President Trump took unorthodox action over the weekend in an attempt to fast track pandemic relief for Americans. CNBC’s Eamon Javers breaks down each of the four orders, from delayed payroll taxes to unemployment aid. The newly reinvented Kodak is facing SEC investigations into the company’s disclosure of its deal with the US government. Summer is drawing to a close, and Johns Hopkins School of Education’s Annette Anderson highlights what’s needed to prepare students and families for the new s...
Aug 10, 2020•29 min
Two months of record-setting payroll growth slowed in July, but the Labor Department's monthly report still showed encouraging signs. Jason Furman, Former Chair of President Obama’s Council of Economic Advisors, Kate Moore, Head of Thematic Strategy at Blackrock and Steve Liesman, CNBC’s Senior Economics Reporter break down the jobs report. Senator Amy Klobuchar (D-MN) discusses the latest stimulus negotiations and the U.S. economy. Plus, Nasdaq's new highs, U.S.-China tech tensions, and support...
Aug 07, 2020•29 min
The markets may be nearing all-time highs, but the real economy continues to struggle amid the pandemic. Senator Bernie Sanders is calling on billionaires to help support their country in need. Stimulus negotiations press on in Washington, and Operation Hope Chairman & CEO John Hope Bryant debates “Shark Tank” co-host Kevin O’Leary on what’s fair, what’s needed, and what’s at stake in the next round of pandemic relief. Plus, Rocket Companies, the parent of Quicken Loans, IPOs on the NYSE tod...
Aug 06, 2020•38 min
Businesses still recovering from Covid-19 shutdowns are now saddled with Tropical Storm Isaias damages. CNBC’s Contessa Brewer shares the storm’s impact on insurers amid the pandemic. Senator Marco Rubio (R-FL), Chairman of the Committee on Small Business and Entrepreneurship, says the worst relief plan for struggling businesses is no stimulus plan. The Senator weighs in on the stimulus stalemate in Congress and TikTok’s journey from hottest teenage app to hottest political headline. CNBC’s Ylan...
Aug 05, 2020•33 min
Over three million small businesses in the U.S. have closed amid the pandemic, and former Starbucks Chairman and CEO Howard Schultz says that without any "significant stimulus" plans available, millions more will follow. As the coronavirus crisis wears on, schools across the country are strategizing safe education. Julie Kashen, Director at Women's Economic Justice and Senior Fellow at The Century Foundation, discusses what’s at stake for parents--and the economy--in school’s new normal. If chil...
Aug 04, 2020•36 min
Microsoft is in talks to buy some of the TikTok business from Chinese parent company ByteDance as U.S. government officials raise concerns about the platform’s risks to national security. Microsoft’s largest shareholder, former Microsoft CEO, founder of USAFacts, and Chairman of the NBA LA Clippers Steve Ballmer talks TikTok, big tech, and Covid cases. Plus, Cameron Mitchell operates dozens of successful restaurants across the country, but he says his industry won’t survive without another stimu...
Aug 03, 2020•33 min
The biggest tech companies and market leaders, Amazon, Apple and Facebook, reported stellar quarterly results. Legendary tech investor, Alan Patricof, says “everybody’s got to face up to the fact they are basically utilities.” Emergency unemployment benefits are set to expire today and Congress and the White House still seem far apart on an agreement. O’Shares ETFs Chairman and ”Shark Tank” Co-Host Kevin O’Leary, and Operation Hope Chairman, John Hope Bryant, discuss what they would like to see ...
Jul 31, 2020•36 min
Jeff Bezos, Tim Cook, Mark Zuckerberg, and Sundar Pichai, leaders of the four tech titans, testified remotely on Capitol Hill for 6 hours this week. Becky Quick, Andrew Ross Sorkin, and Wilfred Frost recap the highlights of the hearings, from antitrust defenses to privacy concerns and technical glitches. Former White House Chief Technology Officer Aneesh Chopra breaks down the evidence presented by the House Judiciary Antitrust Subcommittee and how the hearings may change FTC, DOJ, and state-led...
Jul 30, 2020•33 min
Kodak is back. The once-giant corporation responsible for most twentieth century American memories is now reinventing itself as a drug company. Executive Chairman James Continenza explains Kodak’s comeback amid the coronavirus pandemic. SEC Chairman Jay Clayton discusses corporate hygiene as company boards cash in on their own holdings. He issues a word of advice for investors looking to get involved in SPACs, and urges transparency among corporate management. Plus, former FDA Commissioner Dr. S...
Jul 29, 2020•32 min
In an interview exclusive to CNBC, billionaire philanthropist and Microsoft co-founder Bill Gates discusses the efforts to find a coronavirus vaccine and therapeutic, how those technologies may change our new normal, and when. Gates weighs in on big tech ahead of the Silicon Valley giants’ antitrust hearings this week, as well as the other tech giant: Elon Musk. Plus, when would Bill Gates send his children back to school? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informa...
Jul 28, 2020•34 min
As coronavirus cases spike in hot spots across the country, biopharmaceutical companies race to find a vaccine. Moderna Therapeutics has secured an additional $472 million in government funding to develop its own vaccine candidate, which begins phase 3 human trials today. Moderna CEO Stéphane Bancel discusses the vaccine development and addresses concerns about his executive team’s lucrative and unscheduled stock sales over the past six months. The Harlem Children’s Zone is going national with i...
Jul 27, 2020•31 min
Texas Governor Greg Abbott discusses the new $1B Tesla factory moving into Austin. After issuing a statewide mask mandate, Governor Abbott explains his strategy for keeping Texan businesses open amid rising coronavirus cases. The U.S. and China are in a diplomatic spat that’s escalating quickly, and the highly anticipated big tech hearing on the Hill has been postponed. Plus, two Wall Street scandals: Goldman Sachs has reached a settlement with Malaysia, putting the star-studded 1MDB debacle to ...
Jul 24, 2020•32 min
Scott Kirby, United Airlines CEO, explains why despite safe and clean air circulation on planes, his industry won’t fully recover until a Covid-19 vaccine is widely available. Tech investor, co-owner of the NBA Golden State Warriors and Virgin Galactic Chairman Chamath Palihapitiya breaks down Tesla’s track for the S&P 500. Palihapitiya, a former Facebook insider, says big tech has “had a good run,” but a breakup is good for competition. Plus, a continuing SPAC education: Palihapitiya’s case...
Jul 23, 2020•32 min
Bill Ackman’s Pershing Square Capital Management sponsored the largest SPAC IPO in history, raising $4B in capital. In an exclusive CNBC interview, the hedge fund billionaire makes his pitch for the insider baseball market vehicle: the special-purpose acquisition company. “Much better for the issuer, much better for the shareholder, because they get to make a thoughtful decision that’s not rushed by the typical IPO process.” Plus, four months after his “Hell is coming” comments rocked the market...
Jul 22, 2020•31 min
Epidemiologist and Dean of the Harvard T. H. Chan School of Public Health Michelle Williams suggests corporations may be the key to stemming Covid’s spread and ensuring a safe fall semester for students and teachers. Bruce Feiler, author of “Life Is in the Transitions: Mastering Change at Any Age,” offers insight on navigating the personal and professional changes prompted by the coronavirus pandemic. Plus, Elon Musk and Jeff Bezos are each over $10 billion wealthier today than they were yesterd...
Jul 21, 2020•29 min
While Covid-19 cases climb in 40 states, former FDA Commissioner Dr. Scott Gottlieb considers the American infrastructure that led the country to this point, as well as what’s needed to support its physical and financial recovery. Mavericks owner, entrepreneur, and investor Mark Cuban offers his investing tips to day traders, even the ones on TikTok. With the 1990s tech bubble in mind, Cuban encourages market participants to think long term and practice patience. He issues a reminder to investor...
Jul 20, 2020•29 min
The U.S. reported another record one-day spike in new Coronavirus cases on Thursday as outbreaks continue to worsen across the country, particularly in Texas, Florida and California. A growing number of politicians, health and business experts, including BlackRock CEO Larry Fink, are advocating mask-wearing amid concerns about the possibility of having to shut down the U.S. economy again to contain the spread. Fink also discussed the asset manager’s position on environmental, social and governan...
Jul 17, 2020•34 min
Hackers gained access to more than a dozen high-profile Twitter accounts yesterday, including those of Jeff Bezos, Bill Gates, Joe Biden, former President Barack Obama, Elon Musk and the corporate account of Apple. Facebook’s former head of security, Alex Stamos, warns about the possible future consequences and the controls that need to be in place before the 2020 elections. Disney heiress, Abigail Disney, says millionaires (yes, she is one) should pay higher taxes permanently to aid in Coronavi...
Jul 16, 2020•26 min
Moderna released promising data on its potential coronavirus vaccine trial late Tuesday, saying it generated a “robust” immune response. Moderna’s chief medical officer, Tal Zaks, says the newly released data “puts us on a positive path towards a larger phase three trial.” Plus, Apple’s tax break, United Health earnings, and the Trump Administration punishing Chinese officials for new security laws. CNBC’s Beijing Bureau Chief, Eunice Yoon, also discusses the U.K’s decision to ban Huawei from it...
Jul 15, 2020•28 min
Delta CEO Ed Bastian discusses his airline’s financials after a difficult quarter for the industry. He expects Delta’s journey to pandemic recovery to be choppy and years long, but in the meantime, passengers can expect mandatory masks and empty middle seats. Disney World in Florida has reopened, and Disneyland in Hong Kong has reclosed as coronavirus cases rise in both areas. New York Times reporter Brooks Barnes traveled to Disney World in Florida for the park’s reopening, and he’s impressed w...
Jul 14, 2020•33 min
Dr. Scott Gottlieb, former FDA Commissioner, discusses the health risks and the political factors involved in reopening schools come September. Former White House Chief of Staff and previously the Director of the Office of Management and Budget Mick Mulvaney considers the steps every state needs to take to help businesses and the national economy back to their feet. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for adv...
Jul 13, 2020•30 min
Procter & Gamble is using its position as one of the world’s largest advertisers to combat racism with powerful ad campaigns. P&G Chief Communications Officer Damon Jones says two videos released this week, “The Choice” and “Let’s #TalkAboutBias,” are part of the CPG giant’s long-standing strategy to encourage activism and dismantle inequality. Chicago Mayor Lori Lightfoot discusses her plans for reopening her city and maintaining safety for its residents. Plus, Barbados may be open for ...
Jul 10, 2020•27 min
: Pete Buttigieg, former Mayor of South Bend, Indiana and previously a Democratic Presidential candidate, discusses Joe Biden’s $700 billion “Buy American” campaign. Buttigieg explains why he supports Biden’s plan to maintain U.S. global competitiveness and support economic recovery with tax policies and government investments. Harvard Professor and AEI President Emeritus Arthur Brooks shares his family’s journey building an American life and finding happiness in his “How to Build a Life” series...
Jul 09, 2020•30 min
"There are no nuances to white nationalism.” Over 750 companies have agreed to pull or pause their Facebook advertising spending as part of the Stop Hate for Profit campaign. After a virtual meeting about moderating racist content with Mark Zuckerberg, Sheryl Sandberg, and other Facebook executives, the organizers of the boycott expressed deep disappointment. Anti-Defamation League CEO Jonathan Greenblatt, one of the organizers and participants in the civil rights Zoom call, urges Facebook to se...
Jul 08, 2020•35 min
Vaccine maker Novavax received $1.6B from the U.S. government for “Operation Warp Speed,” an effort to expedite the race for a coronavirus vaccine. Novavax CEO Stanley Erck maps out his timeline for vaccine distribution. The government has also poured trillions of dollars into the American financial recovery from the Covid-19 pandemic, and Jason Furman, former Chairman of President Obama’s Council of Economic Advisers, says the government is battling two concurrent recessions. He and AEI’s Micha...
Jul 07, 2020•37 min
Warren Buffett has made Berkshire Hathaway’s first purchase since the pandemic began in a near $10 billion deal to buy Dominion Energy. Becky Quick, who broke the story, explains Buffett’s path to this purchase, and its implications for the future. Former FDA Commissioner Dr. Scott Gottlieb is calling the spikes in Covid-19 cases the “second wave” of the pandemic in the United States. Former Allergan CEO Brent Saunders discusses Regeneron’s phase 3 trials of antibody therapy and America’s path f...
Jul 06, 2020•31 min
Listen to the final episode of 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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Jul 03, 2020•45 min
Gary Vaynerchuk, the entrepreneur behind VaynerMedia, VaynerX, and Empathy Wines has struck a deal with Constellation Brands. The internet celebrity discusses why Constellation’s Empathy acquisition is a match made in the heavens with Constellation’s President of Wine and Spirits, Robert Hanson. Vaynerchuk, followed by over 12 million social media accounts, calls out corporations pulling their advertising from Facebook, calling those companies “hypocritical.” Chuck Robbins, CEO of telecom compan...
Jul 02, 2020•32 min
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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Jul 02, 2020•45 min
AT&T Executive Chairman and Business Roundtable Chairman Randall Stephenson reveals how the BRT’s coalition of 200 CEOs are thinking about calls to defund the police. He shares AT&T’s vision and action plans for a diverse and equitable workplace. FreshDirect CEO David McInerney discusses the grocery delivery boom throughout the pandemic and how the food landscape may be forever altered. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and...
Jul 01, 2020•35 min