2020’s First Half; Uber’s Appetite; Lululemon’s New Mirror
The first half of 2020 is over, finally. University of Pennsylvania Wharton Professor Jeremy Siegel explains why the market whiplash investors weathered in 1H might very well continue until political and pandemic uncertainties are resolved. Real estate and hospitality magnate Barry Sternlicht calls for states to reopen despite those uncertainties, just as he has for the last few months. Plus, Uber is reportedly gearing up for an acquisition, and the ridesharing giant has an appetite for Postmates delivery. Lululemon is also expanding its business, moving from workout clothes to workout technologies with the at-home fitness innovator Mirror.
30 Juni 202030min
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
30 Juni 202044min
Pricing Remdesivir; Instagram Co-Founder’s Covid Tracking Data
Drug maker Gilead has announced pricing for its Covid treatment Remdesivir, but it’s more expensive in the U.S. than in other developed countries. Gilead CEO Daniel O’Day explains the health care factors in setting the drug’s cost. Instagram co-founder Kevin Systrom launched the Covid-19 case tracker website RT.live in April. The site breaks down infection cases and potential for continued spread state by state. Systrom explains how RT.live is a tool for Americans to stay informed about their communities, and former FDA Commissioner Dr. Scott Gottlieb shares how the site’s data can help U.S. states stay safe. Plus, another “friend” bites the dust. Companies continue to pull their advertising spending from Facebook as the #StopHateforProfit campaign gains momentum.
29 Juni 202035min
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
27 Juni 202050min
NJ Governor Phil Murphy; VP Biden’s Lead in the Polls
New Jersey, New York, and Connecticut are asking travelers from states with spiking Covid infections to self-isolate upon arrival. NJ Governor Phil Murphy discusses best practices for the tristate area as national reopening plans are underway. Joe Biden has pulled ahead of President Trump in the election polls, and political strategist and pollster Frank Luntz says it’s now Biden’s election to lose. According to Luntz, undecided voters are seeking gentler rhetoric from the President in his reelection campaign. Plus, Ford’s new pickup truck is taking remote work on wheels.
26 Juni 202027min
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
26 Juni 202045min
Hitting Pause: Companies, Consumers, & the Markets
New spikes in coronavirus cases around the U.S. have signaled a yellow light for companies, consumers, and the markets betting on a nationwide reopening. Dr. Scott Gottlieb, former FDA Commissioner, warns of a time gap between implementation of policy and affecting Covid-19’s spread. Steps taken now amid infection spikes, he says, will help states in a few weeks. Disney has indefinitely postponed reopening California theme parks amid the case spikes, although Florida properties are still on track for a July reopening despite employee petitions to delay. Media watcher and Lightshed Partners co-founder Rich Greenfield says Disney’s plans for Florida point to a media giant under financial pressure. Plus, markets also took a signal from the cautious road to reopening; Allianz Chief Economic Advisor Mohamed El-Erian is looking for the next anchor for the stock market.
25 Juni 202036min
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
25 Juni 202044min
