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Wednesday, July 26, 2017

Antitrust officials put teeth in order for business sales by Dow, DuPont

  While the government has signed off on the $130 billion merger between Dow and DuPont, antitrust officials are requiring the sales of some businesses. Last week, the U.S. Department of Justice announced that it will...

Dow, DuPont get U.S. antitrust OK for merger

DuPont and  Dow Chemical Company announced that they have reached a proposed agreement with the Antitrust Division of the United States Department of Justice that will permit the companies to proceed with their merger. The...

TransPerfect employee group rejects demand to disclose source of funding

A custodian working on the sale of TransPerfect is seeking information on the money behind, the group, Citizens for a Pro-Business Delaware. Law360 reported the demand came as Citizens for a Pro-Business  Delaware  sought information...

Brazil gives conditional OK to Dow-DuPont merger

DuPont and The Dow Chemical Company announced that Brazil’s Administrative Council for Economic Defense (CADE) has granted conditional regulatory approval of their proposed merger. Brazil's OK is crucial as it is a major market for...

Chemours reports higher income, sales in first quarter

Chemours Company, Wilmington, reported higher earnings and sales in the first quarter. Chemours  CEO Mark Vergnano said, "We began 2017 with great business performance across all three segments, bolstered by growth of Opteon  refrigerants and improved pricing and...

Video released of Corporate Circle burglary suspect

New Castle County Police are requesting the public’s assistance with identifying the suspect in a burglary that occurred in New Castle Corporate Commons. Police were told that someone entered the business on the...

China give conditional OK to the Dow-DuPont merger

DuPont   and  The Dow Chemical Company  announced that China’s Ministry of Commerce  has granted conditional regulatory approval of their proposed merger of equals. The  approval is conditional on DuPont and Dow fulfilling commitments given...

FDA calls for more tests for Lily-Incyte arthritis drug

 Eli Lilly and Company and Incyte Corp., Wilmington,   announced that the U.S. Food and Drug Administration  denied approval of an arthritis drug, citing the need for additional trials.(FDA) has issued a complete response letter for...

Report: Barclaycard moving 200 jobs out of state

Barclaycard is moving 200 jobs out of state and will close its Ogletown site Delaware Online reported. The  U.S. credit card  unit of the British-based bank operates the site at the Iron Hill Corporate Center,  the...

Chamber announces Superstars in Education winners

 The Delaware State Chamber of Commerce and its affiliate, The Partnership, Inc., announced the 2017 Superstars in Education award winners.  Winners will  be recognized at a reception and awards ceremony on Monday, May 8. The...