Latest Duke Energy Corp News

Tesla and Akamai Technologies tumble while Cabot Oil rises

Jan. 2, 2019 5:08 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday: Tesla Inc., down $22.68 to $310.12 The electric car maker cut its prices by $2,000 and announced fourth-quarter sales figures that fell short of analysts' estimates. Cabot Oil & Gas Corp., up $1.18 to $23.53 Energy companies,...

Fonta Flora: Once 'magical place' now at bottom of lake

Jan. 1, 2019 12:06 AM EST

MORGANTON, N.C. (AP) — There once was a vale of peace and beauty in the North Carolina foothills, the story goes, where crops grew tall and neighbors both black and white lived in harmony. Even its name sounded lush: Fonta Flora. We say there was such a place because, like a red-clay Atlantis, the heart of...

Former Duke Energy CEO Jim Rogers dies at age 71

Dec. 20, 2018 7:31 PM EST

Jim Rogers, the former chairman and CEO of Duke Energy, has died. He was 71. Randy Wheless, spokesman for the Charlotte, North Carolina-based utility, confirmed through family members that Rogers died Monday at his home in Louisville, Kentucky. The cause of death wasn't known. Rogers became president and CEO of...

Hovnanian, Dollar General fall; Duke, Cronos rise

Dec. 4, 2018 5:47 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday: Bank of America Corp. (BAC), down $1.55 to $26.99 Banks fell more than the rest of the market as bond yields dropped sharply, which makes it harder to make money from lending. Duke Energy Corp. (DUK), up 43 cents to $90.05...

Duke Energy unit to raise rates again after power purchases

Nov. 27, 2018 5:04 PM EST

RALEIGH, N.C. (AP) — The average Duke Energy household in eastern North Carolina and around Asheville could be paying $5 a month more for electricity starting this weekend. The Charlotte-based company's Duke Energy Progress on Tuesday asked state regulators for permission to notify customers of the price...