corporate power

Public gets last chance to weigh in on Duke-Progress merger

September 19, 2011 - The N.C. Utilities Commission will hold a public hearing on Tuesday, Sept. 20 about the proposed merger of Progress Energy and Duke Energy to form the nation's largest electric utility, which would operate under the Duke Energy name. The hearing represents the public's last chance to weigh in on the plan. If the merger is approved, the company would become the largest U.S. utility, worth over $35 billion and with more than 7 million customers in the Carolinas, Florida, Indiana, Kentucky and Ohio.

The New Orleans land grab

March 3, 2006 - C.C. Campbell-Rock, a New Orleans native, has a great piece in the San Francisco Bay View about what corporate leaders, especially the Bring Back New Orleans commission, have in store for the city: