Stocks to Rise on Buybacks, No IPOs, Kapito Says

May 9 (Bloomberg) -- BlackRock Inc. President Robert Kapito talks about retirement planning, investment strategy and the outlook for U.S. markets. Kapito speaks with Scarlet Fu, Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance." William "Bo" Peabody, a partner at Greycroft Partners LLC, also speaks. (Source: Bloomberg)
Brown: Mandatory Water Curbs for California Drought
15:10 - California Governor Jerry Brown, a Democrat, speaks about the state's drought now entering its fourth year and first-ever mandatory water restrictions put in place today. Brown issued an executive order seeking a mandatory 25 percent reduction in use and a requirement that new homes feature water-efficient irrigation if the builder plans to use potable water for landscaping. He also called for 50 million square feet of lawns to be replaced with drought-tolerant landscaping and required campuses, golf courses and cemeteries to cut back on water. (Source: Bloomberg)
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