Articles

NCAA committee endorses new penalty structure

Nearly a year after promising to impose harsher sanctions on the most egregious rule-breakers, NCAA leaders endorsed a proposal Thursday that would make schools subject to the same crippling penalties just handed to Penn State.

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Duke Energy earnings creep up on higher rates

Duke Energy Corp.’s earnings rose 2 percent in the second quarter on higher electric rates, but newly acquired subsidiary Progress Energy saw earnings plummet as a result of planned nuclear plant outages.

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Deadline arrives for Indiana fair disaster claims

Victims of the deadly stage collapse at the Indiana State Fair faced a Wednesday deadline to make claims against a $13.2 million settlement offer from the state and two private companies, but it could be weeks before they learn their share of the money and even whether the deal will go forward.

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N.C. regulators hire law firm to probe Duke Energy

North Carolina utilities regulators said Wednesday they have hired a former federal prosecutor with experience digging into corporate affairs to reveal whether regulators were misled ahead of a takeover that created America's largest electric company.

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Indiana backs off defense of new immigration law

The state attorney general's office said Tuesday that it no longer will defend most of the disputed portions of Indiana's new immigration law, as they were rendered invalid when the U.S. Supreme Court struck down similar parts of an Arizona law in June.

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Legal drama over Duke Energy merger lingers

The investigations into whether regulators and consumers were misled in the run-up to the merger of North Carolina's two Fortune 500 energy companies could continue quietly for months after a deadline arrives next week.

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Rebounding RV industry sees smoother roads ahead

The recreational industry whose collapse during the recession made northern Indiana the poster child for the ailing economy is expecting solid growth in the next 18 months as the industry continues its rebound.

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2 quit Duke Energy board, say new CEO needed

Two riled directors of America’s largest electric company resigned Friday, complaining they were blindsided by a surprise CEO switch that has put pressure on Duke Energy Corp.’s credit rating and stock price.

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McKesson to pay $151M to settle drug-pricing suit

Twenty-nine states, including Indiana, have reached a $151 million settlement in a lawsuit alleging one of the country's largest drug wholesalers inflated prices for hundreds of prescription drugs, officials said Friday.

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