Sotheby’s Auctions Off NFTs; United Airlines CEO, Ready for Take-Off

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 16 March 2021

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

One year after markets tanked on fears of the coronavirus pandemic, stocks are looking up, and travel is picking up. United Airlines CEO Scott Kirby and CNBC’s Phil LeBeau discuss why the airline industry is optimistic about long-term travel demand as more and more people get vaccinated, and why a global minimum tax rate for corporations could mean industry turbulence ahead. Sotheby’s is partnering with digital artist PAK for its first sale of NFTs, or non-fungible tokens. CEO Charles Stewart considers the art world’s journey to digital assets and the audience and aesthetic opportunities this new crypto-art offers. Plus, countries are suspending use of the AstraZeneca vaccine, Moderna is testing its own vaccine on children and babies, and as vaccinations ramp up, offices plan their reopening strategies

Transcript

Click on a timestamp to play from that location

0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:07.0	Exactly one year after US markets tanked on fears of the coronavirus pandemic.
0:12.0	What a difference a year makes. You know life is short. of the
0:14.2	years.
0:15.2	What a difference a year makes. You know life is short and business is boring so what the hell?
0:18.3	Airlines are hopeful for bluer skies ahead.
0:21.4	All engines are go for United CEO Scott Kirby.
0:24.6	We're clearly on the upswing and as more and more people are getting vaccinated, particularly
0:29.8	leisure demand is coming back and coming back at almost 100%.
0:34.0	And the art world going digital,
0:36.1	Southerby CEO on auctioning NFTs.
0:39.0	I don't think this is going to completely replace the physical art world.
0:42.6	What's probably most exciting about NFTs for me
0:45.0	is that it's a new aesthetic.
0:46.6	It's a very new and very engaged audience.
0:49.8	All of that today, plus what will reopening mean for your job? Some talk of a four day
0:54.9	work week. Let's get that gone. It's Tuesday March 16th, 2021. Squawkpad begins
1:01.4	right now.
1:03.6	Good morning everybody.
1:04.6	Welcome to Squawk Box here on CNBC.
1:07.0	I'm Becky Quick, along with Joe Kernan and Andrew Ross
1:09.3	Sorkin.
	...

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.