Obama Nominates Watt for FHFA, Wheeler for FCC

May 1 (Bloomberg) -- U.S. President Barack Obama names U.S. Representative Mel Watt as his choice for director of the Federal Housing Finance Agency and fundraiser Tom Wheeler to head the Federal Communications Commission. Obama speaks at a news conference at the White House. Watt and Wheeler appear with Obama. (Source: Bloomberg)
China Sends a Message With World War II Parade
07:46 - China is leaving nothing to chance ahead of Thursday's commemoration of the end of World War II. Unprecedented steps have been taken to ensure the stock market rout and the Tianjin disaster do not overshadow President Xi's day. Bloomberg's David Tweed reports on "First Up." (Source: Bloomberg)
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