News published on Business Daily in September 2024

News from September 2024


Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, issued a statement celebrating the start of National Hispanic Heritage Month.

WASHINGTON, DC (September 16, 2024) – As temperatures dip and leaves change across many parts of the U.S., travelers are seizing the opportunity for picturesque fall getaways. Autumn is also an ideal time for international travel, particularly to Europe, where destinations are less crowded compared to summer.

Morgan Stanley announced the 2024 global cohort of the Inclusive Ventures Lab, comprising 25 companies selected from the Americas and Europe, the Middle East, and Africa (EMEA). The five-month accelerator program aims to support technology and technology-enabled startups in their seed to Series A funding stages.

Amazon's Reliability, Maintenance, and Engineering (RME) division has announced its hiring for the role of control systems engineer manager in Rossford, Ohio. This position focuses on proactive automation controls and technical support for fulfillment center operations.

Amazon is seeking candidates to fill an artificial intelligence (AI) and machine learning (ML) consultant role in Chicago. The company prefers top architects, system and software engineers who can use ML and Generative AI to design, implement, and refine solutions for unresolved problems.

Amazon announced that Amazon Fresh stores in Schaumburg and Oak Lawn, Illinois, now offer an expanded selection of over 1,500 new national and private-label products. Additionally, a new Amazon Fresh store has opened in Tinley Park.

BDC Magazine has announced insights into how technology is reshaping real estate valuations. The report covers advancements such as AI analytics and virtual tours, which are improving the speed, accuracy, and transparency of property evaluations.

There is a shortage of veterinarians in California, but there may be a solution through remote veterinary care offered by Dutch.com, according to the company's April 4 blog post.

Amazon has announced the career advancement of a robotics trainer who benefited from its upskilling programs. Originally from Colombia, the employee has achieved homeownership and secured a significant position with Amazon.

Amazon has invited community members to "Experience the Magic of a Wish" at the September 14 Run/Walk event in Alexandria, according to a September 12 announcement from Amazon and Make-A-Wish.

On September 9, Brian Niccol officially assumed the role of CEO at Starbucks. His appointment marks a pivotal shift in leadership as Starbucks grapples with significant brand identity issues and a downturn in sales.

Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, convened a hearing with federal leaders and small business owners. The focus was on enhancing small businesses' ability to compete for federal contracts, particularly regarding the impact of joint ventures (JV) on small business participation in Multiple Award Task Order Contracts (MATOCs).

A new AAA analysis of five years of government crash data reveals a concerning trend: child seat and booster use declines after a child turns three, despite the continued need for these safety devices. This is alarming, given that more than 100,000 children were injured in car crashes in 2022 alone, according to the National Highway Traffic Safety Administration (NHTSA). As National Child Passenger Safety Week (Sept. 15-21) approaches, AAA and the National Safety Council (NSC) highlight the importance of proper car seat use and offer essential tips to keep young passengers...

Valuation in private equity and private credit remains a complex and contentious issue, with growing scrutiny from regulatory authorities who have identified areas where valuation methodologies need improvement to ensure accuracy and transparency. Austin Brady, a product lead at Waystone, said the firm’s practices in their valuation model include several steps to ensure “valuations are accurate and reflective of real market conditions.”

The 2024 fall Health Connect Partners (HCP) Hospital Supply Chain conference will be sponsored by Synergy Surgical, who recently announced the sponsorship on their site.

The national average for a gallon of gas has continued its decline, dropping six cents since last week to $3.24. The primary factors behind this decrease are low demand and falling oil costs. Concurrently, the national average cost for public electric vehicle (EV) charging has increased by one cent after remaining static for several months.

Sedgwick, a global provider of claims management and technology-enabled business solutions, announced a strategic investment from Altas Partners, a North American private equity firm. Existing investors, including Carlyle and Stone Point Capital LLC, will continue their investments in Sedgwick, with Carlyle maintaining its control position.

Orlando, Fla. (September 12, 2024) – AAA, one of North America’s largest and most trusted membership organizations, is adding DIRECTV, a leader in sports and entertainment content distribution, to its extensive portfolio of benefits available to AAA members. This newest benefit connects AAA members with their favorite content – allowing them to stream DIRECTV satellite-free at home or on the go.

State Farm is prepared to respond to Hurricane Francine, with the State Farm Catastrophe Team deploying to the Gulf Coast for a strategic response. Team members will be on-site to assist residents during their initial recovery efforts.

The U.S. Small Business Administration (SBA) announced today that the Delaware Small Business Development Center (SBDC) has been awarded a $350,000 prize to develop and implement a national Cyber Certification Program for SBA resource partners. The initiative will leverage industry best practices to offer cybersecurity tools and training to small businesses through a hybrid course curriculum that includes webinars, workshops, knowledge-based assessments, certification requirements, and ongoing continuing education tracking key performance indicators over two years.