The Securities and Exchange Commission filed a complaint last Thursday alleging insider trading in the purchase of GCI by a Colorado-based company.
Economy
Petersburg schools brace for possible state funding cuts
Petersburg school officials say a funding cut passed by the state Senate would cost the district hundreds of thousands of dollars. The Senate passed a budget this month with a five percent cut to education money that goes to school districts.
Advocates push to move biomass up the menu of renewable energy options
Ketchikan hosted the annual Alaska Wood Energy Conference last week, where participants heard about how biomass works in different places, and how to make the technology more known, and eventually less expensive to install and operate.
Small aircraft crashes near Mile 90 of Parks Highway
A Cessna 182E Skylane crashed Saturday afternoon near Mile 90 of the Parks Highway. Emergency crews responded about 4 p.m. to a crashed aircraft, including Alaska State Troopers and personnel from multiple EMS divisions in the Upper Valley.
BP halts oil and gas leaking from North Slope well
BP announced Monday morning that an out-of-control release from a North Slope oil and gas production well has been stopped.
No injuries in Seward Street fire, though several businesses affected
Assistant Fire Chief Ed Quinto said construction underway in the building could have facilitated the fire’s spread, but firefighters quickly contained it.
House sends income tax bill to Senate
Speaker Bryce Edgmon said the Education Funding Act, House Bill 115, is needed to prevent rural communities from suffering.
Forgot to change your studs? Troopers say take them off
Law enforcement can fine drivers in Southeast Alaska, Kodiak and the Aleutians for driving with studded tires.
United Airlines changes its policy on displacing customers
United says the decision must be made before customers board the plane. Battered by a viral video nightmare, the airline says this is an initial step toward delivering “the best customer experience.”
Memo suggests House Permanent Fund bill would likely survive challenge
The issue in question was a provision of Senate Bill 26 that was added by the House.