Squawk Pod

In an extended interview, legendary short-seller Jim Chanos discusses AMC’s meme stock journey, movie theaters, apes, Reddit, and all. Short interest in AMC is rising in the wake of AMC’s quarterly financial report, but Wall Street is warning retail investors that the “Mother of All Short Squeezes” that they’re waiting for, may not be as fun a play as they’re expecting. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

11 Elo 202133min

While President Biden and leaders across corporate America have been encouraging, incentivizing, and even requiring that employees get vaccinated, Senator Ted Cruz (R-TX) has vocally opposed mask mandates, vaccine mandates, and Covid-19 passports. In a lively interview with Andrew Ross Sorkin and Becky Quick, Senator Cruz defends his stance on masks in schools and weighs in on employer rights to require behaviors from their workers. Plus, CNBC’s Senior Economics Reporter Steve Liesman shares data from CNBC’s All-America Economic Survey, which reveals American openness to vaccination and vaccination requirements. In a conversation exclusive to Squawk Pod, Liesman explains where most Americans find mandates reasonable, and where they don’t. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

10 Elo 202123min

U.S. Secretary of Labor Marty Walsh and U.S. Secretary of Commerce Gina Raimondo are teaming up to expand and prepare America’s workforce. The bipartisan infrastructure bill working through Congress aims to invest $100 billion in job creation, supporting small businesses as they recover from and power through the pandemic. In an extended interview with Andrew Ross Sorkin, the two secretaries discuss the infrastructure bill, diversifying the private sector’s talent pipeline, and the future of the American workforce. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

9 Elo 202123min

The economy added 943,000 jobs in July, the best pace in nearly a year and nearly 100,000 more than economists expected. Kate Moore, head of thematic strategy for BlackRock’s global allocation team, Austan Goolsbee, former Council of Economic Advisers chairman, break down the numbers. CNN has terminated three of its employees for lying about their Covid-19 vaccination statuses and coming to the office, according to a memo sent to staff internally. Tom Gimbel, founder and CEO of staffing firm LaSalle Network, and Kate Kelly, reporter at The New York Times, discuss return to work policies and corporate America’s role in leading the next wave of vaccinations. United Airlines will require its 67,000 U.S. employees to get vaccinated against Covid by no later than Oct. 25th; those unwilling to comply will risk termination. CNBC’s Phil LeBeau says this move will likely ramp up pressure on other major U.S. carriers to follow suit. CNBC’s Kate Rogers reports on the teacher shortage ahead of a new school year. Plus, Virgin Galactic announced it will sell seats for space tourism flights, starting at $450,000. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

6 Elo 202133min

Uber CEO Dara Khosrowshahi is prioritizing his customers’ experiences, investing in driver acquisition to alleviate price surging and wait times as ride hailing gets back on track. Khosrowshahi also defends his decision not to mandate vaccines for all riders and drivers. The meme stock mania continues with the company that started it all: Robinhood. Now a meme stock itself, Robinhood has announced a stock sale as the retail “apes” push its price higher. In an effort to combat climate change, the White House announced a target for the country’s cars: by 2030, half of all American vehicle sales will be electric. U.S. Transportation Secretary Pete Buttigieg explains the collaboration between the Biden administration and automakers, including voluntary corporate commitments and corresponding federal funding expectations. Plus, an Elon Musk biography is underway, and earnings season is sending issuer stock prices on the market’s roller coaster. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

5 Elo 202130min

SEC Chair Gary Gensler shares his plan for taming the “Wild West” that is the cryptocurrency ecosystem. After years of leadership in finance regulation and teaching blockchain technology at MIT, Gensler praises innovation, but calls for “guard rails.” China is aiming to curb new Covid cases, and New York City has a new access pass for its social scene: proof of vaccination. Plus, CNBC’s Eamon Javers reports that the CDC is stepping in to extend the eviction moratorium. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Elo 202129min

After 17 months and three vaccines, Covid cases continue to tick up, even in the U.S. Senate. Operation Hope Chairman and CEO John Hope Bryant offers a progress report of his nonprofit’s efforts to alleviate financial strain on American workers amid the pandemic; he’s partnered with various U.S. corporations to provide financial coaching to employees. Delta CEO Ed Bastian attests to the impact this initiative has had for his own employees. Bastian also discusses maintaining Delta workers’ physical wellbeing with vaccination policies for passengers. Plus, China is cracking down on video games, and Pepsico is shelving its juices. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Elo 202128min

Jack Dorsey’s Square is acquiring Australian buy-now-pay-later company Afterpay in a $29 billion deal that deepens its foothold in digital payments. Former FDA Commissioner Dr. Scott Gottlieb discusses potential booster vaccines to curb continuing illness, and he considers the CDC’s data delivery and transparency. Plus, Disney's latest box office debut is straight out of the jungle, and an infrastructure package could mean a smoother ride for road trippers in the years to come. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

2 Elo 202128min