AD Main Menu

Economy

Black Friday, the traditional day of deals after Thanksgiving to draw shoppers out and kick off the holiday shopping season, couldn't come soon enough for some Anchorage residents.

Tara Young
Legislators are set to review a multi-year reduction in royalties recommended for Caelus Energy's Nuna project on the North Slope, which could represent a $75 million boost to the project's profitability for the company.Pat Forgey
The projected $3.1 million deficit is largely a result of overtime costs stemming from low staffing levels, officials said.Devin Kelly
ANALYSIS: An Alaska oil price of close to $70 per barrel means rock-bottom revenue for the state, and a tax rate so low that it's conceivable some new oil development projects would pay nothing in production taxes.Dermot Cole
The most recent version of Mayor Dan Sullivan's proposed budget includes a $200,000 boost to prevent cuts in People Mover service and $72,000 to increase broadband services for Anchorage Public Library.Devin Kelly
More Fairbanks homeowners are losing their homes to foreclosure, and the high price of keeping them warm may be a factor, according to long-time observers of the market.Associated Press
Opposition to a number of sales tax proposals in the Alaska community of Nome was widespread at Monday's city council meeting, with a proposal that would remove a sales tax exemption for churches and nonprofits dying on the table.Matthew F. Smith | KNOM
The last of three federal defendants who pleaded guilty this year to Clean Air Act violations  at a Dutch Harbor seafood plant -- including failing to operate emissions control systems and lying on government-required reports -- was sentenced Tuesday to three years of probation. Jerzy Shedlock
Fairbanks Natural Gas wants to sell its liquefied natural gas plant in Point MacKenzie to Hilcorp and sign a 10-year deal under which it would buy natural gas from Hilcorp for $15 per thousand cubic feet.Dermot Cole
A federal judge on Monday ruled in favor of the Pebble mine project and put a temporary halt on the U.S. Environmental Protection Agency’s efforts to protect the salmon-rich Bristol Bay watershed.Lisa Demer

Pages

Subscribe to Economy