Verizon CEO, Gen Z on Capitalism, & DC’s Weekend Progress 04/22/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 22 April 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

At Columbia in New York, protests and antisemitism on campus have prompted a day of remote learning for student safety, as well as commentary from Mayor Eric Adams. In DC, the House has passed a series of bills securing aid funding for Israel, Ukraine, and Taiwan, as well as the divest-or-ban TikTok bill. CNBC’s Emily Wilkins reports on the legislation and its impact on Speaker Mike Johnson’s career. In the thick of Wall Street’s earnings season, Verizon CEO Hans Vestberg discusses his company’s latest financial results and inflation’s pressures on consumers. Plus, pollster Frank Luntz is taking stock of Gen Z’s opinions on capitalism and democracy. He urges corporate America to pay attention to their grievances. Emily Wilkins - 03:16 Frank Luntz - 09:55 Hans Vestberg - 19:42 In this episode: Emily Wilkins, @emrwilkins Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in Show Music, please.
0:03.0	Hi, I'm C, NBC producer Katie Kramer.
0:07.0	Today, on Squawk Pod.
0:09.0	Has capitalism lost Generation Z?
0:12.0	New data from Polster Frank Luntz on what Americans coming of age now think about our systems.
0:18.0	They admire entrepreneurs.
0:20.0	They admire small business owners.
0:21.0	Family businesses they admire. The big corporation is not so much.
0:25.0	The utility of the internet, Verizon CEO Hans Vestberg on making connections work.
0:31.0	Wireless and broadband is so important for every individual, for every organization.
0:35.8	I mean you cannot live without it today.
0:38.3	Plus Congress works the weekend on foreign aid and an Ivy League University holding classes remote due to burgeoning
0:45.0	protest on campus. What's going on at Columbia? You would never think you'd see this
0:49.5	in America.
0:50.5	It's Monday, April 22nd, Squack Pod begins right now.
0:56.0	Stand Becky by in three, two, one, queue please.
1:01.3	Good morning everybody. Welcome to Squackbox right here on
1:04.1	c. We are live from the NASDAQ market site in Times Square. I'm Becky
1:08.8	Quick along with Joe Kernan and Andrew Ross Sorkin, here we are together.
1:14.0	Who's missing?
1:15.0	Nobody.
1:16.0	Nobody.
	...

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