In an email to staff, Anchorage Daily News President and CEO Ryan Binkley cited drastic losses that COVID-19 has inflicted on the company’s revenues from advertising and events.
Business
Self-employed workers will have to wait at least a month for benefits, state labor official says
Self-employed workers or those working in the gig economy who lost work due to the coronavirus will have to wait at least four weeks before applying for benefits, Alaska’s Department of Labor and Workforce Development said.
Will the oil price crash disrupt the BP-Hilcorp deal? Alaska state regulators want to know.
State regulators have asked Hilcorp, the independent oil company buying BP’s Alaska assets, to disclose whether and how the pandemic-driven crash in oil prices will affect its ability to seal the $5.6 billion deal.
Applications flood in for Juneau small business loans in first 24 hours
“The goal is to first stop the fire. You know, the fire’s going, stop the fire,” says business owner Venietia Santana. “There’s a bunch of bills right now that are just on hold to pay.”
Business bruised by COVID-19? The federal government may have $10,000 for you.
The Small Business Administration says it’s ready to make immediate “loan advances” of up to $10,000 to companies hurt by the coronavirus.
Regulators, industry groups push for change to alcohol sales rules to accommodate coronavirus closures
Alaska alcohol regulators and lobbyists are asking the governor to relax rules barring takeout and curbside pickup of alcoholic beverages.