Grab-ing the Biggest SPAC; Supporting Peng Shuai

The omicron variant lands in the United States with its first known case appearing in California. The White House is out with new guidance on how to deal with the new variant by tightening travel restrictions, extending mask mandates, and rapid tests that may be costing consumers. Joe Kernen, Becky Quick, and Andrew Ross Sorkin discuss how this news might be influencing investors and the Fed. And the largest Southeast Asian company to list in the U.S. has gone public on the Nasdaq. SoftBank-backed “super app” Grab debuted in the largest SPAC merger of all time. Grab CEO & Founder Anthony Tan discusses the size of the company’s market. Plus, the Women’s Tennis Association announced they will boycott tournaments in China to protect the safety of their players, a move in support of Peng Shuai.

In this episode:

Anthony Tan, @AnthonyPY_Tan

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie