Coca-Cola CEO; NJ Governor on Reopening: Data Determines Dates

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 21 May 2020

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

New Jersey is reopening its beaches just in time for Memorial Day Weekend. New Jersey Governor Phil Murphy explains his state’s strategy for getting back to business as the pandemic wages on. Plus Coca-Cola sales shrunk as restaurants, offices, and other away from home channels closed their doors. CEO James Quincey shares how Coca-Cola is attempting to make up for the lost business, and how he’s gauging consumer trends during the pandemic and beyond. Plus, how are you looking after your hair...and your home in isolation? The Squawk team reveals their methods for working from home, from Mr. Vacuum and Mr. Laundry to at-home hairdressing.

Transcript

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0:00.0	This is Squawk Pod. I'm the
0:03.2	the NBC producer Katie Kramer today on our podcast.
0:06.0	Memorial Day weekend is just about here. New Jersey Governor Phil Murphy
0:10.0	has opened up the state's beaches just in time but with caution.
0:13.5	I want to open up as much as anybody.
0:15.4	Trust me.
0:16.2	Want to get folks back to work as fast as possible.
0:18.8	But if we screw up the public health piece,
0:21.2	none of that will happen.
0:22.8	And Coca-Cola CEO James Quincy on the spending of the global consumer.
0:27.0	The economic impact of the lockdown is just starting to begin, and we do see a protracted adjustment coming along.
0:34.0	It's Thursday, May 21st, 2020, Squawk Pot begins right now.
0:39.0	Good morning, everybody.
0:40.0	Welcome to Squawk Box here on CMBC.
0:42.0	I'm Becky Quick, along Joe Kernan and Andrew Ross
0:45.2	Sorkin. Memorial Day weekend has just about arrived and
0:49.4	Americans are ready to assume some sense of summer normalcy, including heading to the beach.
0:55.0	New Jersey has slowly been green lighting parks and non-essential businesses as part of its reopening plan.
1:00.0	And now, just in time for the unofficial start of summer, the Jersey Shore is back as well.
1:05.0	New Jersey is one of the state's hardest hit by the coronavirus pandemic with the death toll now over 10,000.
1:11.0	And that hits close to home for many of the Squackbox team as you'll hear
1:14.9	Joe and Becky both live in the Garden State and as you might know see NBC
	...

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