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Over 60 employees to be laid off at Boeing facility in Delaware County

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Over 60 employees to be laid off at Boeing facility in Delaware County


Thursday, June 13, 2024 2:57AM

Over 60 employees to be laid off at Boeing facility in Delaware County

RIDLEY PARK, Pennsylvania (WPVI) — The Boeing Company’s plant in Delaware County will soon be handing out pink slips, Action News learned on Wednesday.

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Officials say 69 employees will be laid off at the facility in Ridley Park, Pennsylvania.

A notice was sent out to staff.

The layoffs will take place on August 16, according to state officials.

Copyright © 2024 WPVI-TV. All Rights Reserved.



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Delaware

Propane explosion may be to blame for fire in Springfield Twp., Delaware County

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Propane explosion may be to blame for fire in Springfield Twp., Delaware County


SPRINGFIELD TWP., Pennsylvania (WPVI) — Firefighters battled a two-alarm blaze in Springfield Township, Delaware County on Saturday afternoon.

The fire broke out around 2 p.m. at a home on the 100 block of Bellevue Avenue.

Preliminary reports say the fire may have started after a propane explosion.

However, the official cause of the fire remains under investigation.

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No injuries have been reported.

Copyright © 2024 WPVI-TV. All Rights Reserved.



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Delaware

Weather radio stations off the air for Cedar Rapids, Dubuque, and Delaware

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Weather radio stations off the air for Cedar Rapids, Dubuque, and Delaware


CEDAR RAPIDS, Iowa (KCRG) – The National Weather Service out of the Quad Cities says weather radio stations located in Cedar Rapids, Dubuque, and Delaware are currently off the air.

Stations WXL61 in Cedar Rapids, KJY64 in Delaware and WXL64 in Dubuque are off the air.

KZZ56 in Freeport, Illinois is also off the air.

The National Weather Service says it’s an issue with the phone company.

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The NWS did not say when they expect the issue to be resolved. Make sure to have multiple ways to receive severe weather information.

One way is to download the KCRG-TV9 First Alert weather app.



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Delaware

Changes to Delaware corporate law clears House after contentious debate

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Changes to Delaware corporate law clears House after contentious debate


Laster, who has called the legislation “major surgery,” said in his decision that companies must comply with Delaware law.

“Market participants must conform their conduct to legal requirements, not the other way around,” the ruling said.

Rep. Madinah Wilson-Anton (D-Newark) and Republican Rep. Michael Smith called experts to testify on both sides of the issue.

Wilson-Anton said she’s seen memos dating back years warning that the stockholder agreements were unenforceable.

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Her expert, Charles Elson, founding director emeritus of the Weinberg Center for Corporate Governance at the University of Delaware, said one of the concerns with these stockholder agreements is a lack of transparency.

“If you buy into a company, and there’s already a side agreement that effectively lays out how the company is going to be managed and function and you’re unaware of it,” he said. “And the problem of these things remaining no secret, if you will, is the danger of a minority buying in and discovering that the cards have already been stacked, so to speak.”

Former Chancellor William Chandler defended the Corporation Law Council on the writing of the bill. DSBA and the bill sponsors have disputed the view that the revisions are a sweeping overhaul of current law.

“I believe in placing my trust in that organization because they have never, ever failed,” he said. “I trust the Corporate Law Council in doing the right thing.”

Chandler said, “The corporate market isn’t ‘feeling good’ about Delaware,” and questioned McCormick and Laster’s objectivity on cases related to the bill’s amendments to state law.

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“As Chancellor, I will tell you I was taught judges need to stay in their own lane,” he said. “Judges need to be judging cases in the courtroom, applying the law that you give them. Judges don’t need to intrude upon the process of making law.”



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