AGP Executive Report
Last update: 8 hours agoState Budget: Mississippi revenues are $202.8 million above estimates four months into the fiscal year. Lawmakers and the governor have set a $7.8 billion revenue estimate for fiscal 2028. Banking: Hancock Whitney plans to acquire Jackson-based Trustmark in a $3.2 billion deal, creating a six-state bank with $58 billion in assets. The merger is expected to close in early 2027, with Trustmark branches eventually adopting the Hancock Whitney name. Data Centers: Mississippi regulators upheld xAI’s air permit for a proposed Southaven power plant despite environmental objections. Separately, state officials say SpaceXAI began data-center construction without water permits, as concerns mount over energy, water and neighborhood impacts. Agriculture and Trade: An aging, shrinking barge fleet could raise grain-shipping costs for Mississippi farmers and threaten export capacity. CoBank projects the U.S. fleet will decline about 17% by 2035, with low river levels adding pressure. Consumer Watch: Family Dollar will provide restitution and discounts under a $63 million settlement over alleged checkout overcharges; Mississippi was among the states that joined the case.
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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