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Monday, July 22, 2019

Barclays plans to cut 500 jobs in Delaware as it moves positions to...

Big cuts are on the way at Barclays operations in Wilmington.  Barclays announced. via press release that it will relocate approximately 500 jobs from its offices in Wilmington to a new campus in Whippany, New...

State and Bloosurf announce wireless broadband partnership for Kent, Sussex

The Delaware Department of Technology and Information announced a partnership with Bloosurf to provide wireless broadband in rural areas of Kent and Sussex counties. Last July, Governor John Carney and DTI issued a Request for...

Pharma start-up with Wilmington office gains $30 million in financing

Ayala Pharmaceuticals, Inc., a clinical-stage company announced the successful completion of a $30 million Series B financing. Ayala has offices in Wilmington and Israel The investment was led by pharma giant  Novartis with participation from...

Government units in Delaware form Anti-Litter Alliance

Gov.  John Carney,  joined by government officials,  formally announced the Delaware Anti-Litter Alliance – a coalition of local leaders seeking to reduce litter in Delaware. The coalition is an initiative of the Keep DE Litter Free...

Nation’s oldest Memorial Day Parade gets underway in Wilmington on Thursday

The nation's oldest Memorial Day parade steps off on Thursday, the  Wilmington Memorial Day Committee announced This year marks the 152nd consecutive observance of the traditional Memorial Day, May 30. The parade will start on Delaware Avenue...

Trending: JPMorgan Chase buys large tract near Delaware line

JPMorgan Chase  has snapped up a large tract from the shopping center and office investor PREIT. The Chester County Press  reported the sale of the 187-acre tract for a reported $11 million.  PREIT (formerly Pennsylvania...

Wilmington budget  approved with water-sewer rate hike but no property tax increase

The Wilmington City Council approved the Fiscal Year 2020 budget which comes with no increase in property taxes, but hikes sewer and water charges paid by city residents.  The budget was approved by a vote...

State seeks to declare motel next to the now-defunct Gold Club as nuisance

The Delaware Department of Justice has asked a court to declare a Wilmington-area motel a criminal nuisance. The goal is to require owners to reduce police calls to the property. The complaint, filed May 10 in Superior...

A brief (and positive) encounter with Frontier Airlines

Good afternoon, It’s hard to believe that five years ago, we boarded a Frontier  flight to Phoenix from New Castle Airport. For a brief time, Frontier Airlines offered daily service to Denver, with a convenient connection...

$100 million port upgrade continues with order for new terminal tractors

GT USA  announced it has placed an initial order of 16 terminal tractors from Terberg Tractors Americas for the Port of Wilmington. Terberg Americas is part of a family owned company in Germany. The equipment will...