Boeing’s CEO Dennis Muilenburg is Out, “Star Wars: The Rise of Skywalker” hauls $176 million, Tesla Closing in on 420
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 23 December 2019
⏱️ 56 minutes
🧾️ Download transcript
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| 0:00.0 | Market Moving Insight and Analysis. |
| 0:02.0 | Join Jim Kramer, David Faber and me, Carl Cantonia, |
| 0:05.0 | on the opening bell hour of CNBC Squawk on the Street. |
| 0:12.0 | We are going to watch that. Good Monday morning. |
| 0:14.0 | Welcome to Squawk on the Street. |
| 0:16.0 | I'm Carl Cantonia with David Faber, the New York Stock Exchange. |
| 0:18.0 | Kramer has the morning off this hour. |
| 0:20.0 | Jim Stewart, Pulitzer Prize winning columnist with The New York Times, a CNBC contributor, the author of Deep State, Trump, the FBI, and the rule of law, is with us for the hour. It's great to have you, Jim. Good, good to be here. Futures are up on a holiday shortened week. Closed Wednesday, obviously, for Christmas. A shortened session tomorrow. |
| 0:35.8 | And we are going to watch this news, |
| 0:37.8 | whatever it is, as it is halted currently for news pending, comes on the heels, guys, of this |
| 0:43.3 | front page story in the Times today, titled Boeing's Leader Deepens a Crisis, which basically |
| 0:49.5 | says a couple different things. One is that he was dressed down by the FAA chief earlier in the |
| 0:54.0 | year, |
| 0:54.4 | told not to ask for any favors, and says that the halt of production of the Max, in their words, |
| 1:00.5 | is one of the most consequential decisions in the company's 103-year history. We don't know what |
| 1:06.9 | this news is, Jim, but it probably wouldn't surprise many people if it involved Mullenberg's tenure. |
| 1:11.6 | No, I don't think so. |
| 1:12.6 | I mean, first of all, that story that reported tensions between him and the head of the FAA, |
| 1:17.6 | I mean, his top priority has got to be getting along with, charming, and sharing, I mean, |
| 1:25.6 | totally transparent with the regulators. |
| 1:26.6 | I would have thought that would |
| 1:27.7 | have been crystal clear the day of the first crash. So how did it reach that juncture where he's, |
... |
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