Energy News

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U.S. LNG exports up again in March on global panic buying

(The Center Square) – U.S. LNG exports hit record-high 11.7 million metric tons in March as new plants in Texas ramped up production while supply disruptions caused by the war in the Middle East drove global gas prices sharply higher, according to preliminary LSEG data. Asian benchmark LNG prices spiked above $22 per million Btu Read More…

Constellation Energy Has a Complicated Week

It has been a week of mixed signals for Constellation Energy (Nasdaq: CEG), the nation’s largest nuclear power operator. A string of setbacks — regulatory delays, a major asset sale, a director departure, and a price target cut — weighed on shares even as analysts maintained an overwhelmingly bullish long-term outlook on the Baltimore-based company. Read More…

Small Business News

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Treasury Permanently Ends Beneficial Ownership Reporting for U.S. Businesses

WASHINGTON — The Treasury Department has permanently eliminated beneficial ownership reporting requirements for U.S. companies and individuals, cementing a major rollback of the Corporate Transparency Act that the Trump administration says will reduce regulatory costs for millions of businesses. The Financial Crimes Enforcement Network, or FinCEN, issued a final rule Friday removing U.S. companies and Read More…

Wyoming Businesses Eligible for SBA Disaster Loans After Drought Declaration

Small businesses and nonprofit organizations in parts of Wyoming are now eligible for low-interest federal disaster loans following a drought declaration issued by the U.S. Small Business Administration. The assistance is available to businesses in Goshen County, Laramie County, and Niobrara County, which were included in a multi-state disaster declaration covering drought conditions that began Read More…

Montana Business News

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Teton Auto Group Expands Into Montana With Bozeman Dealership Acquisition

Idaho Falls-based Teton Auto Group has acquired Audi of Bozeman and Volkswagen of Bozeman, marking the family-owned auto retailer’s first expansion into Montana and adding the Audi luxury brand to its portfolio for the first time. The transaction became effective August 10. The two Bozeman dealerships join Teton Auto Group as established, award-winning operations with Read More…

National Business News

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Tim Cook to Step Down as Apple CEO, Hand Reins to John Ternus

For most of the past 15 years, the hardest question surrounding Tim Cook was whether he could follow Steve Jobs. He answered it by building a different kind of Apple. Cook didn’t replicate Jobs’s theatrical product instincts or preside over another invention quite as culturally disruptive as the Macintosh, iPod or iPhone. Instead, the industrial Read More…

Walmart to Pay $50 Million in Opioid Settlement

Walmart Inc. has agreed to pay $50 million to resolve federal allegations that its pharmacies illegally filled thousands of invalid prescriptions for opioids and other controlled substances, the Justice Department and the Drug Enforcement Administration announced. “Today’s settlement proves this Department is committed to putting Americans’ flourishing first,” said Associate Attorney General Stanley Woodward. “Congress Read More…

MINNEAPOLIS FED PAPER MODELS THE GAINS FROM OPENING GLOBAL CAPITAL MARKETS

Removing the barriers that keep capital inside national borders would raise welfare in the typical country by about 5.5% of labor income — and would concentrate economic activity among the world’s largest firms while pushing smaller ones to contract, according to a working paper released by the Federal Reserve Bank of Minneapolis. The paper, by Read More…