Microsoft’s Big Gaming Deal; The Cost of Streaming; Palihapitiya’s ‘Nobody Cares’
Microsoft announced it will buy video game giant Activision Blizzard in a $68.7 billion all-cash deal. Under the deal, Activision CEO Bobby Kotick, who has faced calls to resign over the cultural problems within his company, will remain CEO during the transition. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses the omicron Covid variant and says its global spread is inevitable. CNBC’s Eunice Yoon reports on China’s latest efforts to tamp down a recent uptick in Covid-19 infections, just weeks before the Olympics. Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. Palihapitiya now says his comments “lacked empathy.” Plus, Netflix raised monthly prices for its streaming service in the U.S and Canada, bringing the premium plan up to $19.99 per month.In this episode:Dr. Scott Gottlieb, @ScottGottliebMDEunice Yoon, @onlyyoontvJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.
18 Jan 202229min
The News Evolution with Journalist Carl Bernstein & Building Back America with NEC Director Brian Deese
Carl Bernstein, the Pulitzer Prize-winning investigative journalist behind Watergate, discusses the evolution of the news industry, what constitutes good journalism, and his new book, ‘Chasing History’. The Transportation Department is launching a $27 billion program to repair and upgrade roughly 15,000 highway bridges across the nation as part of the infrastructure law approved in November. White House National Economic Council Director Brian Deese discusses the Build Back Better bill, rising inflation, and restoring American confidence. The Supreme Court has blocked the Biden administration from enforcing its sweeping Covid vaccine-or-test requirements for large private companies, though the high court will allow a vaccine mandate for the health care industry. Plus, Australia has canceled tennis champion Novak Djokovic’s visa once again ahead of the Australian Open as the furor over his Covid-19 vaccination status intensifies.In this episode:Brian Deese, @BrianDeeseNECCarl Bernstein, @carlbernsteinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.
14 Jan 202238min
The 2022 Flightpath with Delta’s CEO
Delta and other airlines are facing headwinds from weather and rising cases of omicron, but Delta CEO Ed Bastian predicts a travel rebound at the end of February. Speaking with CNBC’s Phil LeBeau and the ‘Squawk Box’ team, Bastian reacts to the company’s latest quarterly earnings report, the rising cost of oil, and Delta’s ranking on 2022′s “Just 100” list. After lobbying the CDC to shorten quarantine guidelines from 10 to 5 days to mitigate airline staffing issues, Delta is now facing backlash from the Association of Flight Attendants and its president, Sara Nelson. Plus, new year, new hairdos!In this episode:Ed Bastian, @DeltaPhil LeBeau, @LebeaucarnewsJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.
13 Jan 202219min
Chair Powell’s Second Term; China’s Covid Surge
Investors are considering what Fed Chair Powell’s second term means for their portfolios, particularly after the Labor Department revealed that inflation grew at its fastest 12-month pace in nearly 40 years during December. CNBC’s Ylan Mui reports on the growing calls for new stock trading rules for Capitol Hill lawmakers and for Fed officials. Also in DC, Representative Pramila Jayapal (D-WA) discusses common ground between Democrats and Republicans, and whether Congress can build back the Biden administration’s Build Back Better plan. CNBC’s Eunice Yoon reports on China’s efforts to combat Covid-19 outbreaks before the Lunar New Year celebration and the Olympics. Potentially adding more strain to the battered supply chain. Plus, the government will be helping schools across the country ramp up testing. In this episode:Rep. Pramila Jayapal, @RepJayapalYlan Mui, @ylanmuiEunice Yoon, @onlyyoontvJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.
12 Jan 202233min
The ‘Just 100’ with Paul Tudor Jones & Accenture CEO Julie Sweet
Legendary trader and Just Capital co-founder Paul Tudor Jones discusses this year’s “Just 100” list, which ranks companies based on ESG issues. Julie Sweet, CEO of number 17 on the list Accenture, shares how her focus on sustainability and diversity has helped her company’s bottom line. Paul Tudor Jones lays out his outlook for the U.S. economy in 2022, including the Fed, crypto, and more. As new Covid cases rise, consumers are scrambling to buy tests online, especially as brick-and-mortar retailers sell out or limit supply. Demand for test kits may also increase now that the Biden administration announced it will require health insurers to cover costs for home tests starting Saturday. Plus, the Georgia Bulldogs won their first college football national championship since 1980!In this episode:Paul Tudor Jones, @ptj_officialJulie Sweet, @JulieSweetJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.
11 Jan 202235min
Pfizer’s Omicron Vaccine; SEC Chair’s 2022 Goals; Novak’s Courtside Drama
Pfizer CEO Albert Bourla says the company will have an omicron vaccine ready by March, just in case. He discusses global vaccine distribution, the covid treatment pill, and what he’s hoping for in 2022 with CNBC’s Meg Tirrell, Becky Quick, and Andrew Ross Sorkin. SEC Chairman Gary Gensler discusses regulatory goals on his 2022 docket, including bolstering transparency for investors. Plus, China is attempting to mitigate a surge of Omicron before the Winter Olympics, and tennis champion Novak Djokovic’s Aussie drama continues, courtside. In this episode:Gary Gensler, @GaryGenslerAlbert Bourla, @AlbertBourlaMeg Tirrell, @megtirrellBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
10 Jan 202237min
Tech in the Red; Tests Out of Stock; Pizza-dillas for Take Out
The tech stock darlings of the pandemic have finally hit a pullback. For the first time in five years, the Dow is outperforming the Nasdaq. The Fed’s signals for rate hikes on the horizon has prompted a reversal for high-growth cloud stocks, which could spell trouble for portfolios of tech bulls like Cathie Wood. Omicron is weighing on the markets and a group of former advisers to President Biden, who urge, “We need to do better.” Former FDA Commissioner Dr. Scott Gottlieb discusses test and vaccine distribution in the U.S., variants popping up all over the world, and the realistic longevity of this new normal. Supply chain issues are also hitting the pizza world; Papa John’s CEO Rob Lynch says, despite staffing, inflation, and supply chain issues, he’s kept his teams tossing pies every day of the pandemic. The last jobs report of 2021 disappointed economists, but the unemployment rate has fallen to a pandemic low. Plus, Tim Cook’s big, 2021 payout. In this episode:Rob Lynch, @PapaJohnsDr. Scott Gottlieb, @ScottGottliebMDBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinMike Santoli, @michaelsantoliCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
7 Jan 202238min
The Capitol Insurrection, One Year Later
One year after the deadly insurrection at the Capitol, we consider leadership, complicity, and the future of American democracy with New York Times columnist Tom Friedman. President Biden delivered remarks from Statuary Hall of the Capitol building, a space that a year ago was overrun by rioters discontent with the 2020 election results: “You can’t love your country only when you win.” In this episode:Tom Friedman, @tomfriedmanBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.
6 Jan 202217min
