Ten Delaware companies have received state grants ranging from $32,000 to $100,000 to expand and improve their services or products. The biggest awards — four $100,000 grants — went to companies dealing with science, technology, engineering or math (or all at once). The EDGE grant, an acronym for the Division of Small Business’s Encouraging Development, Growth and Expansion, are chosen …
A Baltimore economist known for his sense of humor left the punchline of his New Castle County Chamber of Commerce speech Tuesday to the last bit of his presentation: “It will come nearly a year after I initially anticipated, but recession is coming in 2024,” Anirban Basu told the 200 people attending the chamber’s sold-out annual State of the Economy …
This report has been updated. The Milford City Council has voted to condemn eight acres of a widow’s property and pay her $20,000 for it, so the city can access the adjoining acres that it paid her brother more than $500,000 for. Milford wants the property to install bike and pedestrian paths that would help connect the town to …
A night to celebrate all things business and jobs started Monday with a call for Delaware to ready itself to become a manufacturing hub. China long has been a magnet for manufacturing, but its decision to limit couples to one child soon will mean there’s not a big enough workforce to man factories, said Mike Quaranta, president of the Delaware …
The city of Wilmington has paid $900,000 for the elegeant Gibraltar mansion on Pennsylvania and will work to preserve it for future generations, Mayor Mike Purzycki announced Friday. There are no definitive plans at this time for the property, Purzycki said in a press release. The property, the focus of both commercial and cultural interest for decades, hasn’t been able …
Nearly 600 Delaware workers are owed approximately $398,000 in back wages recovered by the U.S. Department of Labor’s Wage and Hour Division. This includes 268 workers in Kent County, 104 workers in New Castle County and 172 workers in Sussex County. In many cases, the employees change jobs or change addresses and cannot be notified of the money due to them. …
Gov. John Carney‘s proposed 2025 state budget of $6.1 billion pours $2.1 billion into education, $2 billion on healthcare for employees, retirees and Medicaid recipients, and $129 million into environmental initiatives. It’s another record state budget, up nearly 9% from 2024’s $5.6 billion. Nearly 65% of the growth in the budget over last year’s is salary policy and health-related costs, …
A new state contest seeks the coolest thing manufactured in Delaware. The Delaware State Chamber of Commerce and the Delaware Manufacturing Association have started the Coolest Thing Made in Delaware contest to highlight Delaware’s vibrant manufacturing industry and promote the sector as a top career path. Manufacturing now employees 28,000 Delawareans. The contest will be structured in a bracket format …
A U.S. District Court judge has told Cabela’s it has no grounds to have a stolen ammunition lawsuit tried in federal court and sent it back to state courts. The suit began with Cabel’s refusal to answer a subpeona and provide information to the Delaware Department of Justice, which is investigating the theft of ammunition said to have ended up …
A bill that would alter Delaware’s tax code in a way the sponsor says would ultimately lower tax payments for everyone was put to death Tuesday by the House Revenue and Finance Committee. Another was delayed for consideration until the next meeting. Votes for House Bill 233, sponsored by Majority Leader Mike Ramone, R-Newark/Pike Creek, split along party lines in …
