AGP Executive Report
Last update: an hour agoAntitrust/Pharma: Ohio’s AG coalition secured a $400M settlement in principle with Sandoz over alleged generic-drug price inflation and reduced competition, with total state payments expected around $469M and a 2027 trial looming if finalized. Labor/Manufacturing: Youngstown-area Schwebel Baking’s Teamsters bid for a temporary restraining order was denied as the company moves through receivership and liquidation tied to a lender lawsuit. Ohio Tax Policy: Ohio’s back-to-school sales tax holiday returns Aug. 7-9 but is narrower than last year—clothing up to $75, school supplies and instructional materials up to $20 each. Energy/Utilities: Ohio’s consumer watchdog is urging federal regulators to stop residential customers from footing PJM grid-upgrade costs driven by data center growth. Housing/Finance: JPMorgan Chase says it will deploy $750B through 2035 to build or preserve about 1M affordable homes and expand home lending. Corporate Moves: ATSG named Matthew Scagnelli CHRO, while PPG tapped Justin Epler to lead Industrial Coatings Americas. Local Business/Development: Franklin, Ohio is weighing a proposed 1,200+ unit, $1M-plus home community plan.
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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