AGP Executive Report
Last update: 6 hours agoLife Sciences: Research Triangle Park-based United Therapeutics received FDA clearance to begin a Phase 2 trial of an inhaled treatment for patients with pulmonary hypertension linked to COPD. Coastal Agriculture: Seashore Oyster Co., founded by a North Carolina mother and son, is growing its Crystal Coast business, with a goal of selling 1 million oysters by 2030. Banking: Newton-based Peoples Bancorp reported third-quarter earnings of $5.7 million, up from $3.7 million a year earlier, as loans and deposits grew. Auto Retail: Capital Automotive Group acquired six dealerships from Larry Cloninger, including five in North Carolina, and a Salisbury collision center. Housing: Triangle home sales fell 5.6% in September, with new-home closings down 16.4% while resale sales held steady. Freight & Manufacturing: Daimler Truck Financial Services brought about 350 U.S. employees together at its new Charlotte headquarters; Motive also unveiled fleet-management AI tools at a trucking industry event in the city. Infrastructure & Jobs: North Carolina secured $550 million for its Raleigh-to-Richmond S-Line rail project. Gov. Josh Stein also announced $504 million in rural investment expected to create 78 jobs, while Caterpillar pledged $10 million for workforce training.
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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