Building a New Normal: Police Reform & FreshDirect

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 1 July 2020

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

AT&T Executive Chairman and Business Roundtable Chairman Randall Stephenson reveals how the BRT’s coalition of 200 CEOs are thinking about calls to defund the police. He shares AT&T’s vision and action plans for a diverse and equitable workplace. FreshDirect CEO David McInerney discusses the grocery delivery boom throughout the pandemic and how the food landscape may be forever altered.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our
0:05.9	podcast, Building the New Normal, from safety on our streets to food in our
0:10.7	fridges. America's CEO's answering calls for change from their
0:15.1	employees. AT&T Executive Chairman Randall Stevenson. Never in my career
0:20.2	experienced anything like what I've experienced over the last three weeks.
0:25.0	And how the business roundtable, the mouthpiece for the C-suite, is thinking about calls to defund the police.
0:31.0	Does policing need to change? Yes. I think the data is in and the answer is yes.
0:37.5	We're going to have to think what do we want the police force to do? Where should they be
0:41.7	involved? Today we have them involved in issues
0:44.4	ranging from mental health to addiction. Should they be there?
0:48.0	Plus the essential work of grocery delivery is booming due to COVID-19,
0:53.0	Fresh Direct CEO David McInerney.
0:55.4	The demand has been tremendous.
0:57.3	It started in late February, early March,
1:01.4	and it's just in, know frankly intensified throughout this entire period.
1:07.0	It's Wednesday July 1st 2020 halfway down.
1:11.0	Squawk Pot begins right now.
1:14.0	Good morning everybody.
1:15.2	Welcome to Squawk Box here on C.
1:17.8	I'm Becky Quick, along with Joe Kernan and Andrew Ross
1:20.0	Sorokin, and welcome to July, everybody. This is the first day of the second half of the year
1:25.4	markets just had their best three months in decades the Dow saw its best quarterly performance since
	...

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