Delaware Public Media

Business

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

Delaware Public Media

Earlier this year, Chemours decided to keep its headquarters in Delaware with the help of an nearly $8 million incentive package from the state.  And its latest earning report last month topped analyst expectations, leading some to suggest the company has turned the corner in its efforts to stand on its own after spinning off from DuPont.   We go one on one with Chemours CEO Mark Vergnano about the company’s health and future in the First State.

Delaware Public Media

Drivers in the First State could see higher gas prices headed into the holidays due to a cut in oil production.

Katie Peikes / Delaware Public Media

 

Amazon expects to ship more than 50 million items to customers around the world on Cyber Monday alone, and one of the facilities helping the company meet those deal-driven demands is in Middletown.

 


Delaware Public Media

As Delawareans return home from their Thanksgiving holiday – they’ll find gas prices unchanged.

AAA Mid-Atlantic reports the cost of a gallon of regular has remained the same over the past 7 days – holding at $2.10.

Megan Pauly / Delaware Public Media

Thursday is Thanksgiving, which means Black Friday and Small Business Saturday are right around the corner.

A new initiative is aiming to attract - and measure - more shoppers to downtown Wilmington this weekend.


Delaware Public Media

First State drivers hitting the road this Thanksgiving will enjoy lower gas prices as travel.

AAA Mid-Atlantic reports the cost of a gallon of regular dropped two cents over the past 7 days - from to $2.12 to $2.10.

Delaware Public Media

The Diamond State Port Corporation is purchasing the Chemours Edge Moor site for $10 million.


Delaware’s job numbers for October were released Friday, showing the state’s unemployment rate holding steady at 4.3 percent for the third straight month.

Delaware Public Media

There was little change in First State gas prices last week.

AAA Mid-Atlantic reports the cost of a gallon of regular dropped a penny over the past 7 days - from to $2.13 to $2.12.

Delaware Public Media

Chemours enjoyed its best quarter since spinning off from DuPont a little over a year ago.

The Wilmington-based chemical company announced a $204 million profit in its third quarter earnings report released Monday.

Chemours President and CEO Mark Vergnano credits the strong report to continued demand for its Opteon refrigeration line and cost-cutting efforts.

The company’s plan to reduce costs has trimmed expenses by more than $100 million - and about $60 million of those overall savings were realized in the third quarter.

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