State Delaware Financial News

19.04 / 05:59

markets UPS Tesla Trade reports Courts Tesla shares tumble below $150 per share, giving up all gains made over the past year

Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers

18.04 / 20:53

Provident wellness stars Relationships LPL signs $200M duo from Wells Fargo

LPL is once again expanding its presence in the Lone Star State as it adds two seasoned advisors from Wells Fargo, Alejandro “Alex” De Leon and Robert “Bob” Gorman, to its network.

18.04 / 17:51

markets UPS CEO Tesla Trade Customers Tesla shares down 39% YTD, trades below $150 as steep discounts to lure customers hurts overall sales

it is cutting 10 per cent of its staff globally- around 14,000 jobs. Also Read: Elon Musk in India: From meeting PM Modi to Agra visit, check out Tesla CEO's likely plans for upcoming visit The next day, Tesla announced it would try to re-instate Musk's $56 billion pay package that was rejected by a Delaware judge in January, who said that the arrangement was dictated by Musk and was the product of negotiations with directors who were not independent of him, according to Associated Press. Tesla shares hit an all-time intraday high of $415.50 in November of 2021, adjusted for a 3-for-1 stock split that took effect in August 2022.

17.04 / 22:37

UPS Target CEO Landmark Tesla Courts Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge

Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to Texas

17.04 / 13:13

markets Twitter CEO Platform Tesla social Courts Tesla again seeks shareholder nod for Musk's 2018 pay voided by judge

Tesla on Wednesday asked its shareholders to once again approve CEO Elon Musk's record-breaking $56 billion pay that was set in 2018, but was rejected by a Delaware judge in January. The compensation includes no salary or cash bonus, but sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years. Tesla is now valued at $500.36 billion, according to LSEG data.

16.04 / 10:34

UPS Provident Digital President show reports It's Tax Day. And your refund may be big this year

On this Tax Day, refunds are looking a bit bigger for taxpayers

13.04 / 22:01

UPS Waters security Trade War Israel says Iran launched a number of drones toward it that will take hours to arrive

a suspected Israeli strike this month on an Iranian consular building in Syria that killed 12 people, including a senior Guard general. Iran has promised to retaliate, and U.S. President Joe Biden cut short a weekend trip to his beach house in Delaware to return to the White House and monitor the situation.

13.04 / 19:23

UPS security reports International Biden cuts weekend trip short for urgent Middle East consultations

Joe Biden cut short a weekend trip to Delaware on Saturday for urgent consultations in Washington on the Middle East, the White House said, as tensions soar amid growing fears of an attack on Israel. Iran has vowed retaliation after a presumed Israeli strike on April 1 leveled an Iranian diplomatic building in Damascus, killing seven members of the elite Revolutionary Guards including two generals.

11.04 / 12:17

Digital FTX Trade Voyager Courts Bankrupt Voyager, FTX Strike Deal to Resolve Claims Against Each Other

Bankrupt crypto firms FTX Trading and Voyager Digital Holdings have agreed to settle loan disputes, which would help reimburse creditors.

10.04 / 12:13

Blockchain Digital Platform Intuit exclusive innovations Digital investment platform Linqto to list on Nasdaq via SPAC

Linqto, a digital platform that enables accredited investors to invest in leading unicorns and private tech companies, is to list on the Nasdaq through a merger with a special interest acquisition company.

09.04 / 12:53

markets IPO Booking Platform security band testing stake BofA buys stake in Vijay Kedia-backed TAC Security post stellar IPO debut

BofA Securities has invested in TAC Security, a recent debutant on the NSE SME platform, through its fund – BofA Securities Europe SA. Anchor investor NAV Capital VCC has also added more shares of TAC Security to its portfolio. Marquee investors, including Astorne Capital VCC, Beacon Stone Capital VCC – Beacon Stone I, Zinnia Global Fund PCC – Cell Dew Cap Fund and LC Radiance Fund VCC subscribed to the anchor book ahead of the IPO.

08.04 / 23:25

UPS Provident Manufacturing security Microchip reports Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US

The Biden administration has pledged to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the...

04.04 / 12:49

Tesla awards War performer social information reports Elon Musk to raise salaries of Tesla engineers to ward off poaching by OpenAI, other AI startups. Detail here

Tesla is increasing compensation for its AI engineering team, contingent on performance milestones, Musk wrote on X, his social media network. In responding to a report by The Information on how his startup xAI has poached four engineers from Tesla, the chief executive officer blamed “the craziest talent war I’ve ever seen!" An exodus of personnel from Musk’s most valuable company to his newest may exacerbate concerns about conflicts and governance within the billionaire’s empire.

03.04 / 17:49

BLOCK Dover Bill Diversity Courts Traffic boating Second channel opened allowing some vessels to bypass wreckage at the Baltimore bridge collapse site

Crews have opened a second temporary channel allowing limited marine traffic to bypass the wreckage of Baltimore’s collapsed Francis Scott Key Bridge, which is blocking the vital port’s main shipping channel

03.04 / 08:17

Stablecoin Digital security VanEck Bill social exclusive Nick Van Eck’s Agora Stablecoin Raises $12 Million in Seed Funding Led by Dragonfly

Agora, co-founded by Jan Van Eck’s son Nick Van Eck, has successfully raised $12 million in a seed funding round led by Dragonfly to launch a new stablecoin.

03.04 / 02:27

UPS Platform Moss President social Courts Trump sues two Trump Media co-founders, seeking to void their stock in the company

Donald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly

01.04 / 16:35

FTX FTX bankruptcy FTX creditors FTX Liquidators Target Repayment to Creditors by End of 2024

The FTX bankruptcy estate has outlined its target to initiate repayments to customers by the end of 2024, as disclosed during a meeting of FTX Digital’s Joint Official Liquidators in the Bahamas.

01.04 / 04:31

UPS Football BAY Experts boating One problem with making bridges stronger? Ships getting bigger

ships began to chug up the Delaware River in recent years, transportation officials feared the prospect of one going astray that would lead to a repeat, or worse, of what happened in 1969, when a tanker struck the Delaware Memorial Bridge and caused significant damage. So, last year, work began on a $93 million project to build eight massive cylinders that would stand guard in front of the bridge's piers in order to protect a system that carries tens of thousands of vehicles a day. «The tankers and cargo ships of 1950 aren't the tankers and cargo ships of today,» said James Salmon, a spokesperson for the Delaware River and Bay Authority.

27.03 / 23:25

Altcoin FTX Asks For “Sam Coins” To Be Declared Worthless, New Court Docs Reveal

Cryptocurrency exchange FTX is looking to declare its creditors’ “Sam Coins” effectively worthless amidst the company’s lengthy bankruptcy proceedings, court documents from a Tuesday hearing in Delaware show.

27.03 / 18:27

UPS Election President information Courts Investigations Hunter Biden's tax case heads to a California courtroom as his defense seeks to have it tossed out

Attorneys for Hunter Biden are expected in court in Los Angeles, where he's accused in what prosecutors call a four-year scheme to avoid paying $1.4 million in taxes while living an extravagant lifestyle

23.03 / 20:23

UPS Provident security Research Bill country Department Biden signs $1.2 trillion funding package after Senate's early-morning passage ended shutdown threat

spending bills after Congress had passed the long overdue legislation just hours earlier, ending the threat of a partial government shutdown. «This agreement represents a compromise, which means neither side got everything it wanted,» Biden said in a statement. «But it rejects extreme cuts from House Republicans and expands access to child care, invests in cancer research, funds mental health and substance use care, advances American leadership abroad, and provides resources to secure the border.… That's good news for the American people.»

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