Bloomberg Business

Toronto-Dominion Bank is feeling the impact of costlier deposits, which squeezed margins and contributed to the lowest profitability for its US business in more than a year.

Roark Capital Group has won the race to acquire US sandwich chain Subway after seeing off a late challenge from a rival bid group led by TDR Capital and Sycamore Partners.

Day traders are far more active in the booming world of zero-day stock options than Wall Street realizes, according to the exchange at the center of the frenzy.

OneTeam Partners, a joint venture representing commercial and licensing rights of more than 10,000 professional and college athletes in the US, has named Sean Sansiveri as the organization’s new chief executive officer.

Emperor penguins faced an unprecedented breeding failure due to ice loss in 2022, a study says. The evidence backs predictions that 90% of them will be “quasi-extinct” by the end of the century.

Sweden’s government shrugged off the potential for a contraction next year, while projecting meager growth for the economy as consumers remain under pressure from higher costs.

The European Union will boost its engagement with the US in an effort to reach an agreement to govern steel and aluminum trade by October, and avoid a potential return of tariffs on billions of dollars of transatlantic exports.

The Biden administration’s decision to open talks to temporarily lift sanctions against Venezuela raises the prospect that production may finally rebound in the world’s largest oil reserves.

US wage growth continues to slow as inflation comes down, offering encouraging news for the Federal Reserve as its chiefs meet at Jackson Hole, according to job-search website Indeed.