Squawk Pod

At least 17 states have detected the omicron coronavirus variant and that number is expected to rise according to the CDC. Former FDA Commissioner, Scott Gottlieb and CNBC’s Meg Tirrell report on the spread and severity of the omicron variant. Buzzfeed founder and CEO Jonah Peretti discusses the digital media company’s debut as a public company through a SPAC merger, after an unusually high number of investor redemptions. Peretti also breaks down the company’s planned path to profitability and its valuation. Bitcoin is trading under $49,000 after a terrible weekend for the world’s biggest cryptocurrency. Bitcoin tumbled more than 17% from Friday night into Saturday, hitting a low near $43,000, before stabilizing yesterday. Plus, Joe’s favorite fast food – by coast - and Andrew’s meditation techniques.In this episode:Scott Gottlieb, @ScottGottliebMDJonah Peretti, @perettiMeg Tirrell, @megtirrellLeslie Picker, @LesliePickerJoe Kernen, @JoeSquawkBecky 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.

As the international business community responds to China’s treatment of Peng Shuai, CNBC’s Eunice Yoon gives more details from Beijing and Yale School of Management’s Jeffrey Sonnenfeld discusses how leaders could and should be supporting the tennis Olympian. As cases of the omicron variant pop up in New York, Minnesota, and Colorado, questions arise about effective vaccination manufacturing and overall preparedness for yet another Covid wave. Plus, Ylan Mui reports on the debt ceiling drama in DC and a new plan from lawmakers as the Treasury rapidly approaches its last day of cash. In this episode:Jeffrey Sonnenfeld, @JeffSonnenfeldEunice Yoon, @onlyyoontvYlan Mui, @ylanmuiJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew 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 omicron variant lands in the United States with its first known case appearing in California. The White House is out with new guidance on how to deal with the new variant by tightening travel restrictions, extending mask mandates, and rapid tests that may be costing consumers. Joe Kernen, Becky Quick, and Andrew Ross Sorkin discuss how this news might be influencing investors and the Fed. And the largest Southeast Asian company to list in the U.S. has gone public on the Nasdaq. SoftBank-backed “super app” Grab debuted in the largest SPAC merger of all time. Grab CEO & Founder Anthony Tan discusses the size of the company’s market. Plus, the Women’s Tennis Association announced they will boycott tournaments in China to protect the safety of their players, a move in support of Peng Shuai.In this episode:Anthony Tan, @AnthonyPY_TanJoe Kernen, @JoeSquawkBecky 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.

The markets are reacting to comments from Fed Chair Jerome Powell, who announced a plan to taper its asset purchases faster. He--and the rest of the economist community--is ready to retire the word “transitory,” but his comments have not retired questions and concerns from investors. CNBC’s Steve Liesman explains Powell’s comments. CEO of Lazard’s Financial Advisory business Peter Orszag discusses Fed leadership and Lazard’s efforts to quantify climate issues in the equities market. The FDA has narrowly endorsed Merck’s oral Covid treatment pill; former FDA Commissioner Dr. Scott Gottlieb discusses therapeutics, vaccine efficacy against the omicron variant, and Covid-19’s evolution. Plus, how much do you love Tesla? Enough for a tattoo? In this episode:Dr. Scott Gottlieb, @ScottGottliebMDPeter Orszag, @porszagSteve Liesman, @SteveLiesmanJoe Kernen, @JoeSquawkBecky 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.

Bridgewater Associates’ Ray Dalio holds firm in his belief that cash is not king, despite the market volatility triggered by the Covid omicron variant. Dalio discusses competing with China, the global economy, and his new book, “The Changing World Order.” Comments about omicron from Moderna CEO Stephane Bancel have spooked investors, and Jack Dorsey’s decision to step down from his role as Twitter CEO took the markets by surprise. Plus, for Giving Tuesday: a conversation about the potential for NFTs to innnovate philanthropy with venture capitalist, crypto optimist, blockchain backer and kite surfer Bill Tai. Founder of Metagood and one of the first to make an NFT for charity, Tai discusses paths forward for the metaverse and tech’s opportunity to impact positive change. In this episode:Ray Dalio, @RayDalioBill Tai, @KiteVCJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew 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.

Pfizer CEO Albert Bourla says he’s “very, very confident” that the company’s Covid-19 treatment pill will be effective against the omicron variant of Covid-19, and that Pfizer will be able to manufacture a vaccine for this variant within 100 days, to be used if necessary. Pfizer submitted its application earlier this month to the Food and Drug Administration to authorize the pill, Paxlovid, for emergency use. Bourla spoke with CNBC’s Meg Tirrell and the ‘Squawk Box’ team to discuss managing the new variant. Plus, oil prices jumped today as traders bet that Friday’s sharp sell-off was overdone. CNBC’s Brian Sullivan reports on how the omicron Covid variant concerns are impacting energy markets.In this episode:Albert Bourla, @AlbertBourlaBrian Sullivan, @SullyCNBCJoe Kernen, @JoeSquawkBecky 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.

The World Health Organization will meet today to discuss a new heavily-mutated variant of Covid-19. The variant has been detected in small numbers in South Africa, with reports of cases in Israel and Hong Kong. CNBC’s Meg Tirrell reports on how Covid-19 drugmakers like Moderna and Pfizer are responding to the variant. Dr. Kavita Patel, former White House health policy director and fellow at the Brookings Institution, also reacts to the new variant but says we shouldn’t “get ahead of ourselves” just yet. NBC’s Raf Sanchez reports from Tel Aviv that Israel has barred travel to several southern African nations over the new variant, as well as Singapore and several other nations. The U.K. immediately moved to ban flights from South Africa, Lesotho, Botswana, Namibia, Eswatini and Zimbabwe. Plus, Priceline CEO Brett Keller discusses holiday travel demand, and how the coronavirus variant could impact bookings. In this episode:Kavita Patel, @kavitapmdMeg Tirrell, @megtirrellBrett Keller, @pricelineRaf Sanchez, @rafsanchezBecky Quick, @BeckyQuickAndrew 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.

Billionaire investor Ken Langone and Larry Bossidy, former Honeywell CEO, speak about the RADical Hope Foundation, their effort to reach young people struggling with mental health. The two united after Bossidy’s grandson Chris Martin, a Gonzaga University student, died by suicide aged 20. Bossidy first discussed the tragedy in a moving 2018 Squawk Box appearance, that caught guest William Shatner by surprise. RADical Hope’s new program -- RADical Health, being pioneered at NYU -- encourages students, parents and college communities to talk openly about mental health and teaches freshmen the skills to “stay well and resilient.” Plus, only on Squawk Pod, Joe Kernen reflects on what talking about mental health means for a proud college dad. To find out more, visit https://radicalhopefoundation.org/If you or someone you know needs immediate help, please call the National Suicide Prevention Lifeline at 800.273.TALK (8255) or contact the Crisis Text Line by texting HOME to 741741.In this episode:Ken LangoneLarry Bossidy, @RADICALHOPE_FdnJoe Kernen, @JoeSquawkBecky 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.

ARK Invest founder and CEO Cathie Wood explains why she thinks ARK’s funds should be more valuable over the next five years despite a recent dip in tech shares. Wood’s flagship fund, ARK Innovation ETF, is down nearly 15% in 2021 while the S&P 500 is up 25%. Retailers Nordstrom and Gap both saw their quarterly results fall short and their shares prices hit by supply-chain disruptions even as more customers returned to their physical stores. Several hundred Google employees have signed and circulated a manifesto opposing the company’s Covid vaccine mandate, posing the latest challenge for leadership as it approaches key deadlines for returning workers to offices in person. Elon Musk’s SpaceX is set to launch a first-of-its-kind planetary defense mission for NASA in the early hours of Wednesday morning, sending the spacecraft on its way to intentionally crash into an asteroid. Plus, need help preparing the perfect turkey this Thanksgiving? Butterball’s Bill Nolan breaks down the latest tips and tricks for turkey success.In this episode:Cathie Wood, @CathieDWoodBill Nolan, @butterballBecky 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.

Palantir CEO Alex Karp reflects on the software firm’s first year as a publicly traded company and breaks down its growth trajectory. Karp discusses the company’s controversial position in American politics, his decision to relocate from Silicon Valley, the recently passed infrastructure bill, and U.S. climate policies. Karp weighs in on Palantir’s anti-terrorism efforts and the patriotism of other American tech CEOs; he thinks companies that work with adversarial governments, rather than the U.S., should disclose their reasoning. Plus, Elon Musk is feuding with Jamie Dimon, President Biden has renominated Jay Powell for a second term as Fed Chair, and CNBC’s Scott Cohn is at the Theranos trial, where Elizabeth Holmes takes the stand. In this episode:Alex Karp, @PalantirTechScott Cohn, @ScottCohnTVJoe Kernen, @JoeSquawkBecky 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.

President Joe Biden is nominating Jerome Powell for a second term as chairman of the Federal Reserve, which means Americans can expect the U.S. central bank to maintain its patient stance on inflation and interest rates. Biden praised Powell and the Fed for “decisive” action that cushioned the impact of the Covid pandemic. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses why it’s important for Americans to get a booster shot against Covid-19 ahead of the holidays. Sara Nelson, international president of the Association of Flight Attendants, also discusses whether airlines are ready for the expected surge in holiday travel. Protests against fresh Covid-19 restrictions have rocked Europe over the weekend, with demonstrations breaking out in places such as Brussels, Vienna, Rome and Amsterdam. Plus, the future of Activision and a monster beverage deal. In this episode:Dr. Scott Gottlieb, @ScottGottliebMDSara Nelson, @FlyingWithSaraJoe Kernen, @JoeSquawkBecky 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.

The House of Representatives has passed the largest expansion of the social safety net in decades, a $1.75 trillion bill that funds universal pre-K, Medicare expansion, renewable energy credits, affordable housing, a year of expanded Child Tax Credits and major Obamacare subsidies. Now President Biden’s Build Back Better Act heads to the Senate. CNBC’s Ylan Mui reports on the Congressional Budget Office estimate that the legislation would add $367 billion to budget deficits over a decade. Veteran CEO Richard Parsons, senior advisor at Providence Equity Partners and former CEO of Time Warner, tells Joe Kernen, Becky Quick and Andrew Ross Sorkin that the President hasn’t been showing enough “leadership moxie.” Scott Cohn reports on the end of the 11-week trial against Theranos founder Elizabeth Holmes. Plus, Sweetgreen has a sweet debut and the kids - they love TikTok.In this episode:Ylan Mui, @ylanmuiScott Cohn, @ScottCohnTVAndrew Ross Sorkin, @andrewrsorkinJoe 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.

Salad chain Sweetgreen made its trading debut today on the New York Stock Exchange. The D.C.-based company, which was founded in 2007, is trying to tap into what it describes as a grossly underserved market for fast-food that is also fresh, seasonal, and healthy. Sweetgreen co-founders Jonathan Neman, Nicolas Jammet and Nathaniel Ru explain their vision for a “McDonald’s of this generation.” Deere & Co. workers approved a new contract late yesterday, delivering 10% raises immediately and ending a month-long strike for more than 10,000 employees. Shares of Nvidia are soaring after reporting a 60% year-over-year increase in adjusted quarterly earnings per share and a 50% year-over-year rise in revenue. Both measures exceeded expectations. More than 2 million children have already received their first dose of Pfizer’s Covid vaccine, just two weeks after the CDC authorized distribution of the shots for kids ages 5 to 11. Plus, Oprah, Reese Witherspoon...and Joe Kernen love their Spanx!In this episode:Jonathan Neman, @sweetgreenNicolas Jammet, @nicolasjammetNathaniel Ru, @nathanielruAndrew Ross Sorkin, @andrewrsorkinJoe 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.

Retail earnings continued today with Target reporting better-than-expected Q3 results. Like Walmart however, Target investors are worried about margins as the company absorbs higher costs of supply chain disruptions and labor shortages, rather than passing them on to consumers. Target CEO Brian Cornell addresses those concerns and details how the company has navigated global supply chain bottlenecks ahead of the holiday shopping season. Investing legend Mario Gabelli, chairman and CEO of GAMCO Investors, discusses markets, mergers, and NFTs for Christmas. Activision Blizzard shares are falling after a report from The Wall Street Journal alleged that CEO Bobby Kotick knew about sexual misconduct accusations at his company before he’d previously let on. Plus, the FDA plans to authorize Pfizer’s Covid-19 booster shot for all adults as soon as Thursday; CNBC’s Meg Tirrell reports on the latest pandemic headlines. In this episode:Brian Cornell, @TargetMario Gabelli, @MarioGabelliMeg Tirrell, @megtirrellAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky 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.

Billionaire investor and founder of The Carlyle Group David Rubenstein discusses the risks and longevity of inflation. Having worked in the Carter Administration, Rubenstein considers whether today’s economic environment might match that of the 1970s. In his extended interview, he discusses the markets, the supply chain, President Biden’s economic agenda, the Fed, and crypto. CNBC’s Kayla Tausche recaps the virtual meeting between President Xi and President Biden, highlighting the key topics of concern: Taiwan, trade, and Covid-19. Plus, crypto is falling, and meat and dairy prices are rising. In this episode:Kayla Tausche, @kaylatauscheDavid Rubenstein, @DM_RubensteinJoe 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.

President Biden signs the $1T bipartisan infrastructure plan today, but the Build Back Better plan has yet to pass the House. Covid-19 cases are ticking up in some areas where vaccination rates and immunity is low, but after the holidays, Former FDA Commissioner Dr. Scott Gottlieb expects cases to decline again. He considers a future in which Covid is regarded much like the flu, with effective vaccines and oral therapeutics. Shoppers, look out: inflation could hike up your holiday bills. CNBC’s Courtney Reagan shares retailer strategies and expectations heading into this holiday shopping season. Plus, Becky and Joe swap Thanksgiving stories and head down a musical memory lane. In this episode: Dr. Scott Gottlieb, @ScottGottliebMDCourtney Reagan, @CourtReaganJoe 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.

Big changes in big business. Johnson & Johnson is planning to split into two public companies. CEO Alex Gorsky tells Squawk Box’s Becky Quick why the decision to break off the brand-name-heavy consumer business from its prescription drug and medical device division will be “in the best long-term interest” of the company’s stakeholders. As companies continue to evolve, workplaces and traditional roles continue to change as well. CNBC’s @Work Summit examines the evolution of work since the pandemic began and ways innovative companies are finding and keeping the best workers, investing and developing creative solutions. Bridgewater Associates Founder Ray Dalio and former Netflix Chief Talent Officer Patty McCord spoke with Becky at CNBC’s At Work Summit to discuss how workplaces are changing -- and which buzzwords are dead!In this episode:Alex Gorsky, @JNJNewsRay Dalio, @RayDalioPatty McCord, @PattyMcCord1Becky Quick, @BeckyQuick Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Legendary internet investor John Doerr is making a big bet on green tech. In discussing his new book, “Speed and Scale,” Doerr explains his plan to achieve global net zero emissions by 2050. As a venture capitalist, his eye is on the bottom line, but Doerr shares a vision that stretches far beyond his portfolio returns. Disney has big plans for its own metaverse and Elon Musk has sold $5 billion in Tesla stock. Plus, Andrew is back from his two-day virtual DealBook Conference, and he’s digesting comments from GM’s Mary Barra, Citadel’s Ken Griffin, and others. On this Veterans Day, we thank all current and former military for their service to the United States. In this episode:John Doerr, @johndoerrJoe Kernen, @JoeSquawkBecky 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.

Toast, the app that helped power many restaurants through Covid-19 shutdowns, released its first quarter results as a public company. CEO Chris Comparato explains how his platform supports small businesses, and how his own strong metrics indicate a strong recovery for the rest of the industry. Pfizer has asked the FDA for broader authorization of its Covid-19 booster shot; the Brookings Institution’s Dr. Kavita Patel shares her expectations for third and even fourth booster shots as we fight our way through the pandemic. In Washington, President Biden met with U.S. corporate leaders to strategize fixes to the global supply chain as the holiday season begins. In New York, only about half of office workers are headed back to their cubicles by the end of January. CNBC’s Robert Frank reports that since 1 in 5 NY office workers will be working permanently from home come 2022, companies are planning to cut New York footprints. Plus, Amazon-backed electric vehicle Rivian is set to go public at a whopping implied valuation of $106 billion, and Elon Musk is working out his liquidity problems. In this episode:Robert Frank, @robtfrankDr. Kavita Patel, @kavitapmdChris Comparato, @ChrisComparatoJoe 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.

Hertz is listing on the Nasdaq--again. Back from bankruptcy, Hertz is led by former Ford CEO Mark Fields; he and board members Tom Wagner and Greg O’Hara discuss the road ahead for the rental car business and it’s potential deal with Tesla. Crypto ATMs, which swap cash for cryptocurrencies like bitcoin, are popping up all over the country. So why are they on law enforcement’s radar? Eamon Javers reports on CNBC’s investigation. Plus, General Electric is splitting into three companies, and the Fed is taking on meme stock mania. In this episode:Mark Fields, @HertzEamon Javers, @EamonJaversJoe 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.

The U.S. borders are once again open to international travelers, but a travel rebound puts even more pressure on airlines who are already short staffed. American Airlines is offering its employees 150% more than their usual pay to work on peak days this season. Marriott CEO Tony Capuano says the world is itching to get back to travel; many of his hotels are full as antiviral Covid-19 therapeutic pills become a reality and vaccinations become more widespread. And Uber CEO Dara Khosrowshahi says his business is also reaping the benefits of more travelers, with airport rides surging and more and more passengers back on the road. Plus, Elon Musk polled millions on Twitter, and the House has finally passed a $1T infrastructure bill--although the social safety net bill is back on hold. In this episode:Dara Khosrowshahi, @dkhosTony Capuano, @MarriottJoe 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.

Pfizer’s antiviral pill is 89% effective in cutting rates of hospitalization and death in Covid-19 patients. The news is huge for Pfizer and even bigger for the pandemic’s trajectory in this country. CNBC’s Meg Tirrell unveils the news, and Pfizer board member and former FDA Commissioner Dr. Scott Gottlieb says it means we are nearing “the end of the pandemic phase of this virus.” Plus, ‘The Sopranos’ actor Steven Schirripa--the man behind Bobby ‘Bacala’ Baccalieri--shares show secrets and behind the scenes history, and he extends the Sopranos family name to the Squawk team. Peloton shares are on the descent, and U.S. workers are headed out of their office doors.In this episode:Sharon Epperson, @Sharon_EppersonMeg Tirrell, @megtirrellDr. Scott Gottlieb, @ScottGottliebMDSteven Schirripa, @StevenSchirripaJoe 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.

Etsy CEO Josh Silverman discusses the holiday supply chain, competition with Amazon, and strategic ad spend for small businesses on his platform. Domino’s CEO Ritch Allison discusses the post-pandemic appetite for pizza, and whether drones are ready to replace your delivery guy. The Fed is ready to start winding down its emergency economic measures, paid parental leave is back in the Democrats’ social spending package, and former world chess champion Garry Kasparov says Facebook’s decision to abandon its facial recognition AI was a mistake. In this episode:Josh Silverman, @etsyRitch Allison, @dominosYlan Mui, @ylanmuiJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s election day-after. Republican Glenn Youngkin has won Virginia’s hotly contested gubernatorial election, defeating Democratic power player and former Gov. Terry McAuliffe. In New Jersey, incumbent Governor Phil Murphy hasn't yet locked down what was expected to be a relatively easy win. Democrat Eric Adams has won New York City's mayoral race; Adams discusses the city’s relationship with the business community, as well as social reform, and state and local taxes. Plus, the CDC has cleared Pfizer’s Covid-19 vaccine for children ages 5 to 11. CNBC’s Meg Tirrell reports on the 28 million kids now eligible for the shot, and Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses the timeline for kids vaccinations, and overcoming parental hesitancy. In this episode:Eric Adams, @ericadamsfornycMeg Tirrell, @megtirrellDr. Scott Gottlieb, @ScottGottliebMDJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin,@andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Lawmakers in Washington continue to debate the spending bill and infrastructure plan. Transportation Secretary Pete Buttigieg discusses gridlock on the Hill, the Build Back Better Plan, and President Biden’s plans for a fairer tax system. Former Google CEO and Executive Chairman Eric Schmidt discusses his projections for an AI-enabled future in his new book, “The Age of AI and our Human Future.” Schmidt weighs in on Facebook’s Meta rebranding and the digital world’s impact on human society. Tesla’s deal with Hertz isn’t quite sealed yet, Elon Musk is recalling over 12,000 vehicles, and Amazon-backed electric vehicle company Rivian is seeking a market valuation of nearly $55 billion in its upcoming IPO. In this episode;Pete Buttigieg, @PeteButtigiegEric Schmidt, @ericschmidtJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Barclays CEO Jes Staley is stepping down, following investigations into his relationship with convicted sex offender Jeffrey Epstein. CNBC’s Geoff Cutmore reports that UK regulators have not found evidence of Staley’s involvement or knowledge of Epstein’s crimes. CNBC’s Meg Tirrell reports that Covid-19 vaccines for kids in the U.S. are coming soon, to a pharmacy or pediatrician’s office near you, and Dr. Kavita Patel, former White House policy director and fellow at the Brookings Institution, says that vaccinations are likely to occur by Thanksgiving. World leaders kick off the 2021 United Nations Climate Change Conference in Glasgow; Diana Olick reports on the COP26 agenda. Tom Friedman, New York Times foreign affairs columnist, discusses how the global energy crisis could impact climate goals, and considers how world leaders weigh environmental impact and economic stability. Plus, American Airlines has canceled over 2,000 flights since last week, blaming staffing shortages and weather concerns. In this episode:Tom Friedman, @tomfriedmanDr. Kavita Patel, @kavitapmdDiana Olick, @DianaOlickMeg Tirrell, @megtirrellGeoff Cutmore, @GeoffCutmoreBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Facebook has changed its company name to Meta. The new name reflects the company’s growing ambitions beyond social media and into a more virtual world. Alexis Ohanian, founder of VC firm Seven Seven Six and former executive chairman of Reddit, discusses Facebook’s name change and plans for the metaverse. Alexis also spoke with Eclipse CEO Aylon Steinhart to discuss the plant-based ice cream company’s rapid growth. Treasury Secretary Janet Yellen says the Biden administration’s infrastructure spending proposal will lower inflation by reducing costs vital to households. Yellen also told CNBC that the $1.75 trillion framework for President Joe Biden’s climate and social spending priorities is “fully paid for”. Plus, In this episode:Alexis Ohanian, @alexisohanianAylon Steinhart, @AylonSteinhartBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As Democrats wrestle over how to pay for their social spending package, a proposal to tax the wealthiest Americans has emerged. However, if the plan survives pushback from other party members, it may still face legal obstacles. As Christmas approaches, toy makers are working around the clock to ensure enough supply and timely delivery for the shopping season. Mattel chairman and CEO Ynon Kreiz discusses how his company is navigating supply chain issues, inflation pressures, and making products that reflect all of Mattel’s consumers. Apple's recent privacy crackdown has affected the largest players in online advertising. CNBC’s Jon Fortt breaks down how the new privacy changes have hit tech companies. Plus, Comcast’s third-quarter earnings beat analyst expectations on the top and bottom lines.In this episode:Ynon Kreiz, @MattelJon Fortt, @jonforttBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ron Baron, Baron Capital chairman and CEO, says he’s made $6 billion on his investment in Tesla and plans to remain a shareholder for at least another ten years. One of the EV company’s biggest bulls on Wall Street, Baron discusses his faith in Elon Musk and the electric road ahead. In the extended interview, billionaire Baron also addresses the Democrats’ latest plan to tax billionaires’ unrealized capital gains. CNBC’s Ylan Mui reports on the proposed wealth tax, and whether it could begin to shore up President Biden’s social services and climate change plan. Plus, Robinhood shares are down after the trading app disappointed Wall Street in its quarterly report, and an FDA panel has recommended a lower dose of Pfizer’s vaccine for children ages 5 to 11.In this episode:Ron Baron, @baronfundsYlan Mui, @ylanmuiBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of Facebook are on the rise despite a slew of negative headlines shrouding the social media company. CNBC’s Julia Boorstin reports on the company’s latest quarterly earnings and discusses Mark Zuckerberg’s response to the leaked “Facebook Papers.” Henry Blodget, Insider Inc. co-founder, CEO and editorial director, weighs in on Facebook’s reputation and its potential to overcome the drama. As lawmakers inch closer to finalizing their social spending package, Senate Democrats are eyeing a tax on billionaires to help fund the plan. CNBC’s Robert Frank discusses how billionaires are reacting to the Democrats’ plan to target their unrealized capital gains; economics professor and former Bernie Sanders advisor Stephanie Kelton joins Loren Ponds, tax policy co-lead at Miller and Chevalier, to break down the battle against the billionaires’ billions. Plus, Elon Musk’s net worth is soaring as Tesla hits a trillion dollar market cap, and Cathie Wood weighs in on the inflation debate on Twitter. In this episode:Julia Boorstin, @JBoorstinHenry Blodget, @hblodgetStephanie Kelton, @StephanieKeltonLoren Ponds, @millerchevalierRobert Frank, @robtfrankBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As Facebook combats leaked internal documents and growing concerns from users and lawmakers alike, early investor and LinkedIn co-founder Reid Hoffman retains hope that the platform will deliver on its potential to do more good than harm. In a wide-ranging interview, Hoffman discusses Apple’s privacy changes and technology’s potential to streamline a struggling supply chain. House Speaker Nancy Pelosi says Democrats are close to finalizing an agreement on the social safety net plan that would allow for the bipartisan infrastructure bill to move forward. CNBC’s Ylan Mui reports on the agreement. Also on the Hill, Democrats are taking aim at billionaires and their unrealized capital gains with a new wealth-tax plan. Plus, CNBC’s Eamon Javers reports that Microsoft says it’s identified another wave of cyber attacks by the Russian intelligence service, similar to last year’s devastating SolarWinds hack. In this episode:Reid Hoffman, @reidhoffmanYlan Mui, @ylanmui Eamon Javers, @EamonJaversJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

SPANX has accepted its first outside investor in its 21-year history: Blackstone. Sara Blakely, founder of the billion-dollar shapewear company, shares stories of her start, decades ago, Blackstone’s all-female deal team, and disrupting retail. Blackstone’s Ann Chung discusses striking the deal and betting on shapewear amid a pandemic. Pfizer has revealed that in its clinical trial, its Covid-19 vaccine proved over 90% effective in kids aged 5-11. Plus, the CDC has approved Moderna and Johnson & Johnson Covid-19 booster vaccines for the elderly, immunocompromised, and adults over 18. U.S. Surgeon General Dr. Vivek Murthy discusses both announcements, and what Americans can expect as we head into the colder months. WeWork survived its first day of trading, but Snap had a rough day on the market. In this episode:Dr. Vivek Murthy, @Surgeon_GeneralSara Blakely, @SPANXBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

WeWork is finally making its public market debut as the world of work continues to transform after the coronavirus pandemic. WeWork CEO Sandeep Mathrani and Executive Chairman Marcelo Claure discuss the company’s path to profitability post-Adam Neumann ahead of its debut on the public markets. The WeWork execs also discuss the future of work in a post-Covid world, and how that will impact the company. Tesla reported third-quarter earnings after the bell yesterday that beat on both the top and bottom lines. Jon McNeill, CEO of DVx Ventures and former president of Tesla, breaks down Tesla’s earnings, the company’s growth story and latest innovations. Plus, Bitcoin jumps to a new high after landmark ETF launch.In this episode:Sandeep Mathrani, @WeWorkMarcelo Claure, @marceloclaureJon McNeill, @jonmcneillBrian Sullivan, @SullyCNBCBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of Novavax are down sharply after Politico reported the company is having problems manufacturing its highly anticipated Covid-19 vaccine. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses Covid therapeutics, vaccines, and the U.S. production and manufacturing system. Paul Tudor Jones, founder and CIO at Tudor Investment Corporation and founder of the Robin Hood Foundation, shares his inflation trades and portfolio breakdown. The legendary hedge fund manager also explains which assets investors should stay away from as the Federal Reserve slowly reacts to rising prices. New York City has announced an expansion of its Covid vaccine mandate to all public employees, removing the option to test out. Plus, Facebook may soon be rebranded with a new name.In this episode:Dr. Scott Gottlieb, @ScottGottliebMDPaul Tudor Jones, @ptj_officialBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The SEC’s long-awaited report on GameStop is finally here, a full 44 pages on the trading frenzy, payment-for-order-flow, and stock market “gamification.” Streaming wars are heating up as Wall Street watches subscriber growth numbers for the industry’s biggest players. Interim AMC Networks CEO Matt Blank shares his own company’s strategy for competing with Netflix, HBOMax, and Amazon Prime, and details a plan to bring linear content to streamers. Procter & Gamble topped analyst expectations in its quarterly report, but commodity and freight costs are weighing on the company’s profits. Vice Chairman and incoming CEO Jon Moeller discusses P&G’s business in China, corporate tax rates, and managing kinks in the supply chain. Plus, Covid vaccine mandates have put even more pressure on the labor force; some employers are dismissing those who refuse to get vaccinated, despite a difficult hiring environment. In this episode:Matt Blank, @AMC_TVJon Moeller, @ProcterGambleJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disney’s streaming business could be running out of steam; MoffettNathanson founding partner and media watcher Michael Nathanson weighs in on Wall Street’s Disney debate. Nathanson also dives into the 'Squid Game' mania and what its eyepopping metrics mean for Netflix and the streaming wars. CNBC’s Steve Liesman breaks down the latest GDP forecasts for the back half of 2021. The first bitcoin-linked exchange-traded fund will make its official debut tomorrow. Three other bitcoin futures ETFs are also expecting to move forward with their launches this month. Plus, spooky movies and (scary) dad jokes.In this episode:Michael Nathanson, @MoffettNathansoSteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A key FDA advisory committee unanimously recommended giving booster shots of Moderna’s Covid-19 vaccine to people ages 65 and older and other vulnerable Americans. Dr. Kavita Patel, a fellow at the Brookings Institution and former White House health policy director, breaks down the FDA’s debate over Covid-19 boosters. CNBC’s Scott Cohn provides an update on the trial of Theranos founder Elizabeth Holmes, on week six of what’s slated to be a 13-week trial. According to court testimony this week, the blood-testing start-up hired a dermatologist with no board certification in laboratory science or pathology to become the lab director. Bitcoin has climbed above $60,000 as traders expect U.S. regulators to clear the first bitcoin futures ETF. Plus, Virgin Galactic plans to delay spaceflights to next year as it refurbishes its vehicles.In this episode:Dr. Kavita Patel, @kavitapmdScott Cohn, @ScottCohnTVBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The U.S. is reporting an average of about 362,000 booster vaccine shots administered per day over the past week, 57% higher than the 231,000 average daily first doses. A key FDA advisory panel is meeting today and tomorrow to discuss the efficacy and safety of extra doses of the Moderna and J&J vaccines. Shellye Archambeau, former MetricStream CEO and Verizon, Okta and Nordstrom board member, discusses how Covid-19 has disrupted the workplace. Carlos Gutierrez, Empath co-founder, former commerce secretary and former Kellogg CEO, and Hubert Joly, former Best Buy CEO, advise CEOs to navigate Covid-19 vaccine requirements while keeping workers safe. Plus, CNBC’s Ylan Mui reports millions of women are missing from the U.S. workplace, and schools reopening in September didn’t help.In this episode:Shellye Archambeau, @ShelArchambeauCarlos Gutierrez, @carlosgutierrezHubert Joly, @HubertJoly_Ylan Mui, @ylanmui Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Starwood Capital Chairman and CEO Barry Sternlicht discusses the current real estate market, U.S. labor shortages, and his crypto portfolio. The noted investor and real estate mogul reacts to comments from BlackRock CEO Larry Fink, and explains why he thinks the service economy is in a major labor crisis right now. Corporate vaccine mandates are causing friction in Texas, and after China’s crackdown on the crypto community, the U.S. has become the most popular place for metaverse miners. Plus, William Shatner is officially the oldest person to go to space, and his stardom has inspired a trip down memory--and inspiration--lane with Joe, Becky, and Andrew.In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Over the course of three days, Southwest Airlines has canceled more than 2,000 flights and left thousands of travelers stranded around the country. CNBC’s Phil LeBeau and Casey Murray, president of the Southwest Airlines Pilots Association, discuss what's behind the canceled flights and what travelers can expect during the upcoming holiday travel season. JPMorgan Chase chairman and CEO, Jamie Dimon, says he’s still a bitcoin skeptic and calls the coin “worthless.” Plus, Amazon is switching up its return-to-work plan and Prince Harry and Meghan Markle are getting into finance.In this episode:Casey Murray, @swapapilotsPhil LeBeau, @LebeaucarnewsAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuick Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Merck and partner Ridgeback Biotherapeutics have asked the FDA to approve their Covid-19 antiviral pill molnupiravir for emergency use. It’s only the latest in a stream of biotech innovation this year; Dr. Christiana Bardon, co-managing partner of one of the world’s largest biotech investment firms MPM BioImpact Capital, discusses the sector’s opportunities for portfolios and public health right now. The global energy crisis has sent crude oil to over $80 a barrel, and vice chairman of IHS Markit Dan Yergin says its coming for politicians in Washington, D.C. Plus, Southwest Airlines faces a tough day on Wall Street after mass cancelations over the weekend, and William Shatner is going to space--at the young age of 90. In this episode:Dr. Christiana Bardon, @MPMCapitalDan Yergin, @DanielYerginJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuick Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The U.S. economy created much fewer jobs in September than economists were hoping, a disheartening sign of the country’s pandemic recovery. CNBC’s Steve Liesman, BlackRock’s Kate Moore, and Chicago Booth School’s Austan Goolsbee break down the dismal jobs report and its implications. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses the timeline for getting a Covid-19 vaccine authorized for young children. Tesla CEO Elon Musk is moving the company’s HQ to Texas; CNBC’s Phil LeBeau reports on the key moments from Tesla’s annual shareholder meeting. CNBC’s Ylan Mui discusses the Senate’s short-term bill increasing the nation’s debt limit through Dec. 3, avoiding an economic catastrophe. Plus, pay for your Tinder date's Lyft ride!In this episode:Scott Gottlieb, @ScottGottliebMDYlan Mui, @ylanmui Steve Liesman, @steveliesmanPhil Lebeau, @LebeaucarnewsAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuick Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Global gas prices are soaring, and Americans are now paying the most at the pump in seven years. Jeffrey Currie, Goldman Sachs global head of commodities research, discusses what’s driving the spike in energy prices. Currie says that the structural underinvestment to supply and deliver energy commodities and an increase in demand as economies reopen could be to blame. CNBC’s Julianna Tatelbaum also reports U.K. consumers and businesses are bracing for higher electricity bills this winter amid a surge in natural gas prices. General Stanley McChrystal, former commander of the U.S. and International Security Assistance Forces in Afghanistan, offers a “battle-tested” system for finding and assessing risk, drawing on his book, “Risk: A User’s Guide.” Plus, lawmakers work to avoid a debt ceiling “catastrophe,” pandemic wardrobes are shifting away from sweatpants, and bourbon distillers are facing big bills. In this episode: Jeff Currie, @GoldmanSachsGen. Stanley McChrystal, @StanMcChrystalJulianna Tatelbaum, @CNBCJuliannaJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuick Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Facebook faced negative testimony about user health and safety from a whistleblower yesterday in front of Congress. CNBC’s Julia Boorstin reports Facebook CEO Mark Zuckerberg is defending the company against the accusations from whistleblower Frances Haugen. Sherrilyn Ifill, president and director-counsel of the NAACP Legal Defense and Education Fund, also discusses why lawmakers need to enact regulations against Facebook.Democrats are looking to suspend the debt ceiling by targeting the filibuster ahead of a mid-October deadline. Treasury Secretary Janet Yellen and other economists say a failure to pay even one interest payment could spark a dramatic rise in interest rates across the country, weaken the U.S. dollar and threaten the greenback’s status as the globe’s reserve currency. Delaware Senator, Chris Coons (D), discusses the way forward on reconciliation and President Biden’s agenda. In this episode:Chris Coons, @ChrisCoonsSherrilyn Ifill, @Sifill_LDFJulia Boorstin, @JBoorstinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As the debt ceiling deadline looms, Treasury Secretary Janet Yellen says a failure to suspend or raise it could mean “catastrophic” consequences for the U.S. economy and reputation. If Congress does not find a deal by October 18th, the country will default for the first time. Yellen addresses tax concerns, proposals to avoid default, and the longevity of her successor at the Fed, Jerome Powell. Plus, computing legend Michael Dell discusses his new book, “Play Nice But Win,” and recalls starting Dell 37 years ago from a bathroom, with just $1000. He reveals the real, unglamorous stories behind his success, and what it takes to quietly build an 80 billion dollar brand. In this episode:Janet Yellen, @SecYellenMichael Dell, @MichaelDell Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ozy Media CEO Carlos Watson speaks out, addressing numerous reports of mistruths that have led to his company’s demise. Confronted with misleading claims in his own company’s pitch deck and a review of texting exchanges between himself and Andrew Ross Sorkin, Watson defends the company’s history and discusses his own leadership. He addresses the allegations of inflated viewer metrics, his COO’s impersonation of a YouTube executive on an investor call with Goldman Sachs, and suggestions that his staff was misled about their work’s exposure and impact. In a lively interview, Watson assures Joe, Becky, and Andrew that Ozy Media will continue operations, and takes on the NYT media reporter who broke the story first, Ben Smith.In this episode:Carlos Watson, @carloswatsonJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Merck and Ridgeback Biotherapeutics have developed a therapeutic pill for Covid that reduces the risk of hospitalization or death by around 50% for patients with mild or moderate cases. CNBC’s Meg Tirrell reports that Merck hopes for emergency use authorization after “compelling results” in trials. Dr. Scott Gottlieb, former FDA commissioner, also discusses Merck’s late-stage data and says it’s a ‘profound game changer’. Billionaire investor Marc Lasry has resigned as chairman of Ozy Media, just three weeks to the day after he took the job, and less than a week since the digital news startup’s deceptive marketing methods came to light. Ben Smith, the New York Times media columnist who broke the first story, discusses the Ozy drama. Facebook’s global head of safety spoke to Instagram’s impact on teenagers’ mental health at a Senate subcommittee hearing. Senators compared Facebook to the tobacco industry for going after teens and children with a product they know is harmful to their health.In this episode:Ben Smith, @benytScott Gottlieb, @ScottGottliebMDMeg Tirrell, @megtirrellJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Congress will race to prevent a government shutdown before the debt deadline, today at midnight. CNBC’s Ylan Mui details the various other deadlines on the docket for lawmakers, including a short-term appropriations bill and the infrastructure bill. Former OMB Director in the Trump administration Mick Mulvaney joins former U.S. Senator Heidi Heitkamp (D-ND) to discuss bipartisanship, baseball, and averting a shutdown. AstraZeneca’s Covid-19 vaccine showed 74% efficacy in a U.S. clinical trial, and 83.5% efficacy in people 65 years and older. The company expects to file for U.S. approval later this year. Meanwhile, the CDC has issued a health advisory to increase Covid-19 vaccinations among women who are pregnant, recently pregnant or trying to become pregnant, to prevent serious illness and death. Plus, inflation is hitting Bed Bath & Beyond and Dollar Tree, the Business Roundtable has a new Chair, and booze stocks have a new boon. In this episode:Mick Mulvaney, @MickMulvaneyHeidi Heitkamp, @HeidiHeitkampYlan Mui, @ylanmuiJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Eyewear start-up Warby Parker (WRBY) begins trading today via a direct listing, testing investors’ appetite for a household direct-to-consumer retail name. Warby Parker co-founders and co-CEOs Neil Blumenthal and Dave Gilboa discuss the company’s outlook and a tech driven future. The Latino Donor Collaborative has released its 2021 U.S. Latino GDP report, revealing that growth has averaged 5.6% over the last two years, double the rate of the U.S. economy. Sol Trujillo, co-founder of the Latino Donor Collaborative and of L’Attitude, discusses the findings from the report from the L’Attitude Conference in San Diego. Federal Reserve Chair Jay Powell addressed inflation, the Fed’s stock trading ethics on Capitol Hill, and Senator Elizabeth Warren (D-MA) delivered impassioned remarks on the “danger” of Powell’s renomination. Plus, it’s National Coffee Day! In this episode: Neil Blumenthal, @NeilBlumenthalDave Gilboa, @WarbyParkerSol Trujillo, @LATTITUDEevent, @LDCLatinoJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ford has announced a $11.4 billion deal to build four new battery and EV factories through a joint venture with South Korean battery maker SK Innovation. Ford CEO, Jim Farley, spoke with CNBC’s Phil Lebeau about Ford’s ambitious electric vehicle plan and what it means for American jobs and the U.S. supply chain. Data analytics company Amplitude (AMPL) has listed on the Nasdaq via direct listing, rather than a SPAC or traditional IPO. Amplitude CEO Spenser Skates and renowned venture capitalist Bill Gurley of Benchmark discuss the debut, tech valuations, and the flaws in the IPO process. Senate Republicans blocked a House-passed bill that would prevent a government shutdown and a potential default on U.S. debt. As the deadline to avoid a government shutdown and a debt default approaches, lawmakers are on the clock to pass an appropriations bill and to suspend or increase the debt ceiling. Plus, Fed Presidents are stepping down and #KenGriffinLied is trending on Twitter as more GameStop drama unfolds.In this episode:Jim Farley, @jimfarley98Spenser Skates, @spenserskatesBill Gurley, @bgurleyPhil Lebeau, @LebeaucarnewsJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.