Holiday Weekend Headaches & LGBTQ+ Allyship in Corporate America 6/29/23

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 29 June 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As July 4th weekend kicks off, air travelers are faced with flight delays and cancellations across the country. CNBC’s Phil LeBeau reports on flight disruptions from the Denver airport during the busiest travel week since before the pandemic. Former FAA Acting Administrator Billy Nolen discusses the issues leading to so many disruptions, including staffing, weather, and visibility. Rounding out Pride Month, GLAAD President Sarah Kate Ellis discusses LGBTQ+ allyship among American companies, and suggests that suffering sales at Bud Light and Target may track back to the LGBTQ community withholding their spending power, taking a stand against fairweather allies. Plus, Yankee Domingo German has pitched a perfect game, Bidenomics is the opposite of Reaganomics, and US banks have passed their stress tests. In this episode: Joe Kernen, @JoeSquawk Melissa Lee, @MelissaLeeCNBC Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick 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 Pond.
0:09.0	Holiday travels begin, who's delayed and who's cancelled, with
0:13.4	see NBC's Phil Laboe on the ground at the Denver Airport.
0:16.7	You will see more than 17 million people flying here in the United States,
0:21.8	the most since before the pandemic for a one week
0:24.7	stretch. And this Pride Month glad CEO Sarah Kate Ellis joins us on companies as
0:31.2	allies. I do try and educate CEOs because they're taking the bait
0:36.1	that it's political to be LGBTQ in America when it's really not.
0:40.9	Plus defining Bidenomics, the health of America's banks and a Yankees perfect game.
0:46.5	I did get a little hearing, it's the greatest thing to see.
0:50.8	It's Thursday, June 29th, Squawk Pod begins right now.
0:55.0	Good morning, welcome to Squawk Box here on C.
0:59.4	Live from the Nasak Market site in Times Square.
1:01.7	I'm Melissa Lee alongside Joe Kurnen.
1:04.1	Becky and Andrew are off today.
1:06.2	Let's take a look at what?
1:08.0	The grimace.
1:09.0	No, it's not a grimace.
1:10.4	It's like sunshine, it's like sunshine is streaming in to the studio. It's just everybody's happy
1:17.0	Mack is happy. I'm happy to be here. You're here tomorrow too, are you not?
1:22.8	And Monday.
	...

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