Canada’s Toronto-Dominion Bank Group on Thursday called off its $13.4 billion takeover of First Horizon Corp., triggering a near 40 percent fall in the U.S. regional bank’s shares. First Horizon and TD said in a statement they had mutually decided to end the deal because there was no clarity on when they would get regulatory…
S&P 500 Snaps Losing Streak With Tax Hikes, Inflation Data on Horizon
September 14, 2021
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NEW YORKâThe S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data. The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower. Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying…
UK Court Clears Names of 39 Wrongly Convicted Ex-subpostmasters
Thirty-nine former subpostmasters who were wrongfully convicted of theft, fraud, and false accounting have had their names cleared on Friday by the Court of Appeal of England and Wales. The convictions were quashed because the subpostmasters did not stand a fair trial and that the prosecutions have been “an affront to the conscience of the…
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