35 min listen
Tax Hike with Carlyle’s David Rubenstein; Epic App Battle; Game, Set, Match
FromSquawk Pod
ratings:
Length:
39 minutes
Released:
Sep 13, 2021
Format:
Podcast episode
Description
House Democrats outlined a bevy of tax hikes on corporations and wealthy people to fund an investment in the social safety net and climate policy that could reach $3.5 trillion. CNBC’s Robert Frank reports on the possible impact for high-earners and considers possible timeline for implementation, and Carlyle Group co-founder David Rubenstein says there is “no doubt we will have a tax increase” by the end of the year. Rubenstein weighs in on China’s regulatory crackdown and global risks to the market. The TSA will double the fine for passengers who refuse to comply with the federal mask mandate for air travel. Sara Nelson, international president for the Association of Flight Attendants, discusses her colleagues’ support for passenger vaccination mandates. A federal judge has ruled Apple can’t force developers to use in-app purchases, the latest development in Apple’s battle with Epic Games. Plus, U.S. Open Champion Daniil Medvedev defeated #1-ranked Novak Djokovic, and vaccines may be on the horizon for kids ages 5-11.News Stories:House Democrats propose new tax hikes to pay for their $3.5 trillion bill: Here are the detailsTSA to double minimum fines for travelers who refuse to wear masks to $500Apple can no longer force developers to use in-app purchasing, judge rules in Epic Games caseIn this episode:David Rubenstein, @DM_RubensteinSara Nelson, @FlyingWithSaraRobert Frank, @robtfrankBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin
Released:
Sep 13, 2021
Format:
Podcast episode
Titles in the series (100)
Racing for a Vaccine: Moderna’s Phase 1 Human Trial: Moderna CEO Stephane Bancel shares the first human data for a Covid-19 vaccine program. Early results from the study are promising, and the markets agree. Surgeon, author, and The New Yorker staff writer Dr. Atul Gawande has a “Regimen for Reentry” as the United States plans reopening businesses in the wake of the pandemic. Plus, sagas from Silicon Valley: Grubhub spurns an Uber union, Softbank weathers a leadership and monetary loss, and Senator Amy Klobuchar (D-MN) is taking on big tech (again) via Twitter. by Squawk Pod