GO
Loading...

Delaware

More

  • Judge: Family Dollar can vote on Dollar Tree buyout Friday, 19 Dec 2014 | 6:49 PM ET

    DOVER, Del.— A Delaware judge says stockholders of Family Dollar Stores Inc. can vote on proposed $8.5 billion acquisition by Chesapeake, Virginia- based Dollar Tree Inc.. But some Family Dollar shareholders want the vote postponed until the board reviews a deal with Dollar General Corp., which has also bid for Matthews, North Carolina- based Family Dollar.

  • NEW YORK, Dec 18- Factory activity in the U.S. mid-Atlantic region grew at a slower pace in December, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index fell to 24.5 from 40.8 the month before. The survey covers factories in eastern Pennsylvania, southern New Jersey and Delaware.

  • Manufacturing growth slows in Philadelphia region Thursday, 18 Dec 2014 | 10:32 AM ET

    WASHINGTON— Manufacturing in the Philadelphia region grew at a much slower pace in December compared with the previous month. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity dropped to 24.5 this month from 40.8 in November. The survey covers manufacturing in Pennsylvania, New Jersey and Delaware.

  • Sony Pictures cancels Dec. 25 release of 'The Interview' Wednesday, 17 Dec 2014 | 8:30 AM ET

    DOVER, Del.— NASCAR's Kurt Busch says he told ex-girlfriend to leave the night she claims she was assaulted.

  • DOVER, Del.— NASCAR's Kurt Busch to testify at hearing on ex-girlfriend's request for no-contact order.

  • Powdered alcohol? Not so fast, lawmakers say Monday, 15 Dec 2014 | 5:13 PM ET

    DENVER— Powdered alcohol, touted by its inventor as an easy way to mix a drink on-the-go, hasn't even arrived in stores but states are moving to ban the product amid concern that it will increase underage drinking. Colorado is the latest state considering banning "Palcohol," marketed as an ounce of rum or vodka in powdered form. "I think being proactive and jumping out...

  • Judge rejects bid to delay Tracy Morgan lawsuit Friday, 12 Dec 2014 | 7:14 PM ET

    NEWARK, New Jersey— Tracy Morgan has won the latest round in his effort to sue Wal-Mart and others over a fatal crash in New Jersey. The ruling came on a motion by Kevin Roper, the driver of the Wal-Mart truck authorities say slammed into the back of Morgan's limo van on the New Jersey Turnpike in June. Roper, of Georgia, isn't named as a defendant but is facing criminal...

  • Congress puts potatoes on menu for low-income moms Thursday, 11 Dec 2014 | 3:15 AM ET

    The potato provision is part of a massive spending bill Congress is considering before the end of the year. The Institute of Medicine had recommended that they be excluded, saying WIC recipients already eat enough white potatoes. Susan Collins, a Republican from the potato-growing state of Maine, has long promoted the nutritional attributes of potatoes,...

  • Toll Brothers 4th-quarter results mixed Wednesday, 10 Dec 2014 | 5:12 AM ET

    HORSHAM, Pa.— Toll Brothers Inc.' s profit climbed in its fiscal fourth quarter but fell short of Wall Street's view, hurt by inventory impairments and an increase in reserves. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. Chief Financial Officer Martin Connor said in a statement on Wednesday that...

  • US limits drilling in White River National Forest Tuesday, 9 Dec 2014 | 4:56 PM ET

    DENVER— The federal government is making more than 90 percent of the 2.2- million-acre White River National Forest off-limits to future energy exploration, angering the energy industry but encouraging environmentalists who had pushed to protect mountain towns that depend on recreational tourism. The U.S. Forest Service released two formal documents...

  • Judge orders Uber to cease operations in Spain Tuesday, 9 Dec 2014 | 11:42 AM ET

    MADRID, Dec 9- A Madrid judge has ordered U.S.-based online car booking company Uber to cease operations in Spain, the latest ban on the popular service. The judge on Tuesday imposed an injunction on services after a request by the Madrid Taxi Association, which is preparing a legal case against Uber accusing it of unfair competition. The company also faces legal...

  • WASHINGTON, Dec 8- Swiss firm Supreme Foodservice GmbH pleaded guilty on Monday to overcharging the United States for food and bottled water it provided to U.S. armed forces in Afghanistan and will pay $434 million to resolve a series of related cases, according to court documents. The cases were investigated by federal prosecutors and Justice Department...

  • ALBANY, N.Y.— The developer of a $750 million natural gas pipeline from Pennsylvania into New York has threatened to seize land from reluctant landowners through eminent domain. Lawyer Daniel Estrin of the White Plains- based Pace Environmental Litigation Clinic said the letter is meant to "bully landowners... into waiving their property rights."

  • *Three units of Bumi Resources miss debt interest payments. JAKARTA, Dec 2- Shares in Indonesia's biggest coal miner PT Bumi Resources Tbk rose the most on Tuesday in over four months after three of its units filed for protection from U.S. creditors after failing to make debt interest payments. According to the U.S. filing, Bumi Investment and Bumi Resources missed...

  • The slide came the day after oil cartel OPEC decided not to cut output in a meeting in Vienna. "We do not know if OPEC has ulterior motives to let oil prices drift lower and pinch the global sector, or if reaching a consensus on cuts was just too challenging," wrote Wells Fargo Securities in a Friday client note. "We'll wait to see the trend next week when there's full...

  • Judge: WMT must let NYC church challenge gun sales Friday, 28 Nov 2014 | 2:06 PM ET
    Residents shop at Walmart as the store prepares for Black Friday in Los Angeles, Calif., November 24, 2014.

    A federal judge ordered Wal-Mart Stores to let shareholders vote on a proposal to force tighter oversight of its sale of high-capacity guns.

  • *Oil falls to 2010 low, Exxon Mobil tumbles. *Retailers higher, Wal-Mart boosts Dow. "Crude seems to have no floor right now, and we could easily see the price drop into the low $60 s," said Tony Roth, chief investment officer at Wilmington Trust in Wilmington, Delaware.

  • NEW YORK, Nov 28- U.S. energy shares saw heavy pressure on Friday as crude oil tumbled to a multi-year low, though consumer stocks lifted broader indexes in a quiet, holiday-shortened session. Crude plunged 6.5 percent to $69.38 per barrel a day after OPEC decided not to cut output, which could leave markets oversupplied. "Crude seems to have no floor right now, and we...

  • NEW YORK, Nov 28- U.S. stocks were little changed on Friday, with major indexes on track for a sixth straight weekly advance in a holiday-shortened session, though energy shares saw heavy pressure as crude oil tumbled to a four-year low. Crude plunged 5.9 percent to $69.38 per barrel a day after OPEC decided not to cut output, which could leave markets oversupplied.

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...