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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
ambsace
  • Bad luck; misfortune.
  • The smallest amount possible or the most worthless thing.
The word 'ambsace' comes from a Latin word meaning 'both'.