Energy News

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Billings-area electric co-op rates compare well, at average usage, CEO says

Residential electric rates for one of Montana’s largest rural cooperatives compare well to NorthWestern Energy, when measured at the co-op customers’ average usage, says the co-op’s CEO. “We compete very well, actually,” Yellowstone Valley Electric Co-op CEO Brandon Wittman told MTN News. “So, is it fair to compare? It is, at the correct usage.” In Read More…

Small Business News

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9 Montana Communities Awarded Main Street Program Grants

HELENA, Mont. – Nine Montana communities will share $118,000 through the Montana Main Street Program to support historic preservation, wayfinding, and revitalization plans for their downtowns. “Montana’s vibrant and charming towns are what attracts visitors, keeps residents and encourages downtown business growth,” Montana Department of Commerce Director Tara Rice said. “These Montana Main Street Program grant dollars Read More…

Montana Business News

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KOA seeing nationwide cancellations of campgrounds because of coronavirus

Kampgrounds of America (KOA) finds itself on the front lines dealing with the COVID-19 outbreak. Not only has the coronavirus forced the company’s Billings headquarters into a “work-from-home operation”, but KOA’s network of campgrounds nationwide are front and center as the country fights back against the virus. President and CEO Toby O’Rourke took to the Read More…

Billings Shiloh Crossing restaurants see less weekend customers after stay at home directive

BILLINGS — Billings restaurants in the Shiloh Crossing shopping complex are seeing up to a 50 percent loss of sales Saturday following Governor Steve Bullock’s directive to stay at home. “As you can see, around the parking lot, it’s been dead. Our revenue has been cut in half. It’s just been me and my manager doing everything since Read More…

National Business News

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More than 6 million unemployment claims were made last week, Labor Department says

Unemployment claims have spiked to 6.65 million across the country, the Department of Labor said in a press release on Thursday. Unemployment claims have doubled since last week when the Labor Department reported that about 3 million people were seeking unemployment. That figure was already by far the highest number of unemployment claims the department had ever seen. READ Read More…

Theranos founder Elizabeth Holmes to face trial separate from ex-lover

Theranos founder Elizabeth Holmes will head to trial apart from fellow C-suite exec and one-time lover, Ramesh “Sunny” Balwani, according to a report. Holmes, who served as the company’s CEO, will head to trial starting Aug. 4 with a separate jury from Balwani, who will be tried following the conclusion of Holmes’ case, Bloomberg reported. The judge did not provide any Read More…

SoftBank strategy shifts from long-term domination to short-term survival as Vision Fund prepares for global downturn

About 10 years ago, SoftBank released a slideshow presentation on the company’s 300-year plan. “Unknown virus” got one reference, on slide 69 of 133. Perhaps coronavirus will just be a blip in the company’s long-term plan for world domination. Perhaps SoftBank’s vision of investing in artificial intelligence and other dominant technology companies will pay off in the long run, Read More…