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S.C. plans to act before Duke Energy, Progress Energy deal expires
S.C. regulators have set a schedule for additional proceedings in Duke Energy’s proposed $26 billion merger with Progress Energy, including a tentative June 20 date for another public hearing, if needed.
They would vote by June 25 on whether to approve the plan for Duke and Progress to operate their two utility power fleets as one after the merger. That would be two weeks before the companies' me...
Take a peek at the official Democratic National Convention stock car
Democratic National Convention organizers debuted the official “Powered by the American People” stock car for the 2012 Democratic National Convention on Friday at the NASCAR Hall of Fame.
The blue and white Dodge Charger is emblazoned with the names of 3, 502 “sponsors” — donors that sent in contributions of $5 or more for the convention, which will be held here during the first week of September...
Duke Energy, Progress Energy dispute high merger cost estimate
Duke Energy and Progress Energy are pushing hard against an analyst's report that says the companies — and their shareholders — could face $875 million in additional merger costs to meet new regulatory demands proposed in the deal.
Progress spokesman Mike Hughes says the only way to come up with costs that high is to presume the merged company will be unable to come up with at least two-thirds of...
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