Top News & Analysis Delaware

  • Oct 11- Indiana on Thursday confirmed two more deaths from a mysterious lung illness linked to e-cigarettes, bringing the total number of fatalities to 29 across the country, as U.S. health officials investigate the outbreak that has shown no signs of easing. Latest data from the Centers for Disease Control and Prevention listed 1,299 confirmed and probable...

  • Oct 10- Deaths from a mysterious lung illness linked to e-cigarettes rose to 25 across 21 U.S. states, with Utah on Wednesday confirming the state's first death. Latest data from the Centers for Disease Control and Prevention listed 1,080 confirmed and probable cases of the illness as of Oct. 1. **States that have reported deaths: Alabama, California, Delaware,...

  • SINGAPORE, Oct 10- JPMorgan Chase& Co. has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region. The move by the U.S. banking giant, which already has a Delaware trust company for U.S.-based clients and one in the Bahamas, comes amid a boom in family offices, or private investment vehicles, in Hong...

  • Oct 8- Peloton Interactive Inc filed a lawsuit against Echelon Fitness LLC on Tuesday, alleging that it infringed the fitness startup's patents and sold "cheap, copycat" products. "Echelon has unfairly stolen customers from Peloton and attracted funding from investors that has reportedly brought Echelon's total valuation to over $100 million," Peloton said in...

  • Oct 8- Massachusetts state health officials on Monday confirmed one death from a mysterious lung illness linked to e-cigarettes, bringing the total number of fatalities to 21 across 18 U.S. states. **States that have reported deaths: Alabama, California, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Minnesota, Mississippi, Missouri, Nebraska, New Jersey,...

  • Oct 3- Delaware and Alabama state health officials confirmed one death each from a mysterious lung disease associated with the use of e-cigarettes, bringing the total number of fatalities to 18 across 15 U.S. states. Data from the Centers for Disease Control and Prevention has listed more than 800 confirmed and probable cases of the illness as of Sept. 24.

  • DELAWARE DEPARTMENT OF HEALTH AND SOCIAL SERVICES CONFIRMS ONE DEATH ASSOCIATED WITH VAPING-RELATED LUNG INJURY.

  • SUBSIDIARIES HAVE COMMENCED VOLUNTARY CHAPTER 11 CASES IN UNITED STATES BANKRUPTCY COURT FOR DISTRICT OF DELAWARE.

  • Sept 24- As many as 60 million Americans tend to have a hard time qualifying for credit cards and other loans, making it more difficult for them to recover from financial setbacks, according to a report released on Tuesday by the New York Federal Reserve. The findings show that the number of Americans who cannot easily access loans may be twice as many as previously...

  • Sept 23- Tesla Inc Chief Executive Elon Musk urged investors to approve the 2016 purchase of SolarCity at a big premium to its market value despite knowing the solar installer faced a cash crunch and publicly stating he had recused himself from involvement in the deal, according to court documents unsealed on Monday. Defendants asked the Delaware Court of...

  • WILMINGTON, Del., Sept 20- A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company. Tesla estimated the 2018 compensation package was worth $2.6 billion when it received...

  • Sept 19- Drugmaker Insys Therapeutics Inc on Thursday won court approval to sell its flagship fentanyl spray to a buyer who agreed to only market the drug for use by cancer patients, in response to concerns about the product's role in fueling the opioid epidemic. Bankruptcy Judge Kevin Gross in Wilmington, Delaware, marked the first time a bankruptcy court...

  • WASHINGTON, Sept 19- The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. The reports came a day after the Federal Reserve cut interest rates by another 25 basis points, citing risks to the longest...

  • Sept 18- OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company and its controlling Sackler family helped fuel the U.S. opioid crisis, according to court documents. Bankruptcy Judge Robert Drain to shield the wealthy Sacklers from related opioid lawsuits they...

  • Sept 17- Oxycontin maker Purdue Pharma LP on Tuesday told a bankruptcy judge it hopes to broaden support for a proposed settlement of more than 2,600 lawsuits alleging that the company fueled the U.S. opioid crisis. Bankruptcy Judge Robert Drain in White Plains, New York that the case was an opportunity to end a "chaotic maelstrom" of litigation.

  • NOVO PROGRESSO, Brazil, Sept 11- A maverick journalist in this isolated Brazilian ranching town warned his readers last month that the surrounding Amazon was about to go up in flames. Queimadas, or burnings, are nothing new in Novo Progresso, located on the frontier where Brazil's farmland edges the Amazon rainforest in the northern state of Para.

  • San Francisco- based PG&E unveiled on Monday a proposed plan to exit bankruptcy that included payments capped at $8.4 billion for wildfire claims. Dumas said that government agencies such as the Department of the Interior and the Federal Emergency Management Agency, or FEMA, could have billions of dollars in claims, leaving far less for victims than $8.4...

  • San Francisco- based PG&E unveiled on Monday a proposed plan to exit bankruptcy that included payments capped at $8.4 billion for wildfire claims. Dumas said that government agencies such as the Department of the Interior and the Federal Emergency Management Agency, or FEMA, could have billions of dollars in claims, leaving far less for victims than $8.4...

  • NEW YORK, Sept 9- Executives of the Philadelphia Energy Solutions oil refinery were paid roughly $4.5 million in retention bonuses after a summer fire that led to the plant's closure and before the company filed for bankruptcy a few weeks later, court documents show. Chief Executive Officer Mark Smith received a $1.545 million retention bonus, the largest sum...

  • Bill Olesner walks down South Battery St. while cleaning debris from storm drains on September 5, 2019 in Charleston, South Carolina. Hurricane Dorian is just off the coast of South Carolina.

    Hurricane Dorian, still Category 2, is passing south and southeast of Myrtle Beach, South Carolina.