AGP Executive Report
Last update: 12 hours agoOffshore Wind Backlash: The Trump administration is canceling offshore wind projects while steering a $900M-plus payday to RWE, tied to dropping New York/California/Louisiana leases and shifting into fossil fuel or nuclear “conventional energy.” Canada Trade Talks: Canada’s trade minister Dominic LeBlanc says the U.S. has backed off positions on French-language discoverability on streaming, opening the door to a “mutually beneficial” deal. Banking & Justice: A federal judge approved final approval steps for Bank of America’s $72.5M settlement with Epstein accusers, rejecting claims the deal was overbroad. Social Media Rules: The U.S. backs a proposed under-16 social media ban even as Meta’s $18B child-safety settlement rolls out new limits on teen use. Markets & Rates: Fed Chair Kevin Warsh is set to speak at Jackson Hole as long-term yields stay elevated, keeping borrowing costs and policy expectations in flux. Local Economy: New York Mayor Zohran Mamdani launches a business advisory council to court major CEOs for city growth. Sports Business: UEFA is preparing a criminal complaint against FIFA’s Infantino over a failed World Cup rights sale plan.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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