AGP Executive Report
Last update: 11 hours agoPayments & Banking: Deluxe Merchant Services named Kevin Jones president of its merchant services division, tapping the Celero Commerce founder to expand processing for small businesses after Deluxe’s recent Celero acquisition. Tech & Manufacturing: IonQ closed its $1.8 billion SkyWater Technology deal, bringing three Minnesota fabrication facilities in-house to speed quantum chip iteration and reduce reliance on outside foundry capacity. Housing Costs (Minnesota): HUD data show public housing rents in 2025 averaged $366 in Hennepin County, $392 in Watonwan County, $415 in Lincoln County, and $452 in Waseca County—highlighting wide local variation in subsidized housing costs. Energy Prices (Minnesota): GasBuddy reported the week ending Aug. 8 saw regular gas average $3.77 in Winona County, with the lowest station at $3.59, while Minnesota’s statewide average was $3.88. Climate & Business Risk: New research suggests Great Lakes ice cover decline may pause or temporarily rise, but only as a short-lived break from long-term warming—important for winter-dependent industries. Sports Business: The NBA said it found no proof Clippers owner Steve Ballmer funneled money via sponsors to pay Kawhi Leonard, shifting focus to whether sponsor involvement violates salary-cap rules.
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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