A Farm, a SPAC, & Martha Stewart; Airline Bailouts; $2.2 Trillion

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 29 September 2020

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

At-home expert, mogul, and pandemic-Instagram pro Martha Stewart is cultivating her commitment to a cleaner planet with AppHarvest, an agricultural tech startup hoping to revolutionize the farming industry. AppHarvest CEO Jonathan Webb discusses the company’s news to go public via SPAC, and Martha Stewart underscores the value of the startup’s mission to make food production more efficient and sustainable. CNBC’s Phil LeBeau reports that funding for airline workers expires on September 30th, and Airlines for America CEO Nicholas Calio makes his case for why the industry needs a bailout. Plus, Democrats have proposed a $2.2 trillion stimulus package, Nikola founder Trevor Milton is facing another scandal, and global coronavirus fatalities have reached 1 million.

Transcript

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0:00.0	This is Guacapod. I'm C. NBC producer Katie Kramer today on our podcast.
0:07.0	Two big numbers, 2.2 trillion, that's the dollars proposed by House Democrats for another round of stimulus aid and 1 million
0:14.4	plus dead from COVID-19 around the world while the US government warns of continued
0:19.5	infection hitting the holiday season.
0:21.5	The CDC said avoid the turkey trap road races and
0:26.2	parades anyway airlines. Airlines facing hard choices as key federal aid
0:31.1	expires the head of the Trade Group Airlines for America.
0:34.6	Here we have a once in a lifetime pandemic that is nobody's fault and the government needs to respond differently
0:40.5	to this than they did to the financial crisis.
0:43.0	And the latest company going public via a SPAC,
0:46.0	agriculture startup at Harvest.
0:48.0	We're on a war path here to change agriculture for the good.
0:51.0	Maybe we should call it Martha Spack because guess who sits on
0:54.4	the board none other than Martha Stewart. I want to see what can happen with this
0:58.7	technology. I think it's just a brilliant step in the right direction for the future of our country.
1:04.8	This is a very fun for me project but also a very serious project.
1:09.5	Those stories and more today plus... Who are we, France France the latest on the international luxury market
1:15.4	It's Tuesday September 29th 2020 post pandemic I cannot wait post-pandemic.
1:24.0	Squawk Pot begins right now.
1:27.0	Good morning everybody.
1:28.0	Welcome to Squawk Box here on C.
1:30.0	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorck and Andrew welcome back.
	...

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