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Delaware Business Now

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Delaware Business Now is a four-year-old, five-day-a-week newsletter and website operated by Bird Street Media LLC. Publisher and Chief Content Officer is Doug Rainey, a 30-year veteran of business journalism in the state of Delaware.  Business Now focuses on breaking business news in Delaware and immediate adjacent areas with apropriate background and perspective. Also offered exclusively in our FREE newsletter is commentary on state and regional issues. Have a complaint, question or even a compliment? Send an email to drainey@delawarebusinessnow.com. For advertising information, click on the About tab at the top of the home page Our business hours are 8 a.m. to 5 p.m., Monday through Friday. Call us at 302.753.0691.

E-commerce brokerage firm announces $1.7 million deal

Empire Flippers, a Wilmington-area firm business specializing in online businesses,  recently made a client a millionaire with the sale of a $1.7 million dollar e-commerce business.  The business took just 8 months to sell on...

The other shoe drops in Wilmington Trust case

Good morning - It always seemed likely that another shoe would drop before the complex Wilmington Trust case went to trial. That proved to be the case as M&T agreed to settle a troublesome criminal...

Philly Fed forecast says jobless rate in Delaware could rise to 5 percent

Jobless  rates for September are expected to decrease in Pennsylvania and increase in Delaware and New Jersey, according to the Federal Reserve Bank of Philadelphia’s nowcasts. The Philadelphia Fed issues the reports for the period...

Tesla fires  hundreds as part of annual performance reviews as production ramps up on new electric car. (Yahoo Finance) Senators get deal to prop up Obamacare and  keep subsidies that Trump cut. (Bloomberg) Would-be airport bomb...

Donald Wolfe named College of Trial Lawyers chair

Donald Wolfe has been appointed chair of the Delaware State Committee of the American College of Trial Lawyers for 2017–2018. He has been a fellow of the College since 2010. Wolfe is the immediate past...

Shawe’s lawyer skeptical of Elting seeking permission to drop legal action

TransPerfect Co-CEO Elizabeth Elting and her legal team are  now asking New York Supreme Court Judge, Debra James, permission to discontinue Elting's claims   against Co-CEO Philip Shawe. This comes after the judge made a recent determination that the exchange of...

DSU completes agreement with Chinese university

A DSU delegation recently traveled to China and completed an agreement with a new institutional partner while also visiting other universities. During the trip, DSU Provost Tony Allen, Associate Provost Bradley Skelcher, and Dr. Fengshan...

Media update: New faces on the legislative beat

Delaware Public Media (WDDE, Dover) has a couple of new staffers as the legislative press corps sees a reshuffling. Filling the key political reporter position is  Sarah Mueller, a public radio veteran.  Downstate radio mainstay...

AstraZeneca drug gets FDA Breakthrough status

AstraZeneca announced that the US Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation  for Tagrisso (osimertinib) for the 1st-line treatment of patients with an advanced type of lung cancer. Sean Bohen, executive vice president, Global...

I-95 northbound to be down to 1 lane for month between 202 and...

The Department of Transportation announced  that contractor Eastern Highway Specialists began construction at 7 p.m. on Sunday,  on the bridge on I-95 northbound over Talley Road between US 202 and Marsh Road. The work...

Peltz could snare a board seat at consumer products giant P&G

Did Nelson Peltz learn a lesson from DuPont? In his battle for a board seat at Procter & Gamble that could be decided today, Nelson Peltz may have learned a few lessons from his experience...

Harvey, Hanna confirms plans to purchase GM Boxwood site

Boxwood Industrial Park, LLC, an affiliate of Harvey, Hanna & Associates, formally announced the pending acquisition of the former  GM  Assembly plant located at 801 Boxwood Road, near Newport.  Boxwood Industrial Park, LLC, an affiliate...

Business licenses: Oct. 9, 2017

Editor's note: Business licenses are issued by the State of Delaware as a revenue-raising measure.  PROFESSIONAL/PERSONAL SERVICES   GTL BARBER COMPANY LLC 1203 PHILADELPHIA PIK  WILMINGTON, DE 19809-2032  GUILDAY PATRICIA 23505 STONE LN  MILLVILLE, DE 19967-6846 GUINTA LANDSCAPING 26358 CRAIGS MILL RD S SEAFORD,...

OpenBracket coding competition doubles prize package in second year

OpenBracket goes into its second year with more than $100,000 in prizes. The figure doubled from the previous year.  Organized by a coalition of Delaware tech leaders, OpenBracket has two parts -  more than 10,000...

Gas prices could drop another dime this month

Drivers across the Mid-Atlantic region continue to see lower gas prices as Gulf Coast refineries move toward full production, Wilmington-based AAA Mid-Atlantic reported. Delaware's average gas price fell seven cents a gallon over the past...

Siegfried, Dianstasis inducted into Business Leaders Hall of Fame

Two business leaders were named last week to the Delaware Business Leaders Hall of Fame.  Ernest J. Dianastasis, of the Precisionists and former CAI leader, is a past Hall of Fame chairman. He has worked to provide employment opportunities for those...

Delmarva Power seeks bids for electric power

Delmarva Power announced a Request for Proposals (RFP) to eligible vendors regarding the company’s annual wholesale electric power supply purchase.  The RFP will allow the company to meet its Standard Offer Service (SOS) obligation...

(Video) Incyte cuts ribbon on expanded headquarters, announces donation to Cancer Support Community

https://youtu.be/DjC77CkNnos (Includes video and information from WHYY Newsworks)  Incyte Corporation  and Cancer Support Community Delaware   announced the establishment of the Incyte Cancer Care Assistance Fund for Delaware which will provide emergency financial assistance for cancer...

American Airlines to take on Frontier with new nonstop from Philadelphia

American Airlines decided to take on Frontier Airlines with flights to many of the same destinations.  American will offer nonstop flights from Philadelphia International Airport  to four new cities beginning in 2018: San Antonio;  Madison,...

WBOC launches Telemundo Delmarva

WBOC-TV  launched  Telemundo Delmarva this week “Telemundo is the industry leader for high-quality Spanish- language content in the U.S. and worldwide,” stated  Craig Jahelka, president of Draper Media. “We are proud to partner with Telemundo to provide a...
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