Delaware Public Media

Business

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

Delaware Public Media

Toys R Us announced last week it’s closing all of its stores nationwide. Its Dover location is the only toy store in Kent County.


Sen. Tom Carper (D-Delaware) says restoration of federal tax credits will help Bloom Energy create hundreds more jobs in Delaware. But the company has only created about a third of the jobs it promised to bring the state five years ago.


Port of Wilmington

The Trump Administration’s decision to impose tariffs on steel imports could have some effect on ports along the Delaware River, including the Port of Wilmington.


Delaware’s unemployment rate held steady at 4.5% in January. Early numbers also show the addition of more than two thousand non-farm jobs in the state, but experts say the growth could be attributed to the change of seasons.

Delaware Public Media

Delaware drivers are getting some relief at the gas pump, but it may be short-lived.

AAA Mid-Atlantic reports the average cost of a gallon of regular statewide stands at $2.43. That’s down 2 cents from a week ago, and nearly 10 cents over the past month.

Delaware Public Media

The new public-private economic development group the Delaware Prosperity Partnership has settled on a president and CEO.


The Delaware State Chamber of Commerce has settled on its new President.

Michael J. Quaranta has been tapped to replace current president, Rich Heffron when he retires June 30th.

2017 Delaware Farmers Markets

Delaware Farmers Markets recorded their second highest year for overall sales in 2017. The state’s 21 Farmers Markets grossed a total of more than $3 million in sales last year.

DowDupont

Dow Chemical merged with DuPont back in August - creating a 103 billion dollar company. It is now consolidating operations ahead of breaking into three smaller entities - two of which will call Delaware home.

Delmarva Power said it’s dropping its rate hike request by $26 million because of federal corporate tax breaks.


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