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Wednesday, April 24, 2019

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Giving back: Del. Municipal Electric, Comcast Cares, Cinnaire

Municipal Electric Corp. brings power to homes in the  Navajo Nation The Delaware Municipal Electric Corporation (DEMEC) sent four lineworkers (two from the Town of Smyrna and two from the City of Milford) to the...

WSFS rebrands, combines former Beneficial equipment finance units

  NewLane Finance is the new name of WSFS Bank's equipment financing business division following the combination of Neumann Finance  and Beneficial Equipment Finance Corporation.  On March 1,  WSFS Bank's parent company, WSFS Financial Corporation completed...

Goldey-Beacom breaks ground on $30 million project that includes new residence hall

Goldey-Beacom College broke ground Wednesday on a $30 million campus expansion and renovation project. The project includes the construction of William A. Franta Hall, a new five-story residence hall featuring single and double dormitory-style rooms,...

Student loan servicer Navient reports higher earnings

Wilmington-based  Navient  reported higher net income for the first quarter. Highlights are as follows: GAAP (generally accepted accounting principles net income was $128 million compared to $126 million during the same quarter a year earlier. ...

Illegal Pete’s cries foul over LLC denial by State of Delaware

A small Colorado restaurant chain is suing the State of Delaware over its apparent denial of Delaware Limited Liability company status. The Associated Press reported the suit was filed by Illegal Pete’s, a company with...

Updated: SBA cancels annual awards dinner, cites alcohol availability and other factors

The 2019 Delaware Small Business Awards Dinner event scheduled for Thursday, May 9 has been canceled. "There were a few reasons,"  said SBA Director John Fleming, who did not elaborate other than to say that...

Grand jury indicts ship operator, chief engineer in cover up of dumping pollutants

 A federal grand jury in Wilmington returned a six-count indictment Tuesday charging Chartworld Shipping Corporation, Nederland Shipping Corporation, and Chief Engineer Vasileios Mazarakis for failing to keep accurate pollution control records, falsifying records, obstruction...

Agilent adds Bloom Energy Servers at Little Falls, headquarters sites

Agilent Technologies is now using  Bloom Energy  Servers at its Little Falls site and its headquarters. Bloom operates a manufacturing site at the University of Delaware STAR Campus in Newark. Agilent recently installed Bloom servers, capable...

Census estimates show immigration fueled growth in New Castle, with domestic migration boosting ...

The latest U.S. Census estimates show that international immigration accounted for much of the growth in New Castle County, with domestic migration accounting for population gains in faster-growing Sussex County. According to Census Bureau estimates,...

St. Georges Bridge to remain open during repairs that begin later this month

The U.S. Army Corps of Engineers’ Philadelphia District and its contractor Freyssinet, Inc. will make repairs on the St. Georges Bridge over the C&D Canal. Work will be run from Monday April 29 through Saturday May...

The 3.3 percent jobless rate hurdle

Good afternoon, Delaware’s recently announced March unemployment rate of 3.3 percent is at or near a  modern-day low. But we may want to wait to pop the corks on the champagne. In its monthly analysis, the Delaware...

Customs agents seize counterfeit vaping pods

U.S. Customs and Border Protection (CBP) officers in Philadelphia seized an international parcel destined for Newark, DE that contained more than 1,152 counterfeit Juul pods, three chargers and a Juul device in Philadelphia early...