Delaware Public Media

Business

Delaware Public Media's coverage of the business-related stories.

Delaware drivers watch gas prices continue to fall

Aug 23, 2015
Delaware Public Media

It’s another week of declining gas prices around the First State.

 

AAA Mid-Atlantic reports the average price for a gallon of regular in Delaware dropped by a nickel over the past week to $2.37.

 

That’s nearly a dollar less than what drivers were paying last summer at $3.32.

 

 

As Chemours announces it'll close its 80-year-old plant in North Wilmington, Delaware's business community is weighing an uncertain future.

 

Delaware Public Media

Chemours is shuttering its manufacturing plant in North Wilmington.

The company announced Thursday that it will close its Edge Moor facility by the end of next month – along with a production line at its plant in Tennessee – as part of an wider plan to cut costs and increase the value of the company, which was spun off from DuPont in July.     About 200 employees and 130 contractors work at the plant, which produces titanium dioxide. 

Applications are now open for young Delaware farmers who want no-interest loans to buy a farm. The program, run by the State Department of Agriculture, began in 2012, but went on a hiatus last year due to a lack of funding.

Now, borrowers will have thirty years to pay off the loans.

The impetus for the loan program came from Secretary of Agriculture Ed Kee, who wanted to, “preserve the farmer and the farm,” says his Deputy Secretary Austin Short.

Delaware Public Media

2015 marks the seventh season gamblers can legally place parlay wagers on NFL games in Delaware  and when the state started taking bets again Wednesday, officials were hoping Delaware could continue to cash in at the rate it has in recent years.

Delaware Public Media

Stephen Ampersand will mark his first day at Thurgood Marshall Elementary School in Newark on Aug. 31.

But his parents won’t cross the last item off their back-to-school shopping list until a few weeks after Stephen gets behind his desk.

Gas prices continue falling in First State

Aug 9, 2015
Delaware Public Media

First State gas prices have been dropping for a month.

AAA Mid-Atlantic reports the average price for a gallon of regular in the First State dropped six cents from $2.53 to $2.47 in the past week. Motorists in Delaware are now paying nearly a dollar less than a year ago when the state’s average stood at $3.37.

Delawaregasprices.com reports there are just over a dozen stations selling a gallon of regular for $2.37 or slightly less. Several of these stations are located in Dover.  

Wilmington wins SBA grant for start-ups

Aug 5, 2015
Tom Byrne/Delaware Public Media

The city of Wilmington Wednesday was selected as a winner in President Obama’s “Startup in a Day" competition.

Mayor Dennis Williams (D) announced that the city had been chosen as a winner by the U.S. Small Business Administration in the inaugural edition of initiative..

Project Pop-Up expands its footprint in First State

Aug 5, 2015

Delaware's Project Pop-Up is coming to new towns in the First State this year.

 

The economic development initiative that pairs early-stage small businesses with vacant properties will have sites to offer in Laurel, Seaford and Delaware City for the first time this year.

The Kent County section of the Harriet Tubman Byway formally kicked off Friday in the towns of Camden and Wyoming with hopes the historical preservation program that will also booster nearby small businesses.

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