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Thursday, February 21, 2019

Gas prices up slightly as signs point to OPEC production cuts

Prices around the region were up slightly over last week as crude oil prices continue to climb and refineries prepare for spring maintenance, Wilmington-based AAA Mid-Atlantic reported. Delaware's gas price was up a penny for...

WSFS, Beneficial merger moves a step closer as regulator OKs deal

WSFS Financial Corporation announced that its primary subsidiary, WSFS Bank, received approval from the Office of the Comptroller of the Currency (OCC) to merge Beneficial Bank, the primary subsidiary of Beneficial Bancorp, Inc., Philadelphia  WSFS and Beneficial expect to close...

Payless Shoe Source to close 2,100 stores

USA Today and other news outlets are reporting that Payless Shoe Source will close 2,100 stores in the U.S. after an earlier bankruptcy filing failed to lead to a turnaround of the retailers. A mainstay in...

Newark needs to get moving on parking issue

Good afternoon everyone, Last week Oxford, PA of all places, broke ground on a parking garage. The project is part of a continuing for the Chester County town that is seeing signs of a turnaround of...

Business people: Feb. 15, 2019

(Send your personnel news items to drainey@delawarebusinessnow.com) World Trade Center announces consultant  additions The World Trade Center Delaware  added consultants to its staff: Dinette Rivera  joined the WTC Delaware in 2019 as a senior business consultant. Speaking...

Chemours receives violation letter from the Environmental Protection Agency

The Environmental Protection Agency has filed a notice of violation to the Chemours Co. for its sites in Fayetteville, NC and the Washington Works in West Virginia The violations were made in connection with the Toxic...

Chemours reports higher earnings for 2018

Wilmington-based  Chemours Company announced higher earnings for the fourth quarter and 2018, despite some headwinds in its titanium business.  "Our results for the fourth quarter and full year 2018 reflect the strength of the full...

Intellitec Solutions moving to new location

Intellitec Solutions, LLC announced its offices will move from Wilmington to a new location near  Newark effective Feb. 18th. Intellitec Solutions will operate out of the Iron Hill Corporate Center at 750 Prides Crossing, Suite...

Delaware income growth slightly below national average

Income growth in Delaware was slightly below the national average through the third quarter of this year. The Tri-State Tracking report from the Federal Reserve Bank of Philadelphia showed that personal income grew by 3...