Death of the Blue Checks, Disney vs. DeSantis and CEOs Around the World 04/21/23

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 21 April 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Treasury Secretary Janet Yellen has called for a “constructive” and “healthy” relationship between the United States and China, in spite of conflicting national security interests. Former Xerox CEO Ursula Burns and West Exec Advisors co-founder Michele Flournoy discuss the fine line that corporate leaders must walk to do business globally. Twitter has finally implemented a previously announced removal of blue check marks. The change means that only paying Twitter Blue subscribers will retain a blue check mark next to their name. Disney is telling its lobbyists to step up its fight against Florida Governor Ron DeSantis and his GOP allies by targeting land use related bills that could hurt the company. Plus, Buzzfeed is laying off 15% of its staff and police in Canada are investigating a gold heist valued at around $15 million from Toronto’s Pearson airport. In this episode (no blue check marks here!): Michèle Flournoy, @micheleflournoy 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.
0:08.0	The tricky fine line leaders of global businesses walk,
0:13.2	former Xerox CEO Ursula Burns.
0:15.6	In the United States, China is probably the top issue
0:18.8	that businesses are dealing with, boards and CEOs are dealing with.
0:22.4	And former Defense Department official,
0:24.2	Michelle Flournoy.
0:25.4	You've got to work with each business
0:27.5	has to really do an assessment of what
0:30.0	are their supply chain vulnerabilities,
0:32.2	their dependencies.
0:32.9	dependencies. China always on our minds.
0:35.1	Even if you don't have a business center in China.
0:38.3	It's an area of high interest and high concern.
0:41.0	And at the end of this long week the rest of the stories that got us squawking
0:46.2	Florida Florida. Florida. It's bipartisan now. Nobody likes this. The SpaceX
0:52.2	successful failure.
0:54.0	Watch it burn. It's nothing compared to what happened with Tesla shares yesterday.
0:58.0	And...
0:59.0	We're all naked, is that it? And in terms of blue...
1:02.0	I'm wearing clothes. Yeah, you are, but in terms of blue? I'm wearing clothes.
	...

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