The “DarkSide” of the Pipeline Shutdown; Dogecoin’s Nosedive; Hiring Slowdown
Squawk Pod10 Maj 2021

The “DarkSide” of the Pipeline Shutdown; Dogecoin’s Nosedive; Hiring Slowdown

The United States’ largest fuel pipeline has been shut down since Friday after a cyber attack, and it’s not clear how long the outage will last. CNBC’s Brian Sullivan reports that the outage could lead to spot shortages of gas, diesel, and jet fuel, and CNBC’s Eamon Javers details the “DarkSide” hacking group reportedly responsible for the attack. The disappointing April jobs report sparked debate about why American hiring hasn’t picked up as quickly as economists expected. CNBC’s Steve Liesman and Rahel Solomon discuss whether the U.S. economy might experience a lasting shortage of labor after the jobs miss. Anthony Scaramucci, founder of Skybridge Capital, says unemployment benefits are not to blame; most Americans want to work. Scaramucci also recaps Elon Musk’s appearance on “Saturday Night Live” and the resulting dogecoin nosedive. The Biden administration announced last week that it supports waiving intellectual property protections for Covid-19 vaccines in order to address the global shortage. Dr. Scott Gottlieb, member of the boards of Pfizer and biotech company Illumina and former FDA Commissioner, says the patent won’t solve the immediate problem of global vaccine distribution. Gottlieb also discussed his thoughts on the quickly-changing federal guidance on coronavirus restrictions. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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WeWork’s Executive Chairman Marcelo Claure; Parasite’s Big Night

WeWork’s Executive Chairman Marcelo Claure; Parasite’s Big Night

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Uber CEO Dara Khosrowshahi & AT&T Chairman & CEO Randall Stephenson

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Twitter’s CFO; Mayor Buttigieg’s Tech Support; On the Ground in China

Twitter’s Chief Financial Officer Ned Segal explains the platform’s plans for the future, from online safety to opportunities in Africa. Mayor Pete Buttigieg seems to have eked out a narrow lead in th...

6 Feb 202027min

Disney’s Q1; Elon-gated Wealth; Memes from the SOTU

Disney’s Q1; Elon-gated Wealth; Memes from the SOTU

President Trump delivered his third State of the Union address to a divided House Chamber. Andrew Ross Sorkin, Brian Sullivan, Michelle Caruso-Cabrera, and Eamon Javers discuss tension in the Capitol ...

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Tesla’s Wild Ride with Investor Ron Baron

The first voters of the 2020 election cycle gathered across Iowa on Monday evening, but the state Democratic Party is still scrambling for the caucus results. Political pollster Frank Luntz says voter...

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Iowa Votes; Misinformation Goes Viral; Bezos Takes a “DNA Test”

Iowa Votes; Misinformation Goes Viral; Bezos Takes a “DNA Test”

Concerns about the coronavirus outbreak are putting pressure on the global markets, but Allianz Chief Economic Advisor Mohamed El-Erian is calling for some perspective, warning investors not to buy th...

3 Feb 202030min

Anheuser-Busch InBev CEO; Amazon at $1 Trillion; IBM; Billion Dollar Brands

Anheuser-Busch InBev CEO; Amazon at $1 Trillion; IBM; Billion Dollar Brands

IBM CEO Ginni Rometty is stepping down; Joe, Becky, and Andrew digest the news. Veteran business journalist and author of “Billion Dollar Brand Club” Larry Ingrassia explains how direct-to-consumer st...

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Tesla’s Surge; Deals in 2020; Piloting the 737

The world’s CEOs are responding to the coronavirus outbreak, from Starbucks to Dow, Inc. Richard Bernstein Advisors’ Dan Suzuki explains the pressure on the markets and how long it might last. Tesla’s...

30 Jan 202025min

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