Month: February 2016

By Christi Milligan Economist Anirban Basu said that in a “shockingly weak” global market, the United States is holding its own. He also believes the strength of the strong consumer market will hold off a recession — at least in 2016. A highlight closer to home? Moody’s analytics shows that Delaware has fully recovered from…

  HAVANA (AP) — The United States and Cuba on Tuesday signed a deal restoring commercial air traffic for the first time in five decades, allowing of dozens of new daily flights to bring hundreds of thousands more American travelers a year to the island as early as this fall. Immediately after the signing, the…

Surgeons at Beebe Medical Center will be able to monitor their progress during procedures with a new mobile imaging device, General Electric’s OEC 9900 C-arm. The surgeons can see single images or live fluoroscopy, similar to a movie, on the machines, which will be operated by specially trained technologists. “We continually look for ways to…

Delaware, along with 49 states and the District of Columbia, have reached a settlement with MoneyGram Payment Systems, Inc. over complaints of consumers who used MoneyGram’s wire transfer service to send money to third parties involved in schemes to defraud consumers. The settlement will result in changes to MoneyGram’s practices and restitution for some MoneyGram…

By Kathy Canavan Patrick T. Harker, president of the Federal Reserve Bank of Philadelphia and former president of UD, gave an upbeat economic forecast at the Lyons Economic Forecast this morning. The annual event is co-sponsored by Lyons Companies and UD’s Center for Economic Education and Entrepreneurship (CEEE). Asked about negative interest rates, which Fed…

Margaret (Molly) DiBianca has been promoted from associate to counsel at Young Conaway Stargatt & Taylor. She joined the firm’s labor and employment practice in 2004. She maintains a legal practice consisting of equal parts litigation and client counseling, and represents employers in a variety of industries in employment rights claims, discrimination matters and equal…

Buying in to a franchise is like joining a winning team

By Christi Milligan There’s good news for the corporate cog, the tradesperson or even the dreamer hungry for a chance to be his or her own boss: Franchise small business growth is on track to outpace non-franchise small business growth this year, according to a study by the International Franchise Association. That’s a projected infusion…