Seaford’s Trinity Logistics goes Employee Stock Ownership route
Trinity Logistics, Seaford, has announced the formation of an Employee Stock Ownership Plan (ESOP). An ESOP now owns 33 percent of the company.
Trinity...
Dow makes executive moves as DuPont merger looms
Dow Chemical Company announced several changes in key executive leadership roles as the merger with DuPont approaches.
Dow and DuPont will remain separate for about...
Indian River power plant owner to sell generating assets
NRG plans to sell of a large chunk of its power plant holdings in a bid to improve earnings
The transformation plan was warmly greeted...
AstraZeneca to remain at Fairfax site
AstraZeneca has opted to stay at its current Fairfax location near Wilmington.
The company evaluated other sites and choose to stay with the north Wilmington...
Dow and DuPont reviewing businesses as merger approaches
Dow Chemical Company and DuPont disclosed that an international consulting firm has been hired to assist in a further review of the companies.
An activist...
Chemours commences construction on $150 million sodium cyanide plant in Mexico
Chemours Co. held a "placing of the first stone" event on Saturday to mark the start of construction of a new Chemours Mining Solutions...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
Updated: DuPont stock price near two-decade high on positive merger reports
Reports from Bloomberg and other news sites reported during the past week that the merger between Dow and DuPont is close to winning approval...
DuPont to shift Kevlar production from South Carolina to Virginia
DuPont is shifting production of Kevlar from a new half a billion dollar plant.
Spokesman Dan Turner stated that “DuPont is transferring Kevlar manufacturing at the...
Starbucks’ outgoing CEO says company will hire 10,000 refugees from 75 nations over...
(Reuters)
Starbucks Corp Chief Executive Officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries,...
(Full report and slide presentation) DuPont ends year with higher earnings
DuPont ended the year with higher earnings and CEO Ed Breen saying a merger with Dow has been pushed back.
In the fourth quarter, GAPP...
