Duke Energy Corp. shareholders should vote against four board members for lapses that led to a February coal-ash spill that fouled a North Carolina River, the California Public Employees’ Retirement System and New York City Comptroller Scott Stringer said.
Bank of America Corp. shouldn’t win dismissal of claims under the Financial Institutions Reform, Recovery, and Enforcement Act that it misled investors about the quality of $850 million in mortgage-backed securities, the Justice Department said.
Donations to the Masters Tournament Foundation slumped 37 percent in 2012 as benefactors didn’t make follow-up gifts to the charity created by the private club that hosts the first of golf’s four annual major tournaments.
Comcast Corp., the nation’s largest U.S. cable company, told regulators it can offer advanced video services and spread high-speed Internet service without harming competition if it’s allowed to buy No. 2 Time Warner Cable Inc.
In Charlotte, 42 percent of the population rents and the remaining 58 percent are homeowners. And in the past year the Charlotte real estate market has seen an 8.2 percent increase in value, with a median sales price of $184,000, according to Zillow.