Delaware News
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Updated 1 hour, 12 minutes ago
New Jersey Governor Chris Christie said he expects to win passage of a limited school-voucher program this year, even as the state’s largest teachers union tries to block it.
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LadaTech LLC, a biotech company partly owned by GlaxoSmithKline Plc, won a jury verdict that rival Illumina Inc. infringed a patent for gene-manipulation techniques used in diagnosing disease.
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Updated 50 minutes ago
Fairfax Financial Holdings Ltd., with seven of eight hedge funds it accused of spreading false rumors out of a lawsuit, may see the $24 billion case shrink again. A judge is poised to rule whether racketeering counts allowing triple damages should be tossed, Bloomberg News’s Thom Weidlich reports.
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Goldman Sachs Group Inc. was rebuked by Delaware Chancery Court Judge Leo Strine for “incomplete and inadequate” handling of a conflict of interest, less than 14 months after the bank finished examining its business practices.
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Former DuPont Co. employee Tze Chao pleaded guilty to conspiring to steal trade secrets about titanium dioxide technology from the company and provide them to China’s state-owned Pangang Group Co.
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LadaTech LLC, a biotech company partly owned by GlaxoSmithKline Plc, won a jury verdict that rival Illumina Inc. infringed a patent for gene-manipulation techniques used in diagnosing disease.
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Kinder Morgan Inc. may proceed to a shareholder vote on a $21.1 billion takeover of El Paso Corp. after a judge rejected claims that Goldman Sachs Group Inc.’s conflict of interest warranted blocking the deal.
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Martin Marietta Materials Inc.’s chief financial officer said a proposed merger with Vulcan Materials Co. may yield cost savings of as much as $330 million in three years, $80 million more than estimated in December.
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A123 Systems Inc. rose after the maker of batteries for electric cars and trucks said it will supply packs for Tata Motors Ltd.’s commercial vehicles.
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A U.S. investigation of possible insider-trading by Goldman Sachs Group Inc. employees expanded to include a managing director whose name emerged at the trial of convicted hedge fund manager Raj Rajaratnam, a person with knowledge of the probe said.
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