While financial institutions have responded to the October 1 deadline Visa and MasterCard set for the transition away from magnetic-stripe card security to chip security, retailers have not. Merchants who […]
EDiS Company of Wilmington will bring two nationally recognized speakers to Wilmington next month. Richard Florida, a global leader in economic competitiveness, will discuss building an entrepreneurial economy for Delaware. […]
NEW CASTLE, Del. (AP) — Delaware’s revenue forecast for the current fiscal year is down by about $38 million, but the decline is mostly offset by a corresponding increase in […]
DOVER, Del. (AP) — A bill offering millions of dollars in tax incentives for DuPont following its planned merger with Dow Chemical is being fast-tracked in the state House. The […]
Building on efforts to revitalize downtown areas statewide, Gov. Jack Markell announced that the state will accept new applications from local governments interested in being designated as Downtown Development Districts […]
Gov. Jack Markell announced the availability of a sixth round of grants to promote financial and economic literacy among Delawareans of all ages through the state’s Financial Literacy Education Fund […]
Delaware has received a triple-A credit rating from all three major rating agencies – the highest mark a government agency can achieve. Highlighting the state’s fiscally responsible approach, Moody’s Investors […]
By Kathy Canavan Patrick T. Harker, president of the Federal Reserve Bank of Philadelphia and former president of UD, gave an upbeat economic forecast at the Lyons Economic Forecast this […]
Evercore, global investment banking advisory firm, opened Evercore Trust Company of Delaware at 300 Delaware Ave. in Wilmington today. Evercore will offer fiduciary and investment services for high-net-worth families and institutions. […]
A state-federal settlement with mortgage lender and servicer HSBC will provide direct payments to Delaware borrowers for past foreclosure abuses, loan modifications and other relief for borrowers in need of […]
By Kathy Canavan Kathy@DelawareBusinessTimes.com The Urban Land Institute’s Delaware Developers’ Forum this morning featured four major developers and Wilmington Economic Development Director Jeffrey C. Flynn. Flynn said the city is […]
Wilmington, Del. – College Ave Student Loans, the locally based next- generation student loan marketplace lender, announced it secured $20 million in financing from Comcast Ventures. Comcast Ventures is the […]
WSFS Financial Corporation, the parent company of WSFS Bank, today announced that they are resuming their search for a new chief financial officer. Kevin L. Thompson, who was recently named […]
NEWARK, Del. (AP) — SLM Corp. on Wednesday reported fourth-quarter earnings that beat Wall Street’s expectations but issued a weaker-than-expected forecast for profit this year. The Newark, Delaware-based student loan […]
NEW YORK (AP) — Bank of America reported higher profits on better performance in consumer banking and lower costs, but the bank acknowledged that it is struggling to increase revenue […]
WILMINGTON– Barclaycard US, the payments business of Barclays in the United States, has appointed Curt Hess as CEO. Hess, who has been covering the role on an interim basis since May of last […]
Dover, Del. — HB 235, known as the Delaware Competes Act and sponsored by leadership of both the Democratic and Republican parties of the House and Senate, was introduced in […]
Newark developer Angela Tsionas, who announced plans for a new $40 million luxury-apartment-and-retail center on the site of the 37-year-old Galleria Shoppes on Pennsylvania Avenue Wednesday, said she will be […]
Related story: Steve Kinion named to Influential list Captive Review, an insurance trade publication, has named Insurance Commissioner Karen Weldin Stewart to its first Enterprise Risk Captive Pioneers list, which […]
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week in the days before the Federal Reserve announced a historic increase in its key short-term interest rate. Mortgage […]
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