Shake Shack’s Big Return; Microsoft’s President; Covid-Positive Plasma Treatments

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 20 April 2020

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In Washington and beyond, Americans debate the timeline and the pros and cons of getting back to work. CNBC’s Eamon Javers discusses the push for further federal assistance as small businesses nationwide struggle to stay afloat throughout the pandemic. Shake Shack originally received financial relief but has since returned it for redistribution among smaller businesses in more urgent need. Microsoft Teams and Microsoft-owned Skype have surged as employees around the world adapt to sheltering--and working--in place. Microsoft President and long-serving executive Brad Smith discusses the boost in platform usage and how Microsoft balances the Covid-19 crisis with everything else. Plus, the head of New Jersey’s largest hospital system has personally recovered from the coronavirus, and he explains a new technology using plasma from covid-positive patients to help the sick.

Transcript

Click on a timestamp to play from that location

0:00.0	This is
0:02.8	C.N.C. producer Katie Kramer today on our podcast.
0:06.8	Emergency funding for small businesses has run out for now.
0:09.8	One publicly traded burger chain with more than 500 employees is returning its
0:14.2	loan after backlash.
0:15.8	See NBC's Aem in Javers.
0:17.3	As the politics around it and the public impression around it solidifies,
0:20.7	you might see more companies deciding to do what Shake Jack did here.
0:23.7	Microsoft's president Brad Smith.
0:26.7	It's pretty amazing to see the resilience of our economy and productivity for many companies. And a lot of it is the technology that we now have today.
0:37.0	And the head of New Jersey's largest health system on treating coronavirus cases with the plasma of recovered patients.
0:42.0	The early results look promising. virus cases with the plasma of recovered patients.
0:42.8	The early results look promising.
0:44.5	I can't think of anything better than this
0:46.6	in terms of a hopeful sign.
0:49.0	It's Monday, April 20, 2020,
0:51.1	Squackpot begins right now.
0:53.9	Good morning, everybody.
0:54.9	Good to see all.
0:55.5	Happy Monday.
0:56.4	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
0:59.5	Over the weekend, a number of protests though spurring springing up I should say across the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.