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Anchorage teen's Internet startup has global reach
Channel 2 NewsAt age 18, South High School grad Tyler Arnold has long since left home for the first time. He's in Romania on a business trip this week, promoting his Internet firm Tyler Systems. “We're an international business, so I find myself in different...Tags: eBay Inc., Business Trips, Alaska, Todd Walker, Romania
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Stimulus fund tracking leaves many with questions
In February, Congress passed the Economic Recovery and Reinvestment act, which doled out billions of dollars intended to create or save American jobs.
The $787 billion were meant to spur the economy and get people back to work, but the official...Tags: Satellite and Cable Service, Contracts, Forestry and Timber, Lisa Murkowski
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Calista Corp.'s long road to financial success
Staff WriterIn about a week, Calista Native Corp. shareholders will be getting their dividend checks for the third year in a row. That's significant, considering that the regional corporation has only paid dividends five times in its history. Calista is one of...Tags: Business, Employees, National Government, Army National Guard, Alaska
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BP's Liberty project delayed again
Channel 2 NewsAnother delay was announced Tuesday for BP's Liberty project in the Beaufort Sea. The project, which employs directional drilling from a man-made island three miles offshore, has been criticized by environmentalists as too risky for the Arctic. Bloomberg...Tags: Upstream Oil and Gas Activities, Alaska, London Theatre, BP Plc, Anchorage
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Foreign Law Debate Making Some Lawmakers 'Uncomfortable'
Channel 2 NewsA bill to ban foreign law in Alaska (HB 88) is generating some intense debate in the Legislature. The bill's sponsor, Rep. Carl Gatto (R-Palmer) says he sees certain individuals linking religion with civil laws, and that the state needs to make clear...Tags: Crime, Law and Justice, Alaska, Laws, Justice System
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Oil Companies Push For Tax Break, Offer Few Assurances
Channel 2 NewsAlaska's oil companies are back in the Capitol and pushing for lower taxes; but they're not guaranteeing lawmakers they'll produce more petroleum in the pipeline. They told the House Finance Committee, Wednesday, they'll take small steps, like directing...Tags: Executive Branch, Energy Resources, Politics, Alaska, ConocoPhillips
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Verizon Service Coming to Alaska
Channel 2 NewsVerizon Wireless announced its plans to enter the Alaska market Tuesday, although the telecommunications company would not comment on a timeframe for launch. Verizon is the other cellular carrier besides AT&T available with bundled purchases of Apple&...Tags: Verizon Communications, Marketing, Alaska, Todd Walker, Apple iPhone
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Governor Says Oil Taxes Must Change This Year
Channel 2 NewsIt could take weeks for lawmakers to advance Governor Parnell's plan to cut oil taxes. The Senate has a lot of questions and with just over a month left in session, they could be cutting it close. Parnell tried Thursday during a press briefing to...Tags: Executive Branch, Politics, Alaska, Miami (Miami-Dade, Florida), Travel
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North Slope a 'Perfect Fit' for Spanish Company
Channel 2 NewsAn interesting announcement came about in the midst of this session’s debate about whether the state should reduce oil taxes as a way to spur production on Alaska’s North Slope. Repsol, a Spanish energy company, sent out a press release...Tags: Elections, Alaska, Politics, Petroleum Industry
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New Group Says Alaska Oil and Gas Production Tax Needs Repair
Channel 2 NewsA new group is adding its voice to the debate over tax breaks for oil companies. The Make Alaska Competitive Coalition says something needs to be done to encourage North Slope exploration. The group says Alaska’s oil and gas production tax known...Tags: Democratic Party, Upstream Oil and Gas Activities, Energy Resources, Sean Parnell, Natural Resources
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Economic Fallout from Japanese Quake Touches Alaska
Channel 2 NewsAftershocks from Japan’s 9.0 earthquake and tsunami are being felt in the Alaskan economy, especially in the seafood industry. Larry Nelson, an owner of Great Northern Sea Products, says he’s been unable to reach one of his business...Tags: Unrest, Conflicts and War, Energy Resources, Lifestyle and Leisure, Salmon, Aquaculture
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Alaska Airlines considering Horizon service to rural Alaska
Channel 2 NewsAlaska Airlines is considering switching from jets to smaller turboprop planes on what it calls its less-trafficked routes to rural Alaska. Airline spokesperson Bobbie Egan says the move could lower operating costs and pass savings on to the consumer....Tags: Alaska, Alaska Air Group Incorporated, Boeing Co.
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