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  • Sean and Ryan Esmond and their parents fell ill after an applicator working for Terminix used methyl bromide at the resort in the U.S. Virgin Islands. Their father and mother, Stephen Esmond and Theresa Devine, continue to undergo therapy, said the family's statement, which provided the first update on the family's medical condition in a month.

  • May 4- Corinthian Colleges Inc, the for-profit college operator hamstrung by federal and state investigations, filed for bankruptcy in Delaware on Monday, about a week after announcing it would shutter its remaining campuses and cease operations. In April, the Department of Education fined Corinthian $30 million for misrepresenting job placement rates to...

  • WSFS posts 1Q profit Thursday, 30 Apr 2015 | 6:27 PM ET

    WILMINGTON, Del. _ WSFS Financial Corp. on Thursday reported first-quarter profit of $12.9 million. On a per-share basis, the Wilmington, Delaware- based company said it had profit of $1.34. Keywords: WSFS Financial, Earnings Report.

  • DOVER, Del.— A South Korean company accused of stealing trade secrets involving Kevlar technology has pleaded guilty to federal conspiracy charges and settled separate civil litigation filed by the DuPont Co., officials said Thursday. In resolving the legal battles, Kolon Industries Inc. was sentenced to pay $85 million in criminal fines and agreed to pay...

  • NEW YORK, April 30- PBF Energy executives said on Thursday they have yet to deliver on plans to grow the company through acquisitions but remained hopeful. PBF Energy owns refineries in New Jersey, Delaware and Ohio. The New Jersey- based company was reportedly interested in Exxon Mobil's Los Angeles- area refinery, but those plans were delayed following an...

  • Incyte reports 1Q loss Thursday, 30 Apr 2015 | 8:28 AM ET

    WILMINGTON, Del. _ Incyte Corp. on Thursday reported a loss of $18.4 million in its first quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. Incyte shares have increased 39 percent since the beginning of the year.

  • InterDigital posts 1Q profit Wednesday, 29 Apr 2015 | 8:45 AM ET

    WILMINGTON, Del. _ InterDigital Inc. on Wednesday reported first-quarter net income of $29.1 million, after reporting a loss in the same period a year earlier. The Wilmington, Delaware- based company said it had profit of 78 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Chris Christie's decision to send state troopers to help contain the violence in Baltimore dominated the governor's first news conference in New Jersey in more than five months. "Get the state troopers out of Baltimore!" Christie announced Tuesday he had deployed 150 state police personnel, including 100 state troopers, after rioting erupted in Baltimore...

  • WILMINGTON, Del.— A Delaware bankruptcy judge said Tuesday that he's willing to approve bid procedures for the sale of RadioShack's intellectual property, including data on millions of customers. RadioShack, which won court approval last month to sell more than 1,740 of its stores to hedge fund Standard General LP, is now seeking to auction off its intellectual...

  • WILMINGTON, Delaware, April 28- Brazilian oil company Petrobras' $17 billion write-down, announced last week, may have been meant to close the accounting on a sprawling corruption scandal, but could instead provide fresh ammunition for a U.S. class action lawsuit. The case, filed in Manhattan federal court in December by a group of large investors, alleges $98...

  • NEW YORK, April 27- Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc's technology in its mobile phones without permission. The judge, Theodore Essex, said that Microsoft infringed two wireless cellular patents owned by InterDigital,...

  • Peltz gets key backer in fight for influence at DuPont Monday, 27 Apr 2015 | 12:37 PM ET

    Peltz's Trian Fund Management is pushing the chemicals maker to split into two companies and it has nominated four directors for company the board. ISS on Monday said that shareholders should support Peltz and one of his nominees, John Myers, the former CEO of General Electric Co.' s asset management business. Trian Fund Management owns a 2.7 percent stake in the...

  • NEW YORK, April 22- A U.S. judge has invalidated two patents owned by Intellectual Ventures just weeks before its lawsuit against Japanese security software provider Trend Micro Inc over the same patents was set to go to trial. The ruling came after Trend Micro and Symantec asked Stark to analyze the patents, which relate to email and software security, to...

  • Sallie Mae beats 1Q profit forecasts Wednesday, 22 Apr 2015 | 4:57 PM ET

    NEWARK, Del.— SLM Corp. on Wednesday reported first-quarter profit of $47.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Sallie Mae expects full-year earnings in the range of 57 cents to 59 cents per share.

  • NEW YORK, April 22- A U.S. judge has invalidated two patents owned by Intellectual Ventures just weeks before its lawsuit against Japanese security software provider Trend Micro Inc, which centers on the patents, was set to go to trial. The ruling came as both Trend Micro and Symantec had asked Stark to analyze the patents, which relate to email and software...

  • DISTRICT JUDGE LEONARD STARK IN DELAWARE SAYS INTELLECTUAL VENTURES SOFTWARE-SECURITY PATENTS TOO ABSTRACT TO DESERVE PROTECTION.

  • April 22- DuPont is buying a California- based microbiome discovery company for development of biological crop products, a move that the chemical and crop company hopes will give it an edge in an emerging agricultural market. DuPont's announcement on Wednesday did not disclose how much it is paying for Taxon Biosciences Inc, but said the 15- year-old company...

  • Rosa DeLauro, a liberal stalwart from New Haven, finds herself in an unusual spot: She's fiercely opposed to President Barack Obama on a key issue. The 13- term congresswoman is organizing opposition to legislation backed by Obama that would allow Congress to vote up or down, without amendments, a trade pact with 11 Pacific nations. Joe Courtney also opposes the...

  • VA pledges broad review of claims processing Wednesday, 22 Apr 2015 | 3:12 AM ET

    WASHINGTON— The Department of Veterans Affairs said Wednesday it has launched a top-down review of its handling of disability claims and pledged to punish those who falsify data as pressure mounted on Capitol Hill for personnel changes amid mismanagement investigations in Philadelphia and other VA facilities. Separately, the office of the VA inspector...

  • WASHINGTON— Emotional disagreements over trade erupted in Congress on Wednesday, when a liberal senator delayed a committee's likely endorsement of a top trade priority for President Barack Obama. Bernie Sanders, I-Vt., a fierce opponent of the trade legislation, invoked a Senate scheduling rule to delay the committee's actions for hours.