Latest Stories
Ho-Chunk Inc. names chief financial officer (05/08)
Ho-Chunk Inc., the economic development corporation of the Winnebago Tribe of Nebraska, has named a new chief financial officer. Dennis Johnson is a member of the Red Lake Band of Chippewa Indians of Minnesota. He has been serving as controller...
Jodi Rave: Native American Bank CEO put on leave (05/08)
"The CEO and president of the Native American Bank, the only multi-tribe-owned national bank in the country, has been placed on administrative leave. “I'm shocked and surprised,” said J.D. Colbert on Wednesday. The NAB board of directors will meet Friday...
Pojoaque Pueblo plans community kitchen (05/07)
Pojoaque Pueblo in northern New Mexico is laying plans for a commercial community kitchen that will help small businesses. Vicente Roybal, the tribe's director of agricultural resources, said he was motivated by the success of commercial kitchens elsewhere in the...
Anchorage Daily News series on rural economies (05/05)
The Anchorage Daily News is running a series on rural economies and is putting some focus on Alaska Natives. Today's story highlights the lack of banking services in rural Native villages. Even though residents are far from cash poor --...
Umatilla Tribes open technology business (04/29)
The Confederated Tribes of the Umatilla Reservation opened a new technology business aimed at diversifying the tribal economy. Cayuse Technologies is a partnership with Accenture, a management consulting and technology services company. The company will employ about 450 people,...
Cherokee Nation weighs tobacco tax suspension (04/25)
The Cherokee Nation of Oklahoma is considering a suspension of its tobacco tax in order to help retailers who have been affected by a state crackdown on cigarette sales. The tribe imposes a tax of 50-cents per pack on cigarettes....
Oklahoma weighs action on tribal tobacco (04/23)
The Oklahoma Tax Commission is considering action to reduce the sale of low-tax cigarettes by tribal retailers. The state could re-impose an emergency rule that limits sales at tribal smoke shops that near the Kansas, Texas and Missouri borders. Or...
Hopi village to break ground on $100M project (04/23)
A village on the Hopi Reservation in Arizona will break ground in July on a $100 million economic development project. Described as the "Gateway to Hopi Land," the project includes a motel, conference center, office complex, bank, a business center...
Alaska Native corporation names new president (04/22)
Doyon Ltd., an Alaska Native regional corporation, named Norm Phillips as its new president and chief operating officer. Phillips, who has worked for the corporation in the past, replaces Orie Williams, who was forced out of office by shareholders last...
Alaska Native corporation reports drop in profits (04/22)
Cook Inlet Region Inc., an Alaska Native regional corporation, reported a drop in profits and revenue in 2007. CIRI took in $132 million last year, down from $207.9 million in 2006. Profits were $56 million, down from $108.8 million...
State rejects lower tobacco tax for Cherokee Nation (04/21)
The state of Oklahoma won't agree to lower the tobacco tax rate for the Cherokee Nation, The Muskogee Phoenix reports. The tribe's compact calls for a tax of 86 cents per pack. But the tribe believes it is entitled...
Hopi corporation plans $92.5M economic project (04/15)
A non-profit economic development corporation established by the Hopi Tribe of Arizona is moving forward with a 92.5 million project. The Moenkopi Developers Corporation, Inc. envisions a major retail, lodging and commerce center in the Upper Village of Moenkopi....
BIA holds economic development summit (04/14)
The Bureau of Indian Affairs is hosting the 10th annual Great Plains Tribal Economic Development Summit on Tuesday and Wednesday. The Great Plains Regional Office of the BIA puts on the summit in Sioux Falls, South Dakota. Featured speakers include...
Yakama Nation shuts down basketball team (04/11)
The Yakama Nation of Washington shut down its professional basketball team on Thursday. The tribe bought the Yakima Sun Kings in 2005. The team was renamed the Yakama Sun Kings and went on to win two championships. But some tribal...
Native American Bank doubles income in first quarter (04/11)
The Native American Bank reported an "exemplary" first quarter in 2008. The bank earned $234,000, up 102 percent from the first quarter in 2007. Total interest income rose by 20 percent to $1.9 million and revenue was nearly $2.2 million,...
Winnebago Tribe, corporation strengthen ties (04/09)
The Winnebago Tribe of Nebraska plans to work more closely with its award-winning economic development corporation, Ho-Chunk Inc. The tribe and HCI will develop a financial reporting system and communications plan in hopes of avoiding disputes. The move came after...
Cherokee Nation wants lower tobacco tax rate (04/09)
The Cherokee Nation of Oklahoma says it's entitled to a lower tax rate on tobacco products. Under its compact with the state, the tribe collects a tax of 86 cents per pack. A special provision allows a tax of 6...
Kiowa Tribe reopens Indian City with Shakopee help (04/09)
The Kiowa Tribe has reopened Indian City USA with a $1 million grant from the Shakopee Mdewakanton Sioux Community of Minnesota. Built in 1955, Indian City houses a museum, gift shop, reconstructed tribal villages, a campground, a small buffalo herd...
Muscogee Nation considers tobacco tax compact (04/03)
The Muscogee Nation has revived negotiations over a tobacco tax compact amid limitations being placed on the sale of Philip Morris cigarettes. The tribal council will likely consider the compact this month, the tribe's tax commissioner said. The state previously...
North Dakota tribe nears oil tax agreement with state (04/03)
The Mandan, Hidatsa and Arikara Nation is near an oil tax agreement with the state of North Dakota, Chairman Marcus Wells Jr. said. The deal would resolve differing tax rates on Indian and non-Indian land on the Fort Berthold Reservation....
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