FDA Panel Backs Orexigen’s Diet Pill

After the U.S. Food and Drug Administration rejected two other weight-loss pills earlier this year, an advisory panel has recommended the approval of Orexigen Therapeutics’s Contrave. If the FDA follows the recommendation, Cont…

U.S. Employment Prospects Improve, Survey Says

The outlook for the U.S. job market has improved, with more employers planning to take on new staff in the first quarter of 2011 and fewer planning cuts, according to a survey by staffing agency Manpower (MAN).

U.S. hiring plans are improved from thr…

Toronto-Dominion Bank in Talks to Buy Chrysler Financial

Toronto-Dominion Bank (TD) is in talks to buy Chrysler Financial Corp. for as much as $7 billion, Bloomberg News said.

Toronto-Dominion may reach an agreement with Cerberus Capital Management, the owner of the auto-loan company, as soon as this week,…