WSFS reports higher net income in third quarter
WSFS Financial Corporation reported higher earnings in the third quarter but cautioned that the near-term outlook for the region's economy remains unclear.
Third-quarter earnings...
Updated: Rite Aid files for Chapter 11 restructuring protection with 3 area stores to...
Rite Aid, the second-largest pharmacy group in Delaware, has again filed for reorganization under Chapter 11 of the U.S. Bankruptcy code.
The Philadelphia-based company made...
Verizon hiring as company expands Delaware broadband footprint
Verizon is in the process of hiring 1,800 additional technicians as its broadband network expands.
The roles will primarily focus on building, maintaining, and installing...
Guest view: Philly Fed’s Harker discusses rates, inflation, Del. economic indicators
(This is the prepared text of a speech by Philadelphia Federal Reserve President Patrick Harker at a Delaware State Chamber of Commerce event)
First,...
Personnel file: Oct. 12, 2023
(Send personnel news and photos to drainey@delawarebusinessnow.com)
Price named senior VP at Artisans' Bank
Artisans’ Bank promoted Colin Price, vice president of commercial lending to...
Supreme Court ruling a partial win for Artesian Water
The Delaware Supreme Court has upheld a decision to dismiss a fraud claim made against Artesian Water Co. by a subdivision developer.
However, it did...
Workers’ comp insurance costs drop for 7th straight year
Workers’ compensation insurance rates will decrease for the seventh year in a row, effective December 1. The voluntary market is expected to decrease 10%,...
Troubling preliminary report shines light on Delaware housing costs, tight inventories
(Above photo of Glasgow Court mobile home park in Bear, where homes in poor condition were vacated and demolished a few years ago...
Market featuring sustainably grown local produce, meat to open in downtown Milford
Two Milford families, the Shupes and Helmicks, will open The Farmacy Market in downtown Milford.
The food market at 28 S. Walnut...
Dover NASCAR weekend coming in late April
Dover Motor Speedway will hold its sole NASCAR weekend in late April.
The Würth 400 NASCAR Cup Series race on Sunday, April 28, is the weekend's centerpiece.
The...
Chesapeake seeks PSC approval for energy efficiency program
Chesapeake Utilities Corporation has filed for approval of an energy efficiency program aimed at reducing carbon emissions in its Delaware territory.
The application was...
Developer signs memorandum of understanding with Downtown Dover Partnership
The Downtown Dover Partnership (DPP) executed a Memorandum of Understanding with Mosaic Development Partners JV, LLC and partner Colonial Parking, Inc., of Wilmington,...
State Chamber to hold economic conference in Dover, Oct. 5
Delaware is small but diverse. As you travel around our three counties, you discover a lot to be learned from the success of our...
State development finance panel OKs $4.6 million grant for Cigna’s specialty pharmacy company
On Monday, Delaware Council on Development Finance approved an application from a Cigna subsidiary for a project in Newark.
Accredo Health Group, Inc....
Delaware preserves 151,257 acres of farmland as development pressures intensify
Delaware reached a milestone in permanently preserving 151,257 acres of farmland. Four farms in New Castle County, 16 in Kent County, and 40...
Dover mid-rise office building headed to online auction
A Dover mid-rise office building is headed to the auction block.
An online auction is slated on Sept. 18-20 for the seven-story First...
Springhill Suites opens near Frederica’s DE Turf sports fields
SpringHill Suites Frederica, an all-suites 86-room hotel, opened its doors during a celebratory ribbon-cutting ceremony this week.
The hotel, which broke ground in January...
Camden mayor convicted of offensive touching, hindering investigation after confrontation at his business.
State prosecutors have secured three convictions against Camden Mayor Justin King over a physical confrontation.
Camden is a suburb of Dover.
King, 41, was until recently...
Chesapeake Utilities reports lower earnings
Chesapeake Utilities Corporation, Dover, reported lower net income for the second quarter and first half of 2023 due to warmer temperatures and...
Artesian reports lower earnings despite period of dry weather
Artesian Resources Corp. reported lower earnings in the second quarter, with expense growth outstripping revenue.
Arteisan, based new Newark, has filed to increase rates. Its...
