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Tuesday, August 22, 2017

Spotluck restaurant discount app makes Wilmington debut

Spotluck  has made its debut in Wilmington. The app for your mobile device was previously rolled out in Philadelphia, Baltimore, Washington, D.C. and New York City. Wilmington remains by far the smallest market for the app,...

New Castle County office market sees big deals, higher vacancy rate

A report from Colliers showed an increase in the overall office vacancy rate in the second quarter for New Castle County. The overall office vacancy rate for the county stood at 13 percent. Both downtown and...

Wilmington psychiatrist indicted on insurance fraud charges

Joint work by the Delaware Department of Insurance and Delaware Department of Justice led to the indictment of Dr. Karl McIntosh on 14 felony counts including theft, health care fraud, insurance fraud and identity...

$65 million note for Hercules Plaza sells for nearly $23 million

A $65 million note for the  Hercules Plaza  Building has been sold for about $23 million. Commercial Observer reported that Brooklyn-based CREMAC Asset MManagement agreed to the deep discount for the note. The note had been...

Richards, Layton & Finger again tops list in mergers and acquisition work

Richards, Layton & Finger,  Wilmington, reported that it led The Deal’s ranking of merger and acquisitions transactions handled by Delaware law firms in the first half of 2017. Posting 24 deals valued at $100 million or more, Richards...
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South Africa entrepreneurs seek ties with Delaware (Video)

Last week in Wilmington, a group of 15 to 20 young entrepreneurs from South Africa are looking to form partnerships with various corporations in Delaware in hopes of obtaining a new set of skills,...

OpenBracket national competition to return to Wilmington in late October

The finals in national  OpenBracket competition will return to Wilmington in October. The Delaware organization announced the competition on its website. Work on the event has been under way since early this year. The first round...

Wilmington, Dover rank 72nd and 115th in city service quality report

Source: WalletHub Dover ended up in the top half and Wilmington found itself in the bottom third in a ranking of poorly run and smoothly functioning cities in the U.S. Dover ranked 72nd and Wilmington...

Fewer Wilmington train stops as ‘summer from hell’ gets under way...

Wilmington Amtrak passengers  have fewer options beginning today as work begins on Penn Station in New York City. The passenger rail service will keep its  upscale Acela Express service, while cutting back on regional trains....

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...