Keyword: delaware
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U.S. drugmaker Merck (MRK.N), said on Tuesday it is investing $1 billion in a new Delaware plant to expand domestic production as it prepares to deal with President Donald Trump's tariffs. The new facility will produce biologic drugs and Keytruda, becoming Merck's first in-house U.S. site to make the blockbuster cancer treatment, the company said. Merck said last week its biggest tariff exposure is through Keytruda and it has enough U.S. inventory for this year. It estimated $200 million in additional costs for the levies implemented to date. The company expects labs at the new facility to be fully operational...
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Delaware’s new Governor has dismissed Texas and Nevada's attempts to steal companies incorporated in The First State. Matt Meyer, just two months into office, has already made significant changes to the state's corporate laws, including limiting shareholders’ ability to sue company founders. The rapid changes are an attempt to stem the tide of companies leaving Delaware to incorporate in other states — dubbed 'Dexit' — but critics argue it merely makes the state friendlier to billionaires. Tesla threatened to leave the state when Tesla was sued over the hefty pay package for Elon Musk. More than 60 percent of the...
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Democrat Delaware Sen. Chris Coons told CNN Monday that the “average middle American” is too dumb to identify Greenland on a world map. Coons criticized President Donald Trump’s plan to purchase Greenland from Denmark and make it U.S. territory for resource and national security purposes, arguing that the plan will not resonate with the average American because they do not even know where the island is. Trump said no options for acquiring Greenland are off the table, emphasizing that a takeover of the island is a necessity to protect the U.S. against the threat of Russia and China’s increasing influence...
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Taxpayer-funded abortion is increasing at the state level as pro-abortion lawmakers work to expand abortion since the reversal of Roe v. Wade. Federally, the Hyde Amendment prohibits most taxpayer funding of abortion, allowing funding only in cases of rape, incest, or when the physician determines the pregnant mother’s life is at risk. But while the Hyde Amendment prevents most abortions from being paid for by federal tax dollars, each state can determine its own taxpayer funding for abortion. According to the pro-abortion organization KFF.org (The Kaiser Family Foundation), “There is tremendous variability in how much states reimburse for abortion services...
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The nation's largest shopping mall owner said it's leaving Delaware as its state of incorporation, citing concerns of increasingly woke behavior by courts. Simon Property Group, an S&P 500 company valued at $60 billion, last week said it could no longer rely on Delaware courts, which now allow for "meritless litigation" and "judicial interpretation without a clear statutory bias," Law.com reported. The move mirrors Elon Musk's decision last year to move multiple companies, including Tesla and SpaceX, out of Delaware. Delaware was once the gold standard for its corporate legal system. But major corporations have joined Musk in his warnings...
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Senator Chris Coons✓@ChrisCoons: $300 million worth of medications are sitting on pallets about to expire thanks to Trump's effort to gut foreign aid. These drugs would've prevented people from going blind from a preventable tropical disease—Donald Trump would rather waste them in an East African warehouse.
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PROVIDENCE, R.I. (WPRI) – A Rhode Island federal judge on Monday found the Trump administration in violation of a court order, telling the new president to “immediately restore frozen funding.” U.S. District Chief Judge John McConnell granted a “motion for enforcement” of a temporary restraining order, or TRO, he signed last month, blocking President Donald Trump’s freeze of Congress-approved funds across the country. “The states have presented evidence in this motion that the defendants in some cases have continued to improperly freeze federal funds and refused to resume disbursement of appropriated federal funds,” McConnell wrote in his decision Monday. “These...
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Sen. Chris Coons says “it’s smart” to spend $20M to produce Sesame Street in Iraq. "It's a show that helps teach values, helps teach public health, helps prevent kids from dying from dysentery and disease..”
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If this is indeed representative of half the country, then we are dealing with half the country having a severe mental illness.Sheldon Whitehouse tells RFK Jr during his confirmation hearing today that support for forced, mandatory vaccinations is required as the baseline for supporting his nomination to HHS Secretary. The moment comes at 00:50 of Whitehouse reading his script. The intensity and vitriol behind the statement is a testimony to the scale of money from Big Pharma to these senators. WATCH: Salty response below...
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On CNN This Morning, Jonathan Kott, a DC lobbyist and former aide to senators Chris Coons (D-Del.) and Joe Manchin (D-W.Va.), predicted that Trump supporters will give him six to eight months, but then "turn quickly" on him when the improvements in their lives he promised don't materialize. That's soothing speculation for CNN's base, but Kott's powers of prognostication have a questionable track record. Less than two months before the 2024 election, here's what Kott, in a Fox News appearance, predicted: "I think voters are still getting to know Kamala Harris. And she's introducing herself. And the more she does,...
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The reconstruction of USAID from an independent terrorist and international leftist funding entity to a subsidiary of the State Department has Democrats involved in the foreign policy apparatus freaking out and desperately trying to get Americans to care.Here’s Sen. Chris Coons, former ‘bearded Marxist’, taking his best shot at it in the paper of big government.Trump’s attack on USAID is an assault on Americans’ safety – Washington PostCoons claims that “USAID’s programs, like all our foreign assistance, play a central role in combating extremism, promoting stability and protecting our homeland.”The reality is USAID had us sending $600 million to Pakistan,...
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Remember last year when an activist Delaware judge invalidated Elon Musk's compensation package at Tesla--twice--despite it having been overwhelmingly approved by stockholders--twice? The compensation package was unconventional--he wouldn't get paid unless he delivered extraordinary results. He multiplied the value of the company by 10x. Which is shareholders approved the package--he made them extremely wealthy, and they rewarded him by making him even wealthier. He put it all on the line, performed, and the judge took it all away and gave a bunch of it to lawyers. The judge was, by the way, closely tied to the Biden crime family. Delaware,...
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Delaware is facing a further exodus of tech companies amid reports that Meta and Dropbox are moving out of the state. Newsweek has contacted Meta and Dropbox for comment via email. Why It Matters Delaware has long been considered a business-friendly state due to its corporate tax advantages, and is home to multiple large companies. However, backlash against the First State has intensified after Delaware Judge Kathaleen McCormick ruled that Tesla CEO Elon Musk's record-breaking $56 billion compensation package was excessive. Musk, who has become increasingly influential in both the political and corporate world, urged companies to pull out of...
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A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys, who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings...
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Attorneys general from 18 states sued President Trump on Tuesday to block an executive order that refuses to recognize the U.S.-born children of unauthorized immigrants as citizens, the opening salvo in what promises to be a long legal battle over the Trump administration’s immigration policies.D.C.The complaint, filed in Federal District Court in Massachusetts was joined by the cities of San Francisco and Washington, D.C.The states view Mr. Trump’s attempt to limit birthright citizenship as “extraordinary and extreme,” said New Jersey Attorney General Matthew J. Platkin, who led the legal effort along with the attorneys general from California and Massachusetts. “Presidents...
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A thin-skinned Liz Cheney could not help herself in firing back at President Trump on Friday over his savage remarks regarding the medal she received from Joe Biden and ended up making a huge error in the process. As The Gateway Pundit previously reported, Biden awarded the second-highest civilian medal to 20 individuals on Thursday. These included the leaders of the January 6th select committee, Cheney and Rep. Bennie Thompson (D-MS), along with two of his longtime friends/cronies, former Senators Ted Kaufman (D-DE) and Chris Dodd (D-CT). The award, known as the Presidential Citizens Medal, is generally given to Americans...
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WASHINGTON — DC US Attorney Matthew Graves announced Monday that he will resign before President-elect Donald Trump retakes the White House — likely avoiding an involuntary departure after controversial decisions not to criminally charge first son Hunter Biden and most local crimes. “Serving as the U.S. Attorney for the District of Columbia has been the honor of a lifetime,” Graves said in a statement announcing his resignation, effective Jan. 16. “I am deeply thankful to [DC Delegate Eleanor] Holmes Norton for recommending me; to President Biden for nominating me; and to Attorney General [Merrick] Garland for placing his trust in...
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A Delaware judge moved Monday to confirm its confiscation of Elon Musk's wealth that he created at Tesla — denying him a compensation package that would be worth over $100 billion in value today. Musk has paid a heavy price for countering woke politics, making X a neutral platform, and backing Donald Trump for president. Delaware Chancellor Judge Kathaleen McCormick on Monday ruled to confirm her January ruling that found Musk was not eligible for a 2018 compensation package then valued at $56 billion. McCormick complained the Tesla package for Musk was the "biggest compensation plan ever — an unfathomable...
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One of the most disturbing scandals of the Hunter Biden saga is the imprisonment without trial of former FBI informant Alexander Smirnov. The Ukrainian-born Israeli-American, who once told his FBI handler about Ukrainian claims of a $10 million bribe to the Bidens, has been languishing in a Los Angeles prison for nine months on charges that he lied to the FBI. Last week, federal prosecutors slapped new tax-evasion charges on Smirnov, 43, which suggests they know their original indictment is too weak for a jury to convict him when he faces trial beginning Jan. 8. Smirnov was one of the...
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