BC-SC--South Carolina Coverage Advisory, SC

Published on NewsOK Modified: December 3, 2012 at 9:10 am •  Published: December 3, 2012
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Here is an early look at the stories we plan to cover Monday, December 3, 2012, subject to change as developments warrant. The South Carolina News Digest for Tuesday AMs will move at 3 p.m.

The news editor is Tim Rogers. The AP bureau for South Carolina can be reached at 800-922-1565 or 803-799-5510.

ILLEGAL IRAN EXPORTS

CHARLESTON — A North Charleston businessman is going on trial in federal court this week on charges of illegally exporting goods to Iran. Federal prosecutors also say Markos Baghdasarian lied to federal agents about trying to get South Carolina products into Iran. His jury trial opens on Monday.

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DUKE-PROGRESS MERGER

RALEIGH, N.C. — North Carolina's utilities regulator was scheduled Monday to endorse a settlement ending its investigation into whether Duke Energy misled officials before they approved its takeover of its largest rival. The North Carolina Utilities Commission had the power to reverse or change its earlier approval allowing the merger with Progress Energy to create the country's largest electric company. That risk would be buried if the deal is approved, along with embarrassing revelations about how Duke Energy board members soured on Progress Energy CEO Bill Johnson and plotted to sack him despite public statements he would lead the combined company. By Business Writer Emery P. Dalesio.

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