AGP Executive Report
Last update: 11 hours agoCorporate & Utilities: American Water and Essential Utilities’ merger won its fourth regulatory approval, while a settlement agreement in New Jersey remains subject to review. The combined company would be based in Camden and serve more than 4.7 million water and wastewater connections. Business Enforcement: Secaucus-based Quest Diagnostics paid about $13 million to settle federal allegations that it used free entertainment, including Giants suite tickets, to induce healthcare referrals. Development: Voorhees’ Echelon Mall redevelopment is stalled after its developer failed to secure a $90 million state tax credit. Investment & Infrastructure: Gov. Sherrill says New Jersey’s 130 newly approved Opportunity Zones could attract investment, housing and jobs. Separately, voters in New Jersey and other states weighed measures restricting data center development, amid growing concerns about power costs. Corporate Liability: 3M agreed to pay $7.35 billion over nine years to settle most PFAS injury claims tied to firefighting foam, following earlier settlements with public water systems and New Jersey.
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