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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.

Business people: March 22, 2016

Leach joins Guidewell financial counseling service Kent Leach has been selected to serve as Executive Vice President at national nonprofit Guidewell Financial Solutions (also known as Consumer Credit Counseling Service of Maryland and Delaware, Inc.) He says, "Initially,...

Delaware ranks 11th highest in vehicle insurance rates

Delaware ended up with the state’s 11th highest vehicle  insurance rates, according to the annual survey by  Insure.com. Delaware’s $1,607 rate was within a few dollars of  Maryland, which came in at No. 9 at...

State Supreme Court steaming oral arguments

Beginning on March 9, non-confidential oral arguments of the Delaware Supreme Court will be available online live as they happen in Dover. The Delaware Supreme Court has entered a partnership with the Brooklyn-based technology company...

News Journal circulation drop continues

The circulation of the  News Journal   dropped dramatically between 2013 and 2015,  figures from the Alliance for Audited Media indicate. Figures from last year from the Alliance indicate weekday circulation of the Delaware newspaper...

Siegfried Group opens three new offices

The Wilmington-based Siegfried Group has announced the opening of  new offices in San Francisco, Los Angeles  and Greenwich, Ct. The Siegfried Group is a  national CPA firm that provides leadership advisory and talent delivery services...

SBA releases details on nonprofit disaster assistance in Sussex

The Small Business Administration has released more details on low-interest loans that may be available to private nonprofits (PNPs)  affected by the January storm in Sussex County. These loans are available following a Presidential disaster...

Silicato to develop bakery outlet site in Salisbury

A  ceremony to mark  the beginning of work on a project developed by a Milford company was held earlier this month   at 601 E. Main Street in Salisbury, MD. The former Hostess Bakery Outlet...

First death reported during a milder flu season in state

Delaware's Division of Public Health (DPH) reported the first flu-related death of the 2015-2016 season. An individual is an 88-year-old man from New Castle County who died on March 14, 2016. The Delaware Public Health...

Gas prices up a few cents a gallon in Delaware during past week

Gas prices rose five cents a gallon nationally and three cents in Delaware during the past week,  according to Wilmington-based AAA Mid-Atlantic. The increase is due to a decline in gasoline supplies, relatively strong demand and...

Sallie Mae offering medical residency and relocation loans

Sallie Mae, Newark,  is offering the Residency and Relocation Loan. Available to health profession students in their final year of medical, dental, podiatry, or veterinary school, the Residency and Relocation Loan can be used to help...

Stripe Atlas to offer Delaware incorporation to Cuban internet start-ups

Stripe Atlas  announced an expansion that will allow Cuban internet entrepreneurs to incorporate in Delaware and gain access to many services. For the first time, the company will give Cuban entrepreneurs access to: -- an incorporated U.S....

Labor market officials caution against reading too much into latest figures

Labor market officials are advising caution in reading too much into the unemployment figures for February. Delaware’s seasonally adjusted unemployment rate in February was 4.6 percent,  down from 4.7 percent in January, the Delaware Department...

Advanced battery storage coming to Lewes electric system

Alevo Group is developing  an energy storage system in Lewes that combines advanced software and batteries. The company worked with the City of Lewes and the Lewes Board of Public Works in developing the   eight-megawatt...

Perdue foundation aids Easter Seals’ work in Salisbury

Easter Seals Delaware & Maryland’s Eastern Shore is bringing a new type of therapy to its Salisbury children’s therapy services thanks to a $5,500 grant funded by the Arthur W. Perdue Foundation. The grant will...

Delaware economy shows strength in Philly Fed survey

Delaware’s January  economic performance is outpacing the other states in  the territory covered by the Federal Reserve Bank of Philadelphia. That’s according to the bank’s monthly Tri-State Tracking service. Employment growth in Delaware  from January 2015...

Mid-market companies not cutting back, M&T report indicates

A survey of mid-sized companies shows some pessimism about the economic outlook while maintaining hiring and spending plans. The contrast between the survey findings from M&T Bank and the actions of executives may be a...

Business people: March 15, 2016

Turner named to Federal Advisory Council The Federal Reserve Bank of Philadelphia has appointed Mark A. Turner, president, CEO, and a director of WSFS Financial Corporation and WSFS Bank in Wilmington, DE, to represent the...

Living through a storm disaster topic at Resiliency Summit in Wilmington

Can you imagine what might have happened if Hurricane Sandy had come ashore in New Castle County instead of hitting New Jersey? Steven Kegelman, Response and Recovery Operations in Avon-By-The-Sea, NJ, will share his first-hand...

Ferri joins Reger, Rizzo & Darnell

The law firm of Reger Rizzo & Darnall announced  that Dennis D. Ferri, Esq., Of Counsel, has joined the firm’s Wilmington office. Ferri has been an active trial lawyer for 43 years. Over his career, he...

Home sales up in New Castle, Kent counties

Home sales rose in Kent and New Castle counties  in February, the TREND  multiple listing service reported. Home sales totaled 411 in New Castle County, compared to  340 during the same month a year ago....
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