Good morning! Here’s a look at how AP’s general news coverage is shaping up today in North Carolina. Questions about today’s coverage plans are welcome, and should be directed to Carolinas News Editor Tim Rogers at 919-510-8937 or at [email protected] Jack Jones is on the desk, followed by Skip Foreman at 2 p.m.
A reminder this information is not for publication or broadcast, and these coverage plans are subject to change. Expected stories may not develop, or late-breaking and more newsworthy events may take precedence. Advisories, digests and digest advisories will keep you up to date.
Some TV and radio stations will receive shorter APNewsNow versions of the stories below, along with all updates.
DUKE ENERGY-PIEDMONT NATURAL GAS
RALEIGH — The heads of Duke Energy Corp. and Piedmont Natural Gas Co. are on the witness stand as they explain why North Carolina regulators should approve their merger. The state Utilities Commission on Monday hears Duke Energy CEO Lynn Good and Piedmont Natural Gas head Thomas Skains defend their plan. Duke Energy plans to buy its fellow Charlotte-based company for about $5 billion. By Business Writer Emery P. Dalesio. SENT: 130 words. UPCOMING: 500 words by 5 p.m.
EARNS-BANK OF AMERICA
NEW YORK — Bank of America’s earnings fell 20 percent in the second quarter as historically low interest rates make it less profitable to make loans. The Charlotte, North Carolina-based banking giant earned $3.87 billion, or 36 cents per share, before dividends to preferred shareholders. That’s down from $4.8 billion, or 43 cents per share, in the same period a year earlier. By Business Writer Ken Sweet. SENT: 230 words. AP Photo NYBZ101.
FROM AP MEMBERS:
— BATTLESHIP NORTH CAROLINA, from WILMINGTON — Engineers are kicking off construction on a kind of dam that will make repair work possible on one of North Carolina’s favorite tourist attractions. SENT: 130 words.
— CHILD DROWNS, from MYRTLE BEACH, S.C. — A 6-week-old child from Chapel Hill, North Carolina, has drowned in a pond near a mall in Myrtle Beach. SENT: 130 words.
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