In $1.2 billion deal, Georgia dealer giant buys Koons Automotive, owner of Delaware Lexus...

Asbury Automotive Group, Inc., one of the nation's largest automotive retail and service companies, signed a definitive agreement to acquire Jim Koons Automotive Companies, the...

Amazon to add 3,000 workers in holiday hiring push as the company releases...

Amazon is hiring 250,000 employees throughout the U.S. in full-time, seasonal, and part-time roles, with 3,000 of those positions based in Delaware. This week, Amazon...

Delmarva asks for 18% cut in natural gas supply charge

Citing decreasing prices for natural gas, Delmarva Power applied for approval from the Delaware Public Service Commission to lower its supply charges for gas...

Former Mountaire president Pogge dies

Mountaire has announced the death of former president and board member David Pogge on Aug. 26. Pogge led the poultry processing and feed company...

WSFS names interim CFO after announced departure of Canuso

Wilmington-based WSFS Financial Corporation  named  Arthur J. Bacci, Executive Vice President and Chief Wealth Officer of WSFS Financial Corporation to also serve as Interim Chief Financial...

Private equity firm buys bulk of DuPont’s Delrin business for $1.25 billion

DuPont announced a definitive agreement to sell an 80.1% ownership interest in the Delrin  business  to TJC LP (TJC). TJC has received fully committed...

Update: Yellow gets a $1.5 billion offer from motor freight competitor Old Dominion

Old Dominion Freight Lines Friday submitted a higher bid for terminals of troubled carrier Yellow, Freight Waves reported. The North Carolina-based freight line...

Chestnut Run developer secures $63 million in debt-based financing

Two area lenders have agreed to provide financing for the redevelopment of a former DuPont site. MRA Group, a privately held real estate development...

Chesapeake Utilities reports lower earnings

Chesapeake Utilities Corporation, Dover,  reported lower net income for the second quarter and first half of 2023 due to warmer temperatures and...

Artesian reports lower earnings despite period of dry weather

Artesian Resources Corp. reported lower earnings in the second quarter, with expense growth outstripping revenue. Arteisan, based new Newark, has filed to increase rates. Its...

Frankmobile pays visit to Newark

The Oscar Meyer Frankmobile, formerly known as the Weinermobile, has been spotted around Newark. Versions of the vehicle from the lunchmeat maker have survived a...

My take: Remembering Yellow and its orange trucks as bankruptcy case heads to...

I have long been fascinated by the rough-and-tumble trucking industry. It goes back to my childhood when Time, Leeway, Transcon, Hopper, and Thunderbird big rigs...

My take: Missing out on savings from our low gas tax

Good evening, As I have noted occasionally,  legislators take pride in  Delaware’s low 23-cent-a-gallon state gas tax. Thanks to cost of living formulas in other states,...

Chemours posts loss after ‘forever chemicals’ settlement

Company closing Taiwan titanium dioxide plant; CEO cites solid performance as company issues dividend Wilminigton-based Chemours Company posted a second-quarter loss, due to a...

Delaware jobless rate holds steady at 4.2%

Delaware’s seasonally adjusted unemployment rate in June remained unchanged from a month earlier at 4.2%, above the national figure, the Delaware Department of...

Incyte’s skin condition cream shows positive results in late-stage children’s trial

Incyte reported positive results from a ruxolitinib cream (Opzelura) study in children 2-12 with atopic dermatitis (AD). The study showed significantly more patients...

Sen. Coons co-sponsors bill aimed at helping indie refineries deal with costly RIN ethanol...

U.S. Sens. Chris Coons, D-DE, and Bob Casey, D-PA, joined with House members in New Jersey and Pennsylvania in sponsoring legislation aimed at...

Software company announces headquarters shift from Delaware to New Orleans

360insights, a global software company, announced it is relocating its U.S. headquarters from Delaware to New Orleans while expanding its current technology workforce. The company...

St. Louis company acquires Bear-based Standard Pipe Services

  Aegion Corporation , a  provider of infrastructure maintenance, rehabilitation, and technology-enabled water solutions, announced the acquisition of Standard Pipe Services, a provider of trenchless...
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