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Squawk Pod

The Nuts & Bolts of Boeing’s Safety Checks & X Marks the (False) Spot 01/10/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 10 January 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

As the crypto community anxiously awaited the SEC’s decision on spot Bitcoin ETFs, the SEC’s X account tweeted a false start. As of Wednesday morning, the Bitcoin ETFs had not been approved, but the crypto market popped briefly on the fake post. The Iran-backed Houthi militia launched its largest attack yet in the Red Sea. Former NATO Supreme Allied Commander Admiral James Stavridis discusses the latest attack in context with his own history taking on the Somali pirates in the region a decade ago. And Boeing is inspecting 737 Max 9 aircrafts after the Alaska Airlines incident last weekend. Former NTSB investigator Greg Feith explains what safety checks and balances should be in place for the manufacturing giant. Plus, CNBC’s Julia Boorstin is in Las Vegas at the Consumer Electronics Show with the newest tech in autos, beauty, social media, and even refrigerators, and Mark Zuckerberg is in Hawaii, raising beef–literally. Greg Feith - 10:51 Admiral James Stavridis - 21:37 Julia Boorstin - 25:40 In this episode: Julia Boorstin, @JBoorstin Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0

Bring in show music please.

0:03.0

This is Squawk Pod from CNBC.

0:07.0

I'm producer Cameron Costa and here's what we're talking about on today's episode.

0:11.0

Bitcoin Beware, a hack on the SEC's X account

0:16.2

hours before its spot Bitcoin ETF decision is expected.

0:20.4

I don't have to think...

0:21.6

Bactor authentication. No, you? I don't want to think factor authentication. No, do you?

0:23.2

I don't want it.

0:24.0

Why?

0:25.4

And Boeing is ramping up inspections.

0:28.3

Former NTSB investigator Greg Thief on the safety checks and balances that should be in place.

0:34.0

The scrutiny that the 737 has been under, the spotlight that Boeing has been under,

0:40.0

you would think that this would be an airplane that has zero issues and unfortunately they keep

0:45.5

coming back. And the Huthy's largest missile attack yet in the Red Sea, former NATO

0:51.8

Supreme Allied commander,

0:53.6

General James Stavridis, on the risks ahead.

0:56.9

Yes, this also increases the potential

0:59.7

for a wider war up to the 25% range I would say that's dangerous.

1:05.0

Plus how now med a cow

1:08.0

Zuckerberg's raising beef in Hawaii and AI refrigerators are on display in Las Vegas.

1:15.0

It's not just the things to make the parts work to make it cold,

1:19.0

it's like now I gotta have the IT guy to make sure that the internet stuff works too.

...

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