BET’s Bob Johnson; Tesla’s Refunds; Target’s Makeup Counters

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 10 November 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In the wake of Pfizer’s positive vaccine news, markets are rallying on hopes of a light at the end of the pandemic tunnel. BET and RLJ Companies founder Bob Johnson is relieved by the news but looking ahead; he discusses the pandemic’s disproportionate impact on Black Americans, and shares his vision for narrowing the racial health and wealth gap under a new administration. Plus, Target has entered a deal with Ulta Beauty, Amazon is in hot water in the EU, and Tesla is making up for defective computers in some of its vehicles.

Transcript

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0:00.0	This is Squawk Pod. I'm the NBC producer Katie Kramer. Today on our
0:06.3	podcast vaccine hopes are high markets are high and the
0:10.4	Squawk box anchors have the spirits to match.
0:13.0	You want the arm shot or the butt cheek shot, Andrew.
0:15.0	Which would you prefer?
0:17.0	B.E.T. founder Bob Johnson says a vaccine is good news for black Americans in particular,
0:22.0	but the racial health and wealth gaps in this
0:24.1	country are still tied together. Once health care is solved economic care still remains
0:30.0	a problem for black America. Plus Amazon is in some hot water in the EU,
0:35.0	Tesla's providing refunds and Andrew Ross Sorkin might be doing a target run
0:40.0	to resupply his makeup kit.
0:42.0	Max C5, that's my color.
0:44.7	It's Tuesday, November 10th, 2020,
0:46.9	Squawk Pod begins right now.
0:49.6	Good morning, everybody.
0:50.7	Welcome to Squawk Box right here on CMBC. I see mbicky along with Joe Cronin and Andrew Ross
0:55.6	Sorkin.
0:56.4	First up today on the podcast coronavirus cases
1:01.4	topped 10 million in the United States on Monday just days
1:04.7	after reaching 9 million. States like Minnesota, South Dakota, New Mexico, West
1:10.0	Virginia, and Idaho all hit new highs in average daily deaths as 20 states
1:15.1	reported new highs in hospitalized patients. But in this very dark picture there
	...

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