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)
Naspers CEO Defies China Slump
14:56 - Bob van Dijk’s $55 billion media company gets almost all of its value from a single Chinese investment, yet he’s more concerned about attracting Africans to Naspers Ltd.’s new video-on-demand service than about China’s economic slowdown.
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