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Wilmington Business News

The Apache Software Foundation
Regional / Technology

Apache Elevates Fluss, Pony Mail to Top-Level Projects

August 12, 2026August 10, 2026 - by Timothy Alexander

WILMINGTON, DE — The Apache Software Foundation has elevated Apache Fluss and Apache Pony Mail to Top-Level Project status, giving the two open-source projects independent standing within the foundation as …

Apache Elevates Fluss, Pony Mail to Top-Level Projects Read More

Acorn Energy
Regional

Acorn Revenue Falls 29% as Hardware Sales Drop

August 12, 2026August 10, 2026 - by Timothy Alexander

WILMINGTON, DE — Acorn Energy Inc. (NASDAQ: ACFN) reported a 29.4% decline in second-quarter revenue as hardware sales to a major telecommunications customer fell sharply, outweighing growth in the company’s …

Acorn Revenue Falls 29% as Hardware Sales Drop Read More
Global Indemnity Group
Regional

Global Indemnity Profit Rises as Underwriting Improves

August 11, 2026August 10, 2026 - by Timothy Alexander

WILMINGTON, DE — Global Indemnity Group LLC (Nasdaq: GBLI) posted an 8% increase in second-quarter net income as lower claims costs and premium growth supported underwriting profitability, while expansion in …

Global Indemnity Profit Rises as Underwriting Improves Read More

Business news
Regional / Technology

LeverageOne Expands Software Platform for Trading Firms

August 10, 2026August 9, 2026 - by Timothy Alexander

WILMINGTON, DE — LeverageOne has expanded its enterprise software offering for brokers, proprietary trading firms and other trading-related businesses, positioning the platform as a configurable infrastructure layer for companies seeking …

LeverageOne Expands Software Platform for Trading Firms Read More
WSFS Financial Corporation
Regional

WSFS Holds Investment-Grade Ratings With Stable Outlook

August 10, 2026August 9, 2026 - by Timothy Alexander

WILMINGTON, DE — WSFS Financial Corporation (NASDAQ: WSFS) retained investment-grade credit ratings from Morningstar DBRS, with a stable outlook reflecting the lender’s market position, diversified revenue and balance-sheet strength. Morningstar …

WSFS Holds Investment-Grade Ratings With Stable Outlook Read More

The Bancorp
Regional

Bancorp Raises 2026 Outlook as Fintech Fees Lift Earnings

August 10, 2026August 9, 2026 - by Timothy Alexander

WILMINGTON, DE — The Bancorp Inc. raised its 2026 earnings forecast after second-quarter profit increased and fintech-related fee revenue expanded, offsetting pressure from lower net interest income and a narrower …

Bancorp Raises 2026 Outlook as Fintech Fees Lift Earnings Read More
Qnity Electronics
Regional / Technology

Qnity, University of Delaware Expand Semiconductor Talent Pipeline

August 9, 2026August 7, 2026 - by Timothy Alexander

WILMINGTON, DE — Qnity Electronics Inc. (NYSE: Q) is partnering with the University of Delaware College of Engineering to deepen its engineering talent pipeline and support semiconductor manufacturing research, as …

Qnity, University of Delaware Expand Semiconductor Talent Pipeline Read More

Financial Capability
Personal Finance

WSFS Survey Finds 39% of Consumers Cutting Spending

August 9, 2026August 7, 2026 - by Timothy Alexander

WILMINGTON, DE — Nearly four in 10 consumers in the Greater Philadelphia and Delaware region are spending less than they were a year ago, with households cutting restaurants, travel and …

WSFS Survey Finds 39% of Consumers Cutting Spending Read More
Qnity Electronics
Regional / Technology

Qnity Expands Chip Packaging Research Through Imec

August 9, 2026August 7, 2026 - by Timothy Alexander

WILMINGTON, DE — Qnity Electronics (NYSE: Q) is expanding its investment in advanced semiconductor packaging by joining imec’s research program, giving the company access to research infrastructure and industry partnerships …

Qnity Expands Chip Packaging Research Through Imec Read More
Incyte
Regional

Incyte Wins EU Approval for Opzelura in Atopic Dermatitis

August 9, 2026August 7, 2026 - by Timothy Alexander

WILMINGTON, DE — Incyte (Nasdaq: INCY) secured European Commission approval for Opzelura cream to treat moderate atopic dermatitis in certain adults, giving the Wilmington-based drugmaker a second European indication for …

Incyte Wins EU Approval for Opzelura in Atopic Dermatitis Read More

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