State Delaware Financial News

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Check out what's clicking on FoxBusiness.com.

Dell Technologies, the Delaware Supreme Court ruled on Wednesday, rejecting arguments that the payment was a windfall. The fee is one of the largest ever for U.S. shareholder litigation. A Delaware trial court is weighing two other requests for huge legal fees, both in cases involving Tesla, and the ruling contained language that might be seen as helpful for the carmaker's efforts to fight those fees.

Supreme Court on Wednesday stayed the National Company Law Appellate Tribunal’s (NCLAT) order, which approved the settlement between edtech firm Byju’s and the Board of Control for Cricket in India (BCCI) over unpaid dues of Rs 158 crore. Solicitor General Tushar Mehta, appearing for the BCCI, opposed the appeal against the NCLAT order. Mehta said that because of the stay, the BCCI’s settlement with Byju’s will go. The Supreme Court bench led by Chief Justice of India DY Chandrachud asked BCCI to keep the settlement amount in a separate account till August 23 – the next date of hearing.

clip of US President Joe Biden taking a nap at a Delaware beach has gone viral with a large number of people watching it and reacting to it online. The 46th president of the United States slept on an armchair on the Rehoboth Beach, his favorite. The camera caught him stretching his legs under an umbrella. People reacted to how Biden was taking a vacation with just a few months of presidency left. Netizens have reacted in several ways, some praising him, some expressing concerns, some ridiculing and some criticizing him, some even accused him of dereliction of duty. A user took to the social media platform X to write, «Pre-ice cream cone power nap.»

Check out what's clicking on FoxBusiness.com

Gym operator Blink Fitness has filed for Chapter 11 bankruptcy protection

US Presidential Election 2024 is only a few weeks away, the political tension is escalating by leaps and bounds, US President Joe Biden has come under scathing attacks for the most unexpected reasons. He was caught taking forty winks under the sun at Delaware Beach. The Republican Party lost no time in attacking him and accusing him of dereliction of duty. They went to the extent of saying that Biden has spent 40% of his entire presidency on vacation. The RNC Research took to social media platform X and wrote in a post, «Biden- who held just one public event this week- is currently lounging on the beach in Delaware. He has spent 40% of his entire presidency on vacation. Who is running the country?» This triggered reactions among the netizens who came out on the social media platforms in a large number, most of them slammed or ridiculed the 81-year-old president. A user called Collins Opara wrote, «This is a joke! Biden has spent 40% of his presidency on vacation while the country falls apart. Inflation, crime, border crisis — who cares? He's too busy relaxing on the beach. Unbelievable dereliction of duty. Incompetent leadership. America deserves so much better than this.»

The rock band Journey has made many hits over the past 50 years, but the song that might now be resonating the loudest for some band and crew members is “Separate Ways.”

Attorneys for Elon Musk and Tesla’s corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive pay package for Musk

O'Leary Ventures Chairman Kevin O'Leary reacts to the Biden administration’s latest claim that corporations are the cause of sky-high inflation on 'Varney & Co.'

Kamala Harris' first 2024 presidential campaign video, a familiar rhythm rings out. The clip, which touches on issues of gun violence, health care and abortion, is soundtracked by Beyonce's «Freedom,» a cut from her 2016 landmark album, «Lemonade.»

US President Joe Biden ended his election campaign on Sunday. Before this decision, apart from political reasons, he was suffering due to various health related challenges. The president was isolating in his Delaware home after he tested positive for COVID-19. The president’s personal physician has issued a health bulletin. Recently, he was seen boarding the Air Force One after recovering from COVID-19.

Kamala Harris as Democratic party nominee for the state-head post of the US.

US Homeland Security Secretary Alejandro Mayorkas has appointed a bipartisan, independent panel to review this month's assassination attempt on former President Donald Trump, officials said Sunday. The panel members will have «extensive law enforcement and security experience to conduct a 45-day independent review of the planning for and actions taken by the US Secret Service and state and local authorities before, during, and after the rally, and the US Secret Service governing policies and procedures,» the Department of Homeland Security said in a statement. The first people named to the panel are former Homeland Security Secretary Janet Napolitano; Frances Townsend, former Homeland Security adviser to President George W. Bush; Mark Filip, a former federal judge and deputy attorney general to President George W. Bush; and David Mitchell, former Secretary of the Department of Public Safety and Homeland Security for the state of Delaware. Additional experts could be asked to join the group in the coming days, the statement said.

Joe Biden has announced his decision to withdraw from the 2024 US Presidential race, citing the best interests of his party and the nation. This move follows mounting pressure from within his own party, particularly after a challenging debate performance against former President Donald Trump in June.

Joe Biden vowed on Friday to continue his campaign for reelection even as more fellow Democrats in Congress urged him to end his floundering campaign, fearing that it could cost the party dearly in the Nov. 5 election. More than one in 10 congressional Democrats have now publicly called on the 81-year-old incumbent — who is isolating at his Delaware home with a case of COVID — to drop out following a disastrous June debate against Republican Donald Trump that raised questions about Biden's ability to win or to carry out his duties for another four years. Biden remained defiant, saying he would resume campaigning soon.

Joe Biden, who was tested positive for COVID-19 early this week, has completed his fourth dose of PAXLOVID, his physician said on Friday (local time). Biden continues to face primary symptoms like a loose, non-productive cough and hoarseness. However, his symptoms have «improved meaningfully» since Thursday, Biden's doctor Kevin C O'Connor stated. In a statement released by the White House on X, Kevin C O'Connor said, «President Biden completed his fourth dose of PAXLOVID this morning. His loose, non-productive cough and hoarseness continue to be his primary symptoms, but they have improved meaningfully from yesterday. His pulse, blood pressure, respiratory rate and temperature remain absolutely normal. His oxygen saturation continues to be excellent on room air. His lungs remain clear.»

Joe Biden’s post on X (formerly Twitter) is being closely scrutinized by many people including his own party members. He is presently being treated for COVID-19 and has called off certain campaign events over the past few days and returned to his home at Delaware. This cryptic post on a social networking site only raises further questions. This has been reported by Axios. In recent times, the pressure on Joe Biden to call off his election campaign has increased and there is increasing pressure on him to step aside. Hence, this message calling for political donations has only led to more confusion among the Democratic party legislators and others who are opposed to Biden’s campaign.

US President Joe Biden is expected to make a major announcement on his re-election bid, with several senior Democratic leaders suggesting that he leave the race following his disastrous debate performance, a failed assassination attempt on his rival Donald Trump, his poor health, and falling poll numbers, according to media reports. «Several people close to President Biden said on Thursday that they believe he has begun to accept the idea that he may not be able to win in November and may have to drop out of the race, bowing to the growing demands of many anxious members of his party,» The New York Times reported. Biden, 81, is spending time at his Delaware residence in isolation after he was tested positive for COVID-19. Media reports said that top leaders of the Democratic party, including former president Barack Obama, former House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer, have asked him to leave the presidential race, in the absence of which the party risks losing the White House, the Senate and the House of Representatives. «People close to top Democrats said Thursday that it now appeared it was a matter of when-not if-Biden bows out of the presidential race. In the past day or so, former President Barack Obama has told friends who have called him that Biden's path to victory is narrow, according to people familiar with the calls,» The NYT report said.