European Union (EU) Ambassador David O’Sullivan was the featured guest at a joint reception hosted by the British American Business Council of Greater Philadelphia, international chambers of commerce, the New Castle County Chamber of Commerce and The World Trade Center Delaware. In his first official visit to the region, O’Sullivan offered an update on the…
Month: January 2016
Governor signs Delaware Competes Act
Dover, Del. — Gov. Jack Markell signed the Delaware Competes Act (HB 235) into law Wednesday, changing the way corporate income tax is calculated to ensure companies don’t pay more for decisions to hire and expand in the state, and to modify filing requirements that were overly burdensome to small businesses. Sponsored by the…
Delaware Senate approves minimum wage increase
DOVER, Del. (AP) — Legislation to increase Delaware’s current $8.25 minimum wage by $2 over four years has passed the state Senate after generating heated discussion among lawmakers. The bill cleared the Democrat-led Senate on an 11-to-8 party line vote Wednesday and now goes to the House. To increase the bill’s chances, chief sponsor Robert…
WSFS resumes search for a new CFO
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 chief financial officer, has decided to remain with his family in Utah and will not be joining the company. Members of Mr. Thompson’s immediate family…
Croda completes reactor housing
Croda International, the specialty chemical maker, has completed the steel work that will house its main process reactor at its Atlas Point manufacturing site. The company plans to create the first North American plant to manufacturer all-renewable non-ionic surfactants. The process reactor will produce ethylene oxide from bio-ethanol, allowing for the creation of new surfactants,…
UD Acting President Nancy Targett accepts position at University of New Hampshire
Newark, Del. — University of Delaware Acting President Nancy Targett, has been named provost and vice president for academic affairs at the University of New Hampshire (UNH), as reported in UDaily., the university’s student newspaper. Her appointment is effective Sept. 1. Targett became acting president at UD in July 2015 following the departure of President…
Obama administration loosens Cuba embargo with new measures
HAVANA (AP) — The Obama administration is loosening the U.S. trade embargo on Cuba with a new round of regulations allowing American companies to sell to Cuba on credit and export a limited number of products to the Cuban government, officials said Tuesday. The changes are President Barack Obama’s third attempt to spur U.S.-Cuba commerce…
Major mine expansions in West test moratorium on coal sales
BILLINGS, Mont. (AP) — An Obama administration effort to overhaul coal sales from public lands will be put to its first test this week as companies seek to advance two major mining projects in the Western U.S. Cloud Peak Energy and Lighthouse Resources Inc. want to mine a combined 644 million tons of coal from…
New Hampshire university offers grads employment ‘guarantee’
CONCORD, N.H. (AP) — A small Catholic university in southern New Hampshire is becoming the latest college to offer a money-back guarantee of sorts to its students. Rivier University, which has a total student population of about 2,600 in Nashua, has created an “Employment Promise Program” that will be available to full-time undergraduates starting with…
Beebe hosts job fair for nurses
Beebe Healthcare will host an Registered Nurse Job Fair on Thursday in the Sunshine Café at the Main Campus in Lewes. Applicants can attend one of two sessions – 7:30 a.m. to 9:30 a.m. or 4 p.m. to 6 p.m. Beebe Healthcare is seeking experienced RNs with a minimum of two years critical or acute…