Business

  • An Alaska lawmaker wants to eliminate the program that provides tax credits for films produced in Alaska. However, the bill, from Sen. Bill Stoltze, R-Chugiak, would not get rid of the state film production office. The state’s film production tax credit program was created in 2008. It allowed film...

    Wed, 02/25/2015 - 12:07pm
  • The Alaska Department of Natural Resources has kicked off a short, 15-day comment period for people to weigh in on the proposed Chuitna coal mine across Cook Inlet that would result in a strip mine through the Chuitna watershed. The mine is being proposed by PacRim, a Delaware corpo...

    Wed, 02/25/2015 - 12:06pm
  • JUNEAU — Major transportation projects are being put on hold, or remain in limbo, as the state of Alaska deals with the fallout of declining oil prices and the changing priorities of a new administration. But other projects, such as the recent $25 million Brotherhood Bridge replacement project in ...

    Wed, 02/25/2015 - 12:06pm
  • BlueCrest Energy plans to resume drilling at the Cosmopolitan oil and gas deposit near Anchor Point this summer, BlueCrest CEO Benjamin Johnson said. The company, based in Fort Worth, Texas, has signed a Memorandum of Terms with WesPac Midstream LLC to help finance development of gas resources at Co...

    Wed, 02/25/2015 - 12:04pm
  • State geologists have increased the amount of natural gas they believe can be economically produced from known fields in Cook Inlet.  In a recent study, the state Division of Oil and Gas concluded there may be 440 billion cubic feet more gas in the inlet’s gas fields than previously estimated...

    Wed, 02/25/2015 - 12:04pm
  • JUNEAU — Alaska’s minimum wage increased to $8.75 an hour Tuesday, giving a pay increase to thousands of workers. Voters in November overwhelmingly approved raising the minimum wage from $7.75 per hour to $8.75 per hour, effective Jan. 1. Because the state constitution calls for ballot measures ...

    Wed, 02/25/2015 - 12:03pm
  • Gov. Bill Walker’s shakeup of the Alaska Board of Fisheries is off to a rough start.  Montana Fish, Wildlife, and Parks is currently investigating Roland Maw — nominated by Walker to a seat on the board to replace former chair Karl Johnstone — over holding resident licenses in Montana whi...

    Wed, 02/25/2015 - 12:01pm
  • Anchorage — Alaska USA Mortgage Company Assistant Vice President Rhonda Johnson has earned the Excellence in Profession award from the Soldotna Chamber of Commerce. Each year, the Excellence in Profession award is presented to an individual who has attained and personified the highest level of exc...

    Wed, 02/18/2015 - 2:11pm
  • ANCHORAGE — KTUU-TV and Piksik LLC have announced the formation of a joint venture, dubbed Alaska Media House LLC, or AMH. The new venture will develop and produce Alaska-based television content for national and international distribution. ...

    Wed, 02/18/2015 - 2:10pm
  • If the Alaska Department of Fish and Game’s preseason forecast for the early run of chinook salmon on the Kenai River proves to be accurate, it will be the second lowest run on the river in 30 years. However, the newly released run forecast of 5,265 fish is more than twice the 2014 forecast for th...

    Wed, 02/18/2015 - 2:09pm

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