Navient posts fourth quarter 2023 financial results

Staff WriterBusiness, RSS-Business

Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2023 fourth quarter financial results. Complete financial results as well as materials related to Navient’s in-depth business review are available on the company’s website at Navient.com/investors. The materials will also be available on Form 8-K on the SEC’s website at www.sec.gov. Navient will hold …

chamber

Chamber dinner celebrates jobs, involvement, Incyte’s growth

Betsy PriceBusiness, Headlines

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 …

membrane

Compact Membrane to spend $3.1 million to expand

Katie KazimirBusiness, Headlines

New Castle’s Compact Membrane Systems will spend $3.1 million to expand to meet market demand and triple its workforce, with state grants paying about one-third of that. Founded by a former DuPont scientist in Wilmington 30 years ago, CMS creates technology to capture and reduce carbon and other greenhouse gas emissions. It will get $875,480 from the state to help …

Gary R. Stockbridge Named 2024 Marvel Cup Recipient

Staff WriterBusiness, RSS-Business

During the 187th Annual Dinner, the Delaware State Chamber of Commerce awarded its prestigious Josiah Marvel Cup to Gary R. Stockbridge. Established in 1951, the Marvel Cup honors a Delawarean who has made an outstanding contribution to the state, community, or society. The State Chamber’s highest honor is named in memory of the Honorable Josiah Marvel, who reorganized and served …

Dick DiSabatino Award Presented to Robert L. Byrd at State Chamber Annual Dinner

Staff WriterBusiness, RSS-Business

In a surprise announcement at the 187th Annual Dinner, the Delaware State Chamber of Commerce presented The Honorable Robert L. Byrd with the esteemed Dick DiSabatino Award. The event was attended by 1,100 business, community, and government leaders. The Dick DiSabatino Award, named for former DSCC Chair Richard DiSabatino Sr., was established in the mid-1990s to recognize significant contributions to …

Mike Schaninger Joins Arthur Hall Insurance

Staff WriterBusiness, RSS-Business

Arthur Hall Insurance is pleased to welcome Mike Schaninger, FSCP, CLCS to our team of professional advisors as the Small Business Unit (SBU) Team Lead and Account Manager. Mike holds both the Financial Services Certified Planner (FSCP) and Commercial Lines Coverage Specialist (CLCS) designations demonstrating extensive knowledge in property and casualty insurance practice. His past experience includes a strong background …

back wages

600 Delawareans owed back wages; Here’s how to see if you are

Betsy PriceBusiness, Headlines

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. …

Bariatric Surgeon Christopher Manieri, DO, Named Council Member for the Delaware Chapter of the American College of Surgeons

Staff WriterBusiness, RSS-Business

Beebe Healthcare is pleased to announce that bariatric surgeon Christopher Manieri, DO, has been appointed to serve as a Council Member for the Delaware Chapter of the American College of Surgeons (DE ACS). The DE ACS aims to unit surgical specialties across the state of Delaware, with focus on promoting and inspiring the highest standards of care within the surgical …

OneMagnify Appoints Bill Neblock as Chief Financial Officer

Staff WriterBusiness, RSS-Business

OneMagnify, an industry-leading provider of technology and analytics-driven digital performance marketing solutions, backed by leading private equity firm Crestview Partners, announced today that Bill Neblock has been appointed as its new Chief Financial Officer. In this role, Mr. Neblock will work closely with CEO Mark Petroff and the rest of the OneMagnify leadership team to help drive the company’s ambitious …

Compact Membrane Systems chooses New Castle, Delaware, for $3.1M expansion to help meet market demands

Staff WriterBusiness, RSS-Business

Compact Membrane Systems Inc. (CMS), a 30-year-old Delaware company whose advanced membrane systems address the challenge of decarbonizing heavy industry, has chosen New Castle, Delaware, for a $3.1 million facility and workforce expansion that will help address massive market demand. CMS formerly operated completely out of a location on Water Street in Newport. The company recently moved much of its …