Month: February 2016

Senate Majority Leader David McBride and Rep. Melanie George Smith are urging Delaware’s Department of Justice to appeal a federal decision handed down Thursday that nullifies a state law restricting the idling of trains in the First State. The Surface Transportation Board ruled Delaware’s law limiting train idling violates the federal government’s jurisdiction over rail…

Ohio Governor John Kasich’s Delaware leadership team named two local honorary chairs  — former Republican National Committee Co-Chair and U.S. Congressman Tom Evans and former Reagan communications director Frank Ursomarso. Michael Fleming, a communications executive, will serve as executive chair. “John Kasich has all the qualities and vision we need in the White House and…

Women innovators will compete in the second Great Dames Remarkable Ideas Competition, hoping to secure $25,000 in seed money and services. Last year, 41 women from seven states competed, and a Delaware woman was selected. This year’s theme is health and wellness. The contest is split into three events: DEDO Director Bernice Whaley will help initiate…

Last year turned out to be a positive one for the mortgage market, but mortgage lenders face a tougher operating environment in 2016. Against this backdrop, Fannie Mae surveyed senior mortgage executives in November to identify their concerns as they headed into 2016. Despite their desire to grow or maintain their mortgage origination business in…

Chesapeake Utilities Corporation today announced its net income for the year ended Dec. 31 was $41.1 million, or $2.72 per share, an increase of $5 million, or 25 cents per share, compared to 2014. The growth in net income and earnings per share in 2015 occurred despite the impact of significantly warmer temperatures, particularly in the fourth quarter of 2015.  The…

A European company is looking for Delaware farmers willing to let tourists camp out on their farms. Feather Down Farm Days, an agritourism company expanding in the U.S., provides farmers with fully furnished cabin-style tents and all the equipment necessary to create a farm experience for the guests. The company also handles all the marketing…

DOVER, Del. (AP) — State Medicaid officials are facing an estimated shortfall of $28.5 million in Gov. Jack Markell’s proposed budget for the upcoming fiscal year because of higher-than-expected costs. Officials told lawmakers Wednesday that while Markell’s budget proposal includes $40 million in additional Medicaid spending, they now expect they’ll need more than $68 million.…

The Small Business Development Center (SBDC) is currently scheduling free one-on-one sessions with those currently doing business in New Castle County, or those interested in starting a business due to downsizing. Qualified business counselors will meet with individual business owners (and new start-ups due to downsizing) on Wednesday, March 9 between the hours of 10…