AGP Executive Report
Last update: 9 hours agoAI & Markets: Blackstone beat profit estimates as assets topped $1.35T, buoyed by AI-linked bets and deal monetization, but shares still slid on investor focus on the next capex push. Big Tech Regulation: The EU hit Google with a $1B antitrust fine over Google Play and search steering, a reminder that platform power is getting harder to defend. NY Business & Jobs: FedEx filed WARN notices for 164 layoffs across six upstate New York sites as it moves to its “one van, one neighborhood” network model. NY Tech/Finance: IBM agreed to buy HRL Laboratories, expanding its quantum push with a second approach alongside its superconducting work. Local Real Estate: NYC records logged 206 transactions totaling $307M, including a $31M Midwood office sale and a $6.2M West Village co-op trade. Corporate Earnings/Investors: IMAX reported strong Q2 results; USA TODAY Co. set its Q2 release for Aug. 6; Nasdaq declared a $0.31 quarterly dividend. Health Costs: Cigna said AI tools will cut customers’ medical costs by $200M over three years by earlier identification and clinician support. Food Safety: Brooklyn Roasting Company recalled 3,000+ gallons of cold brew over potential botulinum toxin risk.
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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