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World's 2nd Largest Private Coal Mining Company Files Chapter 11

Construction Equipment

Peabody Energy, the world's largest private-sector coal producer, has filed for bankruptcy protection in United States Bankruptcy Court for the Eastern District of Missouri. Trading on the NYSE was suspended immediately. Peabody (BTU) shares closed Wednesday at $2.07, down from its high of $299.10 The company listed $10.1

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ENHANCED ENTERPRISE ZONE: Provides state tax credits to new or expanding businesses in a Missouri Enhanced Enterprise Zone. 2010 AUTOMOTOVE MANUFACTURING JOBS ACT: Allows qualified manufacturing facilities or suppliers that bring next-generation production lines to Missouri to retain withholding taxes typically remitted to the state.

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State by State Incentives Guide

Buisness Facilities Contributed Content

MISSOURI – updated for 2014. The Missouri Department of Economic Development, through the Division of Workforce Development, administers the program in the state of Missouri. A basic health care plan must be provided to all employees. For a list of state economic development agencies, click this link.

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Tale of Two Cities

Business Facilities

In what seemed like just a few days after ground was broken for the Revel, the specter of bankruptcy loomed over the entire project, which needed a state bailout of more than $200 million to be completed. With that said, we’ll fold our hand, leave the table and cash our chips before we lose another samolean. Mid Atlantic U.S.