Health Care Consolidation, Starbucks Wages, & Apple’s Car, Parked 02/28/24
Squawk Pod28 Feb 2024

Health Care Consolidation, Starbucks Wages, & Apple’s Car, Parked 02/28/24

Apple is winding down its electric car strategy after 10 years of quiet work. Apple is also reportedly making a last effort to avert an antitrust probe. UnitedHealth, owner of the largest insurer in the U.S., is facing an antitrust probe of its own. Former FDA Commissioner Dr. Scott Gottlieb argues that consolidation in the industry is partly a consequence of hospitals and physicians losing money on Medicare. Starbucks and Workers United are making progress. Unionized Starbucks employees will now receive the wage hikes their nonunion colleagues received in 2022. Plus, AI is coming for every industry and every workplace. Former head of HR for Goldman Sachs Edith Cooper discusses the risks of new technology and the value that human workers still offer.

Dr. Scott Gottlieb - 16:48

Edith Cooper - 25:14

In this episode:

Scott Gottlieb, @ScottGottliebMD

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Melissa Lee, @MelissaLeeCNBC

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(1792)

Curing Alzheimer’s; WeWork’s Platinum Parachute; CEO Musical Chairs

Curing Alzheimer’s; WeWork’s Platinum Parachute; CEO Musical Chairs

CEOs are stepping up, down, and all around. Nike’s longtime leader is hanging up his sneakers a day after Under Armour’s. Biogen CEO Michel Vounatsos is on set to share new results for an old Alzheimer’s study and explain why this time, the drug’s headed for the FDA. Honeywell CEO Darius Adamczyk maps out his company’s future for Joe, Becky, and Andrew (HINT: you won’t find thermostats). The Squawk Box team breaks down the deal Softbank made with former WeWork CEO Adam Neumann. Plus, more leadership changes at Boeing and some carne asada and chipwiches to get you through the day. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

23 Okt 201929min

The “Winning” Bid for WeWork; Under Armour’s Handover; Trade & Taxes

The “Winning” Bid for WeWork; Under Armour’s Handover; Trade & Taxes

The WeWork saga continues, even during broadcast. Joe Kernen, Becky Quick, and Andrew Ross Sorkin break out the details of Softbank’s rescue plan for the company as the news hits the wires. You’ll hear Andrew’s own reporting, as well as reporting from The Wall Street Journal’s Maureen Farrell. Under Armour’s Kevin Plank is handing the CEO role over to Patrik Frisk; CNBC’s Courtney Reagan interviews them both. Economist Art Laffer has an economic theory named after him, and now he has a plan for redistributing wealth in America. Plus, Republican Senator Chuck Grassley trusts President Trump’s word more than he trusts China’s. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

22 Okt 201930min

Industry Reckonings: Drug Companies, Boeing, & Facebook

Industry Reckonings: Drug Companies, Boeing, & Facebook

Minutes before the first federal trial on opioids was set to begin this morning, four drug companies announced settlements. Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down that news, as well as weekend headlines from China and expectations for Facebook’s many meetings this week. Boeing’s journey back from the 737 Max crashes has stalled again, and consumer advocate Ralph Nader is calling for more changes in Boeing’s boardroom. Plus, crisis management expert Eric Dezenhall and aviation attorney Mark Dombroff map out Boeing’s path forward--if there is one.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Okt 201928min

Facebook & Free Speech; Real (Estate)Talk; Capitalism Is in Crisis—Maybe

Facebook & Free Speech; Real (Estate)Talk; Capitalism Is in Crisis—Maybe

Apple’s CEO is in China, Facebook’s CEO is at Georgetown, and Saudi Aramco has officially postponed its IPO. Joe Kernen and Andrew Ross Sorkin go beyond the headlines with Natixis Chief Economist of the Americas Joe Lavorgna, journalist Joanne Lipman, and Business Insider’s Meghan Morris. Plus, real estate magnate Barry Sternlicht and Ford Foundation President Darren Walker discuss what’s working—and what isn’t—in politics and capitalism. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

18 Okt 201932min

Netflix; Stress; White House Insider Larry Kudlow

Netflix; Stress; White House Insider Larry Kudlow

Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down Brexit with Mohamed El-Erian, Chief Economic Advisor at Allianz and friend of Her Majesty The Queen. Bob Davis, Partner at Highland Capital and veteran of the dot com bubble defends capitalism in 2019. Arianna Huffington downloads to unplug; her health-focused company Thrive Global has made an acquisition in AI. Plus, White House National Economic Council Director Larry Kudlow defends President Trump and the U.S. economy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

17 Okt 201929min

Facebook’s Foray into Crypto; The Democrats’ American Dream

Facebook’s Foray into Crypto; The Democrats’ American Dream

Facebook’s cryptocurrency venture is no longer Facebook’s alone. It’s complicated. The co-founder of the Libra project, David Marcus, explains the details. Plus, billionaire investor and long-time hedge fund manager Leon Cooperman debates the debate with Joe, Becky, and Andrew. The Squawk team agrees: today’s podcast is especially good. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Okt 201933min

WeWork’s Workplace; Last Night’s Jeopardy; “Bezos’s Master Plan”

WeWork’s Workplace; Last Night’s Jeopardy; “Bezos’s Master Plan”

Larry Fink, Chairman & CEO of Blackrock, the world’s largest money manager, speaks to his company’s earnings—and his clue on Jeopardy last night. Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down WeWork’s possible workplace hazards and more off-court trouble for the NBA. The Atlantic’s Franklin Foer gives the Squawk team a peek at Jeff Bezos’s lofty goals that date back to the Amazon founder’s time in high school. Plus, one of the designers of Senator Warren’s tax plan and University of California Berkeley Economics Professor Gabriel Zucman defends the details of his wealth tax proposal. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Okt 201931min

Boeing’s Battles; Facebook’s Feuds; Phase One Complete--Almost

Boeing’s Battles; Facebook’s Feuds; Phase One Complete--Almost

Boeing strips the chairman’s role from CEO Dennis Muilenburg as the 737 Max plane fleet remains grounded. Antiques are to Restoration Hardware as Bitcoin is to...Libra? Joe Kernen, Becky Quick and Andrew Ross Sorkin discuss Facebook’s crypto currency with Anthony Pompliano, co-founder of Morgan Creek Digital Assets, and the Wall Street Journal’s Joanna Stern and CNET’s Joan Solsman pose concerns about Facebook’s position of power. Operation HOPE Founder John Hope Bryant has a message about capitalism for U.S. companies, the NBA, China, and Democratic presidential candidates. Plus, Treasury Secretary Steven Mnuchin tells CNBC that the U.S. and China have reached a fundamental trade agreement--the first phase, at least. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

14 Okt 201936min

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