State announces extension of business tax deadlines
The Delaware Division of Revenue (DOR) confirmed the deadline for taxpayers to file their 2019 Delaware personal income tax returns has been extended to July 15, 2020.
The division and the Internal Revenue Service remain...
Delaware Division of Revenue extends business, personal tax deadlines to July 15
The Delaware Division of Revenue announced that the deadline for taxpayers to file their 2019 Delaware personal income tax returns has been extended to July 15.
The decision comes as a response to the coronavirus...
Dividend yields rise as market falls
Good afternoon everyone,
Yesterday’s brutal day on Wall Street led to some interesting situations for companies with a local presence.
Delaware City refinery owner PBF Energy’s shares at one point were showing an eight percent dividend...
AARP poll: Majority of Delawareans worry about having enough money for retirement
More than six in ten Delawareans feel anxious about having enough money for retirement. That's one of the findings from a recent AARP Delaware statewide survey of registered voters in Delaware, ages 25-64.
Only 13...
Arden acquires Northwestern Mutual’s trust business
Arden Trust Company (Arden Trust), a limited purpose trust company under the ownership of Kestra Financial, Inc. announced its acquisition of a $400 million trust business from Northwestern Mutual, of Milwaukee.
Headquartered in Wilmington, Arden Trust...
Former Cecil Bank CEO indicted on fraud, bribery charges
A federal grand jury has indicted the former President and CEO of Cecil Bank, Elkton, MD.
Mary Beyer Halsey, 59, of Rising Sun, MD faces federal charges of conspiracy to commit bank fraud, bank fraud,...
M&T wins 13 business banking excellence awards
Greenwich Associates has recognized M&T Bank with 13 regional and national Greenwich Excellence Awards and two Greenwich Best Brand Awards for small business and middle market banking.
Since 2011, M&T Bank has earned a total...
Former Delaware credit card exec Richard Vague in line for Pennsylvania ...
Pennsylvania Gov. Tom Wolf announced his intention to nominate Richard Vague, a managing partner of Gabriel Investments to serve as secretary of the Department of Banking and Securities.
Vague, who resides in Philadelphia, was a...
Philadelphia Fed’s Harker: Economy perking along as labor market remains tight
By Eileen Dallabrida,
This year’s economy will offer more jobs than qualified people to fill them and increased consumer confidence—with bolstered spending to match.
That’s the consensus this week from a blue-ribbon panel presenting the 2020...
Navient buys shares back from hedge fund
Navient Corporation, Wilmington, has entered into an agreement to repurchase 20,346,464 shares of common stock owned by Canyon Partners, LLC affiliates at a purchase price of $14.77 per share.
Canyon is a hedge fund based...