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Thursday, October 24, 2019

Personnel file, June 21, 2019: Faw Casson, Downtown Visions, Diamond State Financial, DRBA,...

 (Personnel file is Delaware's only business people page that can be accessed online.  Send your personnel news items to drainey@delawarebusinessnow.com) Diamond State Financial Group president named Christopher Burgos  has been named President with Diamond State Financial...

The growing troubles of a Philly refiner

Good afternoon everyone, Yesterday, this column took a look at PBF Energy and its nationwide expansion over the past decade after first buying the Delaware City refinery in the depths of the 2009 recession. I made reference...

$1 billion in cocaine seized in raid on ship in Philadelphia

Multiple news sources and the U.S. Attorney's Office for Eastern Pennsylvania are reporting that cocaine with a street value of $1 billion has been seized from a ship in the city. https://twitter.com/USAO_EDPA/status/1141046851132645376 Details were scarce although...

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...

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...

WSFS 1st quarter net declines due to  costs arising from  Beneficial buyout

 WSFS Financial Corporation  the parent company of WSFS Bank, reported lowest net income in the first quarter, due to costs related to the acquisition of Beneficial Bank. Earnings totaled  $13 million compared to net income...

Counterfeiters waste no time in shipping Bryce Harper jerseys to DE, PA and MD

The U.S. Customs and Border Protection's Philadelphia office  has already counterfeit Bryce Harper jerseys that could have been sold for $44,000. Criminal organizations are quick to counterfeit any popular consumer merchandise and  Harper’s Philadelphia Phillies...

WHYY acquires Billy Penn digital site

WHYY  has acquired the assets of  Delaware Valley news outlet Billy Penn from Spirited Media. “WHYY has consistently grown its journalism capacity to fortify the local news ecosystem. Research affirms that the news and information services...

American launches nonstop service to Edinburgh

American Airlines service has launched service from Philadelphia International Airport to Edinburgh, Scotland. Service to the  Scottish capital will run through October 26. Fares start at $517 round trip for mid-week service. For northern Delaware, service...

Gulftainer making badly needed investments at port

  Good afternoon everyone, Gulftainer USA  is making good on its commitment to upgrade the Port of Wilmington. Last year, the Carney Administration and the General Assembly approved a long-term lease of the port to the private...