Good wednesday morning welcome to squawk alley. Im john for the with caro quintanilla and Julia Borstin well start with apple, a cost cut for Small Developers josh lipton breaks down the news for us. Here is how the new program is going to work its called the App Store Small Business Program it launches on january 1st and it does represent a big change here. Developers earning up to 1 million during the Previous Year will now be eligible for a commission of 15 on paid apps and inapp purchases, and that is half of apples Standard Commission apple says the new program will impact what it says is the vast majority of developers selling Digital Goods and services on the store. Tim cook saying in a statement the app store has been an engine of Economic Growth like none other, creating millions of new jobs and a pathway to entrepreneurship accessible to anyone with a great idea for investors this change is also important remember, the app store is critical for apple it accounts for an estima
Safely socially distanced himself. One of the things we have really enjoyed during the coronavirus lockdown is coming out to ocean beach. Bringing our bikes. Getting to ride up and down. Having that free space. 2 locals who wish to remain anonymous started a website. The started collecting signatures to make this a permanent part. One organizer said that 70 percent of the signatures are from residence. The other 30 percent are from suffers and cyclist. I think that is a great idea. The more we can diversify transportation and provide options for people to safely ride a skateboard or walk, and be able to take in the great views of the ocean are terrific. I do not think we will miss that one. A long flat paved areas at the park the national park. Accessible to people with disabilities. Making it a reality likely will not be easy. There have been complaints of increased traffic. Traffic mitigation would need to be studied. We are used to coming up here. Were kind of shocked today when we
First Public Comments after house members, including 11 fellow republicans, voted to strip her of her Committee Assignments over the Crazy Conspiracies shes pushed before. Good morning. Im Hallie Jackson In Washington along with our nbc news team, Peter Alexander at the white house, Leigh Ann Caldwell on capitol hill, nbc News Business correspondent jo ling kent has the new jobs numbers, and Austan Gooslbee served as chairman of the White House Council of economic advisers under President Obama. And just to map out, right, what were watching during our hour, because it is going to be a pretty packed one. Youve got that meeting with House Democratic leaders and committee chairs, along with President Biden, to talk about the next steps on covid relief. In an hour from now, congresswoman Marjorie Taylor greene holds that News Conference. Also at 11 00 eastern, were going to hear from members of the white house Covid Response team, who will probably have a whole lot more to say on Johnson
It. Well, i didnt downplay it. I actually in many ways i upplayed it in terms of action. My action was very strong. Recordsetting fires. More than 5 million acres now burned in the west. Dramatic new video of how fast the enormous flames took over. Firefighters racing through the about that toxic air blanketing cities like portland. Now the most polluted air in the world. Fighting for justice. Say her name. [ chanting Breonna Taylor ] Breonna Taylors family reaching a historic 12 million settlement with the city of louisville after she was killed by police in her own home. What her mother is saying as the demand for the officers involved to be charged grow louder. Apple game changers. The tech giant Apple Unveils the tch that can track blood oxygen levels and can keep track of your kids. Stunning defeat. Jimmy butler and the unstoppable heat shutting down boston in an overtime thriller. The nug ai overnit d setting up an epicamed the lakers. We certainly do say good morning, america. G
Intends to bring a deal to the white house by september 20, the official deadline date. Joining now to break down the week that was is abigail doolittle. Volatility volatility volatility. Walk us through the week that was and how might next week be different . Volatileeek was very and choppy. Up and down, a real roller coaster. At the end, it was a down week and today was especially choppy. Earlier, it felt as though the bulls were trying to take it away then the bears stepped in. The s p 500 up slightly. The nasdaq down. Continues to be newtons third law what goes up must come down. We are seeing a bit of a reversal. On the day and the week, even though we had the nasdaq down, we also had the nasdaq 100 fix down. Next week, maybe some of this choppiness will leave. You see apple down again on the day. Pointing to the idea that next week maybe in the near term, some of the choppiness will leave. If we go to the terminal, we have a great heart. Over the longterm, this probably suggests