More #SquawkPod: @johnhopebryant has partnered with corporations to provide financial coaching for employees. $DAL CEO Ed Bastian discusses the impact on his own employees and how the airline is dealing with #DeltaVariant. LISTEN: Link https://t.co/CEHeYVwEcm
Squawk Box Tue 03 Aug 2021 21:00After 17 months and three vaccines, Covid cases continue to tick up, even in the U.S. Senate. Operation Hope Chairman and CEO John Hope Bryant offers a progress report of his nonprofit’s efforts to alleviate financial strain on American workers amid the pandemic; he’s partnered with various U.S. corporations to provide financial coaching to employees. Delta CEO Ed Bastian attests to the impact this initiative has had for his own employees. Bastian also discusses maintaining Delta workers’ physical wellbeing with vaccination policies for passengers. Plus, China is cracking down on video games, and Pepsico is shelving its juices.
- Today's #SquawkPod: Covid cases and hospitalizations continue to tick up. @johnhopebryant talks the progress his nonprofit @OperationHOPE has made to alleviate financial strain on American workers amid the pandemic. LISTEN: Link https://t.co/lYjgQ9c8LX Squawk Box Tue 03 Aug 2021 17:50
After 17 months and three vaccines, Covid cases continue to tick up, even in the U.S. Senate. Operation Hope Chairman and CEO John Hope Bryant offers a progress report of his nonprofit’s efforts to alleviate financial strain on American workers amid the pandemic; he’s partnered with various U.S. corporations to provide financial coaching to employees. Delta CEO Ed Bastian attests to the impact this initiative has had for his own employees. Bastian also discusses maintaining Delta workers’ physical wellbeing with vaccination policies for passengers. Plus, China is cracking down on video games, and Pepsico is shelving its juices.
- "I personally thought the entire lockdown for such a long time last year was a policy error. I think the costs outweigh the benefits. I'm worried that there may be similarly an overreaction this time," says Strategas' Jason Trennert on #DeltaVariant economic impact. https://t.co/uRqLYLiPAo Squawk Box Tue 03 Aug 2021 13:04
- "It's very difficult for us to come in and mandate a vaccine that isn't even federally approved yet--the authorization hasn't been final yet," says $DAL CEO Ed Bastian. "We are continuing to encourage as much as we can amongst our own people and our customers to get vaccinated." https://t.co/nfilWvSb7s Squawk Box Tue 03 Aug 2021 12:49
- "You need to be vaccinated to get into an international border. I expect as those borders continue to open you are going to see more and more of those requirements," says $DAL Ed Bastian on vaccine mandates. "Here in the U.S. I don't think it's necessary." https://t.co/qocGsWxNNo Squawk Box Tue 03 Aug 2021 12:49
- "We brought people in from @OperationHope--people are starting to regain hope and confidence that they can handle whether addressing credit score, taking on debt levels, ensuring they have a future they can plan on," says $DAL CEO Ed Bastian on financial coaching partnership. https://t.co/SjAHcS4Ij3 Squawk Box Tue 03 Aug 2021 12:44
- "We are asking CEOs and the government to treat this like they did health wellness 10 years ago or health care 20 years ago or the right to vote 70 years ago," says @johnhopebryant on financial literacy. "Embed this into your business plan." https://t.co/PKxbkk2GtG Squawk Box Tue 03 Aug 2021 12:39
- "I was invited but I couldn't go ... I did call Senator Graham yesterday. My sense is he is doing fine and his symptoms are not severe," says @senrobportman on Sen. @LindseyGrahamSC testing positive for #covid19. "I got tested yesterday too ... I came back negative." https://t.co/1HKK8zuDhD Squawk Box Tue 03 Aug 2021 12:24
- "Every economic analysis we've seen says the same thing which is if we do this over the next 5, 10, 15, 20, 30, 40 years this is going to help our economy in significant ways ... every President in modern times has tried to do this," says @senrobportman on #infrastructure. https://t.co/F14crRni1m Squawk Box Tue 03 Aug 2021 12:24
- "We have more confidence in the outlook for oil and gas prices over the medium term," says $BP CEO Bernard Looney. "We do see robust demand, vaccines are working in the main oil consuming regions of the world--China, EU and the U.S." https://t.co/n9eMdx5yh3 Squawk Box Tue 03 Aug 2021 12:19
- "As the business performs better, as the balance sheet gets stronger and the environment strengthens, investors will reap the benefits of that," says @bp_plc CEO Bernard Looney on the latest quarter $BP. "At $60 [price of oil] we can do about $1B per quarter of buybacks." https://t.co/PYqQiVNR99 Squawk Box Tue 03 Aug 2021 12:14
- China gaming stocks are tanking following a critical state media report @onlyyoontv reports: https://t.co/GilAcGt2WH Squawk Box Tue 03 Aug 2021 11:54
- Is President Biden's "Honeymoon" over? @steveliesman shares findings from the latest All America survey: https://t.co/zUF04zzJl4 Squawk Box Tue 03 Aug 2021 11:49
- "This is not just the Olympics. Consumers are spending a lot less time watching TV domestically and around the world. That's the real challenge all of these companies are facing and that's why they're pushing so hard into streaming," says @RichLightShed on the battle for content. https://t.co/oyDl64msiT Squawk Box Tue 03 Aug 2021 11:44
- "Diabetes is our biggest area followed by oncology and immunology," says $LLY CEO David Ricks. "A lot of investors are interested in what is happening with the Lilly program for Alzheimer's...we stated in Q2 we are going to submit that this year for approval at the FDA." https://t.co/WC6yTbTehM Squawk Box Tue 03 Aug 2021 11:34
- "We are very new in cycle with a lot of new medicines in those diseases growing pretty rapidly," says Eli Lilly CEO David Ricks. "Revenue up 23% for the quarter is a big number." $LLY https://t.co/k77NGrZnEZ Squawk Box Tue 03 Aug 2021 11:34
- "A #crypto ETF would certainly be the jewel in crypto's crown. But I don't think we're going to see an approval of an ETF anytime soon," says @KMSmithDC on SEC and Gary Gensler #bitcoin. "I don't imagine he is going to approve an ETF until we see some sort of regulatory regime." https://t.co/KG14gOFwll Squawk Box Tue 03 Aug 2021 10:59
- "We're expecting still that another big bump will come in that September timeframe as schools get back," says @Paychex CEO Marty Mucci on hiring. "Right now it still looks like job growth is really rebounding very strongly for small businesses and we do expect that to continue. https://t.co/bbuEOBWwhn Squawk Box Tue 03 Aug 2021 10:59
- Back to School season is around the corner. There are certain circumstances including COVID that can derail a student's semester @sharon_epperson explains one way families can try to protect their investment: https://t.co/QZvOyN3kY7 Squawk Box Tue 03 Aug 2021 10:49
- "Investors have just become a little too complacent, and every time there's a 1% pullback people dive in," says financial expert @Sarat_Sethi on the current state of the bull market. https://t.co/PgBwOhExhm Squawk Box Mon 02 Aug 2021 14:38
- "At the end of the day, it's very simple. No one is going to compete with @amazon," says @LoupVentures Managing Partner @munster_gene on why $AMZN is one of his top picks. https://t.co/ub7aAUnAvG Squawk Box Mon 02 Aug 2021 13:13
- .@JimCramer reacts to $SQ buying Australian company Afterpay for $29 billion: https://t.co/z9asd88Unh Squawk Box Mon 02 Aug 2021 12:58
- Calling all good guys! the US government has a big problem: not enough cyber defenders to keep up with the recent surge in hacks. @EamonJavers reports: https://t.co/UcqCfcqGo0 Squawk Box Mon 02 Aug 2021 12:48
- "You could have a $10 trillion infrastructure bill, and if you don't fix the broken permitting system in America, you're not going to be able to deploy this capital," says @SenDanSullivan on voting on the bipartisan senate infrastructure plan. https://t.co/l3HYuNzOVl Squawk Box Mon 02 Aug 2021 12:38
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