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Saturday, January 23, 2021
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DuPont, Dow reported to be in late-stage talks on merger

The Wall Street Journal is reporting that chemical giants DuPont and Dow are in the latter stages of merger talks. The Journal reported the transaction would involve combining the companies and then spinning off businesses...
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DuPont director wins sustainability award

DuPont  announced  that Dawn Rittenhouse, director of sustainable growth, has been awarded one of Green Building & Design’s (gb&d) Women in Sustainability Leadership Awards. gb&d. Rittenhouse is based in Wilmington. The magazine  created the awards to...
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SevOne cuts ribbon on technology and innovation center

In a story that illustrates the close-knit nature of  Delaware, Gov. Jack Markell revealed his ties to the co-founder of the fast-growing technology company SevOne. SevOne co-founder Ves Bakalov was a teen-ager when his family...
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JPMorgan Chase gets council OK for $10.5 million state financial package

The Delaware Council on Development Finance approved a $10.5 million financial package for JPMorgan Chase and Co. The financial services giant sought an amount up to $9 million to upgrade and refurbish existing facilities in...
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Delaware refinery owner PBF reports higher earnings

The Sierra Club / Foter.com / CC BYFast-growing Delaware City Refining Co. owner PBF Energy Inc reported higher third quarter 2015 operating Income, excluding special items, of $298.4 million as compared to operating Income...
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Interim DuPont CEO sees room for more cuts

DuPont’s new interim CEO did not rule out the sale or split off of operations in his first earnings conference call. Edward Breen said  he will keep an open mind in finding ways to improve...
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Naviant acquires health care payments company

Navient, Wilmington, announced that it is moving into the fast-growing health care payments sector with the acquisition of Xtend Healthcare. The acquisition was completed Oct. 20. Based in Hendersonville, TN., Xtend is one of the...
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Chase, Disney rolls out Star Wars credit cards

Want to carry Darth Vader in your wallet? Wilmington-based Chase Card Services added  three new credit cards for    Disney Visa credit card accounts. Cardmembers will be able to carry the new double-sided card designs featuring...
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(Update) Former Wilmington Trust President Harra pleads not guilty

Former Wilmington Trust President, Robert V.A.  Harra and  other executives have been indicted on  federal charges related to concealing information on bad loans that eventually led to the sale of the landmark financial institution. Click on...
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Bloom Energy secrecy fuels ongoing criticism

Doug Rainey for WHYY Newsworks Click here for the full essay. Last week, Bloom Energy and Exelon announced an agreement to develop 40 megawatts of fuel cell capacity. The project will include an impressive 170 installations...