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  • "The economy is stronger than you think," said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ in New York. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday, staying close to a 6-1/ 2 year low touched the prior week.

  • Heavy winter storms weigh on DuPont during 1Q Thursday, 17 Apr 2014 | 6:25 AM ET

    DOVER, Del.— DuPont's agricultural sales suffered and its operating costs rose during extensive winter storms that dragged on first-quarter earnings, although volumes increased in the company's industrial segments and profit margins improved in almost every one of them.

  • Sallie Mae 1Q net income slips 18 percent Wednesday, 16 Apr 2014 | 5:43 PM ET

    NEW YORK— Sallie Mae said Wednesday its net income sank 18 percent in the first quarter as some one-time gains came off the books and costs related to the spinoff of its Navient unit increased.

  • US homebuilder confidence edges up in April Tuesday, 15 Apr 2014 | 10:03 AM ET

    WASHINGTON— U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.

  • Delaware leaders discuss workforce training Monday, 14 Apr 2014 | 4:39 AM ET

    Jack Markell urged business leaders Monday to join in a comprehensive effort to improve public education in Delaware and to spread the word about the importance of holding students to higher standards. "Delaware is being looked at as a leader on how we improve education in this country," McKernan said.

  • Judge refuses to halt Wal-Mart proxy distribution Friday, 11 Apr 2014 | 4:42 PM ET

    WILMINGTON, Del.— A federal judge in Delaware refused on Friday to issue an injunction prohibiting Wal-Mart from sending its annual proxy statement to shareholders because it doesn't include a Manhattan church parish's proposal for a shareholder vote involving gun sales.

  • Coldwater Creek files for bankruptcy protection Friday, 11 Apr 2014 | 6:26 AM ET

    SANDPOINT, Idaho— The women's clothing retailer Coldwater Creek has filed for Chapter 11 bankruptcy protection after failing to find a potential buyer or a source of capital to help fund its turnaround efforts. Coldwater Creek said Friday that its stores and its website are still open and selling clothing and other goods to shoppers.

  • April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors on claims they breached employment contracts and stole trade secrets after they jumped to consulting firm McKinsey& Co..

  • Del. governor gets tax increases approved Thursday, 10 Apr 2014 | 2:50 PM ET

    Jack Markell sought to help pay for his proposed spending plan for next fiscal year is headed to his desk after receiving final legislative approval by the state Senate on Thursday.

  • AlixPartners sues consultants who jumped to McKinsey Thursday, 10 Apr 2014 | 2:41 PM ET

    April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors for breaching employment contracts and stealing trade secrets after they jumped to consulting firm McKinsey& Co..

  • Sallie Mae board approves Navient spinoff Thursday, 10 Apr 2014 | 10:24 AM ET

    Sallie Mae used to act as an intermediary and earned fees making student loans backed by the federal government, in addition to making private student loans. A dividend of Navient common stock will be distributed on April 30 to Sallie Mae shareholders of record on April 22.

  • House defeats bipartisan fix to 'Obamacare' Wednesday, 9 Apr 2014 | 6:04 PM ET

    The legislation was aimed at helping U.S. insurance companies like Cigna and Metlife that are now at a competitive disadvantage with overseas firms that do not have to comply with mandates such as the so-called Cadillac tax on high-end plans, patient protections and a host of reporting requirements.

  • US senator joins critics of federal cattle roundup Wednesday, 9 Apr 2014 | 12:59 PM ET

    LAS VEGAS— A Republican U.S. senator added his voice Wednesday to critics of a federal cattle roundup fought by a Nevada rancher who claims longstanding grazing rights on remote public rangeland about 80 miles northeast of Las Vegas.

  • Guid can intervene in fight for Philly newspapers Wednesday, 9 Apr 2014 | 10:52 AM ET

    WILMINGTON, Del.— A Delaware judge says the union representing hundreds of workers for Philadelphia's two largest newspapers can participate in the dissolution of their ownership group. The company is being dissolved as its owners fight over control of The Philadelphia Inquirer, the Philadelphia Daily News and the Philly.com website.

  • Obama signs actions taking aim at gender pay gap Tuesday, 8 Apr 2014 | 3:33 AM ET

    WASHINGTON— President Barack Obama and his Democratic allies in Congress are making a concerted election-year push to draw attention to women's wages, linking Obama executive actions with pending Senate legislation aimed at closing a compensation gender gap that favors men.

  • Ford recalls nearly 435,000 vehicles Monday, 7 Apr 2014 | 1:06 PM ET

    The SUVs were originally sold or registered in 20 states and Washington, D.C., where salt is used to clear snow and ice from roads. The Escapes covered by the recall were built from Oct. 22, 1999 through Dec. 19, 2003 at the Kansas City Assembly plant, and from May 1, 2003 through Jan. 23, 2004 at the Ohio Assembly plant, Ford said in a statement issued Monday.

  • Church wants Wal-Mart investor vote on gun sales Monday, 7 Apr 2014 | 12:06 PM ET

    WILMINGTON, Del.— Attorneys for a church in Manhattan are asking a federal judge in Delaware to prohibit Wal-Mart from sending its annual proxy statement to shareholders because it doesn't include its proposal for a shareholder vote involving gun sales.

  • April 3- Retailer Brookstone Inc said it would be bought by the owner of Spencer's retail chain for about $147 million as part of a prepackaged bankruptcy plan. Brookstone was taken private in 2005 by a group led by Osim, Asia's biggest maker of massage chairs, in a $445 million deal.

  • Nearly 26,500 former commodities and securities customers of the MF Global Inc brokerage will share in the payout, which will be made over the next several weeks, the trustee, James Giddens, said on Thursday.

  • April 3- Specialty retailer Brookstone Inc said it would be bought by Spencer Spirit Holdings Inc for about $147 million as part of a prepackaged bankruptcy protection plan. Brookstone sells products ranging from massage chairs to bathroom slippers and operates more than 300 stores throughout the United States and Puerto Rico.

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