Month: June 2018

Bayhealth’s decision to build a new hospital on a 165-acre site off Route 1 in Milford solved a problem. The original hospital, built in 1938, was landlocked in downtown Milford. Meanwhile, the area’s population is exploding. Milford straddles both Kent and Sussex counties, which are undergoing growth spurts. Between 2010 and 2016, Kent County’s population…

“Fintech” means, simply, “financial services that are delivered through technology.” It includes online banking, machine learning and artificial intelligence in financial settings, even cryptocurrency. For investors, innovators and consumers, it spells not just easier access to capital but it is, many say, also lowering the barriers to entry for new businesses. As America’s credit card…

John Collins has been a radio reporter, a staffer in the U.S. Senate and a policy and external affairs expert at Coinbase and the American Bankers Association. Now, he runs the U.S. office for Red Flag Consulting, helps lead the digital finance center at Harvard’s Berkman Klein Center and — along with Meghan Wallace, a…

Jim Kelly is a pioneer of internet banking. In 2000, he arrived in Wilmington to start ING Direct; after 12 years, Capital One bought ING, with Kelly staying on as executive vice president for direct banking. In 2016, he retired from Capital One, and since then, he’s been advising and investing in startup companies. Q:…

In early February, when the stock market hit a brick wall, University of Delaware graduate students Anthony Rossi and Duanyi Wei watched to see how their model would respond. Built on robotics engineering principles — a new field, when applied to financial markets — the model worked: the output shifted from bull to bear, accurately…

JPMorgan Chase & Co. is the biggest bank in America, and it employs 10,000 people here in Delaware — more than 2,400 of them at the Delaware Technology Center just north of Wilmington. The thoroughly modern center, with its sleek spaces and massive array of rooftop solar panels, explains JPMorgan’s Tom Horne, helps the bank…

U.S. Senators Tom Carper and Chris Coons today ensured that an amendment giving Delaware farmers better access to agricultural conservation programs was included in the 2018 Farm Bill that is being considered by the Senate this week. The amendment would allow farmers in the beginning stages of farming to apply for conservation funds through the Environmental Quality Incentives…

One of Delaware’s top chefs has returned from Washington D.C. after meeting with top experts on sustainability in the seafood industry. Doug Ruley, vice president of SoDel Concepts, recently attended an invitation-only summit on sustainable seafood sponsored by the James Beard Foundation. The event took place on June 5. A number of seafood experts, academics,…

Atlantic City Electric on Tuesday announced Gary Stockbridge as the new region president. He will replace Vince Maione, who retired from the company in March. Stockbridge is currently the region president for Delmarva Power in Delaware and Maryland. He’s held that position for more than 12 years and will continue to serve the Delmarva region…