A bankruptcy judge approves $6.9M in bonuses for Patriot Coal (PCXCQ.OB) executives and workers,...

|About: Patriot Coal Corp. (PCXCQ)|By:, SA News Editor

A bankruptcy judge approves $6.9M in bonuses for Patriot Coal (PCXCQ.OB) executives and workers, overruling the objection of union members who face wage and benefit cuts. Patriot and the United Mine Workers union still await a ruling from the judge over whether the company can impose wage and benefit cuts upon its union workers and retirees.