AstraZeneca U.S. President & Well-being on Wall Street

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 22 March 2021

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

AstraZeneca has unveiled new data on its Covid-19 vaccine, revealing that it’s 79% effective at preventing symptomatic cases. CNBC’s Meg Tirrell explains the news, and AstraZeneca U.S. SVP and President of the Biopharmaceuticals Business Unit Dr. Ruud Dobber shares details and implications from the new study. Some of Wall Street’s junior bankers are banding together to shine a light on the 100 hour work weeks taking a toll on their physical and mental health. New York Times reporter Kate Kelly and Vanity Fair special correspondent William Cohan discuss the generational divide on Wall Street, from work ethic to work-life balance. The wealthiest Americans are finding ways to avoid their taxes, ARK’s Cathie Wood has a new price target for Tesla, and the Kernens are betting on their (individual) basket brackets. Plus, happy 90th birthday William Shatner!

Transcript

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0:00.0	This is Squawk Pod. I'm CIMBC producer Cameron Costa. Today on our podcast
0:06.7	AstraZeneca out with efficacy data for its COVID vaccine, President of
0:11.6	AstraZeneca US, Dr. Rood Dobber.
0:14.7	We are thrilled by the results we have disclosed this morning.
0:18.0	79% efficacy against symptomatic COVID-19 but I think equally very important 100%
0:24.9	protection against severe disease and hospitalization. And Wall Street's
0:29.9	rookies are speaking up. 100-hour work weeks are taking their toll on junior bankers, but
0:35.8	veteran financiers have little sympathy. Vanity Fair's William Cohen.
0:40.8	We all had these thoughts and we all thought we were working too hard.
0:44.1	That's just the way it is and we didn't really say anything.
0:47.1	And Kate Kelly from the New York Times.
0:49.3	You know this is the nature of entry-level banking and I'm not certain that it's going to change. Those stories
0:54.8	plus another birthday for the ageless William Schatner, a new price target for
0:59.8	Tesla stock and of course some March Madness updates.
1:03.4	I was betting on the opposite of my bracket picks and that was starting to work.
1:09.4	Smart.
1:11.2	It's Monday, March 22nd, 2021.
1:14.3	Squack Pod begins right now.
1:17.2	Hey, good morning everybody.
1:18.4	Welcome to Squack's here on the NBC.
1:20.6	I'm Becky Quick, along with Joe Carnin.
1:22.2	Andrew is off this week.
	...

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