
Squawk Pod
2,068 episodes — Page 18 of 42
Musk’s Pay Package Shock, AI Job Jitters, & Starbucks Cold Drinks, Heating Up 01/31/24
A Delaware judge has invalidated Tesla CEO Elon Musk's $56 billion pay package, citing the board's failure to prove its fairness and lack of evidence regarding negotiations. Thousands have been laid off across the tech industry, including at Microsoft, Alphabet, eBay, and PayPal. Alex Kantrowitz, founder of Big Technology, considers AI’s impact on the workforce. Starbucks lowered its same store sales forecasts and reported a growth in iced drinks, in its latest quarter. CFO Rachel Ruggeri outlines the company's first quarter, its 2024 outlook, and consumer appetite, abroad and at home. Plus, Nikki Haley is still fundraising from billionaires, and Universal Music Group will pull its music–like that of Taylor Swift and Olivia Rodrigo–off of TikTok. Alex Kantrowitz - 15:10Rachel Ruggeri - 21:45 In this episode:Alex Kantrowitz, @KantrowitzContessa Brewer, @contessabrewerRobert Frank, @robtfrankMichael Santoli, @michaelsantoliCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Billionaire Donors to DC, Neuralink’s Human Implant, & Fed’s-pectations 01/30/24
The Federal Reserve begins its two-day meeting today, deciding whether to cut interest rates, raise them, or hold them steady. Allianz chief economic advisor Mohamed El-Erian discusses his expectations for this week’s meeting, as well as the bigger picture of the U.S. in context with the EU’s economy. Wall Street billionaires are fundraising for Presidential hopeful Nikki Haley today; Puck’s founding partner Teddy Schleifer shares his outlook on Haley’s trajectory and on the relevance of Wall Street donors in DC politics. Plus, OpenAI is working on AI safety and education guidelines for teens, Elon Musk says his Neuralink chip has been successfully implanted in a human’s brain, Tom Brady has made a “Nobull” deal, and IBM is cracking down on its work-from-home policy. Teddy Schleifer - 12:17Mohamed El-Erian - 22:05 In this episode:Teddy Schleifer, @teddyschleiferBecky Quick, @BeckyQuickMichael Santoli, @michaelsantoliCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The Race with Nikki Haley, & AI Deals with FTC Chair Lina Khan 01/29/24
Presidential hopeful Nikki Haley says she’ll stay in the race for the White House at least through Super Tuesday. After three U.S. troops were killed in a drone strike in Jordan, Haley shares how she’d manage tensions with Iran and conflict in the region, as well as her plan to secure America’s borders. The Federal Trade Commission is taking a close look at big tech’s deals for AI innovators; FTC Chair Lina Khan explains her rationale for scrutiny and her strategy for encouraging American competitiveness through regulation. Plus, United Airlines might be looking to Airbus after Boeing’s multiple manufacturing issues, and Vince McMahon has resigned from WWE and TKO Group following disturbing allegations against him. Nikki Haley - 15:16Lina Khan - 27:36 In this episode:Nikki Haley, @NikkiHaleyLina Khan, @linakhanFTCBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
LNG Exports Paused, Maui Recovering, & Dwyane Wade Podcasting 01/26/24
NBA legend Dwyane Wade has launched a new podcast, “The Why with Dwyane Wade.” The businessman, author, philanthropist, and newly Oscar-nominated documentary producer discusses his attitude toward lifelong learning and his commitment to tell impactful stories on his platforms. President Biden has paused approvals for U.S. exports from new liquefied natural gas projects. Secretary of Energy Jennifer Granholm explains the environmental reviews taking place during the pause, as well as the administration’s approach to electrification. The PCE, the Federal Reserve’s preferred metric for inflation, showed the pace of inflation is cooling, setting the stage for next week’s Fed meeting. Plus, CNBC’s Jane Wells is on the ground in Maui, following the community’s recovery from the devastating fires six months ago. Jane Wells - 07:30Sec. Jennifer Granholm - 12:44Dwyane Wade - 26:28 In this episode:Dwyane Wade, @DWadeJane Wells, @janewellsBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
A Miss from Tesla, Hope from GDP, & Layoffs from Tech Firms 01/25/24
GDP in the fourth quarter of 2023 increased 3.3%, beating economist expectations. After Tesla reported a miss on revenue and profit in its fourth quarter, CNBC’s Phil Lebeau explains the results and the slowing growth for EV makers across the board. Plus, gearing up to the general election, Financial Services Committee Chair Rep. Patrick McHenry (R-North Carolina) discusses the push to get deals done in Congress. IBM, eBay, TikTok, Amazon, Google and other tech players are laying off workers; employment consultant Jason Greer explains the role of AI in today’s evolving labor market. Phil Lebeau - 4:08Jason Greer - 19:29Patrick McHenry - 32:51 In this episodeRep. Patrick McHenry, @PatrickMcHenryPhil Lebeau, @LebeaucarnewsBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Boeing in DC, Haley Headed to Her Home State, & an Oura Ring Rival 01/24/24
Nikki Haley has lost to Donald Trump in the New Hampshire primary, but she’s staying in the race. Pollster and strategist Frank Luntz discusses her chances of succeeding in the next primary, in her home state of South Carolina. After multiple manufacturing issues in the last few years, Boeing’s CEO Dave Calhoun is meeting with lawmakers on Capitol Hill. One leader he’s meeting: Senator Jerry Moran (R-Kan.), ranking member of the Aviation Subcommittee, who’s sharing his concerns for passenger safety and regulatory oversight at the company. Plus, CNBC’s Julia Boorstin has big WWE and subscriber news from Netflix, and Samsung is now competing with Oura in the wearable tech space. Oura CEO Tom Hale discusses the Oura ring’s popularity and many patents, and the limitations of physics and technology that make developing proprietary wearable health tech–like Oura rings and Apple Watches–so tricky. Frank Luntz - 4:16Jerry Moran - 15:09Tom Hale - 24:24Julia Boorstin - 34:47 In this episode:Sen. Jerry Moran, @JerryMoranJulia Boorstin, @JBoorstinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Alibaba’s Boost, New Hampshire’s Governor & United’s CEO 01/23/24
The New Hampshire primary is underway! New Hampshire Governor Chris Sununu discusses the current face-off between Nikki Haley and former President Donald Trump, and explains the importance of momentum for Haley’s White House bid. United Airlines reported its fourth quarter results, but investors are zeroed in on the airline’s first quarter forecast. CNBC’s Phil LeBeau and United CEO Scott Kirby discuss the pressure Boeing’s manufacturing issues have placed on United’s business, and the effect Max 9 groundings will have on the airline’s financials. Plus, Jack Ma and Joe Tsai are doubling down on Alibaba, the company they cofounded, and the SEC has new details on its X account hack–and the fake bitcoin post currently under FBI, CFTC, and DoJ scrutiny. Chris Sununu - 11:50Scott Kirby - 19:31 In this episode: Chris Sununu, @GovChrisSununuScott Kirby, @unitedPhil Lebeau, @LebeaucarnewsBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
A Primary Dropout, An AI Future, & the NFL Money-’Lions’ 01/22/24
Florida Governor Ron Desantis has pulled out of the Presidential race ahead of the New Hampshire primary. Joe Kernen, Becky Quick, and Andrew Ross Sorkin digest his announcement and his new endorsement of former President Donald Trump. During last week’s World Economic Forum in Davos, AI took center stage; Palantir co-founder and tech investor/entrepreneur Joe Lonsdale shares his projections for AI’s impact on industry and labor. CNBC’s Steve Kovach explains the regulatory and legal slog ahead for Apple, which might be lagging behind Microsoft in today’s innovation wave. Plus, it was a big weekend for Detroit! Washington University in St. Louis Sports Business Director Patrick Rishe discusses the betting ecosystem around football’s underdogs in the playoffs: the Lions. Steve Kovach - 10:21Joe Lonsdale - 16:27Patrick Rishe - 25:05 In this episode:Joe Lonsdale, @JTLonsdaleBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Coca-Cola’s James Quincey 01/19/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are speaking with Coca-Cola CEO James Quincey at the World Economic Forum in Davos, Switzerland. Quincey shares different AI innovations shaking up the world of Coke, including Marshmello (the DJ) flavors, and Times Square Coke Christmas cards. Looking ahead, he considers the marketing opportunities generative AI could power. Plus, selling beverages in nearly every country in the world, Coca-Cola had to pass on input costs to consumers. Now, inflation is moderating and so are the price hikes–at least in the U.S. and Europe. Quincey discusses global consumer, navigating inflation, and catering to popular and unpopular drink tastes. Cheers! In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Bank of America’s Brian Moynihan 01/19/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are speaking with Bank of America CEO Brian Moynihan at the World Economic Forum in Davos, Switzerland. Moynihan explains his economic outlook for 2024, where he expects U.S. Fed policy to go, and the strength and demand of the global consumer. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Goldman Sachs’s David Solomon 01/19/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are speaking with Goldman Sachs CEO David Solomon at the World Economic Forum in Davos, Switzerland. In his exclusive interview after Goldman’s fourth quarter financial report, Solomon explains the numbers and the firm’s shift to asset and wealth management. After a tumultuous 2023 for his firm and for the macroeconomic environment, Solomon says his firm is well-positioned, and he’s not expecting more rate hikes from the Fed. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Diane von Furstenberg 01/18/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin sit down with designer, philanthropist, and fashion icon Diane von Furstenberg at the World Economic Forum in Davos, Switzerland. Furstenberg made her iconic wrap dress 50 years ago, and she’s been uniting women through fashion ever since. At Davos, she’s highlighting intention and manifestation, encouraging other attendees to see the humanity and the beauty around them, in the snowy Swiss Alps and beyond. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Palantir’s Alex Karp 01/18/24
In a special episode of Squawk Pod, Andrew Ross Sorkin sits down with Palantir CEO Alex Karp at the World Economic Forum in Davos, Switzerland. A CEO consistently unafraid to speak out, Karp is urging fellow leaders to stand up to antisemitism. The Ukrainian military and the Israeli Defense Ministry use Palantir technology in their respective war efforts, and Karp expects his technology to continue solving geopolitical problems in the years ahead. Plus, Joe Kernen and Becky Quick join Andrew to digest the Palantir CEO’s bold take on leadership, AI and machine learning, and the importance of standing up to discrimination. Karp warns that antisemitism has “always been a canary in the coalmine” for larger failures across society’s institutions, including in higher education. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Morgan Stanley’s Ted Pick 01/18/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Morgan Stanley’s new CEO Ted Pick. In his first interview as the bank’s chief, Pick discusses his predecessor James Gorman’s legacy and his strategy for growing the bank moving forward. After the company’s latest quarterly report, Pick explains his plans for the company’s wealth management business, as well as his projections for dealmaking in the quarters ahead. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Blackstone’s Steve Schwarzman 01/17/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Blackstone co-founder, chairman, and CEO Steve Schwarzman. The head of the world’s largest alternative asset manager ($1T AUM) and a longtime investor in China, Schwarzman discusses opportunities in global real estate and China’s effort to attract more foreign direct investment. Once a donor to President Donald Trump, Schwarzman addresses questions about his support in the upcoming U.S. Presidential election. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: JPMorgan Chase CEO Jamie Dimon 01/17/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with JPMorgan Chase CEO Jamie Dimon. He takes a hard look at American political tribalism in the wake of the Iowa Presidential Caucus, and he considers the trajectory of the U.S. economy. Plus, Dimon says that China is gladly opening up to foreign investments, and he’s done talking about bitcoin–after this! Jamie Dimon talks about pet rocks, blockchain technology, and market hype. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: U.S. Secretary of State Antony Blinken 01/17/24
In a special episode of Squawk Pod, Andrew Ross Sorkin is at the World Economic Forum in Davos, Switzerland, where he’s speaking with U.S. Secretary of State Antony Blinken. As the world digests Taiwan's election results, wars in Ukraine and Gaza, and attacks in the Red Sea, Secretary Blinken discusses the U.S. relationship with China, as well as the intersection of private industry and geopolitics. As violence persists in the Middle East, both in the Israel-Hamas War and in the Red Sea, Secretary Blinken explains the nuance of de-escalation in the region, including protecting civilians and finding a sustainable solution to the Palestinian question. In this episode:Andrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: General Atlantic’s Bill Ford 01/17/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with General Atlantic Chairman and CEO Bill Ford. After the firm’s latest acquisition of Actis, General Atlantic will have $100B under management. Since inception, the firm has deployed $60B into over 500 companies, including Uber, Airbnb, Etsy, Mobileye, Chime, and TikTok parent ByteDance. Ford sits on the boards of BlackRock and Bytedance and shares his perspective on the global energy supply and US concerns about Chinese technology. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Intel CEO Pat Gelsinger 01/16/24
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Intel CEO Pat Gelsinger. Intel has a new line of chips for generative AI, and investors are excited–bumping the stock up 12% in the wake of that announcement. Gelsinger sees his business and the expansion of semiconductor production in Europe and the US as crucial to establishing a stable world order. He says, a balanced supply chain is key to geopolitics. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Squawk Pod Reports from Davos: Bridgewater Founder Ray Dalio 01/16/24
In the first of a special series of episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Ray Dalio, founder of one of the world’s largest hedge funds, Bridgewater. “The market’s not cheap,” Dalio says, as he considers current political and economic uncertainties, both globally and domestically. As Taiwan’s new President settles in and the American 2024 Presidential election approaches, Dalio offers a recommendation to investors: know your neutral positions. In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Bill Ackman on Antisemitism, Stakeholder Activism, and Harvard’s Future 01/12/24
Pershing Square Founder and CEO Bill Ackman joins Andrew Ross Sorkin for an extended conversation about his activist shareholder strategy on Wall Street and at his alma mater, Harvard. He’s become one of business’s most outspoken voices pushing for an end to antisemitism on college campuses and for the removal of Harvard’s former president, Claudine Gay. Ackman addresses his change-seeking strategies, and the controversial headlines about himself and about his wife’s academic career. Plus, he discusses his political leanings, his expectations for the 2024 election, and his disappointment in America’s current political frontrunners. In this episode: Bill Ackman, @BillAckmanAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
ARK’s Cathie Wood & Grayscale’s Michael Sonnenshein on Bitcoin’s Big Win 01/11/24
After over 10 years of opposition to the idea, the SEC finally approved 11 spot bitcoin ETFs to begin trading. In this cryp-tastic episode, Grayscale’s Michael Sonnenshein discusses his firm’s spot bitcoin ETF offering and ARK Invest’s CEO and CIO Cathie Wood discusses details of her firm’s own offering. The two weigh in on the fee wars, the long journey to regulatory legitimacy, and the next milestone for digital assets. Plus, hear Coinbase CEO Brian Armstrong’s first reaction to the approval, and Pomp Investments’ Anthony Pompliano’s expectations for the future of bitcoin. Michael Sonnenshein - 06:12Cathie Wood - 18:26 In this episode: Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The Nuts & Bolts of Boeing’s Safety Checks & X Marks the (False) Spot 01/10/24
As the crypto community anxiously awaited the SEC’s decision on spot Bitcoin ETFs, the SEC’s X account tweeted a false start. As of Wednesday morning, the Bitcoin ETFs had not been approved, but the crypto market popped briefly on the fake post. The Iran-backed Houthi militia launched its largest attack yet in the Red Sea. Former NATO Supreme Allied Commander Admiral James Stavridis discusses the latest attack in context with his own history taking on the Somali pirates in the region a decade ago. And Boeing is inspecting 737 Max 9 aircrafts after the Alaska Airlines incident last weekend. Former NTSB investigator Greg Feith explains what safety checks and balances should be in place for the manufacturing giant. Plus, CNBC’s Julia Boorstin is in Las Vegas at the Consumer Electronics Show with the newest tech in autos, beauty, social media, and even refrigerators, and Mark Zuckerberg is in Hawaii, raising beef–literally. Greg Feith - 10:51Admiral James Stavridis - 21:37 Julia Boorstin - 25:40 In this episode: Julia Boorstin, @JBoorstinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The DEI Push, Pushed Back, & Kevin McCarthy’s Vision for the GOP 01/09/24
Kevin McCarthy gives his first interview since leaving his role as House Speaker, weighing in on the 2024 election, supporting former President Trump, and the opportunities afoot for the Republican Party. Semafor business and finance editor Liz Hoffman has a scoop: a group of lawyers and investors are planning a lawsuit, targeting corporate DEI policies and claiming those policies have hurt shareholders. Boeing CEO David Calhoun is under pressure to fix the fuselage issues on the now-grounded 737 Max 9 crafts after the Alaska Airlines incident over the weekend. Plus, Tiger Woods and Nike are parting ways after 27 years, and European grocer Carrefour will no longer carry PepsiCo products. Kevin McCarthy - 10:33Liz Hoffman - 30:32 In this episode:Kevin McCarthy, @SpeakerMcCarthyLiz Hoffman, @lizrhoffmanBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Boeing’s Fuselage Failure & Elon Musk’s Extracurriculars 01/08/24
171 Boeing 737 Max 9 aircrafts have been grounded after a door plug blew out of a plane in the middle of an Alaska Airlines flight over the weekend. CNBC’s Phil LeBeau explains what happened on that flight and what happens now at Boeing and the airlines that carry these crafts. Former FAA Administrator and pilot J. Randolph Babbitt discusses industry concerns and airline safety regulation. The crypto community awaits the SEC’s decision on spot Bitcoin ETFs; former SEC chair Jay Clayton is expecting an approval. Clayton, also an adjunct professor at the University of Pennsylvania, weighs in on the reckoning for higher education leadership in the wake of antisemitism on campuses and the resignation of Harvard’s president, Claudine Gay. Plus, Elon Musk’s recreational and prescription drug use is reportedly worrying his SpaceX and Tesla boards. Phil LeBeau - 2:13Randy Babbitt - 10:26Jay Clayton - 18:30 In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkPhil Lebeau, @LebeaucarnewsKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Good News & Bad Vibes: Jobs, EVs, & American Sentiment 01/05/24
The last jobs report of 2023 came in much better than economists expected, but former Fed Vice Chair Roger Ferguson projects a cautious road forward. Other good economic news: America’s burgeoning electric vehicle industry. U.S Energy Secretary Jennifer Granholm is seeing the “diminishment of demand” for gasoline in America, but she’s confident in the country’s EV manufacturing future, from charging stations to battery supply chains. Despite good economic news, American sentiment remains low. Harvard Professor and happiness scholar Arthur Brooks explains the mismatch between ‘good news’ and unhappy Americans; he’s calling for more optimistic leadership in Washington. Plus, the NCAA and ESPN have inked an 8-year, $920m deal, and Pepsi is in a price war with Carrefour. Roger Ferguson - 3:10Jennifer Granholm - 14:25Arthur Brooks - 28:50 In this episode:Jennifer Granholm, @SecGranholmArthur Brooks, @arthurbrooksBecky Quick, @BeckyQuickMichael Santoli, @michaelsantoliSteve Liesman, @steveliesmanKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Weight Loss Drugs Go DTC & the Santa Claus Rally Stumbles 01/04/24
Eli Lilly will now sell weight loss drugs directly to consumers. In a big move, the drugmaker has announced LillyDirect, a platform that uses telehealth to improve consumer access to weight loss drugs like Lilly’s Mounjaro and its recently approved Zepbound. CNBC’s Bertha Coombs explains the impact LillyDirect will have on health care and on pharmacy benefit providers like those of CVS, UnitedHealth, and Cigna. Primary care physician Dr. Kavita Patel underscores the health care access problem that millions of Americans face, and whether Eli Lilly’s effort could alleviate some of those pressures. Plus, CNBC’s Jon Fortt sees Apple’s 2024 going two very different directions after 2023’s stock strength and sales weakness. Microsoft keyboards are ready for their biggest change in almost 30 years, and the market’s Santa Claus rally is officially behind us–maybe. Bertha Coombs - 14:05Dr. Kavita Patel - 24:11Jon Fortt - 31:22 In this episode: Dr. Kavita Patel, @kavitapmdBertha Coombs, @berthacoombsJon Fortt, @jonforttBecky Quick, @BeckyQuickMichael Santoli, @michaelsantoliSteve Liesman, @steveliesmanKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Shareholder Proxy Fights: Harvard’s Campus & Disney’s Boardroom 01/03/24
Claudine Gay has resigned from her post as Harvard University President amid plagiarism allegations and pressure from Harvard’s donors. Crisis management expert Eric Dezenhall explains the shareholder mindsets of the university’s donors and the role they play in the future of higher education and the workforce. Another shareholder fight is underway at Disney; activists ValueAct and Blackwells are backing Bob Iger and Disney in the ongoing proxy battle with another activist investor, Nelson Peltz’s Trian. Plus, the family that went viral for their “Christmas Jammies” video in 2013 has amassed millions of followers across platforms since then. Kim and Penn Holderness discuss how they turned a family music video into a business with 7 revenue streams, joining the rising tide of the creator economy. Eric Dezenhall - 17:30Kim & Penn Holderness - 25:05 In this episode:Kim Holderness, @KimDHoldernessPenn Holderness, @pennholdernessBecky Quick, @BeckyQuickRobert Frank, @robtfrankMichael Santoli, @michaelsantoliKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
A 2024 “Unity Ticket” & the Road Ahead for Weight Loss Drugs 01/02/24
2024 trading begins after a strong market finish to 2023, with the Nasdaq 100 closing its best year since 1999. Just over 300 days before the 2024 election, former Connecticut Senator Joe Lieberman is pushing for an option outside of President Biden and President Trump. Once on the Presidential ticket himself, Lieberman started nonprofit No Labels, which hopes to offer a third, bipartisan, centrist “unity ticket” to the Americans unsatisfied with the current political playing field. Plus 2023 was the year of weight loss drugs for pharma companies like Novo Nordisk and Eli Lilly. Former FDA Commissioner Dr. Scott Gottlieb sits on the boards of Illumina and Pfizer, and he expects more good news–and more secondary benefits–from weight loss drugs on the market. Plus, Michigan is celebrating a big sports weekend, and X is now worth 71.5% less than when Elon Musk bought it, according to Fidelity, one of the co-investors that backed his takeover. Joe Lieberman - 12:30Dr. Scott Gottlieb - 24:46 In this episode: Scott Gottlieb, @ScottGottliebMDBecky Quick, @BeckyQuickRobert Frank, @robtfrankMichael Santoli, @michaelsantoliKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Cracking the iPhone Thieves & NBA Star Iggy’s Next Score: Venture Capital 12/29/23
Google might owe you $5,000. This week, the tech giant settled a $5b lawsuit over ‘incognito mode.’ The Boeing 737 Max is once again suffering a quality issue. The company’s best-selling jetliner must now be checked for a ‘possible loose bolt’ before reaching customers. Global energy prices are ending a year of fluctuation, most recently because of shipping interruptions to the fleet originally routed through the Red Sea and Suez Canal. Energy expert Helima Croft explains the oil supply chain and its impact on the American consumer. Reporters at The Wall Street Journal investigated iPhone thefts for a year; what they found was a common scheme to nab both the device and the passcode from their victims, emptying literal pockets and digital wallets and racking up thousands of stolen dollars. WSJ senior personal tech columnist Joanna Stern explains her reporting and her interview with one of the convicted iPhone thieves, including his advice to protect your phone and your assets. Plus, on the last workday of 2023, we’re sharing one of Squawk’s favorite interviews of the year. Andrew Ross Sorkin and Becky Quick speak with NBA All Star and 4-time championship winner Andre Iguodala. After 19 years on the court, he’s officially hanging up his basketball shoes and turning to his venture capital career full time. His advice for athletes looking to follow his lead: be obsessed. Helima Croft - 3:51Joanna Stern - 15:42Andre Iguodala - 23:28 In this episode:Joanna Stern, @JoannaSternAndre Iguodala, @andreHelima Croft, @CroftHelimaLeslie Picker, @LesliePickerMichael Santoli, @michaelsantoliBrian Sullivan, @SullyCNBCAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Vail’s Slopes, Youth Sports, & An AI Lawsuit 12/28/23
The New York Times is suing OpenAI and Microsoft over copyright infringement, opening big media’s first legal case against content use in training large language models. Tusk Ventures CEO Bradley Tusk explains the timing and the repercussions of this action for tech innovation and the future of news. Apple’s sales in 2023 have declined, but Apple’s stock is soaring. CNBC’s Steve Kovach discusses the company’s headwinds and tailwinds, as well as the temporary pause on a ban of some US Apple Watch sales. Youth sports are an estimated $37.5B market, and private equity is deepening its stake. Waud Capital’s youth sports management company TeamSnap has acquired MOJO, a kids sports streaming platform. MOJO founder and former media executive Ben Sherwood joins TeamSnap CEO Pete Frintzilas to discuss the network of kids, parents, and coaches paying for youth sports resources. The Plus, Vail Resorts CEO Kirsten Lynch is in the midst of ski season. She shares how her company is expanding its network of slopes in the US, Europe, and even Australia. Steve Kovach - 5:30Bradley Tusk - 11:25 Ben Sherwood & Pete Frintzilas - 17:19Kirsten Lynch - 27:00 In this episode: Ben Sherwood, @BenSherwoodLeslie Picker, @LesliePickerMichael Santoli, @michaelsantoliBrian Sullivan, @SullyCNBCKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Glitter Bombs & Subscription Boxes with Mark Rober 12/27/23
NASA and Apple engineer turned YouTube sensation Mark Rober shares his joy for inventing–and how he’s cashing in on the broad appeal of his glitter bomb packages, squirrel obstacle courses, engineering projects, and kids excited to learn while they play. Media analyst Paul Dergarabedian considers the box office’s bumpy ride in 2023. Between Hollywood strikes and shifting viewer tastes, Dergarabedian says that streaming has an edge. For streamers on Amazon Prime, though, ads are coming! And in the oil patch, a mild winter and conflict concerns in the Middle East have contributed to fluctuating energy prices. CNBC’s Pippa Stevens discusses the rise of “virtual power plants” to meet electricity demand. Pippa Stevens - 9:19Dergarabedian - 16:01Mark Rober - 24:00 In this episode:Mark Rober, @MarkRoberPippa Stevens, @PippaStevens13Contessa Brewer, @contessabrewerLeslie Picker, @LesliePickerSteve Liesman, @steveliesmanKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Holiday Hauls: Airlines, Apple, & Meta 12/26/23
7.5 million travelers are hitting the skies between Christmas and New Years this year, passing the pre-pandemic record of 7.2 million. International president of the Association of Flight Attendants Sara Nelson discusses the pilots and flight attendants renegotiating contracts and managing unruly passengers during a busy holiday schedule. And the “she-cession” may be over, but Yale Lecturer and journalist Joanne Lipman warns that working women may lose many of their workplace participation gains to rigid back-to-office mandates. Plus, 2023’s market year was a roller coaster, OpenAI is aiming to raise more funds at an estimated valuation of $100 billion, holiday returns just got a little trickier, and Meta might have beat Apple under the trees and menorahs this year, as the Apple Watch ban takes effect. Sara Nelson 20:20Joanne Lipman 28:39 In this episode:Joanne Lipman, @joannelipmanSara Nelson, @FlyingWithSaraContessa Brewer, @contessabrewerLeslie Picker, @LesliePickerSteve Liesman, @steveliesmanKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Tracking Santa’s Sleigh Ride This Weekend 12/22/23
The North American Aerospace Defense Command (NORAD) returns to Squawk Pod for its annual tradition: tracking Santa Claus’s Christmas journey through the night sky. Deputy Commander of the Continental US NORAD Region Major-General S.T. Boyle explains how Rudolph helps light the way for Santa and for NORAD tracking his progress. Also spreading holiday cheer, chef, restaurateur, and author of “Eat, Drink, and Be Murray” cookbook, Andy Murray. Murray shares family recipes and stories from his Caddyshack-themed restaurants. Plus, New York Times foreign affairs columnist Thomas Friedman explains the geopolitics at play in the Red Sea, and Joe Kernen, Becky Quick, and Andrew Ross Sorkin discuss the other business headlines before the holiday weekend: China’s limits on teen tech use, and the US Department of Transportation is scrutinizing frequent flier programs. Thomas Friedman - 12:28Andy Murray - 20:02Major-General S.T. Boyle - 27:42 In this episode:Thomas Friedman, @tomfriedmanJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Up in the Air: Media Mergers, Fed Policies, & Apple Watches 12/21/23
Markets are confused, at least according to some economists. The markets snapped 7 straight weeks of gains this week, as Wall Street interpreted the Federal Reserve’s pivot from hiking rates to cutting them. Chief economics correspondent at The Wall Street Journal Nick Timiraos penned a splashy op-ed pointing to confusion among investors and Fed governors. Elon Musk biographer and Tulane professor Walter Isaacson discusses the billionaire’s tendency to polarize his advertisers and consumers. Plus, Puck’s Matt Belloni discusses Warner Bros. Discovery’s early talks with Paramount Global for a potential merger, and Apple lost a bid to delay an import ban on certain Apple watches, but it’s reportedly gearing up to release its new mixed reality headset. Matt Belloni - 6:48Nick Timiraos - 16:30Walter Isaacson - 29:03 In this episode:Nick Timiraos, @NickTimiraosWalter Isaacson, @WalterIsaacsonMatthew Belloni,@mattbelloniJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
A Fed-Fueled Rally, FedEx, & the Fourteenth Amendment 12/20/23
The market rally surges on, after the Federal Reserve announced its pivot. Former Fed Governor Kevin Warsh discusses the rally and the Fed’s next move. FedEx shares tumbled after disappointing Wall Street in its second quarter report and lowering its revenue guidance; Broughton Capital’s Donald Broughton explains why this company is often considered a bellwether for macroeconomic conditions. CNBC’s Steve Liesman reveals America’s public opinion on its billionaires, and coming out on top was the ‘beloved Buffett.’ Plus, the Colorado Supreme Court has barred Donald Trump from appearing on state ballots in the 2024 Presidential election, citing the 14th amendment, and Rite Aid will shelf its facial recognition strategy after thousands of customers were wrongly targeted as shoplifters. Donald Broughton - 10:24Kevin Warsh - 17:04 In this episode:Steve Liesman, @SteveLiesmanJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Shipping Risks in the Red Sea & Racing to Win AI 12/19/23
The Houthis, a Yemeni rebel group backed by Iran, have amped up attacks on ships traveling through the Suez Canal since the beginning of the Israel-Hamas War. Director of Harvard’s Belfer Center Meghan O’Sullivan explains the disruptions to global shipping and the geopolitics at play in the Red Sea. The AI arms race is set to enter a new year, as 2023 winds down. CNBC’s Technology Correspondent Steve Kovach discusses Microsoft, Nvidia, and other winners so far, and Activate CEO Michael Wolf explains how smaller players measure up to the tech giants. Plus, Google will pay consumers $700m (~$2 a person) in its Play store settlement, Apple’s pressing pause on some of its watches, and Senator John Fetterman (D-Penn.) is hoping to block Nippon’s $14.9B acquisition of US Steel. Meghan O’Sullivan - 12:30Steve Kovach - 20:23Michael Wolf - 20:23 In this episode:Michael Wolf, @mjwMeghan O’Sullivan, @OSullivanMeghanJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Taking Off: Holiday Travel & Beauty Gifting 12/18/23
As holiday travel ramps up, Southwest Airlines is landed with a $140 million fine for last holiday season’s travel meltdown. U.S. Transportation Secretary Pete Buttigieg emphasizes airline obligations to passengers, as well as the infrastructure needed to protect American consumers and travelers. Companies must now disclose cyberattacks in a timely manner, in compliance with new rules from the SEC. Former CEO of FireEye and current Mandiant CEO Kevin Mandia explains the implications of this new rule for shareholders and corporations. Plus, the world’s fourth largest steel producer, Japan’s Nippon Steel, is buying US Steel for $14.9 billion. CNBC’s Courtney Reagan reports on the strength of beauty this holiday season, as the total addressable market for the sector expands in age and gender identity. Courtney Reagan - 6:49Phil Lebeau - 13:10Pete Buttigieg - 20:03Kevin Mandia - 28:36 In this episode:Pete Buttigieg, @SecretaryPeteCourtney Reagan, @courtreaganPhil Lebeau, @LebeaucarnewsJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Senate Still in Session & Lidia Bastianich Still Cooking for America 12/15/23
The Senate will wait another week to go on holiday recess, after Senate Majority Leader Chuck Schumer delayed the break until lawmakers reach a deal on immigration and foreign aid. Senator Markwayne Mullin (R-Ok.) discusses the packages for Ukraine, Israel, and securing America’s own border. After a meeting in St. Vincent & the Grenadines, Venezuela President Maduro and Guyana President Arfaan Ali have not reached a resolution to their territorial dispute. Former international correspondent for CNBC Michelle Caruso-Cabrera explains Maduro’s strategy, the geopolitics of the region, and the impact of their conflicting claims to an oil-rich area. Celebrity chef and restaurateur Lidia Bastianich is celebrating 25 years since her cooking show launch, and she’s still cooking for America through her restaurants, cookbooks, and Eataly.She joins the team for a look at consumer appetites this season, including their spending and eating habits. Plus, Citigroup is closing its municipal offering business. Sen. Markwayne Mullin - 15:28Lidia Bastianich - 29:27 In this episode:Markwayne Mullin, @SenMullinAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
AI in the Newsroom & Jay Powell: “So Far, So Good” 12/14/23
Federal Reserve Chair Jay Powell surprised Wall Street with his announcement of a more dovish approach to inflation, moving forward. Powell signaled a 2024 of rate cuts from the central bank. OpenAI scored a deal with Politico and Business Insider parent Axel Springer, the company’s second deal with a news organization. Tulane Professor and Perella Weinberg Advisory Partner Walter Isaacson discusses AI’s role in newsrooms and the deals’ impacts on journalism. The Project Liberty founder Frank McCourt explains his idea for reclaiming our personal data online and keeping kids safe on the internet. Plus, Citigroup is offering early bonuses to departing employees. Frank McCourt - 16:35Walter Isaacson - 25:51 In this episode:Walter Isaacson, @walterisaacsonMichael Santoli, @michaelsantoliAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Pharma Bets & College Controversies with Ken Langone 12/13/23
Billionaire investor, Home Depot co-founder, and NYU Langone Health board chair Ken Langone discusses his latest market buys, his calls for pharma stocks, and his apprehension about investing in China. Former SEC Chair and University of Pennsylvania professor Jay Clayton joins Ken Langone in a discussion about leadership on American college campuses in the aftermath of controversial testimonies from university presidents on Capitol Hill. Plus, Netflix has released viewership numbers, Presidents Biden and Zelenskyy shared a hug in the Oval Office, Pfizer disappointed investors, and US Treasury Secretary Janet Yellen believes that we are on our way to a “soft landing.” Ken Langone - 14:00Jay Clayton - 25:42 In this episode:Andrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Boomer Buying Habits, Google’s Big Antitrust Loss, & Small Caps in 2024 12/12/23
In a recent op-ed, Ariel Investments Co-CEOs Mellody Hobson and John Rogers predict investors’ best bets for 2024. Hobson and Rogers explain why, after a big year for tech’s ‘magnificent seven,’ it may be time to cash in on smaller stocks. Boomers are driving spending! Bank of America Institute has released new data on consumer spending in November; head of the Institute Liz Everett Krisberg discusses the highlights, including spending trends across Gen Z, millennials, Gen X, and boomers. Plus, Hasbro is cutting 20% of its workforce, teens are on YouTube and TikTok “almost constantly” and Epic Games has won its antitrust lawsuit against Google. Steve Kovach - 06:25Liz Everett Krisberg - 15:30Mellody Hobson & John Rogers - 24:23 In this episode:Andrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oxy’s Big Deal & Scott Gottlieb on Game-changing Gene Editing 12/11/23
Occidental Petroleum will buy CrownRock for $12 billion, deepening its foothold in the Permian basin. Energy expert and author of “The New Map: Energy, Climate and the Clash of Nations” Daniel Yergin explains what the recent flurry of oil industry mergers means for geopolitics. The FDA has approved treatment for sickle cell disease, the first treatment to use the gene-editing tool CRISPR. Former FDA Commissioner Dr. Scott Gottlieb discusses a treatment’s journey from lab to patients, as well as improving the public’s access to life-saving care. Plus, Macy’s has a $5.8 billion buyout offer, and University of Pennsylvania’s President Elizabeth Magill has resigned after her controversial testimony on Capitol Hill last week. Daniel Yergin - 15:38Dr. Scott Gottlieb - 23:50 In this episode: Dan Yergin, @danielyerginScott Gottlieb, @ScottGottliebMDMichael Santoli, @michaelsantoliAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
University Presidents Under Scrutiny & Climate Deals in Dubai 12/08/23
After the presidents of Harvard, MIT, and the University of Pennsylvania testified on Capitol Hill this week, UPenn President Elizabeth Magill’s comments sparked backlash among the public and one of her colleagues. Concerns that university presidents are equivocating on the issue of condemning antisemitism on their campuses has prompted a nationwide debate over the role of academia and the business of higher education. President of Brandeis University Ron Liebowitz says, there’s no gray area in creating safe spaces to learn, at least for him. The November jobs report delivered some welcome economic news for the Federal Reserve, ahead of the central bank’s two-day meeting next week. Plus, CNBC’s Diana Olick is on the ground at COP28, the UN Climate Change Conference, and CNBC’s Robert Frank fact checks the great wealth migration: New York has not lost all its millionaires. Ron Liebowitz - 14:02Diana Olick - 23:42Robert Frank - 27:43 In this episode:Ron Liebowitz, @BrandeisUDiana Olick @DianaOlickRobert Frank, @robtfrankAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Elizabeth Warren, Banks, & Bitcoin 12/07/23
Senator Elizabeth Warren (D-Mass.) discusses her concerns about cryptocurrency, after big bank CEOs appeared before Congress this week. It turns out, Sen. Warren and JPMorgan Chase CEO Jamie Dimon agree on the dangers of bitcoin. JetBlue and Spirit await the fate of their proposed merger. Columbia Law School Professor and former advisor in the Biden administration Tim Wu explains his perspective on airline consolidation: it isn’t great for consumers. In an op-ed in The New York Times, Wu concludes that M&A in the airspace often leads to higher prices for the same experience. The fourth Republican Presidential debate took place in Alabama on Wednesday, but only four of the candidates participated. Plus, Time Magazine has named Taylor Swift its Person of the Year. CNBC’s Jon Fortt explains why that decision does and doesn’t make sense. Sen. Elizabeth Warren - 15:34Tim Wu - 34:42 In this episode:Elizabeth Warren, @SenWarrenJon Fortt, @jonforttAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Liz Cheney & the ‘Never Trump’ GOP, & Robinhood CEO Vlad Tenev 12/06/23
Bitcoin is building on its upward momentum. Robinhood co-founder and CEO Vlad Tenev discusses the 75% increase in crypto trading volume from October to November, what’s behind the crypto rally, and how the Federal Reserve’s decisions play out for retail investors. Former Congresswoman and ‘Oath and Honor’ author Liz Cheney (R-Wyo.) discusses the 2024 presidential election, her efforts to prevent a Donald Trump reelection, and the state of her own party, the GOP. Plus, former U.S. ambassador to the United Nations Nikki Haley raised over $500,000 at a massive fundraiser in New York on Monday, and Elon Musk has filed for $1B in equity for his AI startup, X.AI.Liz Cheney - 11:29Vlad Tenev - 27:20In this episode:Liz Cheney, @Liz_CheneyVlad Tenev, @vladtenevAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Bitcoin’s Rally, China’s Credit, & Politics’ Toll on Public Happiness 12/05/23
Bitcoin hit $42,000 for the first time in over 19 months; crypto investor and bitcoin bull Anthony Pompliano discusses the asset’s rise, regulatory tailwinds for the U.S. crypto companies, and the crypto community’s worldview on central banks and stores of value. In a thoughtful discussion, author, Harvard professor, The Atlantic contributing writer and fellow podcaster Arthur Brooks considers the toll America’s polarizing political climate is taking on the average citizen’s happiness. As tensions rise in Washington and on college campuses, Brooks explains how America’s current approach to community hurts us, more than helps. Plus, today’s headlines: Moody’s cut China’s credit outlook, CVS is changing how it prices prescription drugs, Take-Two Interactive’s stock tumbled after a trailer of the newest Grand Theft Auto game was leaked on X, and voters are gearing up for another Republican Presidential debate this week. Arthur Brooks - 12:17Anthony Pompliano - 21:55 In this episode:Arthur Brooks, @arthurbrooksAnthony Pompliano, @APomplianoAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Hoping for the End of Hikes & Pushing for Packages in Washington 12/04/23
After Fed Chair Jay Powell’s comments on Friday, investors are hopeful that the Federal Reserve is done hiking interest rates, and the interest rate environment has led to highs in the Dow Jones Industrial Average, gold prices, and bitcoin. Restaurateur Cameron Mitchell shares his consumer’s spending habits in the inflationary environment, including new trends in how Americans are dining out. Plus, Israeli forces announced an expansion of ground attacks against Hamas in Gaza, Yemen’s Iran-backed Houthi military group attacked commercial vessels in the Red Sea, and the US Senate is in the midst of heated negotiations to pass aid packages to Israel and Ukraine. Senator Roger Marshall (R-Kansas) explains his perspective on Washington’s priorities, balancing geopolitical obligations of emergency aid in warzones and domestic goals like border security. Sen. Roger Marshall - 13:20Cameron Mitchell - 22:13 In this episode:Sen. Roger Marshall, @RogerMarshallMDAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Charlie Munger: A Life of Wit and Wisdom Part 2 12/02/23
“I’m an accidental guru.” This is the second episode of a series remembering and celebrating billionaire investor Charlie Munger. At age 99, the right-hand man to Berkshire Hathaway Chairman Warren Buffett sat down with Becky Quick in what became their last interview together - after years of Becky covering the company and facilitating shareholder questions at the raucous Berkshire Hathaway Annual Meetings. Munger passed away two weeks after this interview was recorded, just a month shy of his 100th birthday. In this extended audio version of that final CNBC interview, Charlie Munger reflects on his century of life, the childhood traumas that shaped him, the investing wins and losses that made his career, and the perspective and knowledge he gained in his final years. Follow Becky Quick on X: @beckyquick Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese. CNBC’s Managing Editor is Lacy O’Toole. John Lazration edited this podcast series. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Charlie Munger: A Life of Wit and Wisdom Part 1 12/02/23
He was irreverent, he was focused, he was one of the world’s most successful investors. And he was one of a kind. Billionaire investor Charlie Munger - the longtime right-hand man and close friend of Berkshire Hathaway CEO Warren Buffett - died at age 99, a few weeks shy of what would have been his 100th birthday.. Becky Quick, Squawk Box co-host, interviewed Munger two weeks before his death. She traveled to his home in Los Angeles for a discussion on how to live a long life, pragmatic investing and the stunning advancements of the last century. This would be their final conversation. Charlie Munger: These ‘basic rules’ made me successful in life—‘with Warren Buffett, I had all 3’Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. MungerThe Warren Buffett Archive Revisit our 2021 Squawk Pod series, Warren Buffett and Charlie Munger: A Wealth of Wisdom Read more about Charlie Munger’s legacy:Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at age 99Munger in final interview describes how he and Buffett turned Berkshire Hathaway into such a successHow Munger and Buffett’s 60-year partnership was so special: ‘Charlie and I have never had an argument’Charlie Munger’s sharp wit turned Berkshire meetings into uproarious affairsA ‘true master of investing:’ Top value investor on how Charlie Munger changed the craftCharlie Munger’s greatest bits of investing advice from over the yearsThe investing world reacts to death of Berkshire legend Charlie Munger Follow Becky Quick on X: @beckyquick Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese. CNBC’s Managing Editor is Lacy O’Toole. John Lazration edited this podcast series. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.