AGP Executive Report
Last update: 7 hours agoFTC/Atty Gen Lawsuit: The FTC and 22 states sued Amazon, alleging a “secret ad surcharge” that inflated sponsored ad prices for more than a million advertisers, with higher costs allegedly passed to consumers. Trucking Crackdown: DHS and DOT launched a multi-state effort to curb fraud in trucking, including shutting down 110 commercial driving schools tied to drivers who allegedly failed English proficiency tests, plus sweeps and audits of third-party testers. Illinois Manufacturing: An Illinois EV plant in Normal began rolling out its long-awaited midsize SUV, but the only confirmed model on the line is priced at $57,990, while the $45,000 version has no delivery date. Energy Infrastructure: Invenergy plans two natural gas power plants in Wisconsin’s Calumet County area, targeting up to 1.95 gigawatts, as data centers drive demand growth. Local Business/Jobs: U.S. Bancorp is expanding business banking in Southeast states, aiming to deepen ties across wealth management and commercial real estate. Construction/Materials: James Hardie agreed to sell Fermacell’s European flooring business to Holcim for about $980M. Public Works: Chicago Park District opened new BMX and mountain bike trails and jump hills at Big Marsh Park, funded by $1.1M in donations.
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.