Business

  • Homer Electric Association is instituting new fees designed to reduce the number of late and declined payments received. The new fees will not affect any HEA members who are paying their energy bill on time or those who have special arrangements. ...

    Wed, 08/07/2013 - 1:51pm
  • JUNEAU — U.S. Rep. Don Young has voted with the majority in passing legislation to reduce borrowing costs for millions of college students. The measure, which passed the House Wednesday, links student loan interest rates to financial markets. That means lower rates for most students now but higher...

    Wed, 08/07/2013 - 1:49pm
  • Alaska Air Group Inc. announced yet another quarter of profits July 25. The airline reported an adjusted net income of $105 million for the second quarter of 2013, compared to $111 million for the second quarter of 2012. That’s more than the company’s first quarter adjusted net income of $44 mil...

    Wed, 08/07/2013 - 1:49pm
  • The State of Alaska last week approved a permit to allow a Texas-based waste disposal company to store up to 10 million gallons of petroleum drilling waste at a 1.5-acre site in Nikiski’s industrial area. The Alaska Department of Environmental Conservation permit allows AIMM Technologies Inc. to c...

    Wed, 08/07/2013 - 1:47pm
  • Alaska’s financial institutions are seeing an increase in loan volume as the economy picks up. At the state’s banks and credit unions, loans are on the rise and other performance metrics also look strong. First National Bank of Alaska had about $1.28 billion in total loans for the second quarter...

    Wed, 08/07/2013 - 1:46pm
  • Icicle Seafoods crew on Tuesday unload an 88-inch halibut from the Dangerous Cape, a commercial halibut-fishing boat owned by Eric Velsko, John Velsko and Nick Downs. The boat’s catch also included a 91-inch flatfish. According to a halibut length-weight chart created by the International Pacific ...

    Wed, 08/07/2013 - 1:44pm
  • Despite a dry summer, area farmers’ fields are lush with green crops. Bob Durr’s farm in Nikolaevsk is bursting with radishes, peas, zucchinis, beets, kohlrabi, broccoli, purple and lime green cauliflower, romanesco, cucumbers, potatoes and more, mostly in rows more than 100 feet long....

    Wed, 08/07/2013 - 1:41pm
  • This is the best time of the year for visiting farms and gardens. Last weekend’s Homer Garden Club garden tours had more than 300 visitors. With everything growing, it’s hard to resist a peek....

    Wed, 08/07/2013 - 1:24pm
  • Make that one more delay for the M/V Tustumena, the 49-year-old, 296-foot vessel of the Alaska Marine Highway System that provides service between Homer, Seldovia and Kodiak Island communities. Between April and October, the Tustumena also makes stops at Chignik, Sand Point, King Cove, Cold Bay, Fal...

    Wed, 08/07/2013 - 1:22pm
  • Buccaneer Energy Limited this week announced the latest results for its Cosmopolitan well site in lower Cook Inlet off Stariski Creek. According to a July 30 press release, the jack-up rig Endeavour-Spirit of Independence has drilled into two oil zones in the Tyonek formation totaling 86 feet betwee...

    Wed, 07/31/2013 - 12:16pm

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