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Tuesday, July 17, 2018

Navient hires executive for San Francisco fintech company

Wilmington-based Navient has hired Susan Ehrlich as the new chief executive officer to lead San Francisco-based subsidiary  Earnest. Ehrlich is a  financial technology (fintech)  executive with more than 20 years of experience. She has an MBA...

Cover + Rossiter CPA firm moves to Little Falls

Cover + Rossiter   relocated from its  Rockford Road office to new quarters on the first floor of Little Falls Centre One, Wilmington. Little Falls Centre One is located on Centerville Road between Lancaster Pike and...

Wilmington man pleads guilty to role in family tax scam

A Wilmington man admitted to conspiring with his father to file false federal tax returns for shell companies, resulting in approximately $241,000 in refunds. The plea was part of a case involving a scheme by the  family...

State Farm to cut car insurance rates by 3 percent

One of the state's largest vehicle insurers is cutting rates.   State Farm Mutual Automobile Insurance Company will cut its rates in Delaware. by  3 percent. The rate decrease is expected to total $5.6 million.    “The company’s...

Good morning everyone, Back in the early 1990s, a banker who had just arrived from Michigan visited the office of the Delaware Business Review. Marvin “Skip” Schoenhals came to Delaware to revive WSFS or Wilmington Savings...

Levenson taking helm at WSFS at year end; Turner to become chairman

WSFS Financial Corporation, parent company of   WSFS Bank,   announced that effective January 1, 2019, Mark A. Turner, chairman, president and CEO, will become the Executive Chairman of the Board of Directors and that Rodger...

Delaware ranks 37th in list of best states for starting a business

Delaware finished 37th in a list of the best states for starting a business. The ranking came from WalletHub, a financial advice website. Delaware was among a cluster of I-95 corridor states that ranked low on...

Compromise minimum wage bill passes, bond bill gets OK

The passage of an increase in the minimum wage along party lines triggered a temporary stalemate in the Delaware General Assembly that ran into Sunday morning. A compromise on the base wage broke the logjam...

Carney signs budget, but suffers setback when ‘budget smoothing’ does not get a...

On Thursday, Governor John Carney signed the Fiscal Year 2019 budget. The budget was passed earlier this week. The budget totals $4.2 billion, up about four percent from a year ago. A supplemental budget appropriates...

Navient to fight California lawsuit over its collection practices

Navient CEO Jack Remondi came out swinging in denouncing a lawsuit announced by California Attorney General Xavier Becerra. The allegations are unfounded, and the lawsuit is another attempt to blame a single servicer for the...
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