The Morning News for May 17, 2011

by Dave on May 17, 2011

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M&T Completes Wilmington Trust Buy (The Street)
M&T Bank Corp.(MTB_) on Monday announced the completion of its acquisition of Wilmington Trust. The deal ends Wilmington’s over 100 year history as a independent bank that was cut short by economic slump in its native Delaware. (MORE)

Georgetown Train Station Will Be Restored (Sussex Pilot)
Officials stress the historic Georgetown Train Station will be completely restored, though the memories of the Saturday, May 7, fire are still fresh in everyone’s minds. (MORE)

A One-of-a-Kind Event hosted by Schell Brothers!
On Saturday, June 18th, EXPOsure will provide a fun, informative, and interactive environment focused on the high performance features associated with the Schellter(TM) brand offered exclusively by Schell Brothers. Held at the Independence clubhouse in Millsboro, the main floor will showcase benefits such as energy efficiency, unparalleled indoor air quality, and product durability, qualities that set Schell Brothers homes apart from standard market offerings.   Schellter(TM) Advanced Building Science is the smart technology developed by Schell Brothers to provide consumers with the ultimate high performance home. The company is proud to be among the elite qualifiers for the US Department of Energy’s Builders Challenge Program. The Schellter(TM) guarantee ensures a healthier, more comfortable living environment that will impact the lives of Schell Brothers homeowners for years to come. Stop by our communities and ask the sales team about the high performance brands available only at Schell Brothers!

Feds intensify study of Prime Hook Refuge (Cape Gazette)
The U.S. Fish and Wildlife Service has decided to undertake a ramped-up environmental study to assess factors affecting Prime Hook National Wildlife Refuge. (MORE)

Delaware budget panel votes for state worker, retiree pay bump (Dover Post)
In its first day of budget drafting, the General Assembly’s Joint Finance Committee voted unanimously to give state workers a 2% pay increase and bump retirees’ pension payments by 1% beginning Jan. 1, 2012. (MORE)

Council delays vote on time extensions for developers (Cape Gazette)
A 230-year-old quote from founding father Ben Franklin pretty much sums up the debate taking place over a proposal by Sussex County Council to give developers more time to start projects. (MORE)

Del. Treasury to Deposit More Funds in Banks (WBOC)
Delaware State Treasurer Chip Flowers Jr. on Monday signed a directive that aims to increase the number of banks holding state deposits. (MORE)

Toll hike proposed at the Delaware Memorial Bridge (NJ.com)
The Delaware River and Bay Authority has proposed raising the base toll by $1 on its Delaware Memorial Bridge and increasing the steep discount rates that its E-ZPass holders now enjoy. (MORE)

BBC In Lewes Tuesday to Film Kalmar Nyckel (WGMD)
The Kalmar Nyckel will be part of a documentary to be filmed by the BBC this week. A British Broadcasting Corporation film crew will be in Lewes on Tuesday to shoot footage of Delaware’s tall ship for a documentary detailing the story of James Annesley. (MORE)

Dining out gets tougher for bargain hunters (Delaware Online)
Thanks to the recession, 2010 was a year of $5.99 lunchtime specials, dollar-menu bargains and two-for-one meal deals; 2011 is turning out to be quite a different beast. (MORE)

 

National Top Stories:
Enjoy Your Day,
Dave Burris
Coastal Sussex Morning News

 

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