World’s Biggest IPO; Smoking Pot Stocks; Head of the FAA

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 11 December 2019

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The head of the Federal Aviation Administration speaks to Congress today in the wake of the Boeing 737 Max tragedies this past year. Before his testimony, Steve Dickson shares his strategy for flight safety and Boeing 737 recertification in an exclusive interview with CNBC. Pot stocks have lost billions in market value since March, but CEO of cannabis portfolio company Acreage says now is the best time to invest. Plus, Saudi Aramco’s IPO debut, Andrew’s Dave & Buster’s winnings, the Yankees’ new pitcher, and 850 Grateful Dead concerts.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see The world's biggest IPO ever, finally.
0:23.0	Saudi Ramco shares have begun trading today.
0:26.0	To the long-awaited trading.
0:28.0	FAA Chief Steve Dixon on getting the Boeing 737 Max back in the air,
0:32.0	it's not happening before 2020.
0:34.5	Boeing's plan is not the FAA's plan.
0:36.6	We're going to keep our heads down and support the team
0:40.0	and getting this work done right.
0:41.4	His exclusive interview just before he speaks to Congress.
0:44.9	And pot stocks have lost billions since March,
0:47.3	but CEO of Cannabis Portfolio Company Acroage
0:50.2	says there's no better time to invest.
0:52.2	How many people legged out of tech in the early 2000s not to participate in the Google, the Amazon's?
0:59.0	I'm C.N.C. producer Katie Kramer, it's Wednesday, December 11th, 2019,
1:03.6	Squawk Pod begins right now.
1:05.8	Stand back you by in three, two, one, fuel, please.
1:09.9	Good morning, everybody.
1:10.9	Welcome to Squawk Box here on CMB't b cnbee we are live from the
	...

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