JNJ’s Business Health  & Remote Office Politics 7/19/22
Squawk Pod19 Jul 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.

Episoder(1848)

Eli Lilly CEO on Antibody Trial’s Finish; CEOs Get Out the Vote

Eli Lilly CEO on Antibody Trial’s Finish; CEOs Get Out the Vote

The National Institutes of Health has halted one of Eli Lilly’s coronavirus antibody trials, having found that the combination of Lilly’s antibody drug and Gilead’s remdesivir does not result in a marked improvement in hospitalized Covid-19 patients. Eli Lilly CEO David Ricks discusses what’s next for the antibody that’s proven successful in treating milder Covid cases, and he addresses the company’s third quarter financials. CNBC’s All America Survey reveals that while Joe Biden is leading President Trump in the election polls, both candidates must now rely on niche populations for victory. Senior Economics Reporter Steve Liesman unpacks the survey findings and shares which voting groups are crucial to which contender. Boston Consulting Group CEO Rich Lesser shares what c-suites are doing to encourage employee voting, and discusses how American CEOs may think about democracy going forward. Plus, the tech industry has thrown $200 million behind a campaign for California voters to support Proposition 22, the legislation that could preserve independent contractor status for gig economy workers.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

27 Okt 202029min

Covid Calculations with Dr. Scott Gottlieb; Big Tech’s Big Week

Covid Calculations with Dr. Scott Gottlieb; Big Tech’s Big Week

Coronavirus cases are on the rise in Europe and in the United States, and former FDA Commissioner Dr. Scott Gottlieb says things stateside are likely to get worse before they get better. Big tech is gearing up for a big week; major players are expected to report quarterly earnings, and the CEOs of Alphabet, Facebook, and Twitter are slated to testify before the Senate Commerce Committee to discuss their content liability shield known as Section 230. Ellie Wheeler, partner at the venture capital firm Greycroft, expects a standout quarter for these tech companies, and says despite regulatory scrutiny, they’ll continue to outperform. Adam Singolda, founder and CEO of content discovery and advertising platform Taboola, says regulators should be concerned about whether big tech players are making editorial decisions, rather than about whether they’re too large. Plus, actor Chadwick Boseman lost his battle with cancer two months ago, and his wife is working with courts to sort out his assets. CNBC’s Sharon Epperson explains that most Americans don’t have a will, but they should, regardless of age.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

26 Okt 202027min

Breaking Up Big Tech & Breaking Down the Final Debate

Breaking Up Big Tech & Breaking Down the Final Debate

Pollster and political strategist Frank Luntz breaks down the last Presidential debate before Election Day. Luntz emphasizes the volume of mail in ballots expected this cycle, and projects that we won’t have a final vote count for days after November 3rd. Plus, Facebook’s former Chief Privacy Officer and General Counsel Chris Kelly discusses the challenges ahead for big tech players and the regulators who want to rein them in. Kelly considers the implications of replacing Section 230 and the role these platforms play in the media landscape.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

23 Okt 202029min

Paul Tudor Jones: Expecting a Biden Victory; Washington Football President Jason Wright

Paul Tudor Jones: Expecting a Biden Victory; Washington Football President Jason Wright

Paul Tudor Jones, billionaire hedge fund manager and philanthropist, discusses today’s market, 33 years after Wall Street’s Black Monday. Jones considers the U.S. economic environment after the election, the value of bitcoin, market volatility, and Joe Biden’s tax plan. The Washington Football Team plays the Dallas Cowboys this Sunday, in a game dubbed “DMVotes Game,” part of Washington’s campaign to register DC, Maryland, and Virginia voters and to support them when casting their ballots. Washington Football President Jason Wright reviews the team’s starting plays and voting plays, as well as his timeline for a new team name. Plus, media bids adieu to the short lived, short video platform Quibi.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

22 Okt 202036min

Snapchat Surprises, Netflix Disappoints, Amazon Picks Up, & Robot Dogs Take Over

Snapchat Surprises, Netflix Disappoints, Amazon Picks Up, & Robot Dogs Take Over

Amazon is rolling out grocery pickup at Whole Foods, but Bezos may still have a few kinks to iron out to make the effort a success. Netflix reported disappointing results for its third quarter after missing subscriber targets, but Snapchat surprised the Street with a strong delivery for its investors and its advertisers. Lightshed’s Rich Greenfield and CNBC’s Julia Boorstin discuss the two platforms, and what’s to come for each. Stimulus negotiations continue on the Hill, and CNBC’s Ylan Mui tracks the possible paths forward, as well as the mounting frustration across the country. Plus, Boston Dynamics’ robot dog Spot may help keep employees safe amid the pandemic. CEO Robert Playter says if they take over menial, repetitive tasks, Spots could reduce density in the workplace, although robots are no match for human common sense. Usually.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Okt 202029min

Achieving Equity: Killer Mike, John Hope Bryant, & Shopify on Black Business & #BankBlack

Achieving Equity: Killer Mike, John Hope Bryant, & Shopify on Black Business & #BankBlack

Rapper, actor, and activist Michael Render, AKA Killer Mike, has launched Greenwood, a digital banking platform aimed at supporting Black and Latinx Americans who are unbanked or underserved by the traditional banking system in the U.S. He explains why support from financial institutions is critical to Black and brown America building wealth and participating fully in the economy. John Hope Bryant, CEO of Operation Hope, has launched the 1MBB initiative, an effort to create 1 million new Black-owned businesses in the next decade. Bryant is teaming up with Shopify, which has committed $130 million to the effort. Bryant and Shopify’s President Harley Finklestein discuss ways to cultivate Black entrepreneurship and improve racial equity in business. Those conversations, plus WeWork’s newest drama and America’s pandemic grooming.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

20 Okt 202033min

AMC’s Box Office & Dr. Scott Gottlieb: The Pandemic’s Seventh Inning

AMC’s Box Office & Dr. Scott Gottlieb: The Pandemic’s Seventh Inning

Former FDA Commissioner Dr. Scott Gottlieb looks ahead to 2021 for vaccines and a possible end to the coronavirus pandemic. He says we’re nearly through, but the hardest road is still ahead. AMC movie theaters are starting to reopen in New York, and CEO Adam Aron is optimistic about cinema safety but concerned about consumer demand. He emphasizes that movie releases, not limited theater capacity, may hinder his business. Plus, stimulus negotiations slog on in Washington, and Boeing’s 737 Max is inching closer to its next takeoff.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

19 Okt 202032min

Title: Masters of Scale’s Reid Hoffman; Persona vs. Policy; Going Big (on Stimulus) or Going Home

Title: Masters of Scale’s Reid Hoffman; Persona vs. Policy; Going Big (on Stimulus) or Going Home

Description: LinkedIn co-founder and “Masters of Scale” podcast host Reid Hoffman has joined a number of prominent business leaders in speaking out on election integrity. The entrepreneur, venture capitalist, and author is calling for patience and civility in awaiting election results, and considers the best options for American stability moving forward. GOP pollster Frank Luntz says undecided voters are struggling with their dislike of President Trump and their concern about Joe Biden’s policies following Trump and Biden’s opposing town halls last night. Luntz says the dueling town halls delivered little clarity to Americans still unsure of their candidate. Plus, New Jersey Democratic Governor Phil Murphy says to “go big or go home” when it comes to passing a federal stimulus package. He hopes to avoid broad lockdowns to deal with rising coronavirus cases in his state and across the nation. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Okt 202032min

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