Bowl Game Revenues & NOLA’s Resilience 01/03/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 3 January 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Bourbon Street in New Orleans has reopened with a heavy police presence after the New Year’s Day attack that killed 14 people. Walter Isaacson, a Tulane University professor and New Orleans resident, weighs in on the city’s resilience. Next, college football’s inaugural 12 team playoff brought a revenue surge to college sports. Sports Business Journal editor Abe Madkour discusses the blowouts and the tweaks that may come next season. Plus, President Biden has officially blocked Nippon Steel’s $14.9 billion effort to buy U.S. Steel, a U.S. appeals court struck down the FCC’s landmark net neutrality rules, and the U.S. surgeon general issued a warning officially linking alcohol to cancer. Walter Isaacson - 10:02 Abraham Madkour - 24:18 In this episode: Walter Isaacson, @WalterIsaacson Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	New Orleans facing fear in the wake of a New Year's Day violent attack that killed 15.
0:14.0	Native son Walter Isaacson on the city's ability to bounce back.
0:18.0	The word resilience is not necessarily the first adjective you want to have in life, but
0:23.0	it's not the last adjective either.
0:25.6	And the awareness we should all have of a dangerous world.
0:28.8	We can't quit going to Times Square.
0:30.8	We can't quit going to the Antoine's for New Year's Eve.
0:35.2	It's not just the Big Ten anymore.
0:37.4	The expanded and increasingly professionalized college
0:40.8	football playoff season, Abe Madcore of the Sports Business Journal on the money on and off
0:45.8	the field.
0:46.8	I think they'll make some tweaks going forward, but all in all, a very good inaugural season.
0:53.5	Plus, President Biden with a last-minute block of the sale of U.S. steel to Japan's Nipon,
0:58.0	alcohol is linked to cancer, officially, and a federal court has struck down net neutrality
1:04.0	rules designed to level the digital content playing field.
1:07.0	I wonder what the impact will be for a Netflix or someone who has been able to have so much usage. It's Friday. Finally, January 3rd, 2025, SquawkPod begins right now.
1:20.3	Stand back you by in three, two, one. Cue, please.
1:25.1	Good morning, everybody, and welcome to Squawk Box right here on CNBC.
1:29.3	We are live from the NASDAQ market site in Times Square.
	...

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