Business/Economy

The grant from the U.S. Department of Transportation’s Maritime Administration will go toward the Don Young Port of Alaska’s massive modernization project.

Strong job growth, with big oil field and infrastructure projects in development, is one factor, a state economist said.

A legislative task force charged with recommending action to rescue the industry and communities that depend on it is considering a broad range of responses.

The new caps mean when halibut stocks are low, bycatch limits can be reduced.

A pair of lawsuits filed by tribal governments in the region are challenging the state’s regulatory process.

The Anchorage-based company said the decision was prompted in part by the popularity of streaming.

The corporation is preparing to bid on an upcoming oil and gas lease sale in the Arctic National Wildlife Refuge.

Workplace advice: In the wake of a charged election, emotions run high and are especially raw for those who saw their candidate lose.

Indigenous people, environmentalists and lawmakers of both parties fear more mining in British Columbia’s Golden Triangle could pollute Alaska’s waterways.

More opportunities for oil drilling in the Arctic refuge and other long-sought Alaska projects could be renewed under a Trump presidency, Alaska elected leaders say.

Trump referred to his “special relationship” with Gov. Mike Dunleavy and said he will focus on developing Alaska resources and getting the state’s long-sought gas pipeline built.

The goal is limiting the footprint where seismic exploration could take place and avoiding polar bear dens and caribou calving areas, the Interior Department said.

The regulatory commission also approved a pilot program to incentivize electric use during times of low demand.

Workplace advice: Early November is a perfect starting time. The end of daylight saving time reminds us of winter’s shrinking daylight and the need to make every hour of our work and lives count.

It will support a new cruise port being built in Seward, the city said in a statement. The shoreside power will be unusual for a small town, a project official said.

The U.S. Army Corps of Engineers canceled a bid request process for the deepwater project after pricing came “well above” the statutory limit.

Workplace advice: Unfilled vacancies and employees calling in sick leave your remaining staff to shoulder an impossible workload.

Plus, a yard-sign franchise for special celebrations has launched, while a freeze-dried food manufacturer is growing. An express car wash also opened, and Eagle River gets a prime steakhouse, while the Originale sandwich shop is for sale.

A legal ruling on a 2021 lease sale is expected as soon as Friday from a federal judge in Alaska.

More reductions could occur as the airlines get closer to operating under a single FAA certificate.

The companies will make stops in Anchorage as they fly between Asia and North America.

Alaska’s state-owned development agency was one of three successful bidders in a prior 2021 sale of leases in the Arctic National Wildlife Refuge.

The second lease sale is supposed to be held by Dec. 22, according to the law. The Alaska Industrial Development and Export Authority was the main bidder in the federal government’s first-ever lease sale in the Arctic National Wildlife Refuge in 2021.