FirstEnergy's request comes after regulator struck down an industry-wide bailout plan.
Megan Geuss
On Saturday, power corporation FirstEnergy placed its coal and nuclear generation units under chapter 11 bankruptcy. Although coal and nuclear plants across the country have struggled to compete with the low prices of natural gas, FirstEnergy's filing is unique because it stands to take on a political dimension. Just two days before FirstEnergy's bankruptcy filing, the (...)