Duke Energy Loan Becomes Gift to DNC
Duke Energy’s $10 million loan will go unpaid, costing shareholders $6 million, reports the Charlotte Observer.
Duke Energy’s $10 million loan will go unpaid, costing shareholders $6 million, reports the Charlotte Observer.
Duke Energy Corp., the nation’s largest electric utility company, is forcing out CEO Jim Rogers as part of a settlement agreement with North Carolina’s state utilities commission. The settlement is the result of a four-month investigation into the ouster of Bill Johnson, the CEO that Rogers replaced.
Democratic delegates are unhappy with the party brass’s decision to include Jerusalem and God in the party platform.
A number of Democratic delegates were perplexed by the spectacle that took place on the convention floor in Charlotte on Wednesday, when a loud majority appeared to vote down amendment to include “God” in the official party platform and recognize Jerusalem as the capital of Israel.
Several corporations—including banks that accepted federal bailouts totaling in the billions—have contributed more than $20 million to fund the Democratic National Convention (DNC), according to a Bloomberg report.
While Democrats prepare to descend on Charlotte for the Democratic National Convention, local cancer patients are preparing contingency plans to receive critical medical treatments.
Female employees of the Democratic National Committee (DNC) earn significantly less than their male counterparts, a Washington Free Beacon analysis has found.
The Democratic National Convention, faced with a $27 million fundraising deficit, may cancel its planned kick-off event at the Charlotte Motor Speedway.