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Two I-95 Wilmington southbound ramps to close overnight beginning on Sunday evening

The Delaware Department of Transportation is giving motorists a heads up on work that will require overnight closures of southbound  Interstate 95 ramps in Wilmington. Affected are Exit 6,  MLK Boulevard /4th Street, and Exit 7A, Route 52 South/Delaware Avenue off-ramps in Wilmington beginning Sunday night. It's part of the Restore the Corridor overhaul of I-95, with DelDOt advising motorists to...

Online bank Ally gets OK for nearly $2.7 million state grant for expansion

A bank spun off from General Motors received an OK for a state Strategic Grant. The Delaware Council on Development Finance gave the green light for the $2,658,624 Strategic Grant. Ally earlier moved into the " near-prime" credit card business with the purchase of Wilmington-based Fair Square Financial for $750 million. Fair Square's Olio card is...

Trivent now majority shareholder in student lender College Ave

Wilmington-based College Ave Student Loans, a fintech private student loan lender announced an agreement under which Thrivent is the new majority shareholder. The investment emphasizes College Ave as a major player in private student loan lending, according to a release. It also allows College Ave to explore faster growth and new expansion opportunities while...

Eastside Charter School gets a $1 million donation from Barclays

Barclays this week announced a $1 million donation to Wilmington's EastSide Charter School and Community Discovery STEM Hub in Wilmington. Barclays' donation over the period from 2022-2024 will support the growth of EastSide's mentoring program to serve more students, the expansion of the school, and the construction of its new state-of-the-art STEM Hub. The Discovery STEM Hub will also serve the community...

I-95 south in Wilmington to close over weekend

Drainage and paving work near exits 7A/Route 52 and the exit 8 Route 202 interchange will require the closing of ramps, and the weekend closing of I-95 south through Wilmington. Work began on Wednesday Dates (subject to weather) and location- Exit 7A/SR 52 south: Overnight closing - 9 p.m. Thursday Sept 15 to 5 a.m. Friday Sept. 16- Exit 7A/SR...

Navient denies misleading borrowers on refinancing student loans

Wilmington-based Navient denied claims that it is misleading some student loan borrowers regarding refinancing. Longtime Navient critic, U.S. Sen, Elizabeth Warren, D-MA was joined by U.S. Rep. Ayanna Pressley, D-MA in writing a letter to the company regarding allegations that the company engaging in deceptive practices. Refinancing would lead to some borrowers not seeing some of their loans...

Plans announced for second library on Wilmington’s East Side

The State of Delaware has entered into a sales agreement for a new Wilmington Library. The site, at 3905 North Market Street, is the current site of the vintage Saab dealership. The construction of the new library, which will provide land for site development and increased parking needs, will be funded through approximately $22 million that was...

Viewpoint: Why the ChristianaCare-Crozier deal fell through

Author sees chance of Delaware hospital system being acquired by Highmark by C.D. Casscells, M.D., Center for Health Policy, Caesar Rodney Institue, Glasgow (The opinions expressed here are those of the author and not Delaware Business Now) The second week of August 2022, the planned take-over of the Crozer Health (four hospitals in Delaware County, PA) by ChristianaCare (three hospitals, outpatient & other services in Delaware and...

Grant & Eisenhofer representing Camp LeJune water plaintiffs

You may have seen the TV advertisements from law firms about the situation at Camp LeJune, SC. Plaintiffs' law firm Grant & Eisenhofer may not be part of the TV mix. However, the firm, founded in Wilmington,  is representing service members and their families who have been exposed to contaminated water at the Marine training facility in Jackson, NC. The service...

Wilmington daycare center owner pleads guilty to tax evasion

A Wilmington woman pleaded guilty in federal court this month to three counts of tax evasion.   According to court documents, Brenda Mathis, the owner of LJ’s Playpen Academy, a Wilmington daycare center, failed to declare all of the income received by the daycare on  corporate tax returns.  As a result, the daycare underpaid taxes in 2015, 2016, and 2017. Mathis...

Chemours begins commissioning work at Florida mine

The Chemours Company has begun commissioning work at its newest mineral sand mine, Trail Ridge South. The new mining operation represents a $93 million investment that will create approximately 50 new jobs in the three-county area. Commissioning work to test operations at the new Florida mine is underway, with startup anticipated later this year. Expansion of its mining operations...

From WHYY: PGA tournament keeps Wilmington area in the spotlight

By Cris Barrish The BMW Championship provided a boost for the Wilmington area economy and earned praise from those attending the event that drew 130,000. Visitors packed hotels and restaurants around town, and the course was packed all four rain-free days. Fans paraded around the course, either following their favorite players or wandering from hole to hole. Thousands gathered near...

Delaware Burger Battle sold out

The 9th Delaware Burger Battle is officially a sellout. The popular event is returning on Aug. 27 to Rockford Park. Before its Covid hiatus, the  2019 Battle broke attendance records and raised more than $14,000 for its beneficiaries. “After experiencing our first ‘sold out’ Battle in 2019, the pandemic hiatus broke my heart, especially as our charitable purposes—alleviating food insecurity and...