State Delaware Financial News
11.12 / 02:11
10.12 / 04:35
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Meta shareholders seek sanctions for Sandberg, Zients for deleting Cambridge Analytica emails
Attorneys for Meta shareholders are asking a Delaware judge to sanction former Chief Operating Officer Sheryl Sandberg and fellow Facebook board member and current White House chief of staff Jeff Zients for deleting emails related to the Cambridge Anal...
05.12 / 12:41
04.12 / 06:45
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'Amtrak Joe' Biden uses his visit to Angola to promote a major African rail project
President Joe Biden is finding ways to celebrate trains in the waning days of his presidency thousands of miles from home
04.12 / 06:45
04.12 / 04:09
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What’s next in the legal battle over Elon Musk’s $100 billion pay deal
Subscribe to enjoy similar stories. Elon Musk’s record-breaking Tesla compensation package has hit another roadblock, after a Delaware judge on Monday again rejected the pay deal, now worth nearly $100 billion. The ruling presents a dilemma for Tesla’s board of directors, who had warned that Musk’s pay package as CEO is vital to keep the serial entrepreneur’s attention on the carmaker at a time when electric-vehicle sales are under pressure.
03.12 / 07:55
03.12 / 01:13
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What is the legal effect of President Biden's pardon of his son Hunter?
WHAT DID THE PARDON COVER? Hunter Biden was pardoned for his conviction by a jury in Delaware and a guilty plea in California. Hunter Biden was also pardoned for federal crimes «he committed or may have committed» between Jan. 1, 2014 through Dec. 1, 2024.
02.12 / 13:03
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US President Joe Biden saves son Hunter from possible Jail sentence ahead of Donald Trump's swearing-in. Here's how
Joe Biden pardoned his son, Hunter, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversing his past promises not to use the extraordinary powers of the presidency for the benefit of his family, as per a report. The Democratic president had previously said he would not pardon his son or commute his sentence after convictions in the two cases in Delaware and California. The move on Sunday night comes weeks before Hunter Biden was set to receive his punishment after his trial conviction in the gun case and guilty plea on tax charges, and less than two months before President-elect Donald Trump is set to return to the White House, AP reported. It caps a long-running legal saga for the younger Biden, who publicly disclosed he was under federal investigation in December 2020 — a month after his father’s 2020 victory — and casts a pall over the elder Biden's legacy.
29.11 / 07:29
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Santa's annual train visit delivers hope and magic to one corner of coal country
Since 1943, the people of Appalachian Kentucky, Virginia, and Tennessee have looked forward to Santa’s arrival
28.11 / 17:45
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Federal court dismisses defamation lawsuit against Fox News for Jan. 6 conspiracy theory
A federal judge has dismissed a defamation lawsuit against Fox News brought by a former Marine and Trump supporter who claimed he was made a scapegoat by the network after the Jan. 6, 2021, U.S. Capitol insurrection
22.11 / 22:59
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Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020
Attorneys for Fox Corp. are asking a Delaware judge to dismiss a lawsuit seeking to hold current and former company officials personally liable for the financial fallout from Fox News reports regarding alleged vote rigging in the 2020 election
18.11 / 19:53
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Judge tosses Huckabee lawsuit against Meta over ads suggesting he endorsed marijuana gummies
A federal judge in Delaware has dismissed a lawsuit filed by former Arkansas Gov. Mike Huckabee against social media giant Meta over advertisements using his name and image to sell CBD products
08.11 / 09:29
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Want to live a long and fulfilling life? Change how you think about getting old
Subscribe to enjoy similar stories. Nearly every Friday morning for the last three years, I’ve exercised side-by-side with Perry Chapman. At 70, Perry is over 15 years older than me, but she puts me to shame.
06.11 / 17:31
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Who is Sarah McBride, the first openly transgender member of U.S. Congress?
Sarah McBride, a Democrat and current Delaware State Senator, has made history by becoming the first openly transgender person elected to the U.S. Congress. She will represent Delaware's single House seat, winning against Republican candidate John Whalen III.
06.11 / 07:33
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Who is Sarah McBride: The first transgender member elected to US House
Delaware state senator, has scripted history by becoming the first openly transgender person elected to the US House of Representatives. Sarah McBride was the comfortable winner against Republican John Whalen III, US news networks projected, as she built up an unassailable lead with around two-thirds of ballots counted.
01.11 / 14:49
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Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy
bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue offering its products while undergoing a hoped-for revitalization. The sale given the court's green light in Delaware still is subject to closing conditions. Under terms of the deal, a group of lenders is buying Tupperware's brand name and various operating assets for $23.5 million in cash and more than $63 million in debt relief. Tupperware agreed to the lender takeover last week, pivoting from a previously planned asset auction. The brand said it expects to operate as The New Tupperware Co. upon completion of the deal.
31.10 / 17:21
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60,000 Wawa-branded tumblers recalled because their metal straws can cut customers
Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw
31.10 / 01:35
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US Elections: President Biden's 'garbage' gaffe gives Donald Trump political boost
His remarks, made in response to a comedian's derogatory comment about Puerto Rico at a Donald Trump rally, have opened a door for Trump to shift focus away from his own controversial campaign tactics. Biden criticised the comedian's description of Puerto Rico as a «floating island of garbage,» asserting that the people of Puerto Rico are «good, decent, and honourable.» However, his defence sparked a political uproar, detracting from Vice President Kamala Harris's key closing speech on Tuesday evening, CNN reported.
30.10 / 07:21
19.10 / 12:15
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Walmart reaches settlement deal for shareholder lawsuits over its handling of opioids
Walmart says it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids
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