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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
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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