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Squawk Pod

First Timer Turkey Cooking Tips; MTA’s $12B Pitch; Dow’s 30K Milestone

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 25 November 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

The Dow Jones Industrial Average closed above 30,000 for the first time ever, putting the index up 62% from its pandemic lows in March. The MTA, the biggest public transportation network in the country, is asking the federal government for $12 billion in aid as it struggles to recuperate from low ridership amid the pandemic. Chairman and CEO Patrick Foye explains why the $12B isn’t just for NYC, but for the entire U.S. economy. Plus, first time cooking a turkey this holiday? The Butterball Turkey Talk Line has you covered; in CNBC’s holiday tradition, a supervisor of the home cook hotline shares tips for cooking your holiday turkey, however and wherever you’re cooking.

Transcript

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0:00.0

This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast,

0:07.0

The Dow closing above 30,000 for the first time ever.

0:11.0

We are up, I believe now, 30 to 12,000 points just from the low that we saw

0:15.7

from this pandemic back in March. That's nuts. Wow. New York's MTA is

0:20.9

asking the federal government for $12 billion.

0:23.9

The CEO and Chairman says the Big Apple's transportation affects much more than the five

0:28.4

boroughs.

0:29.4

What's really at stake is the economic revival of the New York City region and to a large extent the

0:35.2

national economy. And first-time Turkey cook, us too, never fear we might be

0:42.1

tackling Thanksgiving on our own this year, but one team is helping us all keep it together.

0:47.5

1-800 Butterball.

0:51.0

We are here all day today. We're here all day,

0:53.2

Thanksgiving day and the day after. We'll be here till Christmas Eve actually

0:57.1

to help answer all your turkey questions.

0:59.0

It's Wednesday, November 25th, 2020, Squawk Pod begins right now.

1:05.0

Good morning, everybody.

1:07.0

Welcome to Squawk Box.

1:08.0

This is CMBC.

1:09.0

I'm Becky Quick, along with Andrew Rothswarkin and Brian Sullivan.

1:12.0

Glad to have it here.

1:12.6

Good to see you.

1:13.6

Guys, Joe is off today.

...

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