Milestone Moments

MESSAGE FROM THE PRESIDENT

February 5, 2024

Congratulations, again, to Hervé Hoppenot and the team at Incyte for an outstanding job at our 187th Annual Dinner last week!

Hervé went into detail about Incyte's mission to Solve On™, and touched on the important pharmaceuticals the company has pioneered, including the new drug Zynyz (generic name retifanlimab-dlwr) that's designed to fight Merkel cell carcinoma and happens to be the first drug named after a state! These products they're creating are helping people around the globe live better lives. Thank you to all of our sponsors and attendees at the Annual Dinner. We sincerely appreciate your support and dedication to the Delaware business community and the thousands of employers and employees around the state.

At the dinner, we also announced our Coolest Thing Made In Delaware bracket competition for our state manufacturers! As of this morning, we have over 40 product nominations from over 25 companies around the state. Please share this video and nominate a company and product made here in the First State!

Nominate a product until February 21 >

Learn more about the competition >

Photo by Dick Dubroff / Final Focus Photography

News You Can Use

I found this 15-minute video interview of Peter Zeihan very interesting. Give it a view and tell me what you think. Economic news for this week kicks off today and tomorrow with several regional Fed Presidents speaking at different venues, including Philadelphia Fed President Patrick Harker tomorrow night. On Wednesday we’ll see U.S. trade deficit figures for December, and consumer credit data for January. Thursday brings us December wholesale inventory results, and we wrap up on Friday with CPI seasonal factor revisions.

McDonald's kicks off the week of earnings calls today, and is joined by Air Products, Caterpillar, Estée Lauder, Tyson Foods, Simon Property Group, and others. DuPont leads off on Tuesday, and is joined by Amgen, Assurant, Edwards Lifesciences, Fiserv, Hertz Global, KKR, Sonos, Willis Towers Watson, and many others. Allstate, CVS Health, Kodiak Gas Services, McKesson, Walt Disney and many others are on tap for Wednesday. Hershey Foods, Harley-Davidson, Lions Gate Entertainment, AMC Networks, PepsiCo, and TELUS International are among the dozens of calls scheduled later in the week.

Michael J. Quaranta

President

Delaware State Chamber of Commerce

Uniquely Delaware

Black History Month in Delaware: What to Do and How to Celebrate

Happy Black History Month! Over the years, Delaware has been a platform for incredible tales of impactful leaders, pioneers, artists, activists, and everyday heroes who have played a significant role in shaping the story of Black history in America. Delaware Today has put together a collection of February events, with many organized by DSCC member organizations, fostering reflection, commemoration, and the celebration of voices that have positively influenced the First State. View the list of events >

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