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Wednesday, February 21, 2018

Brwyn Mawr to acquire Wilmington-based MidCoast bank in $33 million deal

Bryn Mawr Bank Corporation is buying Wilmington-based MidCoast Community Bancorp for about $33 million. MidCoast has quietly grown into a bank with $235 million in loans and $250 in deposits MidCoast has locations on the...

(Gallery) Business people, March 26,

Editor’s note: Send your personnel stories and photos to drainey@delawarebusinessnow.com. Silverstein inducted The American College of Bankruptcy recently announced that Laurie Selber Silverstein, partner and chair of the Bankruptcy and Corporate Restructuring practice at Potter Anderson...

Deadline approaches for recycling grants

Applications are being accepted through March 28 for Universal Recycling grants and low interest loans for Delaware’s commercial sector to assist them in collecting, transporting, processing and marketing recyclables. All for profit, not-for profit retail...

Death penalty repeal bill narrowly passes Senate – WDDE 91.1 FM

Votes blurred party lines Tuesday as state senators barely passed a proposal that would abolish Delaware’s death penalty.Five Democrats voted no and two Republicans signaled yes in the 11 to 10 tally. Both majority leaders...

Dover couple face embezzlement charges

A husband and wife have been arrested on charges of embezzling more than $300,000 from a Dover business. Earlier this month, Dover Police detectives began   investigating  an embezzlement report from Dover Rent-All at 724...

President signs proclamation for national monument in state

(From the White House) President Obama signed proclamations establishing five new national monuments. The monuments are  located in Delaware, Maryland, New Mexico, Ohio and Washington. “These sites honor the pioneering heroes, spectacular landscapes and rich history that have...

Climate-change skeptics challenge sea level rise estimates – WDDE

Depending on who you talk to, Delaware’s current work on sea-level rise SLR is either ground-breaking research that will be emulated by other states, or a set of exaggerated projections based on faulty assumptions...

Delmarva seeks power delivery rate increase

Delmarva Power asked the Delaware Public Service Commission (PSC) to authorize a delivery rate increase of about $42 million to help pay for improvements to its electric system. The base rate adjustment is subject to...

Jobless rate up slightly to 7.2% in Delaware

Delaware’s seasonally adjusted unemployment rate in February 2013 was 7.2%, up from a revised 7.1% in January 2013. It added up to 32,000 unemployed Delawareans in February 2013, compared to 31,200 in February 2012. Click on...

AstraZeneca makes further cuts as CEO outlines strategy

AstraZeneca will  cut 2,300 jobs worldwide as it works to rebuild its drug development pipeline. The cuts were discussed in an Investor Day held by the company, a short time after news that it would...
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