Target CEO on Inflation & Secretary Pete on U.S. Industry 03/05/24
It’s Super Tuesday! Republicans in 15 states are voting for their preferred Presidential candidate while Democrats hold their own primaries and caucuses across multiple states. Target reported better-than-expected results in the holiday quarter. CEO Brian Cornell discusses the retailer’s plans to open new stores and navigate food and beverage inflation. Even Cookie Monster has an opinion: “Me hate shrinkflation!” Transportation Secretary Pete Buttigieg discusses airline safety and manufacturing standards in light of Boeing’s recent issues. Secretary Buttigieg weighs in on border security, party politics in Washington, and job creation across the country. Plus, Google co-founder Sergey Brin has admitted, they “definitely messed up,” on the company’s AI Gemini training, and Jeff Bezos has replaced Elon Musk as the world’s richest person–for now. Megan Cassella - 03:39 Brian Cornell - 11:48 Secretary Pete Buttigieg - 26:56 In this episode: Pete Buttigieg, @SecretaryPete Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Cameron Costa, @CameronCostaNY