Business

Duke Energy to spend $13B on N.C. infrastructure upgrades

Duke Energy Corp. will spend $13 billion over the next ten years to upgrade its power grid in North Carolina. The planned expenditure, dubbed Power/Forward Carolinas, would be in addition to the $1 billion Charlotte-based Duke already spends annually on grid maintenance and upgrades. About 38%, or $4.9 billion of the planned spending would go […]

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Duke University puts off proposed Duke Energy power plant

Duke University has delayed a vote by its trustees on the controversial combined heat-and-power plant that Duke Energy Corp. has proposed building on the campus. Construction on the $55 million plant had been slated to start this summer. In related developments, Clemson University says it will re-evaluate the site for a planned Duke Energy plant on […]

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mfgCON is back in 2017

It’s Back and Better than Ever! Two full days filled with learning, networking and industry collaboration for manufacturing professionals. mfgCON is back for its third year. mfgCON is the North Carolina’s premier conference for manufacturing and innovation, powered by Business North Carolina magazine and the North Carolina Manufacturing Extension Partnership (NCMEP). On September 19-20, manufacturers […]

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Wells Fargo claws back $75M from former CEO, top exec

Wells Fargo & Co. will claw back an additional $75 million from former CEO John Stumpf and Carrie Tolstedt, former head of community banking, blaming them for playing central roles in the bank’s fake account scandal. The move is a result of an independent investigation launched in September after regulators fined the bank $185 million for […]

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