BUSINESS DIGEST ||

New training series in social media

YOUNGSTOWN

The Ohio Small Business Development Center Export Assistance Network at Youngstown State University with Mahoning Valley is for Entrepreneurs and Pole Position Marketing will present an interactive three-part social media training series for businesses in Northeast Ohio from 8:30 a.m. to noon Aug. 18, Aug. 25 and Sept. 15 in the Williamson College of Business Administration.

The series will provide a better understanding of digital marketing for businesses of all sizes. Each course focuses on a different aspect of social marketing that business owners and managers can use to engage their audience and grow their business.

Registration is required for each session. For information email ohiosbdc@ysu.edu or call 330-941-2140.

Hospital employees to donate to Mission

YOUNGSTOWN

The employees of St. Elizabeth Boardman Hospital are supporting the future of the Rescue Mission of the Mahoning Valley with a significant donation to the organization’s Move Our Mission Capital Campaign. Today, they will donate $20,000 to the Rescue Mission. The mission has plans to leave its facility on Martin Luther King Jr. Boulevard for a larger facility with more land on the city’s South Side.

Treasury bills rates

WASHINGTON

Interest rates on short-term Treasury bills were mixed in Monday’s auction, with rates on three-month bills falling to their lowest level since late June while rates on six-month bills rose to their highest level in nearly nine years. The Treasury Department auctioned $39 billion in three-month bills at a discount rate of 1.040 percent, down from 1.070 percent last week. Another $33 billion in six-month bills was auctioned at a discount rate of 1.140 percent, up from 1.130 percent last week.

The three-month rate was the lowest since three-month bills averaged 1 percent on June 26. The six-month rate was the highest since those bills averaged 1.4 percent on Oct. 27, 2008, at the height of the financial crisis.

UK to strengthen ‘right to be forgotten’

LONDON

Britain plans to strengthen the online “right to be forgotten” with a law making social media companies delete personal information on request.

The government on Monday published details of a Data Protection Bill, including a provision allowing people to ask for personal data held by companies to be erased. The changes also would make it easier for people to find out what data companies or organizations have on them and would ban firms from collecting personal information without explicit consent.

The proposed law gives a regulator power to levy fines of up to 17 million pounds ($22 million) on firms that fail to comply.

The bill is intended to replace European Union privacy protections when Britain leaves the bloc in 2019. It must be approved by Parliament to become law.

Staff/wire reports