After his dramatic takeover, Elon Musk aims to name a successor at Twitter before the end of 2023. Musk has also announced that thousands of Tesla’s chargers will soon open all other EVs. Federal Reserve Vice Chair Lael Brainard is leaving her post to become President Biden’s top economic advisor. She’s replacing White House powerhouse Brian Deese, who speaks with Joe Kernen, Becky Quick, and Andrew Ross Sorkin for an exit interview. Deese discusses his legacy at the National Economic Council, P...
Feb 15, 2023•31 min
The New York Times columnist Jim Stewart is out with a new book chronicling the manipulations and secret machinations of Sumner Redstone’s final years and the battle for his media empire. “Unscripted,” co-authored by Rachel Abrams, follows the drama that built the Paramount-CBS-Viacom business–and it’s a real life “Succession” story. Coca Cola reported a beat on earnings this quarter, and CEO James Quincey discusses his company’s strategy for marketing, inflation, and premixed cocktails. CPI dat...
Feb 14, 2023•31 min
The Kansas City Chiefs defeated the Philadelphia Eagles in Super Bowl LVII! Not everyone was watching for the big game, though. Most of this year’s advertisements sold for between $6 million and $7 million for a 30-second spot. Fox said it raked in a record amount of Super Bowl ad revenue this year. Kevin Krim, president and CEO of EDO, discussed this year’s Super Bowl ads. Concerns are mounting in Washington after the U.S. shot down a fourth unidentified object on Sunday. Jack Jacobs, retired U...
Feb 13, 2023•30 min
Disney CEO Bob Iger’s apparent openness to selling Hulu marks a stark reversal in strategy for the company. Iger said Thursday that “everything is on the table” with regard to Hulu’s future . Matt Belloni, Puck founding partner and author, discusses how Disney will treat Hulu, why another company wouldn’t partner with Hulu and more. SEC chair, Gary Gensler, discusses the recent crackdown from the SEC on Kraken, how the company’s operations differ from other yield-based products and potential cli...
Feb 10, 2023•33 min
Disney says it will slash 7,000 jobs from its workforce and plans to cut $5.5 billion in costs, including $3 billion in content savings. CEO Bob Iger says the restructuring is a “significant transformation” that will maximize the potential of their creative teams. Apple co-founder, Steve Wozniak, discusses the power of artificial intelligence, the metaverse, Tesla, and his long career at Apple. Plus, how the rich are saving billions in taxes. ProPublica Reporter, Paul Kiel, says some wealthy Ame...
Feb 09, 2023•35 min
President Biden delivered his State of the Union address to a lively congressional audience. Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down the fireworks and the content with former Republican Congressman Mick Mulvaney and former Democratic Senator Heidi Heitkamp. After a big financial quarter, Uber CEO Dara Khosrowshahi shares his vision for the road ahead (hint: EVs!), consumer spend, and the inflation squeeze. Plus, Microsoft is rolling out a new and AI chatbot-enabled version of ...
Feb 08, 2023•37 min
In a this super-sized episode, Speaker of the House Rep. Kevin McCarthy (R-CA) sits with Joe Kernen at the Capitol for an extended interview ahead of President Biden’s State of the Union Address . Speaker McCarthy discusses his political agenda, bipartisan negotiations for the debt ceiling, and America’s geopolitical and economic paths forward. In his first interview in over a year, Activision Blizzard CEO Bobby Kotick discusses his company’s quarterly performance, as well as the stalled deal fo...
Feb 07, 2023•47 min
A suspected Chinese spy balloon was shot down by the U.S. military over the weekend, as tension between both countries escalates. Member of the Council on Foreign Relations Michelle Caruso-Cabrera and partner at The Rhodium Group Daniel Rosen discuss the geopolitics at play, the repercussions of the incident, and the role the American public played in Washington’s response to the surveillance balloon. As the economy digests January’s blowout January jobs report, Allianz and Gramercy advisor and ...
Feb 06, 2023•34 min
In a surprisingly strong report, the Labor Department revealed the U.S. economy added 517,000 jobs in January 2023 , and an unemployment rate drop to 3.4%, the lowest level since 1969. CNBC’s Rick Santelli, Steve Liesman, and Andrew Ross Sorkin consider what the strong numbers mean for the Federal Reserve’s strategy to cool inflation. Among the employed, CNBC’s Robert Frank reports a rise in office attendance across U.S. cities. Plus, Chevron announced a $75 billion buyback program and a dividen...
Feb 03, 2023•30 min
The Federal Reserve has raised interest rates 25 basis points in its eighth hike since March 2022. Bridgewater founder and billionaire hedge funder Ray Dalio digests the Fed decision, the relative attractiveness of cash, bonds, and equities, and the value–real and perceived–of crypto. In an extended interview exclusive to CNBC, Dalio warns that we could be at the brink of an economic war with China. Plus, Julia Boorstin reports on Meta’s mega fourth quarter results , including what’s in store fo...
Feb 02, 2023•38 min
Ark Invest CEO and CIO Cathie Wood shares her big investing ideas for 2023 after her flagship fund reported its best month ever. Ark Innovation ETF notched a near-28% bump in January, but for the last two years, the fund is still down 72%. Wood discusses the wind-down of inflation and her bet that ChatGPT is just the beginning of a new AI era. Even Google is exploring ChatGPT-like technology , asking employees to test some of its competitors. Plus, Snap offered weak guidance for its next quarter...
Feb 01, 2023•29 min
ExxonMobil reported a record breaking $55.7B profit for 2022. CEO Darren Woods discusses the results and global oil policy, and warns that gas prices will rise again, while demand and supply are light. Ford and Tesla have slashed prices to remain competitive in the burgeoning electric vehicle landscape; WSJ reporter Tim Higgins explains the EV price wars and the road ahead for each player. Plus, the Biden administration is cracking down on Medicare private plans, and a U.S. appeals court has thw...
Jan 31, 2023•32 min
Ahead of this week’s Fed meeting, jobs data, and tech earnings results, head of US Equity and Quantitative Strategy at BofA Securities Savita Subramanian zooms out of the market minutia to paint the big economic picture for short term and buy-and-hold investors alike. TikTok CEO Shou Zi Chew has agreed to testify before U.S. Congress in March, as scrutiny on the China-based app heightens on Capitol Hill and on America’s university campuses. Plus, Renault and Nissan are rethinking their decades-o...
Jan 30, 2023•29 min
Universities and the U.S. government have heightened scrutiny on TikTok , exploring bans of the China-based app. Foreign affairs columnist for The New York Times Tom Friedman discusses the risks of TikTok and other social media, and how the U.S. should handle its relationship with China. As layoffs across tech pile up, Jason Greer, Greer Consulting founder and president, and Jessica Kriegel, chief scientist of workplace culture at Culture Partners, discuss the executive strategy of job cuts, as ...
Jan 27, 2023•34 min
In an extended interview, Starwood Capital Chairman and CEO Barry Sternlicht offers his outlook on a recession timeline, the Fed’s rate raising playbook, and the U.S. labor market. A real estate and investing mogul, Sternlicht explains what the housing market reveals about America’s economic health. Tesla reported record revenue for the fourth quarter; CNBC’s Phil Lebeau reports the results and shares the highlights from Elon Musk’s comments on the earnings call. Plus, IBM is making job cuts , C...
Jan 26, 2023•33 min
Tesla’s CEO is under oath this week, after shareholders sued him for his tweets in 2018. Axios business editor Dan Primack breaks down Elon Musk’s time in federal court , where he’s defending his infamous “funding secured” tweet. Primack considers Musk’s leadership and the faith his Tesla shareholders are willing to put in him. In a conversation about his new book, “Never Give an Inch,” former Secretary of State Mike Pompeo discusses Russia’s war in Ukraine and the roles of other global powers i...
Jan 25, 2023•34 min
Two months after the Taylor Swift-Ticketmaster debacle , the Senate Judiciary Committee is conducting a hearing on competitiveness in the ticketing industry. Sen. Richard Blumenthal (D-CT) and Sen. Marsha Blackburn (R-TN) share their priorities during the hearing, including antitrust concerns and consumer protections. CNBC’s Bertha Coombs reports on Amazon’s new prescription offering for Prime members : RxPass. Plus, Alphabet CEO Sundar Pichai is defending Google’s massive layoffs while the Depa...
Jan 24, 2023•22 min
Congress is working to find a bipartisan path to averting a debt default ; the U.S. has hit its borrowing cap of $31.4T, and it’s up to lawmakers to raise the debt ceiling or find another solution before the Treasury Department’s “extraordinary measures” run out in the summer, and the United States cannot pay its bills. PIMCO Head of Public Policy Libby Cantrill discusses the standoff in Congress and compares today’s debt ceiling drama with the standoffs in previous years. Tech companies have an...
Jan 23, 2023•30 min
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Moderna CEO Stephane Bancel. Three years after the first case of Covid-19 was detected in the United States, Bancel recalls the journey to vaccinating the global public, and Moderna’s newest vaccine trials for RSV. In this episode: Stephane Bancel, @moderna_tx Becky Quick @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andr...
Jan 21, 2023•14 min
In a special episode of Squawk Pod, Andrew Ross Sorkin is at the World Economic Forum in Davos, Switzerland, where he spoke with philanthropist and 7-time Grammy-winning entertainer will.i.am. As founder of the i.am.angel Foundation, will.i.am is advocating for more STEAM education in the form of extra-curricular activities, tutoring and dedicated preparatory schools for at-risk youth. A creative who believes in the power of AI, will.i.am discusses ChatGPT’s value for creators, the power of soci...
Jan 20, 2023•19 min
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with JPMorgan CEO Jamie Dimon. Dimon explains why he’s going back on his May 2022 warning of a “hurricane” heading for U.S. markets. In an extended interview in the Alps, Dimon discusses the Fed’s path forward, his own recessionary outlook, the “waste of time” that are bitcoin discussions, and the biggest risks to the global economy. In...
Jan 20, 2023•22 min
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with chef, restaurateur, and humanitarian, José Andrés. As founder of World Central Kitchen, Andrés discusses on-the-ground food relief in areas hit by extreme weather and war, including his work with local chefs in Ukraine. The pandemic and the war have put pressure on an already strained global food system; for Andrés, helping Ukraini...
Jan 19, 2023•13 min
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with General Atlantic Chairman and CEO Bill Ford. With $72B under management, General Atlantic has deployed $55B into nearly 500 companies, including Uber, Airbnb, Etsy, Mobileye, Chime, and TikTok parent ByteDance. Ford discusses tech opportunities, innovation, and entrepreneurship in China, India, and Southeast Asia, and the tech sect...
Jan 19, 2023•14 min
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Uber CEO Dara Khosrowshahi about this year’s theme: Cooperation in a Fragmented World. Since Russia’s war in Ukraine broke out, Ukrainians have relied heavily on the global private sector, including Uber. In the 11 months of the war so far, Uber has expanded its service footprint throughout the country, provided free rides to aid w...
Jan 18, 2023•13 min
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Blackstone CEO Steve Schwarzman. A billionaire businessman, GOP donor, and China optimist, Schwarzman discusses what the end of China’s zero-covid policy means for its economic recovery and the global supply chain. Plus, after three years of lockdowns, Chinese leaders are convening with the rest of the world’s leaders at this year’...
Jan 18, 2023•17 min
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Bank of America CEO Brian Moynihan. In their first winter WEF interview in three years, the anchors ask Moynihan about his economic recession forecast, his outlook on blockchain opportunities, and how the Federal Reserve should rebalance the U.S. economy. In this episode: Becky Quick @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross S...
Jan 17, 2023•18 min
The SEC has charged crypto lender Genesis and crypto exchange Gemini with allegedly selling unregistered securities. Former SEC enforcer Lisa Braganca discusses the $900m customer funds currently in the balance and what the regulators are hoping to achieve. Now that the House Republicans have a majority, former House Majority Leader Eric Cantor discusses the GOP’s agenda, both in Congress and in the upcoming race for President. Plus, Tesla is cutting prices , and Apple CEO Tim Cook is taking a p...
Jan 13, 2023•29 min
ChatGPT is an AI tool that’s taken educators by storm, and some are calling for a ban. Yale lecturer and journalist Joanne Lipman argues to keep it in classrooms, and she considers the various historical innovations that once concerned academics–from calculators to Google. Activist investor Nelson Peltz is aiming for a seat on Disney’s board , but the company is opposed and gearing up for a proxy fight . Disney has also named a new chairman of the board, and amid all the drama, the company has n...
Jan 12, 2023•30 min
The FAA suffered a computer outage , grounding and delaying thousands of flights across the country. CNBC’s Phil LeBeau discusses the ripple effects of the outage and the ongoing modernization of the airline industry. As the dust settles on the GOP’s hold in Congress, New Hampshire Governor Chris Sununu discusses what’s next for the Republican Party. He addresses revisions to the U.S. tax code, efforts to limit big government, and rumors that he is considering a run for President. Plus, FTX is h...
Jan 11, 2023•31 min
The Just 100 2023 list is out! The list ranks America’s largest publicly traded companies based on corporate behaviors including worker wellness, governance, diversity, and environmental impact. T Mobile CEO Mike Sievert discusses his company’s #20 ranking, and explains how “just” practices are financial, rather than political. Just Capital cofounder and investor Paul Tudor Jones discusses the ranking methodology, and addresses “woke capitalism,” and corporate virtue signaling. Tudor Jones also ...
Jan 10, 2023•31 min
