V.C. Summer

“We need power, and we need a lot of it, and we need to take action today," Duke Energy Carolinas President Michael Callahan bluntly told state lawmakers.

A judge has ordered criminal charges dropped against the final executive accused of lying about problems building two nuclear reactors in South Carolina that were abandoned without generating a watt of power.

A fourth business executive faces criminal charges stemming from a federal investigation into a failed multibillion-dollar project to build two nuclear reactors in South Carolina, authorities announced Wednesday.

Investors who lost fortunes in the failure of a multi billion-dollar nuclear reactor construction deal in South Carolina will soon begin to see their portions of a $192 million settlement, under a recently approved distribution.