The net profits tax engineered under the previous administration will bring the state $800 million less than expected this year.

That's according to a report issued by Governor Sarah Palin's administration.

The report says the main problem is that industry capital and operating expenses -- which now can be deducted from profits before taxes -- are twice as high as proponents predicted.

Palin says she wants a special session called to take a second look at the net profits tax -- also called the PPT -- favored by Governor Murkowski when he was in office.

Alaska State Troopers are looking for Rex DeFrance, 25, of Tok, who has a $50,000 warrant for his arrest on charges of two counts of attempted murder stemming from an assault in the Tok area on 8/10/07. DeFrance was last seen in the Tok area on 8/10/07. Anyone with information regarding his whereabouts can call Crimestoppers at (907)456-2583 or Alaska State Troopers in Fairbanks at (907)451-5100.

It took a bear mauling for a Shaktoolik man to marry his longtime girlfriend.

Thirty-two-year-old Shawn Evan nearly died when a grizzly bear mauled him July 31st.

He says that he thought of his 31-year-old girlfriend, Lydia Jackson, and their two children as his hunting companions rushed him back to the village by boat after the bear attack.

Jackson was waiting for him. She's the health aide at the village clinic.

Jackson was able to replace lost fluid and clean his splintered bones until Evan was flown to Anchorage.

The search for an Anchorage nurse who's been missing for two weeks is ongoing. 52-year-old Mindy Schloss has been missing since August 3rd. The Anchorage Police Department searched the wooded areas of the Ted Stevens Anchorage International Airport and sections of Kincaid Park yesterday. The area is being searched because it's between Schloss' home and an air cargo terminal at the airport, where her red Acura sports car was found last Thursday. Police K-9 Unit Sergeant Tony Henry says foul play is strongly suspected and the wooded areas would be a perfect place to cover up a crime.

A total of seven deaths have been confirmed in the aftermath of two deadly plane crashes this week. Five peole were killed when the plane they were flying in went down near Ketchikan yesterday afternoon. Alaska State Troopers say a Dehavilland Beaver owned by Seawind Aviation was on a bear viewing trip yesterday, when it dropped into Traitors Cove. Three people survived the crash, but five were killed. Their identites have not been released. The Alaska State Troopers are heading up the investigation.

The Anchorage Police Department is investigating the death of a Native man whose body was found on the Seward Highway Tuesday morning. Anchorage police have identified the man as 37-year-old Nickline Percy Noatak. His body was discovered by a passing motorist near the Potter Marsh weigh station. Anchorage police detective Mark Huelskoetter says the man has been known to visit the Brother Francis Shelter and the Downtown area.

Scientists say a volcano erupting in the Aleutian arc could be building up for a major eruption.

Alaska Volcano Observatory Seismologist Steve McNutt says a major eruption of Pavlof Volcano could create enough ash to threaten air travel.

He says the volcano lies directly in the path of hundreds of commercial flights, and if ash gets into their engines they can seize up.

He says the volcano, about 600 miles southwest of Anchorage, began erupting Wednesday and is now spitting out a significant amount of lava.