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Duke Energy lost $817 million in the second quarter as it wrote off $2 billion in costs related to the shutdown of the Atlantic Coast Pipeline project.…
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APEX — Vice President Mike Pence vowed Wednesday that schools around the country will have the resources they need to reopen for in-person learning as he…
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WASHINGTON — President Donald Trump’s handling of the coronavirus pandemic put his political fate in grave jeopardy. Now he’s hoping to get credit for his…
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NEW YORK — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially…
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The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.
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RICHMOND, Va. — The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project…
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Top Republican officials toured Savannah, Georgia, on Monday as a possible site for much of the Republican National Convention.Last week the GOP said the…
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Duke Energy plans to slash up to $450 million in expenses this year as it responds to a drop in electricity use because of the coronavirus outbreak. That…
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Duke Energy CEO Lynn Good faced questions at the Charlotte-based company's annual meeting Thursday from shareholders concerned that the company isn't…
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Duke Energy has set a goal of doubling the renewable energy it produces or buys by 2025. The new target is in the company's annual sustainability report…