Economy

Shell’s Arctic oil spill response system -- damaged during a deployment test in 2012 -- is undergoing drills in waters near Bellingham, Washington, with federal officials observing the exercises.Jennifer A. Dlouhy | Hearst Newspapers
Earthjustice's Holly Harris said that this time an injunction is needed because logging could begin as soon as April 1.Pat Forgey
A senator from Wasilla removed from the budget all state funding for public broadcasting Thursday, and efforts by a Juneau senator to restore some money failed.Nathaniel Herz
Alaska's path to a sustainable budget will likely have to involve some combination of cutting spending, increasing revenues and using the Permanent Fund in some way, says David Teal, the Legislature's top budget expert. Pat Forgey
The head of a prominent Alaska economic think tank wants a statewide conversation on the state's scary fiscal cliff, and lawmakers and the governor say they are ready to engage. Alex DeMarban
Faced with falling rates of shareholder participation, Alaska Native corporations are moving to avoid the possibility of annual meetings where they cannot conduct business.Jeannette Lee Falsey
A man flying his drone caused quite a stir among residents of one Eagle River neighborhood this week after police received reports that the device had been spotted following children.Sean Doogan
The House Fisheries Committee on Thursday passed a bill that would eliminate the Commercial Fisheries Entry Commission and move its duties over to the Alaska Department of Fish and Game.Zaz Hollander
The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off Alaska or risk a renewed reliance on imported oil, an Energy Department advisory council says in a study to be released Friday. Jonathan Fahey | Associated Press
Anchorage likely ended 2014 with a budget surplus between $4 million and $6 million, city officials said.Devin Kelly
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