Tag Archives: move

Google slashes service fees in app store after similar move by Apple

Sundar Pichai, Google testifies at congressional hearing, March 25, 2021. CNBC Google said on Thursday that it’s lowering service fees in its app store after a similar move by Apple, as both companies face pressure from lawmakers and regulators to make their mobile stores more accessible to developers. The service fee for subscriptions in the Google Play store will drop from 30% to 15% from day one, Google said in a press release. Under the current model, developers must pay a 30% cut on… Source link

Read More »

The big trade move America got wrong

President Donald Trump signs an executive order to withdraw the U.S. from the 12-nation Trans-Pacific Partnership (TPP) trade pact agreed to under the Obama administration in the Oval Office of the White House in Washington, January 23, 2017. (AP Photo/Evan Vucci, File) Remember the Trans-Pacific Partnership? A few years back, the TPP morphed form a wonky trade deal among the United States and 11 other Pacific nations into a litmus test of fealty to the American working class. As a 2016… Source link

Read More »

El Salvador’s bitcoin move puts best, worst crypto impulses on display: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, September 8, 2021 A country’s embrace of bitcoin puts 2 competing crypto visions on display Tuesday marked what one observer called the “start of a new world,” as El Salvador officially became the first country to accept bitcoin as legal tender.  The eagerly anticipated move is a big test of cryptocurrency’s staying power, and… Source link

Read More »

Apple stock is making an impressive move into the new iPhone reveal

Investors are nibbling at Apple (AAPL) ahead of potentially big September. Apple shares were among the top trending tickers on the Yahoo Finance platform on Tuesday, notching a gain of about 2% by afternoon trading. The stock has rallied to the tune of 7% in the past month, almost double the Nasdaq Composite. Apple’s stock is the second-best performing member of the FAANG [Facebook (FB), Apple, Amazon (AMZN), Netflix (NFLX), Google (GOOG, GOOGL)] cohort in the last month, only lagging an… Source link

Read More »

UPDATE 8-U.S. recruits commercial airlines to help move Afghanistan evacuees

(White House updates numbers of evacuees) By Idrees Ali and Susan Heavey WASHINGTON, Aug 22 (Reuters) – The United States has enlisted the help of six commercial airlines to help transport people after their evacuation from Afghanistan as Washington seeks to step up the pace of departures of Americans and at-risk Afghans from Kabul. The Pentagon said on Sunday it called up 18 civilian aircraft from United Airlines, American Airlines, Delta Air and others to carry people from temporary locations… Source link

Read More »

The sneaky tax move Democrats are planning

U.S. President Donald Trump (L) congratulates Speaker of the House Paul Ryan (R-WI) (C) and Sen. Tim Scott (R-SC) during an event to celebrate Congress passing the Tax Cuts and Jobs Act with Republican members of the House and Senate on the South Lawn of the White House December 20, 2017 in Washington, DC. (Photo by Chip Somodevilla/Getty Images) Democrats swallowed the tax cuts for businesses and high earners that President Trump and his fellow Republicans passed unilaterally in 2017. They… Source link

Read More »

Britney Spears’ latest conservatorship move keeps ‘prison sentence’

Britney Spears is once again asking the courts to replace her father as conservator of her estate — but at least one expert thinks the latest filing is hardly in the pop star’s long-term interest.  On Monday, Britney’s newly appointed lawyer, Mathew Rosengart, filed a petition to remove Jamie Spears from his position as sole conservator of the pop star’s reported $60 million estate.  Rosengart — a former prosecutor and prominent Hollywood lawyer whose A-list clients include Ben Affleck… Source link

Read More »

El Salvador Move Could Strain Bitcoin Blockchain, JPMorgan Says

(Bloomberg) — El Salvador’s declaration of Bitcoin as legal tender could create challenges for both the country and the cryptocurrency, according to a team from JPMorgan Chase & Co. Bitcoin trading volumes commonly exceed $40 billion to $50 billion per day, but most of that is internalized by major exchanges, said a group from JPMorgan including Steve Palacio, Joshua Younger and Veronica Mejia Bustamante, in a report Thursday. A large portion of Bitcoin is locked up in illiquid entities,… Source link

Read More »

‘Extremely cruel move:’ Jobless workers brace for early end to unemployment benefits in 25 states

On Saturday, the $380 in weekly jobless benefits Robyn Gregorieff and her husband had depended on for basic needs is getting slashed by 79%, leaving the couple with just $80 a week to live on. She would have been entitled to the larger amount until September if her home state of Alaska didn’t cancel federal unemployment programs early due to mounting concerns over labor shortages. “It makes no sense because the federal government is paying that,” the 43-year-old Gregorieff told Yahoo… Source link

Read More »