Equity A Year Later; Tesla after Radar; Amazon after MGM

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 26 May 2021

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the wake of George Floyd’s death, corporate America took a stand on racial inequality and committed billions of dollars to help close the racial wealth gap. A year later, JUST Capital Managing Director Yusuf George revelas new research on where corporations stand on pay equity today, and how far they still need to go. Most employers are getting ready to welcome workers back to the office, but not everyone wants to return. Mark Weinberger, former EY chairman and CEO, shares why over time, more employees will see the value in returning to the office. Amazon is buying MGM Studios, the companies announced, marking Amazon’s most ambitious move yet into the entertainment business. Plus, Uber prices are surging and Tesla is ditching radar for cameras. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	This is Squawk Pod. I'm C. M.C. producer Katie Kramer. Today on our
0:05.6	podcast, a year after corporations committed to combating inequity and
0:10.3	achieving wage parity, still a long way to go, just Capital's use of George.
0:15.0	Our research shows us that companies really haven't been walking to talk quite yet.
0:20.0	And the great cubicle homecoming workers are headed back to their offices, mostly, how managers and employers should prepare for hybrid, former EY Chairman Mark Weinberger.
0:30.0	Here companies are going to have to be very deliberate, changing how you manage and how you communicate,
0:35.5	changing how you encourage engagement,
0:38.0	changing how and where your employees meet up,
0:40.8	maybe not at the home office,
0:42.0	maybe in a hub and spoke office.
0:44.0	Those stories, plus Amazon's big acquisition.
0:46.7	Uber prices are surging, have you noticed?
0:49.7	Republicans are building their infrastructure counter offer,
0:52.9	and Tesla ditching radar for cameras.
0:55.0	And then if you get close to anything,
0:57.6	that goes off, the cars have too much stuff now.
1:01.1	It's Wednesday, May 26, 2021.
1:03.8	Squawk Pot begins right now.
1:06.6	Good morning, everybody.
1:07.8	Welcome to Squawk Box here on C.
1:10.0	I'm Becky Quick, along with Joe Kernan
1:11.6	and Andrew Ross Sorkin.
	...

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