Top News & Analysis Delaware

More

  • NEW YORK— Nearly 40,000 striking Verizon employees will return to work Wednesday after reaching a tentative contract agreement that includes 1,300 new call center jobs and nearly 11 percent in raises over four years but also makes health care plan changes to save the company money, the company and a union said Monday. The Communications Workers of America...

  • May 27- Williams Cos Inc has informed Energy Transfer Equity LP that it is open to considering a new offer that would amend terms of its $20 billion sale to its larger U.S pipeline peer in an effort to end a stalemate between the companies, according to people familiar with the matter. Energy Transfer's proposed acquisition of Williams has been in doubt for months,...

  • WILMINGTON, Del.— A Delaware judge on Thursday declined Verizon's request to hold two union locals in contempt after striking workers damaged the vehicles of non-union replacement workers on Interstate 95. But Vice Chancellor J. Travis Laster also said he would not tolerate more violence or threatening behavior during the strike by 40,000 Verizon workers in...

  • At the East Coast Gaming Congress and iGaming Institute in Atlantic City, casino and online gambling executives said the online gambling market has shown encouraging growth, but is still a fraction of what it could be. "We're seeing huge growth in mobile phone and tablet play," said Luisa Woods, executive director of Internet marketing for Atlantic City's...

  • Alabama- Jay Grinney, HealthSouth, $7.8 million. Arizona- Don Slager, Republic Services, $10.9 million. Arkansas- Doug McMillon, Wal-Mart Stores, $19.8 million.

  • HARTFORD, Conn.— Michelle Plante scoured a surveillance video for clues, trying to identify the man seen shooting at someone in a Hartford playground recently in broad daylight. Plante, who works in the new Real-Time Crime and Data Intelligence Center for Hartford police, determined the address of the house and who lived there. In Hartford, Plante quickly found a...

  • NEW CASTLE, Del.— A state panel on Monday approved almost $8 million in taxpayer money for the Chemours Co., a financially struggling chemicals business spun off from the DuPont Co. The company has not decided whether it will stay in Delaware, however. The Council on Development Finance voted unanimously to give Chemours a Strategic Fund grant of up to $7.2...

  • The Labor Department says Kentucky saw its unemployment rate fall to 5.3 percent in April, down from 5.6 percent in March. In addition to Kentucky, the other four states judged to have significantly lower unemployment rates in April were Arkansas, Delaware, Kansas and Vermont. In addition to Pennsylvania, the states with significantly higher rates were New...

  • May 19- The top Democrat on the Senate Homeland Security Committee sought information Thursday from global financial network SWIFT and the Federal Reserve Bank of New York on steps being taken to bolster cyber security in the wake of the theft of $81 million from the central bank of Bangladesh. In his letters, Carper said there appeared to be no evidence the...

  • Senator Tom Carper, a Democrat from Delaware, has sought information from the Federal Reserve Bank of New York and SWIFT on steps being taken to protect banks against cybersecurity threats following attacks on the network. On May 15, Vietnam's Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages,...

  • Senator Tom Carper, a Democrat from Delaware, has sought information from the Federal Reserve Bank of New York and Society for Worldwide Interbank Financial Telecommunication on steps being taken to protect banks against cybersecurity threats following attacks on the network.

  • CHICAGO, May 18- Caesars Entertainment Corp has offered $4 billion in a new plan to help its casino operating unit emerge from Chapter 11, a lawyer for the unit told a U.S. "In terms of recoveries to creditors, they are substantially improved down the line" under the new plan, lawyer David Seligman said in Chicago bankruptcy court on behalf of the Caesars unit on...

  • CHICAGO, May 18- A new proposal for the bankrupt operating unit of Caesars Entertainment Corp to emerge from Chapter 11 includes a $4 billion contribution from its parent, a lawyer for the unit told a U.S. An independent examiner who investigated those claims said in March that Caesars Entertainment and its private equity backers, Apollo Global Management and...

  • Among the states affected are Florida and Oklahoma, which have been among the leaders in executions since the U.S. Supreme Court reinstated the death penalty in 1976.. Drug scarcity is also an obstacle for Alabama, Arizona, Arkansas, Delaware, Indiana, Kentucky, Louisiana, Mississippi, South Carolina, Tennessee and Wyoming. Ohio, which has executed 53 inmates since...

  • May 17- Directories publishers Dex Media Inc and SuperMedia Inc filed for voluntary Chapter 11 bankruptcy protection in a Delaware court on Monday. SuperMedia, earlier known as Idearc Inc, and Dex Media, formerly R.H. Donnelley Corp, exited their first bankruptcy proceedings in 2010.. The cases are in U.S. Bankruptcy Court, District of Delaware; Case No: 16-11210...

  • It comes after lawmakers wrote to Treasury Secretary Jacob Lew in March to ask that the USDA be involved in the review so that the potential impact of the transaction on domestic food security could be better assessed. A USDA spokeswoman also declined to comment, citing the same reasons. While the USDA is not one of the agencies comprising CFIUS, there is...

  • *SandRidge sets pre-packaged bankruptcy deal. *SandRidge has assets of $7.0 billion, debt of $4.0 billion. As of March 31, SandRidge estimated it had total assets of $7.0 billion and total debt of $4.0 billion, and Breitburn listed assets of $4.7 billion and liabilities of $3.4 billion.

  • WILMINGTON, Del., May 13- A Delaware judge on Friday dismissed a lawsuit by Wal-Mart Stores Inc. shareholders who accused the board of the world's largest retailer of trying to cover up bribes paid by company executives in Mexico. Chancellor Andre Bouchard of the Court of Chancery in Wilmington said an earlier dismissal by an Arkansas judge of a nearly identical...

  • WILMINGTON, Del., May 13- A Delaware judge on Friday dismissed a lawsuit by Wal-Mart Stores Inc. shareholders who accused the board of the world's largest retailer of trying to cover up bribes paid by company executives in Mexico. Chancellor Andre Bouchard of the Court of Chancery in Wilmington said an earlier dismissal by an Arkansas judge of a nearly identical...

  • MEXICO CITY, May 12- Mexico is widening a probe into tax evasion by requiring banks to hand over names of local clients with transactions in tax havens, documents showed, weeks after the "Panama Papers" cast a spotlight on how the world's rich and famous stash their wealth. In a letter this year, Mexico's tax authority SAT asked banking regulators to compel banks and...