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☆ RFK Jr. is Trump's pick to lead HHS — here's what he could do with that power
▼ + stars: | 2024-11-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.

Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California

☆ Financials’ post-Trump rally has room to run, KBW CEO Tom Michaud suggests
▼ + stars: | 2024-11-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancials’ post-Trump rally has room to run, KBW CEO Tom Michaud suggestsThomas Michaud, KBW CEO, joins 'Fast Money' to discuss what to expect from tomorrow's CPI report and Bitcoin’s post-election rally.

Persons: Tom Michaud, Thomas Michaud Organizations: Trump, CPI

☆ What to watch for when banks report Q3
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat to watch for when banks report Q3Thomas Michaud, KBW president and CEO, joins 'Money Movers' to discuss what to watch for in Q3 bank earnings, how the Fed's path for rate cuts could impact the markets, and more.

Persons: Thomas Michaud

☆ KBW CEO Tom Michaud on the Fed's rate decision, state of banking sector and Basel III requirements
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKBW CEO Tom Michaud on the Fed's rate decision, state of banking sector and Basel III requirementsThomas Michaud, KBW president and CEO, joins 'Squawk Box' to discuss this week's Fed interest rate decision, what to make of the recent volatility in bank stocks, impact of new Basel III requirements on the banking sector, and more.

Persons: Tom Michaud, Thomas Michaud Locations: Basel

☆ Fed easing will take pressure off credit quality, says KBW CEO Tom Michaud
▼ + stars: | 2024-07-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed easing will take pressure off credit quality, says KBW CEO Tom MichaudTom Michaud, KBW president and CEO, joins 'Power Lunch' to discuss regional banks, impact of interest rate reductions from the Fed, projection on the Fed's next moves, the health of banks, and more.

Persons: Tom Michaud Tom Michaud

☆ Olympic athletes are roasting the Olympic Village accommodations on TikTok: 'The bed sucks'
▼ + stars: | 2024-07-29 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

Read previewSome young Olympic athletes are roasting the accommodations at the Olympic Village on TikTok, raising issues with the food, uncomfortable beds, lack of privacy, and limited shared spaces. 'The bed sucks'The Olympic Village was first established in 1924 to bring together thousands of world-class athletes under one roof. Rooms at the Olympic Village feature cardboard beds which were made as part of the organizers' sustainability efforts. Advertisement'Need a Chipotle bowl ASAP'The food at the Paris Olympic Village has also been the subject of athlete complaints. IOC President Thomas Bach tries food from a salad bar while touring the Olympic Village ahead of the start of the Paris 2024 Olympic Games.

Persons: —, Coco Gauff, Celia Dupre, Mike Egerton, Simone Biles, Katherine Holmes, Dupre, Laurent Michaud, " Dupre, Chari, Hawkins, I'm, Thomas Bach, David Goldman, I've, Lloyd Lee, lloydlee@businessinsider.com Organizations: Service, Olympic, Business, London Olympics, Rio, Paris, Getty Images, Washington Post, Associated Press, St, Olympic Games Locations: TikTok, Paris, Swiss, Tokyo, Kitts, Nevis, Caribbean

☆ What to expect from Paris during the 2024 Summer Olympic Games
▼ + stars: | 2024-07-25 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +9 min

Paris CNN —The 2024 Summer Olympic Games formally get underway on Friday with an incredibly unique Opening Ceremony aimed at putting one of the world’s most famous cities on display. PARIS, FRANCE - JULY 24: A view of Trocadero Square, the venue for the Paris Olympics opening ceremony, with the Eiffel Tower in the background, on July 24, 2024 in Paris, France. The 2024 Summer Games were organized with a mind to put the entire French nation on display, including its more tropical territories. A Games focused on sustainabilityPARIS, FRANCE - MARCH 14: The Paris 2024 logo, representing the Olympic and Paralympic Games four months prior to the start of the Paris 2024 Olympic and Paralympic games is displayed on the facade of Paris town hall on March 14, 2024 in Paris, France. The Opening Ceremony of the Paris 2024 Olympic Games takes place on Friday 26th July, along the River Seine.

Persons: Paris won’t, Pont Alexandre III, Sheng Jiapeng, they’re, It’s, Pascal Le Segretain, ”, Georgina Grenon, Paris ’, Laurent Michaud, Martin Rickett, –, Alexandre III Organizations: Paris CNN, Games, Eiffel, Concorde, Paris, China News Service, Getty, Covid, Paris Olympics, Chateauroux, Olympic, Paralympic Games, Paralympic, CNN Locations: Paris, France, of, Versailles, PARIS, FRANCE, Tokyo, China, Nice, Marseille, Bordeaux, Nantes, Lyon, Tahiti, Seine

☆ Bank stocks very well positioned headed into quarterly earnings, says KBW's Tom Michaud
▼ + stars: | 2024-06-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank stocks very well positioned headed into quarterly earnings, says KBW's Tom MichaudTom Michaud, KBW CEO, joins 'Fast Money' with reaction to results of the Federal Reserve's bank stress test.

Persons: KBW's Tom Michaud Tom Michaud Organizations: Email Bank

☆ Paris Olympics 2024: Inside the landmark Olympic Village
▼ + stars: | 2024-06-25 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +10 min

Paris CNN —When Paris last hosted the Summer Olympics 100 years ago, organizers were so keen to bring athletes under the same roof that they built the first-ever Olympic Village. Athletes sitting in front of a cabin in the Olympic Village at the 1924 Summer Olympics in Paris, France. The site for the Olympic Village was chosen in the hopes it would revitalize some of the city’s historically impoverished northern suburbs. A stool made from recyclable cardboard on display in the athletes' accommodation in the Olympic Village in Saint Denis, France. Nathan Laine/Bloomberg/Getty ImagesA cardboard bed inside an athletes' room at the Olympic Village in Saint Denis, France.

Persons: ”, Georgina Grenon, Denis, Saint, ‘, Nathan Laine, Grenon, Joshua Berlinger, ” Grenon, Jerome Giacomoni, Giacomoni, ” Sebastian Coe, Laurent Michaud, Paris Mayor Anne Hidalgo, “, ” Hidalgo, Vandoorne, Derek Van Dam Organizations: Paris CNN —, Paris, Topical, Hulton, Olympic, Organizers, Games, BBC, Bloomberg, Getty, CNN, World, Paralympic, International Energy Agency, Reuters, Paris Mayor Locations: City, Paris, France, Saint, Ile, London, Seine, Tokyo, Saint Denis, Europe

☆ A new crop of startups wants to help solve loneliness among millennials and Gen Z. Here's how they're connecting strangers and making money.
▼ + stars: | 2024-05-10 | by ( Lauren Johnson | Sydney Bradley | ) www.businessinsider.com time to read: +10 min

Plus, the pandemic and the shift to working from home have made millennials and Gen Z lonelier than ever, thanks in part to doomscrolling. "I believe the conventional 'make friends' apps too closely mimic the dating model, which can feel awkward and high-pressure for making friends," he said. The group hosts "reading parties" at bars and event spaces with the goal of helping people connect through reading. Dinner With Friends, a group that throws dinner parties, has worked on sponsored events with brands like Bumble and Geneva. Dinner With Friends founder Anita Michaud said brands typically either sponsor entire dinners or provide products — like canned cocktails — for the dinner parties.

Persons: —, they've, Danial Hashemi, Sydney, Z, millennials, Cliff Lerner, Lisa Oreshkina, Saneblidze, Tom Worchester, Andreessen Horowitz, Victor Pontis, Luma, Liz Chick, Gen, Mira Hobbs, ReCreate's Chick, Anita Michaud, Peter Boyce II, Boyce, Maitree Mervana Parekh, Marlon Nichols, they're, it's, Ben Bradbury Organizations: Service, Business, Sydney Bradley, Big Tech, Tech, Timeleft, Reading, Facebook, VC, Wine, Bumble, New, Acrew, MaC Venture, Reading Rhythms Locations: New York City, Los Angeles, New York, Brooklyn, Squarespace, Lisbon, Amsterdam, London, San Francisco, Geneva

☆ KBW CEO Tom Michaud reacts to Fed decision's impact on banks and the inflation battle
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKBW CEO Tom Michaud reacts to Fed decision's impact on banks and the inflation battleTom Michaud, KBW CEO, joins 'Fast Money' to talk the impact of today's FOMC decision to leave rates unchanged and how that will impact banks, inflation, the economy, and more.

Persons: Tom Michaud

☆ As bank earnings come out, here are the red flags to watch out for this season
▼ + stars: | 2024-04-12 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

For example, we now have a higher interest rate environment that will add more pressure on deposit costs. There is anticipation of more builds for reserves, particularly for commercial real estate, but also possibly for credit cards. The commercial real estate problem is the main issue. "Anything that's levered like commercial real estate, it's a different world," Tom Michaud, CEO of Keefe, Bruyette & Woods, said in a recent interview on FactSet. "I expect more commercial real estate losses in every category, the question is whether it is going to be cataclysmic or is it going to be manageable."

Persons: Financials, Banks, Morgan Stanley, Wells, Wells Fargo, it's, Tom Michaud, Keefe, Woods Organizations: UBS, Credit Suisse, Bank of America, JPMorgan, Federal Reserve, First Republic, Regional Bank ETF, Bank, Allstate, Travelers Locations: Wells Fargo, Treasurys, Hartford

☆ Bank earnings season on deck: Here's what you need to know
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank earnings season on deck: Here's what you need to knowTom Michaud, KBW CEO, joins 'Money Movers' to discuss what he wants to hear from banks about credit and implications to commercial real estate, if there are still any mysteries with commercial real estate exposure, and more.

Persons: Tom Michaud Organizations: Email Bank

☆ NYCB woes don't signal what's going to happen to the whole industry, says KBW CEO
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYCB woes don't signal what's going to happen to the whole industry, says KBW CEOKBW CEO Tom Michaud joins 'Squawk on the Street' to discuss the systemic risk around New York Community Bank, why commercial real estate struggles are very bifurcated, and more.

Persons: Tom Michaud Organizations: New York Community Bank Locations: New

☆ KBW CEO on banking warning signs: Commercial real estate losses not a systemic risk
▼ + stars: | 2024-02-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKBW CEO on banking warning signs: Commercial real estate losses not a systemic riskThomas Michaud, KBW president and CEO, joins 'Squawk on the Street' to discuss what the chief executive makes of the commercial real estate sector's impact on the banks, the gap between the bulge bracket banks and the others, and much more.

Persons: Thomas Michaud

☆ Watch CNBC's full interview with KBW CEO Tom Michaud
▼ + stars: | 2023-12-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with KBW CEO Tom MichaudTom Michaud, KBW CEO, joins 'Fast Money' to talk tomorrow's bank CEO hearing, the fintech space, the possibility of a breakout in the space and much more.

Persons: Tom Michaud Tom Michaud

☆ Big bank executives will assure lawmakers the industry's crisis is over, KBW CEO Thomas Michaud predicts
▼ + stars: | 2023-12-05 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +1 min

Big bank CEOs will likely convey deposits and earnings are stable to lawmakers on Wednesday, according to a major financial services executive. Thomas Michaud, CEO of Stifel company Keefe, Bruyette & Woods, thinks the hearing before the Senate Banking Committee will successfully provide assurance to Washington and Wall Street. "The targeted approach to change deposit insurance to reduce the 'too big to fail' thinking, so depositors don't run like that. He thinks action is needed to keep mid-sized banks competitive with the big banks — starting with lifting Federal Deposit Insurance Corp coverage limits for small businesses. "If deposit insurance reform in my opinion doesn't happen, there's going to be tremendous pressure on those [mid-size] banks to consolidate," Michaud said.

Persons: Thomas Michaud, Keefe, Jamie Dimon, Goldman Sachs, David Solomon, " Michaud, He's, Michaud Organizations: Wall, . Banking, Silicon Valley Bank, Signature Bank, First, Federal Deposit Insurance Corp Locations: Washington, Silicon, First Republic

☆ Banks re-positioning for monster move, suggests KBW CEO Tom Michaud
▼ + stars: | 2023-12-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanks re-positioning for monster move, suggests KBW CEO Tom MichaudTom Michaud, KBW CEO, joins 'Fast Money' to talk tomorrow's bank CEO hearing, the fintech space, the possibility of a breakout in the space and much more.

Persons: Banks, Tom Michaud Tom Michaud

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsNEW YORK, Nov 16 (Reuters) - U.S. bank profits are expected to shrink in the coming months, but the industry has regained its footing after the biggest bank failures since the 2008 financial crisis, analysts said. "Nobody wants to own a lot of bank stocks, whether it's large cap, mid cap, ahead of a credit crunch, ahead of a recession." Michaud, CEO of KBW:"There are a lot of healthier banks, I think, that would look to acquire the banks that have low credit performance. Reporting by Lananh Nguyen, Nupur Anand and Pete Schroeder in New York Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, Thomas Michaud, Keefe, Erika Najarian, Morgan Stanley, We're, Eugene Ludwig, Ludwig, Mitch Eitel, Sullivan, Cromwell, " Michaud, Lananh Nguyen, Nupur Anand, Pete Schroeder, Mark Potter Organizations: New York Stock, REUTERS, delinquencies, UBS, Ludwig Advisors, Federal Deposit Insurance Corp, Thomson Locations: Manhattan, New York City , New York, U.S, New York

LONDON (AP) — A man who was arrested on suspicion of manslaughter in the death of American ice hockey player Adam Johnson, whose neck was cut by a skate during a game, was released on bail Wednesday. He was arrested on Tuesday, and released on bail on Wednesday pending further inquiries. Petgrave skates toward Johnson and collides with another Panthers player. Petgrave's left skate kicks up as he begins to fall and the blade hits Johnson in the neck. It would be rare, but not unprecedented, for a hockey player to be charged.

Persons: Adam Johnson, Johnson, Matt Petgrave, Petgrave's, Petgrave, Adam, Becs Horsfall, Giacinto, Jim ” Boni, Miran, Schrott, Boni, Marty McSorley, Todd Bertuzzi, McSorley, Donald Brashear, Bertuzzi, Steve Moore, Westin Michaud, Matt, " Michaud, Let’s, ”, Rod Pasma, Pasma, we’re, ” Pasma, “, Dr, Willem Meeuwisse, ” Meeuwisse, Stephen Whyno, ___ Organizations: Nottingham Panthers, Sheffield Steelers, Elite Ice Hockey League, South Yorkshire Police, Sheffield, NHL, Steelers, Panthers, Nottingham, Pittsburgh Penguins, Ice Hockey Association, Elite League, AP, Canadian Press Locations: England, Italy, Canada, Minnesota, Toronto, Washington

American figure skater Ilia Malinin began his Grand Prix season in a familiar place. I was not expecting that,” said Malinin, who won both of his Grand Prix assignments in his senior debut last season. The competition resumes Saturday with the men's and pairs free skates, the rhythm dance and the women's short program. Then came the quad lutz, the second-hardest jump behind the quad axel, and Malinin combined it with a triple toe loop to drive up his score. His triple axel looked easy given he is perfectly capable of doing a quad.

Persons: Ilia Malinin, Malinin, Kevin Aymoz, Shun Sato, ”, Annika Hocke, Robert Kunkel, Lia Pereira, Trennt Michaud, Ernesto Lecuona, axel, “, ” Malinin, Pereira, Michaud, Chelsea Liu, Balasz Nagy, Isabelle Martins, Ryan Bedard, Hocke, —, we’re Organizations: Skate America, Credit Union of Texas, Trennt Michaud of Canada, lutz, Shanghai Trophy, Paris Locations: Fairfax , Virginia, Allen , Texas, France, Japan, Germany, Cuban, paris

☆ KBW CEO: There's a big headwind to earnings cause of rates, but pace of deterioration is slowing
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKBW CEO: There's a big headwind to earnings cause of rates, but pace of deterioration is slowingKBW CEO Thomas Michaud joins 'Squawk on the Street' to discuss his thoughts on Friday's market action, whether the negative sentiment towards financials is justified, and the bifurcation between the big banks.

Persons: There's, Thomas Michaud

Sept 20 (Reuters) - Consumer goods firms like Nestle (NESN.S), Lindt (LISN.S) and Unilever (ULVR.L) may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say. France is a crucial country for consumer goods companies, having long outstripped Germany, Italy, Spain and others as the European Union's biggest market for groceries by supermarket revenues, according to research firm IBISWorld. That means consumer groups will face pressure to rein back prices across the European Union. Because these supermarkets are in different countries and do not compete with one another, they often combine forces to negotiate with consumer goods makers. Consumer goods makers have for more than two years grappled with sky-rocketing input, supply chain and labour costs that they have either absorbed - taking a hit to margins - or passed on to retailers.

Persons: It's, Laurent Thoumine, Thoumine, Ferrero's, Pernod Ricard's Ricard, Systeme, Germany's, Switzerland's, Italy's, Philippe Michaud, Leclerc, Bruno Le Maire, Le Maire, Richard Saldanha, Lindt, Saldanha, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Consumer, Nestle, Unilever, Carrefour, PepsiCo, European, Reuters, European Union, Epic Partners, French Finance, Aviva Investors, Paris, Thomson Locations: Europe, France, Germany, Italy, Spain, Eurelec

☆ French supermarkets to demand food groups cut prices by up to 5%
▼ + stars: | 2023-09-20 | by ( Helen Reid | Thomson Reuters | London-Based Reporter Covering The European Retail Sector Through A Global Lens. Focusing On Companies Including Adidas | ) www.reuters.com time to read: +3 min

French retailers have criticised consumer goods giants like Unilever and Nestle for price hikes they say are unjustified. The government has also put pressure on the consumer goods makers to cut prices. "We should probably be able to demand that the big (consumer goods) groups cut prices by between 2% and 5%," he said. Consumer goods firms are likely to face increased pressure across Europe to cut prices, industry experts say. Lawmakers also asked about buying alliances, which some supermarkets use to negotiate prices jointly with peers at the European level, and whether they enable retailers to evade French regulations on pricing.

Persons: Sarah Meyssonnier, Les Mousquetaires, Thierry Cotillard, Cotillard, Mousquetaires, Jan, Alexandre Bompard, Lawmakers, Systeme, Dominique Schelcher, E Leclerc, Philippe Michaud, Miloud, Leclerc, Michaud, Helen Reid, Hugh Lawson Organizations: REUTERS, Unilever, Nestle, Carrefour, Senate, REWE, Thomson Locations: Carrefour, Montesson, Paris, France, Portugal, Spain, Europe, Greece, London

☆ The Fed is 'done' and we won't get a November bump, says KBW CEO
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is 'done' and we won't get a November bump, says KBW CEOThomas Michaud, KBW CEO, joins 'Squawk on the Street' to discuss the Fed's impact on financials and more.

Persons: Thomas Michaud

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