Coal Giant Peabody Energy Files For Bankruptcy
Pointing to an “unprecedented industry downturn,” the St. Louis coal company Peabody Energy announced today that it is filing for Chapter 11 bankruptcy. It’s one of a number of recent bankruptcies in the coal industry. Here & Now’s Jeremy Hobson looks at the larger forces at play with Juli Niemann, an energy analyst at Smith Moore & Co. in St. Louis.
- Juli Niemann, energy analyst at Smith Moore & Co. in St. Louis.
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