Cannabis edibles to debut in Delaware in weeks

Charlie Megginson Business, Headlines, Health

The First State Compassion cannabis kitchen team at the company’s new facility in Wilmington. A Delaware-based medical marijuana company that has opened a state-of-the-art cannabis edible kitchen in Wilmington expects to bring a new line of THC-infused consumables to market in the coming weeks.  First State Compassion was Delaware’s first licensed medical marijuana distribution center and operates the state’s largest …

M&T, WSFS, PNC reducing, easing overdraft fees

Ken Mammarella Business, Headlines

Delaware’s largest banks are addressing concerns about overdraft fees (Photo by Karolina Grabowska from Pexels)   Delaware’s three biggest banks are changing their rules on overdraft fees. M&T Bank this month is joining a nationwide movement to reduce or eliminate overdraft fees. WSFS Bank in December eased its overdraft rules. PNC Bank last year expanded its app to give customers …

To-go alcohol, outdoor dining bill sails through House committee

Charlie Megginson Business, Government, Headlines

At least 20 other states will allow the continued sale of to-go alcoholic beverages. A bill to permanently allow restaurants to sell to-go alcoholic beverages was unanimously voted out of the House Administration Committee Tuesday.  House Bill 290, sponsored by Rep. Pete Schwartzkopf, D-Rehoboth, would allow any restaurant, brewpub, tavern or taproom with a valid on-premise liquor license to sell …

Company run by alums creates UD data scholarship

Charlie Megginson Business, Education, Headlines

Predictive Analytics Group founders and University of Delaware Alumni have started a $50,000 endowed scholarship. Left to right: CEO Stephen Hoops, managing partner of U.S. operations David LaRoche, chief data and analytics officer Dee Ridgeway A Newark company founded by three University of Delaware alumni has created an endowed scholarship for current students.  Predictive Analytics Group, a data analytics company …

Del. minimum wage to increase Jan. 1 and not everyone is happy about it

Charlie Megginson Business, Government, Headlines

Delaware’s minimum wage will increase to $10.50 per hour Saturday. (Getty Images/Darren415) With Delaware’s minimum wage set to increase from $9.25 per hour to $10.50 per hour beginning Jan. 1, some are still sounding the alarm bell for the impacts such a move will have on small businesses — and consumers, too.  The adjustment is the first of four gradual …

Ørsted’s Skipjack 2 offshore wind project given the green light

Charlie Megginson Business, Government, Headlines, Health

Photo courtesy of Ørsted. The Maryland Public Service Commission has selected Danish multinational power company Ørsted’s Skipjack Wind 2 for a 20-year Offshore Renewable Energy Credit. Skipjack Wind 2 is an 846-megawatt offshore turbine project that aims to power approximately 250,000 homes in the Delmarva region with clean energy. Though the energy produced will mostly go to other states, Delaware …

After food ran out in Sussex, Food Bank set another drive-thru Monday

Betsy Price Business, Headlines

    The Food Bank will return to Crossroad Church Monday in Georgetown. Photo from November event by Kim Turner.   The spirit of the season and a commitment to service are bringing the Food Bank of Delaware back to its Sussex distribution site a week after its last monthly distribution there. When the Dec. 13 drive-thru pantry in Georgetown …

Mountaire employees vote by big margin to oust union

Betsy Price Business, Headlines

  Mountaire employees have voted to decertify their union.   Mountaire Farms employees in Selbyville have voted to remove the United Food and Commercial Workers union from their plant. The plant, which processes fresh chicken products, was the only Mountaire plant that had unions, which were in place when the plant was bought by Mountaire in 1977.  It also has …

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Wilmington wins $15 million digital financial tech company headquarters

Betsy Price Business, Headlines

      A company that digitally links cash management accounts will build a $15.37 million headquarters and customer service center in Wilmington, in hopes of adding 395 new jobs. Investor Cash Management will become the newest addition to the city’s hub of financial companies. The company, which started in 2018 and now employs 30, offers a platform as a …

Wilmington meats manufacturer to build $18 million plant, add 190 jobs

Betsy Price Business, Headlines

New B&M Meats will build an 80,000-square-foot production facility to manufacture sandwich steak and chicken     A manufacturer of raw sandwich steaks and chicken steaks will invest more than $18 million to build a new 80,000-square-foot plant and add 190 new jobs. New B&M Meats Inc’s addition to Wilmington’s food production industry will use $1.1 million in state grants …