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United Way initiative aims to develop young philanthropists

Stocks plunge again, extending losses; bond prices soar

Planning for business transitions should start early

What happens when small business owners are ready to retire or sell their business? A panel of banking and business experts tried to help answer that question during an Oct. 2 seminar in Anchorage organized by KeyBank.

2Q income flat in advance of oil tax vote

Alaska’s financial institutions posted another quarter of steady performance and the largest bank in the state expects activity to increase in the wake of the Aug. 19 vote to preserve oil tax reform. Wells Fargo’s Alaska Regional Business Banking Manager Darren Franz said in late September that there was something of a slowdown in the second quarter compared to prior years as businesses paused to see how the vote on oil taxes would pan out.

New Chukchi analysis still on track

The U.S. Bureau of Ocean Energy Management is moving step-by-step through a revised environmental analysis of Chukchi Sea offshore oil and gas development and expects to remain in schedule for a draft supplemental environmental impact statement, or SEIS, to be complete by late October.

Alaska Chamber, delegation favor Ex-Im Bank extension


Sitka tribe to develop shellfish testing lab

The Sitka Tribe of Alaska is planning to build a lab to test shellfish for naturally occurring toxins that could pose a health threat to subsistence harvesters in the region.

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Edna Bay is newest Alaska city

A state commissioner signed off this week on Edna Bay’s cityhood, making it Alaska’s newest second-class city and the first to incorporate in a decade.

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Yellen: Greatly concerned by widening inequality

Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake.

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