Friday, 15 March 2013 15:57
Patriot Coal seeks to cut retiree's benefits
ST. LOUIS (AP) — Patriot Coal Corp. has asked the U.S. Bankruptcy Court to modify collective bargaining agreements with the United Mine Workers of America, allowing the coal company to cut health care coverage for retired miners.
St. Louis-based Patriot said in the filing on Thursday that the action is necessary to save more than 4,000 jobs. Patriot also seeks to change wages, benefits and work rules for existing workers in an effort to make the company more competitive.
Union leaders have been anticipating the move for some time, holding protests in St. Louis last month that drew more than 1,000 people. UMWA President Cecil Roberts says the loss of benefits would cause financial ruin and threaten the health for thousands of retirees.
Patriot filed for bankruptcy in July.
St. Louis-based Patriot said in the filing on Thursday that the action is necessary to save more than 4,000 jobs. Patriot also seeks to change wages, benefits and work rules for existing workers in an effort to make the company more competitive.
Union leaders have been anticipating the move for some time, holding protests in St. Louis last month that drew more than 1,000 people. UMWA President Cecil Roberts says the loss of benefits would cause financial ruin and threaten the health for thousands of retirees.
Patriot filed for bankruptcy in July.
Published in
Local News
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
Illinois to create state-run health care exchange
SPRINGFIELD, Ill. (AP) - The Illinois Senate has approved a measure that would create a state-governed "insurance exchange" so individuals and small businesses can shop for health ...
IL lawmakers approved ban on using cell phones while dr…
SPRINGFIELD, Ill. (AP) - The Illinois Senate has approved a plan that would ban the use of cell phones while driving. Senators voted 34-20 Thursday, sending the bill to Gov. Pat Q...
Police release photo of gas station robbery suspect
Police are asking for help to find the suspects who robbed a Cahokia gas station overnight. The Midwest Petroleum convenience store was robbed around 2:30 AM. Three suspects smash...
Attorney says pot penalties being misapplied in Columbi…
COLUMBIA, Mo. (AP) - A Columbia lawyer says a local ordinance that treats marijuana possession as a municipal violation isn't being followed by Boone County sheriff's deputies patr...
Police arrest man for shooting into South St. Louis hom…
A suspect is in custody after allegedly shooting into a South St. Louis home. Police were on the scene when they saw the suspect fire several shots into a home near the intersecti...
AP: Man driving van during fatal wreck had suspended li…
ST. LOUIS (AP) - Public records show a New Jersey man behind the wheel of a van that overturned on an Illinois freeway, killing five passengers, had his driving privileges suspende...
Two carnival workers involved in fight
TROY, Mo. (AP) - One carnival worker is badly injured and another in jail following an altercation in eastern Missouri. The St. Louis Post-Dispatch reports that 25-year-old Clint ...
Air force jet clips power lines in western Missouri
WARRENSBURG, Mo. (AP) - A low-flying military jet from a western Missouri Air Force base clipped several power lines, but officials said no injuries were reported. The Springfield...
