Jab Incentives & Ultimatums; A Marketplace for Fakes; The Scoop on Jelly

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 26 August 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Delta Air Lines is the first company to raise health insurance premiums for employees that are not vaccinated against Covid-19. Shellye Archambeau, board member of Verizon, Okta and Nordstrom, discusses whether this move is the beginning of a movement from employers, and shares how executives are weighing vaccine incentives and ultimatums in the boardroom. J.M. Smucker CEO Mark Smucker says inflation and supply chain issues are hitting the jelly business, but Smucker’s is still expanding its portfolio--from coffee brands to dog food. CNBC’s Eunice Yoon reports on China’s marketplace for fake Covid-19 vaccination cards, and she shares which U.S. states are receiving the biggest shipments. Plus, happy National Dog Day!

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod.
0:06.0	I'm the C. M. D.C. producer Cameron Costa.
0:09.0	Today on our podcast, Get Vaxed, or else. Delta, the first to raise insurance premiums for its
0:17.0	unvaccinated workers. Fortune 500 board member Shelley Arshambo on this as a president.
0:24.0	Every company situation is very different.
0:26.5	Some companies have situations which people have to work together.
0:30.1	Others you don't.
0:30.9	You can be remote.
0:31.8	This is very unique to every single company one of
0:34.7	those companies the jam brand what Smuckers is mandating and how despite inflation
0:41.0	supply chain and COVID pressures Smuckers is taking a bigger bite out of breakfast.
0:47.0	CEO Mark Smucker.
0:49.0	We have Folgers, Duncan, and Bustello. You know, we grew share across all three of those brands in the
0:56.7	quarter. Those stories, plus, see and B.C.'s Beijing Bureau Chief Eunice Eun,
1:01.9	takes us inside a shop for fake COVID vaccination cards.
1:07.0	Customs officials have seized thousands of these fake cards in places like Tennessee and Alaska.
1:14.0	And while we're in China,
1:16.4	Squawk Booz News.
1:17.7	China's high-end liquor is under pressure.
1:21.4	It's Thursday, August 26, 2021. It's National Dog Day. They're so good and so pure.
1:28.0	They do so much for us and they never ask the things.
	...

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