Top News & Analysis Delaware

  • Nov 14- Grocery delivery startup Instacart raised an extra $271 million in November from investors including U.S. hedge fund Tiger Global Management, bringing its latest round of fund raising to $871 million, a source familiar with the matter told Reuters. The San-Francisco- based startup announced last month it had raised $600 million in a new round led by D1...

  • Nov 14- Grocery delivery startup Instacart raised an extra $271 million in November from investors including U.S. hedge fund Tiger Global Management, bringing its latest round of fund raising to $871 million, a source familiar with the matter told Reuters. The San-Francisco- based startup announced last month it had raised $600 million in a new round led by D1...

  • Bribery and corruption concept, bribe in the form of dollar bills, Businessman giving money in the envelope while making deal to agreement a real estate contract and financial corporate

    Despite being banned in certain places, the common interview question continues to rear its head and requires a fail-safe response.

  • A member of the New York Police Department bomb squad is pictured outside the Time Warner Center in the Manhattan borough of New York City after a suspicious package was found inside the CNN Headquarters in New York, U.S., October 24, 2018. 

    Investigators have been searching coast to coast for the culprit and motives behind the bizarre mail bomb plot aimed at critics of the president.

  • *Microsoft jumps after profit top estimates. Oct 25- U.S. stocks rose on Thursday, as strong earnings from Microsoft helped Nasdaq-listed companies stage a rebound from the tech-heavy index's worst decline since 2011 in the previous session. Ford Motor, which is struggling with sales in China, rose 7.6 percent as its earnings report raised hopes for a strong...

  • President Donald Trump speaks during a campaign rally for Leah Vukmir, a Republican Senate candidate from Wisconsin, not pictured, in Mosinee, Wisconsin, U.S., on Wednesday, Oct. 24, 2018. 

    Trump returns to his pugnacious stance against the mainstream media in a tweet Thursday, after appearing to soften his rhetoric following a wave of suspicious packages sent to CNN and leading Democrats.

  • Former Vice President Joe Biden and Robert DeNiro both received suspicious packages. 

    Explosive devices similar to ones sent to prominent Democrats earlier this week was sent to actor Robert De Niro and former vice president Joe Biden, according to media reports. 

  • Oct 19- U.S. stocks rose broadly on Friday, driven by the consumer staples sector which was helped by Procter& Gamble results, brushing aside growth risk concerns in Europe and political tensions in Saudi Arabia. "The fact that China is supporting its market is a comfort for the U.S. That combined with strong earnings is giving a bit of a breather from macro events, "...

  • LAS VEGAS, Oct 19- With Ford Motor Co's stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker's third-quarter results. After Morgan Stanley on Friday cut its price targets for Ford and...

  • LAS VEGAS, Oct 19- With Ford Motor Co's stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of third-quarter results. "I feel better after seeing the product," said Jim Seavitt, owner of Village Ford in Dearborn,...

  • WASHINGTON, Oct 18- New applications for U.S. unemployment benefits dropped last week and the number of Americans on jobless rolls fell back to levels last seen in 1973, suggesting a further tightening in labor market conditions. "The labor market is tight by any quantitative metric and companies are holding on to labor because of the difficulty of replacing...

  • The Chapter 11 filing to reorganize debts of the parent of Sears, Roebuck and Co and Kmart Corp follows a decade of revenue declines, hundreds of store closures, and years of deals by billionaire Chief Executive Officer Eddie Lampert in an attempt to turn around the company he acquired in 2005 for $11 billion. Lampert and his hedge fund ESL Investments Inc own just...

  • Oct 12- Sandy Hetrick drove 15 miles from her home to a Sears in Media, Pennsylvania on Wednesday to buy folding chairs and clothes. Her local Sears in Wilmington, Delaware, the 54- year-old retiree said, was so poorly stocked that she stopped going there, even though there is no Delaware state sales tax. The stores have minimal items, "she said as she shopped at the store...

  • Oct 12- Sandy Hetrick drove 15 miles from her home to a Sears in Media, Pennsylvania on Wednesday to buy folding chairs and clothes. Her local Sears in Wilmington, Delaware, the 54- year-old retiree said, was so poorly stocked that she stopped going there, even though there is no Delaware state sales tax. The stores have minimal items, "she said as she shopped at the store...

  • *Indexes slump: Dow 0.99 pct, S&P 1.03 pct, Nasdaq 2.02 pct. *Nine of 11 sectors lower, with 4 falling more than 1 pct. Oct 4- Wall Street tumbled on Thursday, mirroring a slump in global financial markets, as U.S.

  • Oct 2- A federal judge has ruled that Tesla must defend itself at a trial over allegations it knew foreign workers at its California assembly plant were threatened with deportation if they reported an injury and worked long shifts that violated forced labor laws. District Judge Lucy Koh, in San Jose, California, dismissed most of the seven claims against Tesla on...

  • District Judge Lucy Koh, in San Jose, California, rejected on Monday Tesla's request for an early dismissal of the lawsuit, paving the way for the plaintiffs to seek documents and witnesses to build their case. The decision comes as Tesla faces intense pressure to turn a profit and days after Chief Executive Officer Elon Musk stepped down as chairman to settle...

  • A jury sided with IBM in July, ordering Chicago- based Groupon to pay $83 million in damages. William Lafontaine, IBMs general manager of intellectual property, said in a statement the deal demonstrates the value of the intellectual property the Armonk, New York- based company derives from its annual investment of more than $5 billion in research and development.

  • LONDON, Oct 1- European shares rose on Monday as a new U.S.- Mexico- Canada trade pact lifted some of the gloom over global trade, while Italian stocks extended Friday's slide as top EU officials weighed in on the government's budget plans. The euro zone's top stock index rose 0.4 percent while Germany's trade-sensitive DAX climbed 0.8 percent.

  • WILMINGTON, Del, Oct 1- Germany's Fresenius SE won a rare court ruling allowing the healthcare group to walk away from its $4.75 billion takeover of Akorn Inc, sparking a more than 50 percent fall in the U.S. generic drugmaker's shares. "This is a landmark case," said Larry Hamermesh, a professor at Delaware Law School in Wilmington, Delaware. Fresenius terminated the...