Alaska Permanent Fund Corporation CEO Angela Rodell said GameStop is just one of over 11,000 different stocks in the organization’s portfolio. On top of that, it’s also invested in bonds, real estate and private equity.
A forecast from the McKinley Research Group predicts Anchorage will add 4,000 jobs this year. The city lost nearly 14,000 jobs in 2020.
Everyone’s situation varies. But on the whole, a public employees’ union manager says work-from-home costs far outweigh the cost savings.
Crowley Fuels is set to sell its Southeast Alaska business to Anchorage-based Petro Marine Services. Some fear the move could make life in the panhandle even less affordable.
One of the last remaining video stores in the Yukon-Kuskokwim Delta closed up shop on Jan. 10 after holding on for a remarkably long time.
The new relief bill expands eligibility for the loans to include nonprofits, live venues and cultural institutions that have been struggling due to pandemic-forced closures.
The new owner says it will continue to operate plants in Dillingham, King Cove, Port Moller and Valdez, along with support facilities in Naknek and Sand Point. Its headquarters are in Bellevue, Wash.
According to the Alaska Department of Labor, the worst of the pandemic job loss is over for now. Economist Karinne Wiebold said Alaska is expected to add jobs in 2021, but slowly.
“[Families] didn’t go places. They aren’t going to movies to spend little bits. They aren’t spending as much at restaurants. They aren’t doing all these other things. But they can stay at home and build models and play with RC Cars and planes.”
Anchorage’s emergency order allowing businesses to reopen to at least 25% capacity takes effect Friday, Jan. 1.