Energy in America

Judge keeps rate cuts for failed nuclear plants in limbo

Investors in a South Carolina utility humbled by a multibillion-dollar nuclear construction debacle voted against golden parachutes for top executives if they lose their jobs as a result of the sale to Virginia-based Dominion Energy.

Global stocks extend losses on China-US trade worries

Asian shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports.

Business Highlights

___ Social media plays whack-a-mole with Russia interference NEW YORK (AP) — Facebook is spending heavily to avoid a repeat of the Russian interference that played out on its service in 2016.But it doesn't appear to have the upper hand yet — and may never.

Inflation, gas prices, tariffs squeeze consumers

A can of Coca-Cola, a package of Pampers and plane tickets will likely cost more in the coming months, as consumers feel the impact of rising fuel prices, higher raw-materials costs and a range of new tariffs.

Shareholders of troubled SC utility approve merger plan

Shareholders of SCANA agreed Tuesday to sell the South Carolina utility to Virginia-based Dominion Energy, which has agreed to swallow billions of dollars in debt from the company's failed nuclear construction project and other operations.