An oil boom is under way in the United States. Since 2008 domestic oil production has increased dramatically, reversing what was a nearly three-decade decline. That has some predicting the U.S. could overtake Saudi Arabia as the world's largest petroleum producer in coming years.
Originally published on Wed October 3, 2012 6:07 pm
Credit Maureen Langlois / NPR
It's harvest time in the heartland, but not just for apples and squash. In small, back-lot ponds on farms across the Midwest, a different crop has been growing all summer. They're substantial, slightly sweet and a revelation to the land-locked palate, not to mention worth top dollar. Yep, it's shrimp season in Ohio.
But don't ask for any Midwestern shrimp at your local fishmonger. There aren't enough yet to make it to the store.
New York's attorney general has sued JPMorgan Chase, alleging that a unit now owned by the banking giant fraudulently sold mortgage-backed securities in the run-up to the 2008 financial crisis.
The civil lawsuit filed Monday by state Attorney General Eric Schneiderman is the first to be brought by the RMBS Working Group – the task force formed by President Obama in January to pursue alleged wrongdoing at the time of the financial crisis.
A small solar power company hopes to become a winner in a market littered with losers.
San Jose, Calif.-based SoloPower is opening a $60 million manufacturing facility in Portland, Ore., Thursday as it works toward receiving a major government loan — like the one given to now-bankrupt Solyndra. SoloPower thinks it has a strategy to succeed where Solyndra failed.
An apple a day might keep the doctor away, but what do you do when there are no apples? It's a question western Michigan's apple growers are dealing with this season after strange weather earlier in the year decimated the state's apple cultivation.
Michigan is the third-largest apple producer in the U.S. after New York and Washington, but the state's apples will soon be in short supply. Now in the middle of harvest season, growers are picking only 10 percent to 15 percent of their normal crop.