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Tuesday, August 20, 2019

Barclays  executive named CEO of Delaware, US banks

This week, Barry Rodrigues was named CEO of Barclays Bank Delaware and Head of Barclays US Consumer Bank. This is in addition to his current role as CEO of Barclays Cards & Payments. Rodrigues has more...

Sallie Mae reports stronger second quarter earnings

Sallie Mae reported higher earnings in the second quarter. The student lender,  based in the Stanton-Christiana area south of Newark,  has a customer service site in the New Castle area. Shares of Sallie Mae were trading...

Trending From WHYY: Del. bankruptcy court judge approves $65 million loan for Philly refinery

Delaware U.S. Bankruptcy Court Judge Kevin Gross approved a request by Philadelphia Energy Solutions for a $65 million loan from debtor-in-possession financing Tuesday, as the company’s Chapter 11 case opened in Wilmington. The company says...

Philadelphia refiner visits Delaware bankruptcy court for second time

PES Energy Inc. its principal operating subsidiary, Philadelphia Energy Solutions Refining paid a second trip to U.S. Bankruptcy Court in Wilmington  Monday for what the company CEO said is a bid to allow the...

Del. Valley sees nation’s fastest employment  growth based on job openings

Pay gains remain tiny, GlassDoor report indicates The Philadelphia metro area showed the strongest growth among large metropolitan areas, based on the number of job openings, although pay gains remain modest. The report came from GlassDoor...

Duke Energy buys Bloom Energy fuel cells totaling 37 megawatts

Another Southern utility company is partnering with Bloom Energy. Bloom, based in San Jose, CA,  operates a production site in Newark.  Financial terms were not disclosed.  Early this month, a  subsidiary of Duke Energy, Charlotte,...

Trending: Delaware City Refining agrees to $950,000 in penalties in settlement with state

The Department of Natural Resources and Environmental Control (DNREC) announced it has signed a settlement agreement with the Delaware City Refining Company, LLC   Delaware City Refining is part of PBF Energy, the operator of...

Overstock.com ordered to pay $7.2 million in damages for unclaimed property law...

Online giant Overstock.com has been ordered to millions of dollars in penalties for violating a Delaware law on gift cards. A New Castle County Superior Court Jury determined ruled against overstock and in favor of...

Top trending: Class action pension suit filed against Corteva, DuPont

A class-action lawsuit has been filed in U.S. District Court for Northern California over pensions for retired DuPont Co. workers. The suit follows the DowDuPont merger and later spin-off into three companies, Corteva, DuPont and...

Giving Back: Nationwide, WSFS, Farm Bureau, Grotto Pizza

Nationwide, Farm Bureau team up on grain bin rescue tool  Nationwide insurance and the Farm Bureau helped in bringing a grain bin rescue tool to Harrington firefighters. This year, Nationwide opened its program up to those...