Campus Activism & A Real Estate Warning 04/29/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 29 April 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Elon Musk took a brief surprise meeting with Chinese Premier Li Qiang, securing tentative approval for self-driving Teslas in China. America’s college campuses are divided over the Israel-Hamas war and the U.S. involvement in it; former SEC Chairman and Ivy League educator Jay Clayton discusses the sentiment among activists and young people across the country. Retired real estate developer Bruce Ratner issues a warning for his industry. The man behind the redeveloped Times Square and Downtown Brooklyn is also on the board of Memorial Sloan Kettering, and he’s pushing for early cancer detection in his new book. Plus, regulators seized Republic First Bank in the first bank failure of 2024, and journalists are catching up on the jokes from this weekend’s White House correspondents’ dinner. Jay Clayton - 12:23 Bruce Ratner - 23:19 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.
0:09.0	Anti-Semitism rising as protests continue across American universities.
0:14.0	Ivy League Educator and former SEC Chair Jay Clayton says it's time to act.
0:19.0	Anti-semitism has deep roots on college campuses.
0:22.0	We now know that starkly. We got to do
0:24.4	something about it. And empty-ish, office buildings could be a major red flag for
0:29.8	the economy. Real estate developer Bruce Ratner, he rebuilt Times Square, has a dire
0:34.3	warning for his industry. Commercial real estate is in terrible trouble. I
0:38.0	mean you'll hear people say it's you know it's bottomed out. It's not going to bottom
0:41.0	out. Plus all the rest of today's stories that got us squawking.
0:45.0	Elon Musk made a quick trip to China, and two of our own made the trip to D.C.
0:50.0	For the White House Correspondence Dinner.
0:52.0	Bum, I'm not getting the laugh.
0:54.9	He got a better laugh than I did just now.
0:57.7	It's Monday, April 29, 2024.
1:00.6	Squawk Pod begins right now.
1:03.0	Stand back you by in three, two, one, queue please.
1:08.0	Good morning everybody.
1:09.0	Welcome to Squackbox right here on C NBC.
1:12.0	We are live from the NASDAQ market site in
1:13.9	Times Square I'm Becky quick along with Joe Kernan and Andrew Ross
	...

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