Sealaska directors approved a December distribution to shareholders totaling $17.5M. Total distributions in 2015 to Sealaska shareholders are $30.4M. Management continues to follow priorities outlined in the strategic plan including growing operations in relevant industries and creating a disciplined investment process. “Sealaska is in a strong position to utilize investment capital to make new operational […]
WHITE HOUSE—U.S. Vice President Joe Biden has decided not to seek his Democratic Party’s nomination for the presidency in 2016, ending months of speculation about whether he would run. Speaking Wednesday in the White House Rose Garden, Biden said the grieving process after his son Beau died of brain cancer in May “does not respect […]
WHITE HOUSE—For an American president who came into office with a promise to end U.S. wars in Iraq and Afghanistan, the announcement to slow the withdrawal of troops from Afghanistan was likely not an easy one. “I do not support the idea of endless war,” President Barack Obama said. “I repeatedly argued against marching into […]
Disappointed by the results of their Burger J exploratory wells in the Chukchi Sea, Royal Dutch Shell announced that they will not be exploring for oil in Alaska for the “foreseeable future,” they said in a statement. Shell said on Monday, that they had “found indications of oil and gas in the Burger J well, but […]