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Duke Energy asks to raise rates

Duke Energy Carolinas today said it has requested approval from the North Carolina Utilities Commission to increase electric rates. When factoring in the company’s residential and commercial customers, it would mean an increase of about 15 percent. The Charlotte-based company said ...

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Perdue vetoes fracking bill

Gov. Beverly Perdue has vetoed a bill that would have moved the state closer to allowing a controversial process to extract onshore reserves of natural gas. Senate Bill 709, which Perdue vetoed this afternoon, would have allowed the state Department of ...

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Charlotte hotel business up in May

Charlotte’s hotel business had a good May, with occupancy rates hitting a three-year high. The Charlotte Regional Visitors Authority also said today that May brought the 16th consecutive month of occupancy rate increases for Charlotte. May occupancy was 66.1 percent, ...

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Cerus Corp. names board member

Cerus Corp. has a new member on its board of directors. The publicly traded company said Daniel Swisher has been named the replacement for William Rohn, who is retiring after serving as director since 2002. Cerus is a Concord-based biomedical ...

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