Business

First National Bank Alaska's quarterly profit rises 18%, and shareholders get $8 a share

First National Bank Alaska earned $25.2 million last quarter, up 18% from a year ago. Shareholders get $8 a share in December, half of it a special dividend.

by Walter AlaskaNews3d ago2 min readFrom Nov 4

Tax expense turns Alaska Air Group's pretax profit into a $147 million loss

Alaska Air Group made $18M before taxes last quarter, then a tax charge tied to its new loss forecast turned it into a $147M loss. Fuel prices drove the switch.

by Melinda Communities.News6d ago3 min read

Alaska Air Group cuts about 200 jobs as it seeks $100 million in 2027 savings

Alaska Air Group, losing money on fuel costs, is cutting about 200 jobs and some contractor spending, hoping to save $100 million next year.

by Melinda Communities.News6d ago2 min read

NOAA removes remaining funds from two Juneau contracts as they near closeout

NOAA is wrapping up a Juneau air charter contract that flew people and supplies to its research station in one of North America's rainiest places.

by Melinda Communities.News6d ago2 min read

St. Paul Island's new gas station is open 24/7 but no longer takes cash or checks

St. Paul Island's gas station went from five hours on weekday afternoons to open 24/7 on Tuesday. But the new pumps take only debit and credit cards.

by Alaska News1w ago2 min read

Border Patrol adds $1.9 million to Anchorage company's transportation and guard order

CBP added $1.9M to an Anchorage firm's contract, the largest of 28 federal actions for Alaska firms in four days. • Arlluk, Ahtna and Coho each saw additions over $750,000. • Other actions trimmed small orders in Ketchikan and for a VA waste contract.

by Melinda Communities.News1w ago2 min read

Alaska Railroad seeks outside IT help, including industrial control system security

The Alaska Railroad wants tech firms on call for eight IT areas, cybersecurity for industrial controls included. Bids due Dec. 9; emailed ones won't count.

by Melinda Communities.News1w ago2 min read

Anchorage-based Koniag company does cybersecurity work for nuclear weapons agency

A Koniag company in Anchorage does cybersecurity work for the agency that maintains America's nuclear weapons. The feds just added another $4.7 million.

by Melinda Communities.News1w ago2 min read

Fewer boats came through Kodiak's city shipyard this year, and its operator lost money

Kodiak's shipyard operator says fishermen are putting off maintenance. It serviced 40 boats this year, down from 54, and lost $29,000 running the yard.

by Bill AlaskaNews2w ago2 min read

Postal Service seeks a contractor to deliver mail to 741 Wasilla boxes through 2030

USPS is seeking a contractor to deliver mail to 741 Wasilla mailboxes from Dec. 14 through Sept. 30, 2030. Bids are due Nov. 9, with the route growing from 650 boxes and one vehicle since 2021.

by Maggie AlaskaNews2w ago1 min read

Shareholders sign off on Northrim's purchase of Oregon bank, its first move outside Alaska

Shareholders of both banks signed off on Northrim buying an Oregon bank Oct. 20. Now four regulators get a say before Northrim plants its flag outside Alaska.

by Walter AlaskaNews2w ago2 min read

Follows: Northrim takes $8.8 million hit on one customer days before vote on Oregon bank deal

Company behind the North Slope's winter village trail names two Deadhorse managers

The company that builds the snow road to the North Slope's roadless villages named two Deadhorse shop managers. One has hauled freight down that trail.

by Alaska News3w ago1 min read

Chugach, the Alaska Chamber's business of the year, has bought five Alaska firms since 2024

Chugach, which bought Cordova's Copper River Fleece this summer, won the Alaska Chamber's big-business award. It has bought five Alaska firms since 2024.

by Melinda Communities.News3w ago2 min read

YWCA Alaska names Chugach Commercial Holdings president Gwen Welch a Woman of Achievement

YWCA Alaska named Gwen Welch, president of Chugach Commercial Holdings, a 2026 Woman of Achievement.

by Melinda Communities.News3w ago1 min read

First National Bank Alaska switches to new online banking; customers must update app

First National Bank Alaska switched to a new online banking system Monday. Customers need to update the app, redo alerts and reconnect Quicken. Homework time.

by Walter AlaskaNews3w ago2 min read

Darren Franz to succeed Betsy Lawer as First National Bank Alaska CEO in January

First National Bank Alaska picked Darren Franz to replace Betsy Lawer as CEO in January. Lawer stays as executive chair after growing the bank to $5.1 billion.

by Walter AlaskaNews3w ago1 min readFrom Oct 7

Cordova tribe's company gets $2.1 million NIH order for population health statistics

A company owned by the tribe in Cordova will crunch numbers for an NIH division that studies pregnancy and child health, under a $2.1 million order.

by Melinda Communities.News3w ago2 min read

Northrim takes $8.8 million hit on one customer days before vote on Oregon bank deal

One customer cost Northrim $8.8 million and a chunk of its third quarter, and the news landed days before shareholders vote on buying an Oregon bank.

by Walter AlaskaNews3w ago2 min read

Follows: Northrim shareholders vote Oct. 20 on buying Oregon bank, its first expansion outside Alaska

Chugach could build Milrem's unmanned military vehicles in the US under a new agreement

hugach could start building military robots in the U.S. for an Estonia-based maker. So far it's a memorandum, with no site, timeline or price tag.

by Melinda Communities.News1mo ago2 min read

Federal probation seeks polygraph examiner for Anchorage sex offense supervision

Yes, federal probation still uses polygraphs. The Anchorage office wants an examiner to help supervise people convicted of sex offenses. Proposals due Nov. 5.

by Walter AlaskaNews1mo ago2 min read

Sitka Assembly to decide whether to extend Arctic Blue Waters' bulk water export deal

Arctic Blue Waters has a 2021 deal to buy Sitka's water for export. Five years in, the Assembly decides Tuesday whether to give the company more time.

by Walter AlaskaNews1mo ago1 min read

Federal records list a $1.1 million State Department staffing order under two Juneau-based firms

The State Department listed a $1.14 million staff support order under both CP Marine LLC and HunaTek System Solutions, two Juneau firms, without saying which entry is correct.

by Walter AlaskaNews1mo ago2 min read

Crowley Alaska recruits mechanics and drivers Thursday at Mat-Su Job Center

Crowley is hiring mechanics and line drivers in Palmer, with $3,500 sign-on bonuses. Recruiters are at the Mat-Su Job Center Thursday afternoon.

by Walter AlaskaNews1mo ago1 min read

Juneau's Discover Eaglecrest Day tops $51,000 in sales, up from $5,900

Juneau's Discover Eaglecrest Day raised more than $51,000 on Saturday, up from $5,900 last year, as the city-owned ski area works through a budget gap.

by Walter AlaskaNews1mo ago2 min readFrom Oct 1

Northrim shareholders vote Oct. 20 on buying Oregon bank, its first expansion outside Alaska

Northrim shareholders vote Oct. 20 on buying an Oregon bank, which would give the Anchorage bank its first branches outside Alaska. Not voting counts as a no.

by Walter AlaskaNews1mo ago2 min readFrom Sep 17

Follows: Northrim's Oregon deal is on the record. The approvals are not.

Anchorage joint venture wins $4.7M Chicago facilities management deal

An Anchorage joint venture won a $4.7 million federal contract to manage a Chicago Social Security building, one of 37 awards the partnership has landed since October 2025.

by Melinda Communities.News1mo ago2 min read

Anchorage's Koman firms win $37.6 million in Border Protection contracts

Two Anchorage companies owned by Natives of Kodiak Inc. won $37.6 million in Border Protection contracts for plant eradication and kennel facility work.

by Maggie AlaskaNews1mo ago1 min readFrom Sep 29

FBI renews $1.37 million visitor-management software order with Anchorage-based company

The FBI is paying an Anchorage-based, tribally owned company $1.37 million to renew the software it uses to manage visitors at its facilities.

by Melinda Communities.News1mo ago2 min read

Fairbanks job fair Thursday: retail, grocery, restaurant and bank employers

Fifteen employers including Fred Meyer, Walmart, and McDonald's are hiring at the Fairbanks Job Center on Thursday from 11 am to 3 pm.

by Walter AlaskaNews1mo ago1 min read

Payless would pay more than $500,000 over document fees under proposed settlement

More than 5,000 Alaskans paid a $499 fee that was not in the online price. They are getting $100 back, and the state says that is on purpose.

by Walter AlaskaNews1mo ago2 min read

State job fair brings 15 employers to Fairbanks Sept. 24

A state job fair runs from 11 a.m. to 3 p.m. Sept. 24 at the Fairbanks Job Center, with 15 employers listed.

by Walter AlaskaNews1mo ago1 min read

Alaska's unemployment count fell in August as the labor force shrank

Alaska had 900 fewer jobs in August than a year ago, as 1,300 lost federal positions outweighed private-sector hiring. The rate fell anyway.

by Melinda Communities.News1mo ago1 min read

Alaska counts 900 fewer jobs in August as federal payrolls shed 1,300

Alaska lost 900 jobs in the year to August, with 800 private-sector gains offset by 1,700 public-sector losses, 1,300 of them federal. The federal shortfall has narrowed from 1,900 in April and has held at 1,300 since June. Unemployment was 4.3 percent.

by Walter AlaskaNews1mo ago2 min read

An Anchorage firm will run Job Corps in the South Bronx and Brooklyn

The Labor Department tried to shut down Job Corps last year and lost in court. Now it's signing new contracts, and an Anchorage firm got two in New York City.

by Melinda Communities.News1mo ago2 min read

A hiring fair comes to the Fairbanks Job Center on Thursday

Job seekers can meet retail, grocery, restaurant and banking employers at a hiring fair Thursday at the Fairbanks Job Center, 11 am to 3 pm.

by Walter AlaskaNews1mo ago1 min read

Afognak Native Corporation buys majority stake in Weaver Bros. trucking companies

Weaver Bros. has hauled freight in Alaska since 1946. Its new majority owner is a Kodiak village corporation whose people lost their village in 1964.

by Bill AlaskaNews1mo ago2 min readFrom Sep 11

A Wainwright corporation will sweep Energy Department offices for bugs

A Wainwright village corporation's subsidiary will sweep Energy Department offices for hidden microphones and cameras, under a $2.35 million contract.

by Melinda Communities.News1mo ago1 min read

Native corporations keep 8(a) status as individuals face a new test

Alaska Native corporations keep their place in the federal 8(a) contracting program under a new rule, but individual Native applicants now face a tougher test.

by Walter AlaskaNews1mo ago3 min readFrom Aug 11

Koniag subsidiaries now staff federal offices in Virginia and Oklahoma

Koniag subsidiaries are staffing federal back offices in Virginia and Oklahoma, including the office that processes Native patients' outside medical bills.

by Walter AlaskaNews2mo ago2 min read

Koniag subsidiaries won $58.6 million to run IT for the agency that runs 8(a)

Three Koniag subsidiaries won $58.6 million in two days to run IT for the SBA through the SBA's own preference program. Nobody else bid.

by Melinda Communities.News2mo ago2 min read