Biden’s Drug Pricing Push, ChatGPT for Business, & Meta’s Disinformation Discovery 8/29/23
The Biden administration has unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare. CNBC’s Bertha Coombs and Centers for Medicare and Medicaid Services Administrator, Chiquita Brooks-Lasure, discuss the announcement, how the list of drugs were chosen, and more. Amazon CEO Andy Jassy is reportedly ready to let go of remote employees who’d rather stay remote, and OpenAI is launching its chatbot business tier, called ChatGPT Enterprise. Plus, CNBC’s Eamon Javers reports, Meta says it has disrupted a disinformation campaign linked to Chinese law enforcement, what the platform has called the “largest known cross-platform covert influence operation in the world.”Bertha Coombs 15:50Chiquita Brooks-LaSure 20:33Eamon Javers 28:17In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkEamon Javers, @EamonJaversChiquita Brooks-LaSure, @BrooksLaSureCMSBertha Coombs, @berthacoombsKatie 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.
29 Aug 202328min
Fed Tips from the Tetons, A U.S. Trade Trip to China, & Drug Pricing Power in DC 8/28/23
The Federal Reserve’s Jackson Hole meeting is over, but chair Jay Powell’s comments there are still echoing through the markets. Allianz Chief Economic Advisor Mohamed El Erian digests Powell’s Wyoming speech, including his comments that inflation is still too high, and his choice to leave the door open for more rate hikes in the future. U.S. Commerce Secretary Gina Raimondo is in China this week, meeting top officials in an effort to pursue a more stable relationship with the CCP. CNBC’s Beijing Bureau Chief Eunice Yoon reports from China on the local response to Sec. Raimondo’s visit, and what Chinese officials expect to get from the meetings. Plus, the Biden administration is poised to negotiate costs of Medicare drugs directly with pharmaceutical companies. Former FDA Commissioner Scott Gottlieb discusses the impact of these negotiations and the complications still ahead to lower prescription prices. Eunice Yoon - 11:46Mohamed El Erian - 17:46Dr. Scott Gottlieb - 28:27 In this episode:Eunice Yoon, @onlyyoontvScott Gottlieb, MD, @ScottGottliebMDMichael Santoli, @michaelsantoliRobert Frank, @robtfrankJoe Kernen, @JoeSquawkKatie 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.
28 Aug 202335min
The Strike Strikes Movie Releases & LA’s Smash & Grab 8/25/23
The SAG-AFTRA strike is resulting in movie release delays from big studios. Semafor’s Ben Smith discusses the delay of “Dune: Part Two” and the importance of promotion and marketing in the Hollywood machine. Remote workers could be losing touch with the larger mission of their company; HR expert and Medley Co-founder Edith Cooper discusses how intentional hybrid work can be impactful and productive, and probes the real needs of employers looking to get employees back to the office. Plus, a group ransacked a Nordstrom store in California, and CNBC’s Julia Boorstin reports on the EU’s new content laws that could result in big fines for big tech. Julia Boorstin 6:51Ben Smith 15:25Edith Cooper 21:23 In this episode:Julia Boorstin, @JBoorstinBen Smith, @semaforbenAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkKatie 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.
25 Aug 202328min
Nvidia’s Chip Boom, GOP Fireworks, & The Escape of Carlos Ghosn, a Docu-Series 8/24/23
Chipmaker Nvidia boasted a 171% uptick in data center revenue in the second quarter; CNBC’s Kristina Partsinevelos explains the earnings beat and the road ahead for chips. Venture capitalist and tech investor Bradley Tusk considers how demand for AI proves to be a tailwind for Nvidia and its competitors. Former Nissan executive Carlos Ghosn’s escape from Japan captured global headlines in 2019, and now the story is ready to capture streaming eyeballs. Director of “Wanted: The Escape Of Carlos Ghosn” James Jones shares details from his new docuseries ready to stream on AppleTV+. Former Green Beret Michael Taylor, a character in the series, explains how he orchestrated Ghosn’s now infamous “music box escape,” and how, after succeeding, he ended up in a Japanese prison. Plus, CNBC’s Eamon Javers breaks down the highlights of the GOP’s first presidential debate for the 2024 election. Kristina Partsinevelos - 14:49Bradley Tusk - 20:33Michael Taylor & James Jones - 29:05In this episode:James Jones, @jamesjonesfilmKristina Partsinevelos, @KristinaPartsEamon Javers, @EamonJaversAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkKelly Evans, @KellyCNBCKlaire Odumody, @klairemarie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
24 Aug 202337min
The First Republican Debate & Return-To-Office Backlash 8/23/23
Eight presidential hopefuls have officially qualified for the first Republican presidential debate in Milwaukee. Frank Luntz, FIL Inc. pollster and political strategist, previews the debate, what to expect from the candidates, and the impact of Donald Trump’s absence. Jason Greer, Greer Consulting founder and president, discusses the return to office push by some companies and whether the hybrid work model is here to stay or nearing its end. Plus, Hollywood producers are taking their latest contract proposal public as talks between the studios and writers union remain heated.Frank Luntz - 14:30Jason Greer - 26:37In this episode:Frank Luntz, @FrankLuntzAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.
23 Aug 202334min
Shoppers & Shrink, Big Tech’s Big Role in AI, & an Arm Up for IPOs 8/22/23
Nvidia, Microsoft, Google, Amazon and Meta aren't just investing in AI internally; CNBC’s Julia Boorstin reports, big tech is also playing a key role in the AI startup ecosystem. Aneesh Chopra, CareJourney president and former White House Chief Technology Officer, discusses whether big tech is playing too big a role in the AI stack, and whether regulators will soon crack down on the burgeoning sector. Retail visionary Mickey Drexler, former J.Crew Group chairman and CEO and current Alex Mill chairman, discusses retail’s latest earnings, shrink, and the state of the consumer. Plus, Microsoft has submitted a new deal for the takeover of Activision Blizzard and chip designer Arm, which is owned by Japan’s SoftBank, has filed to go public via a Nasdaq listing. Julia Boorstin - 12:42Aneesh Chopra - 16:03Courtney Reagan - 24:09Mickey Drexler - 25:05In this episode:Aneesh Chopra, @aneeshchopraJulia Boorstin, @JBoorstinCourtney Reagan, @courtreaganBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.
22 Aug 202329min
Pullbacks in Equities & in China, Hurricane Hilary, & A Windy City Tipping War 8/21/23
The markets are mid-pullback, this August; Wharton Professor Jeremy Siegel offers his perspective on bonds versus stocks, and which investments are the most promising for your portfolio. In Chicago, a tipping battle is underway. Scott Weiner, restaurateur and co-owner of The Fifty/50 Restaurant Group in the windy city, discusses the gratuity quandary–and legal proposal–gripping consumers and the local dining industry. Plus, CNBC’s Jane Wells reports from Palm Springs, where Hurricane Hilary made landfall, and CNBC’s Eunice Yoon reports from Beijing, on China’s latest interest rate cut and the country’s struggling economic recovery. Jane Wells - 16:24Jeremy Seigel - 20:08Scott Weiner - 30:45 In this episode:Jane Wells, @janewellsEunice Yoon, @onlyyoontvSteve Liesman, @steveliesmanScott Wapner, @ScottWapnerCNBCJoe Kernen, @JoeSquawkKatie 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.
21 Aug 202334min
AI Cracking Your Passwords & A Bloomin’ Investor 8/18/23
Can AI listen to your keyboard? Researchers at Durham University trained an A.I. model to crack passwords with 95% accuracy by listening to keystrokes. The study’s lead researcher, Joshua Harrison, discusses how it works. Rich Lesser, Boston Consulting Group global chair, discusses the mindset of corporate leaders, including CEO concerns about the economy, inflation, the labor market, and climate. Plus, shares of Outback Steakhouse owner Bloomin’ Brands are on the rise after an activist investor disclosed its interest in the restaurant company.Rich Lesser - 12:15Joshua Harrison - 24:14In this episode:Rich Lesser, @BCGMelissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkKatie 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 Aug 202330min
