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Delaware Business Now

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Delaware Business Now is a four-year-old, five-day-a-week newsletter and website operated by Bird Street Media LLC. Publisher and Chief Content Officer is Doug Rainey, a 30-year veteran of business journalism in the state of Delaware.  Business Now focuses on breaking business news in Delaware and immediate adjacent areas with apropriate background and perspective. Also offered exclusively in our FREE newsletter is commentary on state and regional issues. Have a complaint, question or even a compliment? Send an email to drainey@delawarebusinessnow.com. For advertising information, click on the About tab at the top of the home page Our business hours are 8 a.m. to 5 p.m., Monday through Friday. Call us at 302.753.0691.

Carper, Collins propose tax credit for offshore wind power

U.S. Sens. Tom Carper (D-Del.), and Susan Collins (R-Maine) introduced the Incentivizing Offshore Wind Power Act. The bill provides  critical financial incentives to encourage investment in offshore wind energy. This bipartisan bill would create an investment tax...

State Fair reports successful run in 2017

The 2017 Delaware State Fair enjoyed strong attendance with the weather, VIP packages and craft beer contributing to the successful run.  Overall attendance saw a 10 percent  increase of rebound over last year’s attendance numbers...

The Bancorp reports turnaround in earnings

The Bancorp, Inc., based in north Wilmington, reported a turnaround in financial results in the second quarter and first half. The Bancorp reported net income of $18.9 million for the quarter ended June 30, compared...

Coastal Zone reform act clears way for redevelopment of General Chemical property

A development company will move forward with projects at the former General Chemical plant in Claymont following the signing of a bill that allows such projects under the Coastal Zone Act. D2 Management announced that...

Blood Bank of Delmarva merging with larger New York blood center

Blood Bank of Delmarva,  Christiana, and New York Blood Center (NYBC) announced  a merger of  operations. The new partnership brings together the complementary strengths of BBD and NYBC to deliver a broad range of blood...

Incyte posts loss for quarter, but sees strong sales for blockbuster drug Jakafi

Incyte Corporation, Wilmington,  posted a loss in the second quarter, but offered upbeat news on its drug pipeline as sales of its blockbuster Jakafi are poisted to move past the $1 billion mark.   “Revenue...

Business people: Aug. 2, 2017

Delaware State University Board  selects  Mishoe as chair At their semi-annual retreat, the Delaware State University Board of Trustees elected Dr. Wilma Mishoe as their Chair. Mishoe is the first woman in the institution's 126-year...

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,...

Guard and Reserves employer support group honors Delaware companies

The  Delaware Employer Support of the Guard and Reserve (DE-ESGR) held its Annual Awards Recognition Banquet at the Dover Downs Conference Center. The event recognized civilian employers who provide extraordinary support to employees who serve...

Carney to spend month talking to business owners, leaders

Gov. John Carney announced Tuesday he will spend August talking to Delaware business owners. According to an advisory,  topics will include Delaware’s economy, economic development, and the importance of supporting Delaware small businesses, innovators and...

Painted Stave to release limited edition whiskey to mark solar eclipse

Painted Stave Distilling, Smyrna, will release SunSeeker Wheat Whiskey on August 21 to commemorate the total solar eclipse.  SunSeeker Wheat Whiskey is the third in Painted Stave’s series of whiskeys distilled from craft beers. In January 2016,...

Settlement with DuPont allocates $42.5 million to Virginia river area

A federal judge approved a consent decree over mercury contamination linked to a DuPont plant in Waynesboro, VA. Waynesboro is in the  Shenandoah Valley. The company issued the following statement: “Now that the Waynesboro Natural Resource...

(Video) Haggerty & Haggerty accounting firm becomes part of Whisman Giordano

    Whisman Giordano & Associates, LLC, Christiana, announced the merger of  Haggerty & Haggerty, based on Philadelphia Pike, Wilmington,  effective Aug. 1.  James R. Zdimal, and Vincent S. Barbone have joined the firm as directors. Jim...

Wilmington Trust files suit against former VP who set up his own firm

Wilmington Trust has filed suit against a former vice president who started  a competing firm.  The Chancery Daily reported that the action was filed against  John P. Garniewski, Jr., who served as Vice President of...

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...

Solenis closes on acquisition of Colombian chemical companies

Solenis LLC, north Wilmington,  closed on its previously announced acquisition of the business and assets of Nopco Colombiana S.A.  Headquartered in Medellin, Colombia, Nopco Colombiana is a leading producer and supplier of specialized chemical solutions for...

Raymour and Flanigan to open outlet store near Christiana Mall

Raymour and Flanigan snapped up the former Christiana Mall-area hhgregg store as a  site for an outlet store.  Hiring notices from the giant furniture retailer indicated it is  looking for staff for the store, which would...

Newark Groundwater Plume moved to Priorities list of Superfund sites

The  Environmental Protection Agency announced it is proposing to add the Newark South Groundwater Plume site in Newark to the National Priorities List (NPL) of Superfund sites. The NPL is the list of hazardous waste...

Business licenses: July 31, 2017

PROFESSIONAL/PERSONAL SERVICES DELAWARE MEDSPA 1500 E NEWPORT PIKE STE 4 WILMINGTON, DE 19804-2346 DELAWARE OPEN MRI RADIOLOGY DELAWARE OPEN MRI (DOVER) 1030 FORREST AVE DOVER, DE 19904-3314 DELAWARE OPEN MRI RADIOLOGY DELAWARE OPEN MRI (SEAFORD 300 HEALTH SERVICES DR  SEAFORD, DE 19973-5770 DELAWARE...

AstraZeneca lung cancer drug earns ‘breakthrough’ designation from FDA

    AstraZeneca and MedImmune, its global biologics research and development arm,  announced that the US Food and Drug Administration has granted Breakthrough Therapy Designation for Imfinzi (durvalumab) for the treatment of patients with a...
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