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TODAY'S HEADLINES  |  July 23, 2020

Graham introduces legislation aimed at onshoring PPE

Sen. Lindsey Graham, R-S.C., and 2 other senators have introduced a bill they say will bring production of certain personal protective equipment critical to health care to U.S. factories.

S.C. offering 6 additional weeks of unemployment benefits

The extended benefits will be added to a previously announced 10-week state program for individuals whose regular unemployment insurance benefits year ended on or after June 14. S.C. law allows for the extension because the unemployment rate for the past three months exceeded 8%.

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USC partnership receives $9.2 million research contract

The university’s partnership with Navatek will research power and energy systems as well as develop digital twin prototypes. The project’s goal is to optimize a ship’s electrical system to meet critical needs.

Credit starts to tighten as job losses remain high

As pandemic emergency relief draws to a close for some, many consumers could be tempted to cover a few bills by pulling out some old, little-used credit cards. But they could be surprised to discover that the line of credit they thought they had has vanished. Banks have been reducing credit card limits and closing accounts altogether for millions of consumers.

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