Top News & Analysis Alaska


  • CHICAGO, May 26- A letter arrives in the mail with this opening line: "We are writing to let you know how you can get help paying your Medicare costs." And this year, the data from Social Security will help us reach out to seniors who should be enrolled. " About 30 percent of all Medicare Part D enrollees are in the Extra Help program, according to the Kaiser Family Foundation.

  • Alabama- Jay Grinney, HealthSouth, $7.8 million. Arizona- Don Slager, Republic Services, $10.9 million. Arkansas- Doug McMillon, Wal-Mart Stores, $19.8 million.

  • NEW YORK, May 24- Stock exchange operator Nasdaq has rejected a listing application by MassRoots Inc on the grounds that it may aid in the use and dealing of an illegal substance, the cannabis social networking company said on Tuesday. The Denver- based company, which connects cannabis users, activists and business people through its mobile applications and web...

  • Houston oilfield services company Baker Hughes Inc. said Friday 318 rigs sought oil and 85 explored for natural gas. Among major oil- and gas-producing states, Texas declined by eight rigs while Kansas and North Dakota were down one each. Alaska, Arkansas, California, New Mexico, Ohio, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.

  • The Labor Department says Kentucky saw its unemployment rate fall to 5.3 percent in April, down from 5.6 percent in March. In addition to Kentucky, the other four states judged to have significantly lower unemployment rates in April were Arkansas, Delaware, Kansas and Vermont. In addition to Pennsylvania, the states with significantly higher rates were New...

  • SAN FRANCISCO, May 17- U.S. states owed $968 billion in unfunded pension benefits for retirees in 2013, the highest level in a decade, according to a report released Tuesday by Pew Charitable Trusts. The states also reported $587 billion in unfunded retiree health care liabilities and $518 billion in outstanding debt in 2013, according to Pew.

  • SAN FRANCISCO, April 27- Persistent low oil prices continue to strain budgets in states like Alaska, Louisiana, Oklahoma and North Dakota, which rely on oil production taxes to fill government coffers, Standard and Poor's said in a report on state budgets on Wednesday. New Governor John Bel Edwards and the state legislature agreed in a special session to adopt new...

  • Pena Nieto, who is grappling with deadly drug cartel violence, said he will send to Congress a proposal to permit the use and importation of marijuana-based medicines, and raise the amount that weed users can legally carry to 28 grams from 5 grams. Pena Nieto did not say where consumers would be able to obtain the weed they are then allowed to carry.

  • Trans-Alaska Pipeline System's costly challenge

    The Trans-Alaska pipeline system is about to enter its 40th year in operation. CNBC's Scott Cohn reports falling oil prices have created engineering challenges for the system as it pumps about a quarter of its capacity.




  • Alaska's budget battle

    CNBC's Scott Cohn reports from Juneau, Alaska about the state's dependency on the oil industry and how low prices could affect the budget.

  • Based in Sitka, Robert Miller makes one-of-a-kind hats and gloves from local animal furs. Also a fisheries biologist for the government, Miller hopes his business will offset any potential budget cutbacks.

    Weaning Alaska off oil revenues won't be a straight shot. And the pain won't be uniform.

  • Alaska's pipeline dilemma

    CNBC's Scott Cohn reports on how Alaska's Trans-Alaska Pipeline System presents economic and engineering challenges for the Last Frontier.

  • Juneau, Alaska.

    Even after the recent recovery pushing prices to just over $40 per barrel, producing oil in Alaska is solidly a money-losing proposition.

  • Corey Young, a founder of courier service CannaRabbit LLC, delivers bags of marijuana to a dispensary in in Louisville, Colorado, U.S., on Friday, March 27, 2015. CannaRabbit and peers are rushing in as regional truckers and nationwide haulers United Parcel Service Inc. and FedEx Corp. steer clear of transporting marijuana on concerns over the lack of nationwide clearance of a practice that is still illegal in most states.

    As more and more states legalize marijuana, banks are caught between serving pot businesses and federal law.

  • TOKYO, April 18- The Japanese share market plunged more than 3 percent on Monday after a series of earthquakes measuring up to 7.3 magnitude struck a southern manufacturing hub, killing at least 42 people and forcing major companies to close factories. The biggest hit near Kumamoto city early Saturday. We want to make further efforts to rescue and save people and...

  • *Death toll at 42 from two strong quakes. TOKYO, April 18- Survivors from a series of deadly earthquakes in southern Japan spent a cold night in cramped shelters or camped out in fields as 30,000 rescue service personnel rushed to provide food and to search for those still missing on Monday. Factories for major manufacturers including Toyota, Sony and Honda were...

  • TOKYO, April 17- Japanese rescue teams on Sunday scoured the splintered remains of buildings destroyed by a series of deadly earthquakes in southern Japan as time ran out for finding survivors and as major Japanese manufacturers face production losses from supply chain disruptions. "In Minamiaso, where the damage is concentrated, there may still be people...