Obama Nominates Massad to Lead CFTC

Nov. 12 (Bloomberg) -- President Barack Obama speaks about his nomination of Timothy Massad to succeed Gary Gensler as chairman of the Commodity Futures Trading Commission. Massad, the Treasury Department official responsible for overseeing the U.S. rescue of banks and automakers after the credit crisis, attends the White House event. (Source: Bloomberg)
LVMH Beats Estimates on Leather-Goods and Wine Sales
30:44 - LVMH Moet Hennessy Louis Vuitton reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth. Bloomberg's Shery Ahn reports on "Trending Business." (Source: Bloomberg)
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