J.C. Penney Co. Inc. stock plummeted 12.1% in Friday trading after the department store retailer announced that it received a letter from the New York Stock Exchange on August 6 alerting it that it is no longer in compliance with listing criteria. The criteria requires listed companies to maintain an average closing share price of Read More…
As the worldwide grounding of the Boeing 737 Max enters its sixth month, airlines are turning to older jets to help meet growing demand, prompting a surge in rental rates. “Used 800s are like a gold dust at the moment,” said Phil Seymour, CEO of London-based aerospace consulting firm IBA, referring to Boeing 737-800s, an older model Read More…
In a wealthy 2020 Democratic presidential field, Pete Buttigieg lags behind the pack. The South Bend, Indiana, mayor makes a comfortable living. He and his husband, Chasten, earned $152,643 last year, according to tax returns. Even so, Buttigieg made the least in 2018 out of the 13 Democratic presidential candidates who have released their tax Read More…
A sizable group of community banks are in various stages of consolidation, highlighting how the industry-wide merger and acquisition (M&A) trend is extending down market, as community and regional banks pursue greater scale and cost efficiencies. M&A fever has already gripped the nation’s super-regionals and top banks. BB&T announced in February that it was acquiring SunTrust for Read More…
The last time reporters and photographers scrambled after the Washington power lawyer Greg Craig as he entered the federal courthouse blocks from the Capitol, he was shepherding a high-profile defendant — Gen. James “Hoss” Cartwright — to face charges of lying in a leak investigation. On Monday, the press scrum will again descend on the Read More…
GILLETTE, Wyo. (AP) — Wyoming officials have approved a $2 million state loan to help renovate an events center. The Wyoming State Loan and Investment Board on Thursday unanimously approved the loan for remodeling parts of the Cam-Plex in Gillette. The Gillette News-Record reports the work began in July and will take about a year. The Read More…
Just before the close of the 2019 legislative session in Cheyenne, Rep. Landon Brown — then a 32-year-old staffer in the state’s Department of Environmental Quality — was contemplating resignation. The Legislature was approaching concurrence on a bill to raise its $109 per diem rates for some lawmakers that, thanks to a late amendment Read More…
The Montana Renewable Energy Association hosted the 9th Annual Montana Clean Energy Fair at the Gallatin County Fairgrounds on Saturday. The event brought hundreds from around the region to participate in workshops and demonstrations on topics including renewable energy policy, solar electricity and solar heating, batteries and energy storage, and more. “This is our big Read More…
Montana State University President Waded Cruzado always sounds upbeat, but she talks about the outlook for the upcoming school year as especially exciting. “We are very, very happy because we have many things to celebrate this coming year,” Cruzado said. Cruzado, 59, MSU’s first female president, spoke in an interview this week in the Montana Read More…
“We’re not going to be doing business with Huawei,” President Donald Trump told reporters on Friday, according to Bloomberg. Trump’s announcement will prohibit US agencies and companies from buying Huawei telecoms products, unless the US and China can come to an agreement over trade. Trump said “China wants to do something, but I’m not doing Read More…
HELENA — Helena non-profit Executives and Directors met Monday afternoon at the Power Block building with Republican Congressman Greg Gianforte. The roundtable meeting was held with intent to discuss concerns by each non-profit from Helena Food Share to Habitat for Humanity. Congressman Gianforte listened intently as they went around the table highlight this year’s achievements Read More…
As Montana Gov. Steve Bullock stood on the debate stage last week and listened to his 2020 rivals bicker and criticize one another, visions of a second term for President Donald Trump kept flashing through his mind. “I saw his reelection becoming more likely with each passing minute,” Bullock said Wednesday at the National Press Read More…
HELENA — Montana State Fund presented the Montana Building Industry Association (MBIA) with a $539,902 check Thursday morning for their efforts to improve workplace safety. MBIA instituted a Group Retention Insurance Program, or GRIP, which help foster safe workplaces for construction sites. “Montana State Fund applauds the efforts and determination of the Montana Building Industry Read More…
Montana Gov. Steve Bullock delivered a stern warning Wednesday that his fellow Democratic presidential candidates are putting the party at risk of losing to President Donald Trump in 2020. “We are well on our way to losing this election long before it ever even has really started,” he said in a speech at the National Read More…
GREAT FALLS — Second Lieutenant Jenna Schaack recently graduated from the United States Armor School in Fort Benning, Georgia, and is now the first female Armor Officer in the history of the Montana Army National Guard. After graduating in June, Schaack was assigned as a Platoon Leader with C Company, 1-163rd Combined Arms Battalion in Read More…
DEER LODGE – An official U.S. senate hearing on Montana’s national parks was held Thursday in a barn. Senator Steve Daines, who chairs the Senate’s subcommittee on national parks, held the hearing at the Grant-Kohrs Ranch in Deer Lodge to get feedback from those in the state’s tourism industry. The hearing focused on bringing more Read More…
The day the Bidens took over Paradigm Global Advisors was a memorable one. In the late summer of 2006 Joe Biden’s son Hunter and Joe’s younger brother, James, purchased the firm. On their first day on the job, they showed up with Joe’s other son, Beau, and two large men and ordered the hedge fund’s Read More…
The Supreme Court could for the first time take a case that strikes at the heart of the American opioid epidemic, thanks to an unusual lawsuit brought by the state of Arizona against members of the Sackler family and their pharmaceutical business Purdue Pharma. In a petition filed with the justices this week, Arizona Attorney General Mark Read More…
BISMARCK — U.S. Housing and Urban Development Secretary Ben Carson postponed a trip to North Dakota planned for Tuesday, Aug. 6, Sen. John Hoeven said Monday. Hoeven’s office announced the visit Monday afternoon but said just hours later that Carson’s schedule had changed. The Republican senator’s office said they were working to reschedule. Carson Read More…
FARGO, N.D. — North Dakota’s law banning Sunday shopping from midnight to noon is now history. Whatever it is you’re in the market for, you can now shop for it on Sunday mornings in North Dakota. That’s because the state’s Blue Laws have been lifted. “Well you’ve never been able to come until after lunch, Read More…
Gov. Mark Gordon announced Thursday that he would be ending a legal proceeding he initiated as state treasurer in 2016 over that office’s authority to approve contracts related to the state capitol building construction project. Gordon’s suit challenged the 2014 legislation that created the Capitol Building Rehabilitation and Restoration Oversight Group — the entity Read More…
LONDON (AP) – Police in Scotland say two pilots have been arrested on suspicion of being under the influence of alcohol or drugs before a scheduled flight to New Jersey. The flight, United Airlines 162 to Newark, New Jersey, was due to leave Glasgow Airport at 9 a.m. on Sunday. It was canceled after the Read More…
The country’s two largest newspaper chains agreed to combine their businesses in a roughly $1.4 billion deal, further consolidating an industry reeling from strong economic headwinds. New Media Investment Group Inc., the parent of GateHouse Media, is buying Gannett Co. in a cash-and-stock transaction, the companies said Monday. New Media will pay $6.25 in cash Read More…
BILLINGS, Mont. — This is the 96th year that the Marine Corps League is hosting their annual national convention, but for many veterans, this is their first time in the Magic City. Tom Lowry is a Marine Corps veteran himself and plays a key role in organizing the convention. “Coming in they wanted a western Read More…
More support is being thrown behind a plan to have the Federal Communications Commission (FCC) auction off mid-band spectrum for 5G use rather than allow satellite operators to conduct a private sale of an asset they received for free. U.S. Sen. John Kennedy, R-La., sent a letter to President Donald Trump on July 19 Read More…
HELENA — A third Democratic candidate has entered the 2020 race for Montana attorney general. Kalispell bankruptcy attorney Jim Cossitt registered with the state Commissioner of Political Practices’ office last week. He joins state Rep. Kim Dudik and Gov. Steve Bullock’s chief legal counsel, Raph Graybill, in the race for the Democratic nomination for the Read More…
Flathead High School Principal Michele Paine was surveying an assortment of old, at times decrepit, tables and shelves destined to be tossed or recycled last week as she prepared for the start of the school year. With the school gearing up to unveil its multi-million-dollar remodel later this month, Paine had decisions to make. “Education Read More…
Nearly half the bid and rental receipts from lease sales go to the states to directly support public education, infrastructure improvements and other state-determined priorities. The Bureau of Land Management (BLM) Montana/Dakotas raised $1.6 Million in its quarterly oil and gas lease sale held online July 30. Nearly 50 percent of the revenue from Read More…
The finding by the Federal Highway Administration puts pressure on the Obama Foundation to find a way to “resolve adverse effects” and turns up the heat on Mayor Lori Lightfoot to order the foundation to make those changes. Construction of the $500 million Obama Presidential Center will have an “adverse impact” on historic Jackson Park Read More…
NEW YORK (FOX 5 NY) – A drone made a successful commercial delivery in The Bahamas for the first time last month traveling more than 50 miles over land and water in 28 minutes. The flight on June 18 also marked the first time that a UAV (unmanned aerial vehicle) operated in controlled airspace at an active commercial international Read More…
A longtime former newspaper executive has been named the communications director for Montana Attorney General Tim Fox’s campaign for governor. Mike Gulledge, who was recently the regional publisher of the Missoulian, Billings Gazette and Ravalli Republic newspapers before taking a role with the University of Montana, begins the role for Fox immediately. “I’m honored to Read More…
As many Montanans know, cowboy boots can tell a unique story about your life, your family and where you come from. One Treasure State woman has created a successful business giving old boots new lives. Nikki Edmundson lives in Harrison, (approximately) pop.165, with her husband, a rancher, and four kids. “You’ll miss us if you’re Read More…
SACRAMENTO, Calif. (AP) — California’s Democratic governor signed a law Tuesday requiring presidential candidates to release their tax returns to appear on the state’s primary ballot, a move aimed squarely at Republican President Donald Trump. But even if the law withstands a likely legal challenge, Trump could avoid the requirements by choosing not to compete Read More…
A wolf trapper certification class scheduled for Billings aims to educate those willing to learn, how to properly trap and conserve in the state of Montana. The class will be a comprehensive education session taught by FWP staff and experienced wolf trappers. The trapping portion of each course will be taught by trappers who have Read More…
The Capital One hack is of the largest data breaches ever — and among those affected are some of the bank’s most financially vulnerable customers. The bank and the US Department of Justice revealed Monday that a hacker was able to access private data for more than 100 million Capital One customers. Social Security numbers, credit card applications, Read More…
Gloria Schmidt visits Pacific Steel and Recycling in Kalispell every couple of weeks to drop off her recyclables. On Monday morning she deposited a few boxes and newspapers into the appropriate bins, just like usual. Although it’s not a lot, it’s important to her to do what she can to help the environment. But a Read More…
BELGRADE – A bull that legend says no cowboy could ride now has a permanent tribute in downtown Belgrade. In the 1890s, a bull named Corbett rose to fame with a reputation for being gentle in the pasture and a wild bucker outside of it. Cowboys came from hundreds of miles away to hop on Read More…
BROWNING – Water issues in Browning forced a late start Tuesday morning for the staff at public schools. Staff say it’s unclear what happened overnight, but when they arrived at work the faucets weren’t working. Corrina Guardipee Hall, Superintendent for Browning Public Schools, wrote the following on the schools, Facebook Page: READ FULL STORY
A coalition of conservation and sportsmen groups on July 29 denounced the hiring of William Perry Pendley as the new acting co-director of the Bureau of Land Management (BLM), saying his support for selling off millions of acres of public lands puts him at odds with the agency’s core mission, which is to administer public Read More…
London (AFP) – British Prime Minister Boris Johnson on Monday urged EU leaders to drop their opposition to renegotiating Brexit, as the pound slumped on growing concerns about a no-deal departure. Johnson, who took office last week, wants to change the exit terms struck by predecessor Theresa May but insists he will leave the European Read More…