Business

2:21pm

Fri February 27, 2015
Wilmington Port-Chrysler

Chrysler vehicles to be shipped from Port of Wilmington

WILMINGTON, Del. (AP) — The Port of Wilmington has secured a multiyear contract to export Chrysler vehicles to the Middle East.

Diamond State Port Corporation, which operates the port, announced Thursday that Chrysler, Dodge and Jeep cars and trucks will be shipped from Wilmington beginning March 1.

The vehicles are manufactured by FCA US LLC, the former Chrysler company that merged with Fiat. A company spokeswoman says the vehicles shipped from Wilmington will come from assembly plants in Michigan, Illinois and Ontario, Canada.

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1:48pm

Wed February 25, 2015
Poultry-Economy

Study: Poultry industry big contributor to Va.'s economy

HARRISBURG, Va. (AP) — A recent study shows the poultry industry is a big contributor to Virginia's economy.

The study by economic research firm John Dunham & Associates found that the industry contributed $13.7 billion to the state's economy in 2014.

The study says more than 52,000 jobs are linked to poultry, including more than 15,000 jobs in the industry and more than 24,000 supplier jobs. Wages connected to the industry totaled $2.8 billion in 2014.

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3:16pm

Mon February 23, 2015
Cardin-Tax Proposa

Sen. Cardin to discuss consumption tax proposal

ANNAPOLIS, Md. (AP) — Sen. Ben Cardin is scheduled to talk about his progressive consumption tax proposal.

The Maryland Democrat is discussing the proposal Monday with Maryland business leaders in Annapolis at the Maryland Chamber of Commerce.

Cardin's proposal would eliminate federal income taxes for most people in the country. It also would reduce the corporate income tax rate. Instead, Cardin is proposing taxing the purchase of goods and services.

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1:07pm

Wed February 18, 2015
Carney-Tax Reform

Carney holds private, public meetings on tax issues

WILMINGTON, Del. (AP) — U.S. Rep. John Carney is holding a series of closed-door meetings with government and business leaders in Delaware to talk about the U.S. tax system.

Continuing what his office calls a "tax reform listening tour," Carney was to meet privately Wednesday with top executives of drugmaker AstraZeneca to discuss the corporate tax code.

On Thursday, Carney was to hold separate closed-door meetings with the state Chamber of Commerce's tax reform committee, and with state finance secretary Tom Cook and other financial leaders.

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1:05pm

Wed February 18, 2015
Tourism Grants

Va. to announce tourism matching grant funds

RICHMOND, Va. (AP) — The recipients of Virginia tourism grants totaling $773,000 are set to be announced.

Secretary of Commerce and Trade Maurice Jones and state legislators will do the honors on Wednesday in Richmond. The matching grant funds are part of the Virginia Tourism Corp.'s marketing leverage program.

They are intended to help local and regional tourism groups attract more visitors by leveraging local marketing dollars. The local groups match the state grant funds by a minimum of 2-to-1.

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