Free Republic

President Donald Trump is expected to lift a moratorium on federal coal-mining leases -- though it probably won’t do the industry much good until years after he’s left office. That’s because U.S. coal companies including Peabody Energy Corp. won’t be looking to secure new reserves of the fossil fuel on federal land for years, especially as mining slows amid the sector’s worst downturn in generations. Production in Wyoming and Montana, where much of government coal is located, fell 18 percent in 2016 from the prior year. Coal’s share of U.S. power generation has plunged in the face of competition from...

“I’ll vote for Donald Trump, absolutely, not a question,” Welch said in the interview. “I’d vote for just about any human being against Hillary Clinton in this election.” Welch said it’s not too late for Trump to convince skeptical Americans that he is better than Clinton. "Show the American people how he's going to create jobs, a better economy and a better life for all of them," Welch said. "Get back on the real issues,” he said. “I am behind the Republican candidate. Any Republican candidate,” he said. “I can't have eight more years of this. I don't want eight...

Bowie Resources Partners’ purchase of Peabody Energy Corp.‘s Twentymile Mine in Routt County has fallen through, and Peabody has filed for Chapter 11 bankruptcy reorganization. Peabody, the world’s largest privately owned producer of coal, joins other major coal companies including Arch Coal, owner of the West Elk Mine in the North Fork Valley, in going bankrupt. Arch Coal also is in Chapter 11 reorganization. Bowie, owner of the Bowie No. 2 Mine near Paonia, had agreed to buy Twentymile and two mine properties in New Mexico for $358 million. But Peabody previously had said Bowie was still trying to find...

In a sign of the times, the world’s largest private sector coal miner just went bankrupt. The St. Louis-based Peabody Energy Corp. warned a month ago that it was considering filing for Chapter 11 bankruptcy, and on Wednesday they made it official. Peabody’s mines will continue to operate uninterrupted through the bankruptcy process. According to Peabody’s court filing, it has obtained $800 million in debtor-in-possession financing facilities. “Through today’s action, we will seek an in-court solution to Peabody’s substantial debt burden amid a historically challenged industry backdrop. This process enables us to strengthen liquidity and reduce debt, build upon the...

Peabody Energy, the world's largest private-sector coal producer, warned early Wednesday it may go out of business, the latest sign of the brutal conditions in the battered industry. In a regulatory filing the company said that ongoing losses and its decision to miss certain interest payments means it may not have enough cash to "sustain operations and continue as a going concern."

SALEM (MA)— Moments after learning he’ll spend the next three years in prison, Daniel Eremian unloaded on his brother-in-law, Congressman John Tierney, calling the Salem Democrat “the biggest liar in the world.” “He knew everything that was going on,” said Eremian, 62, the former owner of Brodie’s Pub in Peabody who now lives in Boca Raton, Fla. “He sat in the boxes with bookies at Fenway Park.” He called Tierney’s claims to the contrary “hogwash.” Tierney, through his spokeswoman, Kathryn Prael, denied Eremian’s claims in a statement earlier tonight. “Today, clearly bitter at having lost his case and harboring old...

WASHINGTON — The Prairie State power plant, set amid farm fields and woods in southwestern Illinois, will start producing power soon, beginning a life of burning local coal that's expected to last until at least the 2040s. Prairie State is the largest coal-fired power plant built in the United States in the last 30 years. -snip- What sets Prairie State apart from most other U.S. power plants is that it sits next to its own coal mine. The company figures it has enough coal to run the plant for 30 years, providing electricity for 2.5 million households. Peabody Energy, the...

23 comments The world’s largest private sector coal business, the Peabody Energy Company (PEC) has filed a mammoth 240-page “Petition for Reconsideration,” a full-blown legal challenge against the U.S. Environmental Protection Agency. The petition must be answered and covers the entire body of leaked emails from ‘Climategate’ as well as those other ‘gate’ revelations including the frauds allegedly perpetrated under such sub-headings as ‘Himalayan Glaciers,’ ‘African Agricultural Production,’ ‘Amazon Rain Forests,’ ‘Melting Mountain Ice,’ ‘Netherlands Below Sea Level’ as well as those much-publicized abuses of the peer-review literature and so called ‘gray literature.’ These powerful litigants also draw attention to...

The world’s largest private sector coal business, the Peabody Energy Company (PEC) has filed a mammoth 240-page “Petition for Reconsideration,” a full-blown legal challenge against the U.S. Environmental Protection Agency. The petition must be answered and covers the entire body of leaked emails from ‘Climategate’ as well as those other ‘gate’ revelations including the frauds allegedly perpetrated under such sub-headings as ‘Himalayan Glaciers,’ ‘African Agricultural Production,’ ‘Amazon Rain Forests,’ ‘Melting Mountain Ice,’ ‘Netherlands Below Sea Level’ as well as those much-publicized abuses of the peer-review literature and so called ‘gray literature.’ These powerful litigants also draw attention to the proven...

PEABODY — It was the contract provision that made Peabody national news. Today, Sept. 11 became a paid holiday for police officers, according to an agreement the police union reached with Mayor Michael Bonfanti last October. The designation means officers will be paid time and a quarter on the anniversary of the 2001 terrorist attacks in New York City and Washington, D.C. The provision was groundbreaking. No other police department in the country had such a holiday, and it triggered a backlash, fueled by local and national news stories, against the Peabody police. They were accused of exploiting a national...

SCI FI Channel's original series Battlestar Galactica has been honored with the prestigious Peabody Award, which recognizes distinguished achievement in electronic media. It is the first Peabody Award for the network. The Peabody Board is a 16-member group, comprised of television critics, broadcast and cable industry executives and experts in culture and the arts, that judges the entries. Selection is made by the board following review by special screening committees of UGA faculty, students and staff. "As is the case every year, submissions for consideration by the Peabody Board provide insight into the astonishing array of electronic media productions" said...

May 18, 2005 The following are English translated excerpts from an article that appeared in Al-Yawm (Saudi Arabia) on May 12, 2005. I believe most of the current suicide terrorists are reported to be from Saudi Arabia and according to this author recruitment became worse when websites began disseminating pictures by email...the method the photos of Abu Ghraib were passed around. This article's clarity and simplicity motivated me to write the letter to Dan Rather that follows it. May 12, 2005 Al-Yawm (Saudi Arabia) "The Proponents of the Suicide Ideology Have Taken Advantage of Global Communications" by Sawsan Al-Sha'er. "One...

NEW YORK (Hollywood Reporter) - With thanks to two former colleagues who left CBS in the wake of a scandal, CBS News' Dan Rather accepted broadcast journalism's most prestigious honor on Monday for the "60 Minutes Wednesday" story that exposed the shocking conditions inside Iraq's Abu Ghraib prison. In one of his first public appearances since leaving the network's anchor chair in March, Rather and Mary Mapes received the Peabody Award at a luncheon at the Waldorf Astoria in Midtown Manhattan. Rather took pains to acknowledge Mapes and former CBS News senior vp Betsy West (who also attended the ceremony),...

When the George Foster Peabody Awards for excellence in electronic media were announced yesterday, they cited a program that was later accused of basing a report on fake documents, "60 Minutes II" - and a program that gleefully engages in the production of fake news, "The Daily Show with Jon Stewart." The Peabody given to the Wednesday edition of "60 Minutes" honored an exclusive story, produced by Mary Mapes and reported by Dan Rather, about the abuses at Abu Ghraib prison in Iraq. Several months after that journalistic coup, Ms. Mapes was fired and Mr. Rather retired as anchor of...

SAN FRANCISCO (MarketWatch) -- The woman romantically tied to ousted Boeing Co. Chief Executive Officer Harry Stonecipher left the world's largest aerospace company on Thursday. She departed on her own accord, according to Boeing. The woman reportedly worked in the company's Washington, D.C.-office. She had been identified as Debra Peabody by various reports; Boeing will not divulge her name. Stonecipher's surprise departure in early March at the request of the company's (BA: news, chart, profile) board came as a shock inside and outside the company. According to the company, he had violated Boeing's code of conduct. "The board concluded that...

There has been an arrest in someone who opened fire outside of the Peabody hotel where President Bush was staying in Memphis.

Post-9/11 Still Dominates Peabodys By Julie KellerMore than two years after the terror attacks of September 11, 2001, coverage of its aftermath is still making headlines. The 62nd Annual George Foster Peabody Prizes, considered the most prestigious of all broadcast awards, were announced Wednesday, and in-depth analyses of the attacks topped the best-of list for 2002. CNN got a nod for Terror on Tape, an inside look at al Qaeda's terrorist training camps, while CBS and ABC were awarded for their coverage, as well. CBS News/48 Hours got props for 9/11, the Robert De Niro-hosted special featuring live-action footage of...