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Delaware Business Times
Delaware unemployment report meets national average
DOVER – Delaware’s unemployment rate now matches the United States’ average, with hundreds of jobs added back to the market in the last month, according to state officials. April saw a gain of 2,100 jobs and the loss of 700 jobseekers in the labor force, according to...
People on the Move: May 17
People on the Move is a rundown of recent hirings, promotions, appointments and other notable movements by professionals in the state. If you’re interested in submitting an entry, please contact news@delawarebusinesstimes.com. William Lenihan, AIA, NCARB has been named a member of the U.S. Commission of Fine Arts. Lenihan is...
DE222 Honoree: Bill Holloway
Alma Mater: Pennsylvania State University, Georgetown University. Boards: National Institute of Building Sciences, Del-Mar-Va Council of the Boy Scouts of America, New Castle County Chamber of Commerce, Easterseals of Delaware and Maryland’s Eastern Shore. Q&A: Favorite thing about Delaware? “Delaware’s ocean beaches!”. Bill Holloway has had a...
VIEWPOINT: Delaware Teachers Deserve Continuous Appreciation
Each May during National Teacher Appreciation Week, Delaware takes a moment to honor and celebrate the incredible contributions of educators across the state. Businesses offer teacher specials. School administrations and parent teacher organizations provide lunches. Students and families show their thanks with notes or small gifts. Elected leaders recognize the profession. All aim to honor the profound impact educators have on shaping our students and their future. The truth is our teachers deserve a high level of appreciation all year long.
DE222 Honoree: Thomas J. Hanna
Thomas “T.J.” Hanna teamed with partner E. Thomas Harvey III in 1997 to build Harvey Hanna & Associates from a boutique real estate development firm into one of the major firms of Delaware. Hanna has overseen development and management of more than 6 million square feet of commercial space in the mid-Atlantic region and hundreds of millions of dollars in financing and sales. He was instrumental in converting the former GM Boxwood plant into a site that today boasts one of the largest Amazon facilities in the country. In 2008, Hanna also established the Delaware KIDS Fund, a charitable organization designed to assist local area kids in distressed situations.
By the numbers: A deeper look at health care spending in Delaware
DOVER— As Delaware’s health care spending continues to increase, legislators and industry leaders are taking a stand to make a change with what has become a very controversial debate. This week, legislators and hospital executives reached a deal on House Bill 350, which would create the seven-member Diamond...
Solenis named best managed company, fourth consecutive year
WILMINGTON — Solenis, a chemical manufacturing company, has been named as a recipient of the 2024 Best Managed Company award, achieving Gold Standard status. Sponsored by Deloitte Private, an international financial firm, and The Wall Street Journal, recognizes the accomplishments of U.S. private companies and leadership demonstrated by their management teams. Solenis has received this award for the fourth consecutive year.
DE222 Honoree: E. Thomas Harvey III
Boards: American Heart Association, Delaware Chapter. E. Thomas “Thom” Harvey III had a long, successful career building a solid waste hauling and recycling firm when he decided to partner with T.J. Hanna to form the commercial real estate development firm Harvey Hanna & Associates in 1997. Since then, they’ve redeveloped four prominent business campuses and industrial parks, expanded into retail centers and developed a successful hotel affiliate, TKo Hospitality. Outside of the fi rm, Harvey is a philanthropist, having donated $1.3 million to the American Heart Association to fund more resources, educate the public, and operate new programs.
Scott + Scott opens new office in downtown Wilmington
The firm handles complex litigation matters with a large institutional buying base that represents stockholders that may take issue with a corporate transaction or other consumer and antitrust matters. Scott + Scott has offices in New York, Connecticut, Virginia, Arizona, Ohio, Nebraska, Texas and California, as well as London, Amsterdam and Berlin.
VIEWPOINT: My Journey to Championing Financial Literacy Education in Delaware
As a retired optometrist, military medical commander, industry consultant, and state legislator, my life has been guided by a simple principle: solve problems and take action to help others. This guiding ethos led me down varied pathways, from serving in the military to advocating for financial literacy in Delaware schools. It’s a journey that has shaped my perspective and fueled my passion for making a difference in the lives of others.
Payroll Vault opens in Rehoboth Beach
REHOBOTH BEACH — Justin Russell is hoping to fill a void for small business owners in Sussex County through his new franchise – Payroll Vault. “Payroll services are typically something that small to medium-size businesses overlook or struggle with versus a larger corporation that has the software or ability to hire someone specifically for that role,” Russell told the Delaware Business Times. “As a small business owner, if you’re not outsourcing a partner in payroll, you’re usually spending a lot of time doing it yourself.”
Hospital leaders, legislators agree on hospital spending bill in Delaware
DOVER — Health care leaders and legislators have reached a compromise on a bill that seeks to regulate hospital spending in the First State after months of divisive debate. Delaware Healthcare Association (DHA) President and CEO Brian Frazee released a public letter of support to the General Assembly Monday afternoon, stating that the DHA now “stands neutral on HB 350 and will no longer actively oppose the bill at this time.”
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