Squawk Pod

Dan Gilbert wears many hats: NBA owner, entrepreneur, Detroit booster and Dad.  While building Rocket Companies – the $30 billion mortgage giant – and investing billions in the Motor City’s 21st century development, he was a rare disease parent. Gilbert’s oldest child, Nick, died in 2023 following a lifelong battle with neurofibromatosis, a genetic disease that causes tumors to grow on nerve pathways anywhere in the body.  The most common type, NF1, affects approximately 1 in 2,500 births. Half of those patients develop learning and physical challenges. 

 

Nick had a following among basketball fans. He represented the Cleveland Cavaliers at multiple NBA draft lotteries and proved something of a good luck charm for the team and the city.  Since his death, the Gilbert family have pledged millions to fund research initiatives in the hopes of finding a cure for NF. 

 

Read more about the Gilbert Family Foundation’s work here: https://gilbertfamilyfoundation.org/

Follow the high-impact research to develop treatments for neurofibromatosis type 1: https://www.nfxdetroit.org/  

 

If you are a parent or caregiver seeking NF information: https://www.ctf.org/   

 

Join us in advancing awareness and understanding of rare diseases. Visit CNBC.com/Cures to access clips, resources, or to sign up for our weekly newsletter. 

 

Learn more about rare disease – and what to do in a diagnosis – at the National Organization for Rare Disorders: https://rarediseases.org/

 

Follow Becky Quick on X: @BeckyQuick

 

Please share your thoughts or rare disease story in the comments, and join us on The Path.

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Jeff Bezos sits down with Andrew Ross Sorkin for an extended interview at the Blue Origin Rocket Park in Florida. In a wide-ranging conversation, the world’s fourth-richest person discusses America’s wealthiest class, U.S. tax policy, philanthropy, working with President Trump, and our country’s future. Bezos predicts AI-prompted deflation and an AI-prompted job shortage, and he doubles down on the concept of data centers in space. Plus, as owner of The Washington Post, Bezos comments on that newsroom’s mass layoffs and the current state of journalism. 

 

Eamon Javers           8:36

Jeff Bezos          20:53

 

In this episode:

Jeff Bezos, @JeffBezos

Eamon Javers, @eamonjavers

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, 

@Kramer_Katie

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NYC Mayor Mamdani has met with both JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon; Partnership for New York City Steven Fulop discusses the bridge between New York’s business community and its Democratic Socialist mayor. Anthropic will begin sharing cyber flaws found by Mythos, while keeping Mythos private to a small circle of users. After a closely watched trial in Oakland, California, a federal jury found that Elon Musk waited too long to file his lawsuit against OpenAI and Sam Altman. Plus, McLaren Racing CEO Zak Brown has made a personal investment in GAME 7, a sports brand co-founded by NHL legend Mark Messier. The two athletes-turned-businessmen discuss their bets on the world of sports. 

 

Steven Fulop                       10:28

Zak Brown & Mark Messier    20:07

 

In this episode:

Zak Brown, @ZBrownCEO

Steven Fulop, @StevenFulop

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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After President Trump’s meeting with President Xi in Beijing, U.S. Ambassador to China David Perdue, who was in the room with both leaders, discusses the trade agreements between nations and America’s stance on Taiwan. The largest low-cost air carrier on the European continent RyanAir says it’s well hedged amid a global jet fuel crunch, but CEO Michael O’Leary warns that other airlines may face pricing challenges through the end of the summer. Plus, there’s a run on Swatch watches, and Berkshire Hathaway’s 13F is out, offering a peek at Greg Abel’s first decisions as CEO. 

 

David Perdue - 16:28

Michael O’Leary - 33:33

 

In this episode:

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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President Trump is on the way back to the U.S., following a summit in Beijing with Chinese President Xi Jinping, with key decisions on trade deals, sanctions, and Taiwan still to come. Reporters Eamon Javers and Eunice Yoon have been covereing the details of the trip – and its impact on the ongoing conflict in Iran. Dr. Mehmet Oz is focused on potential entitlement fraud as administrator of the Centers for Medicare and Medicaid.  He describes his landmark career as a heart surgeon, with former patient Roger Altman of Evercore.

 

Eamon Javers - 2:44 

Dr. Mehmet Oz - 16:02 

Roger Altman - 26:49 

Eunice Yoon - 48:15 

 

In this episode:

Dr. Mehmet Oz, @DrOzCMS

Eamon Javers, @eamonjavers

Eunice Yoon, @onlyyoontv

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.