• The main branch of NBRS in Rising Sun, Md.

    Rising Sun, Md. bank closed; Howard Bank to take control

    NBRS Financial, Rising Sun, Md.  was closed by the Maryland Office of the Commissioner of Financial Regulation. The Federal Deposit Insurance Corporation (FDIC) was named receiver. No advance notice is given to the public when a financial institution is closed. Operations are typically turned over to a bank willing to take on its operations, with the doors [...]

  • Photo courtesy of GE Healthcare

    (Update, video) IBio shares jump after company discloses offer to help in Ebola fight

    Shares of   Newark-based IBio Inc.  ended the week sharply higher   after the company confirmed it had offered to help the U.S. government in efforts to fight Ebola. Bio responded, in response to shareholder and media inquiries, the ability of its iBioLaunch platform patents and related proprietary technology to further development and production of antibodies that target [...]

  • Sept. 14 jobless rate

    Delaware’s jobless rate stays steady as more people enter labor market

    Delaware’s unemployment rate remained unchanged at 6.5 percent between August and September as more people entered the workforce. The Delaware Department of Labor reported that the the number of unemployed Delawareans increased by 200, while the number of employed residents was up by 1,400.. That showed a  continuing reversal of a falling rate of labor [...]

  • Pettinaro group 2

    (Gallery) Pettinaro, Laskowski inducted into Junior Achievement Business Hall of Fame

    Pettinaro group 2 ◄ Back Next ► Picture 1 of 9 Two  new laureates joined  the  ranks of the Delaware Business Leaders Hall of Fame.  This year, Junior Achievement of Delaware inducted Verino Pettinaro who made his mark with Pettinaro Enterprises, Newport  and Robert J. Laskowski, M.D., retiring  CEO of Christiana Health Care Systems.  Proceeds will [...]

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    Check out the Oct. 15-21, 2014 edition of the Business Bulletin

    As the next sign-up approaches under the Affordable Care Act, the American Medical Association is taking note of the presence of large market shares among health insurers and their possible effect on costs.  In the meantime, Delaware is seeing more income equity, but is it a reflection of more affluent people leaving the sate? To [...]

  • Frontier_Aircraft_Photo

    Travel notes: Did sub 90% passenger loads lead to Frontier service cuts?

    Frontier Airlines will make no sudden changes in Delaware this winter after big changes in the fall. In the meantime, a possible reason for local service cuts has come to light. “Wilmington is a market that Frontier continues to assess with the goal of finding the right level of service that makes sense for both [...]

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