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Sunday, March 24, 2019

Md. gets $20 million for new I-95 interchange for Amazon, other companies

Maryland’s congressional delegation was successful in efforts to obtain $20 million in funding for Interstate 95 interchange that will improve access to a growing distribution center in the Perryville area. The U.S. Department of Transportation...

Linde, Delaware City refinery owner team up for $100 million hydrogen plant project

Linde and PBF Energy broke ground yesterday for a new $100 million-plus hydrogen plant that is being built in Delaware City in partnership with PBF subsidiary Delaware City Refining Company. Investments by Linde and Delaware...

Gasket suspected in leak that shut down Del. Memorial Bridge

Croda reported Tuesday that   a leak of ethylene oxide at its Atlas Point plant near the Delaware Memorial  Bridge was likely caused by a gasket installation problem. "Initial findings show that the leak was due...

DuPont CEO Breen to be honored for ‘corporate reinvention’

The Chemical Marketing and Economics (CME) group of the American Chemical Society’s New York Section,  will honor  Edward D. Breen CEO  of DowDuPont.  Breen will receive the Leadership Award for Historic Corporate Reinvention on December...

Delaware’s gas prices drop again over the weekend

Delaware drivers heading home from the holiday trip found lower prices at the pump compared to when they filled up before their holiday trip, Wilmington-based AAA Mid-Atlantic reported. The price at the pump in Delaware dropped...

Chemours slated to pay $13 million under North Carolina consent decree

Chemours slated to pay $13 million under consent degree in North Carolina. North Carolina environmental officials announced the publication of a proposed consent order between the Department of Environmental Quality (DEQ), Cape Fear River Watch and Chemours. The...

Updated: Navient stock partially recovers in aftermath of Associated Press story

Navient has responded to an Associated  Press story on the loan practices of the company. The story,   citing, a federal report, claimed the Wilmington-based company, among other things,  moved borrowers having trouble paying student loans into...

$210 million settlement okayed in Wilmington Trust shareholder case

The eight-year shareholder lawsuit involving the collapse of Wilmington Trust may be near an end with a  U.S. District Court okaying a  $210 million settlement coming out of U.S. District Court in Delaware. According to...

David’s Bridal files for Chapter 11 in Delaware

David’s Bridal  has filed for Chapter 11 in Wilmington  as the company works to reduce its debt load. A tuxedo-clad   CEO Scott Key spoke  in a  video in making the announcement. Key said the company had...

Giving Back: Bank of America, Chase, M. Davis, Comcast Mountaire, Nickle, Nobles Pond,...

Year Up gets $200,000 grant from Bank of America  Bank of America last week Year Up Wilmington, with a two -year, $200,000 grant. Year Up Wilmington strives to eliminate the opportunity divide by providing young adults...