• Governor Jack Markell

    Markell administration responds to “F” grade from Cato Institute

    The Cato Institute think tank gave Gov. Jack Markell an “F” for Delaware’s fiscal performance. His administration fired back, taking note of the organization’s stance on ending the minimum wage and privatizing Social Security,. In a previous survey the governor received a “D.” The  12th biennial fiscal report card examined state budget actions since 2012. It uses statistical [...]

  • Photo courtesy of GE Healthcare

    (Update, video) IBio shares slide after speculation dies down on Ebola potential

    Shares of   Newark-based IBio Inc.  dropped below $2 a share on Tuesday morning  after the company confirmed it had offered to help the U.S. government in efforts to fight Ebola. Shares closed the day on Monday  at $2.18, down more than 30 percent from Friday when it traded above $3. The drop came on news that [...]

  • 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 [...]

  • 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 [...]

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