ST. LOUIS–(KMOX)–For the seventh time this year, thousands of United Mine Workers rally outside Peabody Energy, accusing the coal company of loading much of its union contract obligations onto a spinoff company — Patriot Coal […]
The legal tussle being argued this week may be the most-contentious issue tied to Patriot’s Chapter 11 bankruptcy.
Hundreds gathered to plant 1,000 white crosses in Kiener Plaza to honor the memory of those who died at coal mines operated.
Peabody Energy has denied it created Patriot Coal to fail, claiming the company had a “dream team” of management.
ST. LOUIS–(KMOX)–United Mine Workers from West Virginia, Indiana and other states converged outside Peabody Energy Headquarters for a protest over the future of their health care and retirement benefits — with ten miners getting arrested […]
The company’s Chapter 11 petition listed $3.57 billion in assets and $3.07 billion in debts.
ST. LOUIS–(KMOX)–If they wrote blues songs about the coal industry, they’d have plenty to sing about – as three major coal companies in St. Louis are under pressure from falling demand, tougher regulations and competition from natural gas. […]
Demand softened for coal used by utilities to generate electricity due to unseasonably warm weather.
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