AGP Executive Report
Last update: an hour agoSemiconductors: Japan will invest up to $21 billion in two New York chip factories to be run by GlobalFoundries, with the U.S. taking an ownership stake. Apple and Japan’s Renesas are among potential customers, bringing a major boost to the state’s advanced-manufacturing ambitions. Film and TV: New York is reportedly overtaking California as the country’s top production state, underscoring the industry’s growing East Coast footprint. City Businesses: New York City plans to phase out horse-drawn carriages by mid-2028. The deal ends a long-running tourism trade and leaves drivers and related workers facing an uncertain future. Real Estate: NYC home listings have climbed to their highest level since 2022, while the city is fast-tracking affordable housing in some areas and nearly 400 affordable units are planned for East New York.
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.