Southern California company will take over some RavnAir service after bankruptcy auction
RavnAir was not sold in one block, but Float Shuttle purchased the core of the business.
Business/Economy
After decades, exploration resumes at gold prospect in Lake Clark National Park
Vancouver-based HighGold Mining commenced its summer drill program at the Johnson Tract inholding on the west side of Cook Inlet.
RavnAir Group begins selling planes as part of auction after filing for bankruptcy
Alaska aviation companies bought dozens of planes sold at auction by RavnAir Group, three months after the regional carrier filed for federal bankruptcy protection.
Alaska businesses received more than $1.2 billion in federal PPP loans. Here’s who they are.
The recipients include businesses across the state, large and small.
Judge halts pandemic relief funding for Alaska Native corporations pending appeal
The decision stems from lawsuits that tribes filed against the Treasury Department seeking to keep the corporations from getting a share of $8 billion that was set aside for tribes.
Pandemic’s effect on global seafood industry demand and pricing will be long-lasting, report says
Fish Factor: A report forecasts that world seafood production will be down 1.7 percent (6.6 billion pounds) and the trade value of seafood will decrease by nearly $6 billion.
Here’s what to do if you suspect your employee is lying about testing positive for COVID-19
Workplace advice: In April, the FBI warned employers to be alert for employees who submit fraudulent COVID-19 claims. Here's how employers can protect themselves and their employees.
Alaska’s last remaining big-ship cruises of 2020 have been canceled
It's estimated that this year's cancellations mean over 1 million tourists will not be visiting Alaska this summer as scheduled.
Ravn Air Group to be auctioned in closed-door event Tuesday
The minimum bid for the whole airline is $43 million.
Thousands of Alaskans returned to work in May, but jobless claims remained ‘staggering’
Alaska's valuable oil and gas industry could be in for a longer recovery than other sectors, a state report said.
Salmon fishing in Alaska off to a slow start statewide
Much of the decline is due to poor sockeye returns, particularly in the Copper River area, though other places are also seeing a slowdown.
Hilcorp takes over BP’s North Slope oil production as $5.6 billion deal advances
Hilcorp Energy replaces BP as the operator of the Prudhoe Bay oil field.
Asian shares up after Wall St. closes best quarter since 1998
Markets have continued gaining despite signs global economies are ailing seriously because of the outbreak, with uncertainty still the new normal as reported cases keep surging around the world.
With congressional action unclear, jobless Alaskans face more hardship if extra unemployment benefits expire
The $600 federal unemployment payments pumped $40 million into Alaska's economy in one week alone. They're set to end at the end of July.
In initial step, Alaska approves chunk of BP’s $5.6 billion deal with Hilcorp
The approval involves the transfer of BP Alaska's oil field interests to Hilcorp. But the deal is not fully complete.
Management dismissed my concerns that a coworker might spread COVID-19 in the office. Turns out, I was right.
Workplace advice: HR emailed us that a coworker was positive and we were told we all needed to get tested. Yesterday, one of my coworker’s fever started spiking and I’m scared stiff I’m next.
A second virus wave again threatens U.S. oil demand
The resurgence of the virus in the three states with the biggest gasoline markets threatens to take American drivers off the road and stymie a remarkable recovery for oil.
Florida-based startup wants to fly passengers to the edge of space beneath giant balloons launched from Kodiak
A company is proposing a capsule that would carry eight passengers 19 miles above the ground. The six-hour journey could cost $125,000 each.
Federal pandemic relief program expanded to include commercial fishing, but deadline looms
Fishing businesses have until June 30 to apply for the Paycheck Protection Program.
Trump administration moves to make millions more acres available for oil and gas leasing in Alaska reserve
Conservation groups decried the move, saying the plan threatens prized areas in the National Petroleum Reserve-Alaska that were previously protected.