Delaware's governor and the director of the Delaware Economic Development Office announced that JPMorgan Chase plans to expand its operations in Delaware and add up to 1,200 new jobs in the state. read more

APR 16, 2012 - 7:55 am

Bloomberg reported that the six largest U.S. banks may post an 11% drop in first-quarter profit, threatening a rally that has pushed bank stocks 19% higher this year. read more

APR 11, 2012 - 8:10 am

The Monitor and monitordaily office will be closed on April 6, 2012 in observance of Good Friday. We will return on Monday, April 9 to bring you our coverage of the equipment leasing and finance industry. read more

APR 5, 2012 - 8:35 am

In response to action by the U.S. House to pass a 90-day extension of the federal surface transportation program, the Association of Equipment Manufacturers said Congress had no choice but to pass the extension, but "enough is enough." read more

MAR 30, 2012 - 8:30 am

GE said it recently opened a century-old time capsule. Among the items uncovered were five light bulbs. GE lighting engineers screwed one of the bulbs into a socket and it started to emit a soft glow, a distant incandescent echo of Thomas Edison's ingenuity. read more

MAR 29, 2012 - 8:10 am

A bill intended to amend the Federal Credit Union Act to help small businesses finance their growth will come to a vote in the U.S. Congress that calls for raising the current limits on member business loans to 27.5% from 12.25% of total assets of a credit union. read more

MAR 28, 2012 - 8:20 am

The Washington Post noted in a story on John Delaney's bid for a Congressional seat that his opponent in the April 3 Democratic primary, state Senator Robert J. Garagiola, will focus on Delaney's business record as the reason he shouldn't be handed the party's nod in a fight for the seat held by Republican Roscoe Bartlett. read more

MAR 26, 2012 - 8:00 am

In a news release, NFL commissioner Roger Goodell notified the New Orleans Saints of the discipline that will be imposed on team management for violations of the NFL's long-standing bounty rule. Saints head coach Sean Payton was suspended without pay for the 2012 season. read more

MAR 21, 2012 - 3:55 pm

Bloomberg reported that the Fed corrected errors in loan-loss estimates for financial firms including Citigroup in a stress test of capital during a hypothetical economic slump. read more

MAR 19, 2012 - 8:20 am

GE Energy Financial Services said it has invested in Howard Energy Partners, owner/operator of natural gas pipelines in Eagle Ford Shale of South Texas. The investment will be used to partially fund Howard's acquisition of additional gas gathering assets. read more

MAR 16, 2012 - 8:10 am

Bloomberg reported that Goldman Sachs saw $2.15 billion of its market value wiped out after an employee assailed CEO Lloyd C. Blanfein's management and the firm's treatment of clients. read more

MAR 15, 2012 - 8:25 am

The Federal Reserve said 15 of the 19 bank holding companies that were the subject of a stress test were estimated to be able to maintain capital ratios above all four of the regulatory minimum levels under an extremely adverse hypothetical economic scenario. read more

MAR 14, 2012 - 8:30 am

Bloomberg reported that foreigners increased their holdings of U.S. government debt by $1.84 trillion to a record $5 trillion, taking their stake to 60.5% of the securities not held by the central bank. read more

MAR 5, 2012 - 7:55 am

In its latest quarterly report on U.S. Banks, the FDIC said full-year net income rose to a five-year high and noted that the improvement was made possible by an $81.1 billion reduction in loan loss provisions. read more

FEB 29, 2012 - 8:35 am

The Financial Times reported Wells Fargo plans to increase its wealth management and insurance divisions through acquisitions and buying assets from European banks. read more

FEB 27, 2012 - 8:00 am