AGP Executive Report
Last update: 9 hours agoWealth & Finance: CUI Wealth Management rebranded as Varro Capital Group, keeping the same leadership and fiduciary team while refreshing its brand and client materials. Data Centers & Local Planning: A developer is floating the “GoldMine” data center and industrial “business park” concept in Fairfield near Eagle Mountain, with hundreds of acres proposed and planning still in early stages. Venture Capital: Lowenstein Sandler launched a venture funds launch practice to advise fund managers and limited partners on governance, compliance, transactions, and tax. Public Markets: TruGolf announced a 1-for-10 reverse stock split effective Sept. 29, cutting shares outstanding to about 1.24 million. Clean Energy: Fervo Energy reported first power at its Utah enhanced geothermal project (Cape Station), a major step toward larger buildout. Defense & Tech: L3Harris won an $876.4M Navy modification for the Next Generation Jammer Low Band for the EA-18G Growler. Nuclear Policy: Idaho Gov. Brad Little said protecting the Eastern Snake Plain Aquifer is “nonnegotiable” in talks over a Nuclear Lifecycle Innovation Campus. Health Costs: Reuters reports Utah residents and other Americans are dropping Obamacare coverage and shifting to short-term plans or going uninsured as premiums rise. Retail Expansion: Hotel Chocolat is opening new US stores in Salt Lake City, Long Beach, and Alexandria. Food Safety: A Salmonella outbreak tied to recalled broccoli sprouts has spread to additional states, including Utah.
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.