Coronavirus daily news updates, September 24: What to know today about COVID-19 in the Seattle area, Washington state and the world

Lenore Staats

Editor’s note: This is a live account of COVID-19 updates from Thursday, September 24, as the day unfolded. It is no longer being updated. Click here to see all the most recent news about the pandemic, and click here to find additional resources.

United Nations leaders gathering at a virtual summit this week are hoping a coronavirus vaccine will be affordable to all countries, rich and poor, and some say they’re concerned that the U.S., China and Russia have opted out of the collaborative effort.

Meanwhile, President Donald Trump said Wednesday the White House might reject a plan

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Lawmakers approve funding for hospitals, landlords, farmers

Lenore Staats

JACKSON, Miss. (AP) — Hospitals, veterans’ centers, farmers and landlords in Mississippi would receive money to respond to the coronavirus pandemic under bills passed by state lawmakers Thursday night.

Members of the Mississippi House and Senate returned to the Capitol on Thursday to reallocate some of the COVID-19 relief money the state received from the federal government.

Like many other states, Mississippi received $1.25 billion from Congress to respond to the pandemic.

Mississippi lawmakers initially put $300 million into a program to aid small businesses. Officials have said the state received fewer requests than expected for the business aid.

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Harry and Meghan pitched home videos to Netflix: report

Lenore Staats

Prince Harry and Meghan Markle may have denied they are working with Netflix on a reality TV show about their day-to-day lives as royals living in California and promoting worthy causes, but that doesn’t mean the Duke and Duchess of Sussex didn’t offer to participate in some kind of documentary about their dramatic departure from the royal family, according to The Daily Mail.

They did so by saying they could share home videos and other personal materials they recorded during those tumultuous months, the Daily Mail said in a new report.

While negotiating to get a reported multimillion-dollar deal, the

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Global Social Business Intelligence Market Trajectory & Analytics 2020-2027

Lenore Staats

The “Social Business Intelligence – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Social Business Intelligence estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at a CAGR of 24.7% over the period 2020-2027.

The U.S. Market is Estimated at $504.9 Million, While China is Forecast to Grow at 24.1% CAGR

The Social Business Intelligence market in the U.S. is estimated at US$504.9 Million in the year 2020. China, the world’s second largest economy, is forecast

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Hitachi preparing to pull out of nuclear project in blow to UK climate ambitions

Lenore Staats

Hitachi is preparing to abandon plans to build a new power station at Wylfa on Anglesey, an island off the coast of north Wales, in a severe blow to Britain’s struggling nuclear power programme.

The Japanese industrial group is expected to make the formal decision at a board meeting in Tokyo on Wednesday, said multiple figures close to the project.

The move is the latest blow to the UK’s nuclear plan at a time when it is rushing to cut the emissions that cause climate change in order to meet a “net zero carbon” target by 2050.

Wind has taken

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Emirates Steel appoints ECI as credit insurance partner – Business

Lenore Staats

Emirates Steel has named Etihad Credit Insurance (ECI) as its credit insurance partner to provide export credit protection to its global exports.

The UAE-based industrial conglomerate has signed an agreement with ECI for a comprehensive trade credit insurance package, to receive protection against commercial risks and easy access to loans from banks, to further increase its funding capacity.

Commenting on the appointment, chief executive officer of ECI, Massimo Falcioni, said: “We are resolved to providing an outstanding level of service in line with Etihad Credit Insurance’s highest standards. ECI’s support to Emirates Steel is a testament to our mission to

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Trump Supports Granting More Small Business Loan Money Immediately, Mnuchin Says

Lenore Staats



Steven Mnuchin wearing a suit and tie: US Treasury Secretary Steven Mnuchin testifies during a House Financial Services Committee hearing on "Oversight of the Treasury Department's and Federal Reserve's Pandemic Response in the US Capitol in Washington,DC on September 22, 2020. Mnuchin said President Donald Trump supports more small businesses loans.


© Joshua Roberts/AFP
US Treasury Secretary Steven Mnuchin testifies during a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response in the US Capitol in Washington,DC on September 22, 2020. Mnuchin said President Donald Trump supports more small businesses loans.

Secretary of the Treasury Steven Mnuchin said President Donald Trump is in favor of granting more federal loans to small businesses, as stimulus negotiations continue to stall.

“The president would very much support signing into law additional PPP [Paycheck Protection Program] money immediately,” Mnuchin said during a congressional hearing.

Mnuchin and Federal Reserve

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Social Business Intelligence Market to Witness Growth

Lenore Staats

Social Business Intelligence Market

The research dives deep into the global share, size, and trends, as well as growth rate of the Social Business Intelligence market to project its progress during the forecast period. Most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate of the Social Business Intelligence market. The research segments the market on the basis of product type, application, and region.

Get Sample Copy of this [email protected] https://bit.ly/2DM91e6

The major manufacturers covered in this report:

• Sysomos
• HP
• Lithium Technologies
• IBM
• Radian6/Salesforce

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Shrinkflex plans IPO to raise funds

Lenore Staats

Shrinkflex plans IPO to raise funds

Proceeds earmarked for second facility

Shrinkflex Thailand Plc, the country’s largest shrink-film label manufacturer, is planning an initial public offering on the Market for Alternative Investment (MAI) to raise money for a second production facility.

The company submitted its listing application on the MAI in the industrial sector in June and is planning a roadshow to showcase its products for the domestic and overseas markets.

Shrinkflex founder and chief executive Sung Cheong Tsoi said the company hired RHB Securities Thailand Plc as its financial adviser, with newly increased registered capital of no more than

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Ugro Capital jumps on receiving corporate agency license from IRDAI

Lenore Staats

Ugro Capital rose 3.19% to Rs 95.50 after the company said it received Corporate Agency license (Composite) from the Insurance Regulatory and Development Authority of India (IRDA) on 25 September 2020.

Under the said license, the company shall be entitled to tie up with life and general insurance companies to distribute their insurance products in line with various directions/guidelines issued by IRDA.

The scrip has surged 28.01% from its 52-week low of Rs 74.60 hit on 24 March 2020. The announcement was made post trading hours on Friday, 25 September 2020.



On a standalone basis,

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Square commits $100 million to boost Black-owned banks and businesses

Lenore Staats

  • Square, the mobile payment company cofounded and led by Jack Dorsey, announced Thursday a $100 million investment to address racial inequality in the financial world.
  • The company will commit $25 million to four areas including The Black Economic Development Fund, which funds Black-led financial institutions and businesses.
  • The news follows Dorsey’s August donation of $10 million to Boston University’s Center for Antiracist Research.
  • Other companies like Mastercard, Citi, and Costco have recently pledged millions to address racial inequality in the US.
  • Visit Business Insider’s homepage for more stories.

Financial services and mobile payment company Square announced on Thursday its plan

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Should You Use a Personal Loan for Your Business?

Lenore Staats

Many small businesses are dealing with worst-case scenarios during the coronavirus pandemic: Revenue is down as lenders have tightened up borrowing standards.

When a company has maxed out a business line of credit and can’t get a conventional business loan, a personal loan may cover payroll or vendor invoices.

Entrepreneurs can be so passionate that “they will do anything to keep (their companies) going, whether that’s a good idea or not,” says Brooke Lively, president and founder of Cathedral Capital, which provides chief financial officer services for small businesses.

Here is a look at why a personal loan may or

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Is Wide-Spread Use of AI & Machine Intelligence in Manufacturing Still Years Away?

Lenore Staats

According to a new report by PMMI Business Intelligence, artificial intelligence (AI) and machine learning is the area of automation technology with the greatest capacity for expansion. This technology can optimize individual processes and functions of the operation; manage production and maintenance schedules; and, expand and improve the functionality of existing technology such as vision inspection.

While AI is typically aimed at improving operation-wide efficiency, machine learning is directed more toward the actions of individual machines; “learning” during operation, identifying inefficiencies in areas such as rotation and movement, and then adjusting processes to correct for inefficiencies.

The advantages to be

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EB-5 fund invests $50M in Hialeah warehouse park — looking for more Florida projects

Lenore Staats

An EB-5 investment firm searched the state for a potential prosperous development, and decided to bet on a Hialeah warehouse project. And it has another $125 million to drop.

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CanAm Enterprises, founded 33 years ago in Canada, invested $50 million into the Countyline Corporate Park project in August. The money will fund construction of 1.2 million square feet of warehouse space. Flagler Global Logistics, a subsidiary of the Downtown Miami-based development and investment firm Florida East Coast Industries, is developing the 8.4 million-square-foot industrial park running from Northwest 154th to 170th streets and Northwest 97th to 107th avenues

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UGRO Capital receives Corporate Agency license from IRDA

Lenore Staats

UGRO Capital has received Corporate Agency license (Composite) from
the Insurance Regulatory and Development Authority of India (IRDA) on 25 September 2020.

Under the said license, the Company shall be entitled to tie with life and general insurance companies to distribute their insurance products in line with various directions/guidelines issued by IRDA.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are

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Employee Engagement Has a Direct Link to Successful Business Outcomes

Lenore Staats

Employee engagement is hard to define. Some people think of it as how happy employees are or how committed they seem to reach business goals. Yet, there’s a lot more to it than that. Employee engagement is a key metric that powers your organizational culture, keeps your team members focused and dramatically improves retention. 



a couple of people that are wearing glasses and smiling at the camera


© Adam Hester


When people truly care about their work and collaborate as a team for the benefit of the company, productivity levels rise. This results in improved customer satisfaction and a positive impact on your bottom line. 

Related: Worried About Disengaged Employees? Make These 7

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US-based Insurance Office of America chooses Belfast as key talent source in platform launch

Lenore Staats

New quote-and-buy insurance platform, SimplyIOA
New quote-and-buy insurance platform, SimplyIOA

IOA is a full-service agency that provides property and casualty, employee benefits, and personal lines insurance coverage and risk management solutions.

The IOA team in the new technology centre will be largely responsible for the development of its new quote-and-buy insurance platform, SimplyIOA, the first of its kind in the United States. It will also provide technical expertise and operational support across the IOA enterprise.

SimplyIOA, which is underpinned by data science and machine learning, allows personal insurance consumers not only to compare quotes but also to buy home and auto coverage online in under

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Caffeine Infused Personal Care Brand mCaffeine Raises INR 42 Cr in Series B Round

Lenore Staats

The funding round was led by Amicus Capital along with participation from consumer-focused VC firm RPSG Ventures, founder of Boat Audio Amit Gupta and the company’s existing investor Telama Investments

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Pep Technologies, parent company of caffeine infused skin and hair care brand mCaffeine, has raised INR 42 crore in Series B funding round led by Amicus Capital.

The funding round also saw participation from consumer-focused VC firm RPSG Ventures, founder

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Automation Expansion Challenge: ROI | Automation World

Lenore Staats

Though manufacturers recognize that automation expansion will improve operations, many find that implementing a new or expanded automation strategy comes with its own set of challenges. One such challenge is justifying the return on investment (ROI) to management.

ROI is a performance measure that evaluates the efficiency of an investment and is shown as a ratio between net profit (over time), and the cost of the investment.

“Automation Timeline: The Drive Toward 4.0 Connectivity in Packaging and Processing” states, “In the current COVID-19 climate, a clear and reliable ROI calculation is more important than ever to make the case for

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Kenya: 100,000 Dairy Farmers to Access Credit From Family Bank’s Sh1 Billion Fund

Lenore Staats

Nairobi — Family Bank has entered into a partnership with Performeter Agribusiness Limited in a deal that will see 100,000 farmers in dairy cooperatives access credit to finance fodder production, a critical barrier to the competitiveness of Kenya’s dairy sector.

Through this partnership, the Bank has set aside Sh 1 billion to facilitate industrial production of fodder by financing the fodder production activities namely; land preparation, planting, fertilization, weed control, harvesting, ensiling, baling and transportation, up to the point where the dairy farmer receives the fodder at the farm.

This is aimed at supporting the dairy farmers to have all-year-round

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