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Peter Osborne

  • Editor’s Notebook: Are we approaching the point of no return for Delaware businesses?

    You have to wonder if this is ever going to be over. There’s a growing sense of impatience among many members of the business community that it’s time to just reopen because we have only a few dozen people hospitalized throughout the state. Businesses are running low on federally backed loan proceeds and we’re now […]
  • Updated: Moving classes online will cost UD as much as $100M

    NEWARK – After weeks of planning and debating, the University of Delaware made the difficult decision July 22 to move most of its fall semester courses online amid the continued resurgence of COVID-19 virus cases in the state and the surrounding region.  It means that thousands of students won’t be coming to the Newark campus until 2021 at the […]
  • Updated: Delaware hotels, tourism business fight to survive pandemic

    REHOBOTH BEACH — The Bellmoor Inn & Spa at Rehoboth Beach lost $200,000 in reservations in just five days after other states placed Delaware on their quarantine lists. “It was like a light switch,” Bellmoor General Manager Ben Gray said. “We lost 30% of the reservations on the books for the next 90 days. We […]
  • WSFS hotel-loan portfolio, market uncertainty drives 2Q loss 

    WILMINGTON – WSFS Financial Corp. took an aggressive approach to its COVID-19 battered loan portfolio in its second-quarter 2020 earnings release, reporting a 156.2% increase in problem assets to $568.5 million over the first quarter and a 74% increase in loan-loss provisions to $98.4 million.  That loan-loss provision compares to $12.2 million a year ago.  In total, WSFS reported […]
  • Guest Column: Roll the cameras to boost state’s economic recovery

    By Mattie Moore  Delaware and the world have endured economic and personal challenges not experienced since the Great Depression. As Delaware looks toward a Phase 3 opening, the State should embrace its innumerable assets and tap into the potential of the feature film, television, and new media industry. New Jersey, Maryland, and Pennsylvania have all benefited from million-dollar productions.    As a producer with […]
  • Reader Response: Cavaliers redevelopment plan is disheartening

    The Delaware Business Times has published a few letters online  regarding a story we published on June 22 about the long-awaited redevelopment of the Cavaliers Country Club. The New Castle County Council will meet Tuesday, July 28, at 6:30 p.m. to vote on the plan via Zoom. I am Sandra Maher and I have lived […]
  • Bethany Hall-Long: COVID-19 highlights need for technological equity

    COVID-19 moved schools, jobs, healthcare and many essential services online making access to broadband networks a lifeline for most Americans. The pandemic has highlighted the fundamental need for universal connectivity – access to computers, affordable broadband, and digital literacy – as an essential tool to our social and economic recovery. This is a very personal […]
  • Battaglia Associates in Top 5 fast-growing U.S. women-owned businesses

    NEW CASTLE – Battaglia Associates, a general contractor that specializes in utility work and excavation services, ranks fifth on a new ranking of the nation’s 50 fastest-growing women-owned/led companies. Battaglia President Christine Meyer saw her 13-year-old company’s gross revenue grow from $9.7 million in 2017 to $46 million in 2019. Most of the company’s growth […]
  • New platform links Delawareans to drug treatment resources

      Shatterproof founder and CEO Gary Mendell fought to control his emotions during the introduction of his company’s new ATLAS addiction treatment platform, which Delaware launched Tuesday as part of a six-state rollout. Mendell’s son Brian lost his battle with anxiety and addiction, committing suicide in 2011. Mendell said he kept asking himself, “How did […]
  • Manufacturers talk about pivoting in the face of a crisis

    Whether you’re a huge chicken processor, a distillery, a multinational chemical company or a maker of high-performance flexible materials serving the aerospace, personal protection, and pharmaceutical industries, the problems facing Delaware manufacturers seem similar. Over a 50-minute panel discussion during the Delaware State Chamber of Commerce’s Putting Delawareans Back to Work event on July 21, […]