This Week Proved a Lump of Coal is Still Good Business
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
Energy executives belatedly announced this week that they got a lump of coal in their stockings at the Christmas holiday. They couldn't be happier.
The largest coal mining companies in America -- Peabody Energy and Arch Resources -- reported their best financial results in memory. In other words, the death of coal power has been greatly exaggerated.
Source Fool.com