Business

  • Five years after graduation, alumni of two Kenai Peninsula College associate of applied science degree programs rank No. 1 and No. 3 in average earnings when compared to all University of Alaska Anchorage degrees including master’s, bachelor’s and other associate degrees, according to a recently...

    Thu, 01/15/2015 - 10:56am
  • JUNEAU — Gov. Bill Walker’s administration asked for and received state transportation commissioner Patrick Kemp’s resignation Monday following Kemp’s defense of his department’s pursuit of the Juneau access road, a Walker spokeswoman said Monday. Spokeswoman Grace Jang said Walker insists...

    Thu, 01/15/2015 - 10:55am
  • Imagine your family’s biggest source of income plummeting by 80 percent in one year.  At today’s oil prices, that’s Alaska’s situation. The state’s oil and gas production tax is expected to bring the state $524 million in the current fiscal year, a shocking drop from the $2.6 billion ...

    Thu, 01/15/2015 - 10:51am
  • JUNEAU — The state is expected to pay about $100 million more in tax credits to oil and gas producers than it receives in production taxes this year amid low oil prices, Gov. Bill Walker said. In an opinion piece published in Alaska newspapers, Walker said he supports the philosophy behind tax inc...

    Thu, 01/15/2015 - 10:46am
  • The halibut crisis in the Bering Sea and the potential for much stricter bycatch limits has the factory longliners and at-sea processing trawlers weighing in with comments to the International Pacific Halibut Commission, which meets Jan. 26-30. That’s something they have not previously done. The d...

    Thu, 01/15/2015 - 10:46am
  • Having opened Home Run Oil in 2000, Jeff and Shelly Erickson are now providing more than fuel for home and vehicle. The new owners of Home Run Short Stop, formerly Baycrest Fuel and C Store near the top of Baycrest Hill, the Ericksons and their crew offer a wide selection of convenience items, a kit...

    Thu, 01/15/2015 - 10:42am
  • The Homer Chamber of Commerce will have its annual membership and luncheon beginning at noon Jan. 27 at the Best Western Bidarka Inn. For more information, call the chamber at 235-7740. On Wednesday, Jan. 28, Americas Cuisine will host the chamber Business After Hours event. It will be from 5-7 p.m....

    Wed, 01/07/2015 - 2:46pm
  • BISMARCK, N.D. — Forget South Dakota. North Dakota’s most similar sister state these days is some 2,000 miles away. Alaska and North Dakota — which once had little more in common than wintry weather and elbow room — have for the past several years been locked in a state sibling rivalry over ...

    Wed, 01/07/2015 - 2:44pm
  • With the rising cost of health care set to have a major impact on the Kenai Peninsula Borough budget, Mayor Mike Navarre has made it one of his top resolutions to address in 2015. Navarre has introduced an ordinance to appropriate $200,000 to hire consultants to help the borough determine the best c...

    Wed, 01/07/2015 - 2:21pm
  • How little can the state afford to spend? Gov. Bill Walker halted immediate spending on six of the state’s notable pending mega-projects Dec. 27, part of an effort to scrutinize all expenditures and minimize the fiscal year 2016 budget deficit. Walker’s administrative order stopped work on a roa...

    Wed, 01/07/2015 - 2:19pm

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