AGP Executive Report
Last update: 3 hours agoPublic Grocery Push: NYC Mayor Zohran Mamdani announced the city’s first city-owned grocery store, aiming to put one public, nonprofit supermarket in each borough—an attempt to fight rising food prices. Fintech Regulation: Trump issued an executive order telling federal regulators and the Fed to “streamline” fintech rules and review access to Fed master payment accounts for non-bank fintechs within 120 days. AI Money Moves: Intuit plans to cut about 17% of staff (~3,000 jobs) to streamline operations and refocus on AI, while Alkami is hosting a webinar on how banks are moving AI from experiments to execution. Small-Business Relief Deadline: SBA disaster loans for Washington County flooding victims are due June 11. Trade & Growth: Alabama honored six companies for international export wins, highlighting continued global demand for Made-in-Alabama products. Local Business Spotlight: VermontBiz and the SBA will recognize Rigorous Technology and other category winners at a June 11 awards event in Burlington.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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