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Friday, May 29, 2020
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DuPont reports strong 4th quarter, announces stock buyback

DuPont  reported strong earnings in the fourth quarter. Operating earnings for the global company based in Wilmington  were $.59 per share compared to $.20 per share in the prior year.  Earnings  from continuing operations were...
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Hagley Digital Archives sets visitor record

Hagley Museum and Library, based near Wilmington, saw a record visitor count for its digital archives in 2013 with 131,144 Hagley’s Digital Archives is an online selection of images, documents and publications from the...
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Foes appeal clean-up ruling that could clear way for $100M poultry plant

Protecting Our Indian River and Inland Bays Foundation, with the assistance of a Widener University law clinic, has filed an appeal with the Delaware Environmental Appeals Board on the proposed $100 million Allen...
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Auction ordered for Fisker assets

WHYY Newsworks reported that U.S. Bankruptcy Court in Delaware has ordered an auction of assets of Fisker Automotive after two Chinese companies worked to acquire the federal loan for the company. Fisker fell victim to...
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AstraZeneca, Bristol get FDA Ok on diabetes drug

  mazemet / Foter.com / CC BY-NC-SAAstraZeneca and Bristol-Myers Squibb Company announced the US Food and Drug Administration (FDA) approved FARXIGA (dapagliflozin). The drug is used to treat type 2 diabetes. No further details were released,...
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Mixed picture emerges from Philly Fed report on Delaware economy

The Federal Reserve Bank of Philadelphia has issued its first monthly economic tracking report for Delaware. The report shows a lower unemployment rate and a shrinking labor force. The report, which uses charts and...
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Cooper Tire abandons merger with Apollo

  Mykl Roventine / Foter.com / CC BY-NC-SACooper Tire & Rubber Company announced it has terminated the merger agreement with India-based  Apollo Tyres. Cooper and Apollo had been wrangling over a merger with Apollo seeking to...
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CarMax opens first Delaware location in Newark

CarMax has opened its first Delaware operation in Newark. The multi-million dollar site  was built at 2070 Stafford Way, off Ogletown Road. The location has 56,000 square feet, occupies more than 22 acres, employs nearly 90...
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DuPont says it has met most of its sustainability goals

DuPont announced it has achieved most of its 2015 sustainability goals three years ahead of schedule and have made substantial progress toward the rest. “At DuPont, sustainability is a business growth strategy that has been...
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Updated: Study sees millions of dollars of tax benefits, thousands of construction jobs from...

A study, commissioned by The Data Centers Inc., says construction of the $1.1 billion project on the University of Delaware STAR campus will generate millions of dollars in tax revenue and create thousands of jobs. The...