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.
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.
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.