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6:30 am
Wed September 19, 2012

Market for Asian carp maturing in Illinois

Credit Adam Allington / St. Louis Public Radio
Grafton Mayor Tom Thompson (left) and Lu Xu Wu (Chinese investor in American Heartland Fish) speaking through an interpreter.

When the French explorer Père Marquette traveled down the Illinois River in 1673, his journal tells of encounters with “monstrous fish” so large they nearly overturned his canoe.  

In all likelihood the fish Marquette was talking about were channel catfish, but nearly 340 years later fisherman Josh Havens says it’s bighead carp... and silver carp which now harass boaters on the Illinois (silver carp are the jumpers).

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Business
6:30 am
Mon September 17, 2012

Asian carp solution will have downstream impact

Credit Kelly Martin / Via Wikimedia Commons
A tugboat pushes a barge under the Eads Bridge in St. Louis

The issue of keeping Asian carp out of the Great Lakes has implications for a variety of industries.  Midwest officials are weighing a range of options, including severing the connection between the Mississippi River and Great Lakes basins.  This last option comes with a list of potential economic implications for the shipping and manufacturing industry.

For instance, the 70-mile stretch of Mississippi River at St. Louis is one of the busiest inland ports in America—a place where grain, aggregate and steel are loaded and shipped up and down the river.

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3:27 pm
Mon September 10, 2012

Where the bailouts stand, in 1 graphic

Lead in text: 
Planet Money breaks down the "how much they got" and "how much they've paid back" of the bailouts of the financial system and auto industry. Check it out via the link.
  • Source: Npr
  • | Via: Planet Money
It's been four years since the U.S. launched a massive bailout of the financial system and the auto industry. While much of the bailout money has been paid back, the government still owns large shares in companies such as AIG and GM, and has yet to recoup some $200 billion in bailouts.

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