Penn National Gaming CEO & Data Drama: AstraZeneca’s Vaccine Study

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 23 March 2021

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

AstraZeneca’s good vaccine news is tempered by federal health officials voicing concerns about the company’s data. CNBC’s Meg Tirrell digests the news and considers the blow’s impact to the vaccination timeline in the U.S. A year after U.S. stocks plummeted on fears of the coronavirus pandemic, markets have bounced back, in what Mike Santoli calls their best year since the 1930s. CEOs are facing tough decisions as they plan office reopenings; KPMG CEO Paul Knopp shares results from his survey of 140 other U.S. CEOs, addressing C-suite concerns for safety, employee demands for flexibility, and workplace vaccination disclosures post-pandemic. Plus, March Madness has spelled good fortune for the newest addition to the S&P 500: Penn National Gaming. CEO Jay Snowden discusses bets, brackets, and expanding American gambling.

Transcript

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0:00.0	This isZen until early May, the point when we're supposed to have enough vaccines for all American adults.
0:26.0	And CEOs are facing tough post-pandemic choices.
0:29.4	Goldman's David Solomon is promising burnt out bankers more understanding and
0:33.9	KPMG CEO Paul Knop says the C-suite is ripe for some major change.
0:38.4	It's a really a fork in the road moment for CEOs this pandemic and this social justice crisis where we're all
0:44.8	hitting the accelerate button around purpose values, culture, and ESG.
0:49.8	Plus betting big on Penn National Gaming, CEO Jay Snowden on joining the
0:54.7	S&P 500 and who's cashing in on their brackets. By the second day of March
0:59.2	Madness we blew past, almost doubled what we saw for Super Bowl.
1:03.0	Those stories today, but first we started at the bottom, and now we're here a year after the market's
1:14.8	COVID-19 drop, not too shabby.
1:17.0	The best year that we've seen since the 1930s.
1:20.0	It's Tuesday, March 23rd, 2021.
1:23.0	Squawk Pod begins right now.
1:25.0	Good morning, everybody.
1:27.0	Welcome to Salty Box here on C.
1:30.0	I'm Becky Quick, along with Joe Kerner and Mike Santoli.
1:33.0	Andrew is off this week.
1:35.0	Good morning.
1:36.0	Get your microphone ready.
1:37.0	It's some anniversary again a day of the low, isn't it?
1:40.0	It's Mark.
	...

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