Tagged: Peabody Energy

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Peabody and Patriot Coal Protests
5:33 pm
Mon April 29, 2013

Protesters Return To St. Louis As Patriot Coal Health Benefits Case Continues

Credit (Maria Altman/St. Louis Public Radio)
Protesters rally in front of the Peabody Energy headquarters in downtown St. Louis on April 29, 2013. They gathered to draw attention to a Patriot Coal case regarding the health care benefits of 10,000 retired miners. Peabody spun off Patriot in 2007.

A motion by Patriot Coal to cut health benefits for 10,000 retired miners was heard Monday in a federal bankruptcy court in St. Louis.

More than 1,500 protesters, many with the United Mine Workers of America, rallied in downtown to draw attention to the case.

The UMWA is angry with Patriot for asking a federal bankruptcy judge to allow it to shed about $1.6 billion in liabilities.

But they also direct their anger at Peabody Energy, which spun off Patriot in 2007.

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Peabody and Patriot Coal Protests
2:03 pm
Tue April 16, 2013

Union Miners Protest Peabody In St. Louis Again, This Time, With Crosses

Hundreds of retired and current union miners from across the country descended on St. Louis on Tuesday to protest Peabody Energy and the potential loss of their pension plans.

Most of the miners worked for either Peabody Energy or Arch Coal, but their benefits are threatened by the bankruptcy of Patriot Coal last year. Patriot was spun off from Peabody in 2007, along with the healthcare obligations of many Peabody and Arch Coal employees.

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Business
1:18 pm
Tue February 26, 2013

Peabody: SEC Investigating Ill. Prairie State Power-Plant Project

Credit (St. Louis Public Radio)

One of the nation's biggest coal producers says federal security regulators are investigating the company's role in development of a southwestern Illinois power plant.

St. Louis-based Peabody Energy Corp. says in its annual report that the Securities and Exchange Commission served the company with a subpoena last month requesting information and documents related to the Prairie State project.

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