Anchorage Assembly approves over $200K in funding to address issues at large homeless camps
Sept. 6 By Steve Kirch The Anchorage Assembly is authorizing the use of more than $200,000 to address the crime and public health issues associated with large homeless camps throughout Anchorage, specifically ones in North Anchorage and Midtown. The $220,000 in funding was approved unanimously…
Exclusive-Shell, Trinidad Weigh Venezuela’s Natural Gas Investment Demands
Sept. 5 By Curtis Williams and Marianna Parraga Shell and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run oil firm for its $1 billion investment in a gas field the three want to jointly develop, four people close…
State of Alaska files motion against feds over control of fishery management
Sept. 4 By Steve Kirch Gov. Mike Dunleavy made it clear at a press conference on Friday just how crucial a motion filed by the State of Alaska is for the future of fisheries conservation in Alaska. Dunleavy, along with Alaska Attorney General Treg Taylor…
Raimondo Warns China Patience of US Business Is ‘Wearing Thin’
Sept. 3 By Diane Bartz and Phil Stewart U.S. Commerce Secretary Gina Raimondo warned China in interviews broadcast on Sunday that the patience of U.S. business was “wearing thin,” saying American companies deserved a “predictable environment and a level playing field.” The two biggest economies…
Alaska’s oil and gas expected to be huge economic driver over next 5 years
Sept. 2 By Lex Yelverton Wednesday kicked off the seventh annual Alaska Oil and Gas Association conference at the Dena’ina Center, centered on a theme of ‘bringing it home.’ The industry event includes a lineup of speakers and vendors all interested in the future of…
US Entertainment Shares Slide as Disney, Charter Squabble Over Cable Fees
Sept. 1 By Chibuike Oguh and Bansari Mayur Kamdar Shares of several U.S. entertainment companies including Fox Corp and Warner Brothers Discovery Inc were dragged down on Friday by a dispute between media heavyweight Disney and cable provider Charter Communications over television distribution fees. Disney…
Alaska’s largest solar farm to go online in coming days
Aug. 30 By Carly Schreck It’s been just over a year since Gov. Mike Dunleavy and project leaders broke ground on what is now the largest solar farm in the state of Alaska. The Houston Solar Farm stretches 45 acres off Hawk Lane near the…
3M’s $10.3 Billion PFAS Settlement Gets Preliminary Approval
Aug. 29 By Clark Mindock 3M on Tuesday secured preliminary approval for a $10.3 billion deal resolving claims by U.S. public water providers that the company polluted drinking water with toxic chemicals, less than a day after a group of 22 U.S. states and…
Eastern Economic Forum: new opportunities for business
Aug. 28 By Julia O’Malley The continued attempts to destroy the Russian economy have in fact had serious consequences for the United States and other countries. Growing public debt and unemployment, rising energy and other commodity prices, and the foreseeable recession by 2024, all…
US Commerce Chief Seeks Trade, Tourism Boost in China Talks
Aug. 27 By David Shepardson U.S. Commerce Secretary Gina Raimondo arrived in Beijing late on Sunday for a four-day visit aimed at boosting business ties between the world’s two largest economies while declaring American national security trade measures off-limits for debate. “If you wanted to…
County of Maui Sues Hawaiian Electric for Negligence Leading to Fires
Aug. 26 By Arshreet Singh The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut down its equipment despite warnings hurricane winds could knock power lines down, sparking wildfires. The county said downed power…
New employment stats show Alaska trending above average nationwide
Aug. 25 By Joey Klecka New data from the U.S. Department of Labor shows Alaska’s job numbers are generally trending higher than the national average in many categories. The U.S. Bureau of Labor Statistics released a report Wednesday that the job openings rate in Alaska…