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The Latest Breaking News from Delaware

Microsoft deal brings OpenAI closer to becoming a for-profit firm

OpenAI is hoping to restructure itself into a for-profit company, although the move still requires approval from regulators in California and Delaware.

Euronews

The Risks of Forced DST-to-UPREIT Conversions, From a Real Estate Expert

Some new Delaware statutory trust offerings are forcing investors into 721 UPREIT conversions at the end of the hold period, raising concerns about loss of control, limited liquidity, opaque valuations and unexpected tax liabilities.

Kiplinger

California and Delaware AGs warn OpenAI over ChatGPT safety

The attorneys general of California and Delaware have expressed serious concerns about the safety of OpenAI's chatbot, ChatGPT, especially for children and teens

The Independent UK

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Joe Biden 'Head Scar' Is Not An Injury - More Serious Reason Revealed: Is He Dying?

Ex-President Joe Biden's visible forehead scar raises alarms about recent skin cancer surgery, fueling health concerns

International Business Times UK

Why there are more jellyfish on US beaches this year – and what to do if you’re stung

Jellyfish sightings are on the rise in several East Coast states, including Delaware and Maryland

The Independent UK

Delaware S. Ct. Rejects Defamation Claim Brought by Repair Shop Owner Who Provided Hunter Biden Laptop to Media

It also rejects Hunter Biden's invasion-of-privacy counterclaim, on statute of limitations grounds.

Reason

Hurricane Erin gusts shut down East Coast beaches and swimmers from Carolinas to NYC to Cape Cod

Hurricane Erin has shut down some East Coast beaches in New York, New Jersey and Delaware.

The Independent UK

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Coastal Flood Advisory Today: Rehoboth Beach Flooding Threats and Wilmington Weather Updates

NWS issues Coastal Flood Advisory for Rehoboth Beach and Wilmington, warning of minor flooding, high surf and dangerous rip currents.

International Business Times UK

Newsmax reacts to its $67 million Dominion settlement by urging businesses to leave Delaware

The right-wing network also urged viewers to visit its ‘Invest in Newsmax’ website to ‘take a look’ at ‘additional information’ about the company

The Independent UK

Michael Castle, former Delaware governor and congressman, dies at age 86 - Roll Call

Republican Michael N. Castle, a fixture in Delaware politics for a half-century who served as governor and in Congress, died Thursday at age 86.

Roll Call

Elon Musk's $56 Billion Tesla Pay Showdown Heads To Delaware Supreme Court In October

The Delaware Supreme Court has scheduled oral arguments over Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's $56 billion compensation package, which a trial court struck down in 2024.

Benzinga

DST Exit Strategies: An Expert Guide to What Happens When the Trust Sells

Understanding the endgame: How Delaware statutory trust dispositions work, what investors can expect and why the exit is probably more important than the entrance.

Kiplinger

The tax haven firms given cash by the Scottish Government revealed

A company controlled by billionaire media baron Rupert Murdoch, a US military aircraft producer, and a Clyde port owner with an alleged history of…

The National (Scotland)

Many Delaware beachgoers feel the sting of a blooming jellyfish population

More beachgoers have been getting an unexpected shock this summer as jellyfish numbers bloom along the Delaware coast

The Independent UK

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Evening Standard

Fears for Claire’s stores after US owner files for bankruptcy

US-based fashion accessories and jewellery business Claire’s has filed for Chapter 11 bankruptcy in a court in Delaware.

Fortune

Elon Musk retains title as the highest-paid CEO in history with $26 billion pay package—and the only thing he has to do is show up for two years

The lack of performance targets in Musk’s massive new pay package has some investors crying foul.

International Business Times UK

Here's How One Woman Used ChatGPT Advice to Cut Her $23K Credit Card Debt by 50% — And How You Can Too

Jenn Allan, a realtor from Delaware, leveraged ChatGPT to conquer $23,000 in credit card debt after a challenging period.

Benzinga

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

On Wednesday, a trial began in Delaware, where Meta Platforms, Inc. (NASDAQ:META) shareholders are seeking $8 billion in damages from top executives, including Mark Zuckerberg, Peter Thiel and Sheryl Sandberg, over alleged failures to protect user data following the Cambridge Analytica scandal.

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The Mary Sue

‘I’ve never heard that rule at Walmart’: Delaware woman puts BIC lighter back while standing in Walmart checkout line. Then a worker tells her off

A Walmart shopper says employees embarrassed her not once, but twice, after a routine shopping trip left her questioning whether to ever return to the mega-retailer. Was she in the wrong, or did the workers go too far?

The Independent UK

Truck smashes through barrier and plunges off a bridge into the Delaware River

A tractor-trailer cab plunged off the Delaware Memorial Bridge into the Delaware River near Wilmington

Benzinga

Pfizer, Sanofi Find Relief As Delaware Top Court Rejects Zantac Expert Testimony

The Delaware Supreme Court has overturned a lower court’s decision that allowed expert testimony supporting plaintiffs’ claims in a high-profile case alleging that Zantac, or its generic ranitidine, can cause cancer.

The Independent UK

Mattress chain store operating in five states files for bankruptcy

American Mattress filed for Chapter 11 bankruptcy in Delaware, affecting only its 52 stores in Illinois and Indiana.

Newslaundry

Byju Raveendran held guilty of contempt by US court, civil sanctions imposed

Byju Raveendran, the co-founder of ed-tech giant BYJU’s, was held guilty of contempt by the Delaware Bankruptcy Court in the US on Monday, July 7. The court also imposed civil sanctions worth USD 10,000 per day on him beginning July 1. Byju had maintained that the Delaware court does not…

The Independent UK

Texas, Oklahoma and Nevada make changes to lure business amid Delaware’s ‘Dexit’ concern

Changes approved recently by lawmakers in Texas, Oklahoma and Nevada could help their states lure some of the big-money legal business that Delaware and its specialized court have dominated as the world’s incorporation capital

The Independent UK

Amber alert issued for 3-year-old girl who was kidnapped at gunpoint

Nola Dinkins, 3, was allegedly abducted at gunpoint in Newark, Delaware, on Tuesday and is now the subject of an Amber alert.

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