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Business News Archive - March 07, 2008

PNM Resources' (NYSE: PNM) New Mexico electric utility, PNM, will receive a $24.2 million rate increase if regulators approve a recommended decision issued late today by a N.M. Public Regulation Commission hearing examiner.

ST. LOUIS, March 7 /PRNewswire-FirstCall/ -- Patriot Coal Corporation today reported that its Federal No. 2 mine near Fairview, West Virginia has experienced two roof falls over the course of the last two weeks.

Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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