Delaware State University to buy 10 planes for aviation program
Delaware State University and Florida-based Ameravia, Inc. to announce the acquisition of 10 new Vulcanair V1.0 FAA certified single-engine aircraft for the DSU aviation department flight training program. Deliveries will begin in late 2018 and...
Chase credit cards fare well in USA Today ratings
Chase credit cards won the Best Rewards Credit Card and Best Co-Branded Credit Card, and nine total Chase credit cards placed in the top 10 across the two categories in USA Today’s 10Best Readers’ Choice...
Applications now being taken for Delaware’s Angel Investor Tax Credit program
Qualified investors and high-tech small businesses can now make use of Delaware’s angel investor program. The Delaware Division of Small Business is now accepting applications for the Angel Investor Tax Credit (AITC) at www.business.delaware.gov/incentives. The program...
WSFS’ Cyprus Capital division reaches $1 billion market in assets under management
Assets under management by Cypress Capital Management (Cypress Capital), a division of WSFS Financial Corporation, have reached $1 billion. Cypress Capital caters to individuals, family trusts, charitable organizations, foundations, endowments, and corporate pension and profit-sharing plans. Founded in 1984, Cypress...
The Bancorp reports earnings spike after sales of retirement account business
The Bancorp, Inc. north Wilmington, reported sharply higher earnings in the third quarter and recorded a gain from the sale of its Individual Retirement Account business. The Bancorp reported net income of $61.3 million for...
Belfint, Lyons & Shuman leads effort to recognize importance of estate planning
Belfint, Lyons & Shuman, P.A., a certified public accounting and consulting firm, led an effort to recognize the importance of estate planning. Gov. John C. Carney issued a proclamation to establish October as Estate Planning Awareness...
Texas company buys Reliance Trust of Delaware
Kestra Financial, Inc. announced the expansion of its network of companies and services through an agreement to acquire Reliance Trust Company of Delaware from FIS. The deal is expected to close by the end of 2018,...
Report takes Delaware to task for not having interest rate cap on big...
Delaware and 11 other states were taken to task for not have an interest rate cap for loans, according to a report from the National Consumer Law Center. “Our analysis shows a general consensus among...
Blockchain technology firm opening office in The Mill in downtown Wilmington
Global Debt Registry is locating to the Mill office, co-working space in downtown Wilmington. GDR is currently expanding its technology team and is hiring for development positions in the area. Global Debt Registry is a private...
Former MBNA executive Hochschild takes helm at Discover
Another former MBNA executive has taken the helm at Discover Financial Services. Roger Hochschild, former President and Chief Operating Officer, succeed David Nelms as Chief Executive Officer on Oct. 1. He will retain his role...