Russia’s Covid Vaccine; IBM’s Ginni Rometty & New York Jobs CEO Council

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 11 August 2020

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Vladimir Putin announced that Russia has approved the world’s first Covid-19 vaccine, and that it has already been administered to one of his daughters. Without data on safety or efficacy, the rest of the world is speculating on the veracity and implications of the announcement. Former FDA Commissioner Scott Gottlieb explains why human vaccine trials are time consuming but necessary. The newly minted New York Jobs CEO Council consists of leaders from 27 NY-based companies and aims to bridge the gap between City of New York education and NYC corporate job opportunities. IBM’s Executive Chairman and former CEO Ginni Rometty and the Council’s Executive Director Gail Mellow are leading the initiative, and share why this work may be the key to combating racial and economic injustice in the area. Plus, college sports may be at a standstill. The Mid-American Conference has postponed Fall sports, and players, fans, and universities debate whether other leagues should follow.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:06.0	Russia's health ministry claims to have approved the world's first COVID-19 vaccine.
0:12.0	Dr. Scott Gottlieb on whether it could possibly be safe.
0:14.9	I wouldn't take it, certainly not outside a clinical trial right now.
0:18.0	It appears that it's only been tested in several hundred patients at most.
0:22.4	New York's biggest employers plan to hire more workers from underserved communities.
0:27.0	Two of the women leading the charge, I BN's Ginny Rometi.
0:30.0	What this is in my mind really all about very clearly is economic opportunity.
0:35.0	It is the only way to solve things like racial justice or equality.
0:40.0	And the New York Job's CEO Council leader Gail Mello.
0:43.0	Finding the people is not hard.
0:45.0	There are almost 200,000 people who go to the City University of New York.
0:50.0	What has been missing is this link between the business and the education system.
0:55.7	Those stories plus college game day? Maybe not.
0:59.2	If you're able to come back to school, should you also then play sports?
1:02.8	College students, they aren't just going to sit in their apartments
1:06.1	and not see anybody.
1:07.9	It's Tuesday, August 11, 2020, Squack-POD begins right now.
1:13.0	Good morning everybody.
1:15.0	Welcome to Squack Box here on C.
1:16.0	I'm Becky Quick along with Wilford Frost and Brian Sullivan.
1:20.0	Joe and Andrew are off today, but guys it's great to have both of you here.
	...

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