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Tuesday, August 22, 2017

City Systems joins Long & Foster

City Systems, , a  boutique real estate company based in Wilmington, has merged with The Mottola Group of Long & Foster.  City Systems has experienced growth since transitioning from a real estate company that helped...

AstraZeneca, Merck get FDA OK for ovarian cancer drug

AstraZeneca and Merck & Co., Inc. announced that the US Food and Drug Administration has granted approval for Lynparza (olaparib) for some  types of ovarian cancer. Approvals were for: New use of Lynparza as a maintenance treatment for...

Delmarva Power seeks natural gas, electric rate hike

Delmarva Power has filed requests with the Delaware Public Service Commission for approval to recover $24.4 million in electric investments and $12.9 million in natural gas spending. Based on these requests, a typical electric residential...

Christiana Care again makes Most Wired Hospitals list

Christiana Care Health System has again been selected as one of the Most Wired Hospitals in the United States by the American Hospital Association. Christiana Care was one of  about 425 health systems selected as...

Harvey Hanna reportedly plans to buy the former Fisker-GM site near Newport

Newport-based Harvey, Hanna is reportedly buying the former GM Boxwood plant. Reports of the sale have been widespread for weeks within the commercial real estate community regarding, which is said to be undergoing due diligence...

Community Foundation awards $253,152 in grants

This  year’s capital grants from the Delaware Community Foundation will benefit thousands of Delawareans statewide. The DCF awarded a total of $253,152 in 2017 capital grants to 18 organizations around the state. This year’s recipients...

Comcast rolling out 1 Gigabit service in northern Delaware

Comcast is launching new high-speed internet service in Philadelphia, Bucks, Montgomery, Chester and Delaware counties that will deliver speeds up to 1 Gigabit-per-second to residential customers. These speeds will be among the fastest and most...

Greystone provides $26.65 million loan for Autumn Park apartments

Greystone, a real estate lending, investment and advisory company, provided a $26.65 million Fannie Mae DUS  loan in combination with $5.35 million in preferred equity from New York Mortgage Trust, Inc., for the acquisition...

9 staffers at Vaughn prison suspended as investigation into transport incident continues

The Delaware Department of Correction confirmed that an investigation is under way on an incident that led to the suspension of nine staff members at a troubled prison near Smyrna. DOC spokesperson Katherine Weber said...

DuPont buys farm technology company

As its merger with Dow approaches, DuPont  has signed a definitive agreement to acquire San Francisco-based Granular, Inc., a  provider of agricultural  software and analytics tools  Granular also operates AcreValue.com,  a  digital marketplace for farmland...