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TD bank reinstates medium term growth target, focuses on high fee segments

TORONTO (Reuters) -TD Bank on Monday forecast return on equity of about 16% for the next four years, reinstating a growth target it suspended in December as it recovered from a historic $3 billion fine in the United States ...
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Convertible bond deals surge to five-year high as firms hunt cheaper capital

By Patturaja Murugaboopathy (Reuters) -Global companies are ramping up convertible bond issuance in 2025, taking advantage of strong equity markets and investor appetite for hybrid debt, with tech and growth firms raising funds to avoid high borrowing costs. According to ...
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Truck driver accused of being in the US illegally pleads not guilty in Florida crash that killed 3

FORT LAUDERDALE, Fla. (AP) — A commercial truck driver accused of making an illegal U-turn that killed three people on a Florida highway last month waived his first appearance hearing Monday and entered a not guilty plea, court records ...
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Iowa revokes license of schools superintendent arrested by ICE, saying he is in US illegally

IOWA CITY, Iowa (AP) — A state agency revoked the professional license of the leader of Iowa’s largest school district on Monday, days after federal agents arrested him on accusations that he was living and working in the country ...
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Marine awarded Purple Heart charged in deadly North Carolina waterfront bar shooting

(SOUTHPORT, N.C.) -- Prosecutors are weighing the death penalty for a Marine veteran they allege was the rifle-wielding "lone wolf" who opened fire from a boat on a waterfront bar in Southport, North Carolina, over the weekend, killing three people and ...
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Ferrari chair faces new legal battle with mother over Agnelli inheritance

By Emilio Parodi MILAN (Reuters) -Ferrari and Stellantis chair John Elkann faces a new legal battle with his mother after her lawyers on Monday presented what they said was a previously undisclosed handwritten amendment to the will of her father, ...
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US senators urge agency to probe Tesla Full Self-Driving response to railroad crossings

WASHINGTON (Reuters) -Two U.S. senators on Monday urged auto safety regulators to investigate reported failures of Tesla’s Full Self-Driving system to detect and safely respond to railroad crossings. Senators Ed Markey and Richard Blumenthal called on the National ...
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In a rare UN appearance, senior North Korean diplomat insists his country won’t give up nukes

UNITED NATIONS (AP) — A senior North Korean diplomat reiterated at the U.N. Monday that his country won’t give up its nuclear weapons despite numerous demands to do so, calling them crucial to keeping a “balance of power” with ...
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Police outline how DNA, ballistics evidence led to dead man as likely killer of girls in yogurt shop

AUSTIN, Texas (AP) — Austin police on Monday outlined how a new, rapidly unfolding DNA and ballistics evidence trail led them to declare a dead man as the likely perpetrator in the killing of four teenage girls at an ...
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The shale solution: Protecting national security with domestic energy supply

(The Center Square) – Domestic shale production in the Atlantic Basin may offer the easiest path toward protecting the nation’s energy supply and resisting reliance on geopolitical foes, says U.S. Secretary of the Interior Doug Burgum. ...
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Factbox-Private equity and sovereign wealth funds revive large leveraged buyouts

(Reuters) -Leveraged buyouts are making a strong comeback after years of muted activity, fueled by private equity firms and sovereign wealth funds targeting high-profile technology, media and consumer companies. The resurgence underscores cheap debt markets, abundant dry powder and a ...
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First Brands files for bankruptcy, revealing billions of dollars in liabilities 

By Shivansh Tiwary, Saeed Azhar and Anirban Sen NEW YORK (Reuters) -U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company whose rapidly deteriorating finances have ...
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