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MONEY / FINANCE

Money

UPDATE: ConocoPhillips says Alaska will be affected by expected job cuts

Money

Burger King to McDonalds: Let's make a McWhopper

Money

ConocoPhillips president discusses future Alaska investments

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Bristol Bay Native Corporation announces fuel businesses purchase

Money

Nissan recalls 270K vehicles worldwide to fix ignition buttons

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  • Money

    UPDATE: ConocoPhillips says Alaska will be affected by expected job cuts

    by KTVA CBS 11 News on Sep 01, 11:35

    Energy company ConocoPhillips has confirmed that it is making more cuts to its 18,100-member global workforce — and Alaska will again be affected by those cuts. The company confirmed Tuesday afternoon that it expects approximately 10 percent of its global workforce to be impacted through those reductions. ConocoPhillips says the biggest proportion of the cuts will […]

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    Burger King to McDonalds: Let’s make a McWhopper

    by Associated Press on Aug 26, 16:27

    This probably isn’t what the United Nations had in mind when it established the International Day of Peace: Burger King is asking McDonald’s to join forces to create a “McWhopper.” In full-page newspaper ads Wednesday, Burger King says it’s calling for a truce with McDonald’s so that they can create a mashup of their most […]

  • Money

    ConocoPhillips president discusses future Alaska investments

    by KTVA CBS 11 News on Aug 06, 8:49

    Broadcast live streaming video on Ustream

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    Bristol Bay Native Corporation announces fuel businesses purchase

    by Associated Press on Aug 03, 16:09

    Officials with Bristol Bay Native Corp. are announcing the purchase of two fuel businesses in Dillingham. Officials say the acquisitions of Bristol Express Fuels Inc. and Bristol Commercial Properties LLC were completed Friday. According to the Native corporation, Bristol Alliance Fuels will operate a nearly 3 million-gallon tank farm, a Bristol Express retail gas station […]

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    Nissan recalls 270K vehicles worldwide to fix ignition buttons

    by Associated Press on Jul 15, 11:56

    Nissan is recalling about 270,000 vehicles worldwide because the ignition start buttons can malfunction and unexpectedly shut down the engine. The company says the recall covers certain Note, Cube, Juke, Leaf and Venucia e30 vehicles as well as the Serena, March and Micra. Also included are Latio and Versa sedans, and the Sunny, Almera, Tiida. […]

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    Chalupas on demand: Taco Bell starting delivery service

    by Associated Press on Jul 08, 10:30

    Getting your Taco Bell fix may soon get a whole lot easier. The restaurant chain is starting delivery service on Wednesday in certain markets in a partnership with the startup delivery company DoorDash. Delivery will be available initially in more than 90 cities and more than 200 restaurants around Los Angeles, San Francisco and Dallas. […]

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    Glitch halts trading on New York Stock Exchange

    by Associated Press on Jul 08, 8:10

    Trading was halted on the New York Stock Exchange in the late morning because of a technical issue. The halt occurred at about 11:30 a.m. Eastern time Wednesday. The exchange said in a statement that it was experiencing a “technical issue” that it was working to resolve as quickly as possible. Before trading was halted, […]

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    Ford recalls 433K cars because of software problem

    by Associated Press on Jul 03, 7:38

    Ford is recalling 433,000 vehicles, including 2015 Focus, C-MAX and Escape models, because of a software problem that could keep their engines running after drivers try to shut them down. Ford Motor Co. says there is a flaw in the body control module software in the vehicles. As a result of the problem, the engine […]

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    Federal regulators go after crowdfunding scammers

    by Associated Press on Jun 11, 9:10

    Federal regulators are going after people who raise money online through crowdfunding sites like Kickstarter and GoFundMe but don’t follow through on their promises. In its first case involving crowdfunding, the Federal Trade Commission announced Thursday that it has settled charges against a man who raised $122,000 through Kickstarter to produce a board game that […]

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    Mazda adds 540,000 vehicles to Takata air bag recall

    by Associated Press on Jun 05, 7:08

    Mazda is recalling nearly 540,000 cars and pickup trucks in the U.S. and Canada to fix air bags that potentially can explode with too much force. The automaker says in documents posted by safety regulators that it’s recalling nearly 503,000 cars to fix driver’s air bags and another 35,000 small pickup trucks to fix passenger […]

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    Alaska joins feds in lawsuit against cancer charities allegedly scamming donors

    by Shannon Kemp on May 19, 18:11

    Four cancer charities are at the heart of a lawsuit filed Monday alleging they conned donors out of more than $187 million. The Federal Trade Commission is spearheading the lawsuit, along with the attorney generals from Alaska and other states. The lawsuit charges four charities — Cancer Fund of America, Inc. (CFOA), Cancer Support Services, Inc,. […]

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    Bethel teen’s shop offers fashion and socializing

    by Daysha Eaton / KYUK Radio on Apr 23, 16:34

    BETHEL  – A Bethel teen has started her own business, a women’s clothing consignment store. The 17-year-old senior at Bethel Regional High School opened ‘Arctic Belle Boutique’ in November, making her one of the community’s youngest entrepreneurs. Kate McWilliams describes a new item that just arrived in her store as she displays it on a […]

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    Royal Dutch Shell to buy BG Group in $69.7 billion takeover

    by Associated Press on Apr 08, 10:13

    Royal Dutch Shell says it has agreed to buy BG Group for 47 billion pounds ($69.7 billion). A joint statement Wednesday says the boards of both companies are recommending that shareholders approve the takeover. Energy companies are looking to reduce costs and become more efficient in the wake of tumbling oil prices. One route is […]

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    Dept. of Labor: Unemployment dropped in all 50 states in 2014

    by KTVA CBS 11 News on Mar 09, 16:26

    Unemployment rates in all 50 states dropped in 2014, according to a report released by the U.S. Bureau of Labor Statistics – something that hasn’t happened in 30 years. Alaska’s unemployment rate dropped from 6.9 percent in 2013 to 6.8 percent in 2014, making Alaska one of the two states with the least amount of change in […]

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    SkyMall files for Bankruptcy

    by Associated Press on Jan 23, 11:19

    Apparently, airline passengers aren’t buying enough garden gnomes, superhero pajamas and heated cat shelters. SkyMall has filed for bankruptcy. The quirky in-flight shopping catalog has been a mainstay on airlines for more than three decades. Passengers with nowhere to go would pull it from the seatback and flip through the pages. While flying high over Iowa, they […]

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    US consumer sentiment at highest point in 8 years

    by Associated Press on Dec 23, 9:16

    A survey finds U.S. consumers are more optimistic about the economy than at any other time in the past eight years, buoyed by more jobs and falling gas prices. The University of Michigan says its index of consumer sentiment has jumped to 93.6 from 88.8 in November. That’s the highest level since January 2007, nearly […]

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    Ugly sweater season boosts local thrift store sales

    by Heather Hintze on Dec 11, 19:35

    The Salvation Army Thrift Store on Dimond Boulevard can barely keep up with the demand for sweaters: Ugly sweaters, that is. “When the store opens people just go in and start grabbing,” said Janell Skibicki. It’s that time of year when holiday parties are in full swing and ugly sweaters are a central theme. Dec. 12 […]

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    Is a recession inevitable for Alaska?

    by Alexis Fernandez on Dec 11, 6:57

    With low oil prices top of mind in Alaska, some economists are tossing around the word “recession.” Is it inevitable? Neil Fried, economist with Alaska’s Department of Labor and Workforce Development says — maybe. “It all depends on how long and low oil prices go, and I’m not about to try to answer that question,” […]

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    ACS sells wireless customer base to GCI for $300 million

    by KTVA CBS 11 News on Dec 04, 13:10

    GCI (General Communication, Inc.) announced in an online statement Thursday it has reached an agreement to purchase the current wireless subscriber base from ACS (Alaska Communications System Group, Inc.) for $300 million. “The two companies have agreed upon a service transition plan for Alaska Communication customers. This will ensure a seamless continuation of service as they are […]

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    5 Cyber Monday tips for hacker-proof shopping

    by Eliene Augenbraun / CBS News on Dec 01, 6:37

    Americans spent some $263 billion shopping online in 2013, with over $2 billion spent on Cyber Monday alone. This year is on track to be even bigger. But as you shop for the perfect holiday gift, hackers are shopping for you. This time of year is rife with email scams, deceptive advertising and criminals lurking to steal information from […]