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)

"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
38:08 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)
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