August 25, 2008

Russian Steelmaker Buys Pennsylvania Coal Operator

In a takeover aimed at securing a steady supply of Pennsylvania coal to fuel its growing U.S. steel business, Russian steel producer OAO Severstal announced Friday that its mining division has agreed to acquire U.S. coal company PBS Coals Corp. for $1.3...

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Guest Column: BY LLEWELLYN KING

COMMENTARY There is a joke of no known authorship which says, “No good deed shall go unpunished.” So, alas, it has been with nuclear power. The gift was given to the world by the storied Joint Committee on Atomic Energy, which wrote and promoted... More »