Obama Names 3 to Cabinet for EPA, Energy, Budget

March 4 (Bloomberg) -- President Barack Obama announces three cabinet-level nominations, choosing Sylvia Mathews Burwell of the Wal-Mart Foundation as director of the Office of Management and Budget, scientist Ernest Moniz as head of the Energy Department, and Gina McCarthy to lead the Environmental Protection Agency, where she’s been an assistant administrator. Obama speaks at a news conference at the White House. (Source: Bloomberg)
Jumei Co-CFO Says China Tariff Cut Has Minimum Impact
10:00 - Mona Gao, co-chief financial officer of Jumei International Holding Ltd., Beijing-based online seller of beauty products, talks about the company's business strategy. American depositary receipts of Jumei tumbled the most on record on concern China's decision to cut taxes on imported consumer goods will reduce the company's pricing advantage. Gao speaks with Shery Ahn on Bloomberg Television's "First Up." (Source: Bloomberg)
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