Peabody, World’s Largest Coal Producer Files Bankruptcy; 8,300 Jobs In Jeopardy
by Tyler Durden
ZeroHedge.com
04/13/2016
In a historic event, one which is perhaps the lowlight of the sad demise of the US coal industry, U.S. coal giant Peabody Energy, the largest U.S. coal producer which employs 8,300 workers, filed for bankruptcy on Wednesday, the most powerful convulsion yet in an industry that’s enduring the worst slump in decades.
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