Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Ruling challenges App Store - Closing Bell - Marketplace Minute - September 10, 2021

Ruling challenges App Store - Closing Bell - Marketplace Minute - September 10, 2021

FromMarketplace Minute


Ruling challenges App Store - Closing Bell - Marketplace Minute - September 10, 2021

FromMarketplace Minute

ratings:
Length:
2 minutes
Released:
Sep 10, 2021
Format:
Podcast episode

Description

Episode Summary: Federal judge rules Apple must loosen App Store rules; Biden defends vaccine mandates; Kroger shares slip
:02
This is the Marketplace Minute. I’m Meghan McCarty Carino.
STORY 1
Stocks were down Friday, finishing the week with losses.
The Dow and S&P dropped almost eight tenths percent.
And the NASDAQ fell about nine tenths percent.

STORY 2
Apple stock took a hit after a federal judge ruled the company can no longer retain its grip over in-app payments. The decision in the case brought by Epic Games means developers can link consumers AWAY from the Apple’s App Store, which takes up to a 30 percent cut of all payments. The judge rejected a charge that Apple is a monopoly.

STORY 3
President Biden defended his new plan for vaccine mandates for many American workers … telling Republicans who vowed to challenge the policies to -quote- “have at it.” The administration’s plan could require 100 million workers to be vaccinated or tested weekly.

STORY 4 *** CUT THIS FOR PUBRADIO VERSION ***
And shares in Kroger slipped after the grocery chain reported shrinking margins last quarter. While sales remain strong, inflation, theft and changing consumer habits could continue to slow growth.

***CLOSE
I’m Meghan McCarty Carino with the Marketplace Minute.
Released:
Sep 10, 2021
Format:
Podcast episode

Titles in the series (100)

The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with three-times-a day briefings from Marketplace. More than just the numbers, Marketplace brings you highlights from the most important stories about money, business and the economy. Have a minute? We’ll get you what you need. Get the Marketplace Minute®, now.