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Monday, May 10, 2021
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Pharma company Incyte reports higher earnings in first quarter

Incyte reported growing revenues as its blockbuster drug Jakafi on its way to more than $1.5 billion in annual revenue. Incyte is based near Wilmington. Highlights  Total product and royalty revenues of $605 million in...
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Chemours posts higher earnings as economy strengthens

The Chemours Company, Wilmington, reported higher earnings in the first quarter Highlights Net Sales of $1.4 billion, up 10 percent year-over-year Net Income of $96 million. Adjusted Net Income of $120 million with Adjusted EPS* of $0.71 ...
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Artesian Resources posts small increase in net income

 Artesian Resources Corporation reported slightly higher earnings in the first quarter. Artesian is based near Newark.  Net income for the three months ended March 31, 2021, was $4.2 million, up to $100,000  or 3.2 percent for...
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Delaware ranks third in corporate tax climate study

Delaware ranks among the top three states nationwide for its corporate tax climate, according to a new report by the Tax Foundation and KPMG. The Delaware Prosperity Partnership and the Delaware Business Roundtable served on...
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Biden joins Amtrak’s 50th anniversary event in Philadelphia

President Joe Biden joined Amtrak executives for a Friday ceremony marking the half-century mark for the government-owned passenger railroad Streamed live from Gray 30thStreet Station in Philadelphia, the ceremony highlighted the contributions of Amtrak employees...
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From the Delaware Public Archives: The nylon revolution

https://www.facebook.com/DelawarePublicArchives/photos/a.10151218634131995/10159640069586995/  
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Delaware hydrogen start-up selected for Shell-backed GameChanger accelerator

 Versogen,  formerly known as W7energy, joins the fourth cohort of companies to participate in the invitation-only Shell GameChanger Accelerator Powered by NREL (GCxN). The company is based in the Delaware Innovation Space at the DuPont...
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34% of Delaware’s population has received at least 1 dose of Covid vaccine

According to Sunday  figures from the state's vaccination tracker, more than 34 percent of Delaware's population has received at least one dose of coronavirus vaccine. The Delaware Division of Public Health reported thet a half...
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Dover Downs owner Bally’s agrees to buy UK online gaming company for $2.7...

Dover Downs owner Bally’s Corporation and UK-based  Gamesys Group plc announced that they had reached an agreement in principle calling for Bally’s to require the online gaming company. Rhode Island-based Bally's has been building what...
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WSFS to acquire Bryn Mawr Bank in $976 million stock deal

  Wilmington-based WSFS Financial Corporation and Bryn Mawr Bank Corp. signed an agreement with WSFS Bank acquiring the smaller suburban Philadelphia bank and wealth management company in a $976.4 million stock deal. WSFS is expected to...