Squawk Pod

Flight cancellations continue to distrust travelers, and Dennis Tajer, spokesman for the Allied Pilots Association and pilot for American Airlines, is blaming airline management. He claims pilots are being pushed to the edge. In the markets’ roughest first half of the year since the 1970s, Netflix was the worst performing stock. It may have come down to their lackluster content, says Rich Greenfield of LightShed Partners. Cynthia Littleton, Variety co-editor-in-chief, joins Rich to discuss how the streamer’s innovation might have hit a roadblock. The last time the S&P had it this rough in the first half of the year, Joe Kernen looked like a backup singer for the BeeGees.  In this episode:Rich Greenfield, @RichLightShedCynthia Littleton, @Variety_CynthiaJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @AndrewrsorkinKatie 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.

1 Juli 202231min

Americans are feeling the pain caused by inflation, but New Jersey is hoping to help its residents with an historically large budget plan. Governor Phil Murphy (D-NJ) discusses how Jersey’s rebate will alleviate some of the pain, from property taxes to back-to-school supplies. The markets are set to close on the worst first half in more than 50 years. The Dow and S&P 500 are on track for their worst three-month period since Q1 of 2020, and the Nasdaq is on its worst run since 2008. Plus, drama escalates in the Spirit Airlines boardroom. In this episode:Joe Kernen, @JoeSquawkMelissa Lee @MelissaLeeCNBCAndrew Ross Sorkin, @AndrewrsorkinKatie Kramer, @Kramer_KatieGov Phil Murphy @GovMurphy Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

30 Juni 202220min

Americans are gearing up to travel this Fourth of July weekend despite higher fuel and food costs this year. Amid record-high inflation, president and CEO of Best Western Hotels and Resorts Larry Cuculic says summer travel is surging in cities like Seattle, New York, and San Francisco. Stewart Butterfield, CEO of Slack, joins Andrew from the Aspen Ideas Festival to discuss what impact a recession could have on employers recalling workers to the office. He says the pandemic has proved that digital infrastructure is now more important than a physical HQ. Plus, a leader of the Federal Communications Commission has issued a warning about TikTok’s threat to American data security, and President of the Cleveland Fed Loretta Mester has voiced her support for a 75 basis point hike in July.  In the episode:Stewart Butterfield, @stewartJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @AndrewrsorkinKatie 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 Juni 202230min

As investors come to terms with a recession and the tech markets weather a downturn, we turn to legendary tech voices Cathie Wood and Eric Schmidt for guidance. Cathie Wood, founder of Ark Invest and a famous innovation bull, shares lessons from last year’s profits and losses. She maps out the biggest problems facing companies today, including inflation and supply chain issues. Eric Schmidt, former CEO and Executive Chairman of Google, joins from the Aspen Ideas Festival to share lessons from his past with a new generation of investors facing their first market downturn. He discusses competition with China, the promise of Web3, and the ebbs and flows of economic cycles as we face a recession.  In this episode:Cathie Wood, @CathieDWoodEric Schmidt, @ericschmidtBecky Quick, @BeckyQuickAndrew Ross Sorkin, @AndrewrsorkinBrian Sullivan, @SullyCNBCKatie 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 Juni 202227min

We’re kicking off the week with a super-sized Squawk Pod!  Three big interviews that all start with the key question Wall Street is asking: how bad is the impact of 2022’s high energy prices? Becky Quick and Brian Sullivan weigh the influence higher gas prices have on the stock market, and G7 leaders convene in Germany to discuss additional Ukraine support and new sanctions that include a proposal to cap the price of Russian oil exports. Goldman Sachs’ Jeff Currie says a brief pullback in global energy prices signals a buying opportunity for investors.  Noted tech investor John Doerr has a legendary track record – he was an early back of both Google and Amazon – and today, he calls the shift away from fossil fuels a revolution that rivals the creation of the Internet. Andrew Ross Sorkin catches up with Doerr at the Aspen Ideas Festival in Colorado.  NBCUniversal News Group is the media partner of the Aspen Ideas Festival. Plus, Home Depot co-founder and billionaire Ken Langone joins Squawk Box for a special interview that covers inflation, divisiveness and the complicated balancing act of policy and politics.  In this episode:Jeff Currie, @goldmansachs John Doerr, @johndoerrBecky Quick, @BeckyQuickAndrew Ross Sorkin, @AndrewrsorkinBrian Sullivan, @SullyCNBCZach Vallese, @ZachVallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

27 Juni 202239min

Fresh reporting from Becky Quick on what happened inside the room with leading executives from the U.S. oil industry and Energy Secretary Jennifer Granholm.  Inflation continues to run hot. Federal Reserve Chairman Jerome Powell says that the Fed is committed to fighting inflation “unconditionally” in a testimony to the House Financial Services Committee. Member of the committee, and Problem Solvers Caucus Co-Chair, Rep. Josh Gottheimer (D-NJ) wants to act aggressively to solve the problems of surging gas prices, expensive food costs, and fight inflation. Also, United Airlines says they are cutting dozens of flights in the Northeast due to staffing issues. Association of Flight Attendants International President Sara Nelson joins to address the massive amount of flight cancellations, rising ticket prices, and how to navigate the potentially messy summer travel season. In this episode: Rep. Josh Gottheimer, @RepJoshGSara Nelson, @FlyingWithSaraJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @AndrewrsorkinKatie 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.

24 Juni 202235min

Big Oil executives head to Washington today for a meeting with the Biden Administration to go over a diminishing list of options to contend with the rising price of gas.  President Biden announced plans to enact a “gas tax holiday” in the U.S. this summer, and has not received broad initial support. Amos Hochstein, State Department Special Envoy and Coordinator for International Energy Affairs, discusses the $0.18 reduction per gallon the holiday would save and the outlook for getting the policy through Congress. Mark Zuckerberg says a billion people will soon be spending their time – and money – in the metaverse, but Joe Kernen, Becky Quick and Andrew Ross Sorkin have differing ideas about what to actually do there.  Plus, the FDA will ban the sale of Juul e-cigarettes. Squawk Box regular and former head of the regulator, Scott Gottlieb, weighs in on the vaping industry as well as the latest concerns about Covid-19 variants.  And, more smaller cities will soon be harder to reach by airplane. To hear more from Mark Zuckerberg about Meta’s future, check out CNBC’s Mad Money podcast: https://www.cnbc.com/2018/03/01/mad-money-with-jim-cramer-podcast.html   In this episode:Amos Hochstein, @AmosHochsteinScott Gottlieb, @ScottGottliebMDJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @AndrewrsorkinKatie 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 Juni 202238min

A nationwide pilot shortage is prompting thousands of delays and cancellations for summer travelers. Dennis Tajer, American Airlines pilot and spokesperson for the Allied Pilots Association, says the staffing issues are due to management’s lack of foresight, and he warns that airlines may start to cut corners to keep up with demand. CNBC’s autos and airlines reporter Phil Lebeau considers how long it will take carriers to sort out their problems, and whether the federal government will have to step in to help.  In this episode:Phil LeBeau, @LebeaucarnewsBecky Quick, @BeckyQuickBrian Sullivan, @SullyCNBCKatie 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 Juni 202217min