Wilmington Trust said Wednesday that Thomas L. du Pont has been named to the bank's board of directors. Du Pont, 58, is chairman and publisher of duPont Publishing Inc., a St. Petersburg, Fla.-based company that publishes six "luxury lifestyle" magazines. Before moving to Florida, du Pont was a state representative in Delaware. His appointment expands Wilmington Trust's board to 14 members. Members of the du Pont family started Wilmington Trust in 1903. "We are delighted that his presence perpetuates the legacy of Wilmington Trust leadership," Ted T. Cecala, Wilmington Trust chairman and chief executive officer, said in a statement.

Convenience store operator 7-Eleven Inc. is dropping Venezuela-backed Citgo as its gasoline supplier at more than 2,100 locations and switching to its own brand of fuel. The retailer said it will purchase fuel from several distributors, including Tower Energy Group of Torrance, Calif., Sinclair Oil of Salt Lake City and Houston-based Frontier Oil Corp. A spokeswoman for Dallas-based 7-Eleven said its 20-year contract with Citgo Petroleum Corp. ends next week.

Late payments on credit card bills edged up this spring, when high energy prices were squeezing the finances of some people and making it hard to pay bills on time. The American Bankers Association, in its quarterly survey of consumer loans, reported that the percentage of credit card payments 30 or more days past due increased to 4.41 percent in the April-to-June quarter, up slightly from 4.40 percent during the January-March period.

Kohl's Corp. department stores will sell Food Network-branded cookware, dinnerware and kitchen gadgets in all its stores and online starting in the fall of 2007. Kohl's said the partnership with the popular cable television channel, owned by The E.W. Scripps Co.'s Scripps Networks Inc., marks the first national home merchandise launch for Scripps, which also owns HGTV, DIY Network, GAC and Fine Living. Food Network's celebrity chefs will be involved in marketing the products, the Menomonee Falls, Wis.-based retailer said.

A final, $445 million settlement between HealthSouth Corp. and investors was announced Wednesday to end class-action lawsuits stemming from a huge fraud at the health services company. Under the agreement, which goes to a judge for approval, the Birmingham, Ala.-based company will pay $215 million in cash, stocks and warrants. Insurance companies will pay the remaining $230 million. The final version of the agreement was virtually identical to a preliminary settlement reached in February.

The fugitive former chief executive of Comverse Technology Inc. has been captured in Africa. The arrest of Jacob "Kobi" Alexander in the Republic of Namibia was announced by the U.S. Attorney's Office in Brooklyn. Alexander, a dual citizen of Israel and the United States, is a founder and former chief executive of Comverse, a leading maker of voice mail software based in the United States. He was wanted on charges of manipulating stock options for personal gain. Two other Comverse executives have turned themselves in to U.S. authorities, but Alexander disappeared after reportedly having transferred $57 million to Israel.

French carmaker PSA Peugeot-Citroen is cutting 10,000 jobs, or 7 percent of its European work force, and is imposing a hiring freeze as it tries to cut costs amid a sales slump in Europe. Europe's second-largest automaker after Volkswagen AG said it plans to cut costs by 125 million euros ($158 million) in the second half of the year. The company said it will cut jobs in part by not replacing people who leave or retire. Peugeot employs 133,500 people in Europe. The company is also canceling construction of a second assembly plant at its Trnava, Slovakia, facility.

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