RALEIGH, N.C.— Duke Energy Corp. has agreed to pay a $6 million fine for a big spill that coated the Dan River with liquefied coal ash in 2014, North Carolina's environment agency said Friday. The spill coated 70 miles of the river on the North Carolina- Virginia border in more than 30,000 tons of sludge after a pipe burst at a holding pit at Duke Energy's power plant in...
The widespread social unrest in Charlotte, as in other cities, stems from ongoing economic inequality along racial lines.
NEW YORK— U.S. stocks are turning modestly lower Wednesday afternoon after three days of big, erratic moves. Energy companies are falling as the price of oil slips again, and Apple is leading technology companies higher. KEEPING SCORE: The Dow Jones industrial average lost 65 points, or 0.4 percent, to 18,001 as of 3:30 p.m. Eastern time.
As temperatures rise across the country, the utility space is up more than 20 percent so far this year. David Burks, Hilliard Lyons and Travis Miller, Morningstar, discuss.
David Burks, Hilliard Lyons, weighs in on how to play the utility sector as shares of Con Edison hit all-time highs and Duke Energy trades at its highest level since February of last year.
Electric and gas utilities are beginning to report, and analysts I have spoken with have indicated that the warm winter didn't help any of them.
Interest rates have been moving up recently and that could spell trouble for investors in Utility ETFs.
CNBC's Dom Chu takes a look at cheap stocks in hot sectors.
Under CEO Lynn Good, Duke energy has sales of more than $25 billion dollars, providing power to North and South Carolina, Indiana, Ohio, Kentucky and Florida – even Disney World. We ask Good how low oil prices are impacting energy costs, and Duke Energy’s strategy of selling old power plants, while investing in renewable projects including solar and wind.
Lynn Good, Duke Energy chairman & CEO, discusses the outlook on natural gas, and shares her thoughts on incentives for investing in renewable energy. Also Good and Erskine Bowles, weigh in on the U.S. economy.
Discussing natural gas and the energy market with Chris Bertelsen, Chief Investment Officer at Global Financial Private Capital, and he gives his top picks in the sector.
Duke Energy's 5-megawatt solar facility near Orlando, Florida, appears to have taken shape in the form of Disney's iconic Mickey Mouse character.
U.S. stock futures are pointing to a modestly higher open and the potential for a fourth day of gains.
According to Kensho data, when oil prices fall below $30 a barrel, stocks on average move based on whether they're regulated or not. CNBC's Morgan Brennan reports cheaper oil and cheaper energy, doesn't help utilities that are regulated.
Utilities are one of the hottest sectors this year, but investors may want to be suspicious about the climb.
Jim Cramer doesn't love fossil fuels, but he is willing to bet that this energy stock goes higher.
Dominion Resources said it would buy natural gas distributor Questar for about $4.4 billion in cash to expand its natural gas operations.
Rising interest rates and wobbly markets may roil some stocks, but experts believe these picks will profitably ride out the storm.
Women may be badly outnumbered in the top ranks of corporate America, but at least they aren't underpaid.
Stocks are weak today as markets are dealing with three issues.