AGP Executive Report
Last update: 3 hours agoSocial Media Accountability: A federal appeals court cleared the way for more than 3,000 lawsuits accusing Meta and TikTok of fueling “addiction” harms to minors, rejecting arguments that Section 230 blocks the cases. Consumer Protection & Housing Finance: New Jersey joined a $15.5 million multistate settlement with mortgage servicer NewRez over improper “force-placed” insurance charges; NJ borrowers received about $225,783 in restitution. Fraud Watch: Newark led a July BBB Scam Tracker list among NJ cities with 11 reports, with online purchase scams driving the biggest losses. Tech & Kids Privacy: Gov. Mikie Sherrill signed New Jersey’s Kids Code Act, setting stricter rules for how platforms design and handle children’s accounts, with the core requirements starting in 2027. Energy Costs: JCP&L is seeking an electric rate hike that could raise bills by nearly 9%, regulators weighing timing and impact. Business & Growth: Edible Garden won Target fresh-cut herb distribution through a key Midwest center, aiming to expand its premium herb footprint. Sports Business: The Los Angeles Lakers are reportedly being sold for a record $12.5 billion to Josh Kushner and Bob Iger.
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.