45 min listen
The Bipartisan Bridge & Tunnel Crowd; Bill SPAC-Man; The Four Day Workweek
FromSquawk Pod
ratings:
Length:
31 minutes
Released:
Jun 21, 2021
Format:
Podcast episode
Description
Bill Ackman’s SPAC Pershing Square Tontine Holdings has acquired 10% of Universal Music Group, the label behind Taylor Swift, Lady Gaga, and Drake--valuing the company at $40 billion. Tontine is the biggest ever SPAC, and Becky, Andrew, and Mike Santoli discuss the financial engineering behind a deal of this size. Staff writer for The Atlantic Joe Pinsker spoke to companies around the world successfully experimenting with a four-day workweek. He explains what could be the next step in the post-pandemic workplace evolution. As bipartisan negotiations for an infrastructure bill wear on in Washington, Republican Maryland Governor Larry Hogan and Congresswoman Susie Lee (D-NV) discuss the plan’s “pay-fors” and each party’s non-negotiables. Plus, as China cracks down on crypto mining, prices are falling. And, cruise lines are set to weigh anchor, but American Airlines is struggling to keep up with travel demand without sufficient staffing.
Released:
Jun 21, 2021
Format:
Podcast episode
Titles in the series (100)
Special Report | Markets in Turmoil: Democratic Aid: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod