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Newark, Delaware
Wednesday, July 26, 2017

DuPont disruptor Peltz now has P&G in his sights

The man who helped bring  a new CEO to DuPont is hunting for bigger game. The Wall Street Journal (paywall) reported earlier in the year that Nelson Peltz  has  accumulated a reported $3 billion stake...

Update: Grocer Lidl makes more moves in Delaware

German supermarket chain Lidl has opened its first stores in Virginia and the Carolinas with other locations to follow in Delaware and Maryland. The company has built distribution centers in Virginia, North Carolina and in...

Viewpoint: Time to end surprise tax increases

It was a sign of the times when the  Delaware General Assembly slipped into the dysfunctional mode we see in Washington, D.C. Early Saturday morning, the process of coming up with a budget ground to...

Nissan, power company offer 10K rebate on all-electric Leaf as Chevy Bolt’s debut...

Nissan and Delmarva Power announced a  $10,000 rebate on the all-electric Nissan Leaf. The Leaf, with a price that starts in the low 30s  is the least expensive  and best selling all-electric vehicle available nationwide....

Viewpoint: This time, Rep. Kowalko wants the little guy to pay up

State  Rep. John Kowalko’s legislation to raise the annual fee for limited liability companies comes  as no big surprise. Over the years, the cantankerous Democrat has focused on raising taxes for the wealthy and businesses under the...

(Update) Fashion Center adding Starbucks, Qdoba, Jersey Mike’s, Famous Footwear

The Christiana Fashion Center is filling in the gaps in its initial phase of development. Slated to open later this year are a Starbuck's and Qdoba, a fast-casual Mexican food chain and a rival to Chipotle....

Attorney General Denn confirms intent to probe opioid companies

Delaware Attorney General Matt Denn confirmed on Thursday that his office is participating in an investigation of makers of opioids. His comments came in response to a Wall Street Journal article (paywall) that reported  a...

Highmark files for 33.6% rate hike hike in Affordable Care Act premiums

The Delaware Department of Insurance (“DOI”) has received a proposed rate increase request from Highmark Blue Cross Blue Shield of Delaware for a 33.6 percent rate hike for its 2018 individual Marketplace business. This requested...

Delaware Business Now rolls out new website

Delaware Business Now’s redesigned website went live over the weekend. The site lives up to Delaware Business Now’s motto of  “News Now. Not Later.”  with a fast, responsive design that is easily viewed on any...

Former CPA indicted on charges that include embezzling nearly $3 million

A  former Certified Public Accountant from Middletown has been indicted by a federal grand jury numerous accounts related to embezzling nearly $3 million from a trust account.  Donald R.  Rice, age 54, of Middletown,  faces...