a result of the engine's cylinder deactivation technology that closes the valves when power is not needed, instantly opening them when more power is required.

On the inside, leather and carbon detailing is standard, while the instrument panel has race-car-like dials with black faces, white scales and red needles.

Other standard features include adaptive cruise control, three-zone air conditioning, xenon headlights and Audi's sound system.



Bentley Continental GT Speed Convertible

It may be sleek and elegant, but the Bentley Continental GT Speed was not meant for casual cruising. Certainly one of the show's supercars, it is the world's fastest four-seat convertible, according to the company.

It is powered by a 616-horsepower, 6-liter, twin-turbocharged W-12 that is 15 percent more fuel-efficient than the previous model, partially due to the new, eight-speed transmission.

Even though it has a top speed of 202 mph, Bentley's new suspension and retuned steering ensure the utmost in ride comfort, while all-wheel drive ensures optimum traction in all weather conditions.

Like all Speed models, the Continental GT Speed Convertible features unique exterior styling characteristics that differentiate it from non-Speed models.

These include 21-inch alloy wheels, dark-tint chrome on the radiator grille and bumper air intakes, and oversized, elliptical exhaust tailpipes.

On the inside, the dark-tint design continues and is accented by diamond-quilted hide upholstery. Convertible-specific touches include a four-layer top to keep out drafts and wind noise when up and, with the top down, a neck warmer to keep occupants comfortable even in cooler temperatures.



See the rest of the story at Business Insider

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The F-22 May Simply Be Too Much For Pilots To Handle [PHOTOS]

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attached image

Problems have plagued the F-22 Raptor since its inception.

Flaking, toxic stealth coating with equally toxic glue. International dateline software glitches. Pilots nearly passing out from lack of oxygen and the feared "Raptor Cough."

So the jet went through a battery of extensive tests, over many years, only for one general to suggest something completely unrelated to the configuration of the plane's innards: Maybe human beings just weren't physiologically equipped to max out the attributes of this total sky carnivore.

The F-22 was America's first success in developing a 5th Generation fighter jet.



The jet was the first of its kind referred to as 'supermaneuverable.'



Like a spaceship in the sky; toasting competition with two Pratt and Whitney 119 Turbofan engines, allowing for an unprecedented turning radius to speed ratio.



See the rest of the story at Business Insider

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Firefighters Leave Chicago Warehouse Covered In Ice [PHOTOS]

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Chicago Fire And Ice

There was a five-alarm fire at a Chicago warehouse that required 200 firefighters to put out the flames, the AP reports (via WSJ).

Because it's so bitterly cold in Chicago right now, the end result of the firefight was a warehouse that became encased in ice from firefighters' hoses.

The after-fire photos are beautiful. We've gathered them up in this gallery from Getty and the AP.







See the rest of the story at Business Insider

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Aston Martin's Newest Ride Is Its Most Powerful 4-Door Ever

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aston martin rapide s

Yesterday, Aston Martin revealed the Rapide S, the surprisingly powerful car that will replace the outgoing Rapide.

The new model features a 6-liter V12 engine that produces an impressive 550 brake horsepower, making it 17 percent more powerful than its predecessor. Peak torque is up to, from 443 pound-feet in the Rapide to 457 pound-feet in the S.

That output gives the newcomer a better 0 to 60 mph time, and a higher top speed.

Of course, the Rapide S is full of the features that make Aston Martin a luxury brand. CEO Dr. Ulrich Bez calls it the "most beautiful four-door sports car on the market today."

While it is certainly a good-looking car, that is something of an overstatement.

Here's the original, outgoing Rapide.



With a more powerful engine, the Rapide S can go from 0 to 60 mph in 4.7 seconds, and hit a top speed of 190 mph.



In profile, the sedan looks just as good as Aston Martin's CEO boasts.



See the rest of the story at Business Insider

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Starchitect Zaha Hadid's $160,000 Table Belongs In An Ice Palace

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Zaha Hadid has made quite the name for herself in the architecture world— could interior design be in her future as well?

London's Design Museum has just added her Liquid Glacial Table to a shortlist for their Designs of the Year 2013 awards. Hadid's Galaxy Soho complex in Beijing was also nominated for the same award.

The four-part dining table was commissioned for the David Gill Gallery in March of 2012, and is made of entirely smooth acrylic resin with the ripples and waves below the surface. "The table’s legs seem to pour from the horizontal in an intense vortex of water frozen in time,"the description says on the Zaha Hadid Architects website. "The transparent acrylic material amplifies this perception; adding depth and complexity through a flawless display of infinite kaleidoscopic refractions."

This is not the first piece of furniture Hadid's architecture firm has unveiled. Previous tables, vases, and benches from Zaha Hadid Architects also have the same fluid forms and intriguing shapes her buildings are known for. 

Each of the tables is handmade in Italy and start at a base price of $160,000. The Designs of the Year 2013 awards will be announced to the public on April 17, 2013.

Zaha Hadid Liquid Galacial Table

 

Zaha Hadid Liquid Galacial Table

 

Zaha Hadid Liquid Galacial Table

SEE ALSO: The Otherworldly Architecture Of Zaha Hadid

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8 Gorgeous Examples Of Tech Design

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makerbot replicator 2

We love it when a product works as advertised.

The only thing better is when it looks great at the same time.

Industrial designers are obsessed with making objects that are simeltaneously beautiful and functional.

Here are some of our favorites in recent memory.

MakerBot Replicator 2

MakerBot's been producing quality desktop 3D printers since 2009, but its most recent product, the Replicator 2, ditches earlier models' rough-hewn aesthetics for a sleek device that could go in a lab or living room.



iPhone

While the iPhone 5 is taller and thinner than past models, the all-touchscreen rectangle Apple first rolled out in 2007 has defined the stripped-down looks of smartphones since.



Ouya

This small, sterile cube is an Android gaming console. Its understated looks suggest a revolution in gaming design, where the emphasis is on the games, not the device.



See the rest of the story at Business Insider

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South America Has Been Hiding Some Seriously Great Places To Retire

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sao luis brazil

It’s hard to compete with a well-kept Spanish-colonial city for charm, romance, and splendor.

The plazas, cobblestone streets, courtyard homes, and flowered balconies take you back to Spain's grand colonial era in a way that is hard to match and that can make for a very appealing retirement lifestyle.

The best part is that some of the grandest Spanish colonial cities are also some of the most affordable places to think about retiring.

 

1. Cartagena, Colombia

Of Spain’s cities on this side of the ocean, Cartagena, Colombia, is often recognized as the most beautiful, with a lot to offer potential expats or retirees.

As colonial cities go in the Americas, some would argue that Cartagena is king. It is one of the world’s few remaining walled cities, has been largely restored, and is very well preserved.

You’ll be impressed by the number of shops, cafes, and restaurants.

Cartagena combines the best of old Spanish America with the richness of the Caribbean. The courtyards and narrow streets are old Spain, while the bright colors of the houses add a Caribbean flair.

The traditional Colombian cuisine on offer in places like Cafetería Bocaditos may be reminiscent of Madrid, but the women walking about with giant trays of fresh fruit balanced on their heads remind you that you're on the shores of the Caribbean.

Plus, Cartagena offers a number of attractive beach areas that attract large numbers of expats. These beach areas are not in the historic center, but a few minutes away by cab.

Thinking more practically, the infrastructure in this area is great, with drinkable water, well-maintained streets, cable TV, high-speed Internet, and a convenient international airport just minutes away.

The weather in Cartagena is either warm and dry or warm and humid, depending on when you go. (May through November tends to be humid.)

One downside to retirement in Cartagena can be the tourist annoyances—the ever-present vendors trying to sell you something, the scamming moneychangers, and, at times, the numbers of tourists themselves.

Early-risers can avoid this by exploring places before 9 a.m. Also, if you don't like typically hot Caribbean weather, then Cartagena wouldn't be a good choice for you.



2. Colonia, Uruguay

While far less recognized than Cartagena, Colonia’s Barrio Histórico (original historic center) can be an unbeatable retirement option.

The Barrio Histórico is an island of history adjacent to an otherwise modern city.

The neighborhood is on a peninsula, mostly surrounded by water, meaning it will never become the center of a large metro area or see any through-traffic. Yet the more-modern sections of town are close at hand.

Further, while the district itself boasts 17th century buildings, streets, and ambiance, Barrio Histórico still enjoys Uruguay’s generally first-rate infrastructure.

Another benefit of living in Colonia’s Barrio Histórico is that it’s relatively crime-free compared with almost anywhere else in Latin America.

You can enjoy its inordinate number of cafes, shops, and fine dining establishments, day or night, without worrying about your personal safety or belongings.



3. Casco Viejo, Panama

Casco Viejo in Panama City is another top colonial city retirement option.

Like Colonia, it’s on a peninsula and not central to the rest of the city. Yet just a few minutes away, Panama City offers almost anything you could want, from modern stores and supermarkets to international-standard medical care.

On the other hand, Casco Viejo’s state of restoration is nothing like that in Colonia. While Colonia’s Barrio Histórico is virtually 100 percent restored, Casco Viejo is still a work-in-progress.

There are many nicely restored buildings and parks, while many others are in stages of decay.

You do have a good selection of shops, cafes, and nice restaurants in Casco, but petty crime can be more of a concern than in Colonia.



See the rest of the story at Business Insider

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The 17 Most Important Moments In The 70-Year History Of The Cell Phone

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radio telephone

The cell phone is older than you think.

In fact, you can trace its beginnings to radio-powered phones made by companies like AT&T way back in the 1940s.

We traced the cell phone's lineage to give you an idea how we got to where we are today.

What's really impressive is how quickly phone technology has advanced over the last four or five years. Innovation is accelerating exponentially. Very exciting.

The following timeline was researched through Wikipedia, company histories like Motorola's, and our own geeky knowledge.

In the mid-1940s, mobile telephone service (MTS) devices started popping up. They let you make phone calls over radio waves, but they only worked over a limited geographical area. Sorry, no long-distance calls. Eventually, the technology improved and radio phones were installed in vehicles. This became pretty common well into the 1990s.



The next big challenge for phone makers was to create a handheld device, not something clunky that had to be installed in your car. Motorola won the handheld race. It demonstrated the first handheld cellular phone, the Motorola DynaTAC, in 1973.



Most of those early handhelds from the late 1970s and 1980s ran on so-called "1G" analog networks. The technology wasn't perfect, and it was relatively easy for someone to hack your signal and eavesdrop on calls. 1G networks no longer exist.



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Here Are The Photos Momofuku Ko Doesn't Want You To See

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momofuku ko

The internet has been abuzz today over a New York Times story about restaurants banning customers from taking photographs of their meals.

One restaurant in particular was called out over its tough stance against food photography: Momofuku Ko, the impossible-to-book East Village tasting table from culinary whiz David Chang, where dinner costs $125 a person.

The restaurant's strict policy struck us as funny, since Chang's restaurants are famously laid back, and he's known as much for presentation as he is for taste.

It turns out that the restaurant hasn't always banned foodie photographers. Krista Garcia, who blogs about restaurants at Goodies First, snapped photos of her meal there back in 2008, and was kind enough to share them with us. She used a point-and-shoot camera with no flash, and said that no one gave her a hard time.

Momofuku Ko's menu changes constantly, but these dishes definitely piqued our interest.

The restaurant is discreet, marked only by Chang's signature peach.



The meal started with pork rinds with Togarashi pepper.



English muffins with pork fat, sea salt and chives came next, served on a stone slab.



See the rest of the story at Business Insider

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Dutch Architect Plans To Build A 12,000-Square-Foot 3D Printed House

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Landscape House Ruijssenaars

Dutch architect Janjaap Ruijssenaars has designed a 12,000-square-foot "house with no beginning or end," and he plans to build the entire thing using only a 3D printer.

The conceptual two-story Landscape House from Universe Architecture in Amsterdam was created to look like the famous Möbius strip, or "one surface folded in an endless band." The shape was originally made popular by the 20th century designer and illustrator M C Escher.

"In this design he's definitely been an inspiration, I would say he's the king of Möbius strips in drawing,"Ruijssenaars told AFP in an interview. "We analyzed that the essence of landscape is that it has no beginning or ending, so it's continuous, not only the fact the world is round but also water goes into land, valleys into mountains, it's always continuous."

Landscape House RuijssenaarsRuijssenaars plans to construct the building from a massive D-Shape printer invented by Enrico Dini that's able to 'print' materials up to 20x20 feet in size, and can add layers ranging from 1/4-1/2 inch thick.

The entire project would cost approximately $5.3 million (€4 million), and would either be built in an unspecified Brazilian national park that has reportedly expressed interest in the home, or as a private residence here in the US.

It's estimated that Landscape House would take at least 18 months to complete, and that the printer alone would have to be active for at least six months. Ruijssenaars hopes to have the entire structure completed by 2014.

Landscape House Ruijssenaars

SEE ALSO: Chinese Pirates Are Building A Knock-Off Version Of Zaha Hadid's New Beijing Complex

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HOUSE OF THE DAY: Alicia Keys And Swizz Beatz Are Having A Tough Time Selling Their SoHo Penthouse

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alicia keys apartment

Alicia Keys and husband Swizz Beatz are having a tough time unloading the 16-room SoHo penthouse they bought from Lenny Kravitz in 2010.

The apartment, which hit the market in March for $17.95 million, has now been reduced to $15 million, The Real Deal reports.

The penthouse apartment is in a pre-war building on quiet Crosby Street, ideal for a celebrity looking to go under the radar. And the decor is immaculate.

The couple seems ready for bigger digs they bought a 30-room New Jersey mansion from Eddie Murphy last year for $12 million.

A private elevator will whisk you up to the penthouse.



The 16-room apartment sits on Crosby Street, off the beaten path in bustling SoHo.



Sadly, the Ducati doesn't come with the property.



See the rest of the story at Business Insider

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What Happened To Markets The Last 15 Times The Fed Tightened...

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vice tighten

Ever since the release of the minutes from the Federal Reserve's most recent policy meeting– which surprised markets by striking a hawkish tone – one question has gripped investors perhaps more than any other: when will the Fed start tightening monetary policy, and what will happen when it does?

Deutsche Bank Chief U.S. Equity Strategist David Bianco says, "Don't fear interest rate normalization." That's the title of one of his recent research notes, which takes a deep dive into what happened to markets each of the 15 times the Fed has embarked on policy tightening since 1965.

Bianco writes, "DB economists and rate strategists forecast an unchanged Fed Funds rate until 2014. However, they forecast a 3.0% 10yr Treasury yield at 2013 end. When QE ends it will likely be akin to early-cycle Fed tightening and the uptick in long-term yields will represent a cyclical rise in rates, both of which are bullish."

December 1965 - December 1966

Story: Bianco writes, "The 1965 tightening followed many previous hikes that were largely a post-war renormalization of rates. But the curve inverted in Dec. 1965 and yet hikes continued through Nov. 1966 on low unemployment – hawkish policy. Stocks fell into a bear market in 1966 even without recession and then the Fed started easing in Dec. 1966 and the market rallied."

Beginning Fed funds rate: 4.10 percent

Peak Fed funds rate: 5.76 percent

Source: Deutsche Bank



December 1965 - December 1966

1-month change in S&P 500 from start of tightening: 0.9 percent

12-month change in S&P 500 from start of tightening: -12.2 percent

Change in 10-year Treasury yield over entire tightening: 0.54 percentage points

Source: Deutsche Bank



August 1967 - September 1969

Story: The Federal Reserve began lowering rates in December 1966 over fears that the long-running economic expansion in the U.S. was about to turn. It continued to cut rates through July of 1968, when the economy began heating up again. Stocks traded sideways through March 1968, when they staged a rally through the rest of the year before falling in 1969.

Beginning Fed funds rate: 3.79 percent

Peak Fed funds rate: 9.19 percent

Source: Deutsche Bank, Allan Meltzer



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Everything You Ever Wanted To Know About Working At Taco Bell

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taco bell

Taco Bell is a guilty pleasure for many Americans. 

One of the restaurant chain's employees recently gave candid details about working there in a Reddit Ask Me Anything. 

The man dished on those pesky meat rumors and how clean things are behind-the-scenes. 

A year after starting work at Taco Bell, the man says he still loves to eat there. 

[NOTE: While the man's identity was verified by moderators on Reddit, it can't be verified by Business Insider.]

Q: How do you feel about the Doritos Locos Taco?

A: It's the best thing to happen to Taco Bell in years. We make so much money off it and it's so good. 

Source: Reddit's Ask Me Anything



Q: Any idea of roughly how many people you serve per hour at peak time?

A: Probably 100-200 customers in the drive thru and 100 in the store.

Source: Reddit's Ask Me Anything



Q: How bad do the bathrooms get?

A: They are never very dirty. There is never really anything bad in there. We clean them once to twice a day.

Source: Reddit's Ask Me Anything



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