Delaware Business Now

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Posts labeled Special to Delaware Business Now are typically submitted items that are updated and sometimes rewritten in news style. Background information is sometimes added.

Airline notes – Countdown to Avelo; Copa coming to BWI; Is it a good time to fly Southwest?

The countdown is on as Avelo Airlines prepares for its first scheduled flights out of Wilmington-New Castle Airport (ILG). The first flight - a nonstop to Orlando - is slated for Feb. 1. Later in the week, flights to Fort Lauderdale, Fort Meyers, Tampa and West Palm Beach are scheduled. Avelo will start out with three flights a...

First State Manufacturing building in Milford sold

Owners of the Salisbury, MD-based construction and development firm Gillis Gilkerson purchased an industrial building in Milford. “The principals of Gillis Gilkerson’s development team purchased this building with intent to lease it fully in the coming months,” stated George Merritt, an advisor for NAI Coastal, a real estate affiliate of Gillis Gilkerson. The sales...

Legislation raising Delaware jobless benefit to $450 a week signed by governor

Gov. John Carney House signed a bill that will raise maximum unemployment benefits from $400 to $450 a week. The bill passed both the Senate and House without a no vote. The maximum payment in Delaware was last raised from $330 a week to $440 in 2019. Delaware ranks in the lower tier of states when it comes to its maximum...

Health insurance marketplace enrollment rises 8% to 34,742

Delaware's reinsurance program kept the cost of monthly premiums relatively steady as enrollment on Delaware's Health Insurance Marketplace (Obamacare) for 2023 increased 8% over the open enrollment total for 2022. During Delaware's 10th open enrollment period, which began on Nov. 1, 2022, and ended Jan. 15, 2023, a total of 34,742 Delawareans enrolled for health insurance on HealthCare.gov....

Repair project to close St. Georges Bridge for 18 months

A major repair project will begin in early April at the St. Georges Bridge along the Chesapeake & Delaware Canal. The bridge will remain closed to all traffic for approximately 18 months. The $45.8 million contract, awarded to J.D. Eckman, Inc., involves demolishing and replacing the bridge decking, median barrier, drainage features; replacing bridge approaches and roadways; and...

WSFS reports higher 4th quarter earnings

WSFS Financial Corporation, parent company of WSFS Bank, reported higher earnings in the fourth quarter. WSFS is based in Wilmington and has other administrative operations in Philadelphia. Rodger Levenson, CEO, said, “We are very pleased to end 2022 with strong 4Q results and momentum. "Our operating performance was driven by a 50 basis point increase in NIM (net...

Carney proposes $5.5 billion state budget

Governor Carney on Thursday presented his Fiscal Year 2024 budget request. with a 7.4% spending increase “This year’s recommended budget shows our priorities clearly with raises for teachers and state employees, major investments in housing and child care to support our families, and responsibly managing taxpayer dollars,” said Carney. “We’ll also provide middle-class tax relief for working Delawareans. We’re continuing...

Greene Turtle Newark restaurant reopens a short distance away from old location

 The Greene Turtle sports bar-restaurant reopens on Friday at a new location in Newark near the University of Delaware. Located at 211 S. Main St. in the Park and Shop mixed-use center, the restaurant is short distance from the original location, The new location provides a modern design and enhanced audio and visual technology, a release stated. “We’re excited to reopen our...

Covid-19 cases continue to drop after the holidays

Delaware continues to see a decline in Covid-19 cases after a holiday mini-surge, according to the weekly report from the Delaware Division of Public Health. There were two new deaths reported in the last week and nine new deaths reported after a review of vital statistics between December and January. The individuals ranged from their 40s to 90s, nine...

Amtrak seeks ideas from manufacturers for next generation of long-distance trains.

As many as ten manufacturers are submitting their ideas on replacement railcars for long-distance routes, a few of which pass through Wilmington on their way south. It marks the first formal step to completely reequip the Amtrak Long Distance Network that provides vital service on 14 overnight routes from coast to coast. Amtrak operates a passenger car refurbishment site in Bear....

Nutter’s Sandwich Shoppe closes after 7 decades

Nutter's Sandwich Shoppe has closed its doors after a 70-year run. The family issued the following statement and noted that the shop is for sale. "We have all been mindful of our contribution to the community and thankful for the beauty the community has returned to us.However, after careful consideration and extensive discussions, the family has made the decision that it...

Community groups get more than $458,000 from state fund for financial literacy efforts

A group of community organizations serving Delawareans from all walks of life have been selected to receive year 2022 grants from the Financial Literacy Education Fund (FLEF). “Financial literacy levels the playing field across all communities in our state,” said Delaware State Bank Commissioner Robert Glen. “For this round of grants, our team reviewed a great collection of applications, and we...

House Dems keep online option for 2023 legislative session

The House Democratic Caucus outlined a public participation process that includes an online component. “One of the things we recognized during the pandemic was that by providing a way for residents to watch and participate in their government remotely, more and more people were able to stay informed and have their voices heard. We had record attendance...

Report: Delaware’s post-pandemic job recovery remains weak

WalletHub's  Changes in the Unemployment Rate by State, shows Delaware ranking toward the bottom in its nemployment growth. WalletHub compared the 50 states and the District of Columbia based on six key metrics that compare unemployment rate statistics from the latest month when data is available (December 2022) to key dates in 2022, 2021, 2020 and 2019. WalletHub is a financial...

Blue Hen Quilts moves to new Newark location and becomes Bernina sewing machine retailer

Erin Underwood has turned her passion into a career when she became a quilt pattern and template ruler designer, teacher, lecturer, and quilt shop owner. Underwood and her husband, John, opened Blue Hen Quilts in Newark in 2016. When the pair recently decided to move the shop's location and triple their retail space, they also became a...