Squawk Pod

Boeing CEO Dave Calhoun will step down at the end of 2024. After a tumultuous year for the company, Boeing is shifting leadership: board chair Larry Kellner will resign, as well as president and CEO of Boeing Commercial Airplanes, Stan Deal. Calhoun sits down with CNBC’s Phil LeBeau, in his first interview after the announcement. In a wide ranging conversation, the outgoing Boeing CEO explains the company culture and the tug between quality and quantity on the Boeing manufacturing line. The EU has launched a probe into Meta, Apple, and Alphabet. Author Walter Isaacson discusses allegations of anti-competitive behavior and regulations’ potential benefits for consumers. Plus, the FAA is boosting scrutiny on United Airlines, and Congress averted a government shutdown–for now.  Walter Isaacson - 10:15Phil LeBeau - 22:11Dave Calhoun - 28:04 In this episode:Phil LeBeau, @LebeaucarnewsJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer: @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Reddit, after 19 years, is a public company. After listing on the NYSE, shares of the social media platform popped, pushing the market cap to $9.5B. The company offered some of its users and moderators an opportunity to buy into the IPO, but CNBC.com reporter Jonathan Vanian explains that many chose not to do so. In a conversation exclusive to Squawk Pod, Vanian recounts the long, complicated road to a Reddit debut, and he looks ahead to the risks that remain in the tenuous dynamic between Reddit leadership and moderators with a history of revolt. One of those moderators, Courtnie Swearingen, co-led a Reddit moderator protest in 2015 and explains her hopes and concerns for Reddit’s future. CNBC’s Kate Rogers explains the productivity gap in this work-from-home era, and CNBC’s Steve Kovach explains the Department of Justice’s antitrust lawsuit against Apple. Plus, airline CEOs want a meeting with Boeing’s board–but not with its CEO. Kate Rogers - 16:41Jonathan Vanian - 24:22Courtnie Swearingen - 29:05 In this episode:Jonathan Vanian, @JonathanVanianJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Federal Reserve held interest rates steady this week, signaling a plan to cut rates multiple times this year. Economist and Allianz and Gramercy advisor Mohamed El-Erian explains the Fed’s dovish stance and its implications for the markets. As the government shutdown deadline looms, lawmakers have released a $1.2T spending bill. Speaker Mike Johnson (R-Louisiana) discusses the bill, funding for Israel, the US deficit, and the difficulties of a divided Congress. The Department of Justice has sued Apple, alleging the company’s anti-competitive practices extend beyond its hardware products. CNBC’s Steve Kovach explains Apple’s business strategy and regulatory hurdles. Plus, Elon Musk’s Neuralink has landed a big win.  Mohamed El-Erian - 04:23Rep. Mike Johnson - 16:19Steve Kovach - 31:25 In this episode:Mike Johnson, @SpeakerJohnsonJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer: @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Election season brings concerns of disinformation, interference, and deep fakes. Former Chief Security Officer of Facebook and current SentinelOne Chief Trust Officer Alex Stamos shares his biggest concerns for voters and democracy this year. A government shutdown looms once again, over lawmakers; CNBC’s Emily Wilkins discusses the spending bills that Congress still needs to pass before the deadline. Also in DC, the Biden administration will give Intel up to $8.5B in direct funding for computer chips in four states. Plus, Chipotle is moving forward with a 50-for-1 stock split, and happy International Day of Happiness! Harvard Professor and host of “How to Build a Happy Life” Arthur Brooks shares his tips for living better.  Emily Wilkins - 14:09Alex Stamos - 20:56Arthur Brooks - 30:44 In this episode:Arthur Brooks, @arthurbrooksJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer: @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nvidia has unveiled its newest generation AI chip: the Blackwell GB200. At the company’s developers conference in San Jose, CEO Jensen Huang explains Nvidia’s newest (and biggest) GPUs, as well as its latest software product. Harvest Portfolio Management’s Paul Meeks discusses the new chip and Nvidia’s forward-looking strategy. The real estate industry is undergoing its biggest change in decades: the National Association of Realtors’ $418m settlement has changed the standard structure for commissions. Bravo star of “Million Dollar Listing New York” and “Sell It Like Serhant” Ryan Serhant explains the changes for buyers, sellers, and agents. Plus, filmmaker George Lucas is backing Disney CEO Bob Iger in the company’s proxy battle with activist investor Nelson Peltz. Becky Quick reports that Lucas is Disney’s largest individual shareholder.  Paul Meeks - 04:06Ryan Serhant - 14:07 In this episode:Ryan Serhant, @RyanSerhantJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple is reportedly in talks with Google to license AI model suite Gemini for iPhones. CNBC’s Steve Kovach discusses the report and the impact it could have on regulatory concerns for big tech. Palantir co-founder and tech investor/entrepreneur Joe Lonsdale shares his perspective on Reddit’s imminent IPO and on AI’s trajectory, both for economic efficiency and for sentience. Japan’s Nippon Steel plans to buy U.S. Steel for over $14B, but President Biden has spoken out against the deal. President of the U.S. Steel Union David McCall explains why he welcomes the President’s comments. Plus, the Fed kicks off its next two day policy meeting this week, and Vladimir Putin will serve another six-years as Russia’s leader.  Steve Kovach- 10:12Joe Lonsdale - 15:18David McCall - 25:56 In this episode:Joe Lonsdale, @JTLonsdaleJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Saudi Arabia is reportedly making a $1B pitch to the women’s and men’s professional tennis tours, in the Kingdom’s latest push into global sports. Coach to Coco Gauff and former tennis pro Brad Gilbert joins from the Indian Wells tournament to discuss the changes afoot for tennis. TikTok dad-ager and D’Amelio Brands co-founder Marc D’Amelio is managing risk to Dixie and Charli D’Amelio’s TikTok revenue streams as the TikTok divest-or-ban bill progresses in Congress. Plus, United Airlines is looking to Airbus, amid Boeing’s manufacturing issues, and hot inflation data could cool the pace of the Fed’s next move on interest rates.  Marc D'Amelio - 17:21Brad Gilbert - 23:44 In this episode:Brad Gilbert, @bgtennisnationMarc D’Amelio, @marcdamelioJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former Treasury Secretary Steven Mnuchin is looking at buying TikTok, after the House passed a bill pushing for Bytedance’s divestiture of the platform. Mnuchin weighs in on the social media business, the U.S. deficit, and former President Donald Trump’s vision for another 4 years in the White House. Disney is in the midst of a proxy fight with billionaire activist investor Nelson Peltz. 13D Monitor founder Kenneth Squire explains the various characters and their roles in the drama, including Ike Perlmutter, former Disney CFO Jay Rasulo, and Disney’s CEO Bob Iger. Plus, Altria is selling over $2B of its stake in AB InBev, and former CNN anchor Don Lemon’s X show is no more, after Elon Musk canceled the partnership…after he gave Lemon an interview.  Steven Mnuchin - 14:14Kenneth Squire - 34:19 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The House has passed a bill calling for Chinese giant Bytedance to divest TiKTok US or face a stateside ban. Senator Ted Cruz (R-Tex.) explains how he’ll consider the legislation once it gets to the Senate, as well as his concerns about CCP involvement in tech used in the United States. Alaska Airlines has confirmed that the plane whose door plug blew out mid-flight was scheduled for maintenance later that day. CNBC’s Phil Lebeau discusses Boeing’s 737 Max crisis and the subsequent lawsuit, flight cuts, and path forward. Plus, a report from The New York Times highlights car features that share driver behavior with insurance companies that use the data to set premiums. Former White House Chief Information Officer Theresa Payton considers the consumer data privacy issues at play.  Phil Lebeau - 02:37Sen. Ted Cruz - 17:20Theresa Payton - 32:38 In this episode:Ted Cruz, @SenTedCruzTheresa Payton, @TrackerPaytonJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ahead of the Reddit IPO, former Reddit CEO Ellen Pao discusses the platform’s reliance on Reddit users and its data-selling strategy for profitability as a public company. Plus, she weighs in on the dangers of unchecked online forums, suggesting that TikTok may be one of multiple national security risks. Also online, entrepreneur Sonny Caberwal is attempting to use social media AI algorithms for good; his app Legends builds confidence in young internet users before they develop mental health issues from negativity online. Plus, JPMorgan Chase CEO Jamie Dimon is urging the Fed to wait for a rate cut, and the FAA audit of the Boeing 737 Max production facility reportedly found “dozens of issues.” Ellen Pao - 12:44Sonny Caberwal - 23:32 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.