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    May 21, 2013 by

    Study: Delaware has lowest business tax rate

    A report from Anderson Economic Group ranks Delaware  lowest in the nation, when it comes to business taxes. The lack of a sales tax and low property taxes figured  into the calculations. However, Anderson also said the much criticized gross receipts tax levied in Delaware was also included. The gross receipts tax amounts to a …

  • Food lion
    May 20, 2013 by

    Food Lion rolls out lower price strategy in area

    Food Lion announced has rolled   lower prices and  investments in 178 stores in five states, including Delaware, Maryland, Pennsylvania, Virginia and West Virginia. The company has been adding stores in recent years in more heavily populated New Castle County as it  closes stores  in other parts of the country. The company says the company …

  • Attorney General Schneiderman at a press conference announcing the indictments and arrests.
    May 18, 2013 by

    Police: N.Y. cigarette smuggling with possible ties to Hamas ring stored goods in Selbyville

    New York Attorney General Eric T. Schneiderman and New York City Police Commissioner Raymond W. Kelly  announced the indictment of 16 members of a criminal ring that flooded New York with more than a million cartons of untaxed cigarettes imported from Virginia. The ring and/or associates, some with ties to terrorist organizations,  allegedly used a …

  • Screen Shot 2013-05-17 at 12.57.35 PM
    May 17, 2013 by

    Jobless rate holds steady in state as employment grows

     Delaware’s unemployment rate remained steady at 7.2% in April. According to figures from the Delaware Department of Labor, the 7.2 was unchanged from the March rate. Adjustments to the March rate led to a downward revision from the original 7.3 percent figure. Click on the link that follows for the full report: 2013-04 MLR George Sharply, …

  • Firing of the missile. Raytheon photo
    May 17, 2013 by

    ATK Elkton produces motor used in successful missile defense test

    ATK’s Elkton, Md.  site, provided critical components for the recent successful test flight of a missile system aimed at protecting the United States and allies. Flight Test Mission–19 was launched from a U.S. Navy Aegis Cruiser off the coast of Kauai, Hawaii. This test and others have been successful in intercepting and destroying missiles.  ATK …

  • Delmarva crew
    May 15, 2013 by

    Delmarva president welcomes intense scrutiny of reliability costs

    Delmarva Power Region President Gary Stockbridge welcomes a thorough look at the company’s $42 million rate case. Delmarva has proposed the increase as it spends heavily to improve the reliability of its system. The  Delaware Public Service Commission plans to investigate whether the added investment is necessary. Stockbridge says the job of  the PSC is …

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