AGP Executive Report
Last update: 4 hours agoChip Export Controls: Treasury Secretary Scott Bessent blamed Commerce for delaying a proposed blacklist of Singapore-based Megaspeed, suspected of helping Nvidia chips reach China. Commerce Secretary Howard Lutnick has agreed to testify as lawmakers investigate the controls. North Dakota Financing: The state’s Development Fund paused new financing, except child-care loans, while leaders review an audit and the fund’s role in economic development. Pay Disclosure: The SEC proposed narrowing executive-pay reporting to the CEO and CFO and excluding part-time workers from the median-pay calculation, drawing criticism that the changes would reduce transparency. Boeing Cuts: Boeing plans to reduce its commercial-airplane workforce by about 5% through layoffs and attrition as it adjusts production plans. Agriculture Investment: Ghana says it will invest $3 billion in commercial agriculture and aims to end commercial rice imports by 2030.
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