State Delaware Financial News

29.02 / 20:25

UPS BLOCK Digital Patrick President social Courts Architect of Trump's social media deal sues to block transaction

By Tom Hals

25.02 / 14:31

markets UPS Provident Software wellness country International Razorpay eyes an international boost even as it moves base to India

MUMBAI : Payment gateway business Razorpay Software Pvt. Ltd is preparing to launch its products in new Southeast Asian and West Asian markets this year, aiming to garner 5-10% of its revenue from its international business in 3-5 years. “We should definitely launch in some new countries this year as we look to expand our business in Southeast Asia and Middle East," said co-founder and managing director Shashank Kumar.

25.02 / 06:53

COST Citi Gap students Universities reports Colleges This college town in the US wants to levy a special tax on university students

University of Delaware (UD). The council is hoping the move helps to alleviate the city's projected $8 million revenue gap in 2025. According to a reports, UD President Dennis Assanis has attributed the university's financial challenges to inflated employee health-care costs, leading to a hiring freeze and the contemplation of additional budgetary measures. However, local officials argue that the university, being exempt from property taxes, should contribute to the city's rising operational costs. Opposition to the proposed tax have come from students and administrators who argue that the university already significantly contributes to Newark's economy. They contend that an additional tax would impose a burden on students.

24.02 / 17:23

Football reports travelers Courts stake Berkshire paid $2.6 billion for Haslam family's remaining 20% Pilot stake

By Jonathan Stempel

23.02 / 17:31

UPS Tesla TripAdvisor information Schools Courts rights elon Elon Musk gets some guidance from a Delaware judge on how to ditch the state

Tesla CEO Elon Musk is serious about moving the electric car company out of Delaware and reincorporating in Texas, he got good news yesterday from a judge in Delaware Chancery Court. In a case involving Tripadvisor, Vice Chancellor Travis Laster said that the online travel site can go ahead with plans to move its state of incorporation from Delaware to Nevada. The move was pushed by Tripadvisor's controlling shareholder, Greg Maffei, but was opposed by shareholders who argued that Maffei's goal was to evade accountability in Delaware courts.

23.02 / 08:35

FTX Artificial Intelligence Anthropic stake FTX Cleared to Sell Its Stake in AI Startup Anthropic

Bankrupt cryptocurrency exchange FTX has been permitted to sell its shares in the artificial intelligence firm Anthropic, according to an issue ordered by U.S. Federal Judge John Dorsey on Thursday.

21.02 / 17:29

Provident Exelon reports Utility Electric utility Exelon adds $3.2 billion to four-year capex plan

(Reuters) — Utility firm Exelon (NASDAQ:EXC) beat fourth-quarter profit estimates on Wednesday, helped by higher electricity rates.

20.02 / 15:13

CEO Tesla TripAdvisor social travelers Courts Delaware court allows TripAdvisor to reincorporate in Nevada

By Jody Godoy

16.02 / 14:32

UPS Twitter Tesla SpaceX Experts recommendations Musk pushes forward on transfer of legal home for SpaceX from Delaware, to Texas

Elon Musk is looking to move the legal home of SpaceX to Texas from Delaware after a judge in that state voided the billionaire’s $55.8 billion Tesla pay package

15.02 / 03:35

Twitter CEO Platform Tesla SpaceX recommendations elon Elon Musk says SpaceX has moved its incorporation to Texas from Delaware

SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk said Wednesday in a post on X. «SpaceX has moved its state of incorporation from Delaware to Texas! If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,» Musk said on the platform, formerly known as Twitter.

14.02 / 19:41

Citi awards Bayer show 2020 Courts Colleges Bayer fights string of Roundup trial losses including $2.25B verdict in Philadelphia

The Bayer Corporation has spent more than $10 billion to settle lawsuits that claim the popular weed killer Roundup causes cancer

14.02 / 17:49

markets CEO Action security community Terraform Labs Luna Courts Fallen crypto company Terraform Labs files for US bankruptcy, says it will build Web3 business

Terraform Labs, the company behind the stablecoins TerraUSD and Luna, which collapsed the cryptocurrency industry in 2022, has filed for bankruptcy in the United States.

13.02 / 14:53

Citi Monarch President stage information reports rights Joe Biden's latest gaffe: Gets confused, looks lost while hosting Jordanian King

US President Joe Biden's cognitive abilities have been raised after he made one more gaffe publicly. While hosting the King of Jordan, Abdullah II at his official residence White House, he appeared confused on the stage. As the Jordanian King was ready to speak, Biden started looking for a mark on the floor to know the right place to stand. He wavered between two locations before deciding to proceed to Abdullah's left and in front of the Jordanian flag.

13.02 / 13:39

COST Incyte exclusive reports patient Incyte misses quarterly profit estimates due to higher costs

(Reuters) — Incyte (NASDAQ:INCY) Corp on Tuesday reported fourth-quarter profit below Wall Street estimates, hit by higher costs related to its products such as skin disorder drug Opzelura and forecast weak sales for its lead product Jakafi this year.

13.02 / 07:11

UPS Twitter CEO Tesla recommendations Courts elon Elon Musk's Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada

12.02 / 21:19

markets UPS DOW economy wellness reports record high inflation data Stock Market Today: Dow in record high as energy shines; inflation data eyed

Investing.com — The Dow closed at record highs Monday, led by energy stocks ahead of a busy week of top-tier economy data, and fresh round of corporate earnings.

12.02 / 03:19

Twitter SEC Tesla information Courts Investigations elon Is Elon Musk's Twitter acquisition legitimate? California court seeks answers on SEC investigation

Also Read | Elon Musk ‘Pounds the table...yell like hell’ when facts are against him: US Labor watchdog The order from US Magistrate Judge Laurel Beeler, issued over the weekend, formalizes a previous tentative ruling made in December that favoured the SEC's position. Also Read | Elon Musk plans to discontinue his phone number ‘in a few months’. Here's why Musk had testified before the SEC twice in half-day sessions in July of 2022.

11.02 / 13:31

UPS security economy Election President War Trump comments on Russia, NATO 'appalling and unhinged' -White House

By Andrea Shalal

11.02 / 01:31

UPS Twitter CEO Tesla recommendations Courts elon Elon Musk's Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal

Elon Musk's brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla. Neuralink, which has its physical headquarters in Fremont, California, became a Nevada company on Thursday, according to state records. Delaware records also list the company's legal home as Nevada.

10.02 / 02:21

Twitter Man CEO Remark Tesla information Courts elon Elon Musk takes Neuralink out of Delaware, reincorporates brain implant company in Nevada

wrote. Musk's comment was followed by the Delaware Court of Chancery's Judge Kathaleen McCormick's remark on the Tesla CEO's $56-billion salary. Judge McCormick termed called it "an unfathomable sum".

09.02 / 18:26

UPS security Football Patrick inclusion reports NFL's Hall of Fame inductees 2024: A complete list of who made it to the final list this year

NFL unveiled the Hall of Fame Class of 2024, welcoming a distinguished group of former players, coaches, and contributors into the prestigious ranks of Canton. Leading up to the official announcement at the 2024 NFL Honors, reports surfaced indicating the inclusion of three notable players: Steve McMichael, Devin Hester, and Julius Peppers, all associated with the Chicago Bears, as detailed by the Chicago Sun-Times. McMichael secured his place as a senior inductee, while Hester and Peppers earned spots in the modern-era category.

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