Home Authors Posts by Delaware Business Now

Delaware Business Now

18490 POSTS 60 COMMENTS
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.

Man dies, woman critical from apparent carbon monoxide poisoning at Cecil County-Crystal Beach home

A 59-year-old man is dead, and a woman was taken to a hospital in critical condition after being found in their Earleville, MD home with symptoms of carbon monoxide poisoning. Cecilton Volunteer Fire...

From Spotlight Delaware: Bloom plans to move some jobs to Mexico

By Karl Baker, Senior Reporter, Spotlight Delaware Bloom Energy, the fuel cell producer that a decade ago promised to revitalize the state’s manufacturing sector, announced last week that it will move a slice of its...

Gas prices drop as Midwest refinery goes back into operation

After suddenly spiking more than a dime two weeks ago, the national average for a gallon of gas had a calm week, hovering around $3.27 a gallon. News that the large BP-Whiting refinery in...

My take: Fund-raising news a reflection of money-driven political landscape

My take: Campaign fund-raising news a reflection of a money-driven political landscape It used to be that campaign fund-raising was a touchy subject. Not anymore. This week, the (Matt) Meyer for Governor...

Bank of America to move 500 jobs out of downtown Wilmington by late 2025

Bank of America plans to phase out its presence at the Bracebridge complex in downtown Wilmington by late 2025. B of A spokesman Andy Aldridge said the move to company sites on Paper...

Community Foundation buys Historical Society building in Lewes

The Delaware Community Foundation (DCF) has purchased 302 Savannah Road in Lewes from the Lewes Historical Society. Built in 1898, the 3,485-square-foot structure is in the town’s Historic Business District. “This property offers us a...

Personnel File: Feb. 22, 2024

Delaware Restaurant Association elects officers The Delaware Restaurant   announced a  new slate of Executive Committee officers for 2024. Jeffrey Gosnear of Grotto Pizza will serve as 2024 Chairman of the Board of the DRA, with previous Chairman Gianmarco...

Harker on the economic outlook: We are in the final mile of the marathon

by Patrick T. Harker  The following are prepared remarks made by the President of the Federal Reserve Bank of Philadelphia at the annual Lyons-University of Delaware economic forecast. The views expressed here are solely those of...

Milford states its case in land acquisition controversy as action is later dropped

The City of Milford has responded to the "billboard controversy" over acquiring land for recreational use. The council, after the city statement was posted, dropped the action after strong public opposition, Milford Live and other...

The Mill cuts ribbon on expansion at Market West in downtown Wilmington

The Mill recently marked the completion of a recent expansion of its coworking space at Market West, 221 W Tenth St. in downtown Wilmington. The 38,000-square-foot expansion makes The Mill one of the largest coworking spaces in the Greater Philadelphia market. The expansion was...

Delaware airline Avelo posts profit in 4th quarter

Avelo Airlines moved into the black in the fourth quarter. The 16-jet privately-held carrier did not provide a specific number but issued the following; In 2023, Avelo flew 2.3 million customers,...

Man seriously issued in Millsboro industrial accident

Delaware State Police are investigating an industrial accident that seriously injured a worker. On Tuesday, troopers were dispatched to WWC III Trucking, at 34564 Pear Tree Road in Millsboro, Before troopers arrived, a...

Fire causes $75,000 damage at Rising Sun auto repair shop

The Maryland Fire Marshal's Office reported a fire at Kustom Auto Repair caused $75,000 damage on Wednesday morning. Two garages and contents were damaged in the blaze, which was brought under control in 20...

WilmingtonMADE assistance program returns in 2024

Wilmington Alliance has announced the continuation of its WilmingtonMADE Program. In 2023, 24 Wilmington-based small businesses received free direct marketing or back-end services, and nine small business workshops were held. Wilmington Alliance has committed...

Newmark – Signs point to a stabilizing office leasing market

The northern Delaware office vacancy rate is showing signs of stabilizing as of the end of 2023. That was the finding of a quarterly report from the commercial real estate firm Newmark. It mirrors an...

Beebe Medical Foundation receives $6 million gift from Abessinios

The Beebe Medical Foundation announced that it had received its second-largest philanthropic gift in Beebe Healthcare’s 108-year history from bank owner Rocco and Mary Abessinio and their family. Beebe Healthcare will name its...

Chancery rules in favor of CEO’s plan to move corporate charter to Nevada

Online travel company TripAdvisor can move its corporate charter from Delaware to Nevada. In a closely watched suit, Vice Chancellor Travis Laster ruled that the shareholder could not prove that moving the domicile would...

Harvey Hanna buys Rehoboth’s Crosswinds Motel

Harvey, Hanna & Associates, Inc. has purchased the Crosswinds Motel at 312 Rehoboth Ave. in Rehoboth Beach. Terms were not disclosed. The 23-room Crosswinds Motel opened in 1998. Harvey Hanna will renovate the...

Trial for AstraZeneca’s lung cancer drug Tagrisso points to increased survival rate

A late stage trial pointed to AstraZeneca’s Tagrisso prolonging the lives of patients with a type of lung cancer. Overall survival data showed a favorable trend for Tagrisso, although data were not...

Capital One plans to acquire Discover in $35 billion deal

 Capital One Financial Corporation and Discover Financial Services announced that they have entered into a definitive agreement under which Capital One will acquire Discover in an all-stock transaction valued at $35.3 billion. The deal is subject to regulatory and...
Advertisement