Murray Energy

The man most closely linked to President Trump's push to make coal great again — and the head of the country's largest privately owned coal mining company — is now the latest to reckon with the industry's decline.

GOOGLE EARTH

Here are your morning headlines for Wednesday, Oct. 30:

photo of smoke stacks
JAMES KELLEY / SHUTTERSTOCK

Murray Energy, one of the nation's largest producers of coal, has filed for bankruptcy. The Ohio-based coal mining company also announced that its high-profile CEO, Bob Murray, will be replaced.

Murray Energy, based in St. Clairsville, has filed for Chapter 11 in bankruptcy court and is looking to restructure under a different name, Murray NewCo. Under that new entity, Bob Murray will no longer be CEO or president but he will continue to hold the title of board chairman.

photo of Sammis plant
FIRSTENERGY

The head of one of the nation’s biggest coal companies says he can keep First Energy Solutions' coal-fired power plants from shutting down.

Murray Energy CEO Robert Murray tells Bloomberg news that if government subsidies are granted he can get financing to buy the coal plants targeted for closing.  And with his company providing the coal, he says he can keep them running.