Dynegy to close power station in southern Illinois

ALTON, Ill. (AP) – Dynegy says it’s closing its Wood River Power Station in southern Illinois because of economic reasons. The company said in a news release Wednesday that it’s closing the 465-megawatt facility in Alton because of its “uneconomic operation” in a “poorly designed wholesale capacity market” in central and southern Illinois. That system,…

Illinois Supreme Court again rejects $10B cigarette verdict

SPRINGFIELD, Ill. (AP) – A divided Illinois Supreme Court has again rejected a $10.1 billion class-action judgment against cigarette maker Phillip Morris over its marketing of “low-tar” tobacco products. The 4-2 ruling released Wednesday vacates a 2014 decision by Illinois’ 5th District Appellate Court to reinstate the Madison County verdict. The state Supreme Court first…