Months after South Carolina’s electric cooperatives were rocked by a corruption scandal, the not-for-profit power companies are working with legislators on wholesale reforms, including state oversight.
The S.C. Senate has refused to pay any further for Virginia-based consultant ICF to study offers to buy Santee Cooper, a move that throws a wrench into efforts to offload the state-owned power company and its $8 billion in debt.
Legislators expect to pass a compromise Thursday to protect a program that helps South Carolinians afford rooftop solar panels. However, there are last-minute objections, including from advocates for the poor.
Chanel's iconic couturier, Karl Lagerfeld, whose accomplished designs as well as trademark white ponytail, high starched collars and dark enigmatic glasses dominated high fashion for the last 50 years, has died.
British Prime Minister Theresa May will be traveling to European Union headquarters to seek an elusive breakthrough in Brexit negotiations, but she was told Tuesday on the eve of the talks that her most important demand is not even up for discussion.
Estonia's financial watchdog said Tuesday the local branch of Danske Bank must close after the financial group admitted that massive sums of money from Russia and former Soviet states had been laundered through the subsidiary.