Johnson & Johnson released higher-than-expected third-quarter earnings; CFO Joseph Wolk discusses the company’s performance, the latest updates on its talc subsidiary’s bankruptcy and his thoughts on the corporate tax rate heading into the 2024 election. Next, Vice President Harris released a new economic plan on Monday to give Black men more economic opportunities. Charles Phillips, Recognize co-founder and Black Economic Alliance co-chair, discusses the plan and why he’s supporting the Harris economic agenda. Plus, Fed Gov. Waller sees the need for “more caution” going forward with rate cuts, shares of Covergirl’s parent Coty fell after reporting weaker-than-expected revenue, and Tesla’s Optimus robots were assisted by humans at last week’s Cybercab event.
Joseph Wolk - 14:53
Charles Phillips - 32:39
In this episode:
Charles Phillips, @PhillipsCE
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer, @Kramer_Katie
