Duke Cinergy merger creates top US electric utility
Duke Energy plans to acquire Cinergy in a 9 billion stock deal creating a leading North American utility with about 3.7 million electric and 1.7 million gas customers across Ohio Indiana Kentucky North Carolina South Carolina and Ontario The merger aims to modernize coal plants and expand nuclear capacity while cutting about 1500 jobs Cinergy shareholders would own 24 percent of the combined company and Duke Energy 76 percent James Rogers would become president and CEO Paul Anderson chair with operations based in Charlotte NC
MENTIONED IN THIS ARTICLE
United States
North America
Paul Anderson
Duke Energy
Ohio
Kentucky
Indiana
North Carolina
South Carolina
Ontario
Canada
Duke
Midwest
Cinergy
James Rogers
Rogers
Middletown
AK Steel Corp
Duke-Cinergy
Alan McCoy
Charlotte
N.C
Cincinnati
Cincinnati Gas & Electric Co
Union Light, Heat & Power
PSI Energy
Steve Brash
Southeast
Brash
Mike Heim
A.G. Edwards & Sons
Anderson
County pilots chain gang litter detail for cost saving
The county tests a voluntary chain gang of ten medium security inmates forced to wear striped uniforms and chained at the ankles while salting highway medians to pick up litter under deputy supervision. The program, inspired by county officials, aims to cut housing costs and potentially replace some paid labor in littering and recycling.
MENTIONED IN THIS ARTICLE
Jones
Fox
Ing
Sheriff's Office
School district weighs elementary restructuring and levy impacts
The board debated closing Hunter Elementary and reorganizing schools to K 2 and 3 5 configurations to save money. A state minimum five hour day was urged for secondary schools with 5 percent cuts for elementaries. If the August levy passes, transportation and activities would return and staff reductions tied to those cuts reconsidered. Residents urged levy support amid family hardships from the process.
MENTIONED IN THIS ARTICLE
Gray
Deer Park
Hunter
Sherrie Myers
Ben Miller
Saylor
Jim Mears
Lindsay Holt
Hunter Versus Schenck
Mark Kennard
Derby Night Fatal Shooting After Car Crash Brawl
In Louisville post Derby scene a fender bender escalated into a fatal shooting. Davis died after Love fired a gun during a confrontation in a McDonald’s parking lot. Turner and Davis were hurt, with Turner wounded and Davis pronounced dead at University Hospital. Family members mourn as investigators probe a weekend of shootings near the cruising area.
MENTIONED IN THIS ARTICLE
Love
Davis
Turner
Louisville Metro Police
Alicia Smiley
University Hospital
Dooner
Fourteenth Avenue
Louisville
Shirley Hood
Dayton
van Edward Davis Sr
Middletown
Terrance Turner
Marilyn Turner
Davis Sr
AK Workers face arbitration amid 2005 profit gains
AK reported 2005 second quarter net income of 59.2 million and operating profit of 113.6 million or 75 per ton, the best quarterly per ton figure since 1995. AEIF leaders warn the arbitration at Middletown Works could shape bargaining talks ahead of a February 28, 2006 contract expiry. Ashland plant contract expires September 1, 2005.
MENTIONED IN THIS ARTICLE
AEIF
Shelley
Bradford
Middletown Works
Ashland
AESF
AKS
District Eyes Food Service Outsourcing Proposal
The board unanimously approved advertising for proposals from food service management companies while exploring outsourcing. Trustees seek questions and bargaining with the union, with proposals due by June 22 and a later selection committee to recommend any contract. Current staff may apply for positions with a successful vendor.
MENTIONED IN THIS ARTICLE
Steve Price
Lewis
Tom Allen
Middletown
Eric Lotzing
John Venturella
Steve Lane
Chapman
Food Service
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Hunter School
Lori Raleigh
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Hood
Richard West
Springboro Road
Wickie
S. Main-Monroe
McCoy
Ignau
Coxohio
Charles Bradford
Eyes Food Service
Middletownjournal.com
Agus of
O Loop Rd
Bob Perry
Benzene
Steel Mills
Baron
Faye Tyce
Baron & Budd
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Cleveland