Month: June 2017

A study by fDi Intelligence, a global investment research group, named Wilmington the leading “American City of the Future” in the Micro City category, which includes cities with a population of fewer than 100,000 people. The study found that Wilmington had the highest number of foreign direct investment projects per 100,000 people. Wilmington was up…

Dupont was Kiplinger magazine’s Delaware pick for its Best Stock in Every State to Buy Now list. Kiplinger’s analyst believes post-merger sales of DowDupont, the company formed by the Dupont-Dow merger, could gain 11 percent in a year, even if reports that the company will be broken into three publicly traded companies prove true. Whether…

Talk about your role as executive director of the World Trade Center (WTC) Delaware. Our mission at the World Trade Center Delaware is to help our members, clients, partners and our state government reach their international goals. As executive director, I lead one of over 320 World Trade Centers in 90 countries with 15,000 employees.…

DOVER, Del. (AP) — Democratic lawmakers tried unsuccessfully to strong-arm Republicans late Thursday as an impasse over a budget for the fiscal year starting Saturday continued to escalate. Amid public criticism and partisan bickering over a decision by the Democratic-led budget committee to zero out spending for an annual package of grants to nonprofit groups,…

Mark Rieger is the dean of the University of Delaware’s College of Agriculture & Natural Resources and believes it is important that the school has combined the two disciplines, the better to create a strong relationship between them. He answered some questions on the current agricultural climate and its future. In your “Message from the…

DOVER, Del. (AP) — With Republican lawmakers balking at tax increases, legislative budget writers on Wednesday approved more than $51 million in additional spending cuts to balance a budget for the fiscal year starting Saturday. The Joint Finance Committee also agreed to zero out spending next year for an annual package of grants to nonprofit…

Delaware Insurance Commissioner Trinidad Navarro yesterday announced his approval of MetLife, Inc.’s plan to hand off its U.S. retail life and annuity insurance businesses. The newly formed Brighthouse Financial Inc. will take them on as subsidiaries. The company will no longer offer individual plans in the U.S. and will instead focus on group policies and…

DOVER, Del. (AP) — A bill opening Delaware’s environmentally protected coastal zone to new heavy industry is facing a final vote in the General Assembly. The bill, which easily cleared the House last week, is scheduled for a Senate vote Thursday. The legislation, supported by Democratic Gov. John Carney, establishes a permitting process for new…

After the bipartisan Joint Finance Committee called for eliminating all state grants-in-aid yesterday, the Delaware Alliance For Nonprofit Advancement emailed all of its members asking them to come to Dover for a a show of force for nonprofits at Legislative Hall this morning. DANA asked nonprofits to bring board members, volunteers and clients to Legislative…

Stock Ledgers revolutionized with Delaware Corporate Blockchain Legislation

John Williams President IncNow   Website Delaware corporations will now be able to store corporate records on a blockchain, thanks to legislation passed this week by the Delaware General Assembly and signed by Governor John Carney. This innovative legislation will allow Delaware companies to finally toss the stacks of paper stock ledgers collecting dust on…