Delaware Business Now
Fulton acquires assets of Philadelphia bank seized by federal regulators
Fulton Financial Corporation acquired substantially all of Republic Bank's assets and assumed most of Its Deposits from the Federal Deposit Insurance Corporation.
All regulatory approvals, including approval from the Office of the Comptroller of the...
GOP Chair Murray announces bid for governor
Delaware State Republican Party Chair Julianne Murray is running for governor.
Murray announced the decision in a post on a Sussex District Republican PAC club website.
"We have diligently looked for a gubernatorial candidate since last...
Delaware existing home sales drop, prices rise
The real estate market in Delaware saw growth in new listings, and a decline in sales during March.
Still, a Delaware Association of Realtors release said the listings growth was "signaling a positive...
Hospital budget oversight bill passes Delaware House after contentious debate
Despite strong opposition from the state's hospital systems and father a lengthy debate, a bill to review and approve their budgets passed the Delaware House.
House Bill 351 was sponsored by House Speaker...
NASCAR weekend getting underway
Dover's NASCAR weekend gets underway with a trio of races, food, and entertainment.
Legendary driver Richard Petty will be honored on the 75th anniversary of the family's relationship with NASCAR and numerous driver autograph sessions...
LYCRA showcases stretch denim fiber
The LYCRA Company, is launching a new type of fiber for stretch denim.
LYCRA FitSense denim technology is designed to provide a solution to consumers of all body types and shapes, a release...
Ex-bank employee charged with stealing funds from deceased person’s account
New Castle County Division of Police arrested former WSFS employee Latia Wynn, 25, also known as Itiyya Wynn of Wilmington on multiple charges.
In February, Officers were called to a residence on Constitution Boulevard and...
Delaware gas price surge continues despite state’s low tax and sluggish demand
Delaware gas prices continued to climb, despite a drop in crude oil prices and weaker demand.
The price at the pump rose 12 cents a gallon in Delaware during the past week. Despite the state's...
Incyte agrees to acquire skin disease drug developer in $750 million deal
Incyte has agreed to acquire Escient Pharmaceuticals, a clinical-stage company with a promising dermatology candidate. The price tag is $750 million.
“As a company dedicated to innovation and the discovery of transformative medicines, we are...
Newark radio frequency systems manufacturer poised to get $700,000+ in state grants
Phase Sensitive Innovations (PSI) – a veteran-owned University of Delaware spinoff that specializes in radio-frequency components, devices and systems – will expand operations in Newark.
The Delaware Prosperity Partnership, the state's private economic development agency, consulted with...
From Spotlight Delaware – New Castle County to manage Hope Center after audit
By Karl Baker
This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org
New Castle County employees are taking over the day-to-day operations of the Hope Center...
DāSTOR acquires New Castle data center
DāSTOR acquired a data center at 3 Boulden Circle in New Castle.
The site has more than 30,000 square feet of raised floor. The seller was not listed. It's the second Delaware data center...
Ground broken for pharma manufacturing pilot plant on UD’s STAR Campus
A groundbreaking ceremony was held on Monday for the National Institute for Innovation in Manufacturing Biopharmaceuticals’ (NIIMBL) new Securing American Biomanufacturing Research and Education (SABRE) Center on the University of Delaware's STAR Campus in Newark.
The...
Bill raising dollar limits on homes, equipment subject to bankruptcy seizure passes House
A bill that would halt the loss of work tools and raise the dollar limit for houses that could be lost during bankruptcy proceedings passed the House on a vote of 37 yes...
Law firms raise associates pay to $210,000 a year
The Wilmington corporate law firms of Richards, Layton & Finger, Potter Anderson, and Young Conaway announced that their starting salaries for associates have increased to $210,000, effective immediately.
A release from Richards Layton stated ...
Man from Bear charged with aggravating menacing outside News Journal site
A man from Bear has been charged with aggravating menacing at a News Journal distribution center.
The man was identified as Yonghua Xu, 43.
In the late morning of April 17, Delaware State Police were called...
Division of Small Business partners with Small Business Development Center on loan assistance program
The Delaware Division of Small Business (DSB) is partnering with the Delaware Small Business Development Center (SBDC) to provide additional support to small business owners seeking loans from a federal program that the...
Dover Air Force Base unveils $45 million hanger
Hangar 916 opened its doors for the ribbon-cutting ceremony at Dover Air Force Base last week.
The massive hanger provides maintenance crews with all-weather access to transport aircraft based at Dover.
Archer Western Federal Joint...
Delaware March jobless rate falls below 4% for first time since 2019
Delaware’s seasonally adjusted unemployment rate in March was 3.9%, down from 4% in February 2024.
The Delaware Department of Labor reported 20,000 unemployed Delawareans in March compared to 19,500 in March 2023.
The nation's jobless...
Middletown travel agency owner charged with using customer credit cards for personal purchases
Delaware State Police arrested Jane Fencer, 55, of Townsend, for making fraudulent credit card purchases through her Middletown-based travel agency, Wanderlust Tours and Travel.
On January 26, troopers received a report of multiple unauthorized...
