Squawk on the Street

McDonald’s Slides on E. Coli Outbreak, Starbucks Slumps, Boeing CEO Exclusive 10/23/24

Oct 23, 2024
Guest
Kelly Ortberg
Kelly Ortberg, the CEO of Boeing and a veteran in the aerospace industry, joins the discussion to share insights on his plans for a company turnaround amidst financial losses and union negotiations. The hosts delve into the alarming E. coli outbreak linked to McDonald's Quarter Pounders, exploring its impact on consumer trust and stock performance. They also cover Starbucks’ disappointing fiscal outlook, the challenges facing the aerospace sector, and the broader implications of labor dynamics and production hurdles at Boeing.
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Episode notes
1
Intro
00:00 • 2min
2
E. coli Outbreak and Corporate Challenges
01:48 • 9min
3
Aerospace Sector Dynamics
11:01 • 15min
4
Market Dynamics and Cultural Reflections
26:01 • 4min
5
Market Dynamics and Earnings Insights
29:41 • 15min
6
Market Movements and SPAC Performances
44:21 • 2min
7
Travel Sector Challenges and Anecdotes
45:54 • 4min
8
Caffeine, Remote Work, and Personal Anecdotes
49:31 • 2min