Belmar Mayor Promises to Rebuild Boardwalk by June

Nov. 12 (Bloomberg) -– Matt Doherty, mayor of Belmar, New Jersey, talks with Bloomberg’s Romy Varghese about damage inflicted on his community by Hurricane Sandy and subsequent recovery efforts. Belmar, whose E Street was immortalized in the name of Bruce Springsteen’s band, was hard hit by the storm. At least 40 percent of its homes have significant flood damage, Doherty said. (Source: Bloomberg)
China Said to Sell U.S. Treasuries This Month
52:05 - Bloomberg has learned that China has indeed been reducing its hoard of U.S. Treasuries, confirming intense speculation in the market. Bloomberg's David Ingles reports on "First Up." (Source: Bloomberg)
  • China's Filmmakers Get Hollywood Branding
  • Abenomics Starting to Look Like a Failure
  • Olam CEO: Mitsubishi Deal Will Create Opportunities