Connect with us

Delaware

Alarm Bells Ring as Delaware 'Radically' Shifts More Power to Corporate Insiders | Common Dreams

Published

on

Alarm Bells Ring as Delaware 'Radically' Shifts More Power to Corporate Insiders | Common Dreams


While Democratic Gov. Matt Meyer declared that “Delaware is the best place in the world to incorporate your business, and Senate Bill 21 will help keep it that way,” critics reiterated concerns about the corporate-friendly state legislation he signed this week.

The Delaware House of Representatives sent the Senate-approved S.B. 21 to Meyer’s desk on Tuesday in a 32-7 vote, with two members absent. The Delaware Business Timesreported that the governor “arrived in Dover to sign the measure into law less than two hours after it passed,” and “the bill signing was closed to the press.”

The bill sailed through the Delaware General Assembly despite anti-monopoly, economic, and legal experts blasting it as a “corporate insider power grab” and accusing state legislators of choosing “billionaire insiders—like Elon Musk and Mark Zuckerberg—over pension funds, retirement savers, and other investors.”

Delaware Working Families Party (WFP) political director Karl Stomberg said in a Wednesday statement that “at a time when rank-and-file Democrats across the country are begging their leaders to stand up to” President Donald Trump and Musk, his billionaire adviser, Democratic lawmakers in the state “just gave Musk a $56 billion handout.”

Advertisement

That’s a reference to Musk’s 2018 compensation package for his electric vehicle maker, Tesla, which a Delaware judge ruled against, prompting the richest billionaire on Earth to ditch the state and encourage other business leaders to do the same. Fears of a potential “Dexit” led to lawmakers’ frantic effort to pass S.B. 21.

“The Working Families Party has been standing up against this proposed bill for weeks now, and we recognize the need to fight back against corporate overreach in our government,” said Stomberg. “WFP electeds proposed serious amendments to address our concerns with the bill that would protect the people of Delaware, but the Democrats chose to side with Musk and vote them down.”

“This bill is an indictment of the failed Delaware Way, which continues to allow big corporations and the ultrawealthy like Elon Musk and Mark Zuckerberg to enrich themselves at the expense of working people,” added Stomberg.

Zuckerberg is the CEO of Meta, Facebook and Instagram’s parent company. CNBC recently revealed that “a day after The Wall Street Journal published its story on Meta considering a Delaware departure, Meyer, who was brand new to the job, convened an online meeting with attorneys from law firms that have represented Meta, Musk, Tesla, and others in shareholder disputes in the state, according to public records obtained by CNBC. Other attendees included members of the Delaware Legislature.”

“The following day, records show, Meyer invited a second group to meet with him and new Secretary of State Charuni Patibanda-Sanchez. That invitation went to Kate Kelly, Meta’s corporate secretary, and to Dan Sachs, the company’s senior national director of state and local policy,” according to CNBC. “The invite also went to James Honaker, an attorney with Morris Nichols, a firm that’s represented Meta in federal court in Delaware, and to William Chandler, former chancellor of the Delaware Court of Chancery, who is now part of Wilson Sonsini’s Delaware litigation practice.”

Advertisement

Just weeks after those meetings, the governor urged state lawmakers to swiftly pass S.B. 21. The Lever‘s Luke Goldstein wrote Wednesday that “the timing of the emails obtained by CNBC reveals clear motivations driving the current law which was rushed before the Legislature last month by the new governor: to let top executives off the hook for legal liabilities.”

In earlier reporting, Goldstein highlighted that “Delaware, which has long been perceived as a billionaire playground and corporate tax haven, is the incorporation home to more than 60% of all Fortune 500 companies. That means, if enacted, the wide-ranging regulatory handouts in the bill will have sweeping consequences for corporate behavior across the country.”

The Lever’s founder, David Sirota, on Wednesday lamented the limited attention the Delaware law is receiving, compared with a major national security breach involving several top Trump officials’ unsecure group chat about war plans. As he put it, “Cannot overstate how significant this is—while the national media is focused on the D.C. drama, a group of Democrats off the radar in a tiny state just radically shifted more power to the planet’s largest corporations via world-changing legislation.”

Daniel Hanley, senior legal analyst at the Open Markets Institute, said Wednesday that “the Delaware lawmakers that enacted S.B. 21 are lapdogs for corporations and Musk. How this one state came to control practically all of American corporate law is a long story, but regardless, Congress can and should take the power away.”



Source link

Advertisement

Delaware

Housing advocates urge Wilmington officials to do more to address homelessness

Published

on

Housing advocates urge Wilmington officials to do more to address homelessness


Mayor John Carney vowed to address homelessness in his first year in office. He is proposing allowing unhoused people to camp in one of the city’s parks. But all other encampments would be banned.

“As we attempt to provide support for the unhoused here in Wilmington, we have a responsibility on how, on behalf of the residents of neighborhoods, to ensure that Wilmington operates in an orderly and lawful way,” he said in October.

Raquel Cruz said she doesn’t think the mayor’s plan goes far enough.

“The mayor needs to do much, much more than just shuffle the unhoused around rather than try to pursue better outcomes for them,” she said.

Advertisement
Raquel Cruz and Noel Camacho joined the rally at Wilmington City Hall to advocate for more services for the homeless. (Sarah Mueller/WHYY)

Housing advocates argue a ban on sleeping outside criminalizes homelessness. They said Wilmington needs more shelter beds and affordable housing.

Carney said city officials would provide restroom facilities and clean water for Christina Park residents and will explore adding a shower facility there. On-site security is also part of the plan.

The city is also working with the Wilmington Housing Authority and the Ministry of Caring to open a dining hall for the homeless at the WHA site a block away from Christina Park.

People marching on the sidewalk and holding up signs
Marchers walk to the Wilmington city hall as part of a progressive movement meant to rally support for homeless services. (Sarah Mueller/WHYY)

The mayor has also argued that Philadelphia’s efforts to clean up Kensington, an area known for an open-air drug market and homeless encampments, is adding to Wilmington’s homeless population looking for shelter and services.



Source link

Advertisement
Continue Reading

Delaware

Here’s which stores are open for Thanksgiving, Black Friday shopping in Delaware

Published

on

Here’s which stores are open for Thanksgiving, Black Friday shopping in Delaware


Whether you need to grab some last-minute Thanksgiving ingredients or are planning to indulge in the doorbuster deals on Black Friday, you’ll need to know the store hours of your local grocery stores, malls and retailers.

This year, Thanksgiving falls on Nov. 27, and the annual Black Friday shopping rush falls on Nov. 28.

Order from Instacart:

Here’s which Delaware stores and malls are open during Thanksgiving and Black Friday.

Advertisement

What are Christiana Mall’s Thanksgiving, Black Friday hours?

Christiana Mall near Christiana will be closed for Thanksgiving, but will have special expanded hours on Black Friday from 8 a.m. to 9 p.m.

What are Concord Mall’s Thanksgiving, Black Friday hours?

Concord Mall in Brandywine Hundred is also closing its doors Thanksgiving, but will be open from 10 a.m. to 9 p.m. on Black Friday.

What major retailers are open on Thanksgiving, Black Friday?

Before racing off to find Black Friday deals, check when these major retailers are open.

Advertisement
  • Target: Target stores will be closed on Thanksgiving and open at 6 a.m. on Black Friday.
  • Walmart: All Walmart stores will be closed on Thanksgiving and open the following day at 6 a.m. for Black Friday deals.
  • Boscov’s: Boscov’s will be closed on Thanksgiving and open on Black Friday.
  • Macy’s: Macy’s will be closed on Thanksgiving and open on Black Friday.
  • Best Buy: Best Buy stores will be closed on Thanksgiving and open on Black Friday.
  • Kohl’s: Kohl’s will be closed on Thanksgiving and reopen at 5 a.m. on Black Friday.
  • TJ Maxx: TJ Maxx stores will be closed on Thanksgiving and open at 7 a.m. on Black Friday.
  • JCPenney: JCPenney locations will be closed on Thanksgiving and reopen Black Friday at 5 a.m.
  • Nordstrom: Nordstrom stores will be closed on Thanksgiving and open on Black Friday.

What grocery stores are open on Thanksgiving?

If you’re looking to get supplies for your Thanksgiving dish or you forgot a key ingredient before the big meal, here are Delaware grocery stores’ hours on Thanksgiving.  

  • Wegmans: Wegmans will close early on Thanksgiving at 4 p.m.
  • ShopRite: ShopRite will close early at 4 p.m.
  • Acme: Acme markets are open until 4 p.m.
  • Giant Food: Giant stores are open until 5 p.m.
  • Aldi: Aldi locations will be closed on Thanksgiving.
  • Food Lion: Food Lion stores will be open until 3 p.m.
  • Costco: Costco is closed on Thanksgiving.

Sophia Voight is a growth and development reporter. Reach her with feedback and story tips at svoight@delawareonline.com.



Source link

Continue Reading

Delaware

AARP Delaware honors Bethany volunteer for community service

Published

on

AARP Delaware honors Bethany volunteer for community service


AARP Delaware recently announced Ted Spickler of Bethany Beach was honored with its 2025 Andrus Award for Community Service, the association’s most prestigious and visible state volunteer award.

A retired professor, Spickler was recognized for his extraordinary dedication to community service. As an AARP Delaware advocate, Spickler regularly traveled to attend volunteer meetings, committee hearings and legislator meetings, demonstrating his deep commitment to improving the lives of older Delawareans and strengthening the community. As the legislative committee chair of Delaware’s South Coastal AARP Chapter, he keeps the committee and chapter informed about a variety of issues that affect older Delawareans and their families.

Beyond his work with AARP, Spickler is active with Citizens Climate Lobby, advocating for policies to create a healthier environment for future generations.

“Ted embodies the spirit of volunteerism, sharing his skills, knowledge and enthusiasm to support his AARP chapter, our state office and his community,” said Wendell Alfred, AARP Delaware volunteer state president. “His curiosity, dedication and kindness have been a great example for other volunteers.”

Advertisement

Recipients across the nation were chosen for their ability to enhance the lives of AARP members and prospective members, improve the community in or for which the work was performed, and inspire others to volunteer.

 



Source link

Continue Reading
Advertisement

Trending