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Friday, December 6, 2019

Gore makes investment in inplantable insulin pump maker

W. L. Gore & Associates, Inc.  announced an investment in PhysioLogic Devices, Inc., a startup that is developing an implantable insulin delivery system. The system is aimed at improving insulin therapy for more than 12 million...

Newark adds parking in Main Street construction zone during weekends

The City of Newark, in conjunction with DelDOT confirmed  that some currently restricted parking on Main Street is  available on weekends.   Metered parking spaces opposite the construction zone will be available from 5:00 p.m. Friday...

SevOne buyer to keep tech hub in Newark

Turbonomic announced the acquisition of privately-held, Boston-based SevOne. SevOne software monitors the performance of computer networks of large companies. Financial terms were not disclosed Turbonomic will retain SevOne's technology center at the University of Delaware Star...

Newark Shopping Center on the selling block

The Newark Shopping Center is for sale. The center on East Main Street has undergone a turnaround under current owner Atlantic Realty, which renovated the shopping center and added Newark Natural Foods as an anchor...

Newark Manor agrees to $381,000 settlement in case brought by state

Newark Manor Nursing Home (also known as Premiere Healthcare, Inc.), its owner Bruce Boyer, administrator David Boyer and former administrator Susan Comegys have agreed to a $381,000 settlement with the State of Delaware. Newark Manor...

Amtrak preparing for surge in holiday passengers

Amtrak is preparing to deal with the surge of holiday travelers with extra trains and capacity on several routes. Customers are encouraged to plan ahead and book tickets early. With the Thanksgiving travel season looming, Amtrak is...

JPMorgan Chase may be eyeing expansion at other employment centers

JPMorgan Chase is reportedly looking outside New York City as it continues to grow. Bloomberg (limited page views) reported on the possibility of adding jobs in lower-cost areas like Delaware, Plano, TX  and Columbus, Ohio. Such...

Sallie Mae reports higher earnings

Sallie Mae reported higher earnings in the third quarter. Net income for the third quarter was $128 million, compared to $104 million during the same period a year earlier. Sallie Mae shares remained unchanged in Wednesday...

Delaware Environmental Institute marks 10 years with ‘A Climate Dialogue’

There’s still time to avert global climate change disaster. But saving the planet requires dramatic action, said renowned scientist Michael Mann at a full-capacity presentation Oct. 21 at the University of Delaware’s Science, Technology...

Shoprite recalls quarter pound burgers that could have E. coli bacteria

ShopRite is recalling one of its packaged  ground beef offerings. The supermarket cooperative announced: The recall of Shoprite 100 percent Pure Ground Beef Hamburgers 48 Oz. (16, 3 ounce burgers) UPC 41190-40458 Est #77 Sell...