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Wednesday, October 23, 2019

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Sallie Mae reports higher earnings

Sallie Mae reported higher earnings in the third quarter. Net income for the third quarter was $128 million, compared to $104 million during the same period a year earlier. Sallie Mae shares remained unchanged in Wednesday...

Employee charged with altering credit card transactions at Rehoboth business

Michael J. Maricle, 48 of Lewes  was arrested  earlier this month on multiple counts of falsifying business records at his place of employment on North First Street in Rehoboth Beach.  Officers were called to the...

Navient shares rise after upbeat earnings report

Wilmington-based Navient reported higher earnings in the third quarter. Share prices rose more than 6 percent on Tuesday after earnings exceeded forecasts. Generally Accepted Accounting Principles' net income was $145 million compared to $114 million during the same...

Sussex Tech officials vow to continue push for $150.5 million building project after...

While stung the state’s rejection of  new $150.5 million  school building, Sussex Tech officials vow  to continue the effort. The district had applied to the Delaware Department of Education for a certificate of necessity, the...

Updated: Wegmans development overcomes key hurdle when Council OKs traffic waiver

The New Castle County Council gave the unanimous go-ahead for a traffic waiver for the redevelopment of the former DuPont Barley Mill site. Wegmans  plans to build a store at the site west of Wilmington. The...

WSFS reports higher earnings in third quarter

WSFS Financial Corporation,  parent company of WSFS Bank, reported higher earnings in the third quarter as the merger with Beneficial went through with no glitches Net income rose to nearly $54 million, compared to $36 million...

Motherhood Maternity parent files for Chapter 11 in Delaware

Destination Maternity Corporation has filed for Chapter  in the United States Bankruptcy Court for the District of Delaware. The company is seeking bidders for the business, which includes a Motherhood Maternity locations in Christiana Mall...

Grant program aims to convert farm irrigation systems from diesel

The Delaware Department of Agriculture has partnered with the Delaware Electric Cooperative to launch a new irrigation grant program to help Delaware farmers install more environmentally friendly irrigation systems.   The program will provide $10,000...

Law notes: Governor’s Office, Morris Nichols, Morris James, Richards, Layton and Finger, WSFS

  Carney’s chief of staff moves to law firm Gov. John Carney announced changes to his senior staff in the Office of the Governor.  Doug Gramiak – who has served as Chief of Staff since Governor Carney...

Great Dames conversation focuses on the difficult road to gender equity

Great Dames tackled the topics of gender equity  and men and women helping one another at one the group’s  Powerful Conversations on Monday night. Founder Sharon Hake kicked off the discussion with the sobering finding...

JPMorgan Chase does the right thing

Good afternoon, JPMorgan Chase did the right thing in redoubling its commitment to hire more ex-offenders. Readers seemed to agree,  with the story ranking first in page views by a wide margin so far this week....