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Saturday, February 24, 2018

TransPerfect saga heading toward conclusion?

Hey, it’s finally Friday, The saga of TransPerfect could finally be winding down. Chancellor Andre Bouchard agreed to a court-appointed receiver’s recommendation to sell Elizabeth’s Elting’s 50 percent share of the New York City company to...

The complexities of the refining  business

Morning all, If you want to learn more about the complexities of the refining industry, listen in to the hour-long earnings call from Delaware City refinery owner PBF Energy. CEO Tom Nimbley did a masterful job...

Ledford’s News Journal legacy 

Good morning, The announcement that News Journal Executive Editor David Ledford plans to retire and move to Idaho came as no big surprise, given the steady stream of departures from  Basin Road. Ledford received a...

Prices Corner Shopping Center’s post-Sears future

Attention shoppers, It came as a bit of a surprise when Sears announced the closing of its Prices Corner store, effective in April. The prevailing wisdom was that the Concord Mall store would be the...

A model railroader cure for video screen addicts

Hello, I don’t often admit it, but I am a recovering model railroader. The crudely built table in the basement is now loaded with junk after being cleared off for a time. The aging locomotives and...

As Philly airport expands, don’t forget New Castle

Happy Friday all, We’ll admit to moving faster in posting commercial air service stories. Even with the “bus with wings” service that one gets these days, there is still a bit of romance and anticipation in...

Wilmington gets on the crime stats bandwagon

Good morning, Let’s start out with some good news. The City of Wilmington is finally getting on the CompStat bandwagon. As a result, the business community and others don’t have to wait for irregular tallies of...

Supporting Delaware Business Now

One of the core principles of this website/newsletter has been the knowledge that the time of our readers is valuable. That’s why we chose from the outset to limit our emails to once a day...

State income tax rate high for those with moderate incomes

Good morning, Last week’s story on Delaware ranking in the top 10 in the percentage of millionaires drew a predictable response from State Rep. John Kowalko. The Democrat from Newark has pushed for a higher income...

Airbnb and tax fairness

 Hello all,  The recent story on Airbnb’s report on its economic impact within the State of Delaware prompted a question on taxes. On paper, Airbnb would seem to provide a good way to collect taxes at...
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