A Deal Off, A ‘Kill Switch,’ & A Saudi Trip 7/11/22
Elon Musk is over Twitter. He’s aiming to terminate the $44 billion dollar deal, and Twitter’s ready to take him to court over it, but Musk is seemingly unbothered by the drama. Former SEC Chair Jay Clayton maps out the various outcomes at this stage in Twitter-Musk saga. Covid cases are ticking up as we head into the end of the summer, and while most of us have readjusted our individual risk calculus to allow for normal life, former FDA Commissioner Dr. Scott Gottlieb suggests keeping our masks on. Leaked documents from Uber’s past are raising questions about the company’s ethical foundation, and Starbucks is rolling back a new, potentially questionable offering. Plus, President Biden is gearing up for his first in-office trip to Saudi Arabia. In this episode: Dr. Scott Gottlieb, @ScottGottliebMD Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @Andrewrsorkin Cameron Costa, @CameronCostaNY
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