AGP Executive Report
Last update: 7 hours agoGLP-1 Pricing Shake-Up: Mochi Health cut the starting price of compounded semaglutide to $60/month and compounded tirzepatide to $90/month, rolling out dose-based pricing plus a new blood-testing service. Retail Footprint: Starbucks is closing two Rhode Island stores—Warwick (1727 Post Road) and East Greenwich (555 Main St.)—as part of a broader national pullback. State Health Coverage Watch: ACA open enrollment for 2027 starts Nov. 1, with higher premiums, insurer exits, and subsidy/out-of-pocket changes expected to reshape choices for Rhode Islanders. Small-Business Funding: R.I. Commerce Corp. awarded $820,364 in Innovation Vouchers and Network Matching Grants to 12 organizations to help startups develop products and access capital. Energy Costs & Transit Pressure: Record diesel prices are pushing RIPTA’s bus budget into the red, with Rhode Island’s average diesel price tracked at $6.33/gallon. Clean Energy Legal Win: A federal judge revived the $7 billion “Solar for All” program for lower-income households, with EPA reviewing and weighing an appeal. Local Real Estate Oversight: States are tightening rules on “cash for homes” wholesalers, citing predatory tactics and confusion over who ultimately buys properties. Workforce & Tech Upgrades: Centreville Bank selected Jack Henry & Associates for core processing and digital banking upgrades. Commercial Space Gap: A Newport-area chamber study warns Newport and Bristol counties lack enough commercial and light industrial space for expected job growth. Employee Ownership Milestone: Newport Restaurant Group marks 30 years as an employee-owned company, reporting about $33 million paid out to employee-owners since 1996.
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.