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Duke Energy writes off $10-million loan for Democratic convention
WASHINGTON — Duke Energy has already written off a $10-million line of credit the company guaranteed to help produce September’s Democratic National Convention in Charlotte, N.C., boosting the role of corporate funds in putting on the event....
Tags: Charlotte, Finance, Politics, Economy, Business and Finance, Elections
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Obama will accept corporate cash to pay for inauguration
President Obama will accept corporate contributions to pay for his inauguration in January, a departure from his first inauguration and the 2012 Democratic convention in Charlotte, N.C. The decision, first reported by Politico, underscores how the...
Tags: POLITICO LLC, Barack Obama, Politics, Elections, Democratic Party
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CEO-for-a-day parachutes out of Duke Energy with $44 million
For one day’s work, $44 million is a pretty sizable paycheck. For a few hours this week, William D. Johnson served as chief executive of Duke Energy Corp. before resigning. His departure package could include $7.4 million in severance, relocation...
Tags: Media Industry, Electricity Production and Distribution, Economy, Business and Finance, Companies and Corporations, John Bryson
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Democrats give special interests a role at convention
WASHINGTON — As a candidate in 2008, Barack Obama vowed to squelch the role of special interests in financing the party conventions — so he barred corporations and lobbyists from contributing money to this year's national convention in...
Tags: Personal Income, Charlotte, Barack Obama, Politics, Economy, Business and Finance
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Time to tax carbon
IF YOU HAVE KIDS, take them to the beach. They should enjoy it while it lasts, because there's a chance that within their lifetimes California's beaches will vanish under the waves. Global warming will redraw the maps of the world. The U.N.'s...Tags: Politics, Consumers, Environmental Politics, Environmental Issues, European Union
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Carbon trading won't work
MICHAEL K. DORSEY, assistant professor on Dartmouth College's faculty of science, teaches in the environmental studies program.Economists, some environmentalists and a growing gaggle of politicians are pushing a grand strategy that a market mechanism — known as "carbon cap and trade" — can rescue us fastest from a climate catastrophe. But early evidence suggests...Tags: Tony Blair, United Kingdom, Citigroup Incorporated, Colleges and Universities, Environmental Politics
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Getting on a low-carbon diet
President Bush will probably succeed in blocking any serious effort to combat global warming until he leaves office. But for the next president, the question will be how, not whether, to reduce American emissions of carbon dioxide and the other gases...Tags: Politics, Disasters and Accidents, Petroleum Industry, George W. Bush, Upper House
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Gifts Flow, as Does the Access
Times Staff WritersSACRAMENTO — When Richard Costigan resigned as lobbyist for the Chamber of Commerce last November, the business group chipped in for a $589 farewell gift, a wood-and-glass model of the domed Capitol where Costigan went to work for Arnold...Tags: Politics, Consumers, 3M Co., Broadway Theater, Apple iPod
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NRC launches special inspection of NC nuclear plant shut down after cracking discovered
AP Business WriterRALEIGH, N.C. (AP) — Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week after operators discovered corrosion and...Tags: Raleigh, Progress Energy Incorporated, U.S. Securities and Exchange Commission, Politics, Wake County
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Weather: Storms to continue this evening in Metro Orlando
Storms that have been roaring through Central Florida will continue for another couple of hours, the National Weather Service in Melbourne said. Orlando, Volusia County and Lake County will continue to see rain, forecasters said. The worst of the...
Tags: Weather, Osceola County, Seminole County, Volusia County, Weather Reports
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Charlotte, NC, celebrates 1963 'eat-in' that desegregated restaurants, set example for South
Associated PressCHARLOTTE, N.C. (AP) — In the spring of 1963, a prominent civil rights leader led dozens of protesters on a four-mile march from a predominantly African-American college campus to the center of Charlotte's downtown. Dr. Reginald Hawkins warned city...Tags: Charlotte, Hotel and Accommodation Industry, Social Issues, Abdullah ibn Abdulaziz al Saud, Sociology
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Big questions await Charlotte's next mayor
The Charlotte ObserverWhen voters elect a new Charlotte mayor this fall, they will be handing him or her a long list of tough questions to confront. How do you build consensus in an increasingly diverse community that tends to segregate by race and income? How do you...Tags: Charlotte, Politics, Barack Obama, Railway Transportation, Local Elections
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|Story| McClatchy-Tribune
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