Latest Duke Energy Corp News

Federal utility picks exec of Canada power company as CEO

Feb. 14, 2019 3:23 PM EST

KNOXVILLE, Tenn. (AP) — The nation's largest public utility has picked the leader of one of Canada's largest power companies to head the $11 billion federal corporation. On Thursday, the Tennessee Valley Authority board announced the selection of Jeffrey Lyash as president and CEO effective in April. Lyash...

Plans to privatize Puerto Rico power after Maria hit snag

Jan. 28, 2019 3:31 PM EST

SAN JUAN, Puerto Rico (AP) — Plans to quickly privatize Puerto Rico's hurricane-damaged electrical power system have hit a snag with the U.S. territory's House and Senate at odds over a bill to award concessions for the transmission and distribution system. Senators on Monday balked at the bill, in part...

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,...