Thursday, August 28 2014 1:22 AM EDT2014-08-28 05:22:19 GMT
The search area for a missing Malaysian airliner in the southern Indian Ocean has been refined based on the latest analysis, while the investigation into how the plane came to crash cannot proceed until the...More >>
The search area for a missing Malaysian airliner in the southern Indian Ocean has been refined based on the latest analysis, while the investigation into how the plane came to crash cannot proceed until the wreckage and...More >>
Thursday, August 28 2014 12:33 AM EDT2014-08-28 04:33:15 GMT
A Butler County family can't believe that the man convicted of their loved one's death has been allowed to leave prison and work near where they live and where the crime happened. Bobby Ray McCombs brothersMore >>
A Butler County family can't believe that the man convicted of their loved one's death has been allowed to leave prison and work near where they live and where the crime happened.
Thursday, August 28 2014 12:21 AM EDT2014-08-28 04:21:34 GMT
Montgomery police and Montgomery Public Schools officials are responding to a video that's making the rounds on social media. The video shows a fight involving several students. Montgomery police confirmedMore >>
Montgomery police and Montgomery Public Schools officials are responding to videos that are being shared across social media. More >>
Thursday, August 28 2014 12:09 AM EDT2014-08-28 04:09:19 GMT
The City of Montgomery is working to revamp its web site and is asking for your help. The city has put together a survey looking for ways to make it more user friendly. City officials decided moreMore >>
The City of Montgomery is working to revamp its web site and is asking for your help.More >>
RALEIGH, NC (WECT/AP) - The North Carolina official who manages public pension funds says she'll vote against a Duke Energy board member in hopes that a replacement will deal with a coal ash spill that coated 70 miles of a river with toxic sludge.
State Treasurer Janet Cowell declared Wednesday she'll vote against Duke Energy director Carlos Saladrigas's re-election at the company's shareholder meeting on Thursday. A letter sent from Cowell's office to the Chair of the company's Regulatory Policy and Operations Committee states she wants a third vacancy on the board committee overseeing company operations.
"We feel its best that folks who have been on the board and overseeing the regulatory issues to be replaced by people who have more expertise specifically on coal ash disposal and some of the environmental issues they are grappling with right now," Cowell said while making an appearance Wednesday at WECT-TV in Wilmington.
A Cowell spokesman says North Carolina's pension funds own less than one-tenth of 1 percent of Duke Energy shares. Cowell put the total at more than 400,000 shares, which she says have underperformed both the Standard & Poor's 500 and comparable utility industry stocks.
"Since the coal ash challenges the company has had, the stock has underperformed," Cowell said in an interview. "So, we're asking as a shareholder, and using the influence we have as a shareholder of Duke Energy to ask for an independent investigation in order to more quickly move forward on the coal ash issue."
A company spokesman noted the company's directors have told disgruntled shareholders they are developing plans to deal with coal ash.
Copyright 2014 WECT. All right reserved. The Associated Press contributed to this report.
Thursday, August 21 2014 7:37 AM EDT2014-08-21 11:37:34 GMT
Republican leaders in the General Assembly say they have reached a compromise deal on implementing new coal ash regulations, and forcing Duke Energy to close all 33 of its coal ash ponds across North Carolina. AccordingMore >>
House and senate lawmakers in the NC General Assembly passed a bill mandating cleanup of all Duke Energy coal ash ponds by the year 2029. The action follows a massive spill of coal ash into the Dan River in February from a company site in Eden. You can click on a link inside this story to see the specifics of the bill, which is now headed to the Governor's desk.More >>
Monday, August 18 2014 9:51 PM EDT2014-08-19 01:51:31 GMT
The Film and Entertainment Grant Fund proposal will go back in front of state lawmakers tomorrow and Wednesday, after House and Senate conferees made slight changes to the proposal already approved inMore >>
It appears lawmakers are moving forward with a grant fund that will replace the current Film Incentive Tax Credit that has been in place to lure film and television productions to North Carolina.More >>
Monday, August 18 2014 5:30 PM EDT2014-08-18 21:30:44 GMT
Governor Pat McCrory is appointing Senior Associate Justice Mark Martin as the new Chief Justice of North Carolina's Supreme Court. Judge Martin will replace the current Chief Justice, Sarah Parker, whoMore >>
Governor Pat McCrory's decision to elevate Senior Associate Justice Mark Martin to be the new Chief Justice of the North Carolina Supreme Court is being met with criticism from Judge Ola Lewis of Brunswick County, who is opposing Martin for the seat in the November General Election.More >>
Friday, August 15 2014 10:48 PM EDT2014-08-16 02:48:04 GMT
North Carolina legislators failed to complete their primary work session for the year because House members couldn't agree quickly to work through bills that address economic incentives, local sales taxesMore >>
Some House Republicans joined Democrats Friday, opposing a move to bring up a sales tax and economic development bill to the floor for a vote. The defeat forced leaders to schedule a Monday session.More >>
Thursday, August 14 2014 7:44 AM EDT2014-08-14 11:44:24 GMT
The North Carolina General Assembly may be officially winding down two weeks after lawmakers left Raleigh without an agreed-to plan on when to return to take up pending legislation. Both the House andMore >>
With proposals on extending the state's Film Incentive Tax Credit and Historic Development Tax Credit still pending, state lawmakers could adjourn the short session until after the General Election in November.More >>
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