Holiday Hauls: Airlines, Apple, & Meta 12/26/23

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 26 December 2023

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

7.5 million travelers are hitting the skies between Christmas and New Years this year, passing the pre-pandemic record of 7.2 million. International president of the Association of Flight Attendants Sara Nelson discusses the pilots and flight attendants renegotiating contracts and managing unruly passengers during a busy holiday schedule. And the “she-cession” may be over, but Yale Lecturer and journalist Joanne Lipman warns that working women may lose many of their workplace participation gains to rigid back-to-office mandates. Plus, 2023’s market year was a roller coaster, OpenAI is aiming to raise more funds at an estimated valuation of $100 billion, holiday returns just got a little trickier, and Meta might have beat Apple under the trees and menorahs this year, as the Apple Watch ban takes effect. Sara Nelson 20:20 Joanne Lipman 28:39 In this episode: Joanne Lipman, @joannelipman Sara Nelson, @FlyingWithSara Contessa Brewer, @contessabrewer Leslie Picker, @LesliePicker Steve Liesman, @steveliesman Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Hi, I'm C. NBC producer Katie Kramer, and this is Squack Pod.
0:07.0	It's the post- Christmas week, but we're still here bringing you all the news that got us squawking.
0:12.0	Recession Watch in 2024, bringing you all the news that got us squawking.
0:12.5	Recession watch in 2024,
0:14.8	Open AI worth how many billions,
0:17.0	Grinchy retailers charging return fees
0:19.6	and oops no apple watch under the tree.
0:22.3	People getting apple Gift Cards yesterday
0:25.0	won't be able to buy an Apple Watch with them today.
0:27.7	And holiday cheer for the airlines,
0:29.8	flight attendant Union Head Sarah Nelson
0:32.0	says unruly travelers are few and far between.
0:35.5	There seems to be a real working class solidarity happening out there.
0:38.9	Everybody knows that we're in this together.
0:41.3	And we'll bring you all this week squawkbox conversations from throughout
0:44.9	2023 Becky Quick and Joanne Littman on the disaster return to office mandates
0:49.8	have created for mothers. If you want to find the most efficient people out there find
0:53.1	working moms. No kidding. It's Tuesday December 26th. Squawk Pod begins right now. Today on the podcast we'll start with the weird economy in 2023, a solid labor
1:11.3	market, higher average hourly pay, resilient consumer spending, and a stock market
1:16.4	rebound.
1:17.4	Wait, weren't we supposed to have a recession?
1:19.6	Contessa Brewer, Leslie Picker, and CNBC economics reporter Steve Leisman hash all these things out today.
	...

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