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Saturday, October 16, 2021

Pandora Papers shine a spotlight to South Dakota

Good afternoon, It wasn't good news for a Danish jewelry company or the radio app with the same name when the International Consortium of Investigative Journalists released details on the Pandora Papers. The project's name comes...

Carney announces $50 million in workforce development funding

Governor John Carney and Lt. Governor Hall-Long joined private sector leaders at Delaware Technical Community College (DTCC) on Tuesday to announce a $50 million investment in workforce development. Funding includes an  expansion of the...

Stockbridge retires at Delmarva Power as Atlantic City Electric executive takes the helm

Longtime Delmarva Power Region President Gary Stockbridge is retiring after a 37-year career. Pepco Holdings, which includes Atlantic City Electric and Delmarva Power,  named Doug Mokoid as its new Vice President of Governmental and External...

Bloom to build hydrogen servers at Newark site

Bloom Energy  announced the commercial availability of its Hydrogen Energy Servers The servers will be assembled at the company's site in Newark. Bloom is based in San Jose, CA. The hydrogen system uses technology similar to...

Report outlines growth, potential of state’s life science industry

A  report on the Delaware life sciences industry outlines the sector's growth and potential.   Produced by Delaware Prosperity Partnership (DPP) and the Delaware BioScience Association (Delaware Bio), the study, "Life Sciences in Delaware: Momentum and...

Wilmington-based Navient plans to exit fed student loan servicing business

Wilmington-based Navient and Maximus announced the companies have signed an agreement to transfer the loan servicing for U.S. Department of Education-owned student loan accounts from Navient to Maximus, subject to government approval. The portfolio would...

Update: Monsanto successor Bayer says AG’s lawsuit appears to be ‘without merit’

Delaware Attorney General Kathy Jennings filed a lawsuit this week against Monsanto and two corporate spinoffs. The lawsuit seeks to recover damages and cleanup costs associated with polychlorinated biphenyls (PCBs), which Monsanto manufactured for decades. Also...

M&T adds Spanish-language website

M&T Bank recently launched a new Spanish-language version of the website. As part of the change, M&T has designated some branches as "multicultural," meaning those branches have bilingual staff and resources that reflect the other...

Gas prices remain above $3 a gallon

Despite a decline in crude oil prices, the price at the pump remained above $3 a gallon on Tuesday morning, Wilmington-based AAA-Mid Atlantic reported. Delaware's average gas price rose to $3.07, up eight cents during...

Delaware’s August jobless rate declines slightly to 5.4%

Delaware’s seasonally adjusted unemployment rate in August dropped to 5.4%, from 5.6% in July. The Delaware Department of Labor reported 26,400 unemployed Delawareans in August compared to 38,600 a year ago. The nation's unemployment rate was...
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