AGP Executive Report
Last update: 3 hours agoPuerto Rico Water Crisis: About 180,000 households are facing rationing as drought deepens, with rainwater harvesting highlighted as a missed opportunity while the island’s aging system loses roughly 60% of drinking water before it reaches homes. Puerto Rico Finance & Banking: Banesco USA posted a 59% jump in Q2 net income to $24 million, citing growth in commercial banking, ECIP lending, and the launch of BanescoSelect in Puerto Rico. Puerto Rico Energy & Infrastructure: Puerto Rico’s fragile electric grid is getting a battery boost, as the island looks for resilience amid ongoing reliability concerns. Local Governance & Oversight: A Senate committee grilled Magens Bay Authority and WICO officials over reserves, service gaps, and projected financial performance. STEM & Education Investment: Society for Science selected 100 educators for its 2026–2027 Advocate Program, awarding $326,000 to expand student access to science research and competitions. Health & Pharma: Rigel’s Veppanu (vepdegestrant) is now available in the U.S. and Puerto Rico for certain advanced breast cancer patients, priced at $29,400 for a 30-day supply. Business & Markets: MLB owners unanimously approved the $3.9B sale of the San Diego Padres to José E. Feliciano and Kwanza Jones, with Puerto Rico native Feliciano leading the group.
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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