Business

Thursday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Thursday’s business headlines.

Duke

Duke Energy says its carbon reduction is now 40% versus its 2005 number.

Duke also continued to oversee the largest coal closure in the industry, having already retired approximately 6,500 Megawatts since 2010.

They also plan to retire all coal-only units by 2030 in the Carolinas and shorten average retirement dates by 40% in Indiana.

Duke will also invest millions into new battery storage investments.

RV sales

Recereational vehicles are hitting the roads at a pace never seen before as the COVID-19 pandemic has driven more Americans to explore the country.

Craig Kirby, president and CEO of the RV Industry Association, says many Americans have discovered for the first time that an RV is the perfect way to get the most out of the great outdoors.

A recent survey conduct by Go RVing found that RV ownership has grown 26% over the past 10 years to 11.2 million households. Almost a quarter of owners are under the age of 35 and 84% of those younger owners are planning to purchase a new RV within the next five years.

Amazon

Amazon is slated to overtake Walmart as the largest retailer in the U.S.

Edge by Ascential also found that e-commerce will account for 29% of U.S. retail chain sales by 2025.

Kroger is slated to hold onto the third-place spot, in terms of retailers.

Samsung

Samsung unveiled a new generation of mobile-first PCs that combine the power of a laptop with the new DNA of a Galaxy smartphone, at its first-ever Unpacked event for PCs.

The Galaxy Book Pro and Galaxy Book Pro 360 represent a new approach to mobile computing.

With the new Galaxy Book Pro series, users can turn any location into a mobile office, theater or conference room.

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