Wilmington Newswire

Wilmington Newswire

Comprehensive Real-Time News Feed for Wilmington, DE.

Results 1 - 20 of 33 for "u:bloomberg.com" in Wilmington, DE

  1. Theranos Investors Say They Were Pressured to Abandon Lawsuit 33 minutes agoRead the original story w/Photo

    Wednesday Apr 19 | Bloomberg

    Theranos Inc. investors accused the company of threatening to file for bankruptcy protection if they don't agree to give up their rights to sue the firm over its flawed blood-testing business. Officials of Partner Investments LP and two other funds, which invested more than $96 million in Theranos preferred shares, said a lawyer representing the privately held medical-testing company suggested it would seek Chapter 11 protection if the investors won't abandon their lawsuit and accept more equity instead.

    Comment?

  2. JPMorgan to Sell $6.9 Billion of Student Loans to NavientRead the original story

    Tuesday Apr 18 | The Washington Post

    JPMorgan Chase & Co. agreed to sell a $6.9 billion portfolio of student loans to Navient Corp., five days after the bank told shareholders it was looking to unload the holdings.

    Comment?

  3. NextEra's $18 Billion Rebuff Raises Prospects of a Public Oncor an hour agoRead the original story w/Photo

    Thursday Apr 13 | Bloomberg

    Hunt Consolidated Inc. withdrew its own bid last year. Without a viable merger in sight, the future of Oncor -- and the long-awaited end to the bankruptcy of its parent Morningstar Inc. "An IPO may be their best option at this point.

    Comment?

  4. Fake News Campaign Targeted French Election Frontrunner Macron an hour agoRead the original story w/Photo

    Mar 9, 2017 | Bloomberg

    French presidential candidate Emmanuel Macron was hit recently by a fake-news hoax in which a bogus website resembling the site of Belgian newspaper Le Soir reported that Saudi Arabia was financing his campaign. The report drew attention after Marion Marechal-Le Pen, a lawmaker with France's right-wing National Front, posted it on her Twitter feed on March 2. It was retweeted by others including her aunt, Marine Le Pen, the party's presidential candidate, and Francois Fillon, the conservative Republican candidate.

    Comment?

  5. BlackBerry Files Patent-Infringement Suit Against NokiaRead the original story w/Photo

    Feb 14, 2017 | Bloomberg

    Nokia's products including its Flexi Multiradio base stations, radio network controllers and Liquid Radio software are using technology covered by as many as 11 patents, BlackBerry said in a complaint filed Tuesday in federal court in Wilmington, Delaware. T-Mobile US Inc. and AT&T Inc. for their LTE networks, BlackBerry said in the complaint.

    Comment?

  6. Teva Plunges After U.S. Judge Invalidates Four Copaxone PatentsRead the original story

    Jan 31, 2017 | The Washington Post

    Teva Pharmaceutical Industries Ltd. plunged to the lowest in more than a decade following a U.S. court ruling that invalidated four patents on its best-selling multiple sclerosis drug Copaxone. The ruling, issued late on Monday, may open the door to generic competition for a drug that generates a fifth of Teva's $20 billion in annual sales.

    Comment?

  7. DuPont Pushes Back Expected Closing of Dow Merger to First HalfRead the original story w/Photo

    Jan 24, 2017 | Bloomberg

    DuPont Co. said its merger with Dow Chemical Co. is likely to close in the first half of the year as regulators around the world scrutinize a deal that would combine the two biggest U.S. chemical makers.

    Comment?

  8. Navient Faces Enforcement Action From U.S. RegulatorRead the original story w/Photo

    Jan 18, 2017 | Bloomberg

    The company, formerly part of Sallie Mae, failed to properly service private and federal loans, provided incorrect information to borrowers, improperly processed payments and didn't respond to complaints, the Consumer Financial Protection Bureau said in a statement Wednesday announcing the lawsuit. "For years, Navient failed consumers who counted on the company to help give them a fair chance to pay back their student loans," CFPB Director Richard Cordray said in the statement.

    Comment?

  9. Amgen Wins Ban on Sanofi's Praluent Cholesterol Drug Sales 3 hours agoRead the original story w/Photo

    Jan 5, 2017 | Bloomberg

    U.S. District Judge Sue Robinson in Delaware ordered Sanofi and Regeneron to halt Praluent sales for 12 years because the drug infringes patents on Amgen's Repatha medication. The order is a setback for the losing drugmakers since analysts expected Praluent to generate $2 billion in sales by 2020.

    Comment?

  10. Merck Wins Record $2.5 Billion Patent Verdict Against GileadRead the original story

    Dec 16, 2016 | The Washington Post

    Gilead Sciences Inc. was told by a federal jury to pay $2.54 billion to Merck & Co. for using a patented invention as the basis for its blockbuster drugs for the potentially deadly liver disease hepatitis C -- the biggest patent-infringement verdict in U.S. history.

    Comment?

  11. Yellen Outlook Blurred by Trump Fiscal Plans: Decision-Day GuideRead the original story w/Photo

    Dec 12, 2016 | Bloomberg

    Federal Reserve leaders convene in Washington this week to discuss interest rates for the first time since the U.S. presidential election sent long-term bond yields and equity markets soaring on bets the new administration will stimulate growth. While a quarter-point rate hike on Wednesday to a range of 0.5 percent to 0.75 percent is practically a foregone conclusion, investors will be keen to see how policy makers change their 2017 forecasts and what Fed Chair Janet Yellen has to tell journalists.

    Comment?

  12. American Apparel's New Meltdown Imperils Goldman Sachs StakeRead the original story w/Photo

    Nov 15, 2016 | Bloomberg

    Goldman Sachs Group Inc. and three other investors stand to lose as much as $123 million after taking a chance on American Apparel Inc., only to see the troubled clothing maker file for bankruptcy for the second time in 13 months. Goldman Sachs Asset Management LP, Monarch Alternative Capital LP, Coliseum Capital Management LLC and Pentwater Capital Management LP own 94 percent of the iconic brand and hold $189.2 million of its senior debt.

    Comment?

  13. Duke Energy Agrees to $27 Million Accord on CEO-Ouster ClaimRead the original story

    Nov 14, 2016 | The Washington Post

    Duke Energy Corp. agreed to a $27 million settlement of claims that directors wrongfully concealed their plan to fire Chief Executive Officer William Johnson just minutes after the company closed on its $13.7 billion merger with Progress Energy Inc. Duke Energy agreed to settle multiple suits over Johnson's removal after a judge concluded Sept. 1 that its board members must face accusations they acted in bad faith by hiding plans to oust ex-Progress CEO Johnson from shareholders and regulators so they could install Duke Energy CEO James Rogers as the merged company's top executive.

    Comment?

  14. Duke Energy Agrees to $27 Million Accord on CEO-Ouster Claim an hour agoRead the original story w/Photo

    Nov 11, 2016 | Bloomberg

    Duke Energy Corp. agreed to a $27 million settlement of claims that directors wrongfully concealed their plan to fire Chief Executive Officer William Johnson just minutes after the company closed on its $13.7 billion merger with Progress Energy Inc. Duke Energy agreed to settle multiple suits over Johnson's removal after a judge concluded Sept. 1 that its board members must face accusations they acted in bad faith by hiding plans to oust ex-Progress CEO Johnson from shareholders and regulators so they could install Duke Energy CEO James Rogers as the merged company's top executive.

    Comment?

  15. What Happens When the Most Important Pipeline in the U.S. Explodes?Read the original story w/Photo

    Nov 3, 2016 | Bloomberg

    On Monday, a construction crew in Alabama triggered a  massive explosion  when a track-hoe struck the biggest fuel pipeline in the U.S. The blast killed one person, injured several, and sparked a wildfire that burned for nearly a day across 31 acres. It also stopped the flow of millions of gallons of gasoline that move up the East Coast each day, from refineries in Houston to tanks in Linden, N.J., outside New York Harbor.

    Comment?

  16. Wall Street Coders Wanted, Elite College Degrees Not NecessaryRead the original story

    Oct 28, 2016 | The Washington Post

    For almost five years, Gregory Furlong worked 50-hour weeks as a shipping clerk at a Best Buy two miles from his childhood home in Wilmington, Delaware. It was a kind of employment purgatory for a computer obsessive who tinkers with motherboards in his free time.

    Comment?

  17. Wall Street's Frantic Push to Hire CodersRead the original story w/Photo

    Oct 28, 2016 | The Washington Post

    For almost five years, Gregory Furlong worked 50-hour weeks as a shipping clerk at a Best Buy two miles from his childhood home in Wilmington, Delaware. It was a kind of employment purgatory for a computer obsessive who tinkers with motherboards in his free time.

    Comment?

  18. DuPont Said to Seek Buyer for Herbicides to Ease Merger With DowRead the original story

    Oct 16, 2016 | The Washington Post

    DuPont Co is planning to sell a business making herbicides to help reduce potential antitrust sticking points to a $59 billion merger with U.S. competitor Dow Chemical Co., according to people with knowledge of the situation. Evercore Partners Inc. has been hired as an adviser for the sale, which is expected to generate several hundred million dollars, said the people, who asked not to be identified because details are private.

    Comment?

  19. DuPont Said to Seek Buyer for Herbicides to Ease Merger With DowRead the original story

    Oct 15, 2016 | The Washington Post

    DuPont Co is planning to sell a business making herbicides to help reduce potential antitrust sticking points to a $59 billion merger with U.S. competitor Dow Chemical Co., according to people with knowledge of the situation. Evercore Partners Inc. has been hired as an adviser for the sale, which is expected to generate several hundred million dollars, said the people, who asked not to be identified because details are private.

    Comment?

  20. Dow, DuPont Asset Shedding Said to Kick Off With Copolymer SaleRead the original story

    Oct 14, 2016 | The Washington Post

    Dow Chemical Co. is seeking a buyer for a unit that makes copolymers used in food packaging in what will be the first disposal of many needed to gain antitrust approval for its $59 billion merger with U.S. chemicals maker DuPont Co., according to people with knowledge of the situation.

    Comment?

Wilmington Job Listings
View or post Wilmington job listings on Topix.
Wilmington Real Estate
News, listings, and foreclosures in Wilmington from Topix.
Wilmington Mortgages
Find mortgage rates in Wilmington on Topix.