The Associated Press is reporting that coal stocks are dropping sharply today, on the expectation of tougher going for coal companies in a second term for President Obama. The AP reports that a series of environmental regulations proposed by the Obama administration could reduce the nation's use of coal.
Tennessee Governor Bill Haslam is meeting with state agencies to help prepare for possible budget cuts. After a series of meetings conducted on election day, Haslam will hear presentations today for transportation, children's services and other departments.