St. Louis-Based Peabody Files For Bankruptcy

St. Louis, MO  (KTRS)  There’s more bad news for the coal industry. St. Louis-based Peabody Energy, the nation’s largest coal miner, filed for Chapter 11 bankruptcy protection on Wednesday. The filing comes less than three months after Creve Couer based Arch Coal, the country’s second-largest miner, filed for bankruptcy. Mines and offices at Peabody, a company…