AGP Executive Report
Last update: 5 hours agoSouth Carolina Business & Economy: United Community Banks agreed to sell its equipment-finance unit Navitas to Wafra for $1.9 billion in cash, a deal expected to boost its capital position and give the Greenville-based lender more flexibility for growth and buybacks. Local Business & Jobs: The International African American Museum in Charleston says it will furlough staff in staggered phases between July 1 and Dec. 31, citing financial pressure and shifting funding politics. Trade & Industry: Texas A&M Forest Service launched Wood Flow South, an interactive tool tracking global timber imports and exports across multiple states including South Carolina. Real Estate: A Charleston “Piggly Wiggly” landmark house built in 1914 sold for $7.2 million. Consumer & Health: The FDA announced a recall of Farm Rich Pizza Cheese Crunchers in 21 states, including South Carolina, over possible metal contamination. Policy & Compliance: South Carolina’s new law bans recreational sales of nitrous oxide (“whippets”), with penalties ranging from fines and jail time for repeat sales. Sports & Legal: Clemson WR Tristan Smith won a court ruling restoring eligibility for the 2026-27 season.
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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