State Delaware Financial News

Jill Biden tested positive for COVID-19 Monday but is experiencing only mild symptoms, her spokeswoman said. President Joe Biden was tested for the virus following his wife's positive test, but his results were negative.

Rehoboth Beach Police Department, 31-year-old Richard Boateng was last seen in the surf off the beach near Rehoboth Avenue on Sunday evening. This beach is located on the coast of the Atlantic Ocean.

By Jeff Mason

Bankrupt crypto exchange FTX’s Solana wallet has moved $10 million in altocoins to Ethereum network through the Wormhole bridge in the last 4 days, sparking fears of more token dumps in the market. 

FTX debtors have disclosed a series of financial statements that show top executives used company funds to their own advantage shortly before the cryptocurrency exchange collapsed.

FTX Debtors have disclosed a series of financial statements revealing transactions that benefited company executives shortly before the major cryptocurrency exchange’s collapse in November 2022.

Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026

ZomatoMarquee investors including Morgan Stanley, Nomura, Kotak Mahindra MF, among others picked up stake in Zomato in block deal on Wednesday.ZEEQuant Mutual Fund has sold 48.1 lakh shares in Zee Entertainment Enterprises through bulk deals on Wednesday.Sula VineyardVerlinvest Asia Pte is looking to offload up to 12.5% stake in Sula Vineyard through block deals on Thursday, according to reports.Read more: What changed the market while you were sleepingMahindra LogisticsThe company's board has approved the appointment of Saurabh Taneja, as Chief Financial Officer and Key Managerial Personnel with effect from September 1.Natco PharmaNatco Pharma has invested $2 million in Delaware-based ISCA for bio control of pests.BHELBHEL has secured an order from NTPC for setting up the 2x800 MW supercritical thermal power project stage-II at Lara in Chhattisgarh through international competitive bidding.Fortis HealthcareFortis Healthcare has reached an agreement to acquire a multi-speciality hospital in Haryana for Rs 225 crore.NTPC The Board of NTPC has approved Rs 15,530 crore investment for 1,600 MW lara super thermal project.

(Reuters) — The U.S. government on Tuesday selected the first 10 drugs, including the big-selling blood thinner Eliquis from Bristol Myers (NYSE:BMY) Squibb and Pfizer (NYSE:PFE), that will be subject to the first-ever Medicare price negotiations, part of President Joe Biden’s Inflation Reduction Act (IRA) that drugmakers and industry groups have challenged in court.

By Dietrich Knauth

Prime Trust, LLC, has found itself at the centre of a complicated financial and legal scenario. On August 14, 2023, the business and a few of its affiliates voluntarily petitioned the United States Bankruptcy Court for the District of Delaware for Chapter 11 bankruptcy protection.

(Reuters) -AstraZeneca said on Friday it has sued the U.S. government to block parts of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices.

The parent company of crypto custodian Prime Trust, currently involved in Chapter 11 bankruptcy proceedings, has reported losing roughly $8 million in client and treasury funds through TerraUSD investments.

The company filed a motion with the District of Delaware Bankruptcy Court on Aug. 24 seeking authorization and approval of guidelines for the sale of digital assets recovered during ongoing bankruptcy proceedings.

In the wake of restructuring efforts to distance itself from its founder, Leon Black, Apollo Global Management has another problem. On Wednesday, a lawsuit was lodged claiming that the company wrongfully agreed to pay  $570 million for the personal tax bills of its key executives.

By Tom Hals and Helen Coster

A class action complaint has been filed against Fenwick & West, LLP («Fenwick»), a prominent law firm, in the United States District Court, Northern District of California, San Francisco Division, on August 7, 2023. The complaint alleges Fenwick's involvement in the FTX disaster, described as «the largest financial fraud in US history.»

By Steve Holland

Investing.com -- Shares in Earthstone Energy (NYSE:ESTE) surged on Monday after the oil and gas group agreed to be acquired by peer Permian Resources (NYSE:PR) in a deal worth approximately $4.5 billion.

(Reuters) — Pet food company Freshpet (NASDAQ:FRPT) Inc said on Monday it has reached an agreement with Jana Partners and appointed Timothy McLevish, one of the activist investor's director nominees, to its board.

retirement plans. There is no clearer evidence of a bull market. Some of the rallies, at a stretch, even make sense.