AGP Executive Report
Last update: 6 hours agoLegal & Consumer Protection: The 3rd Circuit says a New Jersey car dealership that exceeded PPP limits early in COVID can’t get partial loan forgiveness, backing SBA authority. Digital Money Transfers: NJ Attorney General urges a court to hold TikTok liable for operating an unlicensed money transmission business through livestreaming payments. Privacy & Health Data: NJ Supreme Court rejected insurers’ bid to consolidate No Surprises Act payment disputes. Housing & Development: East Rutherford’s new Parker East apartments begin leasing with rents from $3,250 and transit-adjacent access. Manufacturing & Jobs: Wonder plans to lay off 533 NJ workers while consolidating production into a new Gloucester County-area facility. Food Safety: Baby formula maker Abbott to pay $384M+ in a multistate settlement over alleged safety failures. Energy & Finance: The Fed raised rates to 3.75%–4%, likely pushing up borrowing costs for NJ households. Tech in Public Safety: Cheltenham Township approved AI-enabled surveillance cameras at a construction site under a 5-year maintenance contract.
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.