Delaware Public Media

Business

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

Delaware Public Media

A recent technical error is delaying unemployment checks for many Delawareans still waiting for relief during the COVID-19 pandemic. 

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The loss of one NASCAR race weekend at Dover International Speedway next year is expected to deal Central Delaware's economy a blow.

 

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State officials offered plans Tuesday for the next phases of Delaware’s reopening.

Delaware Public Media

As Delaware’s economic reopening gets started and prepares for Phase 2 on June 15, the Delaware Division of Small Business is helping small businesses get back in the swing of things.

 

Delaware Electric Cooperative (DEC) customers are about to get a break on their bills.

 


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New Delaware unemployment claims have now reached six figures during the COVID-19 pandemic.  

 

The State Labor Department says it received 4,651 first-time unemployment claims last week pushing the total number of initial claims filed in Delaware since March 15th over 100 thousand.

 

 

Getting Back to Business Kits (Chamber photo)

The Central Delaware Chamber of Commerce works with about 850 businesses, representing about 36,000 individuals in Kent County.

 

And that work now includes helping many of those businesses reopen amid the COVID-19 pandemic.

 


2017 Delaware Farmers Markets

Delaware’s Dept. of Agriculture expects the state’s U-Pick farms to remain busy this summer despite the COVID-19 pandemic.

That prompted it to issue safety guidelines for these popular destinations.

State Department of Labor officials say Delaware’s unemployment rate rose to 14.3% in April. 

That’s a more than 9% increase from the month before when Gov. John Carney first declared a state of emergency in response to the coronavirus outbreak.

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Delaware is set to begin Phase 1 of its reopening plan on June.  In the interim, it’s is embarking on what Gov. John Carney calls a “rolling reopening” – a series of baby-steps that allow some segments of the state to ramp up even sooner.

The hope is to start getting the economy back up and running - and avoid long-term damage to it.

Contributor Jon Hurdle takes a look at where Delaware’s economy is right now – and what impact these initial steps may have on bringing it back in hard-hit sectors like restaurants and hospitality.


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Unemployment claims in the First State were up slightly last week after steadily falling for the previous six weeks.

The Delaware Labor Department says 5,584 first-time claims were filed by the end of last week.  That’s 387 more than the previous week.

State officials have formally announced Amazon will open a new fulfillment center in Wilmington.

Officials say Amazon has signed the lease to rent at the site of the recently demoed General Motors’ Boxwood Road assembly plant.

Delaware Public Media

After weeks of backlogs, the state’s Hospitality Emergency Loan Program (HELP) is helping more businesses.

HELP received 500 applications in its first six weeks, and faced a significant backlog because the Division of Small Business only had two underwriters to process them.

 

Gov. John Carney announced Tuesday additional allowances for retail and restaurants ahead of the planned start of phased reopening next month.

Live cash toll lanes return to the Delaware Memorial Bridge in time for the unofficial start of summer. 

The Delaware River and Bay Authority resumes live collections on the bridge Thursday just ahead of the Memorial Day weekend. 

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Initial unemployment claims continue dropping as the new system for independent contractors and the self-employed to file for benefits gets up and running this weekend.

 

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A leader in federal banking predicts a slow economic comeback for southern Delaware.


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Delaware is getting its share of loans from the Small Business Administration’s Paycheck Protection Program during its second round.

More than 5,600 applications totaling for nearly $400 million were approved in the latest round of funding as of May 1st.  That puts 45th among states which SBA Delaware District Director John Fleming said is in line with the state’s population.

Delaware Dept. of Agriculture

First State farmers markets can resume operations later this week with limitations and restrictions.

 

Delaware had lagged behind other states in the region in allowing the markets to reopen during the COVID-19 pandemic.

Delaware Public Media

The global car battery company Clarios recently announced it is permanently closing its assembly plant in Middletown later this year.

 


Clarios says it plans to shutter the doors at the Middletown facility in November. The move will affect about 200 Delaware workers.

Delaware Dept. of Agriculture

As the state tips its toe in the reopening waters – allowing some businesses to reopen in a limited fashion with significant restrictions – one area usually ramping up this time of year faces uncertainty.  Farmers markets have been told they must stay closed for now.

Contributor Eileen Dallabrida checks in with these markets and vendors that sell at them to learn how they’re dealing with the forced hiatus.

 


With some small businesses allowed to reopen on a limited basis on Friday, the question is "Are they ready?"

The CEO of the state’s public/private entity tasked with helping further economic development says the answer is "yes."

 


Delaware Public Media

Delaware is still shedding jobs, but the rate continues to slow substantially. Unemployment claims fell for a fifth straight week.

The State Labor Department says 6,183 initial claims were filed last week. 

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Gov. John Carney’s decision to reopen part of the state’s economy is good news for many businesses. 

Department, clothing, and sporting goods stores as well as hairdressers are among those allowed to open their doors to offer limited services.

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Independent contractors, the self-employed and others can start using a new system to apply for unemployment insurance benefits next week.

 

Delaware Public Media

Delaware small businesses are seeing better results during the second round of the Small Business Administration’s Payroll Protection Program.

As of May 1st, SBA reports more than sixty percent of applications were approved during this round.  More than $366 million dollars has gone to Delaware businesses through over 4,800 loans.

Kelli Steele / Delaware Public Media

The United States Postal Service (USPS) has hired a contractor to build Dover’s new post office. 


Delaware’s Bankruptcy Court is starting to see companies claiming Chapter 11 as a result of the economic shutdown during the coronavirus pandemic. 


Delaware Public Media

Delaware’s economy is still shedding jobs due to the COVID-19 pandemic, but the rate continues to slow.

First time unemployment claims in the First State dropped for a fourth straight week.

Auto insurers throughout the country are offering consumers breaks on their policies because of the COVID-19 pandemic.


The Delaware Department of Insurance is making residents aware of what insurance providers are doing for residents as vehicle use drops during the crisis.

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