Archive of: General News

Issue

Title

July Issue 4 2012

Photographer brings Alaska images to life in book

Larry Johansen was the Director of Southeast Operations for Cruise West when they folded in 2010. Born in Ketchikan, he had made a career taking visitors around Southeast Alaska and showing them the natural wonders he called home.

AMANDA COMPTON, Capital City Weekly

July Issue 4 2012

Europe fear surges; Dow falls nearly 150

Fear that Spain may need a government bailout sent its borrowing costs soaring, the euro to a two-year low against the dollar and stocks around the world sharply lower as investors pulled back Monday from all manner of risk.

BERNARD CONDON, AP Business Writer

July Issue 4 2012

Oil falls on renewed concerns about Europe

Alaska North Slope crude is trading at $104.86, down $2.48 from its closing price on Friday.

CHRIS KAHN, AP Energy Writer

July Issue 4 2012

Global economy in worst shape since 2009

Mounting fears about Spain's financial health help illustrate why the global economy is in its worst shape since 2009.

PAUL WISEMAN, AP Economics Writer

July Issue 4 2012

Alaskans wonder where the king salmon have gone

Alaskans again this summer are wondering: Where are the king salmon?

MARY PEMBERTON, Associated Press

July Issue 4 2012

State unemployment rises from 7% to 7.3% in June

Alaska’s seasonally adjusted unemployment rate was 7.3 percent for June, up from May’s rate of 7.0 percent.

Alaska Journal of Commerce

July Issue 4 2012

Study: Private student loans parallel subprime

Risky lending caused private student loan debt to balloon in the past decade, leaving many Americans struggling to pay off loans that they can't afford, a government study says.

DANIEL WAGNER, AP Business Writer

Family legacy begins at the House of Harley-Davidson July Issue 4 2012

Family legacy begins at the House of Harley-Davidson

It’s not every day that an Alaskan business sets a national precedent, but a father-to-daughter transition has done just that.

Jonathan Grass, Alaska Journal of Commerce

State files suit to block new fuel rules on ocean vessels July Issue 4 2012

State files suit to block new fuel rules on ocean vessels

The state of Alaska has filed suit in federal court to block the Aug. 1 imposition of strict emissions limits on marine shipping from the U.S. west coast to Alaska.

Tim Bradner, Alaska Journal of Commerce

July Issue 4 2012

Commentary: Here comes a global summer slowdown … once again

Economic weakness in the U.S. and China along with ongoing anxiety over the crisis in Europe (and recession in several countries there) led to poor second quarter returns in the equity markets. U.S. stocks lost -2.8% on the S&P 500, while international stocks were harder hit as declines in local markets and weakening currencies contributed to a -7.1% U.S. dollar loss on EAFE.

Jeff Pantages, Alaska’s Eye on Wall Street

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