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Romney proposes 28 percent top income tax rate (Reuters) U.S. advisers back experimental obesity pill (Reuters)
Reuters - Republican Mitt Romney, looking for a boost in his presidential campaign, proposed an overhaul of the tax system on Wednesday that he said would cut Americans' tax rates by 20 percent and limit deductions for the wealthy.Reuters - Experimental obesity drug Qnexa won the backing of U.S. health advisors on Wednesday, raising hopes for approval of the first prescription weight-loss pill in 13 years.
JPMorgan, Citi, BofA sued for $949 million by Sealink (Reuters) FDA Advisers Back Weight-Loss Drug Qnexa (HealthDay)
Reuters - JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and more than a half dozen other major banks are being hit with a new lawsuit over $949 million in residential mortgage-backed securities.HealthDay - WEDNESDAY, Feb. 22 (HealthDay News) -- A U.S. Food and Drug Administration advisory panel gave its endorsement Wednesday to a highly anticipated weight-loss pill that had been rejected by the health advisers once before.
Consumer-finance watchdog probes overdraft fees (AP) FDA panel gives nod to Vivus obesity drug (Reuters)
AP - The government's new consumer-watchdog agency is launching a probe into costly overdraft fees charged by big banks.Reuters - An experimental obesity drug from Vivus Inc won a U.S. panel's support on Wednesday, raising hopes regulators would approve a weight-loss pill for the first time in 13 years.
U.S. mortgage applications sagged last week: MBA (Reuters) FDA Weighs Fate of Qnexa for Weight Loss, Again (HealthDay)
Reuters - Applications for U.S. home mortgages tumbled last week as demand for loan refinancing sagged, an industry group said on Wednesday.HealthDay - WEDNESDAY, Feb. 22 (HealthDay News) -- The U.S. Food and Drug Administration plans to take a second look at the weight loss pill Qnexa on Wednesday, after initially rejecting it because of concerns about heart problems and possible birth defects.
U.S. proposes to reduce top corporate tax rate: report (Reuters) New Weight-Loss Equation: Researchers Determine Key Calorie Cutoff (LiveScience.com)
Reuters - The Obama administration will propose slashing the top income tax rate for corporations to 28 percent from the current 35 percent, as part of a corporate tax reform plan that is set to be announced on Wednesday, the Wall Street Journal said.LiveScience.com - VANCOUVER — Weight loss is not as simple as eating less and exercising more, and for those who struggle to shed the pounds, a new equation may offer some help.
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