October 17th, 1918
Controversy Over GameStop’s Stock Market Saga Explained
In recent days, American financial markets have been gripped by the saga of a video game retailer’s soaring stock price. GameStop, which makes most of its money selling video games in stores across America, saw its stock price rise as much as 1,700% this week, backed by fans who believe it is unfairly undervalued by […]
Two Dead and One Injured in Parks Highway Head-On Collision
On Thursday morning Alaska State Troopers released the names of the two victims who lost their lives in a fatal head-on collision that occurred on the Parks Highway on Tuesday evening as 65-year-old Michael Price and 50-year-old Ester Price, both of Wasilla. The name of the injured party was also released as 38-year-old Christopher […]
House Democrats Set To Unveil Historic Legislation To Lower Drug Prices
(Anchorage, AK) — Following reports of the sweeping legislation set to be unveiled by Speaker Pelosi and House Democrats to drastically lower prescription drug costs and hold insurance companies accountable, Protect Our Care Executive Director Brad Woodhouse released the following statement: “The landmark legislation Speaker Pelosi and House Democrats have crafted is the most sweeping […]
APD Investigating Saturday Mountain View Homicide
The shooting investigation of a victim in the Mountain View area that occurred on Saturday morning has evolved into a homicide investigation following the death of that victim later in the day. APD reported that they responded to a shooting on the 100=-block of Price Street at 4:50 am on Saturday morning to discover the […]
Department of Revenue Releases Spring 2018 Revenue Forecast
Juneau – Department of Revenue (DOR) Commissioner Sheldon Fisher released the spring 2018 revenue forecast Friday. The forecast includes the Department’s updated forecast of oil price, oil production, and state revenue. Unrestricted General Fund (UGF) revenue is now forecast to be $2.3 billion in both FY 2018 and FY 2019. Compared to the fall 2017 […]
Senator Wielechowski Introduces Legislation to Repeal Per Barrel Oil Tax Credits
JUNEAU – Senator Wielechowski (D-Anchorage) introduced Senate Bill 206, repealing the per barrel tax credits established in 2014 under SB 21. Under current statute, a producer is eligible for up to $8 in tax deductions for each barrel of extracted oil depending on certain conditions, such as the market price of oil. “Recent SEC filings […]
Amazon Stock Drops Following Trump Early Morning Tweet
Without evidence for his claims, President Trump attacked the global retailer, Amazon, of causing job losses and “doing great damage to tax-paying retailers,” on Wednesday, causing the online retail giant to lose .3% in the market before the opening bell. In an early morning tweet, Trump wrote, “Amazon is doing great damage to tax paying […]
Two Vehicles Collide on Kodiak Road, Drivers Injured
Two Kodiak vehicles were totaled and the drivers injured in a head-on collision on a Kodiak Roadway on Tuesday evening, the trooper dispatch reports. At 7:10 pm, troopers were notified of a head-on collision that had taken place on Resanof Drive near Fort Abercrombie on the outskirts of Kodiak on Tuesday evening. Troopers responded to […]