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...
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...