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we had a great story this week about danny meyer and his restaurant group, and the idea that they mayaccinations for people to come in the door. the bloomberg food editor joins us now. let's start with danny myers' -- danny meyer's empire. >> he has opened a lot of them, including union square cafe and gramercy tavern, now open for business. joe: in theory, some would-be customers are may be put off by this, but on the other hand, this probably makes other people feel more safe. >> danny meyer, it was a great result of the delta very intent how dangerous it is. so he announced yesterday that he is requiring employees and diners indoors to show proof of vaccination. romaine: what does it look like? you get people in the door, we talked about supply chain issues. i think you wrote this week that certain types of seafood are really not around. at the restaurant enter -- restaurant owner i interviewed said it wasn't just availability, she says her suppliers are having labor shortages as well. wind delivery doesn't show up when it is supposed to. -- wine delivery doesn't show up when it is
we had a great story this week about danny meyer and his restaurant group, and the idea that they mayaccinations for people to come in the door. the bloomberg food editor joins us now. let's start with danny myers' -- danny meyer's empire. >> he has opened a lot of them, including union square cafe and gramercy tavern, now open for business. joe: in theory, some would-be customers are may be put off by this, but on the other hand, this probably makes other people feel more safe. >>...
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Jul 1, 2021
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still to come, danny meyer will be with us to talk about how the restaurant reopening is going so far why he's having so much trouble hiring new employers. >>> plus kristalina. a new check on bonds, yields are moving higher, 10 year yielding around 147 so still sub 150 the action is in currencies where we've seen the dollar index rise to april levels we'll be right back. >>> welcome back let's check in on some individual market movers, shares of curevac getting crushed today after news broke that their covid vaccine is only 40% effective. only slightly better from the 47% efficacy rate from the trial read out two weeks ago and didi, the ride sharing company went public yesterday here, it opened at $15.74 and is now at $16.37 or so, so regaining 16%. close to its highs from yesterday. >> it's like a delayed one day p. >>> time for a news update >> hello, everyone here's what's happening at this hour bessemer trust the company set to become the co-conservator for britney spears backed you on out of that deal they no longer want it after she wants the con ver orservator to. ant ant in ea
still to come, danny meyer will be with us to talk about how the restaurant reopening is going so far why he's having so much trouble hiring new employers. >>> plus kristalina. a new check on bonds, yields are moving higher, 10 year yielding around 147 so still sub 150 the action is in currencies where we've seen the dollar index rise to april levels we'll be right back. >>> welcome back let's check in on some individual market movers, shares of curevac getting crushed today...
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you brought up danny meyer. he was on the show with me yesterday.n we know that we care deeply about hygiene in every other respect of our restaurants and we know so much about the science of what's happening with the delta variant, especially for people who have not been vaccinated, why in the world would we just stand by and not take action right now? >> again, he's leading the way just like he did with banning smoking in his restaurants all the way back in 1990 before the city did. but you applaud his move. should we take this to mean, mayor, that you are going to try to move to have all restaurants given everything we are learning about the delta variant, all options are on the table. i keep saying we're climbing the ladder in terms of more and more mandates, tougher and tougher measures to make sure people are vaccinated. what's going to happen bluntly is that folks who are vaccinated are going to be able to experience all the things that they love in the life of the city and this country. and folks who are not vaccinated are going to find that
you brought up danny meyer. he was on the show with me yesterday.n we know that we care deeply about hygiene in every other respect of our restaurants and we know so much about the science of what's happening with the delta variant, especially for people who have not been vaccinated, why in the world would we just stand by and not take action right now? >> again, he's leading the way just like he did with banning smoking in his restaurants all the way back in 1990 before the city did. but...
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Jul 29, 2021
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so, danny meyer is going to join us next hour. >> great. >> i welcome your brilliant questions for him, because you make a great point about making it a condition of employment. before you go, gdp numbers just out. what do we see? >> they were good, 6.5%, as good as economists thought, 8.5%. look, we had such a drop out in the bottom of the economy last year, and now a recovery. every month going in the right direction, not as strong as economists wanted. what you saw in those numbers, poppy, by the way, you saw the money that had been coming from congress, from taxpayers to households has dried up. the stimulus checks have dried up and now the money, the composition of the money is going to business and to governments, so we're seeing the recovery play out in these numbers every quarter. >> okay, thanks so much, christine romans. >> you're welcome. >>> president biden as we said is expected to announce the vaccine requirement for anyone who works in the federal government. that would include contractors. the requirement is get vaccinated or submit to regular testing and mitigation req
so, danny meyer is going to join us next hour. >> great. >> i welcome your brilliant questions for him, because you make a great point about making it a condition of employment. before you go, gdp numbers just out. what do we see? >> they were good, 6.5%, as good as economists thought, 8.5%. look, we had such a drop out in the bottom of the economy last year, and now a recovery. every month going in the right direction, not as strong as economists wanted. what you saw in those...
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. >> reporter: restauranteur danny meyer going a step further. >> beginning the day after labor day, we're going require that 100% of our staff members be vaccinated, and that any guest who wants to dine indoors will be vaccinated as well. >> how are you going the handle customers that challenge this? >> just the same way we would challenge somebody who refused to show their id if they were underaged at a bar. we just won't serve them. >> reporter: he says he'll look for proof via a cdc vaccination card or digital vaccine passport. for employees who say they're afraid to come back to work, is mandaing vaccines the clearest way to help people who have those fears. >> in their best interest, whether it's in the best interests of their colleagues will, go a long way. >> stephanie, what can you tell us about other companies that are postponing the return to work? >> well, lester, other companies like lyft are delaying six months to february. apple and google also pushing back their dates. and twitter closed its offices in new york and san francisco due to the surge in cases. lester? >> s
. >> reporter: restauranteur danny meyer going a step further. >> beginning the day after labor day, we're going require that 100% of our staff members be vaccinated, and that any guest who wants to dine indoors will be vaccinated as well. >> how are you going the handle customers that challenge this? >> just the same way we would challenge somebody who refused to show their id if they were underaged at a bar. we just won't serve them. >> reporter: he says he'll...
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danny meyer, the founder of shake shake on the union hospitality group, he says all employees will have to get the vaccination and customers will have to prove their vaccinated to dine indoors. >> we're following the lead of city, state, and federal government and we're going to do this ourselves in our restaurants in new york city and washington dc. our full service restaurants to require that all staff members be vaccinated and also to require that guests that want to dine indoors show proof of being vaccinated. >> what could places like florida, alabama, and those with bans on vaccines, what could they do? >> i think when you have governors interfering with how private businesses run their operations, and that is a bad precedent to set. i think they have the right to say we're going to deal with vaccinated people differently from unvaccinated people. the virus will treat you differently. other people should treat you differently as well. this is something they think we need more of. >> so are you thinking the vaccination passports should be a federal requirement? >> i don't think it
danny meyer, the founder of shake shake on the union hospitality group, he says all employees will have to get the vaccination and customers will have to prove their vaccinated to dine indoors. >> we're following the lead of city, state, and federal government and we're going to do this ourselves in our restaurants in new york city and washington dc. our full service restaurants to require that all staff members be vaccinated and also to require that guests that want to dine indoors show...
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Jul 30, 2021
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the ceo of union square hospitality group, the restaurant company, danny meyer, he wants his employees and customers to be vaccinated. you can't have full restaurants if you have this virus still spreading. >> if you really want to go unvaccinated, you kcould diet somewhere else and work somewhere else. >> he banned smoking in some of nice restaurants back in the 1990s and that led the way really for the city. the ceo of the society for human resource management johnny taylor told me most employees want vaccine man dates. >> some organizations are trying one more step before that, they are saying if you choose not to be vaccinated, then you will have to be tested several times during the week on your own time and you will have to wear a mask in the workplace. and not any mask, but that n95 surgical mask. we are going to at the end of the day make it a little uncomfortable for you because you are making it uncomfortable and the workplace less comfortable for your colleagues. >> facebook, twitter, google are taking a stance. microsoftaapproach for now. >> there will be some com bep natio
the ceo of union square hospitality group, the restaurant company, danny meyer, he wants his employees and customers to be vaccinated. you can't have full restaurants if you have this virus still spreading. >> if you really want to go unvaccinated, you kcould diet somewhere else and work somewhere else. >> he banned smoking in some of nice restaurants back in the 1990s and that led the way really for the city. the ceo of the society for human resource management johnny taylor told...
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i was impressed to see that danny meyer many restaurants including shake shack you won't have to be vaccinated to be served. i think that is going to kind of sweep throughout the employer market. we will see a lot of employers recommend vaccines. >> always good to see you, zeke emanuel, a former adviser to president obama. appreciate your. time despite the challenging news from the cdc, we got positive news for the direction in which the countries headed in. positive news for those who can use it. that's next. that's next. happen with vrbo. ♪♪ your together awaits. ♪♪ ♪ put a little love in your heart - david ruffin ♪ yomy bad, my bad...s. good race! -you too! you were tough out there... thank you, i'm getting you next time though. oh i got you, i got you. hamblin goes down. d'agostino helps hamblin back up. are you okay? -yeah. there is front page news, the news that takes up the front page. you may remember this last may, went to show just how gigantic the job losses were for april 2020, the times made a chart using the whole front page. the chart showed the monthly change in jobs numbers si
i was impressed to see that danny meyer many restaurants including shake shack you won't have to be vaccinated to be served. i think that is going to kind of sweep throughout the employer market. we will see a lot of employers recommend vaccines. >> always good to see you, zeke emanuel, a former adviser to president obama. appreciate your. time despite the challenging news from the cdc, we got positive news for the direction in which the countries headed in. positive news for those who...
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restauranteur danny meyer is even taking the step of requiring indoor diners at his restaurants, not just his employees, to show proof of vaccinations. and where vaccines aren't yet required, covid restriction that is have become the new normal for us in the last year. apple is reinstating its mask mandate at most stores. companies like twitter are shutting down offices again weeks after they reopened them for business. president biden's declaration of independence from the virus earlier this summer is creating a bit of a political challenge for his administration as well. this new landscape, and some say the administration's less than clear messaging, is complicating biden's efforts to show that he is still leading the u.s. out of the pandemic. and this time he must do it after americans have enjoyed a taste of normalcy and been assured, including by the president, that they had turned a corner. this week's developments mark the first significant retreat in public health guidance since biden became president and they set up a test of whether many americans will agree to return to th
restauranteur danny meyer is even taking the step of requiring indoor diners at his restaurants, not just his employees, to show proof of vaccinations. and where vaccines aren't yet required, covid restriction that is have become the new normal for us in the last year. apple is reinstating its mask mandate at most stores. companies like twitter are shutting down offices again weeks after they reopened them for business. president biden's declaration of independence from the virus earlier this...
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hear from the president later today about what he's going to require from federal workers, and danny meyerand respected in the restaurant world, has decided if you want to come into one of my restaurants and sit down and have a nice dinner, you're going to have to be vaccinated. here's what he said. quote, i'm not a scientist, but i know how to read data, and what i see is that this is a crisis of people who have not been vaccinated. and i feel strong responsibility on our part as business leaders to take care of our team and our guests. and that's what we're doing. it's very politically fraught, having said that, doctor, would you like to see more of this? >> i sure would. i'll tell you, i'll be a heck of a lot more likely to go to a restaurant, to go on a cruise, to go to a concert if i know everyone else there is vaccinated. this is what most of the other high income countries across the world are doing. folks in europe are required to show a pass that they're fully vaccinated before they can go into activities. it helps to keep us all safe. it also helps drive people to get vaccinated.
hear from the president later today about what he's going to require from federal workers, and danny meyerand respected in the restaurant world, has decided if you want to come into one of my restaurants and sit down and have a nice dinner, you're going to have to be vaccinated. here's what he said. quote, i'm not a scientist, but i know how to read data, and what i see is that this is a crisis of people who have not been vaccinated. and i feel strong responsibility on our part as business...
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danny meyer of the union square hospitality group told cnbc business group quote, if you want to go unvaccinatedhere else and also go work somewhere else. the rule goes into effect september 7th and impacts all of the groups, new york city and washington, d.c. locations, except shake shack. we should point out, late working this afternoon, shake shack gets to decide later on when it comes to vaccines. a lot of confusion. there has been this push and pull with employers requiring vaccines or not, what do you make of all of this? >> just like we are trying to get through the day to day, right? it has been so confusing and we start to do one thing and masks are back. we are just kind of rolling with it. i guess that is all we can do at this point, but i can see the confusion with that because i don't even know where the other restaurants are. i guess if you're vaccinated, it does not matter, you are fine to go wherever, but very confusing. >> it is kind of the push and pull between states versus federal guidelines. and it just varies, it seems like. >> i think if you're unvaccinated, we should make
danny meyer of the union square hospitality group told cnbc business group quote, if you want to go unvaccinatedhere else and also go work somewhere else. the rule goes into effect september 7th and impacts all of the groups, new york city and washington, d.c. locations, except shake shack. we should point out, late working this afternoon, shake shack gets to decide later on when it comes to vaccines. a lot of confusion. there has been this push and pull with employers requiring vaccines or...
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i was impressed to see that danny meyer, owner of many restaurants including shake shack, has said that you're now going to have to be vaccinated to be served. and i think that kind of mentality is going to sweep throughout the employer market. you're going to see a lot of employers require vaccines. >> always good to see you, my friend. zeke emmanuel is a former health policy adviser to president obama. we appreciate your time as always. well, despite this challenging news from the cdc tonight we also got some very positive news about the direction that the country's headed in, positive news for some people who could use it. that's next. use it that's next. and there you have it - wireless on the fastest, most reliable network. wow! big deal! we get unlimited for just $30 bucks. i get that too and mine has 5g included. impressive. impressive is saving four hundred bucks a year. four bucks? that's tough to beat. relax people, my wireless is crushing it. okay, that's because you all have xfinity mobile. it's wireless so good, it keeps one upping itself. >>> there is front page news and t
i was impressed to see that danny meyer, owner of many restaurants including shake shack, has said that you're now going to have to be vaccinated to be served. and i think that kind of mentality is going to sweep throughout the employer market. you're going to see a lot of employers require vaccines. >> always good to see you, my friend. zeke emmanuel is a former health policy adviser to president obama. we appreciate your time as always. well, despite this challenging news from the cdc...
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danny meyer, we appreciate it. >> thank you. >>> well miami-dade county is reinstating its mask mandate inside of all county facilities. according to the mayor it is a result of the quote, alarming rise in covid cases across our country and our community. leyla santiago is in south florida this morning. what is the reaction. because i have to note it is in a state where the governor has been very critical of this. >> reporter: and poppy, he remained critical. last night he spoke in salt lake city starting off the speech mocking the cdc guidelines as only 47% of residents are vaccinated. in miami-dade 61% are fully vaccinated. but yes, the mayor of miami has said it is time to make a change. we need to go back to masks inside all county buildings. now as for the school district, they are sort of going back to the drawing board to figure out with these new cdc guidelines how they will approach the upcoming school year. now that is a big difference from where i am right now in broward county where yesterday the school board decided to require masks for students for the upcoming school year
danny meyer, we appreciate it. >> thank you. >>> well miami-dade county is reinstating its mask mandate inside of all county facilities. according to the mayor it is a result of the quote, alarming rise in covid cases across our country and our community. leyla santiago is in south florida this morning. what is the reaction. because i have to note it is in a state where the governor has been very critical of this. >> reporter: and poppy, he remained critical. last night he...
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. >> restauranteur danny meyer going a step further. >> beginning the day after labor day, we are goingrequire that 100% of our staff members be vaccinated and that any guest who wants to dine indoors will be vaccinated as well. >> how are you going to handle customers that challenge this? >> i guess the same way we would challenge somebody who refused to show their i.d. if they were underage at a bar. we just won't serve them. >> for companies who are dealing with employees who say they are afraid to come back to work, is mandating vaccines the clearest way to sort of help people who have those concerns? >> mandate and explains to the employee why it's in their best interests as well as the best interests of their colleagues will go a long way. >> let's dig deeper and bring in my friend, andrew ross sorkin, columnist and editor and co-anchor on "squawk box" on cnbc. andrew, you and i have been complaining about this for weeks. is corporate america finally putting their foot down and requiring this vaccine? is this the tip of the iceberg? once the vaccine is out of emergency phase and f
. >> restauranteur danny meyer going a step further. >> beginning the day after labor day, we are goingrequire that 100% of our staff members be vaccinated and that any guest who wants to dine indoors will be vaccinated as well. >> how are you going to handle customers that challenge this? >> i guess the same way we would challenge somebody who refused to show their i.d. if they were underage at a bar. we just won't serve them. >> for companies who are dealing with...
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caplan, the own over shake shack danny meyer this morning announcing vaccine requirements for all employees indoor guests. he said i'm not a scientist, but i see the data, and what i will see is a crisis of people who have not been vaccinate and i feel strong responsibility on our part as business leaders to take care of the team and the guests, and that is what we are doing. i know you believe that more companies should be doing that, but the question is how. that is a lot of pressure to put on a 16, 17-year-old kid who happens to work in food service. what are they supposed to do to have people stand at the door and show them their hard copy of the vaccine card or a photo on the phone or something? how does this work? >> well, you know, when you are trying to get into the major cheeseburger place, i suspect that they will be a little more willing to card people since the lines are long at that particular place, but more seriously, you are going to have something on your app, and i have been telling people for a long time, take a picture of your cdc vaccine card, and use that to show to pe
caplan, the own over shake shack danny meyer this morning announcing vaccine requirements for all employees indoor guests. he said i'm not a scientist, but i see the data, and what i will see is a crisis of people who have not been vaccinate and i feel strong responsibility on our part as business leaders to take care of the team and the guests, and that is what we are doing. i know you believe that more companies should be doing that, but the question is how. that is a lot of pressure to put...
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i was impressed to see that danny meyer, owner of many restaurants including shake shack, has said that you're now going to have to be vaccinated to be served. and i think that kind of mentality is going to sweep throughout the employer market. you're going to see a lot of employers require vaccines. >> always good to see you, my friend. zeke emmanuel is a former health policy adviser to president obama. we appreciate your time as always. >>> well, despite this challenging news from the cdc tonight, we also got some very positive news about the direction that the country's headed in, positive news for some people who could use it. that's next. use it that's next. i've been telling everyone... the secret to great teeth is having healthy gums. crest advanced gum restore. detoxifies below the gumline... and restores by helping heal gums in as little as 7 days. crest. the #1 toothpaste brand in america. >>> there is front page news and then there is news that takes up the entire front page. you might remember this front page from the "new york times" last may, where to show just how giganti
i was impressed to see that danny meyer, owner of many restaurants including shake shack, has said that you're now going to have to be vaccinated to be served. and i think that kind of mentality is going to sweep throughout the employer market. you're going to see a lot of employers require vaccines. >> always good to see you, my friend. zeke emmanuel is a former health policy adviser to president obama. we appreciate your time as always. >>> well, despite this challenging news...
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danny meyer, who is the ceo of union square hospitality group, just announced today he is mandating allemployees and customers prove they've been vaccinated. he has restaurants across new york, d.c., and some other cities, he has said if people want to go unvaccinated, they can dine somewhere else. >> we really tried to lead with a carrot, as you know, for many, many months now. it's about 150 days that we've been truly encouraging people. we are going to give our employees 45 days to make the choice hopefully this will be the incentive that really makes them say you know what, now i'm going to do it. >> new york mayor bill de blasio is calling on every government entity and every private organization to go as far as they can, but some restaurants worry it will drive the regulars away. >> it's an impossible pill to swallow. we are not in a business of turning away guests. take care of guests, we welcome all guests and so yes, it makes it very difficult for us to have to make this decision. >> elsewhere on the east coast, some music venues and restaurants in massachusetts will also requi
danny meyer, who is the ceo of union square hospitality group, just announced today he is mandating allemployees and customers prove they've been vaccinated. he has restaurants across new york, d.c., and some other cities, he has said if people want to go unvaccinated, they can dine somewhere else. >> we really tried to lead with a carrot, as you know, for many, many months now. it's about 150 days that we've been truly encouraging people. we are going to give our employees 45 days to...
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you had danny meyer on u.s.ta variant they are right to do this. it is time businesses know they can't afford another shut down with delta surging, we cannot afford to be cavalier. remote work is great in some circumstances. some things need to be done in person some will say if vaccinated, why worry about it now the cdc is telling us even vaccinated people are likely to transmit after coming into close con stakt. businesses are putting employees' protein kids at risk. >> as usual, i'm ready to end the segment right now. is there another side. >> on the other hand, mandating sounds like a good idea, maybe it is not the only answer. for certain jobs, sure health service, food service but for tech new york city is saying you can either get vaccinated or test weekly if vaccinated people can get covid and be asymptomatic and pass it to kids at home, doesn't that say continuing to test and mask when indoors is more important. the ceo of carbon health said people that lack a trusted doctor relationship are vaccine hes
you had danny meyer on u.s.ta variant they are right to do this. it is time businesses know they can't afford another shut down with delta surging, we cannot afford to be cavalier. remote work is great in some circumstances. some things need to be done in person some will say if vaccinated, why worry about it now the cdc is telling us even vaccinated people are likely to transmit after coming into close con stakt. businesses are putting employees' protein kids at risk. >> as usual, i'm...
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. >> danny meyer for his restaurants. >> i think it has to do with the -- i'm not a doctor, but the amount of time you have to spend with someone who has delta, two minutes and you got it 15 seconds if they breathe on you. 15 sedconds, and different kind of masks, no longer the usual. they want n95. >> the vaccine rate, the daily pace of people getting their first dose is back to a three-week high, so maybe that's why the market is kind of looking past this. >> you're right. i watched the phillies last night, there's no game why? because the nationals, a lot of them used the j&j, david the j&j is not stopping the delta, but people are very asymptomatic they don't know. >> a lot of it is breakthrough but not symptomatic. it's people being tested a lot >> those trayger people are loud >> at the exchange this morning, it is trayger, the grill maker celebrating an ipo today at the nasdaq it is robinhood celebrating its ipo, and as andrew said a moment ago, we will speak to ceo vlad tenev in about 30 minutes. >> vlad never changed haircut wo wise he never felt like he had to conform. he's not a
. >> danny meyer for his restaurants. >> i think it has to do with the -- i'm not a doctor, but the amount of time you have to spend with someone who has delta, two minutes and you got it 15 seconds if they breathe on you. 15 sedconds, and different kind of masks, no longer the usual. they want n95. >> the vaccine rate, the daily pace of people getting their first dose is back to a three-week high, so maybe that's why the market is kind of looking past this. >> you're...
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we can't afford to turn customer s away, then you have danny meyer from union scare hospitality sayingurant you need a vaccine card, so it's so difficult and these businesses are going to have to make the decisions themselves. david: what about customers? do you think that this huge increase in demand, the good increase in demand from customer s that we've seen over the past couple of months will dissipate as a result of fear, the fear factor maybe they won't be as anxious to go out to restaurants as they have been? todd: i don't, i truly don't. i think the demand was so pent-up. i think people are so frustrated with everything and the fact that it is summer, people are saying look, i determined last year that this was going to be the summer of fill in the name of the person there. i'm going to continue with that maybe to a certain extent they don't go out eight days a week maybe just seven especially in a city like this because people have been raring to go. >> and david they're paying more because of inflation. they don't care but there's a point when that has a chilling effect on th
we can't afford to turn customer s away, then you have danny meyer from union scare hospitality sayingurant you need a vaccine card, so it's so difficult and these businesses are going to have to make the decisions themselves. david: what about customers? do you think that this huge increase in demand, the good increase in demand from customer s that we've seen over the past couple of months will dissipate as a result of fear, the fear factor maybe they won't be as anxious to go out to...
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. >> reporter: restaurateur danny meyer going a step further. >> beginning the day after labor day, wents to dine indoors will be vaccinated as well. >> reporter: how will you handle customers that challenge this? >> it's the same way we would challenge somebody who refused to show their i.d. if they were underage at a bar. we won't serve them. >> reporter: he says he will look via a cdc vaccination card or digital passport. for companies dealing with employees who say they're afraid to come back to work, is pan dating vaccines the clearest way to sort of help people who have those concerns? >> a mandate that explains to the employee why it's likely in their best interest as well as the best interest of their colleagues will go a long way. >> our thanks to stephanie ruhle for that report. let's move on to business now, although, it's all related. let's bring in the cnbc domenic chu. what are you looking at? >> reporter: first of all we're investing platform robinhood. it went public. it wasn't a sparkleing debut. the company best known for its access to a free trading smartphone app fe
. >> reporter: restaurateur danny meyer going a step further. >> beginning the day after labor day, wents to dine indoors will be vaccinated as well. >> reporter: how will you handle customers that challenge this? >> it's the same way we would challenge somebody who refused to show their i.d. if they were underage at a bar. we won't serve them. >> reporter: he says he will look via a cdc vaccination card or digital passport. for companies dealing with employees who...