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Newark, Delaware
Tuesday, August 22, 2017

Sallie Mae seeks up to $2.16 million from state for 285 jobs

Sallie Mae Bank is seeking up to $2.16 million from the state to expand its customer service center in New Castle. The money would come from the state's  Strategic Fund. The fund ties the grant...

Delaware Board of Trade opens and enters into agreement with exchange group

The Delaware Board of Trade has opened and entered into an agreement with NextGen Exchange Group that involves blockchain and other types of investment technology. According to a release,  NextGen will transfer 5 percent of...

Faw Casson marketing director wins award

Denise Vendrick of Faw Casson was awarded the 2017 Award for Digital Advertising at the Association for Accounting Marketing’s annual award gala on June 14. This award for is the premier recognition on a...

Cecil Bancorp files for Chapter 11, announces stock purchase deals

Cecil Bancorp, Inc., a bank holding company Elkton, MD, has entered into stock purchase agreements that aim to raise $30 million through a private placement of stock.  Cecil Bank. Bancorp also announced it has submitted...

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...

PNC offers Apple, Android and Samsung pay options for Visa commercial credit cards

PNC Bank,  announced a new mobile payment option enabling Visa  commercial cardholders to use a smartphone or mobile device to make corporate purchases via Apple Pay,  Android Pay,  and Samsung Pay. PNC is one of the...

Wheeler, Wolfenden and Dwares website honored

The website of Wheeler Wolfenden and Dwares, CPAs  was honored by  Hermes Creative Awards and an award from  the Delaware Press Association. Hermes Creative Awards presented the firm with a Gold Award in the Professional...

Small Business Administration honors M&T Bank

M&T Bank  accepted an award from the Small Businss Administration  for providing the highest number of 7(a) loans for the 2016 SBA year ending September 30, 2016. The  7(a) Loan Program is SBA’s primary program...

House votes to scrap DEDO in favor of public-private economic development group

Legislation that would replace the Delaware Economic Development Office with a public-private partnership easily passed the House. The 34-6 vote came with Republicans siding with most Democrats in their support of the measure. The House...

Lyons consultant named Commercial Lines Person of the Year

Lyons Companies announced  that Karla Hannah, Select Business Consultant, was named Commercial Lines Person of the Year by the Delaware Association of Insurance Agents and Brokers at its annual convention.  The award recognizes outstanding...