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    Check out the Aug. 20-26, 2014 Business Bulletin

      Delaware’s jobless rate rose slightly to 6.2 percent as better economic news led to more people looking for work. And in a stunning development State Treasurer Chip Flowers decided not to seek re-election as a former deputy treasurer leveled charges of harassment.  Meanwhile, DuPont found itself involved in a probe of soil dumped at [...]

  • Medical marijana

    Medical marijuana center, headed by lobbyist & former state trooper, could open in early 2015

    Delaware is moving toward the use of medical marijuana with the state’s Department of Health and Social Services authorizing the first center in an industrial park near Wilmington. The center will be headed by a lobbyist, retired state trooper  and former county director for U.S. Sen,. Tom Carper. Click here for background information on medical [...]

  • Matt Haley

    Sussex restaurant owner Haley seriously injured in motorcycle accident in India

    Matt Haley, founder and CEO of Rehoboth Beach, Del.-based Matt Haley Companies, on Monday was involved in a serious  motorcycle accident in Leh, India. Haley, the 2014 recipient of the James Beard Humanitarian Award, was on a six-week humanitarian mission through northwestern India and Nepal. He was hospitalized in critical but stable and improving condition, according to a [...]

  • Scales of Justice

    Former Robino executive gets two years in prison for embezzlement of retirement funds

    Michael A. Stortini,  former managing member and part owner of the Frank Robino Companies was sentenced Monday  by United States District Court Judge Richard G. Andrews to 24 months in prison  for embezzling $606,500 in retirement savings from his employees’ 401(k) plan, as well as failing to pay hundreds of thousands of dollars in payroll taxes [...]

  • Flowers

    (Newsworks Video) State Treasurer Flowers to serve out term, move to Massachusetts

    Delaware State Treasurer Chip Flowers will serve out his term, but will drop out of the race for re-election. The announcement came after The News Journal reported a former staffer Erika  Benner complained of harassment by Flowers  to Dover Police. Republican candidates running for the post had called for his resignation. Flowers will move from Delaware to [...]

  • Dover Downs

    Dover Downs gets loan modification

    Corrects previous error on dividends Dover Downs Gaming and Entertainment has received a modification of a $60 million line of credit loan with three financial institutions in Delaware. The loan with WSFS, PNC and Citizens Bank had been slated to expire on Aug. 15. Concern over the loan may have contributed to the stock trading [...]

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