Top News & Analysis Delaware

  • BRASILIA/ SAO PAULO, Aug 22- Amid growing international criticism over the wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest alight but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General António...

  • Aug 21- The Citgo Petroleum board of directors appointed by Venezuela's opposition congress chief was confirmed by a U.S. judge on Wednesday, ending a challenge by former directors loyal to Venezuelan President Nicolas Maduro. Citgo, the eighth-largest U.S. refiner and the most important foreign asset for Venezuela's crisis-stricken economy, has been...

  • WASHINGTON, Aug 20- The U.S. Justice Department sued on Tuesday to block travel technology firm Sabre Corp's $360 million acquisition of Farelogix Inc, saying in court papers that it was a "dominant firm's attempt to eliminate a disruptive competitor." Last week, Sabre said it planned to close the deal announced in November by Wednesday unless the Justice...

  • WASHINGTON, Aug 20- The U.S. Justice Department sued on Tuesday to block travel technology firm Sabre Corp's $360 million acquisition of Farelogix Inc, saying in court papers that it was a "dominant firm's attempt to eliminate a disruptive competitor." Last week, Sabre said it planned to close the deal announced in November by Wednesday unless the Justice...

  • WILMINGTON, Del., Aug 19- A federal judge dismissed claims on Monday by turnaround pioneer Jay Alix that McKinsey& Co violated racketeering laws when the consulting firm expanded into advising bankrupt U.S. companies. Judge Jesse Furman of Manhattan dismissed claims brought under a racketeering law known as RICO that McKinsey had harmed AlixPartners.

  • WASHINGTON, Aug 15- U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, which could help to assuage financial market fears that the economy was heading into recession. The upbeat report from the Commerce Department on Thursday, however, will likely not change expectations that the Federal Reserve...

  • The U.S. Environmental Protection Agency move comes four months after President Donald Trump ordered the EPA to change a section of the U.S. In its 163- page proposal, the EPA said a state or authorized tribe must act on a Section 401 certification request "within a reasonable period of time, which shall not exceed one year" and "must be limited to considerations of...

  • NGL ENERGY ACTIVELY LOOKING TO GROW WATER BUSINESS POSITION IN DELAWARE BASIN OF TEXAS- CEO.

  • Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019.

    A federal appeals court struck down Google's class-action settlement meant to resolve claims it invaded the privacy of millions of computer users by installing "cookies" in their browsers.

  • Aug 6- Devon Energy Corp raised its full-year oil output forecast and beat estimates for quarterly profit on Tuesday, as the U.S. oil and gas producer drilled more in Delaware basin and sold it at higher prices while keeping a tight lid on expenses. Its output from the Delaware basin in the oil-rich Permian field surged 58% to 120,000 barrels of oil equivalent per...

  • Aug 6- U.S. oil and gas producer Devon Energy Corp beat quarterly profit estimates on Tuesday, helped by lower expenses and higher output from its Delaware basin assets, and raised its full-year oil production forecast. Output from the Delaware basin in the oil-rich Permian field surged 58% to 120,000 barrels of oil equivalent per day in the second quarter, while...

  • In a 3-0 decision, the 3rd U.S. Circuit Court of Appeals in Philadelphia said it could not tell whether the $5.5 million settlement was fair, reasonable and adequate, and said a lower court judge should revisit the case. District Judge Sue Robinson in Delaware called for Google to stop using cookies for Safari browsers, and pay the $5.5 million mainly to the...

  • *Charles River says more scrutiny needed of new method. ZURICH, Aug 1- If you've received a vaccination, hip replacement or chemotherapy without suffering toxic shock, chances are you've benefited from a vast bloodletting of horseshoe crabs. Every year, fishermen net hundreds of thousands of the creatures off the U.S. East Coast and in Asia before their prized...

  • Construction of new oil and gas pipelines in the United States has failed to keep pace with output, which has more than doubled over the past three years in the country that is now the world's largest oil producer. Whiting, which expects the infrastructure constraints to continue through the year, said it had cut about 254 positions and expects to save about $50...

  • Adjusted net income fell to $139 million, or 69 cents per share, in the second quarter ended June 30, from $185 million, or $1.24 per share, a year earlier. Concho, which operates in the Delaware and Midland basins of the prolific Permian shale field, said total production rose to 328,681 barrels of oil equivalent per day from 228,958 boepd a year earlier.

  • July 29- A U.S. federal appeals court on Monday rejected an appeal by Venezuela's state-owned oil company to set aside an order allowing a Canadian gold mining company to seize shares in its U.S. refining unit, Citgo Petroleum Corp. Crystallex International Corp had won the $1.4 billion judgment as compensation for the expropriation of its assets in Venezuela...

  • *Mylan CEO Heather Bresch to retire. The combined company, which will get a new name, is expected to have 2020 revenue of $19 billion to $20 billion, with free cash flow expected to be more than $4 billion. The new company, to be based in the United States and incorporated in Delaware, will be led by Michael Goettler, president of Pfizer's Upjohn unit, which sells Pfizer's...

  • *Mylan CEO Heather Bresch to retire. The combined company, which will get a new name, is expected to have 2020 revenue of $19 billion to $20 billion, with free cash flow expected to be more than $4 billion. The new company, to be based in the United States and incorporated in Delaware, will be led by Michael Goettler, president of Pfizer's Upjohn unit, which sells Pfizer's...

  • *Mylan CEO Heather Bresch to retire. The combined company, which will get a new name, is expected to have 2020 revenue of $19 billion to $20 billion, with free cash flow expected to be more than $4 billion. The new company, to be based in the United States and incorporated in Delaware, will be led by Michael Goettler, president of Pfizer's Upjohn unit, which sells Pfizer's...

  • *MYLAN NV- UPJOHN WILL ISSUE $12 BILLION OF DEBT AT OR PRIOR TO SEPARATION, WITH GROSS DEBT PROCEEDS RETAINED BY PFIZER. *MYLAN NV- NEW COMPANY WILL HAVE APPROXIMATELY $24.5 BILLION OF TOTAL DEBT OUTSTANDING AT CLOSING. *MYLAN NV- NEW COMPANY WILL OPERATE GLOBAL CENTERS IN PITTSBURGH, PENNSYLVANIA; SHANGHAI, CHINA, AND HYDERABAD, INDIA.