Squawk Pod

Sen. Ron Johnson, U.S. Senator from Wisconsin, shares insights on his Eliminate Shutdowns Act aimed at preventing future government shutdowns while discussing the need for budget reform and healthcare policy. Andrew Robertson, Chairman of BBDO Worldwide, delves into his book, The Creative Shift, emphasizing how organizations can cultivate creativity. They explore the need for nurturing innovative environments, the risks of bold campaigns, and how to sustain creativity into adulthood. Exciting topics, thoughtful discussions, and fresh perspectives await!

Discover the latest in market news! President Trump proposes hefty tariffs on pharmaceuticals and trucks, sparking debates on their economic impact. Costco impresses with earnings by launching Kirkland alternatives to tackle tariff costs. Meta introduces ad-free pricing options in the UK, matching their earlier EU move. In a surprising turn, Amazon agrees to a $2.5 billion settlement with the FTC over Prime membership issues. Tune in for insightful analysis on these hot topics!

The looming threat of federal layoffs if Congress fails to fund the government sparks discussion on vital health care tax credits. Kodiak Robotics makes its Nasdaq debut, showcasing plans for pioneering driverless trucking and the technology behind their autonomous vehicles. Meanwhile, the Trump administration slashes the price of a fast-tracked residency visa, stirring interest from wealthy foreigners. Key insights into consequences for merit-based immigration and ongoing national security investigations into robotics also emerge.

Robert Davis, Chairman and CEO of Merck, shares insights on the FDA's approval of Keytruda's new injectable formulation, emphasizing its convenience and potential patient benefits. He discusses Merck's pricing strategy and commitment to ensuring access without hindering adoption. Meanwhile, media reporter Matt Belloni dives into the Jimmy Kimmel controversy, exploring its implications for late-night TV and the dynamics between networks and affiliates, particularly focusing on issues of free speech and contractual obligations.

Micron has reported quarterly results that surpass expectations, fueled by a surge in AI demand. In political news, President Trump has canceled a crucial meeting with top Congressional Democrats amid fears of a government shutdown. The GSA is considering rehiring federal workers affected by cost-cutting measures initiated during Elon Musk’s tenure. Meanwhile, Disney has announced a price increase for its streaming service Disney+. Lastly, fintech giant Stripe's valuation has soared above $106 billion.

In this insightful chat, tennis legend Roger Federer shares his journey as a 20-time Grand Slam champion and co-founder of the Laver Cup. He discusses innovative brand partnerships with leading companies like Nike and ON, and the evolving landscape of on-court fashion. His agent, Tony Godsick, reveals the Laver Cup's growth and introduces the role of AI in tennis through Perplexity. The duo even hints at the possibility of a seniors tour featuring Federer and Rafael Nadal, igniting excitement among fans for future events.

Kevin Mayer, the former CEO of TikTok and Disney executive, explains TikTok's U.S. strategy and the challenges of data privacy amid concerns over Chinese influence. He also shares insights on Disney’s recent decisions about Jimmy Kimmel’s show. Hemant Taneja, CEO of General Catalyst, advocates for a shift in Silicon Valley towards more intentional building, especially in AI. He discusses the energy demands of AI, proposed changes to H-1B visas, and the importance of attracting global talent to keep the U.S. competitive.

In the aftermath of Disney-owned ABC’s choice to take Jimmy Kimmel’s show off the air “indefinitely,” New York Times columnist James Stewart discusses the FCC’s pressure on the company and whether it played a role in Disney CEO Bob Iger’s decision. Senator Chris Coons (D-Delaware) also discusses the wide-ranging reactions to Charlie Kirk’s death, including the relationship between rhetoric and violence in America. Senator Coons also discusses the looming government funding deadline, rising support for a Palestinian state, and mitigating America’s housing affordability crisis. As President Trump and Chinese President Xi negotiate the future of TikTok U.S., details of investors and ownership are emerging. Plus, President Trump announced plans to impose a $100,000 fee on H-1B visas, which are critical to America’s tech and innovation ecosystem. CNBC’s Robert Frank reports on a separate program to offer luxury U.S. visas. Robert Frank - 17:05Senator Chris Coons - 21:12Jim Stewart - 38:11 In this episode:Chris Coons, @ChrisCoonsJim Stewart, @JamesStewartNYTRobert Frank, @robtfrank__Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

The 5 things you need to know before the stock market opens today:  Senate minority leader Sen. Chuck Schumer is urging President Trump to meet with Congressional Democrats to avoid a government shutdown, the parent company of Saks is looking to sell a stake in Bergdorf Goodman, a group of U.S. lawmakers are making a visit to China, Porsche has slashed its 2025 profitability outlook, and a civil trial begins this week to whether Amazon’s Prime service is too tough to cancel. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Walmart's ambitious shift to a digital marketplace has uncovered a web of counterfeit products and fraudulent sellers. Companies like Demos Pizza and Thermo Fisher have had their identities hijacked to sell dangerous knockoffs. Rapid growth put intense pressure on seller vetting processes, leading to leniency and increased scams. Consumers are warned about counterfeit supplements, and experts describe the marketplace as a 'Wild West.' In response, Walmart is tightening its product vetting and collaborating on anti-counterfeit initiatives.