Squawk Pod

The 5 things you need to know before the stock market opens today: Saks Global is filing for bankruptcy and bringing in a new CEO, Coca-Cola is scrapping plans to sell its Costa Coffee chain, Tesla will only offer its “full self-driving” feature as a monthly subscription, Japanese stocks hit a record high, and AI chip company Cerebras Systems is in talk to raise $1 billion dollars in a new funding round at a $22 billion valuation.  Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Following Warren Buffett’s retirement as CEO of Berkshire Hathaway, CNBC presents “Warren Buffett: A Life and Legacy,” a special presentation of exclusive, never-before-seen interviews with Warren Buffett about his views on business, philanthropy, and life, and how his philosophies have evolved over the decades. Hosted by CNBC’s Becky Quick, the program features interviews with Warren Buffett’s three kids – Susie, Howie, and Peter – who reflect on the enormous responsibility their father has entrusted to them – to eventually donate his entire fortune.For more, visit CNBC’s Buffett Archive: https://buffett.cnbc.com/warren-buffett-archive/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Division over the federal investigation of the Federal Reserve has rattled the Republican Party. CNBC’s Eamon Javers reports from Washington, DC, and former House Speaker Kevin McCarthy discusses the probe and the President’s power at home and abroad. Tune into CNBC tonight for “Warren Buffett: A Life and Legacy,” a two-hour special of exclusive, never-before-seen interviews with Warren Buffett about his views on business, philanthropy, and life, and how his philosophies have evolved over the decades. Hosted by CNBC’s Becky Quick, the program will also feature interviews with Warren Buffett’s three kids – Susie, Howie, and Peter – who reflect on the enormous responsibility their father has entrusted to them – to eventually donate his entire fortune. Eamon Javers - 8:34Kevin McCarthy - 18:10 In this episode: Kevin McCarthy, @SpeakerMcCarthyEamon Javers, @eamonjaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Federal prosecutors are conducting a criminal investigation of Federal Reserve Chair Jerome Powell focused on the Fed’s building renovation and Powell’s related testimony. CNBC’s Eamon Javers reports on the investigation and Jay Powell’s statement that the probe is related to President Trump’s frustration with the Fed’s monetary policy. One of the front runners as Powell’s replacement Kevin Hassett, currently director of the National Economic Council, weighs in on the news and discusses the independence of the Federal Reserve. Senator Mark Warner (D-Virginia) shares his perspective on the investigation, immigration enforcement around the country, and President Trump’s proposed cap on credit card interest rates.  Eamon Javers - 2:40Kevin Hassett - 26:11Sen. Mark Warner - 37:47 In this episode:Mark Warner, @MarkWarnerEamon Javers, @eamonjaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The White House is threatening to indict Federal Reserve Chair Jay Powell over comments he made to Congress about a renovation at Fed headquarters, Allegiant Air is acquiring Sun Country Airlines in a $1.1B deal, a Senate committee investigation says UnitedHealth deployed aggressive payment-boosting tactics, Walmart and Google are teaming up on AI-assisted shopping, and the FCC has approved a request from Starlink to deploy another 7,500 satellites.  Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.