Month: January 2018

A new analysis by the National Partnership for Women and Families reveals a lack of paid family and medical leave in Delaware. The nonprofit advocacy group conducted the analysis for all 50 states. The Delaware findings present a labor market dominated by women and working parents: In 76 percent of all Delaware households with children…

Delmarva Power is stepping up to assist disaster relief efforts in Puerto Rico in the aftermath of Hurricanes Irma and Maria. A subsidiary of Exelon, the company is joined by sister utilities Atlantic City Electric, BGE, ComEd, PECO and Pepco. Delmarva Power employees will travel to Puerto Rico in early February with trucks, supplies and other…

Incyte’s Delaware portfolio drives global growth

By Roger Morris Special to Delaware Business Times In a little more than 15 years, Alapocas-based pharmaceuticals company Incyte Corp. has grown from its modest beginnings in Palo Alto, California, to becoming a global drug company with annual revenues in excess of $1 billion. Its growth came initially under the leadership of former DuPont Pharmaceuticals…

(AP) — Members of the legislature’s budget-writing committee are getting ready this week to begin reviewing Democratic Gov. John Carney proposed $4.25 billion spending plan for next year. The Joint Finance Committee is set to convene Tuesday to begin its consideration of Carney’s proposed operating budget for fiscal 2019, which starts July 1. The committee…

E*Trade Financial Corporation has entered into an agreement with Capital One to acquire its online investment business for $170 million. The bank’s retail brokerage accounts handle over $18 billion in customer assets. Capital One on Tuesday announced a fourth-quarter loss of $1.05 billion. The bank has shed other facets of its business in recent years, including…

Rich Heffron was barely a teen when he watched the 1960 Democratic National Convention in the basement of the family home. “That’s what I want to do,” he told his dad and grandfather, who cautioned the young Heffron to first get a regular job. Fast forward nearly 60 years, and Heffron — on the cusp…

The Delaware State Chamber today released a list of legislative priorities based on a survey of members conducted last December. “The results weren’t terribly surprising, and echo much of what the Chamber has focused on in Dover over the last few years,” wrote James DeChene, senior vice president of government affairs, in an overview of the…

Infinity Consulting Solutions, a staffing and recruiting firm, yesterday released its 2018 Salary Guide for the information technology (IT) sector. The guide determines salary ranges based on placements, market trends and anticipated trends for the year ahead. “In this extremely competitive employment landscape, hiring managers seek strong guidance, backed by reliable data, to attract and…