Tax Code Overhaul Important for Competiveness: Lew

Feb. 13 (Bloomberg) -- U.S. Treasury Secretary nominee Jack Lew discusses the importance of overhauling the United States tax code. He spoke in testimony before the Senate Finance Committee considering his nomination to succeed Timothy Geithner as head of the Treasury department.

Why Did Baidu's Li Drop His Bid for iQiyi?
07:56 - Baidu's billionaire Chairman Robin Li pulled out of talks to buy control of the company's streaming video service iQiyi after failing to reach an agreement on its price and structure. Bloomberg's Haidi Lun reports on "Daybreak Asia." (Source: Bloomberg)
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