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(1833)

U.S. Secretary of State Mike Pompeo; Jamie Dimon’s Recovery

U.S. Secretary of State Mike Pompeo; Jamie Dimon’s Recovery

The markets see-sawed this week, but the Labor Department’s February jobs number is out and better than expected. The U.S. Secretary of State Mike Pompeo describes working with China during the coronavirus outbreak and keeping himself healthy during his travels. Exxon Mobil CEO and Chairman Darren Woods discusses sustainability and market volatility with Becky Quick. JPMorgan CEO Jamie Dimon is recovering from successful emergency heart surgery; Yale’s Jeff Sonnenfeld discusses the bank’s leadership during Dimon’s recovery and beyond. CNBC’s Alex Sherman shares details from his exclusive interview with the head of SoftBank’s Vision Fund, Rajeev Misra about SoftBank post-WeWork. Plus, a PSA: Tito’s Vodka is not a suitable hand sanitizer. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

6 Mar 202035min

Real Estate Moguls Sam Zell & Howard Lorber; Bloomberg Bets on Biden

Real Estate Moguls Sam Zell & Howard Lorber; Bloomberg Bets on Biden

Mayor Bloomberg’s campaign for President might be over, but he’ll still spend millions until Election Day. Former director of USAID Jeremy Konyndyk weighs his experience with the Ebola outbreak as he considers the global coronavirus risks to come. Real estate titan and billionaire, Equity Group Investments Chairman Sam Zell, talks energy bets, market volatility, motorcycle rides with the Squawk team and Douglas Elliman Chairman Howard Lorber.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

5 Mar 202033min

Market Roller Coaster; Robinhood’s Outage; Senator Ted Cruz (R-TX)

Market Roller Coaster; Robinhood’s Outage; Senator Ted Cruz (R-TX)

Super Tuesday has revealed a two-person race among the Democratic presidential candidates, says political pollster and strategist Frank Luntz. The markets’ roller coaster ride continues with the yield on the 10 year treasury bond dropping below 1%. Douglas C. Lane’s Sarat Sethi weighs in on the Federal Reserve’s emergency rate cut and the response from global investors. Senator Ted Cruz (R-TX) discusses the coronavirus outbreak and its impact on airlines. Plus Axios Business Editor Dan Primack explains why Robinhood’s platform outage could be trouble for millennial investors who use it and for the company’s future. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Mar 202034min

Making the Cut; Home, the Healthiest Office

Making the Cut; Home, the Healthiest Office

The Federal Reserve announced a surprise cut to its key interest rate as coronavirus concerns pressure the global economy. Jim Cramer and Steve Liesman discuss the Fed, the coronavirus, and handshakes with Joe Kernen, Becky Quick, and Mike Santoli. Squawk Alley host Jon Fortt shares CNBC’s data on how tech executives are keeping their businesses running—and their employees safe—during the coronavirus outbreak. Plus, Robinhood investors missed out on the biggest point gains for the Dow, the S&P 500, and the Nasdaq, and it has been almost one year since the Boeing 737 Max was grounded.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Mar 202021min

Superbug in the U.S.; Market Morale; Remembering Jack Welch

Superbug in the U.S.; Market Morale; Remembering Jack Welch

Markets are attempting to come back from Wall Street’s worst week since the financial crisis amid mounting concerns about the coronavirus outbreak. Joe Kernen, Becky Quick, Mike Santoli, and BNY Mellon’s Liz Young discuss economic risks and possible Fed intervention. Infectious disease physician and author of “Superbugs: The Race to Stop an Epidemic,” Dr. Matt McCarthy warns that the United States will see more coronavirus cases and related school closures. Former FDA Commissioner Dr. Scott Gottlieb agrees that the U.S. should focus more on mitigation than containment as the virus spreads domestically. CNBC remembers former GE chairman and CEO Jack Welch. The man who played a key role in building CNBC and modern corporate leadership has died at age 84. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2 Mar 202032min

Warren Buffett & Berkshire 2.0; Market Sell-Off

Warren Buffett & Berkshire 2.0; Market Sell-Off

Berkshire Hathaway Chairman and CEO Warren Buffett speaks to Becky Quick about the company’s plan for succession after his 50+ years at the helm. The Oracle of Omaha fields questions on baseball, Kraft Heinz, and Geico. Former Governor of the Federal Reserve Kevin Warsh penned an op ed in The Wall Street Journal urging the Fed to lead a global interest rate cut in light of this week’s market sell-off. He defends his argument and discusses the economy during an outbreak with Joe Kernen, Becky Quick, and Andrew Ross Sorkin. Stuart Frankel’s Steve Grasso discusses the historical context of this week’s sell-off and best practices during a market correction. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Feb 202041min

Warren Buffett on Banks, Boards, & Scandal; Coronavirus Fears Hit Wall Street

Warren Buffett on Banks, Boards, & Scandal; Coronavirus Fears Hit Wall Street

The Oracle of Omaha Warren Buffett discusses corporate leadership and the Wells Fargo scandal with Becky Quick. The world’s most famous investor explains his choice to pass on investing in California’s utility, PG&E. Don’t miss Buffett’s thoughts on Boeing, banks, interest rates, and the markets’ Cinderella stories. Plus, COVID-19 has spread to at least 47 countries; former FDA Commissioner Dr. Scott Gottlieb explains what’s coming for the United States and what small changes we can make to protect our health. As Wall Street reacts to fears of a global pandemic, C-suites at Microsoft, HP, Airbnb, and elsewhere are making decisions to mitigate risk.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

27 Feb 202033min

Warren Buffett & Bitcoin; Virgin Galactic Chairman; Disney’s New CEO

Warren Buffett & Bitcoin; Virgin Galactic Chairman; Disney’s New CEO

Legendary investor Warren Buffett says he does notown cryptocurrency, but the Twittersphere disagrees. Becky Quick sets therecord straight in a conversation about the Oracle of Omaha’s history withBitcoin, only on Squawk Pod. Disney CEO Bob Iger is handing over the keys tothe Magic Kingdom in a surprise move that has Hollywood, Wall Street, and theSquawk anchors buzzing. Venture capitalist and Chairman of Virgin GalacticChamath Palihapitiya shares his investing strategy during the coronavirusoutbreak, a timeline for Sir Richard Branson’s trip to outer space, hisrecommendations for investor crypto holdings, and why he thinks ESG is “afraud.” Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

26 Feb 202037min

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