Business News: New weight loss drug

Business News: New weight loss drug

(CBS) - In Business News this morning, a new weight loss drug should hit the market on Tuesday.

The pill called Belviq was approved by the FDA last year but the company delayed its launch because of logistical hurdles.

The drug tricks the brain into thinking the stomach is full causing users to eat less. 


(CNN) -  A study finds senior citizens in nearly every state in the U.S. are falling short when it comes to affording their golden years.

Nationwide, seniors are living off a median household income of just over $35,000 dollars. 

That's about 57 percent of the median income of their younger counterparts ages 45 to 64. 

Only seniors in Nevada and Hawaii have median annual incomes that meet the savings benchmark commonly recommended by financial planners. 

Planners recommend retirees save enough to replace at least 70 percent of their pre-retirement income.  



(CBS) -  Microsoft says its new Xbox will be able to play new and used games.

  Some gamers and used game retailers were concerned that wasn't going to be the case.

  The Xbox one is expected to hit stores later this year. 


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