federal regulators

Rains from Florence cause collapse at NC coal ash landfill

Duke Energy said Saturday night that heavy rains from Florence caused a slope to collapse at a coal-ash landfill at a closed power station near the North Carolina coast. Duke spokeswoman Paige Sheehan said about 2,000 cubic yards (1,530 cubic meters) of ash were displaced at the L. V. Sutton Power Station outside Wilmington and … Continue reading Rains from Florence cause collapse at NC coal ash landfill

COLUMBIA, S.C. | Federal regulators give blessing to SC utility merger plan

COLUMBIA, S.C. — A deal to merge troubled South Carolina utility SCANA with Dominion Energy has cleared another hurdle. Dominion announced Tuesday the U.S. Nuclear Regulatory Commission had approved the indirect transfer of the operating license for the V.C. Summer Nuclear Station from SCANA subsidiary South Carolina Electric & Gas Co. to the Virginia-based company. … Continue reading COLUMBIA, S.C. | Federal regulators give blessing to SC utility merger plan

WASHINGTON | Trump asks SEC to consider ending required quarterly reports

WASHINGTON — President Donald Trump says he’s asking federal regulators to consider scrapping the requirement for public companies to report quarterly results, after business executives told him twice-yearly reports would make better economic sense. In a tweet early Friday, Trump said that after speaking with several top business leaders, he’s asking the Securities and Exchange … Continue reading WASHINGTON | Trump asks SEC to consider ending required quarterly reports

HOPKINS, S.C | No clean-up of nuclear leak in South Carolina for years

HOPKINS, S.C. — Federal regulators say the Westinghouse Electric Company has no plans to clean uranium leaks at a nuclear fuel plant despite evidence that it could reach South Carolina’s water supply. Instead, Westinghouse wants a new 40-year extension from the Nuclear Regulatory Commission, even though there’s nearly a decade left on its current license. … Continue reading HOPKINS, S.C | No clean-up of nuclear leak in South Carolina for years

WASHINGTON | Energy regulators: No immediate threat to power grid

WASHINGTON (AP) — Federal regulators are disputing the Trump administration’s claim that struggles facing the coal and nuclear industries threaten the reliability of the nation’s power grid. The Republican chairman of the Federal Energy Regulatory Commission told Congress on Tuesday that “there is no immediate calamity or threat” to the nation’s bulk power system. He … Continue reading WASHINGTON | Energy regulators: No immediate threat to power grid

TRENTON, N.J. | FDA approves 1st nonopioid drug to ease withdrawal symptoms

TRENTON, N.J. (AP) — Federal regulators have approved the first nonopioid treatment to ease withdrawal symptoms from quitting addictive opioids. The U.S. Food and Drug Administration expedited approval of Lucemyra (luc-eh-MEER’-eh) to help combat the U.S. opioid epidemic. The tablet was approved Wednesday to treat adults for up to two weeks for common withdrawal symptoms … Continue reading TRENTON, N.J. | FDA approves 1st nonopioid drug to ease withdrawal symptoms

WASHINGTON | Fargo profits up, but potential settlement may change that

WASHINGTON | April 13, 2018 (AP)(STL.News  Wells Fargo’s profit jumped 6 percent during the first quarter, but that may be revised following an offer by federal regulators to settle a host of investigations into the consumer banking giant at a cost of $1 billion. Wells is navigating several investigations tied to the opening by employees … Continue reading WASHINGTON | Fargo profits up, but potential settlement may change that