Leap Day: China’s Auto Boom, Antisemitism’s Rise and No Shutdown (for now) 02/29/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 29 February 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

China’s auto business is booming, with electric vehicles filling roads around the world. Phil Lebeau with a surprising report on global demand from South America. The Commerce Department will investigate national security risks from “connected autos” that have parts manufactured in China or other countries of concern. Council on Foreign Relations President Michael Froman describes the potential risks to Americans’ data. The Anti-Defamation League’s Jonathan Greenblatt discusses new data that shows 24% of Americans harbor antisemitic prejudice, a number showing a concerning rise. Plus, Emily Wikins on the averted government shutdown, Oprah departs the WW board at a tough time for the weight-loss company and Wendy’s clarifies dynamic pricing. Emily Wilkins - 02:21 Phil Lebeau - 13:49 Michael Froman - 17:19 Jonathan Greenblatt - 24:50 In this episode: Michael Froman, @MikeFroman Jonathan Greenblatt, @JGreenblattADL Joe Kernen, @JoeSquawk 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 Pod.
0:09.0	China's auto dominance, the world's second largest economy is driving new cars and new electric
0:14.9	vehicles into markets all over the world, while the U.S. looks at restricting Chinese technology.
0:20.1	Council on Foreign Relations Head, Michael Frohman.
0:22.4	All right, there's a trade-off here.
0:23.7	Do we want a US-EV industry?
0:26.6	And what costs are we willing to pay for that?
0:28.4	We have one.
0:29.4	It's called Tesla.
0:30.4	Anti-Semitism's rise in the wake of the Israel-Hamas War.
0:34.4	The anti-deformation leagues Jonathan Greenblatt on the scale of the problem.
0:38.4	The lack of leadership at these college campuses is a catastrophe.
0:44.0	Plus, once more narrowly averting a government shutdown,
0:48.0	the latest reporting from Emily Wilkins in DC.
0:50.0	Seems like the fourth time is maybe not quite yet the charm.
0:53.0	Oprah parting ways with Weight Watchers, the SEC looking into Open AI's texts,
0:58.0	and what we all got wrong about Wendy's dynamic pricing.
1:01.0	And you can get the burger, the chicken nuggets for 99 cents or something.
1:05.4	You might actually say, okay, I'll go do that.
1:08.2	It's Thursday, February 29th.
1:10.6	Happy Leep Day.
	...

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