Duke Energy Corp. shareholders might need more coal or they might need no more coal. Dueling groups of protesters chanted for both at demonstrations today on South Church Street outside the utility company’s annual shareholders meeting in Charlotte. Both groups were calling for CEO Jim Rogers’ head. “We are concerned Jim Rogers is acting like [...]
RALEIGH — Duke Energy Corp.’s top executive urged regulators Tuesday to allow it to keep laying groundwork for a potential new $11 billion nuclear plant. The Charlotte-based company wants regulators to let it spend up to $459 million in development costs, which could be passed on to consumers before the South Carolina site starts producing [...]
Duke Energy Corp. CEO Jim Rogers today called for ”purpose-driven” capitalism, saying said North Carolina’s biggest competition is global. “Our greatest competition isn’t inside North Carolina,” Roger said at a meeting of the North Carolina Chamber of Commerce in Durham. “Our biggest competitors aren’t the companies and states in the South, or the East or West coasts. [...]
The 2008 Democratic presidential primaries took a crucial turn May 6 when North Carolina voters chose then-Sen. Barack Obama over then-Sen. Hillary Clinton by almost 15 percentage points, giving him an edge in a tightly contested campaign. Obama would go on to win the election, edging out John McCain in North Carolina by a razor-thin [...]
Duke Energy Corp. CEO Jim Rogers and his wife, Mary Anne, are giving $4.1 million to Queens University of Charlotte to be used for a new science and health building, the university said today. The 56,000-square-foot, $17.4 million building will bear their names. The Rogers’ gift will help pay for more green features in the building, which [...]
Charlotte will be the host city for the 2012 Democratic National Convention, the Democratic National Committee said today, ending months of speculation in the Queen City. The city beat out St. Louis, Minneapolis and Cleveland for the 46th DMC, an event expected to bring at least a $150 million boost to Charlotte’s economy. “I think we can safely [...]
The Indiana Utility Regulatory Commission today launched an internal investigation of cases over which a former commission attorney, who later took a job with Duke Energy Corp., presided. Charlotte-based Duke said the investigation involves cases spanning from Jan. 1 to Sept. 30 over which Scott Storms presided. The news comes after Duke said Tuesday it was reviewing e-mails featured in a [...]
Duke Energy Corp. today said it is reviewing e-mails featured in a news story about the Indiana president of Duke and a former lawyer at the Indiana Utility Regulatory Commission. The e-mails were part of a story by the Indianapolis Star that looked at the correspondence between President Michael Reed and Scott Storms, who was IURC’s general counsel and [...]