Business

35 Legislators Named Guardians of Small Business

Jun 9, 2014
National Federation of Independant Business

The National Federation of Independent Business recognized 35 Alaska senators and representatives as Guardians of Small Business.


For most of the United States, 2008 began the great recession, a period of economic volatility and increased unemployment.  However, even seven years out, Alaska has experienced very positive job growth.   KDLG's Chase Cavanaugh has more.  

The local electric cooperative for the Dillingham area is seeking public comments on a proposed rate increase that is scheduled to take effect in mid-June. A number of factors have come together to negatively impact the financial position of the Nushagak Cooperative. Those factors include a downturn in sales due to the unseasonable warm winter and the short seafood processing season that the region experienced last year.

NFIB

An organization that represents thousands of small businesses in Alaska has come out in opposition to Ballot Measure 1, which would repeal the new oil tax regime in Alaska. KDLG’s Mike Mason has the story.

The State of Alaska held an oil and gas lease sale earlier this month for large chunks of the Cook Inlet and Alaska Peninsula Areas. A total of 43 bids were received by the Alaska Division of Oil and Gas. 40 bids were received for the tracts in the Cook Inlet area-wide sale but just 3 bids were made for tracts in the Alaska Peninsula lease sale.

The latest unemployment data shows that the U.S. rate is now below the Alaska unemployment rate for the first time in over 5-years. KDLG’s Mike Mason has the story.

The Alaska Air Group will buy back up to $650-million dollars of stock, in a move approved by the Board of Directors. The buyback will equal about 10-percent of the company’s current market capitalization and comes on the heels of the current $250-million dollars stock buyback.

The confusion surrounding the liquor license for the Willow Tree Bar in Dillingham has been cleared up and the Dillingham City Council has endorsed the issuance of a license. KDLG’s Mike Mason has the details.

One of Dillingham’s 2 bars is facing questions from the Dillingham City Council about its liquor license. However, it appears to be just confusion about when the license actually expired.

American Maritime Partnership

A new study highlights the importance of the domestic maritime industry to the Alaska economy. The study puts the industries contribution at the Alaska economy at over $1-billion dollars a year. The new study by PricewaterhouseCoopers puts Alaska at 3rd in the nation in per capita maritime jobs with an estimated 4.3-thousand jobs and worker income of over $344-million dollars a year.

The latest unemployment numbers show that Southwest Alaska continues to lead the state in regional unemployment. The March unemployment rate in the Southwest region was 13.8-percent. That’s essentially unchanged from the 13.9-percent rate recorded in February.

Nushagak Cooperative

For many years the staff and Board of Directors for the Nushagak Cooperative have been trying to identify renewable energy projects that could be developed in the Dillingham area. So far those efforts have not resulted in a suitable project being found. KDLG’s Mike Mason has the details.

The Nushagak Cooperative is working with Vitus Marine to help facilitate the company entering the local fuel distribution market in Dillingham. KDLG’s Mike Mason has the story.

Alaska Sets an Employment Record

Apr 11, 2014

Alaska recorded its highest employment rate ever in late summer of last year. KDLG’s Mike Mason has the details.

No Overloads on Dillingham Area Roads

Apr 9, 2014
Christina Bergmann

It’s shaping up to be a busy construction season in and around Dillingham but much of the heavy work will have to wait a little while longer. KDLG’s Mike Mason spoke with the man tasked with handling seasonal weight restrictions in the Bristol Bay region to clarify how the Department of Public Safety uses weight restrictions to protect area roads.

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