BY DYLAN T. LOVAN
The Associated Press

CENTERTOWN, Ky. — A five-minute drive from this community’s lone gas station leads to a gateway to untapped riches: A bed of coal twice the size of Lake Michigan.

Earth-movers are peeling back layers of…

Peabody Energy Corp. named M. Frances Keeth, a former Royal Dutch Shell Plc executive vice president, as a new director, increasing the size of the board to 11.

Keeth was formerly CEO of Shell Chemicals Ltd. and would figure to play a…

That the Dow Jones Industrial Index fell another 251 points on Monday to close at the lowest level since Oct. 1997. The drop in stock markets over the past eight months underscores just how many more people have been selling stocks than buying them lately.…

St. Louis-based Peabody Energy Corp. is among the companies said to be interested in buying part of a Mongolian coal deposit estimated to be worth $2 billion, Bloomberg News is reporting.

Bloomberg says Mongolia’s government may hire JPMorgan Chase and Citigroup to find a…

Oil and water don’t mix. Nor, apparently, do coal and natural gas - at least in one instance.

Bloomberg News reported yesterday afternoon that Colorado-based natural-gas producer Bill Barrett Corp. won a federal court order that temporarily bars Peabody Energy Corp. from exploring…

It’s been more than a year since Democratic New York Attorney General Andrew Cuomo subpoenaed Peabody Energy Corp. for information on whether the company had adequately disclosed financial risks of global warming, and the two parties are still apparently locked in…

Peabody Energy Corp., the world’s largest private sector coal producer, is discovering that more is less when it comes to healthcare, according to this story from Bloomberg News.

The St. Louis-based company has joined Foundation Coal Holdings Inc. in combatting rising health care costs…

If you think oil prices are spiraling out of control, take a peek at the stock chart for Patriot Coal Corp. After an 8-percent rally on Friday, Patriot shares surged another 12 percent Monday to close at $120 a share.…

Like most shareholder meetings, yesterday’s Ameren Corp. gathering at the St. Louis Art Museum was short on drama, and news. There was the usual board election, auditor ratification and company overview from Chief Executive Gary L. Rainwater. But his comments during the Q&A…

Shares of Patriot Coal surged more than 20 percent Thursday morning, a day after the coal producer announced an agreement to buy Magnum Coal Co. for $709 million in stock and debt.

The transaction will make the company the second largest coal producer…