Peabody merger talks; Intel, Oracle layoffs: The National Observer Oct. 13

Good morning, readers.

After threatening bankruptcy as recently as two years ago, U.S. coal giant Peabody Energy Corp. has found its feet amid rising coal prices. It’s now reported to be considering a merger with an Australian competitor.

Read on to learn about that, the costs and opportunities surrounding cannabis legalization and more.

St. Louis-based Peabody Energy Corp. (NYSE: BTU), the nation’s largest coal producer, is in confidential discussions with an Australian rival about a possible…


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