Obama Nominates John Kerry to Head State Department

Dec. 21 (Bloomberg) -- President Barack Obama named Massachusetts Senator John Kerry as his choice to become the next U.S. secretary of state during a news conference in Washington. The nomination of Kerry, 69, a Democrat who is chairman of the Senate Foreign Relations Committee, is subject to Senate confirmation. (Source: Bloomberg)

Meet Harvard's New Endowment CEO
37:36 - Nirmal P. "Narv" Narvekar overhauled Columbia University’s endowment in the past 14 years, building a team that delivered top-notch returns and minimized losses during volatile times. Now, he’s tasked with doing the same for Harvard University’s lagging fund. Bloomberg's Michael McDonald has more on "Bloomberg Markets." (Source: Bloomberg)
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