Delaware Business Now
Dewey Beach sends town manager packing with $100,000 settlement
Dewey Beach has parted ways with Town Manager Marc Applebaum in a settlement that pays an extra $100,000.
The agreement was approved unanimously last week by the Town Council of the beach town.
The agreement...
Delaware to get $1.1 million from GM ignition switch settlement
GM and 50 attorneys general, have settled allegations that the auto giant concealed safety issues related to ignition-switch-related defects in GM vehicles.
Delaware will receive $1.1 million in the settlement.
The settlement was reached between the...
Young farmers loan program seeks applicants
Delaware farmers, between 18 and 40, have the opportunity to apply for the Young Farmers Loan Program through November 30. The program provides long-term, no-interest loans to help eligible farmers purchase land, reducing the...
Wilmington DuPont researcher wins Pedersen Award
DowDuPont Specialty Products Division has named three scientists as 2017 Pedersen Award Medalists: Paul J. Fagan, Arthur C. Ouwehand and David J. Rodini.
The award is named in honor of DuPont’s Nobel Laureate, Charles J....
Sallie Mae posts earnings gain in third quarter
Sallie Mae reported a strong third quarter.
“The third quarter includes the back-to-school season for millions of families and the peak of our lending activity. It is gratifying to have helped 221,000 students return to...
Groups claim industrial corridor near Wilmington tied to higher cancer rates
The Union of Concerned Scientists, the Environmental Justice Health Alliance, and community organizations released an analysis that claims residents in seven communities in the Wilmington area face a higher risk of developing cancer and...
Croda marks upcoming commissioning of New Castle site
Croda International Plc, marked the upcoming commissioning of its latest investment at its Atlas Point manufacturing site in New Castle.
The new plant from the UK-based company is capable of producing 100 percent renewable, 100...
(Streaming and video) Briefing identifies potential sites for Amazon headquarters 2
Delaware put its best foot forward in making a pitch for Amazon’s HQ2.
Cerron Cade, who heads the small business and tourism division within the Department of State, said the state does meet the online...
Groundbreaking slated for 200,000 sq. ft. pharma research center on UD STAR campus
The University of Delaware will hold a groundbreaking ceremony on Monday for a six-story, 200,000-square-foot research facility at the University of Delaware's STAR Campus.
The site will house the national headquarters for the National Institute for...
Invista Seaford plant receives wildlife habitat designation from council
The Invista Seaford site received a two-year Conservation Certification from the National Wildlife Habitat Council (WHC).
This certification — previously known as the Wildlife at Work program — recognizes outstanding wildlife habitat management efforts at corporate sites...
Local career coach offers assessment roadmaps
To help people figure out a career path that’s right for them, a Wilmington career coach has become one of the first in Delaware to offer Crown Career Direct Assessments.
“Career Direct Assessments provide personalized...
Amazon, pollution, health and the STAR Campus
Good morning - Thursday was a busy news day.
Delaware officials struck the right note in proposing three possible sites for the Amazon HQ2 project. (See story below). The sites in Claymont and Wilmington, as...
Companies to see decline in workers comp insurance rates
Delaware will see a decrease in workers comp insurance Rates, effective December 1.
“I am thrilled to see an agreement come so quickly from the Delaware Compensation Rating Bureau (DCRB), the Ratepayer Advocate, and my...
Area VCA veterinary hospitals raise $29,000 for service animals for wounded veterans
Local VCA animal hospitals and their nonprofit partner organization, VCA Charities, donated $29,000, raised in the national “Pennies for Pets” campaign, to Companions for Heroes last month.
From April to June 2017, local VCA hospitals...
Office vacancy rises in 3rd quarter, but late-year deals could lead to...
The northern Delaware office leasing market posted an increase in its third-quarter vacancy rate, although deals in the fourth quarter could lead to a strong finish for 2017.
According to the report from Colliers, the...
Suspect in Maryland, Delaware shootings captured in Glasgow
Wilmington Police reported a man suspected of shooting five and killing three at a Maryland granite cutting and installing company, was arrested tonight in Glasgow. He is also a suspect in a shooting in...
Wilmington Trust settlement puts dent in M&T earnings
M&T reported higher earnings in the third quarter as a settlement with predecessor bank Wilmington Trust putting a dent in results.
Diluted earnings per common share measured in accordance with generally accepted accounting principles (GAPP...
Tilton Mansion-University and Whist site to be honored with historical marker
The Delaware Public Archives Historical Marker Program has recognized the Tilton Mansion in Wilmington with an Official Delaware Historical Marker.
An unveiling ceremony of the marker will be held on Wednesday, November 1st at 11:30...
TransPerfect group blames court-ordered sales effort for departure of top execs
Citizens for a Pro-Business Delaware says the process of selling of selling New York-based TransPerfect is leading to the departure of key executives.
The group noted that two “C-level employees for TransPerfect have resigned within...
Bank of America announces $596,000 in grants
Bank of America announced $596,000 in economic mobility grants. The grants will be distributed to 22 nonprofits working to increase access to affordable housing and support community revitalization in Delaware communities.
"Funding will support the...
