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October Issue 2 2012

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AJC Issue Archive Departments

Proposition passage may end stove exchange program

As temperatures drop below freezing and snow starts to pile up, the Fairbanks North Star Borough's wood stove exchange program has been put on hold and could be stopped completely because of the passage of Proposition 3.

Arctic Slope corp. declares dividend of $40

Nearly every shareholder of the Barrow-based Arctic Slope Regional Corp. will be pocketing about $4,000 just before the holidays.

Registered voters up across political parties

The ranks of registered voters have grown in all Alaska political parties since the August primary.

Oil falls slightly after report shows supplies up

Oil prices are hovering below $92 per barrel, after the government reported a bigger than expected increase in U.S. crude supplies.

Stock market wavers as investors digest earnings

A surprisingly strong housing report helped push the stock market mostly higher Wednesday, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average.

Begich part of delegation in Israel

U.S. Sen. Mark Begich is in Israel on a fact-finding trip.

Stocks higher on 3Q profits; Mattel jumps

Inflation is low, earnings are high, investors are happy.

Vikram Pandit steps down as Citigroup CEO

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, shocking Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

Airline executives urge airport security overhaul

Airport security needs to undergo a radical overhaul or else passengers will become further disgruntled, lines will grow and terminals will be overwhelmed, airline executives said Tuesday at a global aviation conference.

Clinton: I'm responsible for consulate security

U.S. Secretary of State Hillary Rodham Clinton repeated on Tuesday her statement taking sole responsibility for security at all of America's diplomatic missions, an attempt to clear a political obstacle for her boss, President Barack Obama ahead of his second debate with Republican Mitt Romney.

Parnell chosen to lead governors' group

Gov. Sean Parnell's office says he has been picked to chair the Outer Continental Shelf Governors Coalition.

Bad joke prompts Alaska airport evacuation

The main terminal of Anchorage's largest airport was evacuated Sunday after a man made comments about a bomb, which he later said were meant to be taken as a joke.

Stocks higher after retail sales improve

Stocks rose on Monday after a strong gain in retail spending suggested that consumers could be getting more confident about the economy.

How would candidates' tax plans affect investors?

With the outcome of next month's presidential election increasingly hazy, here's a shred of clarity that investors can cling to: The tax rates they pay on investment income like stock profits and dividends are almost certain to change.

Expect small '13 Social Security benefit increase

Social Security recipients shouldn't expect a big increase in monthly benefits come January.

State wants study of Medicaid expansion costs

The state is soliciting proposals for a study on the cost of Medicaid expansion in Alaska.

Parnell eyeing ways to further advance gas line

Alaska Gov. Sean Parnell said Thursday that an all-encompassing fiscal package for a major natural gas pipeline project won't happen next year.

Analysis: VP debate feisty, unlike Obama-Romney

Fierce and focused, Vice President Joe Biden and Republican Paul Ryan gave voters the kind of substantive showdown that was everything the presidential debate was not. Abandoning his boss' caution, Biden uncorked a combative repair job.

US stocks higher as inflation remains tame

Stocks rose on Friday after a government report showed that inflation was tame in September, which will leave consumers with more money to spend if the trend holds up.

Official: US blames Iran hackers for cyberattacks

A former U.S. government official says American authorities firmly believe that Iranian hackers, likely supported by the Tehran government, were responsible for recent cyberattacks against oil and gas companies in the Persian Gulf and that they appeared to be in retaliation for the latest round of U.S. sanctions against the country.

Archive »

Transportation

Airline executives urge airport security overhaul

Airport security needs to undergo a radical overhaul or else passengers will become further disgruntled, lines will grow and terminals will be overwhelmed, airline executives said Tuesday at a global aviation conference.

Bad joke prompts Alaska airport evacuation

The main terminal of Anchorage's largest airport was evacuated Sunday after a man made comments about a bomb, which he later said were meant to be taken as a joke.

Archive »

Oil & Gas

Oil falls slightly after report shows supplies up

Oil prices are hovering below $92 per barrel, after the government reported a bigger than expected increase in U.S. crude supplies.

Parnell chosen to lead governors' group

Gov. Sean Parnell's office says he has been picked to chair the Outer Continental Shelf Governors Coalition.

Parnell eyeing ways to further advance gas line

Alaska Gov. Sean Parnell said Thursday that an all-encompassing fiscal package for a major natural gas pipeline project won't happen next year.

Archive »

Alaska Politics

Registered voters up across political parties

The ranks of registered voters have grown in all Alaska political parties since the August primary.

Begich part of delegation in Israel

U.S. Sen. Mark Begich is in Israel on a fact-finding trip.

State wants study of Medicaid expansion costs

The state is soliciting proposals for a study on the cost of Medicaid expansion in Alaska.

Archive »

National Politics

Begich part of delegation in Israel

U.S. Sen. Mark Begich is in Israel on a fact-finding trip.

Analysis: VP debate feisty, unlike Obama-Romney

Fierce and focused, Vice President Joe Biden and Republican Paul Ryan gave voters the kind of substantive showdown that was everything the presidential debate was not. Abandoning his boss' caution, Biden uncorked a combative repair job.

Archive »

Finance

Arctic Slope corp. declares dividend of $40

Nearly every shareholder of the Barrow-based Arctic Slope Regional Corp. will be pocketing about $4,000 just before the holidays.

Stock market wavers as investors digest earnings

A surprisingly strong housing report helped push the stock market mostly higher Wednesday, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average.

Stocks higher on 3Q profits; Mattel jumps

Inflation is low, earnings are high, investors are happy.

Vikram Pandit steps down as Citigroup CEO

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, shocking Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

Stocks higher after retail sales improve

Stocks rose on Monday after a strong gain in retail spending suggested that consumers could be getting more confident about the economy.

How would candidates' tax plans affect investors?

With the outcome of next month's presidential election increasingly hazy, here's a shred of clarity that investors can cling to: The tax rates they pay on investment income like stock profits and dividends are almost certain to change.

Expect small '13 Social Security benefit increase

Social Security recipients shouldn't expect a big increase in monthly benefits come January.

US stocks higher as inflation remains tame

Stocks rose on Friday after a government report showed that inflation was tame in September, which will leave consumers with more money to spend if the trend holds up.

Archive »

General News

Proposition passage may end stove exchange program

As temperatures drop below freezing and snow starts to pile up, the Fairbanks North Star Borough's wood stove exchange program has been put on hold and could be stopped completely because of the passage of Proposition 3.

Arctic Slope corp. declares dividend of $40

Nearly every shareholder of the Barrow-based Arctic Slope Regional Corp. will be pocketing about $4,000 just before the holidays.

Clinton: I'm responsible for consulate security

U.S. Secretary of State Hillary Rodham Clinton repeated on Tuesday her statement taking sole responsibility for security at all of America's diplomatic missions, an attempt to clear a political obstacle for her boss, President Barack Obama ahead of his second debate with Republican Mitt Romney.

Official: US blames Iran hackers for cyberattacks

A former U.S. government official says American authorities firmly believe that Iranian hackers, likely supported by the Tehran government, were responsible for recent cyberattacks against oil and gas companies in the Persian Gulf and that they appeared to be in retaliation for the latest round of U.S. sanctions against the country.