The Restaurant Recovery with Toast CEO; Boosting Boosters; Rivian’s IPO
Squawk Pod
English - November 10, 2021 16:20 - 27 minutes - 25.2 MB - ★★★★ - 450 ratingsInvesting Business News Business News leadership health entrepreneurship business productivity startups finance interview entrepreneur fitness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Toast, the app that helped power many restaurants through Covid-19 shutdowns, released its first quarter results as a public company. CEO Chris Comparato explains how his platform supports small businesses, and how his own strong metrics indicate a strong recovery for the rest of the industry. Pfizer has asked the FDA for broader authorization of its Covid-19 booster shot; the Brookings Institution’s Dr. Kavita Patel shares her expectations for third and even fourth booster shots as we fight our way through the pandemic. In Washington, President Biden met with U.S. corporate leaders to strategize fixes to the global supply chain as the holiday season begins. In New York, only about half of office workers are headed back to their cubicles by the end of January. CNBC’s Robert Frank reports that since 1 in 5 NY office workers will be working permanently from home come 2022, companies are planning to cut New York footprints. Plus, Amazon-backed electric vehicle Rivian is set to go public at a whopping implied valuation of $106 billion, and Elon Musk is working out his liquidity problems.
In this episode:
Robert Frank, @robtfrank
Dr. Kavita Patel, @kavitapmd
Chris Comparato, @ChrisComparato
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Katie Kramer, @Kramer_Katie