Latest Duke Energy Corp News

Swollen NC rivers swamp dumps, raising water pollution fears

Sep. 16, 2018 6:52 PM EDT

As rain from Florence continued to lash the Carolinas, the region's swollen rivers were beginning to swamp coal ash dumps and low-lying hog farms Sunday, raising pollution concerns. Duke Energy said the collapse of a coal ash landfill at the L.V. Sutton Power Station near Wilmington, North Carolina, is an...

Rains from Florence cause collapse at NC coal ash landfill

Sep. 16, 2018 5:48 PM EDT

Duke Energy said Saturday night that heavy rains from Florence caused a slope to collapse at a coal-ash landfill at a closed power station near the North Carolina coast. Duke spokeswoman Paige Sheehan said about 2,000 cubic yards (1,530 cubic meters) of ash were displaced at the L. V. Sutton Power Station outside...

The Latest: Florence downgraded to a Category 1 hurricane

Sep. 13, 2018 11:22 PM EDT

MYRTLE BEACH, S.C. (AP) — The Latest on Hurricane Florence (all times local): 11 p.m. Florence has been downgraded to a Category 1 hurricane with top sustained winds of 90 mph (150 kph). The National Hurricane Center says Florence is now lashing the North Carolina coast with hurricane -force winds and a...

'Threat becomes reality': Florence begins days of rain, wind

Sep. 13, 2018 11:07 PM EDT

WILMINGTON, N.C. (AP) — The big slosh has begun, and the consequences could be disastrous. Hurricane Florence's leading edge battered the Carolina coast Thursday, bending trees and shooting frothy sea water over streets on the Outer Banks, as the hulking storm closed in with 90 mph (135 kph) winds for a...

Storm's uncertain track sows fear; 10 million in crosshairs

Sep. 12, 2018 11:24 PM EDT

MYRTLE BEACH, S.C. (AP) — Hurricane Florence put a corridor of more than 10 million people in the crosshairs Wednesday as the monster storm closed in on the Carolinas, uncertainty over its projected path spreading worry across a widening swath of the Southeast. Faced with new forecasts that showed a more...

The Latest: 5.4M people under hurricane watches, warnings

Sep. 12, 2018 11:27 AM EDT

RALEIGH, N.C. (AP) — The Latest on Hurricane Florence (all times local): 8 p.m. ___ 7:30 p.m. The National Weather Service says more than 5.4 million people live in areas now under hurricane warnings or watches on the U.S. East Coast. Another 4 million people are under a tropical storm watch. Assorted bad...

General Motors and Caterpillar jump; Tesla and Pfizer skid

Aug. 27, 2018 4:38 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday: Tesla Inc., down $3.55 to $319.27 CEO Elon Musk wrote that he had abandoned an effort to take the electric car maker private. American Woodmark Corp., up $4.65 to $89.60 The cabinet maker had a better first quarter than analysts...

Utilities pivot from power plants to grid work for profits

Aug. 24, 2018 11:51 AM EDT

RALEIGH, N.C. (AP) — Electric utilities are pouring billions of dollars into a race to prevent terrorists or enemy governments from shutting down the power grid and everything that depends on electricity in America's hyper-connected society. The U.S. Department of Homeland Security detailed last month how...

Correction: PepsiCo-CEO-Women-Glance story

Aug. 7, 2018 6:57 PM EDT

In a story Aug. 6 story listing female CEO of S&P 500 companies, The Associated Press erroneously listed Margaret C. Whitman as the CEO of Hewlett Packard Enterprise Co. She stepped down from the role in January. A corrected version of the story is below: Female CEOs at S&P 500 companies Female CEOs at...