Delaware Public Media

Business

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

Delaware Public Media

State and city officials highlighted ten Wilmington projects receiving a total of $4.7 million in grant funding through Gov. Jack Markell’s Downtown Development Districts program Friday.

Delaware Public Media

Dover Downs Gaming & Entertainment announced a new round of layoffs Thursday.  It will also no longer run late-night table games during the workweek.

The casino dropped 10 employees in the first quarter of this year.  That comes on the heels of cutting 21 positions through attrition in 2014 when it posted a $706,000 loss for the year.

Beginning May 18, table game operations will shut down between 2 a.m. and 8 a.m. Monday through Thursday.

Baltimore’s loss is the First State’s gain on the jobs front.

Zacros America is moving its Hedwin Division - and the 154 manufacturing jobs connected to it - to the Newark/Glasgow area from Baltimore.

Tom Byrne/Delaware Public Media

A new chemical plant coming to New Castle will be the first of its kind in North America.

Gov. Jack Markell joined officials from chemical manufacturer Croda International Plc. Tuesday to break ground on the company’s new $170 million dollar plant at its Atlas Point facility.

Photo courtesy: Carvetise

Ever hopeful of luring sun worshipers bound for the Jersey shore to the beaches of coastal Sussex, the Delaware Tourism Office is rolling out a fresh marketing tactic this year.

And “rolling out” really is the proper term, because the effort calls for using what amounts to mobile billboards  -- 20 cars neatly wrapped with a promotional message cruising highways in Montgomery and Chester counties in Pennsylvania from now until the end of July.

First State farmers markets reopening for business

Apr 19, 2015
Delaware Dept. of Agriculture

A sure sign of spring has arrived.

The 2015 Delaware farmers’ market season opened this weekend with the Milton market kicking things off. Most markets start their operations in May and continue throughout the summer.

Gas prices continue to rise in Delaware

Apr 19, 2015
Delaware Public Media

First State gas prices climbed again in the past week.

AAA Mid-Atlantic reports the average price for a gallon of regular in Delaware rose by two cents from $2.38 to $2.40.  It's the third straight week prices have gone up, but First State drivers are still playing over a dollar less than they were a year ago when the average stood at $3.64.

Delaware Public Media

Delaware’s seasonally adjusted unemployment rate continues its skid, down two tenths of a point to 4.6 percent in March.

This is the ninth month of continued decline for Delaware’s jobless rate from 5.9 percent in June 2014.

Anne Hoffman/Delaware Public Media

Solar City, the top solar energy provider in the US, has opened its second Delaware operation in the city of Newark.

 

Gov. Jack Markell praised the company for delivering jobs and green energy.

 

"We want to see that continued growth. You talk about something that’s good for the economy. It’s good for the environment," he said.

 

Delaware Public Media

Retail is on the rebound, as more marquee merchants enter the market, shopping centers have fewer dark storefronts and malls record their highest occupancy rates in nearly two decades. 

That translates to more choices for consumers, who are showing signs of loosening their purse strings after years stuck in the economic doldrums.

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