Delaware Business Now
Check out the May 6-12, 2014 issue of the Business Bulletin
Need to catch up on the latest local business news? CLICK HERE for today's edition of the Bulletin, which comes free of charge in an easy-to-read format ideal for your laptop, tablet or smartphone with a...
Advisory firms endorse Peltz’s proxy plans as DuPont digs in
The proxy battle at DuPont Co. took another turn when shareholder advisor Glass Lewis & Co. recommended the election of Trian Partners chief Russell Peltz to the board of DuPont Co.
This was followed by...
Brandywine Realty sells buildings to Buccini/Pollin for $51 million
Brandywine Realty Trust has sold two Delaware office complexes.
Philly.com reported Brandywine sold Delaware Corporate Center on Concord Pike and Christiana Office Park, a multi-building complex south of Newark for a reported $51 million.
Buyer was...
Business people: May 6-12, 2015
Ott named CEO of PJM
PJM Interconnection announced that Andrew L. Ott will become new president and CEO later this year. Ott presently is PJM’s executive vice president of Markets. Current PJM CEO Terry Boston...
Whaley nominated to succeed Levin as economic development director
Bernice Whaley - who worked her way up through the ranks to serve in one of the top jobs at a major employer in Delaware - was nominated for the post of Director of...
Photo gallery) Biden to expand law firm’s whistleblower practice
Grant & Eisenhofer P.A., Wilmington announced that Joseph R. “Beau” Biden III, of counsel to G&E and former Delaware Attorney General, will expand his work on behalf of the firm’s whistleblower clients.
The firm noted...
iBio chooses Caliber for early stage of fibrosis drug development
iBio, Inc. has engaged Texas-based Caliber Biotherapeutics LLC to produce materials for clinical development of the first of iBio’s proprietary anti-fibrosis products.
iBio is based in Newark and develops plant-based technologies for proteins that could...
Feds issue final rule on rail transport of crude oil and other volatile liquids
Click on photo at left to see a larger image)
U.S. Transportation Secretary Anthony Foxx announced a final rule for the safe transportation of crude oil and other liquids via rial.
Delaware has seen sharply higher...
Bavol leads list of County Chamber award winners
The New Castle County Chamber of Commerce has announced its annual award winners. These individuals will be honored at the chamber’s Annual Awards Luncheon on May 14 at the Waterfall Catering and Special Events...
State grant to extend fiber-optic cable system in Sussex
disoculated / Foter / CC BY-SAThe state announced announced a $1 million grant for Fibertech Networks. Fibertech will provide high-speed data and Internet service in portions of Sussex County.
The announcement was made at the...
Minneapolis company acquires Keenan Auto Body
Minneapolis-based ABRA Auto Body & Glass, a leading national damaged vehicle repair company, announced an expansion on the East Coast, with the acquisition of 12 Keenan Auto Body locations. In Delaware and the Philadelphia...
(Video) Media Insider: Everything is awesome at News Journal owner Gannett
News Journal owner Gannett wants the world, or perhaps its workforce, to know it is an awesome media company.
Taking center stage for the lip sync rock band was Gannett CEO Gracia Martore, joined by...
Emory Hill and its Delaware brokers win awards
Three NAI Emory Hill commercial real estate agents received awards recently in the “Best Of 2014” Mid-Atlantic Real Estate Journal Awards in the mid-sized real estate firm category.
Neil Kilian, CCIM, SIOR, was awarded Largest...
Right to work zone bill goes nowhere in state Senate
To no one’s surprise, the state Senate Labor and Industrial Relations Committee failed to release a right to work “light” bill.
The bill has been sponsoredd and championed by Sen. Greg Lavelle's R-north Wilmington. However, it faced...
Coastal Sussex restaurants to aid children in Nepal
United Nations Development Programme / Foter / CC BY-NC-NDCoastal Sussex County restaurants are banding to together to aid children in earthquake-stricken Nepal.
Fifteen restaurants on May 15 will each donate a portion of sales on...
WSFS core earnings rise as bank expands into Pennsylvania
WSFS Financial Corp. reported net income of $12.9 million, for the first quarter of 2015 compared to net income of $16.9 million, for the first quarter of 2014.
That was slightly ahead of earnings forecasts.
The...
(Video) Tesla and SolarCity’s backup system a ‘game changer?’
.James Lee sees a market for a new battery backup system announced last week by automaker Tesla and SolarCity.
Lee, who heads Strategic Foresight Investments, Wilmington, says his mother bought a back-up generator after...
Development Director Levin leaving in July to take position with restaurant group
Delaware Economic Development Office Director Alan Levin will leave the Markell Administration at the end of this year’s legislative session to work for SoDel Concepts, the Sussex County restaurant company founded by the late Matt...
Dover Downs posts small loss as further job cuts are announced
spam991 / Foter / CC BY-NC-NDDover Downs Gaming & Entertainment, Inc. reported a smaller loss in the first quarter and announced plans to cut back on its table game operations as out-of-state competition and...
Flight to quality continues in office leasing market
Click on image to enlarge
The flight to quality is continuing in both the office leasing and sales market in northern Delaware. North Wilmington (Route 202) is showing the greatest momentum with encouraging signs coming...
