Facebook’s DC Defense; Tesla’s Good News; Billionaire Blame Game
Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down Mark Zuckerberg’s testimony on Capitol Hill with Rep. Lance Gooden (R-TX), a member of the House Financial Services Committee who participated in the hearing. Michael Novogratz, CEO and Founder of Galaxy Digital, weighs in on Squawk Box’s ongoing debate about billionaires and the wealth gap in the United States. Plus, Roth Capital’s Craig Irwin shares some good news from Tesla, and Joe has some sick days to spare.
24 Okt 201936min
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.
23 Okt 201929min
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.
22 Okt 201930min
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.
21 Okt 201928min
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.
18 Okt 201932min
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.
17 Okt 201929min
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.
16 Okt 201933min
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.
15 Okt 201931min
