Squawk Pod

World’s richest man leaves Earth. Jeff Bezos’ space company, Blue Origin, launched him into spaceflight history, riding in the inaugural human crew of the New Shepard rocket. Adam Jones, Morgan Stanley Head of Global Autos and Share Mobility discusses the investment implications of the Blue Origin launch and the road ahead for space tourism. New Covid-19 cases are up in the U.S., as the highly-contagious Delta variant spreads among unvaccinated Americans. Former Obama administration official Dr. Kavita Patel warns that this resurgence of infection could impact economic and workplace re-opening. Plus, Comcast and ViacomCBS are exploring ways to work together and it could mean more SpongeBob SquarePants for all. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

20 Heinä 202133min

Billionaire investor Bill Ackman’s blank-check company Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi’s flagship Universal Music Group, following regulator concerns. Ackman discusses why he decided to pull his SPAC deal -- but is still investing in Universal Music -- the markets and his thoughts on Covid. He says the spread of the Delta variant doesn’t pose a significant threat to the economic reopening, and he sees interest rates rising on the back of the big comeback. Plus, CNBC’s Brian Sullivan reports on the new OPEC agreement to increase production by 400,000 barrels each month beginning in August. The output hike will continue through September 2022, at which point the entirety of the nearly 6 million barrels per day the group is still withholding will be back on the market. Plus, Happy Birthday to a few folks in the Squawk Box family. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

19 Heinä 202139min

As Jeff Bezos prepares for his upcoming spaceflight, the Franklin Institute’s chief astronomer Derrick Pitts discusses details of the unpiloted Blue Origin craft and the differences between this billionaire’s trip to space and Sir Richard Branson’s. A Covid outbreak in California has prompted L.A. County to reinstate its mask mandate. Former FDA Commissioner Dr. Scott Gottlieb identifies who’s at risk of contracting the Delta variant, and who’s spreading it. Plus, Cleveland Clinic and Mt. Sinai won’t administer Aduhelm, a controversial but recently FDA-approved Alzheimer’s drug, and, in the wake of the Federal Reserve’s “extraordinary measures,” economists and investors weigh the risks of inflation and the likelihood that it will persist. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Heinä 202133min

Activist short seller Spruce Point Capital Management is accusing Oatly of shady accounting and greenwashing, claiming the stock is up to 70% overvalued. Spruce Point Founder and CIO Ben Axler explains his short position on the oat milk brand and defends the allegations. Netflix is making moves to enter the gaming space, but not without some watch list and content suggestions from Joe Kernen. Plus, the National Urban League is out with its annual “State of Black America” report. President and CEO Marc Morial and report co-author and Johns Hopkins professor Dr. Lisa Cooper discuss the intersection of racial equity, opportunity, and public health after 16 months of the Covid-19 pandemic. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Heinä 202129min

Founder, chairman, and CEO of the world’s largest asset manager, Larry Fink discusses inflation and the Delta variant as they impact the global economic recovery in an extended interview. With $9.5 trillion in assets under management, Fink’s BlackRock has participated in the Federal Reserve’s efforts to buoy the American economy--during the Covid-19 pandemic and during the financial crisis of 2008. New to the helm of Marriott, Tony Capuano offers a look at rising consumer interest in vacation and travel. Though the hospitality giant has largely recovered from a turbulent year, CEO Capuano says there’s one crowd he’s still waiting to accommodate: business travelers. Plus, bitcoin’s wild ride continues, Alaska cashed in on the meme trade, and the Senate Democrats have reached a $3.5 trillion deal--but CNBC’s Ylan Mui points out that there’s much more negotiating and spending still 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.

14 Heinä 202141min

Pfizer executives shared data about vaccines and Covid-19 boosters with government agencies this week. After attending the meeting, NIAID Director Dr. Anthony Fauci shares his expected timeline for boosters, confidence in vaccines, and global health outlook. CNBC Special Correspondent Scott Cohn unveils the network’s annual ranking: America’s Top States for Business. All 50 states are measured against each other with an extensive set of metrics, but only one claims the #1 spot. Plus, Chipotle, Verizon, and others have teamed up with PayPal and JUST Capital in an effort to support their workers’ financial wellness. Chipotle CEO Brian Niccol discusses the pandemic’s effects on worker wellbeing--both mentally and financially--and explains that a 20% wage increase is just what they ordered. PayPal CEO Dan Schulman underlines the importance of a supported, passionate workforce, and encourages other corporations to follow suit. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Heinä 202135min

Virgin Galactic successfully brought founder Sir Richard Branson and three other crew members in a suborbital space flight, its fourth spaceflight to date. Joe, Becky, Andrew, and discuss the trip’s implications for the space race and for aviation with CNBC’s Morgan Brennan, who was on the ground in New Mexico for the launch. Former Astronaut and NASA Administrator Bill Nelson shares his perspective on the billionaires’ space race and considers innovation, exploration, and competition on the global stage. Back on Earth, spread of the Covid-19 Delta variant is picking up pace as Pfizer and U.S. officials meet to discuss booster shots for vaccines already in distribution. Former White House Health Policy Director under President Obama Dr. Kavita Patel discusses booster timelines and Delta variant risks. Plus, Disney hit the weekend box office, and tax plans have hit the global negotiating table. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

12 Heinä 202141min

In the final episode in Squawk Pod’s Berkshire Hathaway series, Warren Buffett and Charlie Munger share their combined 187 years of wisdom, both in life and in finance. The two consider history’s patterns, from fiscal stimulus to global pandemic, and offer perspective on today’s economic and social problems. Buffett and Munger discuss wealth’s impact on character, both for individuals getting rich, and America, growing ever more prosperous. Reflecting on their years together, Buffett, Munger, and Becky Quick discuss what it takes to make magic, and what living a successful life really means. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

9 Heinä 202136min