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Economy

Stories about local, state or national economy.

A U.S. Post Office has been closed for more than a week in the southwest Alaska village of Kwigillingok. After the lone office employee went on leave, residents were cut off from many essential services. 


Bethel City Council began its five-day series of special meetings Tuesday night to craft the city’s budget. But a gaping unknown stands in the way of balancing the numbers: the new revenue from alcohol sales.

Bethel AC Quickstop.
Dean Swope / KYUK

Weather conditions have delayed the opening of Bethel’s liquor store. Fog prevented Walter Pickett, AC general manager, from landing in Bethel this morning to give AC Quickstop its final compliance check before it opens what would be Bethel’s first liquor store in over 40 years.

That opening was set for this morning. Pickett plans to return to Bethel later today and hopes to open the store Tuesday at 11 a.m.

Bethel AC Quickstop.
Dean Swope / KYUK

Bethel’s first liquor store in over 40 years is set to open next week. AC Quickstop received the town’s first liquor license last fall after decades of restricted alcohol sales, and Walter Pickett, AC general manager, says the store could open as early as Monday.

The proposed Donlin Gold mine site in 2014
Dean Swope / KYUK

The U.S. Army Corps of Engineers has granted a one-month extensionon the comment period for the Donlin Gold mine draft environmental impact statement, or EIS.

The comment period, originally set to end Saturday, now will close May 31. The extension stretches the comment period for the more than 5,000 page document from five months to six—a time much shorter than many wanted.

Calista Corporation

Calista Corporation is campaigning to reduce quorum requirements at its annual shareholder meetings to prevent invalidating future meeting votes and wasting corporation money when quorum isn’t met.

Current quorum stands at an over 50-percent majority. Calista wants to reduce that to a one-third or about 33-percent requirement, and the corporation wants it to happen before descendants enroll as shareholders next year.

Thirteen entrepreneurs from the Yukon-Kuskokwim region have received cash awards to help grow their businesses in this year’s Best in the West Small Business Competition.

The USACE presenting the Donlin Gold EIS in Nunapitchuk.
Anna Rose MacArthur / KYUK

Two weeks remain to comment on the Donlin Gold mine draft environmental impact statement, or EIS. Most comments so far focus on subsistence and economic impacts, according to Keith Gordon, U.S. Army Corps of Engineers project manager overseeing the over 5,000 page document.

Allanivik Hotel Closes

Apr 15, 2016

 

The Allanivik Hotel is closing today after months of public unrest surrounding it’s revenue and plans for the hotel's  future.   

 


The board of the Association of Village Council Presidents Regional Housing Authority has designated Mark Charlie as the organization’s new president and CEO.

“I look forward to working with every tribe and their tribal members and addressing their housing needs. And I want to hear from them on what we’re doing and how we can improve,” Charlie said.

Charlie has worked with the Housing Authority for more than 20 years, beginning as Director of Housing Management in 1995, transitioning to Deputy Director, and then becoming Chief Financial Officer.

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