New CEOs at Nike & Starbucks, New ‘Grit, Wit, & Fit’ on Shark Tank 09/20/24
A new shark has joined Shark Tank: Daniel Lubetzky. Years after founding Kind Snacks, Lubetzky discusses the lessons he’s sharing with entrepreneurs seeking investment and guidance. He says in his founders, he’s looking for grit, wit, and market fit. After the Fed’s 50 basis point interest rate cut, economist and Harvard Kennedy School professor Jason Furman weighs the central bank’s move alongside the economic plans from Vice President Harris and former President Trump. Plus, Nike CEO John Donahoe is being replaced by Elliott Hill in a surprise move, and at Starbucks, new CEO Brian Niccol has a more relaxed approach to hybrid work. Jason Furman - 14:36Daniel Lubetzky - 25:10 In this episode:Daniel Lubetzky, @DanielLubetzkyBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie
20 Sep 202428min
A 50 BPS Rate Cut, Intel’s Lawsuit, & Boeing’s Strike 09/19/24
In a move that largely surprised economists, the Federal Reserve cut interest rates by half a percentage point, the first cut in four years. Former Fed Vice Chairman Roger Ferguson explains the possible reasoning behind the larger-than-expected cut. As Boeing’s strike continues, port workers on the east coast are threatening to strike as well. Transportation Secretary Pete Buttigieg weighs in on both worker plights, as well as the road ahead for electric vehicle infrastructure. The Anti-Defamation League has joined an employee’s discrimination lawsuit against Intel. CEO and National Director Jonathan Greenblatt explains how an Israeli employee who complained about anti-semitism at Intel ended up in a lower-paying job. Roger Ferguson - 4:33Sec. Pete Buttigieg - 18:26Jonathan Greenblatt - 32:22 In this episode:Jonathan Greenblatt, @JGreenblattADLPete Buttigieg, @PeteButtigiegBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie
19 Sep 202437min
Speaker Johnson, Mark Duplass, & Getting SALT Back 09/18/24
The House of Representatives is voting on a stopgap funding bill–but Washington expects it to fail. Speaker Mike Johnson (R-LA) discusses the voter verification legislation that he’s attached to the bill, despite limited Republican support. Actor, writer, and producer Mark Duplass is known for his roles on The Morning Show and The Mindy Project, but he’s betting on a big shift for streaming. Ahead of the launch of “Penelope,” Duplass explains his inspiration for his new series and for a new approach to the entertainment business. The EU has ruled to annul a $1.7B fine on Alphabet, and Steve Cohen is stepping further back from the trading desks at Point72, and Ozempic might be targeted for a price cut. Plus, former President Trump has vowed to “get SALT back” if reelected, despite having signed the SALT deduction cap into law during his first term. Speaker Mike Johnson - 16:02Mark Duplass - 32:38 In this episode:Mike Johnson, @SpeakerJohnsonMark Duplass, @MarkDuplass Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie
18 Sep 202438min
Debating Economic Proposals & Paying $40K for Health Care 09/17/24
Amazon is calling all employees back to the office 5 days a week, your Apple Watch can now detect sleep apnea, and TikTok is in an uphill battle in US courts. Less than 50 days until the Presidential election, former President Trump’s senior economic advisor Stephen Moore debates former campaign manager for President Obama and informal advisor to the VP Kamala Harris’ campaign Jim Messina. The two spar over economic proposals from each candidate. Plus, for an annual $40,000, you can have access to a concierge doctor like Private Medical. Founder and Chairman Dr. Jordan Shlain explains the next level of “investing” in your health. Jim Messina & Stephen Moore - 17:39Dr. Jordan Shlain & Robert Frank - 33:25 In this episode:Jim Messina, @Messina2012Stephen Moore, @StephenMooreRobert Frank, @robtfrankBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
17 Sep 202442min
TikTok in Court, Trumponomics 2.0, & iPhone 16 Demand 09/16/24
After an apparent assassination attempt on former President Donald Trump’s life, CNBC’s Eamon Javers reports on the latest details, the suspect, and the possible impact on the Presidential race. If Trump wins a second term, the campaign has tapped Cantor Fitzgerald CEO Howard Lutnick as Co-Chair of the transition team; Lutnick makes his case for Trumponomics 2.0. Today TikTok is in court, fighting to remain operational in the US. Entrepreneur Frank McCourt says he’s ready to buy TikTok, but not out of love for the platform. Plus, Apple shares slid after reports of lackluster demand for the iPhone 16, and SpaceX successfully completed the first civilian space walk. Eamon Javers - 02:58Howard Lutnick - 14:30Frank McCourt - 31:09 In this episode:Eamon Javers, @eamonjaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY
16 Sep 202438min
Boeing Strikes, DEI Rollbacks, & China Week on the Hill 09/13/24
Over 30,000 Boeing employees are on strike after the workers union rejected its negotiated contract. After “China week” on Capitol Hill, Rep. Raja Krishnamoorthi (D-IL) discusses the 2 dozen China-focused bills lifted in Congress, and argues that the CCP would prefer the uncertainty and division of a second Donald Trump presidency. Companies including Tractor Supply, Molson Coors, John Deere, Lowe’s, and Ford have announced they’re rolling back Diversity, Equity, and Inclusion policies at their respective companies. Human Rights Campaign President Kelley Robinson calls the decisions shortsighted for employees and customers, and says, at least $1.4T of LGBTQ+ spending power is at stake. Plus, tech CEOs like Nvidia’s Jensen Huang went to the White House this week. Rep. Raja Krishnamoorthi - 14:34Kelley Robinson - 21:47 In this episode:Rep. Raja Krishnamoorthi, @CongressmanRajaKelley Robinson, @HRC_PresidentBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY
13 Sep 202425min
JD Vance, In Between Debates 09/12/24
Senator and Vice Presidential Candidate JD Vance discusses former President Donald Trump’s plans for the economy, the impact of tariffs, and the urgency of immigration policy in an extended conversation. Days after the Presidential debate, Sen. Vance explains how he plans to prepare–sort of–for his own debate against Minnesota Governor and Democratic Vice Presidential Candidate Tim Walz. Best-selling author of “Moneyball” and “The Blind Side” Michael Lewis reacts to that discussion and shares takeaways from his new book on the rise and fall of Sam Bankman-Fried, “Going Infinite.” Plus, Moderna plans to launch new vaccines amid cost cutting, young bankers are putting in very long hours, and OpenAI is now eyeing an even higher valuation: over $150B. JD Vance - 14:34Michael Lewis - 42:31 In this episode:Sen. JD Vance, @JDVanceBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
12 Sep 202450min
Winning the Undecideds & Remembering Our History 09/11/24
CNBC’s Eamon Javers and pollster Frank Luntz help digest the fireworks of the Presidential debate between Vice President Kamala Harris and former President Donald Trump, including the big Taylor Swift endorsement that came after. On Wall Street, investors were unsurprised by the Labor Department’s August Consumer Price Index. Neuberger Berman’s Steve Eisman discusses the likelihood of a 25 basis point interest rate cut from the Federal Reserve next week. And, 23 years later, Americans come together to remember those lost in the September 11th terrorist attacks. Eamon Javers - 4:31Frank Luntz - 15:35Steve Eisman - 27:23 In this episode:Eamon Javers, @eamonjaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
11 Sep 202434min
