Holiday Weekend Travel, IPO Market Openings, & an LGBTQ+ Community’s Golden Years 7/3/23

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 3 July 2023

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As thousands of holiday weekend travelers faced flight delays and cancellations, United Airlines CEO Scott Kirby boarded a private jet to keep his schedule on track. After facing backlash from frustrated passengers, he’s issued an apology. Hollywood SAG-AFTRA actors are in contract negotiations, temporarily postponing a potential strike. Plus, CNBC’s Phil LeBeau reports, Tesla has over delivered this quarter, and AI-generated fake news has placed SEC Chair Gary Gensler in the headlines. As we kick off the second half of the year, Nasdaq’s Head of Listings Karen Snow says, 2H might see a decent number of public market debuts–more, at least, than the last six months. Plus, in a special conversation exclusive to Squawk Pod, CNBC’s Senior Personal Finance Correspondent Sharon Epperson discusses the value of an ‘aging plan’ for legal and financial affairs particularly for members of the LGBTQ+ community. She recounts her visit to a 55+ LGBTQ cohousing community in North Carolina, and shares what her reporting revealed about aging with dignity. In this episode: Sharon Epperson, @Sharon_Epperson Phil Lebeau, @Lebeaucarnews Joe Kernen, @JoeSquawk Melissa Lee, @MelissaLeeCNBC Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod and I'm C. NBC producer Cameron Costa.
0:08.0	Today in our podcast, a holiday weekend of headaches for thousands of travelers, but the CEO of
0:16.1	United Airlines wasn't getting stuck on the tarmac. He's the CEO of them, one of the
0:21.1	major companies in the country he's got
0:23.4	places he's got to be things he's got to do because these customers have
0:27.3	I know it doesn't matter doesn't matter things to do yeah I know they do
0:30.8	the IPO market back in action with the Nasdaq's head of listings, Karen Snow.
0:37.0	The markets are receptive.
0:39.0	Investors are looking for new issuance.
0:42.0	So we're expecting the second half to be pretty decent.
0:45.1	Those stories plus Tesla over-delivered the SEC caught up in fake AI news and
0:51.8	actors ready to strike.
0:54.8	And a conversation with CNBC's Sharon Epperson
0:58.5	about aging with chosen family.
1:01.5	This ability to be true to yourself is relatively new. These women
1:06.7	and men for a long part of their adult lives did not have that opportunity.
1:12.8	How one LGBT-Q community is taking on the golden years
1:17.1	with financial and legal independence.
1:19.9	Their family to one another.
1:21.8	It's Monday, July 3rd, 2023,
1:25.1	and Squawk Pod begins right now.
	...

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