Taking Off: Holiday Travel & Beauty Gifting 12/18/23

As holiday travel ramps up, Southwest Airlines is landed with a $140 million fine for last holiday season’s travel meltdown. U.S. Transportation Secretary Pete Buttigieg emphasizes airline obligations to passengers, as well as the infrastructure needed to protect American consumers and travelers. Companies must now disclose cyberattacks in a timely manner, in compliance with new rules from the SEC. Former CEO of FireEye and current Mandiant CEO Kevin Mandia explains the implications of this new rule for shareholders and corporations. Plus, the world’s fourth largest steel producer, Japan’s Nippon Steel, is buying US Steel for $14.9 billion. CNBC’s Courtney Reagan reports on the strength of beauty this holiday season, as the total addressable market for the sector expands in age and gender identity.

 

Courtney Reagan - 6:49

Phil Lebeau - 13:10

Pete Buttigieg - 20:03

Kevin Mandia - 28:36

 

In this episode:

Pete Buttigieg, @SecretaryPete

Courtney Reagan, @courtreagan

Phil Lebeau, @Lebeaucarnews

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie