Stories about the local, state, or national economy.

After over a year at the organization, ONC Executive Director Ron Hoffman has decided to resign.
KYUK Staff

The Bethel Orutsararmiut Native Council received $13.8 million under the federal CARES Act, and the organization wants to hear from tribal members on how to spend that money.

There’s a new system available for people who choose to vote absentee by mail. Voters can now register online to receive their applications, instead of mailing, emailing, or faxing them.

Ravn Sells Off Dozens Of Small Planes To Alaska Companies, Including Grant And Yute

Jul 8, 2020

Ravn Alaska prepares to board a de Havilland Dash 8 for a flight from Dillingham and King Salmon to Anchorage.Credit Avery Lill / KDLGEdit | Remove

The bankrupt RavnAir Group sold off dozens of its small planes to several Alaska aviation companies at auction on July 7, but Ravn’s largest planes and most valuable airline operating certificates won’t be sold until July 8.

Calista has filed a confidential report under seal in their ongoing lawsuit against the corporation's former chairman, Wayne Don.
Teresa Cotsirilos/KYUK

A federal judge issued an injunction that prevents Alaska Native corporations from receiving part of Tribal funding set aside in the CARES Act.

Court Rules Native Corporations Can Receive CARES Act Money Intended For Tribes

Jun 29, 2020

A U.S. District Court judge in Washington, D.C. has ruled that Alaska Native corporations are eligible to receive part of the $8 billion Congress set aside to help tribes respond to the coronavirus pandemic.


The longtime executive director of Coastal Villages Region Fund has retired. Morgan Crow worked with CVRF for 22 years. His retirement became effective immediately on June 15. He was replaced by Eric Deakin, who had been working as Chief Operating Officer and has been with the organization since 2008.

After over a year at the organization, ONC Executive Director Ron Hoffman has decided to resign.
KYUK Staff

Bethel’s tribe, Orutsararmiut Native Council, has received a huge amount of money to deal with COVID-19’s impact on the community. ONC Executive Director Mark Springer says that the organization got $13.8 million in Federal CARES Act funding.  

Krysti Shallenberger / KYUK

A recent report from a financial research firm says that the proposed Donlin Gold mine in the Yukon-Kuskokwim Delta will never be built. The mine could be one of the biggest gold producers in the world if completed, but the research firm says that it costs too much to actually build. But that firm can make a lot of money off of its report, and one of the mining companies strongly disagrees with its conclusion. 

For First Time Since 2013, Alaska Permanent Fund Dividend Will Be Less Than $1,000

Jun 12, 2020
Alaskans file their Permanent Fund dividend applications in downtown Anchorage in March 2016.
Rachel Waldholz / Alaska Public Media

The Alaska Permanent Fund dividend going out in July will be $992. The amount announced on June 12 is $8 less than the Alaska Legislature estimated when it budgeted for the annual dividend.

Photo from the Alaska Housing Finance Corporation.

The state has allocated $10 million of federal CARES Act funds to help pay one month of housing costs for Alaskans behind in their rent or mortgage because of income lost during the pandemic.