KYUK AM

Economy

Stories about local, state or national economy.

Washington Dept. of Fish and Wildlife

Commercial fishing might be coming to the Kuskokwim this summer. 

A wind turbine stands outside the Yukon Kuskokwim Fitness Center. AVEC plans to erect a larger, 900 kilowatt wind turbine near the Bethel airport in 2018.
Dean Swope / KYUK

A new, large wind turbine is coming to Bethel. Anna Sattler, the Rural Liaison for the Alaska Village Electric Cooperative, says that the 900 kilowatt wind turbine is expected to be delivered next year, and it will be the largest turbine in AVEC's fleet, by a factor of nine.

The Yute Air terminal on March 6, 2017, two days after its closure.
Dean Swope / KYUK

Without warning or explanation Yute Air shut down on Saturday, leaving passengers looking for flights and employees looking for work. The regional Bethel-based air carrier served about 1,000 passengers a week across more than 30 villages throughout the Yukon Kuskokwim Delta. Now Yute’s assets have been sold, and the people who worked for Yute were among those surprised by the news.


Michelle DeWitt

The prize for guessing the exact minute that the ice goes out on the Kuskokwim just went up. Organizers of the Kuskokwim Ice Classic say that the prize for guessing break-up in front of Bethel is $12,500, up from $10,000 last year.

Oscarville students dance in the village school in February 2016.
Dean Swope / KYUK

A group of representatives from a variety of government and nonprofit agencies are headed to Oscarville on Friday. The group is going there to observe the changes that have been made to the village since it became a pilot project for what is being called a holistic approach to community development.


The Coastal Villages Region Fund announced today that it will not be operating its fish processing plant in Platinum this summer. The plant was built for a higher capacity than current fisheries can provide and was losing money.

Calista Corporation

The Calista Corporation has announced the largest dividend in its history. Shareholders will receive $4.47 per share by direct deposit or mail on April 15. The typical shareholder owns 100 shares. Calista plans to pay out another dividend in the fall. 

Dean Swope / KYUK

Unless people make changes, the rising cost of electricity and heat will only make life tougher in rural Alaska. Right now Power Cost Equalization, or PCE, subsidizes energy costs in rural Alaska. While that program is safe this year, it probably will not remain so in the future as the state seeks to make do with smaller budgets.

Dean Swope / KYUK

The Bethel City Council agreed Tuesday to provide free water deliveries to Bethel Winter House, Bethel’s homeless shelter, for the remainder of their season. 

Anna Rose McArthur

Bethel city water trucks get more than their fair share of abuse, but after an incident that left a brand new water truck tipped on its side, the Bethel City Manager decided to change the accident policy to give city truck drivers who are found to be negligent tickets and drug tests. 


Pages