Channel: Business Insider
Browsing All 48954 Browse Latest View Live
Mark channel Not-Safe-For-Work? cancel confirm NSFW Votes: (0 votes)
Are you the publisher? Claim or contact us about this channel.

James Bond's Gadget-Filled Aston Martin Is On Sale For $4.7 Million


bond 007 skyfall aston martin db5 history

Only four Aston Martin DB5s were specially made for the James Bond movies "Goldfinger" and "Thunderball."

Only two of those were fully equipped with all the gadgets that made them fit for 007.

Now, one of those rare vehicles is for sale.

Listed for £3 million ($4.7 million), the DB5 has fake machine guns, revolving license plates, and the "tire-slicer" that sticks out of the wheel, according to the Daily Mail.

It also comes with a bulletproof shield, oil slick and nail dispensers, and a smoke screen.

The other DB5 made with all the gadgets was sold in 2010 for $4.6 million, according to UrbanDaddy.

The car is offered for private sale by RS Williams, a British Aston Martin dealer.

[Hat Tip: UrbanDaddy]

Please follow Getting There on Twitter and Facebook.

Join the conversation about this story »

These Are The World's Most Affordable Cities


india gate new delhi

If you're looking to stretch your dollar on a global scale, you should definitely consider a move to the Far East.

In the Economist's latest World Cost Of Living Index, Asian countries make up more than half of the world's 20 least expensive cities –– and six are in the top 10.

The bi-annual index ranks countries based on the prices of 160 commodities*, including food, drink, clothing,  housing, transport, utility bills, and private schools. 

These types of lists are typically used by companies to determine how much to adjust employee salaries based on where they are stationed, but we think it's a pretty fascinating snapshot of global life in and of itself. 

For one thing, half the top 10 cheapest places to live are widely known for under-performing economies, high income inequality and political unrest. 

*The index is based on the cost of living in New York City, which is fixed at a base of 100.

10. Tehran, Iran

World Cost of Living Index: 58

1 kg loaf of bread:

  • Today: $1.55
  • Five years ago: $0.24

A bottle of wine:

  • Today: N/A
  • Five years ago: N/A

A pack of cigarettes:

  • Today: $2.53
  • Five years ago: $1.88

1 liter of unleaded gas: 

  • Today: $0.53
  • Five years ago: $0.11

9. Jeddah, Saudi Arabia

World Cost of Living Index: 57

1 kg loaf of bread:

  • Today: $1.33
  • Five years ago: $1.10

A bottle of wine:

  • Today: N/A
  • Five years ago: N/A

A pack of cigarettes:

  • Today: $2.40
  • Five years ago: $1.60

1 liter of unleaded gas:  

  • Today: $0.13
  • Five years ago: $0.16

8. Panama City, Panama

World Cost of Living Index: 56

1 kg loaf of bread:

  • Today: $3.34
  • Five years ago: $1.95

A bottle of wine:

  • Today: $6.92
  • Five years ago: $11.00

A pack of cigarettes:

  • Today: $4.08
  • Five years ago: $1.43

1 liter of unleaded gas:  

  • Today: $1.15
  • Five years ago: $0.83

See the rest of the story at Business Insider

Please follow Your Money on Twitter and Facebook.

Alex Rodriguez And Derek Jeter Are Looking At The Same $9 Million Apartment In Harlem


A-rod and jeter condo

The New York Post is reporting that both Yankee stars Derek Jeter and Alex Rodriguez have expressed interest in a $9 million apartment in Harlem on Central Park North.

The apartment is 5,400 square feet and has six bedrooms and 6 and a half bathrooms.

It also has 100 feet of outdoor terraces and a beautiful view of NYC's Central Park.

The views are spectacular

And the light just pours in

Large, modern kitchen

See the rest of the story at Business Insider

Please follow Sports Page on Twitter and Facebook.

20 Valentine's Day Gifts Your Sweetheart Will Actually Appreciate


kissing booth valentine's day

Valentine's Day is right around the corner, and this year, you may want to step up your game from the usual selection of flowers and chocolates.

We've come up with a whole bunch of sweet and original gifts that your sweetheart will truly appreciate.

Give a tech-y gift with a personal twist

If your sweetheart is addicted to her smartphone, than this custom photo iPhone cover from Shutterfly is the perfect gift.

Covers are available for iPhone 5, 4G/GS, and 3G/GS, and can have as many as five photos. Order before Friday, Feb. 8 to make sure it arrives in time.

Buy it: $34.95 at Shutterstock

Keep her feet warm with these cozy slippers

Let's face it, Valentine's Day is a frigid holiday in lots of places.

We'd be thrilled to get Ugg's plush Cozy II slippers, $110, with sheepskin lining and a suede exterior. In fact, we might never take them off.

Buy them: $110 at Zappos

Turn her bathroom into a private spa

We're big fans of Fresh, a nationwide body products chain with an endless assortment of sweet-smelling soaps, scrubs, and lotions.

Pick up a lotion or bubble bath in her favorite scent, or select a couple of items from Fresh's all-natural sugar collection. But skip the gift certificate; it will feel impersonal.

Buy it: Click here to shop Fresh's sugar collection

See the rest of the story at Business Insider

Please follow The Life on Twitter and Facebook.

Actress Tatum O'Neal Unloads Her Downtown Condo For $1.72 Million


Tatum O'Neal

Actress Tatum O’Neal has sold her condominium unit inside the converted Jewish Daily Forward building at 173 East Broadway for $1.72 million, according to public records filed with the city today. Tim Cass of the Corcoran Group had the listing for the 1,435-square-foot home.

The two-bedroom, two-bathroom home has spent some time as a rental, first in 2011 with a $6,000 per month asking rent, Streeteasy.com shows. Last June, the home was listed again as a rental—this time for $7,000 per month—but was no longer available as of Sept. 13, Streeteasy shows. The following day the home went on sale with a $1.65 million ask.

Reached by phone, Cass confirmed that he had the listing for the mezzanine-level home, adding that it prompted a bidding war, though he declined to comment on how many offers he received for the unit.

“It got a lot of attention,” he said. “It’s a very unique property.”

The unit has a domed ceiling, which was originally part of the lobby of the Forward building. It is the only unit inside the 45,000-square-foot, 29-unit building that has direct elevator access from the street.

Built in 1912, the property was converted to condos in 2006 by a developer named Ron Castellano, who preserved original details, as the property is landmarked, Cass said. For example, stained-glass windows inside O’Neal’s unit were updated with a double pane so that they can open. The bathrooms also have coffered ceilings, he said.

“They maintained the original integrity of the building,” he said.

O’Neal, who listed a Beverly Hills residence, purchased the home in 2006 for $1.43 million, records show. O’Neal, who in 1974 became the youngest person to win an Academy Award, has appeared in such films as “Little Darlings” and “Basquiat,” the biopic of artist Jean-Michel Basquiat.

More recently, she has become tabloid fodder, reportedly being arrested near the Forward building for buying crack cocaine. She was released without bail and pleaded guilty to disorderly conduct, previous reports say.

The deed for the condo shows the sale entered contract on Nov. 13 and transferred on Jan. 17. Daniel and Abby Ziluca are listed as the purchasers. Cass said he also represented the buyers, but declined to comment further on them.

O’Neal could not immediately be reached, nor could the Zilucas.

Please follow The Life on Twitter and Facebook.

Join the conversation about this story »

Guest Of A Guest's Official Party Guide For New York Fashion Week

10 States With The Best Tax Breaks For The Wealthy


Miami Beach, FloridaThere's no better evidence of the growing chasm between America's rich and poor than state tax rates. 

On average, the nation's lowest-income residents pay tax rates that are twice as high as the wealthiest 1 percent of taxpayers, according to a new report by The Institute on Taxation and Economic Policy. 

That includes state, income, property and sales taxes, of which the rich pay 5.6 percent of their income and the bottom 20 percent of earners pay 11.1 percent each year.

Using ITEP data, along with data from the Tax Foundations' latest State Business Tax Climate Index, we've compiled a list of the ten states with the best tax rates for the wealthy and, consequently, the largest tax gaps between the rich and the poor. 

10. Alabama

Rounding out the best states for the wealthy is Alabama, one of several Southern states that are overwhelmingly friendly to high earners. 

The wealthiest 1 percent pay just 3.8 percent of their income in taxes, while the poorest taxpayers shell out 10.2 percent. The middle class isn't far behind, with 9.4 percent paid in taxes on average.

Individual income taxes: The Tax Foundation ranked Alabama the 18th best state for income taxes. 

Wealthy resident: Marguerite Harbert, widow of the late construction and energy mogul, John Murdoch Harbert III, is worth $1.4 billion.

9. Indiana

In Indiana, the wealthiest 1 percent of taxpayers see 5.4 percent of their income eaten up by taxes, while the lowest earners part with 12.30 percent. 

Middle-income residents shell out 10.7 percent to taxes. 

Individual income taxes: The Tax Foundation ranked Indiana the 10th best state for income taxes. 

Wealthy resident: Gayle Cook, member of board of directors of medical device firm Cook Group, is worth $3.4 billion. 

8. Pennsylvania

Pennsylvania's wealthy pay 4.4 percent of their total income toward taxes, while the poorest 20 percent pay more than twice that rate –– 12 percent.

The middle class parts with nearly 10 percent of their take-home pay.

Individual income taxes: The Tax Foundation ranked Alabama the 12th best state for income taxes. 

Wealthy resident: Hansjorg Wyss, chairman of Swiss medical device manufacturer Synthes Holding AG, is worth $7 billion.

See the rest of the story at Business Insider

Please follow Your Money on Twitter and Facebook.

The World's 'Most Michelin-Starred' Chef Is Now Hawking Home Fragrances


Joël Robuchon

We've heard of chefs launching kitchenware lines and writing cookbooks, but the new product launch from Joël Robuchon, a master chef and restaurateur who has gained fame as having more Michelin stars to his name than any other person, was something we didn't expect.

We just got a press release announcing Robuchon's line of "interior scents" candles, room sprays, and scented oils.

While the last thing we'd ever want is for our home to smell like a restaurant kitchen  which was what we imagined when we read the subject line Robuchon's five fragrances actually sound kind of tasty.

Here are the descriptions:

Chocolat Sensation: Seduction through the simplicity of a pure grand cru chocolate. A masterful aria of intense bitter dark chocolate, lightened with soft notes of flowers and spices. Sinfully aromatic!

Givre Menthe Thé Vert: A subtle blend of green tea and wild mint in a most delicate fragrance. Fascinatingly fresh!

Infiniment Vanille: A voluptuous and exotic garden, rich with the scent of woody vanilla. A wonderful ode to vanilla in its infinite olfactory splendor.

Paradis d’Epices: Bewitching notes concocted from a fusion of candied citrus and caramel, lifted by just a touch of nutmeg and ginger, and mellowed out by notes of patchouli. Soft sensuality in an unforgettable scent ...

Poivre Passion: A daring mix of passion fruit, pink pepper and sweet paprika, infused with fruity, spicy and slightly sweet tones. An alluring contrast of strength and softness.

No word yet on where and when they'll be available, or what they cost. But keep them in mind next time you need a house gift for your foodie friends.

joel robuchon fragrances

SEE ALSO: The Ultimate List Of Restaurants Owned By Celebrities

Please follow The Life on Twitter and Facebook.

Join the conversation about this story »

The Two Most Expensive Cities In The World Are On The Same Pacific Island


Today's daily chart compares the cost of living in cities around the world. The annual index compiled by our sister company, the Economist Intelligence Unit, shows Tokyo has reclaimed its place as the world's priciest place to live in. Japan's capital has ranked first in 14 out of the past 20 years. Only Zurich (which was first last year thanks to its strong currency), Paris and Oslo have also come first in this period. The index is a weighted average of the prices of 160 products and services, with New York's figure set to 100 to provide a base for comparisons. See the full article for a ranking of selected cities, and where they placed five and ten years ago.

economist cost of living chart

Please follow Money Game on Twitter and Facebook.

Join the conversation about this story »

HOUSE OF THE DAY: A Guy With A Pirate Fetish Is Selling His Insane Caribbean Mansion For $35 Million


Virgin Islands Villa Whydah

An anonymous and very wealthy homeowner with an apparent pirate obsession is selling his pirate-themed villa on the island of St. Thomas for a grand $35 million.

Called Villa Whydah, it's ben described by its owner as "the retirement home of a pirate who surrounds himself with the bounty of his exploits with his wife at his side."

Named after a pirate ship that sank in 1717, Whydah sits on the western tip of St. Thomas with views of Botany Bay, the Atlantic Ocean, and the Caribbean Sea. Not only does the 19,000-square-foot home have helipad access, two guest homes, and a caretaker house, but it's fully-outfitted with every bell and whistle someone could dream up.

It comes with six bedrooms, eight bathrooms, and a custom-tiled pool and spa. The mansion is also outfitted with top-notch security and a Crestron System that allows you to control every aspect of the home's electronics, lighting, and temperature from anywhere in the world on your smart phone.

Essentially, it's the perfect place to store your treasure. Lee Steiner at Sotheby's International Realty has the listing.

This is Villa Whydah in Charlotte Amalie, the capital of the Virgin Islands.

Source: Sotheby's International Realty

It's located on the western tip of St. Thomas, and has incredible views of Botany Bay.

Source: Sotheby's International Realty

It's a part of a 397-acre gated community known as The Preserve.

Source: Sotheby's International Realty

See the rest of the story at Business Insider

Please follow The Life on Twitter and Facebook.

The 20 Best Chinese Restaurants In America


Hunan Taste chinese restaurant food

Just how all-American is Chinese food?

We’ve been placing delivery orders since the 1920s, and there are now more than 41,000 Chinese restaurants in the U.S., nearly three times the number of McDonald’s, according to Chinese Restaurant News.

Jump ahead to the best Chinese restaurants >

With this expansion, Chinese kitchens have pushed well beyond General Tso’s chicken, introducing creations like Mission Chinese Food’s fiery kung pao pastrami as well as more regional dishes, from western-style cumin lamb with hand-ripped noodles to Sichuanese pepper frog legs. The result is a reinvigorated debate over what makes for authentic Chinese food, plus plenty of tantalizing, adventurous eating.

You’ll find restaurants setting the bar higher in immigrant enclaves like New York City’s Flushing neighborhood and California’s San Gabriel Valley, but also in Vermont, Chicago, and Salt Lake City. Some are family-owned, hole-in-the-wall joints, while others have spawned celebrity chefs like Peter Chang, originally from Hubei Province.

Hunan Taste in Maryland is on the stylish end of the spectrum, with traditional design elements (calligraphy, red walls) and dishes to satisfy all comers.

Choose from a Chinese menu that includes tea tree mushroom casserole and stir-fried leeks with dried bean curd, or go for the comfort of the American menu’s sweet-and-sour spareribs. It’s not unusual for Chinese restaurants to have differing menus or special unlisted preparations available on request.

“There are so many cool dishes that aren’t being put out front; experimenting can be intimidating, but it’s worth it,” says Scott Drewno, executive chef of The Source, Wolfgang Puck’s contemporary Asian restaurant in D.C. Drewno says he fell in love with Chinese food at age 21, while working with Puck in Vegas.

Now he has put his own spin on Chinese: sesame-miso cones filled with ahi tuna; pork belly dumplings with black vinegar and chili oil; and lacquered duck with sweet-and-sour huckleberries.

The Source hosts a great-value Saturday dim sum brunch and special events; you can learn to make the dumplings yourself as part of a class timed to Chinese New Year (typically late January or early February). Dumplings are considered symbols of luck, wealth, and prosperity—a key part of the holiday feasting.

Here’s a first bit of good fortune: our short list of the best Chinese restaurants across the U.S. See how many you’ve tried, and share your favorites in the comments below.

See the best Chinese restaurants >

More from Travel + Leisure:

New York's Top Restaurants

Best Italian Restaurants In The US

America's Most Romantic Restaurants

London's Best Restaurants

T+L's World's Best

Lao Sze Chuan: Chicago

Awards continue to rack up for Lao Sze Chuan, one of the first area Chinese restaurants to earn three forks from the Chicago Tribune, and a designated “Bib Gourmand” in the 2012 and 2013 Michelin Guide.

Owner Tony Hu, dubbed the Mayor of Chinatown, has seven Chinese restaurants, with four more slated to open by the end of this year.

Yet people continue to wait in line for a table at this Sichuan spot, known for its extraordinary spiciness and fearless dishes like sour pickle and pork stomach soup and Peking-style duck tongue (milder options are also available). tonygourmetgroup.com


Gourmet Dumpling House: Boston

Expect to be one of only a handful of English-speaking diners at this small, family-owned restaurant in Boston’s Chinatown.

Though the menu leans toward Taiwanese and coastal cuisines—the soup dumplings filled with pork, crabmeat and a delicate broth and the scallion pancakes are not to be missed—you’ll also find skillfully executed Sichuan dishes, like the sliced fish, revered for it’s perfect balance of heat and tenderness.

Gourmet Dumpling House, Boston

Peter Chang Café: Richmond, VA

A native of Hubei Province, Peter Chang got his start at a no-frills restaurant inside a strip mall in Fairfax, VA, in 2005.

Eight restaurants in nearly as many states, a cultlike following, and countless awards later, Chang opened his namesake restaurant in Richmond.

The bold, exotic flavors will leave your tongue numb, especially if you opt for the Hot & Numbing Hot Pot, a combo of seafood, chicken, beef, and veggies submerged in a fiery red sauce. The oversize portions are meant to be shared and arrive on an as-ready basis. peterchangrva.com


See the rest of the story at Business Insider

Please follow The Life on Twitter and Facebook.

The Best Places To Ring In The Lunar New Year Around The US


Chinese New Year celebration in Los Angeles

The Lunar New Year (or Spring Festival) starts on Sunday. This year will be the Year of the Snake.

Millions of Chinese people around the world will ring in the new year with reunion dinners, dumplings, fireworks and lion dances. 

Of course there are serious celebrations in China, but there are some pretty awesome parties right here in the U.S. From L.A. to New York, we've found the best places to celebrate the Chinese New Year in America. 

New York City

New York City has a thriving Chinatown in downtown Manhattan, and an even bigger unofficial Chinatown in Flushing, Queens.

There are major celebrations around the city, including a Sunday morning parade in Manhattan's Chinatown and a parade and festival in Flushing on Feb. 16th.

If parades aren't your thing, the China Institute of America is hosting a few events, including a children's celebration and a dumpling making workshop.

Meanwhile restaurants in Chinatown will be open for business — you can stop for dumplings at Joe's Shanghai or Nom Wah Tea Parlor — and several restaurants will be offering special menus for the Lunar New Year, such as Hakkasan, Buddakan, and Talde.

San Francisco

San Francisco's bustling Chinatown is one of the largest in the U.S. — and possibly anywhere outside of China.

In honor of the new year, there's a flower fair and street fair in Chinatown, along with a big parade on February 23rd, which features more than 100 floats, bands, and more. There's also a Miss Chinatown USA pageant, a Chinese New Year Treasure Hunt and a Chinese New Year 10k run.

Los Angeles

From a festival on glitzy Rodeo Drive to a flower fair in Monterey Park, Los Angeles hosts a bunch of events for the new year. 

There's an elaborate scavenger hunt (The Great Chinatown Hunt), the Firecracker 10k, and family-friendly festivals at a few city museums. Even Disneyland has a big Lunar New Year celebration.

But the biggest celebration is the Golden Dragon Parade in L.A.'s Chinatown on February 16th.

See the rest of the story at Business Insider

Please follow The Life on Twitter and Facebook.

Las Vegas Sands Confirms Plan For An Enormous Madrid Mega-Casino


Las vegas sands

US firm Las Vegas Sands said on Friday that it will go ahead with the construction of a vast casino project near Madrid which could create up to 200,000 jobs, the Madrid regional government said.

Six years after unveiling the contested project, the company run by US billionaire Sheldon Adelson will build the project on 750 hectares (1,850 acres) of land in Alcorcon, located about 15 kilometres (10 miles) southwest of the Spanish capital, the head of the regional government of Madrid, Ignacio Gonzalez, said.

"We expect to launch the first rock at the end of the year," he told a news conference.

The "Eurovegas" project calls for the construction of four casino complexes with 12 hotels providing 36,000 rooms, nine theatres, three golf courses, and convention centres over a period of 10-15 years.

The Madrid region fought hard to lure in the project at a time when Spain is grappling with a record unemployment rate of 26 percent.

Last year Las Vegas Sands, the world's biggest casino company by market value, chose Madrid over Barcelona for the project after months of talks with the two competing cities but the exact location where it would be built was only unveiled on Friday.

Alcorcon beat out two other locations near Madrid, Valdecarros and Paracuellos-Torrejon, in the race to host the project.

Opponents complain that public money will be used for a private project while Spaniards are suffering from cuts in public services.

A protest group, Eurovegas No, said it would demonstrate in Madrid later Friday.

Critics fear the casinos will spawn prostitution and crime, and a return to the excesses of Spain's property bubble, which imploded in 2008 triggering a double recession.

Las Vegas Sands operates The Venetian and The Palazzo casinos in Las Vegas and Marina Bay Sands in Singapore, as well as properties in Macao.

Please follow Money Game on Twitter and Facebook.

Join the conversation about this story »

Tour Barbie's Malibu Dreamhouse — Mattel Is Selling It For $25 Million As A PR Stunt



For 41 years, Barbie has lived in her Malibu Dreamhouse, a three-story confection of faux old world charm and pink hardwood floors.

But now, as part of a new campaign for the doll, Barbie is selling her longtime beach home and moving somewhere else. She wants $25 million for the property, as listed onTrulia. The campaign contains several "real" elements — the house even has a human listing agent, for instance (it's  Josh Altman, of the TV show “Million Dollar Listing: Los Angeles”).

By fall this year, Mattel will unveil a new home for Barbie, and hopefully the California real estate market will cooperate and she'll be able to move in.

But for now, feast your eyes on the inside of the most famous house in all of Malibu, Calif.

Barbie's Dreamhouse is three stories tall — which is unusual for a beach property.

The front door has Victorian features.

Note the wrought-plastic detailing.

See the rest of the story at Business Insider

Please follow Advertising on Twitter and Facebook.

Time To Debunk The Myth That D.C. Residents Pay Higher Taxes Than Their Neighbors


biking bike washington dc style manI recently had a conversation with a friend who was moving and said she preferred to live in Maryland than in D.C. because D.C. residents pay higher taxes. She wasn’t the first local to tell me that. But is this claim true?

It appears in this case, conventional wisdom is out of touch with the facts. The DC Fiscal Policy Institutecompared hypothetical families earning $50,000, $100,000, or $200,000 and found that, in most cases, D.C. residents have lower combined income and property taxes than Maryland or Virginia residents. The primary reasons cited are lower property tax rates and benefits such as the homestead deduction, which combine to limit homeowners’ taxable assessment.

However, the DC Fiscal Policy Institute’s study focuses on middle-class families, and notes that for low-income families, taxes are higher in DC than in Maryland and are similar to Virginia. The DC Chief Financial Officer’s most recent comparative tax study confirms that DC taxes are lower relative to neighboring jurisdictions for families earning $50,000, $75,000, $100,000, and $150,000. This does not hold true at the $25,000-income level, where DC taxes are middle-of-the-pack.

So, it would appear that whether it is preferable to live inside DC or just outside of it depends on your income level.

A report from the Institute on Taxation and Economic Policy, comparing tax systems in all 50 states, finds that taxpayers in D.C. with incomes of $20,000 to $252,000 pay about 10 percent of their incomes in property, sales, and income taxes. Conversely, the top 5 percent pay about 8 percent of their income. On the upside, those earning below $20,000 pay the lowest rate, 6.2 percent.

The reason for this regressive taxation on moderate-income families is D.C.’s reliance on sales and excise taxes, which fall heaviest on low-income families. Low-income tax benefits, particularly D.C.’s earned income tax credit, offset this regressivity for the poorest families, but not for those of low to moderate income.

Conventional wisdom and the current US tax code suggest that Americans on both sides of the aisle favor a progressive tax system, even if they disagree on the extent. Regressivity creeps into the tax code through taxes other than the income tax. DC is not alone in this problem, or even an egregious example: the Institute on Taxation and Economic Policy report finds nearly all state and local tax systems take a greater share of income from middle- and low-income families than from the wealthy. In DC, the sales, excise, and property taxes are regressive enough to overbalance a progressive income tax.

Not only DC but other state and local jurisdictions could stand a comprehensive review of how taxes are collected and who pays. However, in neither quantity nor quality is DC remarkably different from its neighbors in taxation.

This post originally appeared on the Urban Institute's MetroTrends blog, an Atlantic partner site.

Katherine Toran is a Research Assistant for Eugene Steuerle at the Urban Institute. Her current research areas include tax policy and charities and public investment in children. Toran graduated from Grinnell College in Grinnell, IA. All posts » 

SEE ALSO: 10 states with the best tax breaks for the wealthy >

SEE ALSO: The world's most affordable cities >

Please follow Your Money on Twitter and Facebook.

Join the conversation about this story »

Fashion Week Is Imploding Thanks To Snowstorm Nemo


Sibling London Fashion Week 2013

The threat of Snowstorm Nemo is already wreaking havoc on New York Fashion Week. 

There are serious logistical problems.

Marc Jacobs postponed his show until Thursday, saying that bad weather could postpone some deliveries and keep staff from being able to travel. 

Meanwhile, designer Jenni Kayne is stuck in Los Angeles because her flight was cancelled, so she probably won't make her runway show, reported Charlotte Cowles at The Cut

Those tweeting from the front lines at Fashion Week had a wide range of reactions. 

Celebrity photographer Nigel Barker and designer Michael Kors put on an air of bravado: 

tweet nyfwtweet nyfw

Meanwhile, others reported inconveniences because of the storm: 

tweet #nyfw

tweet nyfw

Screen Shot 2013 02 08 at 11.02.59 AM

And one man offered a good solution: 

tweet nyfw

We'll keep updating as the Fashion Week implosion develops. 

If you have a crazy storm experience you'd like to share, tweet @ashleylutz or email alutz <at> businessinsider.com. 

DON'T MISS: Prabal Gurung Could Save eBay From Being A 'Fast-Fashion Graveyard' >

Please follow Retail on Twitter and Facebook.

Join the conversation about this story »

All The Single Boomers Out There Have Researchers Pretty Troubled


high school reunion boomers party

It's no secret that half of new American marriages are doomed to fail, but it's the growing rate of married boomers who are calling it quits that has researchers worried. 

One in 10 baby boomers were divorced in the early 1990s, a rate that has more than doubled since then, according to a 2012 study by the Department of Sociology at Bowling Green State University.

At the time, researchers theorized that the higher rate of divorce may have to do with the fact that boomers are simply more likely to have had multiple marriages (research has shown adults in their second and third marriages have a 150 percent greater chance of splitting up than first-timers). 

Along with higher divorce rates, there are more boomers today who have never married than ever before. 

Still, why all the fuss?  

As much as Hollywood has romanticized the "Eat, Pray, Love" approach to the midlife crisis, it turns out being single isn't all it's cracked up to be. Per the study: 

"The absence of a spouse makes unmarried Boomers, especially men, vulnerable because they are less likely to have access to a reliable nearby form of social support, including children. Moreover, unmarried Boomers are more likely to need social support, as we find that they are twice as likely as married Boomers to be disabled. These health and social support deficits among unmarried Boomers could place a heavy burden on society in the near future. Institutional supports will need to accommodate the greater demands for services that we would anticipate from unmarried Boomers."

On top of that, poverty rates are five times higher among unmarried boomers (20 percent) than married boomers (4 percent), the study found. And single boomers are three times as likely to rely on government assistance like food stamps, Medicaid, and Social Security. 

That's especially worrisome for unmarried older women. According to the U.S. Social Security Administration, widowed and divorced women rely on Social Security for 50 percent of their income after age 65. If never married, women wouldn't be able to claim the same spousal and widow benefits to supplement their income in old age. 

SEE ALSO: 10 states where people are living on the edge of financial ruin >

SEE ALSO: The world's most affordable cities >

Please follow Your Money on Twitter and Facebook.

Join the conversation about this story »

Watch Out For A 'Nefarious' Up-Charge When Ordering Whiskey Without Ice


whiskey neat in a glassSo you want a glass of whiskey, but you don't want ice. It shouldn't cost you more, should it?

Bloomberg Businessweek's Devin Leonard shared a cautionary tale about a "nefarious" up-charge that was thrust upon him when he ordered a whiskey, neat.

He went to a reputable burger joint, BLT Burger, in Manhattan's Greenwich Village and asked for "a Woodford, straight up." He clarified a second time that he didn't want any ice.

After downing the drink and eating the meal, it happened.

The drink was $13, which isn't totally outrageous in Manhattan.

But tacked on to it was a $2 charge for "neat."

Whaaaat? A travesty!

Leonard described what happened next:

I asked my waitress to clarify. She summoned the manager, a friendly young guy. He told me with a smile that I got extra Woodford without ice. He said this explained the extra charge. What’s more, he told me that this was common practice in the city.

“Well, this is the first time I’ve ever seen it,” I responded, adding that my bourbon wasn’t exactly jumbo-sized.

“Oh, no, sir,” he assured me. “Everybody does it.” They offered me another one free, just to make up.

Business Insider energy reporter Rob Wile had the exact same experience in the same restaurant.

But is a lack-of-ice charge really a common practice?

Leonard had never seen it happen before, so he called up the folks at the Bartender Boot Camp. Jordan Goldman, the manager, asked a pair of his instructors.

“One of them said he’d never heard of the practice,” Goldman told him. “The other one said the only time she’d done it was when she worked in a restaurant in a catering hall. They would charge two dollars. She got complaints all the time.”

I've never seen it either so I insta-polled the Business Insider newsroom. Most people said they hadn't seen it, but a few confirmed the up-charge's existence in other establishments.

Business Insider military and defense editor Robert Johnson noted that he had worked in many places where a whiskey without ice is more. Strategy reporter Max Nisen said that he'd stumbled upon the charge too, prompting him to exit the bar immediately thereafter.

Video producer Robert Libetti, a former bartender, shared his experiences with up-charges as well.

"I can say I've seen and used the up-charge," he said. "But if I remember correctly it was never used when serving something neat. It was only done when making a cocktail 'up,' like a martini or Manhattan for example."

One thing's for sure — people don't like being up-charged like that. Make sure you're on the lookout for it, just in case.

Have you run into an extra charge for whiskey, neat? Where? Let us know in the comments.

Now Watch: The Story Of Hudson Whiskey, The First Distillery In New York Since Prohibition


SEE ALSO: The Zombie Websites Of Dead Retailers >

Please follow Retail on Twitter and Facebook.

Join the conversation about this story »

We Found The Ultimate Valentine's Day Gift For Bacon Lovers


Baconery in Harlem Exterior

When Wesley Klein started baking bacon banana bread and bacon chocolate chip cookies at his home in 2011, he knew he had stumbled onto something big.

Jump right to photos of our bakery tour and taste test >>

"For a couple of months, I would bring my creations into work once a week," said Klein, a former Best Buy manager. "Some stuff worked, some stuff didn't, but [my coworkers] loved it. Baconery took off from there."

Since his first makeshift test kitchen experiments, the menu at the Baconery on New York's Upper West Side hasn't changed very much. Most of the core items that Klein first baked for coworkers in 2011 are still on the menu, like those chocolate chip bacon cookies and the beloved thick-cut bacon dipped in high-quality chocolate.

That hasn't stopped the menu from expanding into seasonal and monthly specials though, including the latest Valentine's Day treats like marshmallow hearts with bacon sprinkles, red velvet bacon cake balls, and chocolate-covered bacon with "naughty" phrases.

But it's not all sweets and pastries at Baconery. On Saturdays, Klein and his team are already planning to expand their Saturday bacon mac and cheese nights to an all-weekend affair, and their monthly caramel apple bacon doughnuts to a weekend morning pick-me-up.

"Our fan base has definitely grown. We get a lot of regular local and international press, and of course we have our repeat customers," Klein explains.

All that press — from features on the Travel Channel to The New York Times— has definitely paid off. This weekend alone, the Baconery staff will be working non-stop to fill more than 100 orders for Valentine's Day. The company also has plans to build a worldwide franchise on their salty-sweet products and hopes to become a recognized brand on store shelves with bacon ice cream and bacon cookies.

So with all this hype and Valentine's Day just around the corner, we had to see the specialty bacon bakery for ourselves. And after visiting with Wesley Klein and trying all his bacon sweets, we have to agree with him: "Life is just better with bacon."

Welcome to the Baconery Café, up on 105th and Columbus on New York's UWS.

The inside is small, but bursting with personality. Note the bacon tables, pillows, framed bacon art, and bacon carpet leading you towards (what else?) the bacon.

As you can tell, they take bacon VERY seriously. Check out their Rules of Bacon.

See the rest of the story at Business Insider

Please follow The Life on Twitter and Facebook.

7 Real Horse Meat Dishes From Around The World


Horse meat sashimiEveryone's freaking out about horse meat after it was recently found in Burger King burgers and UK frozen beef lasagnas.

While there are health concerns associated with these surprise findings, horse meat is actually a pretty traditional cuisine made all around the world.

From eating raw horse meat to getting drunk off horse milk, take a look through real horse dishes from around the world.

You can find horse meat sashimi in Japan

Source: NYT

Horse meat rice noodles are a staple dish in Guilin, Guangxi, China

Source: Guangxi Travel

In Slovenia, there's actually a fast food chain called Hot Horse that serves 'Horseburgers'

See the rest of the story at Business Insider

Please follow Science on Twitter and Facebook.

Browsing All 48954 Browse Latest View Live