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Friday, January 17, 2020

10 small businesses receive EDGE Grants

A bio-based materials company, a maker of wearable medical sensors, and a bakery-café were among the 10 Delaware small businesses named   as recipients  of the second round of EDGE Grants from the state...

Housing fund announces $1 million in funding for two dozen homes

Seven   housing projects statewide will receive $1 million from Delaware’s Housing Development Fund. The HDF, Delaware’s housing trust fund, was created for the purpose of providing affordable low and moderate-income households. Nonprofit developers or...

Beebe to anchor medical pavillion in Milton

Phoenix RHCS Holdings announced  the new Jerry Ann McLamb Medical Pavilion in Milton. The two-building pavilion in Sussex County will be anchored by Beebe Healthcare. Rick Schaffer, Acting Interim CEO  of Beebe Healthcare, stated:  “Beebe will be establishing a coordinated Milton campus where we will...

Encouraging signs appear in office leasing market despite the addition of Bank of...

While the big office space leasing story in 2019 came with Bank of America's withdrawal from 500,000 square feet of space in downtown Wilmington, the firm of Newmark Knight Frank saw a number of...

Gas prices drop as Iranian tensions ease

Following a week of uncertainty surrounding Middle Eastern   tensions, Delaware reported the sharpest drop in the region in gas price, Wilmington-based AAA Mid-Atlantic reported. Pennsylvania gas average at $2.81 today, down a penny overnight...

Office cleaners say new contract raises pay to $15 an hour

Commercial office cleaners say they have reached an agreement on a four-year contract that will raise pay to $15 an hour. The 800 members of Service Employees international Union clean offices in downtown Wilmington and...

Duckpin bowling, arcade and food spot to replace Ernest & Scott in...

Buccini/Pollin Group, Inc. (BPG) is bringing a small pin  bowling alley and arcade at the  site of the Ernest & Scott Taproom at 902 N. Market St. in downtown Wilmington. The 5,700 square foot space,...

Gerret, Tatiana Copeland win Chamber’s Marvel Cup

The Delaware State Chamber of Commerce awarded the Josiah Marvel Cup Award to philanthropists, Gerret and Tatiana Copeland on Monday night. The award was  presented at the Chamber’s 183rd Annual Dinner. The event, held at...

Philly Fed index forecasts shrinking Delaware economy in 2nd quarter

Delaware is one of nine states that could see its economy shrink in the second quarter, according to a report from the Federal Reserve Bank of Philadelphia. The information came from the  Philadelphia  Fed’s leading...

Delmarva Power plans to file rate hike request this year

Delmarva Power plans to file for a rate increase for natural gas and electric customers. On Dec. 20, the Exelon utility  informed the Delaware  Division of the Public Advocate on their "intent to file an...