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Wednesday, December 12, 2018

WSFS shareholders OK Beneficial merger

WSFS Financial Corporation  stockholders overwhelmingly approved the previously announced merger of Beneficial Bancorp, Inc. Beneficial stockholders approved the merger at a special meeting of stockholders on December. The bank is based in Philadelphia. WSFS is...

Canes still rule in Delaware ranking of top Christmas Christmas candy

Candystore.com reports that candy canes rank as the most popular holiday offering in Delaware, followed by Reindeer Corn and Hershey's Kisses. Source: CandyStore.com.The wholesaler reported the following trends: - Last year, Reese’s Cup Minis, a...

Chase opens first Delaware branch in Wilmington

Early this month, Chase opened its first Delaware branch at its high-rise site on North Walnut Street in downtown Wilmington. The branch comes with digital capabilities with an open format, including a living room space...

Former state Supreme Court justice, corporate law expert Andrew Moore, 83

Andrew G.T. Moore II, retired Justice of the Supreme Court of Delaware and a leading figure in Delaware corporate law cases, died  on Monday. He was 83 years old.The announcement was made by Gibbons...

Ground broken on first phase of 350-unit apartment complex at former Bancroft Mills site

Louis J. Capano III of Capano Residential and Wilmington Mayor Mike Purzycki participated in a groundbreaking ceremony for a new 346-unit apartment development complex in Wilmington’s newest community of Rockford Falls. The new apartments will...

W7Energy wins first FastPass innovation award

W7Energy has been named the winner of the first  University of Delaware   FastPass Award. This award grants W7Energy an equity free start-up package, including operational and financial support valued at $50,000, and is provided by...

River & Bay gets $22M grant to help protect Memorial  Bridge from ship damage.

Delaware’s congressional delegation announced that the Delaware River & Bay Authority will receive a $22.5 million federal grant that will help  protect the Delaware Memorial Bridge. The DRBA is a two-state agency that operates the...

Delaware could see slight decline in Nov. jobless rate

Delaware could see a slightly lower unemployment rate for November. The Federal Reserve Bank of Philadelphia’s Nowcast reported the jobless rate in the state could drop to 3.8 percent. The Philadelphia Fed also sees unemployment rates...

State Police report email cell phone scam

Delaware State Police are reporting a scam call that makes reference to  technology upgrades for smartphones. Troopers received a complaint from a citizen in Kent County concerning a phone call from an individual claiming to...

Maryland physician pleads guilty and agrees to pay millions to resolve bank loan,...

Maryland  physician Dr. Zahid Aslam and Fast Care Medical Aid Unit has  pleaded guilty in Delaware to Making a False Statement to a Financial Institution and Health Care Fraud and agreed to pay $3...