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Wednesday, June 28, 2017

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Business people: June 26, 2017

Pete du Pont Freedom Foundation names executive director The Pete du Pont Freedom Foundation Board of Directors announced the appointment of Palina Ivanova as the organization’s first  Executive Director. As Executive Director, PIvanova will lead the...

Dianastasis, Siegfried to be inducted into Business Leaders Hall of Fame

The Leadership Council of Junior Achievement of Delaware today announced the nomination of two new inductees into the Delaware Business Leaders Hall of Fame. Recognized for their influence on the economic and workforce development of...

Republicans draft bill to keep lights on if budget deal is not reached

Republicans   are drafting legislation that would fund the Delaware state government through the month of July if no budget deal is reached by July 1st. “We continue to hope that we will be able to...

WSFS outlines exposure from loans to Elkton physician-health care center owner

WSFS reported in a  Securities and Exchange Commission filing that loans with a physician facing federal bank fraud charges have not moved to the nonperforming category.   WSFS confirmed that in addition to customer  Dr.  Zahid...

Chicago Bridge & Iron shares soar after Delaware Supreme Court ruling

CEBImagery.The Delaware Supreme Court reversed a Chancery Court ruling involving two companies that struggled with losses from the construction of nuclear power plants. (See ruling below) The high court ruled in favor of Chicago Bridge...

CSC cuts ribbon on new headquarters in Little Falls

Locally founded CSC  Tuesday hosted a ribbon-cutting ceremony unveiling its new global headquarters west of  Wilmington.  “We are committed to Delaware, we are committed to attracting and hiring talented people, and we are committed to...

County officials celebrate 75th home purchase under Workforce Housing Program

New Castle County Executive Matthew Meyer, County Councilman John Cartier, county government housing staff and housing advocates visited Claymont’s Darley Green on Monday to mark the 75th purchase of a home through New Castle County’s  Workforce Housing...

Chemours commences construction on $150 million sodium cyanide plant in Mexico

Chemours Co. held a "placing of the first stone" event on Saturday to mark the start of construction of a new Chemours Mining Solutions manufacturing facility in the state of Durango, Mexico. This project...

Siegfried Group opens office in Washington, D.C. area

Siegfried  Group has opened a Washington, D.C.-area office   at 7900 Tysons One Place in the Tysons Corner area of northern Virginia. Siegfried, which is based in Wilmington, has 18 offices across the country and employs more than...

Ceremony to mark release of Forever stamps honoring Andrew Wyeth

The U.S. Postal Service will mark the release of  Andrew Wyeth Forever stamps that commemorate the centennial of his birth. The event is free and open to the public on July 12 at 11 a.m....

Former Superior Court Judge Young joins Regar Rizzo

Reger Rizzo & Darnall announced that  Robert B. Young,   has joined the Firm as Of Counsel in the Firm's newly opened Dover office. Young joined Reger Rizzo & Darnall in June of 2017, after...

Counterfeiters hit Rehoboth mainstays Funland and Kohr Bros.

(Click to enlarge image) Rehoboth Beach Police reported three cases of counterfeit bills being passed over the weekend at two well-known businesses. Police were called to boardwalk landmark  Funland on two occasions, Friday, June 23rd at...