Delaware News
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Updated 5 minutes ago
Frank McCourt, the former owner of the Los Angeles Dodgers, and his ex-wife, Jamie McCourt, returned to court to fight over their divorce settlement following the $2.15 billion sale of the team.
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Updated 35 minutes ago
Residential Capital LLC noteholders asked a bankruptcy judge for permission to file lawsuits to help investors collect as much of the $1 billion they are owed as possible.
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Updated 1 hour, 25 minutes ago
A Mississippi man was charged with threatening to kill or injure President Barack Obama and a U.S. senator by mailing them letters containing ricin, a deadly poison with no known antidote.
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More than half of New Jerseyans questioned say that Rutgers University delayed firing men’s basketball coach Mike Rice because it might have affected the school’s inclusion in the Big Ten conference, a poll by Seton Hall University said.
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The U.S. House passed cybersecurity legislation backed by companies including Boeing Co. and AT&T Inc., defying a veto threat by President Barack Obama’s administration over what it called inadequate privacy protections.
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Updated 1 hour, 15 minutes ago
Fisker Automotive Inc. spent more than six times as much U.S. taxpayer and investor money to produce each luxury plug-in car it sold than the company received from customers, according to a research report.
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U.S. stocks fell for a second day amid disappointing earnings reports and data on leading economic indicators and Philadelphia-area manufacturing that trailed estimates. European shares erased earlier gains while gold rose and oil rebounded from a four-month low.
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The index of U.S. leading indicators unexpectedly declined in March, and manufacturing in the Philadelphia region slowed this month, adding to evidence the economy will cool.
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Softbank Corp., the Japanese telecommunications company vying with Dish Network Corp. to acquire Sprint Nextel Corp., sold $3.3 billion of bonds denominated in dollars and euros after increasing the offering size by more than 50 percent.
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SLM Corp., the student lender known as Sallie Mae, is boosting its asset-backed issuance as demand surges with interest rates holding close to zero into a fifth year, according to Chief Executive Officer Albert Lord.
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