Economy & Business
RSSAlaska News covers state economic issues including cannabis banking, state dividends, and business development opportunities.
Left lane closed near New Seward Hwy mile 117, set to end 4:10 p.m.
The left northbound lane of New Seward Highway near mile 117 is closed for maintenance until 4:10 p.m. Tuesday.
by Walter AlaskaNews46m ago1 min read
Tractor trailer closes Dalton Highway at mile 320
A tractor trailer is blocking the Dalton Highway at mile 320 in both directions, with closure expected to last until 9:39 p.m. Tuesday, September 29.
by Walter AlaskaNews47m ago2 min read
Atka IRA Council gets $548,271 federal grant to build four greenhouses in the Aleutian village
Atka, a roadless Aleutian village of about 60, will build four greenhouses with a $548,271 federal grant to grow fresh produce closer to home.
by Maggie AlaskaNews3h ago2 min read
Court-ordered review models what a large Donlin Gold dam failure would do downstream
A court-ordered review modeled what a Donlin Gold dam failure would do downstream. The Corps calls any failure extremely unlikely; the worst cases are severe.
by Walter AlaskaNews3h ago4 min read
State raises minimum bids to $35 an acre in annual North Slope and Beaufort Sea oil and gas lease sales
The state's yearly North Slope lease sale is back with a pricier entry fee: minimum bids rise from $25 to $35 an acre. Results come out Nov. 18.
by Maggie AlaskaNews4h ago3 min read
Federal grant puts $1.3 million toward Healy walking and biking path
Healy will build a separated walking and biking path connecting the school and neighborhoods, funded by a $1.3 million federal grant with construction now planned for 2027.
by Walter AlaskaNews6h ago1 min read
Fairbanks-area plan projects draw $13 million in federal highway obligations
Fairbanks and North Pole projects drew about $13 million in federal highway obligations in six weeks. When any of it gets built is a separate question.
by Walter AlaskaNews8h ago1 min read
Regulators cut Chugach's Beluga River gas price after Chugach asked for an increase
Chugach asked regulators to nudge its Beluga River gas price up a penny. After staff found errors, regulators cut it by 39 cents instead, starting Thursday.
by Walter AlaskaNews9h ago2 min read
Mat-Su Assembly member moves to reconsider the pricier Engstrom-Trunk road route
The Mat-Su Assembly picked the pricier northern route for the Engstrom-Trunk road 4-3. Now Maxwell Sumner wants a do-over, and it's on the Oct. 6 agenda.
by Walter AlaskaNews13h ago2 min read
Kuskokwim Corporation hosts first Evening with an Elder on Zoom Oct. 1
The Kuskokwim Corporation hosts its first Evening with an Elder on Zoom Oct. 1, with Jennie Zaukar and Ann Fienup-Riordan, as it marks 50 years.
by Maggie AlaskaNews13h ago1 min read
Federal records show $142 million in highway grants for four Sterling Highway projects
Federal records show $142 million in grants for four Sterling Highway jobs, mostly the Cooper Landing bypass, which still has a bridge and years of work to go.
by Walter AlaskaNews14h ago2 min read
Juneau and Anchorage youth shelters get $650,000 in federal grants for runaway and homeless youth
Youth shelters in Juneau and Anchorage are getting $650,000 in new federal grants to give runaway and homeless kids a safe place to stay and help getting home.
by Maggie AlaskaNews14h ago2 min read
Seward shuttle operator warns rising costs could end free service
Seward's free shuttle operator warned the City Council that rising labor and vehicle costs could make the service too expensive to continue when the contract comes up for renewal.
by Walter AlaskaNews16h ago2 min read
Seward council approves $11.8 million in shore power contracts for cruise dock
Seward approved nearly $12 million for a giant battery and dock design so plugged-in cruise ships don't dim the lights in town. The EPA grant is paying.
by Walter AlaskaNews16h ago2 min read
Wasilla sets Oct. 12 hearing on airport master plan that recommends higher lease rates
Wasilla airport leases have cost 6 cents a square foot for decades. A new 20-year master plan says that should go up. The public hearing is Oct. 12.
by Walter AlaskaNews17h ago2 min read
Report says 37% of Alaska households couldn't cover basic costs, with rural areas hit hardest
By one group's measure, 37% of Alaska households couldn't cover basic costs in 2024, and a two-income family with two small kids came up nearly $12,000 short.
by Walter AlaskaNews17h ago3 min read
Seward survey respondents favor a local cooperative to run the city's electric utility
Most Seward survey takers want a local co-op to run the city's electric utility. The math hinges on a hydro project Chugach Electric also wants.
by Melinda Communities.News18h ago3 min read
Coast Guard orders $315 million fuel pier and cutter berths at Base Kodiak
The Coast Guard has now ordered about $458 million in new work at Base Kodiak this year, led by a $315 million fuel pier and berths for its biggest cutters.
by Walter AlaskaNews19h ago2 min read
North Slope crude runs $15 above Alaska's spring forecast, budget group says
Alaska North Slope crude is averaging $90 a barrel, $15 above the spring forecast, potentially adding nearly $1 billion to state revenue this year if prices hold.
by Walter AlaskaNews19h ago2 min read
Ketchikan Indian Community gets $900,000 to revive its fleet for subsistence trips, training and charters
Ketchikan Indian Community is putting 23 boats back to work with a $900,000 federal grant: elder-led subsistence trips, youth training and halibut charters.
by Maggie AlaskaNews15h ago2 min read
Petersburg Medical Center weighs $10 million apartment building to house its staff
Petersburg Medical Center needs somewhere for its staff to live. A 20-unit apartment building would do it, at about $500,000 a unit. The board is thinking.
by Walter AlaskaNews1d ago2 min read
Kodiak holds off on selling historic Griffin Memorial Hospital as museums seek a lease
Kodiak's 1938 Griffin Memorial Hospital has two suitors: a church that wants to buy it and two museums that want to lease it. The city isn't selling, for now.
by Walter AlaskaNews1d ago1 min read
Anchorage contractor gets $7.5 million Border Patrol order for transportation and guard services
Anchorage-based Trailboss Enterprises has a new $7.5 million Border Patrol order. Its immigration transport work for ICE and CBP has mostly been in Texas.
by Melinda Communities.News1d ago2 min read
State labor agency holds public refresher on collective bargaining Tuesday
Ever wonder how public workers' contracts get made? A management guy and a union guy walk through it Tuesday at a state session in Anchorage and on Zoom.
by Walter AlaskaNews1d ago1 min read
A year after Typhoon Halong, western Alaskans can still get job, training and winterization help
People still recovering from Typhoon Halong can get job training, winterization help and FEMA-paid flights. Disaster unemployment benefits have closed.
by Walter AlaskaNews1d ago2 min read
Lincoln Street in downtown Sitka to close Oct. 5 to 15 for water line work
Part of Lincoln Street by St. Michael's Cathedral closes Oct. 5 to 15 for a new water line. Sitka's downtown gets a detour, and everyone gets a longer walk.
by Walter AlaskaNews1d ago1 min read
Anchorage airport passenger traffic grows 9% as Fairbanks holds steady, state report says
Anchorage's airport saw about 9% more travelers in the first half of 2026, and more cargo too. Fairbanks held steady right where it was last year.
by Walter AlaskaNews1d ago2 min read
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.News1d ago2 min read
Whittier Tunnel to close Saturday for USS Ted Stevens commissioning; guests must ride bus or train
The Navy is commissioning a destroyer in Whittier on Saturday, and the tunnel's closed to cars. Guests ride buses from Anchorage. The train's already full.
by Walter AlaskaNews1d ago3 min read
Judge upholds permit for Contango's Johnson Tract road after company finished building it
A judge upheld the permit for Contango's road and bridges at the Johnson Tract in Lake Clark. By then, the company had already finished building them.
by Walter AlaskaNewsadded 23h ago2 min read
Wasilla pot shop near Knik Charter School surrenders its state license
The Wasilla-area pot shop 530 feet from Knik Charter School lost in court and now has no state license. Its name has moved to a store on Spenard Road.
by Walter AlaskaNews2d ago2 min read
Kenai Peninsula two-bedroom rents post record 11% jump in state survey
Kenai Peninsula two-bedroom rent jumped 11% this spring to $1,336, a borough record. Most of Alaska saw closer to 2.6%, and only Mat-Su rose faster.
by Walter AlaskaNewsadded 1d ago2 min read
Juneau two-bedroom rents rise 2.8%, but one-bedroom rents climb faster
Juneau's typical two-bedroom rent rose just 2.8% this spring, to $1,708. One-bedrooms were another story, up about 13% in the state's survey.
by Walter AlaskaNewsadded 1d ago2 min read
Regulators fix math errors in AVEC power subsidy, raising credits in most villages
State regulators found math errors in AVEC's rural power credits. The fix raises the credit in 44 of 46 village power systems and lowers it in two.
by Walter AlaskaNewsadded 1d ago3 min read
Coast Guard awards $36.4 million to repair industrial facility at Base Ketchikan
The Coast Guard is spending $36.4 million to repair a building at Base Ketchikan, the borough's biggest federal contract this year by a wide margin.
by Walter AlaskaNews2d ago2 min read
HUD raises upfront fee on Section 184 home loans for Native borrowers starting Oct. 1
Native American and Alaska Native families using HUD's Section 184 home loans pay a 1.5% upfront fee starting Oct. 1, up from 1%. That's $1,500 on $300,000.
by Walter AlaskaNews2d ago2 min read
House passes water bill naming Alaska harbor, flood and water projects; Senate still has to act
The House passed a water bill naming Kodiak's harbor, Juneau's glacial floods and Sitka water money. None of it counts until the Senate agrees.
by Walter AlaskaNewsadded 2d ago2 min read
Homer Electric design fee for new hookups doubles to $1,000 Tuesday
Want power at your new place on the Kenai? Homer Electric's design fee doubles to $1,000 Tuesday, and three-phase hookups lose $3,000 in help.
by Walter AlaskaNewsadded 2d ago2 min read
State puts $4.2 million toward housing for teachers and other professionals in rural Alaska
Rural Alaska keeps losing teachers to a lack of decent housing. The state has $4.2 million to build more, for communities that signed up by August.
by Maggie AlaskaNews3d ago3 min read
Aniak's Bush-Tell has drawn more than $12 million in federal support to serve river villages
An Aniak phone company has drawn more than $12 million in federal support to keep calls and internet running in villages along the Kuskokwim and Yukon.
by Melinda Communities.News3d ago2 min read
