Industry Reckonings: Drug Companies, Boeing, & Facebook

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 21 October 2019

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Minutes before the first federal trial on opioids was set to begin this morning, four drug companies announced settlements. Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down that news, as well as weekend headlines from China and expectations for Facebook’s many meetings this week. Boeing’s journey back from the 737 Max crashes has stalled again, and consumer advocate Ralph Nader is calling for more changes in Boeing’s boardroom. Plus, crisis management expert Eric Dezenhall and aviation attorney Mark Dombroff map out Boeing’s path forward--if there is one.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	Every day get the best stories, debate, and analysis. see
0:13.4	the essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis
0:15.3	from the biggest names in business and politics.
0:17.3	All we're coming to her next.
0:18.4	Today, Boeing juggling new fears on the safety of the 737 Max Check.
0:23.0	It's a billion dollars a month for every month
0:24.9	that they don't get that plane back up and running.
0:27.1	We'll hear from Ralph Nader.
0:28.5	The Boeing marketeers overruled the Boeing engineers. The consumer advocate who got seat belts
0:34.4	required in cars is taking on leadership at Boeing. And an 11th hour settlement
0:38.9	from drug companies before the first federal case on the opioid crisis was set to go to trial.
0:44.0	This opioid epidemic is an urgent public health crisis and you want to get the money to the people
0:48.8	who need it now.
0:50.4	Plus an update on the US-China Trade War,
0:52.8	Why can't we all just get along?
0:54.8	And Facebook's push into cryptocurrency.
0:57.8	I'm C. M.C. producer Katie Kramer, it's Monday, October 21st, 2019, Squawk Pod begins right now.
	...

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