Dogecoin’s Epic Rise; The Gates Foundation Fortunes; Reopening New York

Squawk Pod

CNBC

News, Investing, Business, Business News

4 • 494 Ratings

🗓️ 4 May 2021

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Union Square Hospitality Group and Shake Shack founder Danny Meyer discusses the restaurant industry’s biggest challenges in getting back to normal as New Yorkers gear up for a summer reopening. Dogecoin’s market cap continues to grow, despite its “funny” origins, and the philanthropic community wonders what’s next for the Bill and Melinda Gates Foundation. CNBC’s Robert Frank considers the couple’s divorce and its repercussions for charitable giving.

Transcript

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0:00.0	This is Squawk Pod. I'm
0:03.4	C. NBC producer Katie Kramer.
0:05.2	Today on our podcast, Getting Back to Business.
0:08.0	Danny Meyer, the man behind Shake Shack and Union Square Hospitality Group says it's only a matter of time before we're back and better than ever
0:16.8	When offices fill up I think when residents move back to their apartments when reopen, when Broadway lights come back on, New York is going to be stronger than ever.
0:28.0	And speaking of stronger than ever, Dogecoin's market cap is now over 60 billion.
0:34.2	Barking mad.
0:35.3	I thought it was a joke with a funny, whatever that dog is called.
0:38.5	I thought it was a joke, too.
0:40.6	Those stories plus teenagers may soon be getting their vaccines and a romantic and
0:45.5	lucrative partnership comes to an end. What's next for the Bill and Melinda Gates
0:49.2	philanthropy fortunes? They are co-chairs of the world's largest philanthropy and a lot of questions
0:54.3	about what that could potentially mean.
0:56.8	It's Tuesday, May 4, 2021, Squawk Pod begins right now.
1:02.2	Good morning everybody.
1:03.0	Welcome to Squack Box here on
1:05.0	I'm Becky Quick, along with Joe Kurnen and Andrew Ross Sorkin.
1:08.0	More states have announced plans to reopen as COVID cases decline on May 19th, New York, New Jersey, and Connecticut
1:14.3	plan to remove most indoor capacity limits in favor of requiring social distancing in
1:19.4	mass that includes retail shops, restaurants, gyms, amusement parks, hair salons, and yes, offices.
1:26.6	They'd open will be subject to maintaining six feet of distance between groups, although that could be
1:31.9	relaxed for restaurants if physical barriers are in place.
	...

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