Economy

a jeep getting delivered to a dealership

U.S. automakers had a punishing week — with a silver lining for shoppers

The four major U.S. automakers — GM, Ford, Stellantis and Tesla — all reported earnings this week and saw their stocks decline.
a smiling girl

For Anchorage teens in search of summer work, odd jobs are a profitable niche

A Facebook group called Alaska Teens for Hire is a hub for 13 to 19 year olds looking for work and adults who have an odd job to offer.
a rocket

Rocket suffers ‘irrecoverable damage’ in fire at Kodiak spaceport

Friday's fire is the second Kodiak mishap for ABL Space Systems, after a rocket crash-landed when it was launched last year.
Kodiak

The Outlook for commercial fisheries | Talk of Alaska

Several factors are endangering the economy of coastal communities and transforming the lives of Alaskans who depend on commercial fishing.
fishing boats

The Supreme Court’s ‘Chevron deference’ decision casts a wide net

The decision, which came after a legal battle over who should pay for bycatch monitors on trawl boats, may affect all federally regulated industries.
a judicial hearing

9th Circuit hears appeals in Southeast Alaska king salmon troll fishery lawsuit

Three federal judges heard arguments Thursday for and against a lower court ruling that threatened to halt Southeast Alaska’s king salmon troll fishery.
Petersburg dispatchers

Alaska institutions and businesses reckon with impacts of wide-ranging cloud software glitch

Across the country, the faulty software update disrupted health care providers, airlines and banks, among others.
tourists

With cruise traffic booming, Alaska’s travel industry looks to boost independent traveler numbers

This summer, some remote communities welcomed their largest cruise ships in history– while others turned thousands of tourists away due to wildfires.
workers

Bristol Bay floating fish processor back at full capacity after fire

Northline Seafoods CEO Ben Blakey doesn't think this summer's electrical fire aboard the Hannah will have a lasting financial impact.
An aerial view of a beluga and a baby beluga in gray water

Judge suspends controversial federal Cook Inlet lease sale, citing impacts on beluga whales

The landmark Inflation Reduction Act mandated the federal oil and gas lease sale. But the agency offering it fell short, the judge ruled.
king salmon

9th Circuit to hear oral arguments on Southeast king salmon troll fishery lawsuit

Federal judges will hear oral arguments Thursday in an appeal of a ruling that threatened to halt the Southeast troll fishery for king salmon.
a building

Alaska oil and gas watchdog again fines Hilcorp for Cook Inlet violation

The $86,000 fine, issued Friday, is the fourth levied against Alaska's second-largest North Slope oil and gas producer this year.
a meat aisle

Food prices are no longer rising as much — but here’s why it might not feel that way

Food prices have largely leveled off, but many people are still frustrated when they go to their local grocery store.
A woman in a beige blazer speaks at a podium,

A proposed Anchorage sales tax could fund projects from a children’s museum to a public sauna

Supporters of Project Anchorage told a business-minded audience Monday that the 3% tax could be used to improve residents’ quality of life.
frozen fish fillets

Alaska seafood marketers get $5M from feds after losing state funds

The Alaska Seafood Marketing Institute says part of the money will help it increase the state industry’s involvement in pet food products.
net

Applications open for Norton Sound and Kuskokwim, Yukon River salmon disaster relief

Households may only qualify for disaster funds in one of the eligible areas. The deadline to apply is Sept. 28.
a man

Workforce shortages and inflation are key challenges for Alaska’s small businesses, new survey says

Small businesses remain optimistic even as they face hiring competition from other states.
Downtown Anchorage, with water in the foreground and mountains behind.

New survey shows some signs labor shortage in Anchorage is easing

The list of top job openings include registered nurses, administrative assistant and customer service representatives.
Juneau

The average single-family home costs more in Juneau than anywhere else in Alaska, study says

New economic data from the Alaska Department of Labor and Workforce Development reveals higher costs for almost everything.
a fisherman

As a mining project moves ahead, Southeast Alaska tribes say Canada denies their human rights

A Canadian firm wants to reopen a large gold mine – but Southeast Alaska Natives downstream are still recovering from its impacts in the 1990s.
a creek

New federal program aims to speed restoration of damaged Alaska streams and rivers

A new program has a toolbox of techniques to be used as the Bureau of Land Management seeks to restore waterways damaged by mining.
a man

‘I just wish I had more time’: Friends, family remember fisherman killed in Bristol Bay accident

Colleagues and relatives say 21-year-old Corwin Wheeler was doing what he loved when he was trapped in fishing gear and went overboard Friday.
a burned forest

Denali National Park set to reopen Wednesday as downpour helps wildfire crews

Parts of the park near its entrance, including the Riley Creek Campground and Horseshoe Lake Trail, will remain closed as crews fight the Riley Fire.
a man

Alaska Native groups push back against racist rant outside Fairbanks grocery store

Two Native organizations in Fairbanks have denounced a recent harassment incident at a local grocery store.
a fish processor

Fire reduces new Bristol Bay floating fish processor’s capacity

Northline Seafoods says nobody was hurt in Sunday's fire aboard the Hannah, but its processing capacity is down to about a third of normal.

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