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Tuesday, June 22, 2021
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Updated: Chinese pharma manufacturer seeks $19 million from state for Middletown location

A Chinese pharmaceutical company will seek $19 million in incentives from the State of Delaware for a pharmaceutical products manufacturing site in Middletown. The agenda for a meeting on Monday, June 28 of the Delaware...
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Unfair business practices, price gouging bill headed to governor’s desk

Legislation that adds unfair business practices to the state's consumer protection laws is on its way to the governor's desk. House Bill 91, sponsored by Rep. David Bentz, D-Newark, and Sen. Trey Paradee, D-Dover, amends Delaware’s Consumer...
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Dover Downs owner Bally’s engineers sale-leaseback of Delaware property’s real estate

Dover Downs owner Bally's Corporation has a lot on its plate these days, including a recent deal that unloads the Delaware casino's real estate.  Gaming and Leisure Properties is buying the real estate associated with...
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Court of Appeals upholds earlier reversal of convictions of former Wilmington Trust executives

The United States Court of Appeals for the Third Circuit reaffirmed an earlier decision that essentially overturned the convictions of former Wilmington Trust President Robert V.A. Harra, Jr.  and associates. The court rejected the government’s...
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DE Earns is a win-win

Good afternoon, Every once in a while, a piece of legislation comes along that is a potential win-win for all concerned. Such is the case with House bill 205 that authorizes DE Earns. The measure, sponsored...
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Artisans’ Bank celebrates 160th anniversary

Artisans' Bank  is celebrating  its 160th anniversary in 2021 Artisans’ Bank was formed in 1861 by a group of ten area businessmen who had the vision of creating a bank for local working people: the...
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Delaware no longer at bottom in Payroll Protection Act loan volume

Delaware is no longer ranked at the bottom when it comes to the volume of Payroll Protection Program loans. In earlier rounds of the program, the First State had ranked at the bottom, despite its...
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Artisans’ Bank marks 160th anniversary

Artisans' Bank will celebrate its 160th anniversary in 2021 Artisans’ Bank was formed in 1861 by a group of ten area businessmen who had the vision of creating a bank for local working people: the...
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Deluxe adding payment processing jobs at Newark site

Payment processor Deluxe is hiring at its Newark site.  As of earlier in the month, the company's remittance processing business was seeking 50 employees for its 63,000 square foot site at the White Clay Center...
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Delaware 401K gains in 2020 trailed national average

A report from an LT Trust shows that gains in 401k accounts of Delaware employees ran below the national average during 2020. Click here for the report.  The 401K advisory firm calculated that the average gain for...