 | | | | TD Bank Group will offer eligible employees a 3% increase to their base pay or a one-time cash reward effective July 1, Chief Executive Officer Bharat Masrani said in an internal memo on Wednesday. | | | | | | Rent the Runway on Wednesday reported a 91% jump in fourth-quarter revenue, beating Wall Street estimates. | | | | | | The U.S. dollar eased back from a nearly two-year high on Wednesday as the euro reversed course and turned positive ahead of a policy-setting meeting at the European Central Bank on Thursday. | | | | | | Federal Reserve Governor Christopher Waller on Wednesday said the U.S. central bank needs to raise rates aggressively to fight inflation, but not so abruptly as to stress markets, destroy jobs and push the economy into recession. | | | | | | Shareholder activist Jonathan Litt ended plans to win board seats at LXP Industrial Trust , the company said on Wednesday, less than a week after it suspended plans to explore strategic alternatives, including a possible sale. | | | | | | Alleghany Corp , which agreed last month to be acquired by Warren Buffett's Berkshire Hathaway Inc , was sued on Wednesday by a shareholder who accused the insurance company of making inadequate and misleading disclosures about the $11.6 billion takeover. | | | | | | Brazilian brewer Ambev SA should have a good year in terms of beer demand in Brazil, its Chief Executive Jean Jereissati Neto said on Wednesday. | | | | | | Iliad is considering buying into Telecom Italia's (TIM) domestic consumer services operations as part of the French phone group's push to strengthen its Italian business, two sources familiar with the matter said. | | | | | | Canada's biggest banks said on Wednesday they will raise their prime lending rate by 50 basis points to 3.2%, a two-year high, following the Bank of Canada's benchmark rate hike, moves that could rein in the country's red-hot housing markets. | | | | | | India's Reliance Industries is exploring a bid for drug retailer Walgreens Boots Alliance's UK-based Boots business, Bloomberg News reported on Wednesday, citing people familiar with the matter. | | | | | |
