Economy

As local governments wrestle with economic worries, they're looking for new sources of revenue, and the tobacco tax is increasingly becoming an attractive option that's palatable to voters as well.

Jeannette Lee Falsey
A larger-than-projected drop in revenue this year for the Alaska Railroad has leadership exploring ways to strike real estate deals on railroad property and run more beer trains and other popular specialty passenger excursions.Jeannette Lee Falsey
The Alaska Industrial Development and Export Authority will keep Fairbanks Natural Gas management in place as it works toward expanding natural gas service in the Fairbanks-North Pole area. Kristen Nelson | Petroleum News
Alaska's stellar credit ratings could be in jeopardy if oil prices remain low and the state fails to act to address its financial situation, major credit ratings agency Moody's said this week. Pat Forgey
A piece of language inserted into this year's 68-page operating budget would seek to limit travel for medical care funded by Medicaid, but health officials say it's similar to what they're already doing.Pat Forgey
Technology costs, low city employee morale and a recommendation for a civil rights law to add protections for members of the gay, lesbian and transgender community were among the items compiled in a report from the new mayor's transition team.Devin Kelly
The mint-colored shack near Westchester Lagoon in Anchorage has reopened this summer as a snack-selling offspring of the Busy Beans coffee shop tucked in Government Hill.Tegan Hanlon
A 32-mile railroad line across Point MacKenzie isn't built yet and has no funding for next year, but the state has already paid more than $8 million in varying per-acre rates to nine farmers in the train's path. Zaz Hollander

The state of Alaska paid nine farmers more than $8 million to clear a path for the as-yet unfinished 32-mile railroad line slated to cross Point MacKenzie farmlands en route from the Matanuska-Susitna Borough port to the Parks Highway.

Zaz Hollander
Gridlock over who has access to the Marine Stewardship Council’s blue sustainability label appears to finally be over. The Pacific Salmon Processors Association, or PSPA, will take over the MSC clientship from the Alaska Salmon Processors Association by October. Any processor will be able to join the new group.Molly Dischner