Featured Articles in Business

NorthWestern Energy Signs Massive Data Center Power Deals

NorthWestern Energy has announced agreements to supply significant amounts of electricity to two proposed data centers in Montana, with combined power demands set to exceed the capacity of the state’s newest gas-fired power plant. The development raises questions about Montana’s energy infrastructure and its ability to meet growing demand while maintaining reliable service. The larger Read More…

Montana Unemployment Rate Holds at Historic Low in November

Montana’s unemployment rate remained at 3.2% in November, continuing an unprecedented stretch of low unemployment that has persisted for 41 consecutive months, with rates at or below 3.4%. The state’s historic run surpasses the previous record set in 2006-2007 when unemployment rates stayed at or below 3.4% for 15 months. In November alone, Montana added Read More…

Frontier Asset Management Launches Actively Managed ETFs on the NYSE

Frontier Asset Management, an independent asset management firm, has officially launched its suite of actively managed exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). These ETFs are designed to enhance Frontier’s multi-asset Active ETF Strategies, with the goal of providing attractive risk-adjusted returns for investors. The Frontier ETF suite consists of six actively Read More…

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NorthWestern Energy Signs Massive Data Center Power Deals

NorthWestern Energy has announced agreements to supply significant amounts of electricity to two proposed data centers in Montana, with combined power demands set to exceed the capacity of the state’s newest gas-fired power plant. The development raises questions about Montana’s energy infrastructure and its ability to meet growing demand while maintaining reliable service. The larger Read More…

Montana Unemployment Rate Holds at Historic Low in November

Montana’s unemployment rate remained at 3.2% in November, continuing an unprecedented stretch of low unemployment that has persisted for 41 consecutive months, with rates at or below 3.4%. The state’s historic run surpasses the previous record set in 2006-2007 when unemployment rates stayed at or below 3.4% for 15 months. In November alone, Montana added Read More…

Frontier Asset Management Launches Actively Managed ETFs on the NYSE

Frontier Asset Management, an independent asset management firm, has officially launched its suite of actively managed exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). These ETFs are designed to enhance Frontier’s multi-asset Active ETF Strategies, with the goal of providing attractive risk-adjusted returns for investors. The Frontier ETF suite consists of six actively Read More…

Montana Receives $3.5 Million Grant to Support Laid-Off Sibanye-Stillwater Mine Workers

Gov. Greg Gianforte, U.S. Senator Steve Daines, U.S. Representative Ryan Zinke, and the Montana Department of Labor & Industry (DLI) announced that Montana has secured a $3.5 million federal grant to assist workers recently laid off from the Sibanye-Stillwater Mine in the state’s largest recent mining workforce reduction. “This grant is a vital step in Read More…

Montana Allocates $37 Million in Federal Housing Tax Credits to Build Affordable Homes

The Montana Department of Commerce announced today the allocation of more than $37 million in federal housing tax credits to support the construction of new affordable housing in five Montana communities. The funding will help address the growing need for affordable housing in the state, with 136 new homes planned in Billings, Bozeman, Dillon, Missoula, Read More…

Montana State University Students Win Big at Annual Big Idea Challenge

Montana State University students showcased their entrepreneurial spirit at the annual Big Idea Challenge on Nov. 7, earning $10,000 in prize money for innovative projects ranging from sustainable food products to medical equipment. The competition, hosted by the Jake Jabs College of Business and Entrepreneurship and MSU’s Blackstone LaunchPad, featured 12 finalist teams selected from Read More…

Montana Business Owners Notified to Report Equipment for 2025 Tax Year

The Montana Department of Revenue has issued a reminder to business owners with equipment reporting requirements to submit their reports for Tax Year 2025. Businesses and individuals owning business equipment with a total market value exceeding $1 million statewide as of January 1, 2025, must file their reports by March 1, 2025, to avoid a Read More…

Montana Department of Commerce Opens Applications for 2024 Big Sky Film Grant

The Montana Department of Commerce has announced the opening of the 2024 Big Sky Film Grant (BSFG), offering financial support to filmmakers creating projects that showcase Montana’s unique landscapes, culture, and talent. The grant program is open for applications until February 7, 2025 and is designed to foster growth and opportunities for Montana-based film and Read More…

North Dakota Development Fund Approves Over $6.6 Million in Loans

The North Dakota Department of Commerce announced today that 10 businesses have been approved for a combined total of $6,628,000 in loans through the North Dakota Development Fund, Inc. (NDDF). The funding aims to drive economic growth, create jobs, and address critical community needs across the state. “The NDDF is dedicated to fostering growth by Read More…

Steve Scheel Honored with North Dakota’s Theodore Roosevelt Rough Rider Award

Steve D. Scheel, the board chairman emeritus of SCHEELS, has been named the 50th recipient of North Dakota’s Theodore Roosevelt Rough Rider Award, the state’s highest honor for its citizens. Gov. Doug Burgum presented the award today, celebrating Scheel’s achievements in building SCHEELS into a leading retail brand known for its exceptional customer service, leadership, Read More…

NI Holdings Appoints Seth C. Daggett as CEO

NI Holdings, Inc. (NASDAQ: NODK) announced today that Seth C. Daggett will take on the role of President and Chief Executive Officer (CEO), effective December 1, 2024. Daggett, who has over 20 years of industry experience, most recently served as the Company’s Chief Financial Officer (CFO) and Treasurer. He succeeds Cindy L. Launer, who had Read More…

Micron Technology Announces Fiscal Q1 Earnings Conference Call for December 18, 2024

Micron Technology, Inc. (Nasdaq: MU) has announced that it will hold its fiscal first-quarter earnings conference call on Wednesday, December 18, 2024, at 2:30 p.m. Mountain Time. The call will be webcast live and can be accessed via the company’s Investor Relations website at http://investors.micron.com/. A replay of the presentation will be available on the Read More…

Montana-Based Glacier Bank Declares 159th Consecutive Quarterly Dividend

Glacier Bancorp, Inc. (NYSE: GBCI), the parent company of Montana’s Glacier Bank, announced on November 20, 2024, that its Board of Directors declared a quarterly dividend of $0.33 per share. This marks the company’s 159th consecutive quarterly dividend and highlights its impressive track record of 49 dividend increases since its founding. The dividend will be Read More…

Bridger Aerospace Reports Record Q3 Results and Raises 2024 Revenue Guidance

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, has announced record financial results for the third quarter of 2024, marking a strong performance driven by high demand for its Super Scooper fleet. As a result, the company has raised its revenue guidance for the year and narrowed Read More…

7k Metals Unveils Limited-Edition 1-Kilo Grand Canyon Silver Coin for Black Friday 2024

Idaho-based 7k Metals is set to make waves in the numismatic world with the launch of one of its largest and most innovative coins: the 1-kilo Grand Canyon silver coin. This impressive collector’s piece, part of the company’s Topography collection, will debut on Black Friday, November 29, 2024, with a limited minting of just 77 Read More…

Warren Buffett Trims Apple Stake Amid Broader Selling Streak at Berkshire Hathaway

Legendary investor Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B), continues to captivate the financial world with his investment moves. As of November 14, Berkshire’s Class A shares have delivered a staggering cumulative return exceeding 5,660,000% under Buffett’s nearly six decades of leadership. Recent filings with the Securities and Exchange Commission (SEC) reveal Read More…

Bridger Aerospace Group Holdings to Announce Third Quarter Financial Results

Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”) (NASDAQ: BAER, BAERW), one of the largest aerial firefighting companies in the United States, has announced that it will release its financial results for the third quarter ending September 30, 2024, on Monday, November 11, 2024, after the market closes. Management will host an investor conference Read More…

ComEd to get $50 million grant from taxpayer funds for Rockford grid expansion

(The Center Square) – Tens of millions of federal tax dollars are coming to Illinois to further support Rockford’s electric grid. During an event in front of a banner saying “Biden-Harris Administration; Investing in America,” Gov. J.B. Pritzker announced the $50 million in federal tax funds coming to the community to help achieve his “ambitious Read More…

Montana State University Extension to Host Inaugural Cattle Academy in Miles City

Montana State University (MSU) Extension is set to launch the first Cattle Academy, a biennial regional conference for beef cattle producers, on November 19-20 at the Custer County Event Center, located at 72 Garryowen Road. The Cattle Academy aims to equip beef cattle producers with valuable insights on contemporary topics, current research, and innovative technologies Read More…

Daines Criticizes Biden Administration’s Mining Regulations as “Cynical”

U.S. Senator Steve Daines today condemned new guidance issued by the U.S. Department of the Treasury regarding the Advanced Manufacturing Production Credit (45X), labeling it a “cynical and desperate attempt to get votes before the election.” Daines’ remarks came after the Treasury made minor adjustments to its draft guidance, which he had previously criticized for Read More…

Gianforte Celebrates $700 Million Investment in Montana’s Energy Infrastructure

Governor Greg Gianforte joined community leaders today to announce a $700 million investment aimed at enhancing affordable and reliable energy in Montana through the North Plains Connector Interregional Innovation project. This initiative will establish the first high-voltage transmission line connecting Montana’s eastern and western power grids. “Access to affordable and reliable energy is a top Read More…

California may lose two more refineries, would have to rely on gas from abroad

(The Center Square) – Short on the heels of another major refinery closure, Valero signaled it is considering closing its two California refineries that produce over 14% of the state’s gasoline. Refinery closures already have the state importing 8% of its gasoline supply, which means the state could soon have to significantly increase its imports Read More…

Wyoming Business Council Launches Job Board

The Wyoming Business Council (WBC) is proud to announce the launch of a new Job Board through Wyoming Venture Capital (WYVC), aimed at enhancing support for its portfolio companies and partners. This initiative addresses the ongoing challenges of recruiting qualified talent in Wyoming while providing job seekers with a streamlined resource to explore employment opportunities Read More…

Montana State University to Host 18th Annual Agricultural Economics Conference

Montana State University’s Department of Agricultural Economics and Economics, in collaboration with MSU Extension, will host the 18th Annual Agricultural Economics Conference from 9 a.m. to 3 p.m. on Friday, November 8. The event will take place at the Best Western GranTree Inn, located at 1325 N. Seventh Ave. in Bozeman. This year’s conference is Read More…

Red Lobster Appoints New CEO Amid Bankruptcy and Menu Overhaul

After closing over 100 locations and filing for Chapter 11 bankruptcy protection in May, Red Lobster has announced the appointment of Damola Adamolekun as its new CEO. The seafood restaurant chain, which has been a staple for 56 years, has faced significant challenges, including a leadership shake-up with five CEOs since 2021. Adamolekun, 35, expressed Read More…

Montana Launches New Grant Program to Boost Rural and Tribal Agritourism

The Montana Department of Commerce has announced the launch of a new grant program aimed at supporting rural and tribal agricultural businesses while promoting economic diversification throughout the state. The funding will be provided through the newly established Agritourism Grants Program. Paul Green, Director of the Montana Department of Commerce, stated, “This new grant program Read More…

Boeing’s ‘Final Offer’ Falls Short for Striking Workers, Says Union

Boeing announced Monday that it had made a “best and final offer” to its striking machinists, including bigger pay raises and larger bonuses. However, the workers’ union quickly rejected the proposal, stating it wasn’t sufficient, and no ratification vote would occur before Boeing’s deadline at the end of the week. The union criticized Boeing for Read More…

Governor Celebrates Opening of Ultimate Defense Technologies Headquarters in Billings

Governor Greg Gianforte cut the ribbon  on the new headquarters and production facility for Ultimate Defense Technologies in Billings, a weapons safety manufacturer expected to create nearly 90 jobs for Montanans. “Thanks to our pro-business policies and strong Second Amendment heritage, businesses like Ultimate Defense Technologies are choosing to relocate to Montana,” Gov. Gianforte said. Read More…

GTUIT Secures Two Key Patents for Gas Processing Technologies

In July, GTUIT was awarded two significant patents that enhance its gas processing capabilities. The first patent, 12,025,373, titled “System and Method for Treating Associated Gas,” is central to GTUIT’s innovative technology. It features a liquid chiller designed to maintain a stable thermal reservoir, allowing for consistent treatment of associated gas, even amid rapid fluctuations Read More…