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Progress Energy

Board Felt Ousted CEO's 'Style Was Autocratic'

Reuters | Posted 09.09.2012 | Business

* Board voted 10-5 to replace Johnson just after deal closed * Worries mounted about Crystal River nuclear plant * CEO R...

Man Plays CEO For A Day, Gets $44 Million In 'Corporate Hijacking'

The Huffington Post | James Sunshine | Posted 07.11.2012 | Business

One guy just got paid $44 million to be CEO for a day. In an apparent corporate coup, Duke Energy, an electric power holding company that recently...

Chris Kirkham

Japan Crisis Highlights U.S. Nuclear Safety Issues | Chris Kirkham | Posted 05.25.2011 | Business

The nuclear crisis in Japan has prompted a re-examination of the safety net for nuclear power in the United States, with former regulators and safety ...

America's Largest Utility Formed After Huge Deal

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

Duke Energy Corp. is buying Progress Energy Inc. to create what will be America's largest utility company. Duke Energy paid more than $13 billion i...