AGP Executive Report
Last update: 6 hours agoCorporate Restructuring: CVS Health will split its $117 billion pharmacy and insurance businesses into two public companies, while Kraft Heinz plans to sell its North American coffee business for $650 million. AI and Regulation: Companies are adopting AI faster than they can oversee it: a global survey found only 34% of firms using AI are confident they can demonstrate proper governance to regulators. Global Trade: US midterm results may ease tariff pressure on India, reducing urgency for a trade deal, while South Africa is seeking bilateral talks after losing preferential US market access under AGOA. AI Investment: Canadian firm Cohere is pursuing a Series E round of up to $715.5 million to build AI systems outside the US and China.
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