Canada’s TD Bank bets $6 billion on U.S. auto lending

TORONTO (Reuters) – Toronto-Dominion Bank is buying Chrysler Financial for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the U.S. economic recovery.

Canadian banks go shopping for growth in U.S.

TORONTO (Reuters) – Toronto-Dominion Bank and Bank of Montreal could take a breather from big U.S. buys after two deals in the last week, but Canadian banks will still troll for assets in a…

Africa has two species of elephants, not one

CHICAGO (Reuters) – Instead of one species of elephant, Africa has two, researchers said on Tuesday, confirming suspicions about the two distinctly different looking pachyderms.

Obama assures Hispanics immigration reform a top goal

WASHINGTON (Reuters) – President Barack Obama sought to assure Hispanics on Tuesday that their goal to overhaul U.S. immigration policy would remain a top priority, despite the recent failure of Congress to advance reforms.

Sewage backup causes United Nations evacuation

UNITED NATIONS (Reuters) – A sewage backup caused a big stink at the United Nations on Tuesday, forcing diplomats and their staff to evacuate the Security Council and General Assembly.

Intel wins FTC clearance for McAfee deal

LOS ANGELES (Reuters) – Intel Corp has won approval from the Federal Trade Commission for its proposed $7.68 billion acquisition of security specialist McAfee Inc, the chipmaker said.

Genzyme more willing to talk to Sanofi: report

BOSTON (Reuters) – Genzyme Corp is more willing to discuss price with Sanofi-Aventis SA , which is trying to acquire the U.S. biotechnology company for $18.5 billion, or $69 a share, according to…

Analysis: Consolidation hopes help fuel regional bank rally

NEW YORK (Reuters) – Investors who have been betting big on regional bank shares got a bit of vindication last week when Wisconsin-based lender Marshall & Ilsley Corp agreed to be sold at a big…