Giving back –  Sallie Mae, Spicer-Mullikin, Bank of America Navient Foundation

Sallie Mae makes $50,000 contribution to Big Brothers Big Sisters Sallie Mae announced a $50,000 contribution from the company’s charitable arm, The Sallie Mae Fund,...

Belchim Crop Protection on growth track in land of the giants

Tom Wood abstained from a vote on a location for a Belgium crop protection company’s U.S. headquarters. But he admits to being pleased when a...

American Airlines to add seasonal flights to smaller European cities in 2019

American Airlines will begin seasonal service between the Delaware Valley and four new European cities in 2019. The cities are  Berlin, Bologna, Dubrovnik, and Edinburgh.  When...

Finance panel to review Delaware assistance for chemical, food companies

The Delaware Council on Development Finance will review  $5 million in grant requests from two corporations at a meeting next week. Solenis, LLC is seeking...

DowDuPont agriscience business defends use of insecticide

Court of appeals rejects move by former EPA chief Pruitt to rescind  plans by Obama administration to ban Chlorpyrifos The U.S. Court of Appeals has overruled an effort...

Ashland offers more details on headquarters move

Ashland  has offered more details on moving its headquarters to Wilmington in early 2020. The company announced this week it will relocate the general offices...

Strong earnings reported by DowDuPont

DowDuPont, Wilmington and Midland, MI,  posted sharply higher earnings in the second quarter as the company moves toward a planned spinoff into three entities. GAAP...

Chemours posts sharply higher earnings in second quarter

Chemours Co.,  Wilmington,  appeared to be firing on all cylinders in the second quarter. "Our performance this quarter was truly a team effort, resulting in...

Exelon Generation sells NJ nuclear power plant slated for closing

Kennett Square, PA-based Exelon Generation and Holtec International, a specialist  in used nuclear fuel management technologies,  announced an agreement for Holtec to purchase Oyster...

Updated: Ashland to move headquarters to Wilmington

Delaware is poised to get another headquarters for a Fortune 500 company. Ashland will move its headquarters from the Blue Grass State to Wilmington effective...

Bancorp reports lower earnings in second quarter

The Bancorp, Inc.,  north Wilmington, reported lower earnings for the second quarter. Damian Kozlowski, The Bancorp’s CEO,  said, “The sale of our Safe Harbor IRAs...

EPA settles with DuPont on safety issues related to Texas mishap that killed 4

The  Environmental Protection Agency and the U.S. Department of Justice have entered into a Stipulation of Settlement with DuPont to address alleged accident prevention...

Dover Motorsports posts solid second quarter, despite lower race revenues

Dover Motorsports, Inc. reported higher earnings in the second quarter, thanks to a NASCAR weekend and the Firefly Music Festival. The company hosted a NASCAR triple-header...

Wilmington-based Navient reports higher core earnings in second quarter

Wilmington-based Navient reported higher core earnings as it wrestles with student loan scrutiny Navient reported core earnings for the second quarter of  $131 million compared...

Navient hires executive for San Francisco fintech company

Wilmington-based Navient has hired Susan Ehrlich as the new chief executive officer to lead San Francisco-based subsidiary  Earnest. Ehrlich is a  financial technology (fintech)  executive with...

DuPont Safety strikes alliance with maker of temperature controlled containers for food, pharma...

DuPont Safety & Construction a business unit of DowDuPont Specialty Products Division and the manufacturer of  DuPont Tyvek brand  thermal cargo covers; and SkyCell,...

European crop protection company locates U.S. offices to Little Falls

European crop protection company  Belchim is moving its U.S. headquarters to the Wilmington area. The stage was set for the move earlier this year when...

TransPerfect reports record revenue after court clears way for co-founder to buy...

TransPerfect  announced  that billed revenue for the first half of 2018 exceeded $337 million which marks nearly 20 percent growth over $282 million in the same period...

Navient to fight California lawsuit over its collection practices

Navient CEO Jack Remondi came out swinging in denouncing a lawsuit announced by California Attorney General Xavier Becerra. The allegations are unfounded, and the lawsuit...

Archer Daniels, DuPont look for way to squeeze more ethanol out of corn kernels.

Archer Daniels Midland Company and DuPont Industrial Biosciences announced a collaboration to develop, produce and market corn cellulase enzymes for operators of grain-based ethanol...
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