News
Pay, baby, pay: Some Alaska gubernatorial candidates consider raising oil taxes
7+ hour, 43+ min ago (1658+ words) Should Alaska impose higher taxes on its oil and gas industry? For several candidates in the crowded race for governor, the answer is a resounding yes. Alaska's oil revenue has made up the backbone of the state budget since oil…...
Anchorage Mayor La France proposes new housing development tax breaks
8+ hour, 18+ min ago (816+ words) Mayor Suzanne La France on Tuesday announced plans to add to the growing list of tax breaks intended to encourage housing development in Anchorage. La France proposed a new tax incentive to reduce property taxes for first-time homebuyers and a…...
Removal of namesake Sullivan challenger from Alaska's Senate race could violate US Constitution, attorney says
10+ hour, 27+ min ago (529+ words) A decision by Alaska's election officials to remove a namesake challenger to incumbent U. S. Sen. Dan Sullivan from Alaska's ballot violates the U. S. Constitution, according to an attorney advising the Alaska Legislature. Alaska Division of Elections director Carol Beecher, a Republican, wrote…...
Iran will reopen the Strait of Hormuz and can sell oil freely under deal with the US, officials say
6+ hour, 29+ min ago (1365+ words) DUBAI, United Arab Emirates " Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U. S. to end the war is signed and will be allowed to sell its oil without restrictions, according to leaked…...
Alaska LNG tax break lacks needed Senate votes, some lawmakers say
20+ hour, 24+ min ago (922+ words) Members of the Alaska Senate's majority coalition said Tuesday that a tax break for the proposed trans-Alaska natural gas pipeline currently lacks the votes to advance in the Senate. Because lawmakers are meeting in a special session that ends on…...
Senate fails to advance war powers resolution to halt US action against Iran
21+ hour, 26+ min ago (692+ words) WASHINGTON " The Senate tried and failed again Tuesday to advance a war powers resolution that would halt the U. S. military action against Iran, in what has become an almost weekly effort to rein in President Donald Trump as the administration floats…...
Trump signals swift return of sanctions on Russian oil as G7 refocuses on Ukraine
1+ day, 5+ hour ago (985+ words) EVIAN-LES-BAINS, France " The United States could soon reimpose sanctions on Russian oil shipments after President Donald Trump and fellow leaders at the Group of Seven summit of major industrialized democracies moved Tuesday to put the war in Ukraine back on…...
Trump goes after Netanyahu as he pursues deal with Iran, putting their friendship to the test
1+ day, 40+ min ago (689+ words) Israeli Prime Minister Benjamin Netanyahu told President Donald Trump last year that he was the "greatest friend Israel ever had in the White House." Now, as Trump tries to finalize a deal to end the war with Iran, he's unloading…...
People are betting on elections in prediction markets. Congress is watching.
1+ day, 1+ hour ago (1297+ words) WASHINGTON " As Spencer Pratt fell behind in the Los Angeles mayoral primary, an unexpected group began claiming election fraud: people tracking the Republican's success on prediction markets, the increasingly popular online exchanges on which people can make bets on almost…...
Iran and US reach an initial deal to end the war and open the Strait of Hormuz, but challenges remain
1+ day, 14+ hour ago (1147+ words) DUBAI, United Arab Emirates " The United States and Iran reached an initial agreement Monday that would extend their shaky ceasefire and lead to the reopening of the Strait of Hormuz, but significant challenges remain to ending the war, including whether…...