Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicles or just enthusiasm over the ev space as we gheet into a Biden Administration on top of the gm news yesterday, jon. So there is a lot happening in the ev space and then m
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
Tossup. From ntn news this is the race for u. S. Senate. Welcome to todays u. S. Senate debate here on the Montana Television network. Yes, our focus today is montanas 2020 u. S. Senate race one of the most closely watched in the entiremo country and it looks to be on track to become the most expensive political race in montana history. The general election of courses coming up november 3 and if youre keeping track at home that is just 24 days away and ballots were mailed out on friday this week so voters you are looking for those ballots to be arriving soon in the mailbox near you. Those ballots need to be returned to your local Election Office by 8 00 oclock, 8 00 p. M. On election day. Of course, at stake in this race is one of montanas u. S. Senate seats, salary of u. S. Senator is currently at 174,000 a year. Now it is time to meet the candidates. Governor Steve Bullock was born in missoula, grubb and helena and earned his law degree from Columbia University in new york city. Earl
Economic Recovery Task force of which both ben and i are members and im also the policy lead and i have support from dylan on staff and Ben Van Houten as a colead in providing support for the entertainment policy working group within the economic Recovery Task force. I have much more to tell you. So strap in, im sorry, a lot has happened. But weve also been working with the industry and fostered goodwill during the pandemic. So we worked on this dear s. X. Campaign and a lot of you took part in. So thank you for that. And then, finally, we have been exploring legal pathways to safely allow Outdoor Entertainment activities to start again under the health order. So i will keep you apprised of that effort. But were essentially proposing possible entertainment pathways within the shared spaces program. Essentially activating outdoor property potentially suspending certain portions of police code within this emergency to allow for an expansion of what your premises would be considered as to
State wide sta stay at home ordr and declarations of directives. Committee members will attend the meeting through Video Conference and participate in the meeting to the same ex at the present time if theyre present. Public comment will be available on each item on this agenda. On channel 26 and sftvgov. Org. Each speaker will allowed two minutes to specific. And call the none on the screen. 408 4189388. The meeting i. D. Is 146 9957258. Again, thats 146 9957294and you will hear the meeting discussion and you will be muted in is lening mode only. When your item of interest comes up dial star 3 to be added to the speaker line. Call from a quiet location, speak clearly and slowly and turn down your television or radio. You may submit Public Comment in either of the following ways. Email myself, the land use and transportation clerk, at erica. Major at sfgov. Org. If you submit Public Comment ve email it will be supervised to the supervisors included as part of the official file. Finally,