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Refineries from New Mexico to New Jersey are under severe economic pressure because of falling demand for fuel, with a number of facilities shutting down in recent months.
The Catholic Diocese of Wilmington is obligated to pay retirement benefits to six priests who are confirmed pedophiles, church officials argued in a bankruptcy court filing seeking permission to keep making the payments.
Valero Energy says it is permanently closing its Delaware oil refinery, where 550 workers will lose their jobs.
A state panel has approved more than $361 million in spending reductions and reversions recommended by Gov. Martin O'Malley's administration to help meet Maryland's budget shortfall.
Federal officials began the process of choosing creditor representatives in the Catholic Diocese of Wilmington's Chapter 11 bankruptcy by meeting with diocesan officials behind closed doors Wednesday.
A subsidiary of the Chickasaw Nation of Oklahoma received court approval Wednesday to buy Magna Entertainment Corp.'s Lone Star Park horse track in Texas, albeit for $20 million more than the tribe first thought it would spend.
Luxury automaker Fisker Automotive is buying a shuttered General Motors assembly plant in Delaware to produce plug-in hybrid electric cars, officials said Tuesday.
Fisker Automotive, a California-based startup manufacturer of luxury electric vehicles, plans to build plug-in electric cars at a former General Motors assembly plant in Delaware, people with knowledge of the situation said Friday.
The judge presiding over Washington Mutual Inc.'s bankruptcy protection case declined to issue an immediate ruling Thursday on the company's request that JPMorgan Chase & Co. be ordered to turn over some $4 billion in disputed assets.
A bankruptcy judge has granted first-day motions in the Catholic Diocese of Wilmington's bankruptcy.
The millions in cost cuts made by DuPont drove profits higher in the third quarter. Now all the chemical maker needs is for sales to rebound.
DuPont says cost-cutting helped offset lower volumes and contributed to a surprisingly strong increase in third-quarter earnings.
A Delaware bankruptcy judge on Wednesday rejected a request by auto parts supplier Visteon Corp. to approve bonuses of up to $8.1 million for its 12 top officers.
Republican U.S. Rep. Michael Castle announced Tuesday he will run for the U.S. Senate seat Democrat Joe Biden left to become vice president.
A Delaware bankruptcy judge has declined to rule immediately in a dispute over document production in the Chapter 11 case of Freedom Communications Holdings Inc.
Auto parts supplier Visteon Inc. has backed off a proposal to pay up to $80 million in bonuses to top executives and other employees, but a revised bonus plan it has filed in bankruptcy court is still generating opposition.
Having been welcomed home by his father, Vice President Joe Biden, Delaware's attorney general traded hugs and handshakes Wednesday with other members of his Army National Guard unit after a yearlong deployment in Iraq.
Auto parts supplier Visteon Corp. is asking a judge for more time as it works to emerge from bankruptcy protection.
A Delaware bankruptcy judge on Tuesday denied a motion from the parent company of Magna Entertainment Corp., the largest horse track owner in the United States, to dismiss a lawsuit filed by Magna creditors.
Regional department store chain Boscov's won court approval Thursday to bring its Chapter 11 bankruptcy case to a successful conclusion.
Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses.
A bankruptcy judge has refused to dismiss a lawsuit filed by creditors of horse-track owner Magna Entertainment Corp.
Sports betting in Delaware officially got under way Thursday after surviving a contentious legal battle with professional sports leagues and the NCAA.
Pipe corrosion that went undetected for years led to an explosion and fire that rocked a Sunoco oil refinery in Claymont in May, authorities said Tuesday.
A Delaware optometrist who fled to Central America in a motor home with his three young daughters has pleaded guilty to federal kidnapping and bank fraud charges.
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