Danny Meyer’s Restaurant Closures; Biotech Bets on Anti-Aging; Elon Musk’s $11B Fair Share

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 22 December 2021

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

In light of rising Covid-19 cases in New York, restaurateur Danny Meyer has made the call to temporarily close a number of establishments owned by his company, Union Square Hospitality Group. Meyer discusses a new vaccination policy that he hopes will help keep staff and patrons safe. As founder of Shake Shack, Meyer also weighs in on the french fry shortage, as well as the superior fry shape. Biotechs aiming to increase our lifespans and reverse aging-related diseases have garnered billions from interested--and high profile--backers in tech. Co-founder and CEO of Cambrian Biopharma James Peyer discusses “longevity biotech,” preventing Alzheimer’s at the cellular level, the causes of hair loss, and how much red wine is enough red wine. Plus, Elon Musk wants credit for paying his taxes, Sen. Elizabeth Warren (D-MA) is drumming up passion among her supporters (again), and supply chain issues are hitting everything from at-home Covid tests to french fries and the toy shelves. In this episode: Danny Meyer, @dhmeyer James Peyer, @JamesPeyer 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.
0:04.0	This is Squawk Pod. I'm C. M.C. producer Katie Kramer,
0:08.0	today on our podcast.
0:10.0	Demand for COVID testing surging as the omicron variant upends holiday plans.
0:15.3	I don't want to go stand in a line right now.
0:18.0	With a bunch of people who think they have COVID.
0:19.7	Right, I know.
0:20.8	Restiratur and Shake Shack founder Danny Meyer on the virus variant closing doors.
0:26.0	Hospitality is a team sport.
0:27.7	It's kind of like putting on a play on Broadway or playing a basketball game.
0:31.8	If you can't feel the full healthy team, you're going to have to hit pause.
0:36.0	How to live forever, or a long time, at least, biotech entrepreneur James Pire.
0:42.0	As our population gets older and more frail,
0:45.7	keeping people in their 60s, 70s, and 80s,
0:48.6	healthy and productive,
0:50.3	it should be one of our greatest societal goals.
0:53.0	And Elon Musk says he's hit a 10% target of selling Tesla shares and avoiding a tax bill.
0:59.0	That news hit close to home.
1:00.0	Nobody sends me a thank you card when I pay my taxes every year.
1:04.6	It's Wednesday, December 22nd, 2021.
1:07.6	Squawk Pod begins right now.
1:09.8	Stand Becky by in three, two, one, cure please.
	...

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