The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. April 14, 2016 Peabody Energy, World's Largest Private-Sector Coal Firm, Files for Bankruptcy ------------------------------------------------------------------------------ The world's largest private-sector coal company has filed for bankruptcy. Peabody Energy is at least the fifth major coal company to seek bankruptcy amid a decline in coal. The environmental group 350.org declared the move a "harbinger of the end of the fossil fuel era." Topics:Coal .