The Food and Drug Administration will take a second look at a weight-loss drug it rejected in 2010. The decision to review Qnexa comes as the agency is rethinking how it judges weight-loss drugs. Though obesity is at epidemic levels, the FDA hasn't approved any new weight-loss medicines since 1999.
A spike in metal prices and a shortage of miners is opening up new prospects for high school graduates. While many students finalize their college plans, some in Western towns are being recruited to head underground. Although mining pays better than typical entry-level positions, it is still dangerous work.
The number of jobless claims for January 2012 was at the lowest point since March 2008. Businesses are reporting profits, buyers are reporting confidence. Diane Swonk, chief economist for Mesirow Financial, discusses whether it's safe to say an economic recovery has begun.
The automaker announced Thursday that it earned its largest profit ever in 2011 — $7.6 billion — citing strong sales in the U.S. and China. The company nearly collapsed two years ago and needed a bailout by the U.S. government, which still owns about 26 percent of the company.
The potential problem for Romney, however, is that even some Republicans, let alone Democrats and many independents, are likely to see GM's financial results as further vindication of the federal bailouts and Obama's approach.
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