Business/Economy

The ruling is a setback for Oil Search, which is developing the giant Pikka oil field. But the judge also issued a stay in the case, delaying any changes, at least for now.

Workplace advice: When employers ignore workplace stress that simmers under the surface, it impacts employee behavior, work performance and business performance.

The plants violated the Clean Water Act with actions dating back to 2017 at both plants, according to the complaint.

Red Dog mine, a regional economic linchpin, is running low on ore. With a new permit in hand, the multinational company that operates the project is now moving quickly to try to extend its life.

North Slope production is expected to start rising in a few years, but revenues to the treasury will decline through the end of the decade, according to the state’s forecast

The incoming administration of President-elect Donald Trump is likely to bring big changes to seafood, one of the oldest sectors of the U.S. economy.

U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding a three-week hearing in Portland, Oregon.

But Enstar’s president warned of risks as some of the gas supply will depend on future drilling.

The effort will begin in 2025 with the first-ever flights from its Seattle base to Asia, growing over the next five years to as many as 12 new overseas routes, including to destinations in Europe.

The layoffs are part of sweeping job cuts at Boeing, which said in October it planned to reduce its workforce by 10%, or roughly 17,000 people in the coming months.

The sale will apply to 400,000 acres of the North Slope coastal plain. Both supporters and critics of drilling in the refuge have criticized the sale.

Workplace advice: Bring your fears to the surface and challenge them.

Trilogy Metals, which owns half of a joint venture, Ambler Metals, that hopes to develop the Bornite and Arctic deposits on the south side of the Brooks Range, saw its stock price double after Trump’s win.

Construction wages rose the most, to $93,472, up 10% from $84,870 in 2022.

The Alaska Industrial Development and Export Authority’s commitment could allow a pipeline developer to complete up to $50 million in engineering studies in hopes that an initial in-state gas line is built.

Fewer Alaskans could mean more imported workers and fewer students and youths to fill future jobs, a state demographer says.

The median hourly wage was $26.99.

The total number of fish harvested was the third lowest since 1985, and the value to fishers delivering their catches was the third lowest since 1975, state officials report.

Muldoon Pizza will change hands after more than 40 years. Also, Spinz Pollo a la Brasa has closed, along with Kiss a Moose gift shop.

Black Friday. Small Business Saturday. Holiday bazaars galore. Anchorage small-business owners say they’re ready for holiday shoppers.

The state’s minimum wage will increase by 18 cents to $11.91 an hour at the start of the new year.

Workplace advice: Don’t allow your ethical muscle to become flabby by desensitizing yourself to incremental dishonesty.

The number of Alaska seafood processor jobs totaled 8,495 in 2023, about 20% lower than the total in 2014, the analysis shows.