NextEra to Buy Dominion Energy, Making East Coast Utilities Titan
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 18 May 2026
⏱️ 3 minutes
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| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:12.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:25.1 | While increasing megastore profits, they deserve it. Don't they? |
| 0:29.1 | Tell Congress, stop the Durban Marshall money grab for corporate megastores. |
| 0:31.2 | Paid for it by the Electronic Payments Coalition. |
| 0:39.7 | Here's your midday brief for Monday, May 18th. I'm Alex O'Sillette for the Wall Street Journal. |
| 0:46.9 | Nextera Energy has agreed to buy Dominion Energy in a $67 billion deal. It would combine two of the largest U.S. utilities into an East Coast energy titan with territory in Florida, the Carolinas, and Virginia. |
| 0:53.9 | Utilities are facing a massive upswing in consumer demand, largely driven by artificial |
| 0:58.5 | intelligence and the buildout of data centers for AI. |
| 1:01.9 | The transaction is expected to close within the next 18 months and needs approval from |
| 1:05.9 | both state and federal regulators. |
| 1:08.4 | Nextera's stock was down roughly 5% in midday trading, |
| 1:11.6 | while Dominions was up about 10%. |
| 1:13.7 | President Trump has dropped his lawsuit against the IRS. |
| 1:18.1 | Trump had filed the suit in January, |
| 1:20.1 | demanding at least $10 billion in damages |
| 1:22.3 | over the past disclosure of his tax records. |
| 1:25.2 | And in a move announced in tandem with dropping the suit, the Trump |
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