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Saturday, October 12, 2019

Delmarva gets OK for home energy efficiency programs

The Delaware Public Service Commission gave the go-ahead to  Delmarva Power’s plan to provide a suite of energy efficiency programs for residential electric customers in Delaware. The program includes  hauling off old refrigerators while  paying...

Attorney General outlines reasons for rejection of Purdue opioid settlement

Delaware Attorney General Kathy Jennings issued a response to a rejected settlement with opioid maker Purdue and the Sackler family, which owns the company. Earlier this week, Delaware filed suit against the Sacklers. "A majority of states...

Citizens for a Pro-Business Delaware to air ads during Thursday’s Dem debate

Citizens for a Pro-Business Delaware plans to air TV ads during Thursday's Democratic Primary Debate. The group is calling for reforms to Chancery Court and earlier announced a  door-to-door campaign. "Our message is echoing throughout Delaware...

DuPont sells semiconductor compound business to South Korean company for reported $450 million

DuPont Electronics & Imaging signed an agreement to sell its Compound Semiconductor Solutions business to SK Siltron, a silicon wafer supplier to the semiconductor market, based in South Korea. The sales price was listed at $450...

Former DuPont company Endo settles northern Ohio opioid cases

A company with ties to DuPont’s former pharmaceutical operations has settled northern Ohio cases over its opioid practices. Endo International announced that its subsidiaries Endo Pharmaceuticals Inc., Endo Health Solutions Inc., Par Pharmaceutical, Inc., and...

DuPont lists commitments in dealing with PFA chemicals

DuPont has issued a set of commitments regarding health and environmental impacts of per- and polyfluoroalkyl substances (PFAS). The commitments represent both new and strengthened positions on sustainability and environmental and chemical stewardship, the company...

Pilot Freight opens new headquarters near Delaware line

Pilot Freight Services has moved into  new global headquarters at 2 Braxton Way in Glen Mills, PA. The building is about five miles north of the Delaware border. The privately held company has annual sales...

Update from the C-suite: Shareholders no longer come first

Good afternoon everyone, Gaining lots of attention this week was a statement signed by 181 CEOS who shifted gears on the long-held stance. The new Statement of Purpose of a Corporation from the Business Roundtable was signed...

WSFS pays $85,265 over not informing insurers about loan servicing changes

WSFS Bank agreed to a penalty from the Office of the Comptroller of the Currency over not informing flood insurance carriers about a change of servicing of a mortgage.   The Consent Order cited a violation...

Gas prices stay down as gas supplies build and trade war fears persist

Delaware Valley drivers continue to get a break at the pump as prices dropped for another week. Delaware gas prices dropped four cents over the past week.   Sunday (Mon.) Saturday Friday Pennsylvania $2.78 (Mon.) $2.79 $2.80 New Jersey $2.68 (Mon.) $2.69 $2.70 Delaware $2.39 (Mon.) $2.39 $2.39 Maryland $2.53 (Mon.) $2.54 $2.54 Philadelphia (5-county) $2.83 (Mon.) $2.84 $2.85 South...