Download this post...In the starkest sign yet of shifting fortunes in the coal industry, St. Louis-based Peabody Energy, the largest and most storied U.S. coal company, announced early Wednesday that it was filing for Chapter 11 bankruptcy. The company cited an “unprecedented industry downturn,” which it attributed to a range of factors including an economic slowdown in...
Boom: Largest Coal Company In U.S. Files For Bankruptcy
![](https://www.technocracy.news/wp-content/uploads/2016/04/coal-loading-777x437.jpg)