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Money

Seattle fish-egg auctions net hundreds of millions

Bidders walked deliberately among trays of small, lung-shaped sacs full of fish eggs. The room inside a nondescript gray trailer near Seattle's waterfront was white from floor to ceiling, setting off the bright red of the roe sacs.

LYNNE CURRY

Company cell phone's not for calls from Mom

Can our state require its employees to carry a state-issued cell phone? Apparently our state government has decreed that state-issued cell phones cannot be used to make or receive personal calls. Sounds like too much hassle to me, so can I give the phone back if my manager insists on implementing the policy?

Work here, live elsewhere

A large percentage of people work in Alaska but live somewhere else. The chart shows the percentage of nonresident workers at various locations around the state.

Business people

News on hires or promotions of employees to senior or midlevel professional or supervisory positions

Highlights of the business week ahead

Meetings, speeches, classes and more

Meetings

Upcoming business meetings around Alaska

Seminars

Upcoming seminars in the area

TIM BRADNER

Rejecting Point Thomson leases wrong move

I was disappointed with state Natural Resources Commissioner Tom Irwin's recent decision to turn down a $1.3 billion project for Point Thompson development put forth by lease owners in the big North Slope gas and condensate field. We need to keep in mind, however, that this might be part of a broader strategy the state is pursuing.

Business people

News on hires or promotions of employees to senior or midlevel professional or supervisory positions

Power outage shuts down Prudhoe Bay plants

Oil production at Prudhoe Bay, the nation's most prolific oil field, halted on Friday when a vehicle clearing snowdrifts damaged the power supply to processing centers.

Enemy of Pebble also an investor in mining firm

Over the past year, the firm owned by one of the biggest enemies of Pebble -- a huge copper and gold prospect -- has been investing millions of dollars in an international mining firm that wants to develop the controversial project in Southwest Alaska.

Inside Alaska business

Alaska business news in brief

Friday's oil, gas, gold, zinc prices

The price of North Slope oil sold on West Coast open markets reached a record high for the fourth day in a row, closing Friday at $125.96 a barrel, up $2.27 for the day.

Hospital adapts to state's aging population

Alaska Regional Hospital recently completed construction of an endovascular neuroradiology suite in its radiology department. It is 600 square feet and offers alternatives to brain surgery for treatment of aneurysm and stroke.

GCI reports jump in quarterly profit

Anchorage telecom company GCI reported preliminary first-quarter profits of $2.7 million, up 48 percent from the same three months of last year.

Court rebuffs BP plea deal over Texas blast

HOUSTON — Federal prosecutors violated the rights of victims of a deadly 2005 explosion at a BP plant when they didn’t consult them about a plea agreement to settle criminal conduct in connection with the blast, a federal appeals court has ruled.

Strange carpet store names can floor you

In Anchorage and a thousand towns across America, there's a certain niche in local advertising where jingles are king and gimmicks never die.

Inside Alaska business

Alaska business news in brief

Thursday's oil, gas, gold, zinc prices

The price of North Slope oil sold on West Coast open markets reached a record high for the third straight day, closing Thursday at $123.69 a barrel, up 16 cents for the day.

$2 billion hidden from taxes

When the Pentagon announced that an obscure California company partly owned by an Alaska Native corporation had won a lucrative military contract, no one mentioned any plans for a Caribbean outpost -- a tropical shell the company quickly created that allowed it to duck millions in taxes and deflect U.S. lawsuits.

WHAT WORKS IN AK? PART 4 OF 4

Doing business in rural Alaska can be very risky

To a first-time visitor arriving by floatplane, the Southeast community of Thorne Bay seems more an idyllic getaway than a former timber capital.

If you're considering starting a business, here are some tips