Economy & Business
RSSAlaska News covers state economic issues including cannabis banking, state dividends, and business development opportunities.
Texas firm wins $48,950 contract to patch pavement at Kenai refuge
The Kenai National Wildlife Refuge is patching pavement and sealing cracks this fall under a $48,950 contract, running from mid-August through mid-October.
by Maggie AlaskaNews3w ago1 min readAI
State moves to sell a second contractor gravel from one Dalton Highway pit
Alaska is preparing to sell Cruz Construction 7,500 cubic yards of gravel from a Dalton Highway pit it offered another company in July.
by Maggie AlaskaNews3w ago1 min readAI
Wainwright's fuel tank ran dry and the airlift is weathered in
Wainwright's fuel day tank ran empty Monday morning. An airlift of 80 drums sits loaded in Anchorage, waiting on a safe weather window north.
by Walter AlaskaNews3w ago2 min read
Alaska's mobile service through 2034 gets locked in next week
Alaska's mobile carriers must lock in coverage and speed commitments running through 2034 by Sept. 1, based on maps frozen at the end of 2024.
by Walter AlaskaNews3w ago1 min readAI
A small Alutiiq village corporation near Kodiak has built a $200 million federal business
A company owned by Ouzinkie, an Alutiiq village corporation near Kodiak, has built a federal business topping $200 million, its biggest presence in Florida.
by Walter AlaskaNews3w ago1 min readAI
NovaGold moves to consolidate the Donlin gold project, a potential next Red Dog for Alaska Native corporations
NovaGold has agreed to consolidate Donlin, a potential next Red Dog for Alaska Native corporations, though tribes oppose it and financing remains unresolved.
by Walter AlaskaNewsadded 3w ago4 min readAI
Alaska ranks 45th in federal dollars and 8th per person
Alaska has drawn $15.39 billion in federal awards this year, 45th by total and 8th per capita. Neither ranking says how much stayed in Alaska.
by Walter AlaskaNews4w ago1 min readAI
Drones are dropping chaff over Nenana to try to stop lightning
A Vancouver startup is dropping metallic chaff from drones over Nenana to try to stop lightning before it starts wildfires. The flights run through Sept. 30.
by Melinda Communities.News4w ago3 min readAI
A Bering Strait Native corporation will staff anti-trafficking work for the State Department
A Bering Straits Native Corporation subsidiary won a State Department contract to staff anti-trafficking work, supporting its 8,200+ Native shareholders.
by Melinda Communities.News4w ago1 min readAI
A Goldbelt subsidiary picks up another sole-source federal IT order, worth up to $1.3 million
A Juneau Native corporation's subsidiary won a contract to run IT for the U.S. Transportation Secretary's office, with the money flowing home to shareholders.
by Melinda Communities.News4w ago2 min readAI
Bethel commission recommends $2 taxi fare increase, with $1 elder discount
Bethel's Public Safety and Transportation Commission voted unanimously to raise taxi fares by $2 per trip, with a $1 discount for elders, but the City Council has not yet acted on the recommendation.
by Walter AlaskaNews4w ago1 min readAI
A Kodiak landscaper won $19,500 to resurface the base softball field
Five companies bid for the job of filling in the low spots in the Coast Guard's softball outfield in Kodiak. The winner gets 30 days and $19,500.
by Melinda Communities.News4w ago1 min readAI
A proposed rule would presume national forest roads and trails are open unless the Forest Service documents a reason to close them
A proposed rule would presume national forest roads and trails, including in Alaska, are open unless the Forest Service documents a reason to close them.
by Maggie AlaskaNews4w ago2 min readAI
Enstar tells legislators it's 18 days short of gas for winter
Enstar told legislators it's 18 days, about 3 Bcf, short of gas for a normal winter after two supplies fell through, with deals underway still leaving a gap.
by Walter AlaskaNews4w ago3 min readAI
Juneau's charter operators could see their per-passenger fee more than triple, as the harbor fund runs low
Juneau's charter operators could see their per-passenger fee jump from $2.05 to $7.50, as the harbor fund hits a record low amid major expansion costs.
by Walter AlaskaNews4w ago2 min readAI
Tlingit & Haida moves to expand its printing business into a historic Juneau building
Tlingit & Haida is seeking up to $375,000 to expand its tribally owned printing business and move it into a historic Juneau building it recently bought.
by Maggie AlaskaNewsadded 4w ago1 min readAI
Hilcorp wants to dig a 95-acre gravel pit near the Putuligayuk River
Hilcorp wants to dig a 95-acre gravel pit near the Putuligayuk River on the North Slope. Two-thirds of it would be permanent. Comment closes Sept. 4.
by Bill AlaskaNewsadded 4w ago2 min readAI
A new casino has opened on North Douglas, as a cruise dock nearby prepares to bring more ships
Tlingit & Haida has opened Two Coppers Casino, a Class II gaming hall on North Douglas, as nearby cruise docks prepare to bring more ships, with both set for a Douglas Advisory Board briefing.
by Walter AlaskaNews4w ago1 min readAI
Three rescued after float plane crashes in forest near Bettles
Three people survived a floatplane crash near Bettles and were hoisted out overnight, after a satellite device let them relay their location to rescuers.
by Maggie AlaskaNewsadded 4w ago1 min readAI
A Copper River village corporation is fixing federal buildings in Tennessee
A company owned by 260 shareholders from a Copper River village is painting judges' chambers in Memphis and fixing a fire pump in Jackson, Tennessee.
by Melinda Communities.News4w ago2 min readAI
Golden Valley was short on reserves 94 percent of the last 250 days
Golden Valley was short on generation reserves 94% of the last 250 days, and its mix models 17 shortfalls a year against a benchmark of one per decade.
by Alaska News4w ago2 min readAI
Manley Hot Springs surcharge would nearly triple under a filing before regulators
Manley Hot Springs electric customers face a cost-of-power surcharge nearly three times higher on Sept. 1. The state credit that offsets it does not move.
by Maggie AlaskaNews4w ago2 min readAI
A $3.19 million contract will fix roads and fish passage near Ketchikan
The Forest Service is paying $3.19 million for road and culvert work near Ketchikan. Since 1998 it has fixed about 57% of the Tongass culverts inventoried.
by Melinda Communities.News4w ago2 min readAI
An Anchorage supplier shrank to six employees, and now it stocks federal Alaska
The Anchorage company filling federal orders for pens and clipboards had six employees in mid-2022. It now holds GSA and Navy work worth tens of millions.
by Walter AlaskaNewsadded 4w ago2 min readAI
The state is studying a walking path between Naknek and King Salmon
People walk the highway between Naknek and King Salmon with no separated path. The state has started studies on a $6.87 million pathway between the towns.
by Walter AlaskaNews4w ago1 min readAI
Charter plane crash at Cape Newenham radar site kills eight
Eight people died when a charter plane crashed on approach to the Cape Newenham radar site in western Alaska. Two pilots and six passengers were aboard.
by Maggie AlaskaNews1mo ago2 min readAI
Two transit funding deadlines are open for Alaska providers this fall
Alaska transit providers have until Sept. 18 to signal intent for state human services transportation grants. A separate federal program closes Oct. 19.
by Walter AlaskaNews1mo ago1 min readAI
The feds are tightening subsidies for flights to small towns, but Alaska is exempt by name
The feds are tightening flight subsidies for small towns everywhere but Alaska, which Congress exempted by name because the flights there are lifelines.
by Walter AlaskaNews1mo ago2 min readAI
FedEx is holding a walk-in hiring event in Juneau this week
FedEx holds a walk-in hiring event in Juneau Aug. 25 to 27, with courier and service agent roles paying $25 to $39 an hour.
by Walter AlaskaNews1mo ago1 min readAI
Alaska ferry system awarded more than $410 million in federal funding
Alaska's ferry system is getting more than $410 million in federal money, both to keep the boats running and to build a new vessel and upgrade terminals.
by Walter AlaskaNews1mo ago2 min readAI
Alaska's development authority again takes ANWR and Ambler to closed session
Alaska's development authority will again discuss two divisive projects — ANWR oil drilling and the Ambler mining road — in closed session this week.
by Melinda Communities.News1mo ago2 min readAI
Alaska lost 2,100 jobs in July, almost all of them government
Alaska lost 2,100 jobs in July from a year earlier, almost all of it government. Federal employment was down 1,300 and state government 1,000.
by Walter AlaskaNews1mo ago2 min readAI
Heating help is going up this winter for remote Aleut communities, after a proposed cut was reversed
Heating help is rising about 40 percent this winter for 10 Aleut communities, after their tribal organization won more state funding and reversed a cut.
by Maggie AlaskaNews1mo ago2 min readAI
Alaska State Fair plans $10 million Borealis Theatre rebuild
The Alaska State Fair is rebuilding its Borealis Theatre, growing the concert venue from 5,200 to 6,500 with a bigger stage, better sound and a steeper lawn.
by Walter AlaskaNews1mo ago1 min readAI
Three Cook Inlet gas storage plans pending for winter demand
Cook Inlet's gas problem isn't only supply, it's winter. Alaska is weighing three plans to bank gas underground and draw it down in the cold months.
by Walter AlaskaNews1mo ago2 min readAI
Alaska tells BlueCrest to produce Cook Inlet gas by 2027 or give up the lease
Alaska ordered BlueCrest Energy to begin producing gas from its Cook Inlet lease by March 2027 or forfeit it, as the region's gas supply shrinks and the company has sat idle for years.
by Walter AlaskaNews1mo ago2 min readAI
A $400 million expansion of Bradley Lake hydro would power about 30,000 homes and cut Southcentral's gas use
A $400 million Bradley Lake hydro expansion would power about 30,000 homes and offset 1.5 billion cubic feet of gas a year, easing Southcentral's gas crunch.
by Walter AlaskaNews1mo ago2 min readAI
A $413 million cable would give Kenai and Anchorage a second power link
One transmission path links Kenai to Anchorage. A $413 million subsea cable would add a second, if AEA can raise the half that isn't federal.
by Walter AlaskaNews1mo ago2 min readAI
Peterson Avenue closes this weekend for a utility line, detour in place
Peterson Avenue near Halibut Point Road closes this weekend for a utility line across both lanes. There's no set detour, so follow the signs and flaggers.
by Bill AlaskaNews1mo ago1 min readAI
Anchorage may move a national bike route off its highways and onto the coastal trails
Anchorage may reroute a national bike route off its highways onto the Coastal and Ship Creek trails, part of a push to move cyclists onto lower-stress paths.
by Walter AlaskaNews1mo ago2 min readAI
