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Alcohol harm expert Richard Piper used to drink heavily. His 'dry by default' rule helped him reduce the risks of drinking without going sober. Being "dry by default" means Piper will drink on rare occasions rather than most days, for example when non-alcoholic alternative to a beer he likes isn't available. Advertisement"There is no such thing as healthy drinking," Piper said. AdvertisementDrinking doesn't only bring health risks.
Persons: Richard Piper, Piper, Zers, Gallop, Niall Carson Organizations: Gallup, Getty Images Research, European, of Public Health, European Union, US Department of Health, Human Services
“It’s like Typhoid Mary being in charge of food safety.”But another group was celebrating Trump’s pick: the anti-vaccine movement Kennedy leads. She and Polly Tommey, director of CHD.TV and a longtime anti-vaccine activist, reflected on Kennedy’s power within their campaign. Holland urged viewers to “educate” the public and Congress that Kennedy’s anti-vaccine claims were accurate, aiming to boost his support among senators who would vote on his confirmation. Kennedy now has a chance to bring that advocacy into the top public health office in the country. Stone replied, “I am over the moon about the appointment.”Others relished how Kennedy might bring a dreamed-about reckoning in public health agencies and retribution against former public health officials.
Persons: Donald Trump’s, Robert F, Kennedy Jr, , Mandy Cohen, ” “, Richard Besser, Kennedy, Paul Offit, Mary, Mary Holland, Polly Tommey, “ Bobby Kennedy, ” Holland, , ” Tommey, Holland, Bobby Kennedy, wouldn’t, he’s, Del Bigtree, Michaela Roman, Dr, Sherri Tenpenny, Trump, Steve Kirsch, Kirsch, Alex Azar, ” Kennedy, “ We’re, Alex Jones, Roger Stone, Stone, Steve Bannon, Fauci, Anthony Fauci, Naomi Wolf Organizations: Department of Health, Human Services, , Centers for Disease Control, Children’s Hospital of Philadelphia, Health Defense, , MAHA Alliance, Kennedy’s, Oregon Capitol, Vaccine Safety Research Foundation, RFK, CDC, National Institutes of Health, Food and Drug Administration, NIH, National Institute of Allergy, Bannon’s
In today’s edition, national political reporter Ben Kamisar examines how House Republicans are growing increasingly aligned with Donald Trump. Plus, "Meet the Press" moderator Kristen Welker looks back at how Trump's Cabinet announcements from right yers ago compare to now. The House GOP is more aligned with Trump than everBy Ben KamisarPresident-elect Donald Trump and the GOP believe Americans delivered them a mandate last week when they handed the party unified control of Washington. Newly elected Senate GOP leader John Thune certainly isn’t a Trump antagonist, but he’s a descendent of the institutional Republican Party. It’s a dynamic worth keeping tabs on, especially as Senate Republicans begin the process of vetting Trump’s Cabinet picks.
Persons: Ben Kamisar, Donald Trump, Kristen Welker, Trump, ” Rep, Troy Nehls, Kyle Stewart, , John Thune, Trump’s, Sen, John Barrasso, Donald Trump’s, , — Trump, Marco Rubio, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Doug Burgum, Tulsi Gabbard, James Mattis, John Kelly, Jeff Sessions, , Steve Bannon, Gaetz, Mike Johnson, Elon Musk, Vivek Ramaswamy, Todd Blanche, Doug Collins, 🗞️, Jo Organizations: NBC, White House, Capitol, Republicans, GOP, Trump, NBC News, , Senate, Republican Party, Press, State Department, Justice Department, Defense Department, Department of Health, Human Services, Interior Department, Pentagon, Department of Homeland Security, RFK Jr, Department, Former Trump, Republican, Health, Elon, Department of Veterans Affairs, Sena Locations: Washington, Texas, Pennsylvania, Gaetz, California, Iraq
Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates. The S&P 500 slipped 1.32% and closed at 5,870.62, while the Nasdaq Composite fell 2.24% to 18,680.12. Declines in pharmaceutical stocks weighed on the 30-stock Dow and broader S&P 500, with Amgen down about 4.2% and Moderna off by 7.3%. The information technology sector of the S&P 500 was the worst performing corner of the market, down more than 2% as Nvidia, MetaPlatforms, Alphabet and Microsoft tumbled. The S&P 500 posted a weekly loss of 2.1%, while the Nasdaq Composite slid about 3.2%.
Persons: Stocks, Donald Trump, Robert F, Kennedy Jr, Tesla, , Kristy Akullian, , Jerome Powell, Susan Collins, Dow Jones Organizations: Dow Jones Industrial, Nasdaq, Dow, Moderna, Department of Health, Human Services, P Biotech, Nvidia, Microsoft, Trump Trade, ” Traders, Federal, Boston, Street Locations: Americas, BlackRock
The Summary Scientific American editor-in-chief Laura Helmuth is leaving the publication. Soon after the election, she posted several profanity-laced comments on social media posts about the results. “I’ve decided to leave Scientific American after an exciting 4.5 years as editor in chief,” Helmuth wrote Thursday on BlueSky. Scientific American did not directly respond to questions about Helmuth’s departure, but its president, Kimberly Lau, said in a statement: “Laura Helmuth has decided to move on from her position as editor in chief of Scientific American. With Helmuth at the helm, Scientific American began to endorse candidates for the first time in 175 years.
Persons: Laura Helmuth, “ I’ve, ” Helmuth, “ I’m, Helmuth, Kimberly Lau, Laura, bemoaning, , Joe Biden, Kamala Harris, Donald Trump “, Robert F, Kennedy Jr, Donald Trump’s, Kennedy Organizations: Scientific, University of North, RFK Jr, Department of Health, Human Services Locations: BlueSky, University of North Carolina
In the closing weeks of the presidential campaign season, Sen. John Fetterman did something different than other Democrats. NBC NEWS: As you’re looking in the rearview mirror a little bit at the 2024 election, do you think Democrats need to change how they talk to voters? NBC NEWS: What is your biggest concern moving forward, and what’s kind of the biggest thing that you think Democrats need to address? NBC NEWS: So to bounce off that, has there been a conversation among Democrats that’s essentially what you’re talking about? How do you think Democrats should handle this development?
Persons: Sen, John Fetterman, Joe Rogan’s, Kamala Harris, Fetterman, “ It’s, ” Fetterman, , Trump, Matt Gaetz, Robert F, Kennedy Jr, “ I’ve, , that’s, , it’s, Kennedy, Reagan, Elon, I’ve, we’ve, Bob Casey, , It’s, They’ve, I’m, Hey, that’s what’s, Gaetz, That’s, — FETTERMAN, you’re, he’ll, Trump’s, Musk, Vivek Ramaswamy, Biden, Dave McCormick, McCormick, Hillary, Clinton, you’ve, I’ll, ” I’m Organizations: Republicans, of Health, Human Services, NBC, Democratic, Democratic Party, Republican, America, Senate, Greens, Pennsylvania Senate Locations: , Lincoln, Pennsylvania, Allegheny, Pittsburgh,
Thune ducked a question about whether he would support Kennedy's confirmation, saying that the process "is just getting started" and adding that there would be "a vetting process." Cassidy is currently the ranking member of the Senate Health, Education, Labor and Pensions committee and is considered a contender for chairing the committee in the next Congress. Sen. Ed Markey, D-Mass., said in a post to X that Kennedy was “Dangerous. I will hold any HHS Secretary to the same high standard of protecting and improving public health," Polis added in the later post. A majority of senators must vote in support of a nominee in order for the position to be confirmed.
Persons: WASHINGTON —, Donald Trump, Robert F, Kennedy Jr, Kennedy, Sen, John Thune, Thune, it’s, Bill Cassidy, Cassidy, Wisconsin Sen, Ron Johnson, Alabama Sen, Tommy Tuberville, Missouri Sen, Josh Hawley, Ron Wyden, Ed Markey, Chris Van Hollen, Patty Murray, Murray, Jared Polis, Polis Organizations: Department of Health, Human Services, Republican, Health, Education, Labor, Pensions, Wisconsin, Big Pharma, RFK, NBC News, Colorado Gov, HHS, FDA, NBC, Republicans, Senate Locations: WASHINGTON, Alabama, Missouri
Jim Cramer explains why vaccine and packaged food stocks aren't a good buy in this Fed rate cycle'Mad Money' host Jim Cramer explains why he believes vaccine skeptic Robert F. Kennedy Jr. could upend the Department of Health and Human Services if he leads it, whether vaccine and packaged food stocks are a good buy in this Fed rate cycle, and more.
Persons: Jim Cramer, Robert F, Kennedy Jr Organizations: Department of Health, Services
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Trump's selection of RFK Jr. as HHS secretary could impact the pharma sectorJared Holz, healthcare sector strategist at Mizuho Securities America, and CNBC's Angelica Peebles join 'Power Lunch' discuss pharma stocks' reaction to Robert F. Kennedy Jr.'s appointment to lead the Department of Health and Human Services, what the incoming administration could mean for regulation in the sector, and more.
Persons: Jared Holz, Angelica Peebles, Robert F, Kennedy Jr Organizations: RFK Jr, pharma, Mizuho Securities America, Department of Health, Human Services
The president-elect’s previous selections for director of national intelligence, attorney general and defense secretary could change the country and the world in the long term. The US Department of Health and Human Services secretary has a massive platform and huge power to influence the information that Americans have and the choices they make. “I guess if you like health and you like people who live a long time, it is the most important position,” Trump said. Christina House/Los Angeles Times/Getty ImagesAnother health expert and former US Centers for Disease Control and Prevention acting director condemned the pick. The highly contagious disease is preventable with two doses of the measles vaccine that most Americans get as kids.
Persons: Donald Trump’s, Robert F, Kennedy Jr, , Kennedy, Trump’s MAGA, Kennedy’s ascendency, Bobby ’ Kennedy, ” Trump, Bobby, , Matt Gaetz, Trump, Pete Hegseth, Tulsi Gabbard, Bashar al, Assad, Carlos Barria, Jake Tapper, Indiana Sen, Jim Banks, Jake, Donald Trump, ” Banks, , ’ Kennedy, he’d “, Dr, Ashish Jha, Covid, CNN’s Wolf Blitzer, Jha, Christina House, Richard Besser . Besser, CNN’s Kaitlan Collins, kindergartners, Mandy Cohen, CNN’s Meg Tirrell, who’s, ” Cohen, Lex Fridman’s, CNN’s Kasie Hunt, don’t, , , won’t, Mitch McConnell — Organizations: CNN, National Institutes of Health, RFK Jr, Trump, US Department of Health, Human Services, Trump’s, Fox News, America, Reuters, Biden, Brown University’s School of Public Health, Republican, Democratic, “ RFK, Los Angeles Times, US Centers for Disease Control, World Health Organization, CDC, Milken, Health Summit, Trump Cabinet, Senate, FBI, GOP Locations: Lago, Florida, Palm Beach , Florida, Washington, Huntington Park , California
Even with vaccine skeptic Robert F. Kennedy Jr. tapped to potentially lead the Department of Health and Human Services, CNBC's Jim Cramer said drug and junk food industries aren't necessarily headed for ruin. "Ultimately, if RFK dons jackboots and demands that we don't have vaccines or eat junk food, it probably won't matter," he said. At the same time, Cramer added, Kennedy has taken a hard stance against processed food. Many drug and processed food stocks have already shouldered heavy losses since Trump named Kennedy, including Eli Lilly , Bristol-Myers , Moderna , PepsiCo , J.M. Plus, he continued, drug and junk food stocks aren't particularly good investments during a rate-cutting cycle.
Persons: Robert F, Kennedy Jr, CNBC's Jim Cramer, Donald Trump, Kennedy, it's, Cramer, Kennedy's, Eli Lilly, Smucker, Mills, he's, Trump Organizations: Department of Health, Human Services, RFK, and Drug Administration, Centers for Disease Control, National Institutes of Health, HHS, Trump, Moderna, PepsiCo, J.M Locations: U.S, Bristol, Myers
Applied Materials — Shares tumbled more than 8% after the semiconductor equipment manufacturer offered weak revenue guidance for the current quarter. Applied Materials said it forecasts $7.15 billion in the first fiscal quarter, under the estimate of $7.224 billion from analysts polled by LSEG. Berkshire Hathaway bought more than 1.2 million shares, making the investment worth around $550 million at the end of September. Ulta Beauty – Shares slipped 5% after Berkshire Hathaway revealed in a regulatory filing that it had nearly dissolved its position in the beauty retailer, selling around 97% of its shares. Ulta was a new bet for Berkshire, which had just bought the stock in the second quarter.
Persons: Robert F, Kennedy Jr, Donald Trump's, Warren Buffett, Berkshire Hathaway, Ulta, Palantir, Jesse Pound, Lisa Kailai Han, Pia Singh Organizations: Materials, LSEG, Moderna, Department of Health, Human Services, Corp, , Berkshire, Pool Corp, Nasdaq, New York Stock Exchange Locations: China, Domino's
Shares of obesity drugmaker Eli Lilly fell more than 4% on Friday, extending a roughly 3% slide in Thursday's session. Ozempic is the posterchild of the fast-growing GLP-1 class, in which Novo Nordisk and Eli Lilly are currently the two dominant players. Bottom line Eli Lilly has been our favorite drug stock for years thanks to its stellar pipeline led by GLP-1s. But, at this point, Kennedy's nomination requires us to be more cautious on Eli Lilly in the near term. Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.
Persons: Eli Lilly, Donald Trump, Robert F, Kennedy Jr, Kentucky Sen, Rand Paul, Kennedy, Trump, Eli Lilly's, John F, Kennedy —, LLY, Eli Lilly's GLP, Jim Cramer, David Ricks, Lilly, It's, Jim, it's, Jim Cramer's, Cristina Arias Organizations: Republican, Department of Health, Human Services, HHS, and Drug Administration, Centers for Disease Control, Medicare, Medicaid, Senate, Democratic, GOP, Media, Novo Nordisk, Moderna, Pfizer, Deutsche Bank, GSK, White, CDC, Street Journal, GLP, Big Pharma, FDA, tirzepatide, CNBC, Company, Pharmaceutical Locations: Washington, Kentucky, Danish, U.S, Alcobendas, Madrid, Spain
“Donald Trump’s bungling of public health policy during the Covid pandemic cost hundreds of thousands of lives. “FDA’s war on public health is about to end,” he said in a social media post. Pack your bags.”That warning followed comments Kennedy has made about ending National Institutes of Health research into infectious diseases, putting doctors in the field on edge. water systems to remove fluoride from public water. Kennedy’s messaging on food policy has resonated with some health experts in that field.
Persons: Donald Trump’s, Robert F, Kennedy Jr, Dr, Ashish Jha, , Carlos del Rio, Trump, ” Trump, “ Robert F, Kennedy, Jr, ” Robert Weissman, “ Donald Trump’s bungling, Michael Osterholm, , Osterholm, he’d, Ronald Reagan’s, he’s, ” Kennedy, Paul Offit, Jesse Watters, I’ve, Jason Schwartz, Edward Chen, it’s, I’m, Ashley Malin, ” Malin, Food Kennedy, Sanjay Gupta, Marion Nestle, Sen, Ron Johnson, Nestle, ” Nestle, CNN’s Carma Hassan, Nadia Kounang, Daniel Dale, Aaron Pellish Organizations: CNN, US Department of Health, Human, Brown University School of Public Health, Emory School of Medicine & Grady Health, Public Health, Health, HHS, Department of Health, Human Services, Public Citizen, Infectious Disease, University of Minnesota, US Centers for Disease Control, US Food and Drug, FDA, Pharma, of Health, Vaccine Education Center, Children’s Hospital of Philadelphia, CDC, Vaccines, Health Defense, Fox News, Yale School of Public Health, Trump White, U.S, American Dental Association, Environmental Protection Agency, MSNBC, Epidemiology, University of Florida’s College of Public Health, CNN Health Locations: Wisconsin
Markets sink: Stocks are taking it on the chin Friday, capping off a week in which the S & P 500 fell about 2%. Bright spots : The two best-performing S & P 500 sectors this week are financials and energy. Health care was far and away the worst-performing group in the S & P 500. Next week: There's 11 companies in the S & P 500 reporting next week. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, There's, Donald Trump's, Jerome Powell, Trump, , Morgan Stanley, Wells Fargo, Robert F, Kennedy Jr, Eli Lilly, we'll, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, Traders, – BlackRock, Energy, Coterra Energy, Disney, Department of Health, Human Services, pharma, Nvidia, Walmart, Viking Holdings, TJX Companies, Palo Alto Networks, Target, Williams, Club, BJ's, Ross Stores, Baidu, PDD Holdings, GE Healthcare, Jim Cramer's Charitable Locations: Wells Fargo, Sonoma, Snowflake, Palo Alto
Jim Cramer on why RFK Jr. could upend HHS
  + stars: | 2024-11-15 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer on why RFK Jr. could upend HHSMad Money' host Jim Cramer explains why vaccine skeptic Robert F. Kennedy Jr. could upend the Department of Health and Human Services if he leads it.
Persons: Jim Cramer, Robert F, Kennedy Jr Organizations: RFK Jr, Department of Health, Services
In today’s edition, senior national political reporter Sahil Kapur examines the way Democrats can still exert some power in Donald Trump's Washington. How Democrats can still flex power in Trump’s WashingtonBy Sahil KapurRepublicans have won full control of Washington, but Democrats will retain two key levers of power to shape legislative outcomes in Donald Trump’s second term. That margin is slimming further as Trump plucks House members for administration jobs. The last two years showed how chaotic and dysfunctional this GOP-controlled House can be, even when the stakes are low. The Ethics Committee has jurisdiction over only sitting House members.
Persons: Sahil Kapur, Donald, Donald Trump's Washington, Matt Gaetz's, Robert F, Kennedy Jr, Donald Trump’s, Robert Garcia, , Sen, John Thune, , Chris Van Hollen, Van Hollen, Patty Murray, Richard Hudson, Trump, Donald Trump, it’s, it’ll, Tony Gonzales, Matt Gaetz, Ryan Nobles, Julie Tsirkin, Frank Thorp V, Kate Santaliz, Gaetz, Justice Department —, they’ll, Joni Ernst, John Curtis, → Trump, Berkeley Lovelace Jr, Dasha Burns Trump, Kennedy, Bill Cassidy, Tulsi Gabbard, Pete Hegseth, Elon Musk, Vivek Ramaswamy’s, 🗞️, Tim, lea Organizations: NBC, White House, Capitol, Republicans, Health, Human Services Department, Sahil Kapur Republicans, Trump plucks, , Republican, Senate, GOP, House Republican, Justice Department, NBC News, Committee, Punchbowl News, RFK, Human Services, Department of Health, Food and Drug Administration, Education, Labor, Pensions, “ RFK, Trump, Elon, of Government, Cabinet Locations: Donald Trump's, Trump’s Washington, Washington, , Texas, Florida, Congress, Iowa, Utah, Elon, usk
Shares of vaccine makers fell on Thursday as President-elect Donald Trump nominated Robert F. Kennedy Jr., a prominent vaccine skeptic, to lead the Department of Health and Human Services. Moderna’s stock closed more than 5% lower on Thursday, shares of Novavax fell more than 7% and Pfizer’s stock ended more than 2% lower. Shares of BioNTech, the German drugmaker that helped develop a Covid vaccine with Pfizer, closed more than 6% lower. Shares of those companies dipped further in extended trading as Trump confirmed his pick in a post on his platform Truth Social. Kennedy’s track record as a vaccine skeptic is extensive.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump, Kennedy Organizations: Department of Health, Human Services, Pfizer, GSK, Health, Trump, Moderna, Health Defense Locations: Novavax, British, U.S
President-elect Donald Trump on Thursday picked Robert F. Kennedy Jr., an anti-vaccine activist who dropped out of the 2024 presidential race and endorsed Trump, to lead the Department of Health and Human Services. "I am thrilled to announce Robert F. Kennedy Jr. as The United States Secretary of Health and Human Services (HHS)," he wrote. "For too long, Americans have been crushed by the industrial food complex and drug companies who have engaged in deception, misinformation, and disinformation when it comes to Public Health." Donald Trump Jr. also shared the news on X. Azar replaced the first Trump-appointed health secretary, Tom Price, who resigned over his use of private jets for government business, costing U.S. taxpayers hundreds of thousands of dollars.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump, Donald Trump Jr, Kennedy, Trump “, , , Ben Carson, Trump's, Bobby Jindal, Sen, Bill Cassidy, , Richard Besser, “ I’m, ” Besser, Alex Azar, Azar, Tom Price Organizations: Department of Health, Human Services, United, Health, Public Health, Trump, HHS, for Disease Control, Food and Drug Administration, National Institutes of Health, Centers, Medicare, Services, Children’s Health Defense, Louisiana Gov, state's Department of Health, Hospitals, Education, Labor, Pensions, “ RFK, FDA, NBC News, U.S, CNBC Locations: U.S
West Palm Beach, Florida CNN —President-elect Donald Trump is on the verge of announcing Robert F. Kennedy Jr. as his next secretary of the Department of Health and Human Services, according to two people close to the situation, in a move that would add to Trump’s provocative picks whose confirmation process will test the loyalty of Senate Republicans. Trump has formally offered Kennedy the job and the announcement could come as soon as Thursday. This is a breaking story and will be updated.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump, Kennedy Organizations: Palm Beach , Florida CNN —, Department of Health, Human Services, Republicans Locations: Palm Beach , Florida
Robert F. Kennedy Jr. is President-elect Trump's pick to lead the US Department of Health and Human Services. Advertisement"Make America Healthy Again" is the new healthcare slogan from Robert F. Kennedy Jr., President-elect Trump's new pick for Health and Human Services secretary. AdvertisementHere's what we know so far about Kennedy's public health philosophy, and what kinds of reforms he might fight for in 2025 and beyond. Kennedy's MAHA ideas include shifts in some basic public health protocolsMost Americans have fluoridated tap water. His stance has public health officials spooked, because part of what makes vaccination work so well is the fact that nearly everyone in our society does it.
Persons: Robert F, Kennedy Jr, Trump's, He's, he'll, , Trump, Kennedy, Leonard Ortiz, I'm, Mandy Cohen, Lindsey Nicholson, Robert Califf, John F, Kennedy's, Bernie Sanders, it's Organizations: US Department of Health, Human Services, RFK, Service, Health, HHS, National Institutes of Health, for Disease Control, Prevention, Food and Drug Administration, MediaNews, Orange, Getty, NBC, Washington DC, Union, FDA, Pharma, Big Pharma Locations: Washington, California, Trump
Rather than face the humiliation of a rejection vote in the Senate, Cabinet nominees are more frequently withdrawn when it becomes clear they cannot be confirmed. Here’s a look at the Cabinet confirmation process, why it exists, where it’s gone wrong and how Trump wants to find a way around it. Presidents like Ronald Reagan, Clinton and both Bushes did use recess appointments, although usually for positions below the Cabinet level. While Democrats can no longer filibuster Cabinet nominees, they can slow the process down. Then, the Senate rejected Taney when Jackson put him forward for a Supreme Court nomination.
Persons: George H.W, Bush, John Tower, , Tower, Matt Gaetz, Donald Trump’s, Gaetz, Department of Justice –, Trump, Robert F, Kennedy Jr, Kennedy, it’s, Bill Clinton, Zoe Baird, Joe Biden, Biden, Trump’s, Sen, John Thune, Ronald Reagan, Clinton, Mickey Kantor, Barack Obama, Senate can’t, , Republicans don’t, Mike Johnson, Let’s, Johnson, Edward Whelan, Roger B . Taney, Andrew Jackson, Taney, Jackson, Martin Van Buren, England . Taney, Scott Organizations: CNN, Pentagon, Florida Rep, Department of Justice, Senate, Former House, of Health, Human Services, White House, United Nations, CIA, Law, Public Service, Democratic, Partnership for Public Service, Office, National Labor Relations, US, Senators, Republicans, GOP, Trump, Republican, The Washington Post, Bank of, Federal Reserve, Taney Locations: Texas, Geneva, United States, The, England
New York CNN —Shares of prominent vaccine makers plunged Thursday after President-elect Donald Trump announced his pick of Robert F. Kennedy Jr. to be the next secretary of the Department of Health and Human Services. An hour before the market closed Thursday, as news reports of Trump’s choice began trickling out, Covid-19 vaccine maker Moderna dipped as much as 6%, and Pfizer fell almost 2%. Novavax, which created a protein-based Covid-19 vaccine, fell almost 6%. Last week, Kennedy said he would “immediately” begin studying vaccine safety and efficacy but promised to not “take vaccines away from anybody.”Other vaccine-related companies also felt the fallout. Over the past year, Pfizer stock has dipped 11%, and Moderna stock has plunged 46%.
Persons: Donald Trump, Robert F, Kennedy Jr, Kennedy, , Trump, ” Trump, CNN’s Kaitlan Collins, Kristen Holmes, Aaron Pellish Organizations: New, New York CNN, Department of Health, Human Services, Moderna, Pfizer, BioNTech, British GSK, Health, HHS Locations: New York, British
Trump has nominated Robert F. Kennedy Jr to lead the Department of Health and Human Services. The president-elect previously vowed to let Kennedy "go wild on health." AdvertisementTrump has nominated former presidential candidate Robert F. Kennedy Jr. to lead the Department of Health and Human Services, likely sparking a confirmation battle in the Senate. "I am thrilled to announce Robert F. Kennedy Jr. as The United States Secretary of Health and Human Services (HHS)," Trump wrote on Truth Social. Representatives for Trump and Kennedy did not immediately respond to a request for comment.
Persons: Trump, Robert F, Kennedy Jr, Kennedy, , Obama, Semafor Organizations: Department of Health, Human Services, Service, United, Health, Public Health, Biden, and Drug Administration, Pfizer, Moderna, Trump, HHS
Domino's Pizza , Ulta Beauty — Shares surged about 8% after Berkshire Hathaway announced a new stake in the pizza chain in a regulatory filling. The Warren Buffett-led firm bought more than 1.2 million shares, making the stake worth around $550 million at the end of September. Applied Materials — The semiconductor equipment manufacturer slid 5% after offering a weak revenue outlook for the current quarter. Applied Materials said to anticipate $7.15 billion in the first fiscal quarter, under the estimate of $7.224 billion from analysts polled by LSEG. Palantir will continue trading under the same ticker and expects to meet requirements to be listed in the Nasdaq 100 .
Persons: Berkshire Hathaway, Warren Buffett, Ulta, Despegar.com, FactSet, Robert F, Kennedy Jr, Donald Trump's Organizations: Berkshire, Materials, LSEG, Technologies, New York Stock Exchange, Nasdaq, Palantir, Department of Health, Human Services, Moderna, Pfizer Locations: Despegar.com —, Argentina
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