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Crypto prices are plummeting in India as the country mulls ban on digital assets — and its creating an opportunity for savvy investors

Businessinsider - Wed, 11/24/2021 - 19:44
SOPA Images/Getty Images
  • Prices of shiba inu, dogecoin, bitcoin, and tether dropped on a popular crypto exchange in India.
  • The declines came as the country mulls a crackdown on private cryptocurrencies.
  • The declines created an arbitrage opportunity for savvy investors, but a tough one to capitalize on.

Cryptocurrencies dropped in India Wednesday morning as the country mulled a crackdown on digital assets — and its opened up opportunities for witty investors.

According to a Bloomberg article, shiba inu coin and dogecoin sunk more than 20% on the WazirX crypto exchange in India while on Binance and Kraken, they were relatively unaffected. Bitcoin, for its part, dropped 14% on WazirX and just 0.5% on Binance, the article said. Tether, a stablecoin, also sunk on the exchange while remaining steady elsewhere, Coindesk reported.

A proposed law in India is seeking to ban all private cryptocurrencies, likely causing the price declines on the local exchanges. 

The price drops opened up an opportunity for investors to buy the dip and profit elsewhere. According to CoinDesk's report, arbitrage opportunities in India are mainly helpful for small-time investors because bigger market makers avoid the country for lack of regulatory clarity. 

But the trick was figuring out how to transfer funds to a different exchange after purchasing the assets at a lower cost, Bloomberg said. And it's not easy. WazirX tweeted out that it was experiencing trading delays in the app, and frustrated users responded that they could not move their crypto. Several hours later the company said the problem was fixed. 

"We'd like to reiterate that WazirX has an open order book and doesn't determine or control the price of any crypto on the exchange," the platform said in a tweet. "There will always be a difference from exchange to exchange, country to country, etc. depending on the demand and supply."

Crypto arbitrage opportunities have been well documented, as the prices can vary between exchanges. A 2017 Insider article noted the issue stems from the market being "diffused, unregulated, and disjointed."

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Mike Tyson: Malawi asks former boxer to be cannabis ambassador

BBC News - World - Wed, 11/24/2021 - 19:31
A minister has written a letter to the former boxer, who has invested in a cannabis farm in the US.
Categories:

Adidas' Black Friday 2021 sale starts now — save up to 50% on sneakers and clothing

Businessinsider - Wed, 11/24/2021 - 19:29

Prices are accurate at the time of publication.

When you buy through our links, Insider may earn an affiliate commission. Learn more.

This year, Black Friday falls on November 26, but Adidas is getting a head start on the deals.

Now through November 27, you can save up to 50% on select items. Sneakers are undoubtedly the highlight of the sale, but you'll also find discounts on tracksuits, workout gear, outerwear, golf shoes, accessories, and more.

Below, we've rounded up all of the best deals you can shop right now, plus everything you'll need to know about Adidas' Black Friday 2021 sale.

Best Adidas Black Friday deals in 2021Adidas Women's Continental 80 VeganThe upper on this Continental 80 looks like real leather, but it's made with recycled Primegreen materials and is 100% vegan.$70.00 FROM ADIDAS Originally $100.00 | Save 30%

Adidas Adilette Boost SlidesWith full-length Boost soles, these slides are designed for ultimate comfort.$48.00 FROM ADIDAS Originally $60.00 | Save 20%

Adidas Superstar Hazy YellowFeaturing a suede panel around the shoe, this Adidas Superstar is a fresh take on a classic.$72.00 FROM ADIDASOriginally $90.00 | Save 20%

Adidas ZX 2K Boost 2.0 TrailThe Adidas ZX 2K Boost 2.0 Trail features a beefed-up outsole for added traction.$112.00 FROM ADIDASOriginally $160.00 | Save 30%

Adidas 4D FusioThe Adidas 4D Fusio uses a 4D printed midsole for comfort and energy return.$180.00 FROM ADIDASOriginally $200.00 | Save 10%

Adidas NMD_R1 V2The newly-designed NMD_R1 V2 features an updated lacing system and Boost midsoles.$112.00 FROM ADIDASOriginally $140.00 | Save 20%

Adidas Kids' Ultra Boost 21Refined for 2021, the Adidas Ultra Boost 21 is the most advanced version of the popular running silhouette.$128.00 FROM ADIDASOriginally $160.00 | Save 20%

Adidas Stan Smith PrimeblueBuilding off of the original Stan Smith, the Primeblue version features an upper made from upcycled plastic waste.$72.00 FROM ADIDASOriginally $90.00 | Save 20%

Adidas Climacool VentoThe Adidas Climacool Vento features a highly breathable mesh upper to help keep your feet cool.$98.00 FROM ADIDASOriginally $140.00 | Save 30%

Adidas ZX 10000The ZX 10000 is a retro-inspired sneaker with a complex use of layered patterns, colors, and materials.$108.00 FROM ADIDASOriginally $120.00 | Save 10%

When will the Adidas deals start?

Adidas' Black Friday sale is running now through November 27.

Does Adidas have curbside pickup?

While you can't order online and pick up in-store, you can locate your nearest Adidas Store and shop in person. You'll find discounted items on a regular basis and similar sales in-store during Black Friday and Cyber Monday.

What Black Friday deals should I buy at Adidas?

Footwear is the most obvious category to shop at Adidas during Black Friday, but you'll also find a wide variety of sportswear, sports gear, and accessories on sale. Whether you're looking for sneakers, new gym clothes, outerwear, or simple accessories like socks, you'll find them on sale.

Should I sign up for an Adidas membership for Black Friday?

Yes, you can sign up for an Adidas Membership for free here. Being an Adidas member will give you free shipping on all orders and faster checkout times.

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New Pentagon-led group will investigate troops' strange encounters with UFOs

Businessinsider - Wed, 11/24/2021 - 19:24
A still from GIMBAL, one of three videos released by the Pentagon showing unidentified aerial phenomena or a UFO.
  • The Department of Defense announced it will form a new group to investigate reports of UFOs in restricted airspace.
  • This comes after a report earlier this year that found government lacked data to explain the nature of 144 observations. 
  • A defense official said these objects pose a challenge to national security and are a potential safety concern for aircrews. 

The Department of Defense announced a new group will study reports of UFOs detected by service members on Tuesday. The new task force, the Airborne Object Identification and Management Synchronization Group, will be overseen by both the military and intelligence agencies and takes up work that had fallen to a secret group.

This announcement follows the release of a report in June in which the Pentagon said it lacked sufficient data to explain all but one of the 144 strange sightings reported by military personnel over the last two decades. 

Kathleen Hicks, the deputy secretary of defense, said these unidentified airborne objects pose a potential safety risk to aircrews and raises potential national security concerns. In a statement, Hicks said the new group will be overseen by an interagency executive council made up of the under secretary of defense for intelligence, the director of the Joint Staff and other senior officials. 

The new group will focus on reports of objects in special-use airspace, which includes military operations areas, firing ranges, and places restricted for national security. 

The June report, released by the Office of the Director of National Intelligence, ignited concerns from members of congress over potential threats from Russia or China. However, government officials said there was no evidence of Russian or Chinese technologies and some of the videos demonstrated technologies believed to be beyond their capabilities, according to a report from The New York Times

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Several January 6 rally organizers used burner phones for top-level communications with Trump's team: report

Businessinsider - Wed, 11/24/2021 - 19:21
Then-President Donald Trump speaks at a rally at the Ellipse on January 6, 2021.
  • Several organizers who planned the Jan. 6 rally at the Ellipse used burner phones to communicate with Trump's team, per Rolling Stone.
  • Kylie Kremer, an official in the "March for Trump" group, told an aide to retrieve three burner phones, according to three sources who spoke to Rolling Stone.
  • A House select committee investigating the January 6 insurrection has issued a slew of subpoenas.

Several of the organizers who put together the rally at the Ellipse near the White House on January 6 utilized burner phones for top-level communications with former President Donald Trump's team, which would have effectively made the organizers harder to track, according to a Rolling Stone report.

Kylie Kremer, a high-level official in the "March for Trump" group that assisted in organizing the Ellipse rally, told an aide to retrieve three burner phones in the days before January 6, per three sources connected to the event, Rolling Stone reported.

One of the sources, who was a participant in the aforementioned group, said Kremer dictated that the phones needed to be purchased with cash and characterized the move as being "of the utmost importance," per the report.

The sources told Rolling Stone that Kremer retrieved one of the phones and used to it to speak with high-ranking White House officials and top Trump campaign figures including Eric and Lara Trump, former White House chief of staff Mark Meadows, and Trump ally Katrina Pierson.

The participant also told Rolling Stone that a second burner phone was was given to Amy Kremer, the mother of Kylie Kremer, who also helped organize the rally, while the third phone's designate remains unknown, per the report.

"That was when the planning for the event on the Ellipse was happening, she needed burner phones in order to communicate with high-level people is how she put it," the March for Trump participant told Rolling Stone, pointing to Kylie Kremer.

Neither Kylie or Amy Kremer responded to a request for comment from Rolling Stone.

Per conversations with the three sources, some of the most consequential talks between the rally organizers and Trump's top circle were conducted on the burner phones.

"They were planning all kinds of stuff, marches and rallies. Any conversation she [Kylie Kremer] had with the White House or Trump family took place on those phones," one of the team members said.

There was no verifiable evidence that the Kremers or rally organizers planned any sort of violence that unfolded thereafter at the US Capitol, according to Rolling Stone. However, Trump has faced continued criticism for goading his supporters with debunked claims of election fraud in the 2020 presidential race as then-Vice President Mike Pence was set to certify President Joe Biden's Electoral College victory.

Representatives of Trump and Meadows have not yet replied to requests for comment from Rolling Stone — and Eric Trump, Lara Trump, and Pierson have also not responded to queries from the magazine.

Ali Alexander, a promoter of the "Stop the Steal" movement, sent a statement to Hunter Walker, the author of the Rolling Stone report, stating that anything contained on the phones would vindicate the former president.

"I ... believe any contents on these Women for America First funded 'burner phones' will further exonerate President Trump," he said.

Burner phones, which are prepaid and do not generally require registered accounts, are difficult to trace and are often used to seek anonymity — which could made it hard for investigators on Capitol Hill who are reviewing records related to the January 6 riot.

The House panel, which is led by Democratic Rep. Bennie Thompson of Mississippi and Republican Rep. Liz Cheney of Wyoming, is investigating the insurrection and in recent weeks has issued a slew of subpoenas to members of Trump's inner circle.

Read the original article on Business Insider
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A cooling of the US-China trade war is a bullish prospect for the stock market that few investors are considering, JPMorgan says

Businessinsider - Wed, 11/24/2021 - 19:18
biden, xi meeting 2011
  • A cooling trade war between the US and China could have a big impact on the stock market, according to JPMorgan.
  • The stock market would rise, inflation would cool, and supply chain bottlenecks would ease if Biden reverses existing tariffs, the bank said.
  • "The possibility of easing US-China tariffs is a non-consensus tailwind for US and China equities," JPMorgan said.

US stocks will have more upside ahead if the US reverses existing tariffs on China and lowers the temperature of the ongoing trade war, JPMorgan's Marko Kolanovic said in a note on Monday.

While few have considered the potential for a trade-war reversal between the US and China, the move might materialize ahead of the 2022 US midterm elections, as it would align with President Joe Biden's campaign commitment, address business concerns, and provide consumer relief at a time of elevated inflation, according to the note.

Any reversal of the policy represents a "non-consensus tailwind for US and China equities" as it would help contain inflation, ease supply chain pressures, and boost corporate earnings, thus leading to a rally in stock prices.

"A reversal of existing tariffs could represent a direct earnings per share benefit of $5 for the S&P 500 with up to an additional $5 from second-order effects," Kolanovic said. The bank estimates that trade tariffs have cost consumers and businesses a cumulative $128 billion since they went into effect in 2018.

The first two phases of tariffs on Chinese goods, put in place by the Trump administration, reduced earnings per share by 7% to 8% for S&P 500 companies through first and second-order effects. There are currently $350 billion to $370 billion tariffs in place.

"Thus, even a partial unwind would be a source of margin and earnings upside from lower friction costs, while also supporting labor market recovery and helping ease supply chain issues," Kolanovic said.

Stock market sectors poised for the most upside if tariffs are withdrawn are the same sectors that were hurt most when they were initiated, including industrials, materials, technology hardware, and consumer discretionary, Kolanovic said.

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The Senate Banking Committee wants answers from stablecoin issuers on how their business works

Businessinsider - Wed, 11/24/2021 - 19:16
Senate Banking Committee Chair Sherrod Brown.
  • The Senate Banking Committee wants information from stablecoin issuers about how their cryptocurrencies work. 
  • Committee Chair Sherrod Brown sent letters to Circle and Tether as well as crypto exchanges like Coinbase. 
  • Circle's CEO said it will respond to the request to "ensure consumers are appropriately protected."

The Senate committee overseeing banks and coinage is asking stablecoin issuers for information about how they conduct business, after the Biden administration asked Congress to regulate the rapidly growing corner of the cryptocurrency space

Sen. Sherrod Brown, chair of the Senate Banking Committee, said in a Tuesday statement he wants stablecoin issuers and crypto exchanges to explain how they are protecting consumers and investors in what has become a $143 billion market

Stablecoins are cryptocurrencies tied to government-issued money like the US dollar, and they make up a portion of the wider $2.6 trillion cryptocurrency market.

"I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins, how those terms differ from traditional assets, and how those terms may not be consistent across digital asset trading platforms," Brown wrote in a November 23 letter to payment services company Circle, which is behind the stablecoin USDC. 

The committee on Tuesday also sent information-request letters to stablecoin issuers Tether, Circle, Paxos, TrustToken, and to Centre, a stablecoin standards organization created by Circle and crypto exchange Coinbase that oversees USDC. 

Letters were also sent to Coinbase as well as rival crypto exchanges Gemini and Binance.US. Brown listed questions for the companies and wants responses by December 3. In his letter to Tether, he wrote:

1. "Please describe the basic purchase, exchange, or minting process[es] by which customers can acquire Tether for U.S. dollars. In your answer, explain any relevant limitations or qualifications to engaging in and completing that process."  

Brown also addressed the Binance USD coin, which was established by Binance.US and Paxos. 

7. "Please summarize any internal reviews or studies your company has conducted about how specific levels of redemptions would affect BUSD, including its convertibility into U.S. dollars, or would affect the financial position of your company." 

Complex terms and conditions can make it difficult for investors and consumers to fully understand how stablecoins function and what their potential risks are, said Brown in his letters. 

"Even though stablecoins are typically 'minted' in exchange for U.S. dollars, or other conventional currency, the purchase of stablecoins through a trading platform may not provide customers with the same rights and entitlements as a direct purchase from an issuer," he wrote. 

In a report released at the start of November, the Biden administration said stablecoins could become widely adopted, noting that a regulatory framework would build confidence in using the digital assets for payment purposes.

But rules are "urgently needed," and Congress should impose certain laws such as only allowing banks to issue stablecoins, it added. 

"Thank you @SenSherrodBrown for the letter inquiring about the important topic of how stablecoin issuers protect consumers. I look forward to responding and working with you to ensure consumers are appropriately protected," wrote Jeremy Allaire, Circle's co-founder and CEO, in a Twitter post Tuesday.

Read the original article on Business Insider
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Sweden's first female PM resigns hours after appointment

BBC News - World - Wed, 11/24/2021 - 19:15
Magdalena Andersson resigns after her coalition partner quit the government in a row over the budget.
Categories:

Pilots debunk 11 flying myths

Businessinsider - Wed, 11/24/2021 - 19:15

Pilots Zoya Agarwal and Rajalakshmi Eshwar debunk 11 myths about flying. They talk about why cabir air doesn't make you sick, the effects of flying on your body, and why you shouldn't worry about turbulence. They also debunk the myth that autopilot flies the plane for them. In fact, they give all the commands for it, and monitor it regularly.

Agarwal is a pilot in command for Air India, flying the Boeing 777 aircraft. She is the first woman commander to fly over the North Pole, together with an all-female crew, on one of the longest air routes in the world. You can learn more about her work here: https://captainzoya.com/

Eshwar is a first officer for Air India, flying the Boeing 777 aircraft. She's been with the airline for the past 13 years.

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New York City is pushing legislation that will allow noncitizens to register with political parties and vote in local elections

Businessinsider - Wed, 11/24/2021 - 19:11
A NYC Board of Election employee retrieves Republican mayoral candidate, Curtis Sliwa's ballot after it gets stuck in a voting machine on the Upper West Side on November 2, 2021 in New York City.
  • New York City is pushing forward legislation that will allow noncitizens to vote in local elections.
  • If it's approved on Dec. 9, the city would become the largest municipality in the US to do so.
  • Mayor Bill de Blasio has argued that the legislation will take away incentive to seek citizenship.

New York City is pushing forward legislation that will allow over 800,000 noncitizens to vote in local elections, the New York Times reported on Tuesday.  

The bill would give lawful permanent residents of the city an opportunity to join political parties and vote in municipal elections — not state or federal — according to legislation details reviewed by Insider. 

Lawful permanent residents are green card holders or people who are legally authorized to live in the US, according to the Department of Homeland Security

If City Council approves the legislation on December 9 as expected, New York City would become the largest municipality in the US to extend voting power to noncitizens, the Times said. 

Supporters of the legislation — like immigrant advocates and politicians — have long pushed for noncitizens to be granted the opportunity to vote in local contests, the report said.

Supporters argue that it makes sense for immigrants who legally live in the city — and send their children to public schools, use public services, or pay takes — to have a stake in local government, the report said.

While Mayor Bill de Blasio at a press conference on Tuesday told reporters that he has no intentions to try and veto the bill, he said he was worried that the legislation would take away incentives for people to seek citizenship and raised questions about its legality. 

"I want citizenship to be something that people pursue fully, quickly, every chance they get," he said. "I'm concerned about that."

He added: "To me, this is something that, again, I'm not sure is legally what a city can do."

The legislation comes as noncitizens are seeking opportunities to secure voting rights around the country. 

According to Pew, a handful of cities in Vermont and Maryland have passed legislation giving noncitizens some municipal voting rights and other states are weighing similar legislation.

In November 2020, however, Alabama, Colorado, and Florida voters passed measures saying only US citizens could vote, the AP reported at the time. 

Prior to that, only Arizona and North Dakota had such legislation in place, the report said. 

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The 10 highest-grossing movies of all time at the worldwide box office

Businessinsider - Wed, 11/24/2021 - 19:10
Chris Hemsworth as Thor in "Avengers: Endgame."
  • "Avatar" reclaimed its title as the biggest movie of all time this year, topping "Avengers: Endgame."
  • It was re-released in China, earning $50 million.
  • Disney dominates the list of the top 10 highest-grossing movies ever.

"Avatar" took back its crown as the biggest movie in the world this year, topping Marvel's "Avengers: Endgame" over a decade after it was released.

The 2009 James Cameron-directed sci-fi film earned an additional $57.5 million when it was re-released in China in March 2021.

It's still good news for Disney, though. The company, which owns Marvel, inherited the "Avatar" franchise when it acquired the Fox film studio in 2019.

Other Disney releases that are among the world's biggest movies of all time include "Frozen II" and the "Lion King" remake. Along with "Endgame," they were released in 2019.

We turned to Box Office Mojo for its data on worldwide box office grosses to determine the top 10 highest-grossing movies in the world. Aside from Disney movies, the list also includes entries in Universal franchises like "Fast and Furious" and "Jurassic World."

Here are the 10 highest-grossing movies of all time worldwide (not counting inflation):

10. "Frozen II" (2019)

Global box office: $1.45 billion

Domestic box office: $477.4 million

 

9. "Furious 7" (2015)

Global box office: $1.516 billion

Domestic box office: $353 million

8. "Marvel's The Avengers" (2012)

Global box office: $1.518 billion

Domestic box office: $623 million

7. "The Lion King" (2019)

Global box office: $1.66 billion

Domestic box office: $543.6 million

6. "Jurassic World" (2015)

Global box office: $1.671 billion

Domestic box office: $652 million

5. "Avengers: Infinity War" (2018)

Global box office: $2.048 billion

Domestic box office: $678 million

 

4. "Star Wars: The Force Awakens" (2015)

Global box office: $2.068 billion

Domestic box office: $936 million

3. "Titanic" (1997)

Global box office: $2.187 billion

Domestic box office: $659 million

2. "Avengers: Endgame" (2019)"Avengers: Endgame"

Global box office: $2.797 billion

Domestic box office: $858.4 million

1. "Avatar" (2009)

Global box office: $2.847 billion

Domestic box office: $760.5 million

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Capitol Police officer rips the right-wing's 'hypocrisy' of calling Kyle Rittenhouse a 'hero' while ignoring and insulting those who defended the Capitol

Businessinsider - Wed, 11/24/2021 - 19:07
U.S. Capitol Police Sgt. Harry Dunn testifies during the House select committee hearing on the Jan. 6 attack on Capitol Hill in Washington, Tuesday, July 27, 2021.
  • A US Capitol Police officer excoriated the "hypocrisy" of prominent right-wing figures' response to the Kyle Rittenhouse verdict.
  • Fox News' Laura Ingraham criticized LeBron James for having "mocked [Kyle Rittenhouse's] emotional testimony."
  • But Ingraham mocked Dunn and other officers' harrowing January 6 testimonies as political performances.

A Capitol Police officer said on Wednesday that it was "disheartening" to see prominent figures on the right hailing Kyle Rittenhouse as a "hero" and expressing sympathy for his emotional state, while mocking those who defended the Capitol during the deadly January 6 insurrection.

"Kinda disheartening to see how some prominent people, prop Kyle Rittenhouse up as a hero, yet the brave men and women who fought and defended the Capitol on 1/6 have to continue to fight just for the TRUTH to be told about that day," US Capitol Police Officer Harry Dunn tweeted.

"I have been called every name in the book since my testimony," he added, referring to his emotional July testimony to the January 6 House Select Committee, during which he repeatedly broke down in tears. "A political pawn, a sellout, a fake cop, a disgrace to the badge, Pelosi puppet, hell even a local Police Union put out a statement attacking me while I was running for Chairman of our Police Union."

"Its sad to see some of the same people who said these things, praise Rittenhouse or just remain silent," Dunn continued. Fox News host Laura Ingraham "gave Sgt. Gonell, Michael Fanone and myself actor awards for showing emotion during our testimony.... But Rittenhouse??? #HypocrisyReeks"

The day after Dunn, Capitol Police Sgt. Aquilino Gonell, and Washington D.C. Metropolitan Police officers Michael Fanone and Daniel Hodges testified to the January 6 committee, Ingraham mocked their harrowing testimony as political performances.

Ingraham slammed Gonell's testimony as the "best exaggerated performance," and gave Dunn "the award for blatant use of party politics when facts fail." She gave Fanone, who was nearly beaten to death by Trump supporters and suffered a heart attack from the encounter, the award for "best performance in an action role."

But on her show last week following the Rittenhouse verdict, Ingraham criticized "billionaire celebrities" like LeBron James who "mocked the defendant's emotional testimony."

Rittenhouse killed two people and wounded another during antiracism protests in Kenosha, Wisconsin, last year following the police shooting of Jacob Blake. Rittenhouse was acquitted on all five counts last week following a bitterly fought homicide trial that captured national attention.

Several prominent right-wing pundits and hosts expressed sympathy for Rittenhouse during the trial, where he cried on the witness stand, and broke down in sobs and collapsed into his seat following his acquittal. One far-right group dubbed him "Saint Kyle," while some Republican lawmakers went as far as to jockey with one another to offer him internships in Congress.

But antiracism activists and left-leaning hosts derided the verdict as another example of white vigilantism going unchecked and garnering sympathy.

MSNBC's Joy Reid noted that the Rittenhouse trial "reminded a lot of people" of Supreme Court Justice Brett Kavanaugh's confirmation hearings in 2018. Kavanaugh "cried his way through the hearings," Reid said, adding, "His tears turned out to be more powerful. In America, there's a thing about both white vigilantism and white tears, particularly male white tears."

Ingraham on her show last week insisted that "acquittal was the only verdict that made any sense."

"But to the left, the acquittal of Rittenhouse only proves what they thought about America all along," Ingraham said as Fox played footage of Rittenhouse crying and collapsing in the courthouse. "That it's a horrible, awful, racist place where life is fundamentally unfair."

A spokesperson for Fox did not immediately respond to Insider's request for comment.

Read the original article on Business Insider
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Tanzania to allow students to attend school after giving birth

Al Jazeera - Wed, 11/24/2021 - 19:06
Government reverses controversial 2017 policy instituted by the country's late leader, John Magufuli.
Categories:

Dozens of refugees, migrants die as boat sinks in English Channel

Al Jazeera - Wed, 11/24/2021 - 18:59
Senior French officials say at least 31 people have died as rescue operations continue off the coast of France.
Categories:

How to watch local channels on your Roku for free or with a subscription

Businessinsider - Wed, 11/24/2021 - 18:53
There are a few different ways to find free or subscription-based local channels on Roku.
  • You can get local channels on Roku via the Roku Channel Store, third-party apps, or even an antenna.
  • The Roku Channel Store is a good place to start looking for local channels.
  • If you have a cable subscription, you can watch local  channels on your Roku via the service's app.
  • Visit Insider's Tech Reference library for more stories.

You can watch content from popular subscription streaming services like Netflix and Hulu on your Roku, but did you know that you can also watch local and national channels? 

Some local channels are available for free, while others require a subscription. Here are  five different ways to get local channels on Roku. 

How to get local channels on Roku

On your Roku streaming device, you can access official Roku local TV channels, third-party local TV channels, and more.

Official Roku local TV channels

If you're looking to watch local channels using Roku, the Channel Store is a good place to start. In the Roku Channel Store, you'll find more than 100 free, network-affiliated local news channels. To see a list, go to the News and Weather section on your Roku device or online.

Some of the free local channels you can get through the Roku Channel Store include:

  • WTVF News Channel 5
  • WBRC FOX 6 News
  • WPXI Channel 11 News
  • News 12
  • Boston 25
Download third-party local TV apps

If you can't find your local TV station in the Roku Channel Store, it's because they don't have a Roku app. Third-party apps like NewsON and Haystack TV are alternative options to accessing these channels.

On NewsON, you can access more than 170 TV stations from across the U.S. for free. Major TV station groups like ABC, Cox Media Group, and Raycom Media came together to create this app.

Haystack TV is a similar app that gives users access to national and local news channels. They have partnerships with more than 150 local news stations, including CBS Los Angeles KCAL, CBS New York WCBS, and NBC Nebraska.

Sign up for subscription-based live TV apps

If you're already subscribed to an app that offers live TV, there's a good chance you can use it to watch local TV on your Roku device. 

All of these Roku apps stream local channels:

  • CBS All Access streams local CBS stations in over 200 markets. Watch live and on-demand content from the national broadcaster and local stations too. Content also includes CBS All Access originals.
A CBS All Access subscription will get you access to local channels and live TV.
  • DirecTV Now allows you to watch local ABC, CBS, FOX, and NBC content in select markets.
  • Hulu + Live TV streams local ABC, CBS, FOX, and NBC content in select markets.
  • PlayStation Vue allows you to watch local ABC, CBS, FOX, and NBC content in select markets.
  • Sling TV streams local ABC, CBS, FOX, and NBC content in select markets.
  • YouTube TV streams local ABC, CBS, FOX, and NBC content in select markets.
Some local news channels are included with a YouTube TV subscription.

Quick tip: If you have an active cable TV subscription, you can also download official network apps (like ABC, NBC, FOX, etc.) to watch these channels on your Roku.

Hook an antenna up to your Roku TV

Hooking up an HDTV antenna to a Roku TV is another way to pick up local and national channels. Follow the on-screen instructions on your TV to set up over-the-air television via Roku.

Screen-mirror from another device

You can mirror your iPhone to your Roku device using the Roku mobile app or Apple AirPlay.

The screen mirroring controls are found in the System section of Roku Settings.

If the local TV channel you're looking for isn't on Roku or a third-party app and only streams online, you can try Miracast if you have an Android or Windows device.

Miracast, as you can probably guess from the name, mirrors your screen on supported devices (which includes Roku). To use Miracast on Windows, open the Action Center and click Connect. On your Android device, tap Settings, then Connected Devices, then Cast.

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Kanye West's $90 Yeezy Gap hoodie sold better in a single day than any other product in Gap's history

Businessinsider - Wed, 11/24/2021 - 18:52
  • The Yeezy hoodie delivered the most sales in a single day in Gap.com's history, Gap said.
  • It's the second product in Kanye West's 10-year deal with the 52-year-old retailer.
  • The first item, called the Round Jacket, is being resold for two or three times its original price.

Kanye West's collaboration with Gap is paying off for the 52-year-old retailer. 

Gap reported its third-quarter earnings results Tuesday, missing on both earnings per share and revenue and revising its full-year outlook as global supply chain hold-ups continue to delay products. But one bright spot in Gap's earnings was its partnership with Kanye West's Yeezy brand. 

On September 29, Yeezy Gap rolled out a $90 cotton hoodie in six colors for both kids and adults. It sold out in a matter of hours, and Gap said Tuesday that the hoodie delivered the most sales in a single day in Gap.com's history.

The majority of the customers who bought the hoodie — 70% — were new to the brand, Gap said. 

The hoodie was the second product West has created as part of the partnership — the first Yeezy Gap product, a cotton puffer called the Round Jacket, came in red, blue, and black and retailed for $200. Like the hoodie, the jacket was only available for preorder, and resellers are now offering it up for twice or three times as much as the original price. 

West, who famously worked at a Gap store in Chicago as a teenager, signed a 10-year deal with Gap in 2020 with the promise to create men's, women's, and kids' apparel. Wells Fargo analysts estimated earlier this year that the collaboration could bring in roughly $1 billion in sales in the first year. 

While terms of the deal were never disclosed, West told actor and podcast host Nick Cannon in September 2020 that his net worth nearly doubled, from $3.3 billion to $5 billion, after signing with Gap.

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US consumer spending rebounds despite accelerating inflation

Al Jazeera - Wed, 11/24/2021 - 18:48
Consumer spending jumped by 1.3 percent in October, double the 0.6 percent gained in September, US data showed.
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