The American largest coal mining companies are raking in cash as demand recovers and prices soar. This suggests that the demise of coal power seems to have been greatly exaggerated.
$Peabody Energy(BTU.US)$, the largest private coal miner in the US, reported its highest quarterly profit in at least 20 years. The company reported net income of $513m for the final three months of 2021, compared with a loss of $129m in the same period la...

By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures moved slightly higher early Friday morning as Wall Street looked to end the week on a positive note after a historic inflation report.
- A new version of a lawsuit originally filed in January alleges that Subway misled the public about its tuna sandwiches.
Market Snapshot
Stock futures moved slightly higher early Friday morning as Wall Street looked to end the week on a positive note after a historic inflation report.
Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ ticked up 52 points. Those for the $S&P 500 Index(.SPX.US)$ and $NASDAQ 100 Index(.NDX.US)$ hovered in mildly positive territory.
Market Temperature
Read more: Market Temperature (11/12)
Top News
Surging inflation poses challenge to Biden's $2 trillion spending plan
The highest inflation in three decades is posing a new test for President Biden as he seeks to push through another pillar of his economic agenda while also easing Americans' concerns about rising consumer prices.
S&P 500, Nasdaq claw back ground a day after inflation readout
U.S. stocks rose, rebounding from a selloff that came after an inflation reading hit a three-decade high.
Companies order record number of robots amid labor shortage
North American firms ordered nearly 29,000 robotics units in first nine months of 2021.
Energy companies use 3-D printing to bypass snarled supply chains
Issues including cost and print speeds have constrained the 3-D printing industry, but a rise in global shipping costs and new techniques are making the technology more attractive.
Elon Musk needs to sell millions of more Tesla shares to meet 10% pledge
The CEO sold about 4.5 million $Tesla(TSLA.US)$shares Monday through Wednesday and likely needs to sell upward of 12.5 million more to reach his goal.
Former JPMorgan Exec says bank fired her for raising compliance concerns
A former $JPMorgan(JPM.US)$compliance executive has sued the bank for retaliation, saying it fired her after she pointed out gaps in its anticorruption controls and raised concerns about what she believed were misrepresentations to regulators.
Subway's tuna isn't actually tuna, lawsuit again alleges
A new version of a lawsuit originally filed in January alleges that Subway misled the public about its tuna sandwiches.
Read More
Does fund manager tenure matter?
U.S.-listed Chinese stocks soar after record Singles' Day sales
Musk throws fresh shade at Rivian a day after Rival's big IPO
Much money on hand? U.S. shoppers outspend Chinese to restore luxury market
Rivian shares surge 18%, its valuation may be even more lofty than Tesla's?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg