Tag: Business
Submitted Captive Insurance Contributes $4 Million To Delaware, Reduces Taxpayer Burden
Insurance Commissioner Trinidad Navarro announced data showing a strong year of captive insurance formations in Delaware, with 56 licenses provided in 2019, outpacing previous years. “The success of Delaware’s captive …
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Submitted President Trump Remains Committed To Expanding Energy Production And Increasing Manufacturing
President Donald Trump’s policies have paved the way to energy dominance and rejuvenated United States manufacturing. Last week President Trump visited the Pennsylvania Shell ethylene cracker plant to demonstrate his continued …
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UPS UPS Opens New High-Speed Package Sortation Center In New Castle
UPS expands package pickup and delivery operations, creating jobs and enhancing service for customers throughout Delaware UPS (NYSE:UPS) today officially opened a new high-speed package sortation center in New Castle, Del., …
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Longer Survival Periods Seen In Study Of AstraZeneca Lung Cancer Drug
AstraZeneca announced in July that the Phase III FLAURA trial showed a statistically-significant and clinically-meaningful progression-free survival (PFS) benefit with Tagrisso (osimertinib) compared to current 1st-line standard-of-care treatment (erlotinib or …
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Perkins Restaurant Files For Chapter 11 Bankruptcy
Perkins, the restaurant famous for its pies and breakfast menu, has filed for Chapter 11 bankruptcy protection in Delaware, the company announced on its website Monday. “Perkins & Marie Callender’s (together with …
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New Media To Acquire News Journal Parent Gannett
The parent company of the News Journal announced on Monday that they are merging with the owners of Gatehouse Media. Below is the press release. New Media Investment Group Inc. …
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DNREC: State Fines Bloom Energy $40K For Air Quality Violations
Department of Natural Resources and Environmental Control Secretary Shawn M. Garvin has issued a DNREC Notice of Administrative Penalty and Secretary’s Order to Diamond State Generation Partners, LLC (Bloom Energy) …
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Submitted The Retreat At Newark Sold To New York Firm For $48 Million
Vesper Holdings (“Vesper”), a privately-held real estate investment firm based in New York City, is pleased to announce the acquisition of The Retreat at Newark located near the University of …
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Delaware Security Company Expands With Two Acquisitions
Wilmington – B Safe, Inc., a regional provider of security and fire alarms to Delaware, Maryland, New Jersey and Pennsylvania, publicly doing business as B Safe Security, announced Friday that …
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After 27 Years Bear’s Countryside Nursery & Garden Center Is Closing
A wall to wall retirement sale began yesterday to liquidate everything at the Countryside Nursery & Garden Center to include all Live Goods, Bulk, Palletized, and Bags Hardgoods, Stone, Pavers, …
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