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One of Obama's central arguments about Iran is falling apart

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Assad loyalist Syria flag photo

US President Barack Obama has spent a lot of time assuring those who are concerned about the impending Iran nuclear deal that sanctions relief will be spent on growing the Iranian economy rather than ramping up the country's participation in regional conflicts.

That argument rests on shaky ground amid reports of Iran's tremendous financial investment to back its closest Arab ally.

Eli Lake reports that Iran is spending much more to support the embattled regime of Syrian dictator Bashar Assad than the Obama administration has ever acknowledged.

The UN special envoy for Syria estimates that Iran spends $6 billion a year supporting Assad's government, and other experts estimate that Iran spends much more than that.

"Nadim Shehadi, the director of the Fares Center for Eastern Mediterranean Studies at Tufts University, said his research shows that Iran spent between $14 and $15 billion in military and economic aid to the Damascus regime in 2012 and 2013, even though Iran's banks and businesses were cut off from the international financial system," Lake reports.

If some of these sanctions are lifted with a nuclear deal that is most likely coming by June 30, that would give Iran even more money to support its interests in the region.

"The White House seems deeply convinced that the money Iran may get will go to help boost the Iranian economy instead of being used to support their regional interventions and initiatives," Foreign Policy CEO David Rothkopf wrote recently. "The [Gulf officials] at Camp David did not share this view (nor do some senior former officials of the administration with whom I have spoken).

"For example, even if the Iranians got only $100 billion and used 90% to help the economy, the remaining $10 billion would have a potentially big impact in places like Syria, Iraq, and Yemen," Rothkopf wrote. "Further, no one among the regional experts with whom I have recently spoken felt that the Iranians would use a fraction as low as 10% of the monies in support of their regional policies."

RTX1D0UVObama has assured Americans that Iran's military activities are low-cost and that money Iran will be able to bring in after sanctions are lifted would go toward shoring up its economy.

He told The Atlantic in an interview last month: "It is not a mathematical formula whereby [Iranian leaders] get a certain amount of sanctions relief and automatically they're causing more problems in the neighborhood. What makes that particularly important is, in the discussion with the GCC countries, we pointed out that the biggest vulnerabilities that they have to Iran, and the most effective destabilizing activities of the IRGC and [Iran's] Quds Force are actually low-cost."

Given the problems Assad is facing and the cost of running a multifront proxy war, the argument that Iran's activities are low-cost is becoming much more difficult to make.

RTX13YBM

Earlier this month, Iranian President Hassan Rouhani said he would back Assad's regime "until the end," and sources in Syria report that about 7,000 Iranian and Iraqi fighters have arrived over the past few weeks. Iran's Shia theocracy is also allied with the Shiite-led government in Iraq.

Iran has been extending its influence in both Syria and Iraq as it seeks to become a major power in the Middle East, and outsize influence involves investment. And Rouhani's 2015 budget is great for the foreign arm of Iran's Revolutionary Guards corps, led by US-designated terrorist Qassem Suleimani.

Easing the economic sanctions would give Iran even more money to sink into its proxy wars. A nuclear deal that would lift some sanctions in exchange for the freezing of Iran's nuclear program could see Iran gain hundreds of billions of dollars over several years.

Iran has been a major player in the fight against the Islamic State militant group (also known as ISIS, ISIL, or Daesh) in Iraq and Syria. But Shiite fighters trained and supported by Iran have been fighting not only ISIS, but also moderate and radical rebel groups in Syria that oppose Assad's regime.

Basically, Iran is playing on multiple sides of the larger conflict engulfing its neighbors.

IIran Iraq mapIran's staunch backing of Assad puts the US in an awkward spot, as officials publicly insist that Assad must step aside but do little out of concerns about upsetting Iran amid the nuclear negotiations.

"The Syrian-American community asked the Obama administration for airstrikes on ISIS near Marea [in northern Syria] many months ago," Mohammed al-Ghanem, the senior political adviser for the Syrian American Council, told The Daily Beast recently. "We were rebuffed for the astounding reason that aiding the rebels in Aleppo would hurt Assad, which would anger the Iranians, who might then turn up the heat on US troops in Iraq."

The same goes for Iranian-backed militias accused of killing Sunni civilians and burning down villages in Iraq as US warplanes support them against ISIS.

assad syria

Someone has to pay for the barrel bombs Syrian warplanes are dropping on civilian areas as well as the array of weapons used by Shiite proxies in Syria, Iraq, and Yemen.

And even America's top military official thinks Iran would be happy to continue footing the bill with a fresh infusion of cash.

"If the deal is reached and results in sanctions relief, which results in more economic power and more purchasing power for the Iranian regime, it's my expectation that it's not all going to flow into the economy to improve the lot of the average Iranian citizen," Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, said Tuesday in Jerusalem. "I think they will invest in their surrogates. I think they will invest in additional military capability."

SEE ALSO: The startlingly simple reason Obama ignores Syria

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Why China wants as much personal data from US government servers as possible

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Computer Analyst Hacker Security Code

China is building a massive database of Americans' personal information as part of an evolving cyber-espionage operation targeting US government agencies and health insurance companies, US officials and analysts told The Washington Post.

To that end, last month's massive breach of Office of Personnel Management (OPM) servers — allegedly at the hands of Chinese hackers — marked a crucial win for China in its virtual war against the US.

"Personal information is just as valuable as passwords today," Mark Wuergler, a senior cybersecurity researcher at Immunity Inc., told Business Insider.

"Having a large database of personal information on key individuals that have access to critical infrastructure or classified information gives China an advantage in whatever agenda they have."

Chinese hackers allegedly stole data from more than four million federal employeeswhose Social Security numbers, passports, travel logs, schools attended, pets, and foreign contacts. And that data is probably in the hands of the Chinese government. 

"Hackers with this information don't necessarily need a password to access other accounts — almost all of them allow you to reset your password by just supplying it data about yourself," he added. "This means that China may have access to a lot more systems, accounts and profiles that are outside of government control."

The theft of federal employees' foreign contacts is particularly valuable.

"So now the Chinese counterintelligence authorities know which American officials are meeting with which Chinese," a China cyber and intelligence expert told the Washington Post. 

An unnamed official told Reuters that information taken includes security clearance information and background checks going back decades.

"This is deep. The data goes back to 1985," the official said. "This means that they potentially have information about retirees, and they could know what they did after leaving government."

U.S. Office of Personnel Management

Cyber security experts worry that the stolen information might allow China to blackmail some of the more vulnerable employees into becoming spies or informants for the Chinese government.

"We suspect they're using it [personnel information] to understand more about who to target for [for espionage], whether electronically or via human recruitment," Rich Barger, chief intelligence officer of cybersecurity firm ThreatConnect, told the Washington Post.

"These databases are creating a map of connected dots,"Wuergler said"By breaking into one organization it points in the direction of the next juicy target to siphon data from, or add to, an arsenal of leverage over a superpower."

The Chinese are masters of the long game, Wuergler added, and Chinese hackers have been known to infiltrate servers and maintain their access for a year or more to quietly spy on their targets.

"They are really good at what they do, and when they break into something it's not just smash and grab," Wuergler said, noting that hackers in the OPM network had been there for months before they were even detected.

SEE ALSO: 'We should be very clear: China is at virtual war with the United States'

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Stade Francais beat Clermont for Top 14 title

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Stade Francais players celebrate victory in the French Top 14 final rugby Union match between Stade Francais and Clermont Auvergne on June 13, 2015

Paris (AFP) - Stade Francais beat Clermont 12-6 to win the 2014-15 Top 14 title at the Stade de France on Saturday.

Stade's South African fly-half Morne Steyn kicked three first-half penalties to one from Camille Lopez.

Australian Brock James pegged Stade back before Steyn booted his fourth to ensure victory in the dying seconds.

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There's another conflict brewing in Iraq that 'could get get quite nasty'

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Kurdish Peshmerga iraq

There's a simmering conflict between two groups that are fighting the Islamic State terror group in Iraq.

Last week The Daily Beast reported last that in Jalawla, a town near the Iranian border, Kurdish fighters have kicked out Shia militias they fought alongside to retake the territory from the Islamic State (also known as ISIS, ISIL, and Daesh).

"Our relationship [with the Kurds] was good, but now our relationship has problems," Ali Khorasani, the commander of Shia militias that Kurdish forces expelled from Jalawla, told the Beast.

Kurdish fighters and Shia militias backed by Iran have stepped in to spearhead the fight against ISIS militants where Iraqi security forces have been insufficient. And now it appears there is a conflict brewing between what many regard as the two most competent fighting forces on the ground in Iraq.

"It’s going to be a simmering problem for some time," Phillip Smyth, a researcher at the University of Maryland and expert on Shia militias, told Business Insider. "If there was another major conflagration that did occur … then it would probably be the Shia militias versus Kurdish forces."

He continued: "I don’t think either side really wants it to blow up into something that will be a major conflagration … but there’s always the potential that something can light up and it could get quite nasty."

There's been talk of an independent Kurdistan for some time, and it seems that Kurds, an ethnic group, have been seizing on the opportunity to take over territory that they expel ISIS from.

sunni shia iraq

But a fully independent Kurdistan still isn't necessarily imminent, Smyth said. 

"Technically they’re already an autonomous quasi-entity but they need to get a few more ducks in a row to put everything together," he said.

In any case, it seems the Kurdish fighters are willing to defend land they see as theirs.

"This area is ours now, and that’s not changing,"Brigadier General Mahmoud Sangawi, who commands Kurdish Peshmerga forces, told the Beast in Jalawla. "For me, if [ISIS or Shia militias] attack me I will attack them, because this is my land. If they come to this land, of course I will fight them."

In February, the Associated Press described the relationship between the Shiites and the Kurds in Iraq as "a marriage of convenience" forged from their willingness to fight a common enemy — ISIS.

How long that lasts depends on what happens going forward.

In any case, independence for some of the Kurds is a internationally thorny issue. To get an idea of the stakes at play here amid wars in Syria and Iraq, here's a look at where ethnic Kurds reside:

Kurdistan

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There's a new 'Justice League' cartoon and it's unbelievably shocking and violent

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harley quinn bruce timm

As the man behind critically acclaimed "Batman: The Animated Series" and the wider DC Animated Universe of the '90s and early 2000s, Bruce Timm introduced a lot of young fans to the DC Universe.

batman the animated series harley quinn Young fans, however, should probably stay away from his latest DC creation. Probably old fans too, if they're squeamish. 

Because boy, does it get super dark

"Justice League: God and Monsters" is Timm's latest work, a shocking reinvention of the Justice League that's a complete 180 from his iconic DC Animated Universe. In this version, Batman is a vampire, Superman is the son of General Zod, and Wonder Woman is descended from Jack Kirby's New Gods as opposed to Greek Mythology.

While "Gods and Monsters" won't be available to watch until July 28, 2015, Timm will be rolling out three installments of "Justice League: Gods and Monsters Chronicles" in the meantime — a series of animated shorts released on YouTube channel Machinima.

The first, "Twisted," has Batman (who is Kirk Langstrom aka Man-Bat here, not Bruce Wayne) hunting down Harley Quinn, who is more demented (and scantily clad) than ever before.

As the title for the short suggests, it is messed up

No, those aren't Batman's disembodied heads or limbs.

Justice League: Gods and Monsters Chronicles - 1That's a torso in a Jack-in-the-Box!

Justice League: Gods and Monsters Chronicles - 2And Harley Quinn looks even crazier than usual! 

harley quinn justice leagueHere's how she typically looks in other iterations.

joker harley quinnharley quinn arkham knightAgain, here's another shot of her from "Twisted":

harley quinn justice league bruce timmTurns out Harley's not only using corpses for play things, she's also using them to create a fake family.

Justice League: Gods and Monsters Chronicles - 4Nothing screams creepy like taking a selfie with your dead pretend family.

harley quinn dead family selfie justice league bruce timmIt's also quite violent.

Harly Quinn Chainsaw gif FIXEDVampire Batman? 

Justice League: Gods and Monsters - 5This is bananas.

vampire batman justice league"The three shorts airing on Machinima were deliberately designed to be a bit shocking," said Bruce Timm in an interview with Kotaku's Evan Narcisse. "I wanted to smack people upside the head and say, 'Wake up! These are different characters.'"  

While "a bit shocking" might be kind of an understatement, Timm has certainly gotten his point across. 

We're kind of scared to see what Superman and Wonder Woman are going to do in the next few shorts. 

"Justice League: Gods and Monsters" will be available on July 28.   

For now, check out "Twisted" below:

SEE ALSO: Why the new DC Universe revamp is worth checking out

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Ronaldo, Lewandowski hit hat-tricks, Greece hit rock bottom

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Portugal's forward Cristiano Ronaldo scores a goal from a penalty past Armenia's goalkeeper Roman Berezovski during the UEFA Euro 2016 qualifying round Group I football match on June 13, 2015

Paris (AFP) - Yet another Cristiano Ronaldo hat-trick propelled Portugal to a crucial 3-2 win in Armenia in Euro 2016 qualifying on Saturday while Poland's Robert Lewandowski hit one of the quickest triples in the competition's history.

Andre Schuerrle also bagged a hat-trick in Germany's 7-0 thrashing of Gibraltar but former European champions Greece's embarrassing campaign continued as they were beaten 2-1 in the Faroe Islands.

Real Madrid superstar Ronaldo scored his third hat-trick in his last three games for club and country as Portugal held on with 10 men for the final half-hour in Yerevan to claim a crucial win in Group I.

Brazilian-born Marcos Pizzelli gave Armenia the lead but Ronaldo equalised from the penalty spot before adding two more in the space of four second-half minutes.

Fernando Santos' side then had Tiago Mendes, the Atletico Madrid midfielder, sent off and were left to hang on after Hrayr Mkoyan pulled a goal back for the hosts.

Portugal have now won four games in a row since starting their campaign with a 1-0 home defeat to Albania and they top Group I by two points from Denmark, who beat Serbia 2-0 in Copenhagen thanks to a goal in each half from Yussuf Poulsen and Jakob Poulsen.

Poland remain top of Group D ahead of World Cup holders Germany after Lewandowski's late hat-trick sealed a 4-0 win against Georgia in Warsaw.

Arkadiusz Milik put the Poles in front before captain Lewandowski doubled their lead in the 89th minute.

The Bayern Munich striker added another in the 92nd minute and completed a remarkable treble in the third minute of stoppage time to secure a handsome win.

It is the second-fastest hat-trick in the history of European Championship qualifying, bettered only by Arif Erdem, who scored three in three minutes for Turkey against Northern Ireland in the qualifying campaign for Euro 2000.

Poland are a point clear of Germany, who won 7-0 against minnows Gibraltar in Faro, southern Portugal, despite Bastian Schweinsteiger having an early penalty saved.

Schuerrle set them on their way and six more goals followed in the second half, including two more from the Wolfsburg forward, a brace from Max Kruse and one each for Ilkay Gundogan and Karim Bellarabi.

 

- Scotland deny Ireland -

 

Scotland remain third, two points better off than the Republic of Ireland, after coming from behind to draw 1-1 in Dublin, Shaun Maloney's shot deflecting in off home skipper John O'Shea to cancel out Jon Walters' opener for Ireland.

The prospect of seeing all four British sides qualify together for a major tournament for the first time since the 1958 World Cup remains a very real one, with Northern Ireland still second in Group F after a 0-0 draw at home to leaders Romania at Windsor Park.

Michael O'Neill's side are a point behind the Romanians and two better off than third-placed Hungary, who boosted their own chances by winning 1-0 in Finland thanks to a late goal by Zoltan Stieber of Hamburg.

However, Greece's disastrous campaign continued as they were beaten 2-1 by traditional minnows the Faroe Islands in Torshavn.

A goal in each half from Hallur Hansson and Brandur Olsen secured a famous win for the hosts, with Sokratis Papastathopoulos of Borussia Dortmund getting one back in vain for Greece.

It is the second time the Euro 2004 winners have lost to the Faroes in this campaign -- coach Claudio Ranieri was sacked after a 1-0 loss at home in November.

There has been no improvement yet under his Uruguayan successor Sergio Markarian, and Greece are rock bottom of the group with just two points from six games.

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England rekindle World Cup hopes with 2-1 Mexico win

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England's forward Fran Kirby (C) is congratulated by teammates after scoring a goal during the Women's World Cup between England and Mexico at Moncton Stadium, New Brunswick on June 13, 2015

Moncton (Canada) (AFP) - Fran Kirby and Karen Carney rekindled England's World Cup campaign with a 2-1 win over Mexico at the women's tournament on Saturday.

Mark Sampson's side desperately needed a win in their Group F tie after losing their opening match to France 1-0 in Moncton.

But the three-time quarter-finalists got back on track in New Brunswick when Kirby fired past Mexican goalie Cecilia Santiago on 71 minutes for her third international goal.

Their first goal of the tournament ignited England with substitute Carney heading in the second off a pinpoint Alex Greenwood cross eight minutes from time.

Substitute Fabiola Ibarra got one back for the Mexicans one minute into injury time after England goalie Karen Bardsley spilled a shot.

Colombia lead Group F with four points after two games, following their 1-1 draw against Mexico with a shock 2-0 defeat of France earlier on Saturday.

England and France now have three points with 25th-ranked Mexico on one.

England next play Colombia in the final group game next Wednesday with Mexico taking on France.

The top two teams in each group advance to the knock-out round along with the four best third-place finishers.

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Alves fires Brazil into World Cup last 16

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Brazil celebrate after Andressa Alves scored against Spain during a Group E match at the Women's World Cup at the Olympic Stadium in Montreal on June 13, 2015

Montreal (AFP) - A first half Andressa Alves' goal booked South American giants Brazil their ticket to the last 16 of the Women's World Cup on Saturday with a 1-0 win over Spain.

Brazil become the second team to advance to the knock-out rounds after defending champions Japan secured their berth on Friday night.

Marta nearly added to her record World Cup tally of 15 goals on 43 minutes off a corner.

But the star of the night was Alves who pounced on a defensive error by the Europeans a minute later to keep the 2007 runners-up unbeaten after the opening 2-0 defeat of South Korea.

It was the tenth international goal for the 23-year-old midfielder and puts Brazil top of Group E with six points from two games.

Spain have one point after drawing their opener with Costa Rica 1-1. Costa Rica play South Korea later Saturday.

Brazil next play Costa Rica in the final group game on Wednesday with Spain up against South Korea.

The top two teams in each group advance to the knock-out round along with the four best third-place finishers.

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This conversation about black people in Silicon Valley tech was really awkward

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pao mcclure

In Silicon Valley, we're getting comfortable talking about the fact that there aren't enough women in tech.

When it comes to racial diversity, though, the conversation is just getting started. And frankly, it's awkward.

On Friday, I watched as interim Reddit CEO Ellen Pao and 500 Startups founder Dave McClure took the stage at the PreMoney conference for venture capitalists to talk to a room of mostly white men about diversity. (Although McClure later told us there were more people of color in the audience than at any other VC event he'd been to.)

Pao recently lost her own high-profile sex-discrimination lawsuit against venture capital firm Kleiner Perkins Caufield & Byers. (She has since filed a notice to appeal the decision and is currently embroiled in negotiations with the venture firm over the costs in the case.)

But through Pao's trial and because of Sheryl Sandberg's work with Lean In, the tech industry has become more accustomed to talking about the lack of women in the room and making promises to bring the number up.

Only 6% of venture capital firms have a woman partner, which has actually declined from the 10% it was 1999, according to a study from Babson College.

"So, at the average VC firm of eight people, that would be zero," McClure joked. "Which sounds about right," Pao agreed.

Even though she wants to see venture capital at 50% women, Pao said the engineering team at Reddit is only made up of 14% women engineers. "It's a small number. It's not great," she admitted. "We're working on it."

But, as the audience found out, the numbers are worse when it comes to racial diversity, and the conversation becomes much more awkward to navigate.

Ellen Pao and Dave McClure talk at PreMoney.JPG

Here's an excerpt of when McClure started asking Pao about what the numbers are like:

McClure: "We're talking about this later this afternoon, but a lot of time people talk about diversity like women's is the only issue in diversity, and there's a lot of other types of diversity to think about. So, I'll ask you, how many African-American or black people work at Reddit? How many Hispanic American or Hispanic people work at Reddit?"

Pao: "We haven't counted. We have one African-American engineer. We just hired a general counsel, Melissa Tidwell, who is an African-American woman. I think we have three other African-American people working."

McClure: "Do you ask people to self identify?"

Pao: "No."

McClure: "How do you know if this is a stat or a KPI that I should be considering? Am I more racist for asking people or for not asking people?"

Pao: "I don't know. When I look around I want to see diversity on the team."

McClure: "I'm pretty sure there are no black people in Silicon Valley."

Pao: "I don't know, are there any in the room here?"

McClure: "Well, we're trying. I don't know, a few. Mostly speakers I think."

Pao: "It's very weird."

McClure: "That's meant as a very insensitive joke. There are a lot of black people in the Bay Area."

From the audience, it felt slightly cringe-inducing and uncomfortable.

It's not because McClure and Pao seemed out of line or inconsiderate. Rather, McClure came off as a little nervous (although he says he wasn't), and Pao was a well-spoken sparring partner for McClure's comments. 

The audience tension came from realizing Pao's comment on the lack of African-Americans in the audience, albeit mostly a jab at McClure, was actually the truth. Her own company was an example of it.

Maybe feeling uncomfortable is actually a good thing.

The trouble is we haven't figured out how to talk about the diversity problem in tech, let alone how to address it.

"I'm not trying to make a joke about this," McClure said shortly after the exchange quoted above. "I feel like this a real issue that we don't talk about very much, and it's uncomfortable to talk about this."

"It's hard because it's so complicated," Pao said. "I feel like people are having a hard time because if you say something, and you didn't bring in other types of minorities, other types of issues, and then you get some flack for it, are you being sensitive about all the other issues that are involved? So maybe it's just better to stay quiet."

We have to give credit to McClure and the conference for at least forcing an industry to confront its problems.

SEE ALSO: Ellen Pao: Reddit doesn't negotiate salaries because that helps keep the playing field even for women

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Men are furious about Lululemon's new underwear

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lululemon no boxer boxers

Lululemon's new boxer shorts are a flop with customers. 

The "no boxer boxer" has a two out of five stars rating on the athletic-apparel-retailer's website, with dozens of men complaining about the poor quality.

Many customers said the underwear, which was supposed to be a replacement for the "game on" boxer and cost $24 per pair, didn't measure up to their standards. Some complained the fabric ripped easily. 

"Loved the 'game on' boxer brief, loved it so much told all of my friends about it and converted many buddies into Lululemon shoppers,"one reviewer wrote. "After buying two pairs of this new version (because the old one is discontinued) I am extremely disappointed." 

He said he would just wear his old boxers until they fell apart. 

Another reviewer who said he used to "rave about" Lululemon's underwear said he is disappointed by the new purchase.

"I just bought a new pair today (not knowing they had replaced their previous underwear) and it is horrible!" he writes. "They feel cheap and the new 'pouch' is very uncomfortable."

Customer-service representatives from Lululemon encouraged men who weren't satisfied with the quality to contact the company for a refund. 

Lululemon's men's business is booming, with sales up 19% in the most recent quarter. 

lululemon men yoga

High sales numbers are driven by the ABC pants, or "anti-ball-crushing" pants, which boast a four-star rating and are supposed to allow "breathing room" for men.

Lululemon has been plagued by quality issues in the past. 

The retailer had to recall its yoga pants in 2013 for being too sheer. The company eventually blamed the problem on an outside supplier. 

SEE ALSO: The top 50 millennial brands

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11 stupid ways smart people sabotage their success

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silicon valley hbo worried

Sometimes the smartest people do the dumbest things.

A group of Quora users drew from their experiences to address the question, "What are some stupid things that smart people do?" The answers shed light on some of the common ways intelligent people unknowingly undermine themselves — and how they can get out of their own way.

We've highlighted several below.

1. They spend too much time thinking and not enough time doing.

"Because thinking comes so easily to smart people, doing becomes relatively harder. Research and planning are great in moderation, but can offer the dangerous illusion of progress," says Silicon Valley entrepreneur Chris Yeh. Smart people who are perfectionists can get caught up in this kind of seemingly productive procrastination and often nitpick over minute details rather than finishing projects.

2. They follow the pack.

Venture for America's Andrew Yang has written extensively about the trend of top college graduates going into the same few prestige industries, like finance and consulting, rather than following their passions.

New York entrepreneur Lee Semel agrees: "Many smart people often seem to be followers, probably because they grow up spending so much time pleasing others via academic and extracurricular achievement that they never figure out what they really like to work on or try anything unique."

3. They become risk-averse.

Very intelligent people tend to be high achievers that end up in the company of those who are similarly smart and motivated. But that motivation can become confined to a small window for fear of embarrassment, resulting in "not opening up or trying something new which they know they aren't naturally good at, because they fear loosing the 'Smart' tag in front of their peer group," says programmer Pankaj Kumar.

4. They stop trying.

People whose intelligence has helped them achieve a level of success can often get lazy. "These smart people fail to further develop their natural talents and eventually fall behind others who, while less initially talented, weren't as invested in being smart and instead spent more time practicing,"Semel says.

5. They undervalue social skills.

Some intelligent people don't realize that intellect is only one element of achieving success and that personal connections are powerful in the professional world. "They never try to improve their social skills, learn to network, or self promote, and often denigrate people who excel in these areas," Semel says.

Friends Talking in Front of Fountain

6. They fail to recognize their cognitive biases.

Consultant Danita Crouse says she's found the smartest people become so used to using their intellect that they fail to recognize they're operating with a worldview just as open to flaws as everyone else's.

University of Toronto professor Keith Stanovich's research has found that those with strong intellects are more prone to become close-minded than less proficient thinkers.

7. They place being right above all else.

Many smart people indulge a dangerous combination of ego and logic and behave as though being right all the time is somehow endearing (it's the opposite), Semel says. It's bad when they argue a point they're misinformed about, but it can be even more embarrassing for them when they insist on arguing facts against someone's long-held beliefs.

8. They equate education with intelligence.

An impressive academic pedigree can make some people think that where someone got their college degree reflects how smart they are, says Liz Pullen, a sociologist. In many cases, a degree from an elite university represents a great achievement, but there are countless instances where those who didn't graduate college are more qualified for a job because of their real-world experience.

9. They underestimate others.

Sure, confidence in one's abilities is a prerequisite to becoming successful, but it can be easy for those used to praise for their intelligence to become arrogant.

"I don't know how many times I've seen brilliant people accidentally give away the lion's share in negotiations, and once or twice get outright conned, because they assumed intelligence gave them some kind of insurmountable advantage," says the author Tim Romero.

10. They get wrapped up in theory and fail to see reality.

Problems can arise when intelligent people in leadership positions focus solely on theory and forget they're dealing with real people.

"This would be fine if it is simply for fun or if the consequences are confined to those engrossed in these abstractions," says the writer and designer Oliver Damian, but when these brilliantly complex systems result in things like subprime mortgaged-backed securities, "then it becomes a big problem for everyone."

11. They are too independent.

Smart people can fail to develop healthy support systems that everyone needs to succeed. "Without a good support system, anyone can begin to slide down a slippery slope when they encounter hardship, miscalculate something major, or fall victim to the misdeeds of others," says Quora user Andrea Martin. How do you develop a good support system? "Methodically place yourself in the company of the most mature, benevolent, competent people you can identify."

SEE ALSO: Why billionaire Mark Cuban advises 20-somethings to 'live cheaply'

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Here's how the 'Jurassic World' dinosaurs looked in real life

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Jurassic World

It is well-known at this point that "Jurassic World," the latest installment of the "Jurassic Park" franchise, diverges from the science when it comes to its portrayal of dinosaurs.

In real life, many of the dinosaurs vary in size and are often covered in feathers, but a few of them actually don't look that different.

Let's start with Velociraptor, one of the most feared creatures in the "Jurassic Park" universe:

Velociraptor Jurassic WorldIn reality, the Velociraptor could be more easily compared to either a turkey or a coyote:

Velociraptor Accurate

The look of Velociraptors in the film was actually based more off of Deinonychus ...

Deinonychus

... as well as a Utahraptor which was discovered as the original "Jurassic Park" was being made:

UtahraptorOne of the most terrifying new dinosaurs introduced in "Jurassic World" is the Mosasaurus, which makes even a great white shark look tiny.

jurassic worldThe real Mosasaurus isn't actually a dinosaur and it didn't have spikes along its back.

Mosasaurus

The Mosasaurus is really "marine lizard that's more closely related to snakes and lizards," according to Dr. John Hutchinson. 

However, that is nowhere near the biggest problem with the film's depiction.

According to Mark Witton, an illustrator who researches and specializes in dinosaurs, that misconception is based off depictions of this animal from the 1890s. The mistake was cleared up in the early 1900s. 

"The ["Jurassic World"] press has been showing their mosasaur has a series of scutes along it's back, similar to depictions of these animals by artists working in the 1890s. These Victorian artists were misled by bones which had dislocated from the throat to lie along the top of fossil skeletons, but this mistake was recognised by the early 1900s." Witton told Business Insider. "Indeed, we actually know quite a lot about mosasaur skin, and that they went to some length to be very streamlined and smooth."

After making a brief cameo in "Jurassic Park," the Gallimimus returned for "Jurassic World":

Gallimimus GIFThe real Gallimimus was actually fairly similar, but with a lot more feathers.

Gallimimus Feathers

Here is a Pteranodonthe unlucky victim of the much larger Mosasaurus:

jurassic world 12And here's a sketch of what the winged animal (who isn't actually a dinosaur) probably looked like:

Pteranodon

The Pteranodon was actually a Pterosaur, which is "a winged reptile which is very, very, very closely related to dinosaurs but not a dinosaur," according to Hutchinson.

Witton, who has consulted on several films about Pterosaurs in general, called the "Jurassic World" interpretation of the Pteranodon "among the worst reconstructions [he's] ever seen."

"No pterosaur had feet like that, and they certainly couldn't pick things up with them as shown in the trailers." Witton told Business Insider.

And finally, there's the almighty T. rex:

Jurassic Park T RexThe real T. rex was still huge, but it was actually covered in feathers. 

T rex feathers

Some have jokingly compared the T. rex to a "giant chicken." But still, would you want to mess with it?

"Jurassic World" opens in theaters Friday.

SEE ALSO: ‘Jurassic World’ completely ignores these important discoveries scientists have made about dinosaurs

AND: The velociraptors in the 'Jurassic Park' movies are nothing like their real-life counterparts

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NOW WATCH: 5 science facts 'Jurassic World' totally ignored

Here's your complete preview of this week's big economic events

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laundry clothes dresses skirts

Things have been looking up in the US economy. And the American consumer knows it.

All of this emboldens the Federal Reserve as it prepares to begin tightening monetary policy with an initial interest-rate hike, perhaps some time later this year.

This week, the Fed holds its two-day Federal Open Market Committee (FOMC) meeting to talk things over and update us on what it sees in the economy and what it expects for monetary policy. The event will include a live press conference and Q&A with Fed chair Janet Yellen.

Here's your Monday Scouting Report:

Top Stories

Economic Calendar

  • Empire Manufacturing (Mon): Economists estimate this regional activity index increased to 6.0 in June from 3.09 in May. Here's Barclays: "We expect the Empire State manufacturing index to print at 5.0 in June. As the second consecutive positive reading for the indicator, this would mark a slight pickup in New York state manufacturing output. New orders have remained muted in recent months despite stronger readings on shipments. National manufacturing output has been subdued, and the Empire State survey, as the earliest monthly read on June activity, will provide an indicator of how the sector is faring at the end of Q2."
  • Industrial Production (Mon): Economists estimate production increased by 0.2% as capacity utilization climbed to 78.3%. From Credit Suisse: "After five straight months of decline, we expect industrial production to pick up in May — beginning a momentum acceleration which should continue into the summer. Decent manufacturing hours from last Friday’s payrolls report and a pickup in business surveys should support solid growth in manufacturing. And while mining investment hasn’t bottomed yet, the decline has slowed, and the weight of this component has fallen considerably, alleviating one of the key drags on headline growth in recent months."
  • NAHB Housing Market Index (Mon): Economists estimate this homebuilder sentiment index increased to 56 in June from 54 in May. From Bank of America Merrill Lynch: "Homebuilders have remained upbeat this year despite the weak trajectory for housing starts in 1Q. This suggests that builders were able to look past the challenges from the harsh winter weather and anticipate greater activity in the future."
  • Housing Starts (Tues): Economists estimate the pace of housing starts fell 3.3% in May to an annualized rate of 1.097 million units. Here's Bank of America Merrill Lynch: "We are expecting housing starts will dip back to a 1.05 million saar rate in May as a payback from the exceptional gain in April. This would leave the three-month moving average at the same pace, up from the 993,000 rate in April. We think the swing will be in the Northeast where starts have been particularly volatile of late. Looking past the noise, we think housing starts will continue on an upward trajectory as household formation recovers along with improving labor market conditions. However, this will remain a slow process."
  • FOMC Decision (Wed): The Federal Reserve concludes its two-day Federal Open Market Committee (FOMC) meeting at 2:00 p.m. Here's Goldman Sachs' Kris Dawsey: "... the signal from the June FOMC meeting will be especially important. The overarching message from the meeting will probably be that September remains the Committee’s baseline expectation for the start of monetary tightening, reflecting cumulative progress in the recovery over the last six years. While September remains our baseline as well, we think that the FOMC will want to preserve optionality at the June meeting, and there is still a significant probability that the hiking cycle will not begin until December or later."
  • Initial Jobless Claims (Thurs): Economists estimate initial claims slipped to 278,000 from 279,000 a week ago. Here's UBS's Kevin Cummins: "At 279,000, the latest four-week average in jobless claims remains below the trend in 2014 (308,000 in the full year, 289,000 in Q4), suggesting the trend in payrolls should remain at least as strong as last year's 260,000 per-month average. Payroll gains have averaged 217,000 so far this year."
  • Consumer Price Index (Thurs): Economists estimate CPI increased 0.5% month-over-month while going nowhere year-over-year. Excluding food and energy prices, core CPI is estimated to have climbed by 0.2% and 1.8%, respectively. From Capital Economics' Paul Ashworth: "The rapid rebound in gasoline prices means that the short bout of deflation in the US came to a sudden end in May ... Based on our seasonal adjustment of the weekly retail gasoline price figures, we are confident that CPI gasoline rebounded by around 10% m/m in May, adding about 0.5% to the overall CPI index. Food prices, which have been flat since the start of the year, were probably pushed higher last month thanks to the impact of the avian flu epidemic. That epidemic has wiped out 10% of the nation's poultry stock and caused a doubling of egg prices in the past month alone. ... Excluding food and energy, we anticipate a moderate 0.2% m/m increase in core CPI. Housing costs and medical care prices have been increasing at a faster pace in recent months and we expect those trends to continue. Overall, we anticipate a 0.7% m/m increase in May's CPI, pushing the annual inflation rate up to 0.3%."
  • Philadelphia Fed Business Outlook (Thurs): Economists estimate this regional activity index increased to 8.0 in June from 6.7 in May. From Nomura: "The Philly Fed headline index declined in May, but the details were more positive on the outlook. The index for new orders improved, while the inventory index was down. The combination of more orders and less inventories might set the stage for more output in the near future. That said, activity will likely remain relatively subdued, with the impact from factors such as the low energy prices and the strong USD only gradually waning."

Market Commentary

"[W]e think there is a 60% to 70% chance that we end up in an equity bubble in the medium term, albeit with the inevitable road bumps along the way," Credit Suisse's Andrew Garthwaite wrote in a note to clients this week. (To be clear, their baseline scenario does not include a bubble. Garthwaite's current year-end target on the S&P 500 is 2,200, and his mid-2016 target is 2,300.)

To assume the stock market is forming a bubble is problematic for investors and traders. Historically, bubbles end in violent sell-offs with investors losing lots of wealth. On the other hand, there's the fact that if we are in the early stages of a bubble, then prices and valuations could go much higher from here.

Garthwaite's note observed that Robert Shiller's cyclically adjusted price-earnings ratio was well above its historical average. In fact, it's at a level that's historically preceded big crashes. Unfortunately, it's also at a level that saw further gains before crashing.

cotd shiller pe returns"We admit that historically a high Shiller P/E has often resulted in subsequent negative returns; however, this has not always been the case and there are several examples where subsequent 3-year returns surpassed 20%," Garthwaite said.

In another note, Citi's Stephen Antczak observed that if recent history were any guide, then this cycle still has a lot of life in it. "The 'recovery' part of the last three business cycles has averaged 7.9 years (trough to peak)," Antczak said. "How far might we be from the peak of the current cycle? A sample of various markets suggest that we are 72% of the way through."

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'Jurassic World' is the first movie ever to crack $500 million in its opening weekend

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indominus rex jurassic world

"Jurassic World" had a huge opening weekend at the box office, and it only continues to get bigger.

The film, which debuted to an estimated $204.6 million in North America, opened to $307.2 million overseas, bringing its worldwide opening weekend to $511.8 million.

That figure not only makes it Universal's largest box-office opening ever, but also the largest worldwide opening for a movie ever and the only to crack $500 million in its first weekend. The 'Harry Potter and the Deathly Hallows Part 2' is second all-time at $483 million.

Universal's last big film, April's "Furious 7,"opened to $147 million. The sequel has made over $1.5 billion worldwide.

Starring Chris Pratt ("Guardians of the Galaxy"), "Jurassic World" is well on its way to becoming Universal's next billion-dollar movie of 2015.

Here are some of the box-office totals around the world for "Jurassic World" via BoxOffice.com:

China: $100.8 million
UK/Ireland: $29.6 million
Mexico: $16.2 million
South Korea: $14.4 million
France: $12.5 million
Germany: $11 million
Russia: $9.4 million
India: $7.1 million
Spain: $7 million
Brazil: $6.3 million
Malaysia: $5.7 million
Italy: $5.3 million
Philippines: $5.3 million

SEE ALSO: 12 things you probably didn't know about the original "Jurassic Park"

AND: Why it took 10 years to bring "Jurassic World" to theaters

Join the conversation about this story »

NOW WATCH: WHERE ARE THEY NOW? The original 1993 'Jurassic Park' cast today

'Jurassic World' eats box office alive to set record

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Actress Bryce Dallas Howard attends the Universal Pictures'

Los Angeles (AFP) - The fearsome "Jurassic Park" dinosaurs have done it again, gobbling up the competition to score the biggest worldwide box office opening weekend ever with the latest franchise.

Action-packed "Jurassic World," featuring a new and particularly lethal hybrid dino, raked in a whopping $511 million globally in its debut at cinemas, according to box office tracker Exhibitor Relations on Sunday.

That was the largest weekend bow in history, eclipsing Harry Potter and the Deathly Hallows: Part 2 ($483 million in 2011), according to The Hollywood Reporter.

The unprecedented haul for "Jurassic World" was boosted by the $100 million earned in China alone and the blockbuster topped the box office in 66 countries.

In North America, "Jurassic World" made $204.6 million, just short of the record for an opening weekend in the region, held by Marvel's "The Avengers" at $207.4 million in 2012.

"This is absolutely a four-quadrant movie and is working on so many levels. The release date was awesome and everybody stayed off of our date," The Hollywood Reporter quoted Universal domestic distribution chief Nick Carpou as saying.

In addition to Chris Pratt as chief dinosaur-keeper and Bryce Dallas Howard as the park's overzealous marketing guru, the cast of the film includes a multi-ethnic array of actors.

Co-produced by Steven Spielberg -- who directed the first two of the four films -- "Jurassic World" takes us back to the island theme park where scientists first revived T-Rex and Co for paying customers more than two decades ago.

- Way ahead of the crowd -

"Jurassic World" dwarfed its rivals at theaters in North America at the weekend, bumping comedy espionage spoof "Spy" to second place, with a relatively paltry $16 million.

"Spy" stars Melissa McCarthy as a CIA analyst with a ho-hum desk job but a knack for being a discrete hero in risky missions carried out by others.

But this time, she goes deep undercover in the world of arms trafficking when two agents -- played by Jason Statham and Jude Law -- get in trouble, and works to head off a global disaster.

Mega-disaster epic "San Andreas," which topped box office sales in its debut two weekends ago at $54.6 million, was in third place as the blockbuster summer season gathers pace, at $11 million, according to Exhibitor Relations.

The big-budget spectacular stars Dwayne Johnson as a rescue pilot teaming up with his estranged wife to save their daughter after earthquakes unleash chaos on Los Angeles and San Francisco. 

The film's title refers to a real-life and much-feared major geological fault in California.

Fourth place went to the new flick "Insidious: Chapter 3," at $7.3 million. 

It is a prequel to the story of a family connected to the spirit world, and here a psychic contacts the dead to help a teen targeted by a supernatural entity.

"Pitch Perfect 2" came in fifth at $6.0 million.

Starring Anna Kendrick and Rebel Wilson, the musical comedy sequel follows the fortunes of the Barden Bellas singing team as they chase international success after being banned from the competitive circuit.

"Entourage" -- adapted from an HBO TV sitcom about an actor and his childhood buddies living the high life in Hollywood -- was sixth with $4.3 million in revenue.

It stars Adrian Grenier playing A-list movie star Vince Chase.

"Mad Max: Fury Road," the fourth film of the iconic "Mad Max" franchise and the first in 30 years, dropped to seventh place, taking in $4.1 million.

Superhero blockbuster "Avengers: Age of Ultron" scored $3.6 million. 

In ninth place was Disney's "Tomorrowland," the sci-fi adventure drama starring George Clooney. It cashed in $3.4 million.

Rounding out the top 10 was "Love & Mercy," a portrait of Beach Boys leader Brian Wilson and his journey to success.

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Here's who the real-life Piper wants her character in 'Orange Is the New Black' to end up with

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Taylor Schilling Piper Kerman Orange is the new Black

A huge part of Netflix's "Orange Is the New Black" is main character Piper Chapman's romances.

We've seen her bounce from her fiancé Larry Bloom (Jason Biggs) to partner in crime Alex Vause (Laura Prepon), and others have tried to get a piece of the action.

But the woman who Piper Chapman is based on has her own unique pick for the on-screen version of her.

netflix orange is the new black Big Boo"I am really hoping that Piper and Big Boo get together," Piper Kerman, who wrote the book that "OITNB" is based on, told People Magazine during OrangeCon, the big fan event held in New York City on Thursday. 

"I am a huge Lea DeLaria fan," Kerman said. "I think that would be hot!" 

Carrie "Big Boo" Black is an inmate on the show. While she can be a tough character, Big Boo can show a sympathetic side now and then.

Currently on the third season of "OITNB," Piper is relapsing with Alex. But a new inmate, Stella Carlin (Ruby Rose) may throw a wrench in that romance.

The third season of "Orange Is the New Black" is available now on Netflix.

SEE ALSO: 6 things to know about 'Orange Is the New Black's' striking newbie Ruby Rose

MORE: Here's why Netflix released 'Orange Is the New Black' early

Join the conversation about this story »

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