Economy & Innovation

Illinois Credit Rating
2:33 pm
Fri December 14, 2012

Moodys Revises Illinois Credit Outlook To Negative

The inside of the dome of the Illinois Capitol building.
(via Flickr/jglazer75)

Reporting from Illinois Public Radio's Brian Mackey used in this report.

Moody's Investors Services has downgraded the credit outlook for the state of Illinois from stable to negative citing the "severe pension funding shortfall."

Illinois Treasurer Dan Rutherford says Illinois already has the worst credit rating of any state in the US.

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St. Louis on the Air
2:37 pm
Thu December 13, 2012

‘Sins And Successes’ Of St. Louis’ Beer Kings

Book Cover, "Bitter Brew: The Rise and Fall of Anheuser-Busch and America's Kings of Beer"
(Courtesy: HarperCollins Publishers)

When St. Louis native Bill Knoedelseder pitched the idea for a TV series about a wealthy brewing, baseball-team-owning family, Hollywood was skeptical. How could a Midwestern mansion hold a candle next to, say, an oil family in Dallas?

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St. Louis on the Air
3:41 pm
Wed December 12, 2012

Avoid Holiday Scams, 'Grinches,' 12 Tips From St. Louis BBB

(via Flickr/Rojer)

Midwesterners are often known for their kindness and, unfortunately, some people take advantage of it, especially during the holidays.

Host Don Marsh talked with Bill Smith, an investigator for the St. Louis Better Business Bureau.

They addressed ways to avoid becoming the victim of so-called “grinches,” including these twelve tips to outsmart scammers.

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Mississippi River
11:03 am
Fri December 7, 2012

Corps Of Engineers Decides Against Releasing More Water For Mississippi

(via Flickr/The Confluence)

A top Army Corps of Engineers official says she believes the low Mississippi River will remain open to shipping, partly justifying the agency's decision to not release more water from the Missouri River into the Mississippi.

Army Assistant Secretary Jo-Ellen Darcy, in a Thursday letter obtained by The Associated Press, tells lawmakers from Mississippi River states that the agency won't be scaling back the amount of Missouri River water it began withholding last month from the Mississippi.

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Business
6:06 pm
Thu December 6, 2012

Upstream States Lay Claim To Water Bound For Mississippi

Credit Kelly Martin / Via Wikimedia Commons

Lawmakers in states up upstream on the Missouri River are bracing for a fight if any action is taken to reopen dams on the Missouri River.

Northern states say their need for water is just as important as moving barges on the Mississippi River.

So far the President is staying out of the water war between states in the Mississippi River watershed, which includes the Missouri River.

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St. Louis on the Air
3:40 pm
Thu December 6, 2012

New Group Promotes Women Entrepreneurs In St. Louis

WEST founding members from L to R: Allison Carmen, Mariquita Barbieri, Jenny Dibble and Sheila Burkett
(Courtesy: Jenny Dibble)

When Jenny Dibble returned to St. Louis after five years on the West Coast, she was struck by two features of her hometown’s entrepreneurial culture: one, it was way bigger and more dynamic than she expected; and two, there were a lot of men.

“At every event I attended, I noticed a strange absence of women,” Dibble said.

She decided to investigate and found that she was not the only St. Louis businesswoman craving a community. From that, the idea for Women Entrepreneurs of St. Louis (WEST) was born.

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China Hub
4:20 pm
Wed December 5, 2012

Mo.-St. Louis Trade Delegation In China Renews Air Cargo Hub Efforts

Seated l-r: Tim Nowak, World Trade Center St. Louis, and Chung Tam, chief rep., Greater China Amer. Society of Transp. & Logistics...standing l-r: former Sen. Kit Bond and Ricardo Pelaez from US Consulate Gen.'s Shanghai office.
Jason Van Eaton, Kit Bond Strategies

Missouri and St. Louis-area leaders are wrapping up a trade mission to China this week designed to revive the so-called China Hub project.

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Business
5:25 pm
Tue December 4, 2012

Area Minority High School Students 'Explore Accounting' At PricewaterhouseCoopers

The students pose for a group photo after the conclusion of their session.
Credit Courtesy of Diversity Awareness Partnership

26 students from area high schools got a taste of the corporate world, when they participated in a half-day session focused on their career future in the field of finance.  Accounting firm PricewaterhouseCoopers partnered with nonprofit Diversity Awareness Partnership to create and present “Explore Accounting,” a program focused on introducing students of color to the industry.

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Shipping
2:57 pm
Tue December 4, 2012

Water Fight: Drought, Farming, Fracking And The Midwest's Tense Shipping Situation

Barge workers on the Mississippi River near St. Louis on Dec. 2, 2012. Low river levels have caused significant issues for the shipping industry on the river.
(via Flickr/pasa47)

Politicians across the Midwest are continuing to press the President to declare a state of emergency on the Mississippi River to allow barge traffic to keep flowing.

Every year roughly $180 billion worth of freight makes its way up and down the river.

Now, a record shortage of water on the nation’s major inland waterways is expected to put upward pressure on everything from food items to electricity.

The drought effect

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Economy
6:33 pm
Thu November 29, 2012

Rethinking St. Louis Highways

John Norquist, CEO Congress for New Urbanism
Credit Congress for New Urbanism

The creation of the new I-70 bridge over the Mississippi just north of downtown has created renewed interest in a plan to remove the part of I-70 that currently runs through downtown.

John Norquist is the President of the Congress for New Urbanism, where he champions a growing movement encouraging cities to tear down their freeways. 

Norquist gave a talk at Washington University entitled “Rethinking Our Streets: The Value of Flexible Street Design”

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