New CEOs at Nike & Starbucks, New ‘Grit, Wit, & Fit’ on Shark Tank 09/20/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 20 September 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A new shark has joined Shark Tank: Daniel Lubetzky. Years after founding Kind Snacks, Lubetzky discusses the lessons he’s sharing with entrepreneurs seeking investment and guidance. He says in his founders, he’s looking for grit, wit, and market fit. After the Fed’s 50 basis point interest rate cut, economist and Harvard Kennedy School professor Jason Furman weighs the central bank’s move alongside the economic plans from Vice President Harris and former President Trump. Plus, Nike CEO John Donahoe is being replaced by Elliott Hill in a surprise move, and at Starbucks, new CEO Brian Niccol has a more relaxed approach to hybrid work. Jason Furman - 14:36 Daniel Lubetzky - 25:10 In this episode: Daniel Lubetzky, @DanielLubetzky Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk 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, today on Squawk Pod.
0:09.0	Here's something for the Fed nerds.
0:12.0	The Central Banks eagerly awaited by some of us,
0:14.6	50 basis point rate cut, and its impact on the presidential race.
0:18.3	Does it have any, economist and professor Jason Furman?
0:21.7	The cut was three steps progress. Inflation's come down a lot but
0:26.0	one step moving in the opposite direction in the job market with the unemployment rate up.
0:31.4	And a new shark in the tank.
0:33.0	Shark Tank's newest investor Daniel Leibsky started kind snacks.
0:37.0	Now he's ready to share his wisdom with other founders and with us.
0:41.0	In my experience, the mistakes as long as you're self-reflective are as important as the
0:45.8	successes because they teach you how to calibrate and pivot.
0:49.6	But first, a CEO's shake up at Nike, a laissez-fair take on back to the office at Starbucks, and
0:55.4	Microsoft is doing what? AI sure requires a lot of power.
1:00.4	If you are behind the nuclear movement and you want to get nuclear restarted in this country,
1:04.0	what PR person signed off on saying, yeah, let's start with Three Mile Island?
1:08.0	Without changing the name.
1:10.0	It's Friday, September 20th. Squack Pod begins right now.
1:15.1	Stand Becky by in three, two, one, queue please.
1:20.4	Good morning everybody and welcome to Squackbox right here on
1:23.5	cn't b cnbee we are live from the NASDAQ market site in time square I'm
	...

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