The Harris Economy, DNC Night 3 and Peloton’s Pickup 08/22/24
Squawk Pod22 Aug 2024

The Harris Economy, DNC Night 3 and Peloton’s Pickup 08/22/24

The third night of the Democratic National Convention in Chicago featured speeches from Minnesota Governor Tim Walz, former President Bill Clinton, Oprah Winfrey, Mindy Kaling, plus performances from Stevie Wonder and John Legend. Megan Cassella recaps the energetic evening on the ground in Chicago. Kamala Harris’ former chief economic advisor Mike Pyle discusses the campaign’s policy specifics so far, including corporate tax rates and a price gouging crackdown. CNBC’s Robert Frank breaks down Vice President Harris’ plans for taxing capital gains and unrealized gains. Plus, Peloton is still spinning along despite a slowdown in demand, Disney is searching for a Bob Iger successor, and Microsoft’s controversial AI Recall feature is coming soon to testers.

Megan Cassella 19:17

Mike Pyle 22:46

Robert Frank

In this episode:

Megan Cassella, @mmcassella

Robert Frank, @robtfrank

Andrew Ross Sorkin, @andrewrsorkin

Joe Kernen, @JoeSquawk

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.

Avsnitt(1709)

Big News for Brokerages; Debate Night; Kara Swisher

Big News for Brokerages; Debate Night; Kara Swisher

Becky breaks news that Charles Schwab is reportedly in talks to acquire TD Ameritrade, potentially creating a brokerage behemoth. Political pollster Frank Luntz doesn’t see any frontrunners emerging from the Democratic debates, and he has a surprising candidate suggestion who is not any ballots. Recode’s Kara Swisher is watching Silicon Valley and Washington meet again. She weighs in on what turns out not to be an Apple-owned manufacturing plant in Texas and Google’s new stand on political ads. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Nov 201930min

Target CEO; Apple & Trump in Texas

Target CEO; Apple & Trump in Texas

Target CEO Brian Cornell is looking forward to a bustling holiday season after the company’s strong quarterly report. He and Becky Quick talk strategy and seasonal sales in the Herald Square Target location in NYC. The Dean of Stanford Medical School Dr. Lloyd Minor is prescribing tech innovation for rising healthcare costs. Joe, Andrew, and CNBC reporter Eamon Javers weigh the positives and perils of Tim Cook’s meeting with President Trump. Plus, Mohamed El Erian is on set, and Mark Mahaney believes the worst may be over for Uber and Lyft. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

20 Nov 201933min

Kris Jenner; Taco Bell Date Night

Kris Jenner; Taco Bell Date Night

Kris Jenner, the “momager” behind the Kardashian-Jenner empire, sees family business opportunities beyond Kylie Jenner’s $600 million cosmetics deal with Coty. In a conversation exclusively for Squawk Pod, Andrew Ross Sorkin shares his insights about the family and the deliberate strategy that drives its success. Former Yum! Brands CEO David Novak is optimistic about the trade war with China and sets up a special night for Andrew and Joe. Plus, Disney+ accounts might have been hacked and American Express is trying out a new business strategy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

19 Nov 201936min

FedEx CEO is Fired Up; Ford’s Electric SUV; Walter Isaacson

FedEx CEO is Fired Up; Ford’s Electric SUV; Walter Isaacson

FedEx founder and CEO Frederick Smith is challenging The New York Times to a debate. Ford has unveiled its fully electric SUV; the automaker’s president Joe Hinrichs speaks to the new Mustang Mach-E and auto-electrification beyond Tesla. WSJ’s Dan Gallagher and author and CNBC contributor Walter Isaacson run through the logistical and philosophical obstacles for tech giants, from politics to acquisitions. Plus, Hong Kong violence continues to escalate and the FAA is considering a change to how it certifies planes safe for flight. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

18 Nov 201933min

The Jedi Battle; Directness of Direct Advertising; Taylor Swift’s Bad Blood

The Jedi Battle; Directness of Direct Advertising; Taylor Swift’s Bad Blood

Amazon is challenging the Pentagon’s award of a $10 billion cloud contract known as Jedi to Microsoft. Amazon accused the government of bias because of President Trump’s disparagement of the company and its CEO Jeff Bezos. Becky Quick, Andrew Ross Sorkin and Joe Kernen debate with The New York Times’ Ed Lee whether the government was biased when choosing Microsoft over Amazon. Tim Armstrong, the founder and CEO of the DTX Company, discusses Twitter’s political ad ban and the new shopping holiday his company is launching to precede Black Friday. And, Taylor Swift is pleading for help from the private equity firm The Carlyle Group. The private equity firm fronted the money for producers Scooter Braun and Scott Borchetta to purchase the rights to Swift’s older music, which she can no longer use or perform. The Squawk gang discusses Swift’s bad blood with the music executives with Erik Hirsch, Hamilton Lane vice chairman. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Nov 201928min

Warren Bashing Billionaires; Impeachment Impact; Cooking Conversations with Lidia Bastianich

Warren Bashing Billionaires; Impeachment Impact; Cooking Conversations with Lidia Bastianich

Presidential candidate Elizabeth Warren fired her latest shot at billionaires with a commercial on our own network, CNBC. Joe Kernen, Becky Quick and Andrew Ross Sorkin discuss her ad -- targeting hedge fund mogul Leon Cooperman, among others -- with Jared Bernstein, the former chief economist & economic policy adviser to Vice President Joe Biden, and the Heritage Foundation’s Joel Griffith. Raymond James’ Washington Policy Analyst Edward Mills breaks down how the House impeachment inquiry could affect the markets. And Italian restaurateur, author and TV host Lidia Bastianich says the restaurant industry is changing and weighs in on whether you should eat out or cook at home for Thanksgiving. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

14 Nov 201932min

Tax Cuts 2.0; Justice in Business; Regulating Big Tech

Tax Cuts 2.0; Justice in Business; Regulating Big Tech

An annual ranking of the most just companies - responsible to both society and shareholders - is out from Just Capital, co-founded by billionaire hedge fund manager Paul Tudor Jones. He joins Squawk Box with PayPal CEO Dan Schulman to explain why it’s important to recognize businesses based on how they treat their employees and customers, as well as their impact on the environment and local communities. Sen. Mark Warner (D-VA) explains why he’s pushing back on Facebook’s political advertising policies and what he’d like Congress to do to regulate big tech. The White House teases another tax cut for the middle class (Tax Cuts: The Sequel); and Kevin Rudd, Former Prime Minister of Australia describes the surging tensions between businesses and the anti-government protestors in Hong Kong. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Nov 201935min

Microsoft’s DACA Mission; Betting Big in Space; Disney+’s Debut

Microsoft’s DACA Mission; Betting Big in Space; Disney+’s Debut

Microsoft is stepping in to try to save DACA. Today, the Supreme Court begins hearing the case that that’s trying to stop the termination of the program that protects 700,000 people who came to the U.S. illegally as children. Brad Smith, Microsoft’s President, says Microsoft is the only company that’s a plaintiff in the case. About five dozen current Microsoft employees are DACA recipients. Space Angels’ Chad Anderson tells Becky Quick and Joe Kernen why he’s betting big in outer space .. soon to be a $10 Trillion industry. And, Disney+ launches today. Cg42 Founder Stephen Beck judges how this platform will fare in the streaming wars and what to do with your boxes of Disney DVDs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

12 Nov 201925min

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