Corporate Responses to Minneapolis 1/27/26

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 27 January 2026

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

New York City Mayor Zohran Mamdani faces his first major test as a massive snowstorm hits the city. Partnership for New York City President and CEO Steven Fulop, in his first TV interview since taking the helm, discusses the outlook for business in New York under Mamdani’s leadership. Then, after 60 executives of Minnesota-based companies co-signed a letter calling for calm in Minneapolis, former chairman and CEO of Minnesota-based Medtronic Bill George weighs in the corporate response to the fatal shootings of U.S. citizens at the hands of ICE. George discusses the difficult balance between maintaining a relationship with the Trump administration and prioritizing their business interests. Plus, India and the European Union have reached a trade deal, and Corning landed a $6 billion AI infrastructure contract with Meta. Steven Fulop - 09:29 Bill George - 21:43 In this episode: Bill George, @Bill_George Steven Fulop, @StevenFulop Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music, please.
0:04.3	This is SquawkPod, and I'm C&C producer Cameron Costa.
0:08.7	On today's episode, Minnesota businesses calling for calm in Minneapolis after the second fatal shooting of a U.S. citizen.
0:17.6	Former chairman of Minnesota-based Medtronic, Bill George.
0:21.7	This is very negative for every one of their businesses.
0:25.0	The cost of silence and the power of the C-suite in politics.
0:30.2	I think it is the tipping point in Minnesota.
0:32.4	I think the president, being a businessman, has trouble ignoring all 60 CEOs.
0:38.3	From Minneapolis to New York, Mayor Mamdani is almost a month into his administration,
0:44.3	new partnership for New York President and CEO Stephen Fulop on the mayor's relationship with Wall Street.
0:51.3	If you look at kind of New York City, it's a very fragile environment right now,
0:55.4	and I think it's important for us to be engaged.
0:58.4	But first, META's new deal for fiber optics, antitrust scrutiny on a big media deal,
1:05.0	and after two decades of negotiations, India and the European Union have reached a free trade agreement.
1:11.8	Plus, President Trump is threatening higher tariffs for South Korea.
1:16.5	Officials in Seoul saying the announcement caught them by surprise.
1:20.9	It's Tuesday, January 27, 2026, and SquawkPod begins right now.
1:27.3	Stand Becky by in three, two, one.
1:30.2	Cure, please.
1:32.7	Good morning, everybody.
1:34.1	Welcome to Squackbox right here on CNBC.
1:36.9	We are live from the NASDAQ market site in Times Square.
	...

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