Earnings Season Ramps Up, Railroad Bidding War: Canadian National's Rival $33B Offer to Buy Kansas City Southern, The Reopening Trade and the "Fully Vaccinated" Factor, Countdown to Apple's Product Event and What to Expect from Netflix's Quarterly Results

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a look at the earnings parade, including results from Dow components IBM, Procter & Gamble, Johnson & Johnson and Travelers. The CEO of Canadian National appeared on the program to discuss the railroad operator's offer to acquire Kansas City Southern for $325 per share in cash and stock. The transaction is valued at more than $33-billion including debt and tops the $275 per share deal Canadian Pacific struck with KC Southern. The anchors explored the reopening trade in wake of rising COVID cases: How long might it take to get people who are fully vaccinated back into the office? Also in focus: A preview of Apple's product event, United Airlines posts a wider-than-expected Q1 loss, Boeing extends the retirement age for CEO Dave Calhoun, what to expect from Netflix's quarterly earnings and subscriber numbers due out after the bell, and Cramer explains why he believes Fisker is not "the next Tesla."