JNJ’s Business Health  & Remote Office Politics 7/19/22
Squawk Pod19 Heinä 2022

JNJ’s Business Health & Remote Office Politics 7/19/22

Johnson & Johnson beat analysts’ estimates on the strength of its pharmaceuticals unit despite the company cutting its profit forecast due to a stronger dollar. CFO Joseph Wolk blamed the forecast cut on currency fluctuations, pointing to the parity between the euro and the dollar. As the job market starts to cool down and companies begin to look for ways to save with a possible recession on the horizon, there is a renewed return-to-office debate. CNBC’s Hugh Son reports on slowed hiring at Goldman Sachs, and Harvard Business School professor Tsedal Neeley whether business leaders need to keep hybrid work to retain top talent, and if remote workers are at higher risk of being cut.

In this episode:

Hugh Son @Hugh_Son

Tsedal Neely @tsedal

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie 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.

Jaksot(1845)

Media Mogul Barry Diller; Dr. Scott Gottlieb on Second Waves & the CDC

Media Mogul Barry Diller; Dr. Scott Gottlieb on Second Waves & the CDC

IAC and Expedia Chairman Barry Diller weighs in on the TikTok drama, the travel industry, and the upcoming election. He discusses economic headwinds for a Joe Biden presidency, but concludes that for business, there may not be much of a difference between candidates. Plus, former FDA Commissioner Dr. Scott Gottlieb discusses the credibility of the CDC and the possibility of a second Covid wave in the U.K. and in the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

22 Syys 202036min

Ruth Bader Ginsburg’s Legacy; TikTok’s Next Dance

Ruth Bader Ginsburg’s Legacy; TikTok’s Next Dance

Ruth Bader Ginsburg, the second woman to serve on the Supreme Court and a pioneering advocate for women’s rights, has passed away at the age of 87. Chris Krueger, Cowen Washington Research Group managing director, discusses the Supreme Court vacancy and the fate of the Affordable Care Act. President Trump has approved Oracle and Walmart’s deal to acquire minority stakes in a newly formed company: TikTok Global. Details of the deal between the U.S. government, Oracle, Walmart, and TikTok’s parent company ByteDance are still unclear; Lightshed’s Rich Greenfield discusses the many implications for shareholders and the tech industry at large. Plus, confidential U.S. documents reveal that several major world banks moved large sums from allegedly illicit funds over a period of nearly 20 years.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Syys 202033min

Tick, Tock, TikTok

Tick, Tock, TikTok

TikTok and WeChat downloads in the U.S. might be banned by Sunday. Oracle, Bytedance and Walmart are on the clock to find a deal for the TikTok’s U.S. business that President Trump will approve. CNBC’s Eamon Javers and Deirdre Bosa explain the TikTok soap opera, and Insider’s Henry Blodget discusses the app battle’s implications for President Trump’s relationship with China. Former FDA head Dr. Scott Gottlieb underlines the key for a safe, effective vaccine. Plus, Friday sports bets, and brainstorming Squawk Box’s first viral dance video.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

18 Syys 202030min

Wall Street Blizzard; Moderna’s Vaccine Trial; Crony Capitalism

Wall Street Blizzard; Moderna’s Vaccine Trial; Crony Capitalism

Snowflake debuted on the Nasdaq in the biggest software IPO in history. Berkshire Hathaway, Salesforce, and a few lucky early investors have made billions on the listing. Loup Ventures’ Doug Clinton explains the hype and the hope surrounding this still unprofitable cloud company. Peter Wagner, a venture capitalist who got in on the ground floor, explains why a bet on Snowflake is a bet on data. Moderna CEO Stephane Bancel shares the drugmakers approach to safety and protocol in the race for a Covid vaccine. Plus, a healthy debate about crony capitalism, and a craving for Krispy Kreme. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

17 Syys 202036min

Insta-Freeze; Shepard Smith & Bob Woodward: “Rage”

Insta-Freeze; Shepard Smith & Bob Woodward: “Rage”

Celebrities are pausing their social media content to protest misinformation on Instagram and Facebook. Jonathan Greenblatt, head of the Anti-Defamation League, discusses this latest effort in the “Stop Hate for Profit” Campaign, as well as what Facebook can and should be doing to curb the spread of harmful content. CNBC’s newest host, Shepard Smith, shares his conversation with fellow journalist Bob Woodward as the two discuss Woodward’s new book, “Rage.” Woodward reveals details about President Trump’s response to the pandemic and the markets, and he offers his own historical perspective on both. Plus, Apple has unveiled new products and offerings for its users, and the House has released its report on the Boeing 737 Max. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Syys 202034min

Another “Plus” for Streaming, & Chamath Palihapitiya: Democratizing the Stock Market

Another “Plus” for Streaming, & Chamath Palihapitiya: Democratizing the Stock Market

ViacomCBS is rebranding its streaming platform as Paramount+, another “plus” for the streaming wars. CEO Bob Bakish reveals what viewers--and shareholders--can expect. Investor, NBA owner, and Virgin Galactic Chairman Chamath Palihapitiya has yet another SPAC announcement. He’s betting on special purpose acquisition companies to rebalance the supply/demand issues in the stock market and to democratize investing opportunities. TikTok’s final rose goes to Oracle, though the pair still has a few political and technical obstacles to hurdle. Citi’s new leader Jane Fraser may be on a glass cliff, and Cinnabon is coming to a grocery near you.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Syys 202034min

Economic Recovery from Two Sides: Pete Buttigieg & Treasury Secretary Steven Mnuchin

Economic Recovery from Two Sides: Pete Buttigieg & Treasury Secretary Steven Mnuchin

Presidential candidate turned Joe Biden surrogate Pete Buttigieg says a fairer tax code is the key to continuing America’s track record of success. He says the systems that keep America great need more financial support. Treasury Secretary Steven Mnuchin discusses how vaccines, testing, and additional fiscal stimulus will help the U.S. economy rebound. Plus TikTok has found an unexpected suitor in Oracle, but their path ahead still remains unclear.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

14 Syys 202043min

19 Years After September 11; Peloton CEO; Instagram Head

19 Years After September 11; Peloton CEO; Instagram Head

At-home workout company Peloton has seen sales for its exercise equipment rise 200% in the pandemic. CEO John Foley discusses financial and fitness performance. Another stay-at-home winner Instagram has taken on TikTok in its newly launched “Reels” feature. The social media’s chief executive Adam Mosseri shares the app’s strategy for success under parent company Facebook, as well as its responsibilities amid a polarizing election. 19 years ago, the United States changed forever. Today we honor those lost on September 11, 2001, and all those who are still impacted by the tragedy.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

11 Syys 202037min

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