Business

  • BP is cutting 4,000 jobs worldwide and some of those reductions will be in Alaska. An intra-company email obtained by the Alaska Journal of Commerce sent to BP Alaska employees Jan. 12 states that the company plans to reduce its total in state workforce by 13 percent. All employees should know their...

    Thu, 01/14/2016 - 9:57am
  • Forming a local option zone may soon be easier for residents who want more control over what businesses can move into their neighborhoods. Local option zones are areas in which the majority of residents have control over what businesses can be established there. The code was last revised about 15 ye...

    Thu, 01/14/2016 - 9:52am
  • With less than two months before the state will accept marijuana business applications, the Kenai Peninsula Borough’s Marijuana Task Force is still debating whether to set additional restrictions. The task force has not yet reached a set of recommendations for the borough assembly. Several members...

    Thu, 01/14/2016 - 9:50am
  • Standard & Poor’s Jan. 5 downgrade of Alaska’s credit ratings, which caught many state leaders by surprise, was triggered by upcoming bond sales, according to an analyst from the ratings agency. Gabe Petek, Standard & Poor’s primary Alaska analyst, said in an interview that the agency ...

    Thu, 01/14/2016 - 9:50am
  • JUNEAU (AP) — Alaska’s minimum wage increased by a dollar an hour, to $9.75, as of Jan. 1. The state labor department estimated 12,000 jobs in Alaska paid less than that before the change. For those working full-time at minimum wage, the department says the increase will mean about $2,000 in add...

    Thu, 01/07/2016 - 9:34am
  • Anna Frost has joined the Homer News staff as a reporter and photographer.  Frost moved to Homer from Whittier, Calif., where she studied journalism with an emphasis in writing and publishing at Biola University. She completed her major courses in December and, with only a few general education...

    Thu, 01/07/2016 - 9:34am
  • Despite the scanty state spending expected in 2016, this year’s state capital budget may provide funding for long-deferred upgrades to Kenai’s wastewater treatment plant. Built in 1981, Kenai’s wastewater plant discharges into Cook Inlet from an outlet in the Kenai beach mudflats. The ammonia ...

    Thu, 01/07/2016 - 9:32am
  • JUNEAU — The president and CEO of the Alaska Aerospace Corp. said Monday that the board of the state-owned corporation has recommended it pursue becoming a private company. Craig Campbell said the recommendation has been delivered to Gov. Bill Walker, who has not yet said how he would like to proc...

    Thu, 01/07/2016 - 9:31am
  • With the Alaska legislative session beginning Jan. 19, many residents are holding their breath to see how legislators will address the budget concerns. About a third of Alaskans wants the governor and Legislature to address the economy, and another third are looking for discussion on the budget and ...

    Thu, 01/07/2016 - 9:30am
  • Those cushy state jobs are going to be a little harder to come by after Gov. Bill Walker’s administration instituted a state hiring freeze and travel restrictions Jan. 5 for all executive branch departments. Walker said during a press briefing that measures mostly already in place to restrict hiri...

    Thu, 01/07/2016 - 9:29am

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Lupin bloom at the head of the bay

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