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)

Solar Impulse's Piccard: This Is a First for Energy
32:52 - Bertrand Piccard, pilot of Solar Impulse, discusses his record-breaking, solar powered flight around the world, the importance of landing in Abu Dhabi and the outlook for clean energy. He speaks to Bloomberg's Desley Humphrey on "Bloomberg Markets Middle East."
  • StanChart's Maratheftis: Turkish Uncertainty Remains
  • Bechtel Among Bidders to Manage Saudi Projects
  • Saudi Group Signs Deal to End Biggest Mideast Default