Featured Articles in Business

Montana’s Unemployment Rate Falls to 3.4%

Montana’s unemployment rate ticked down to 3.4% in May, Gov. Greg Gianforte announced, remaining below the national unemployment rate, which held steady at 4.3% over the month. “Since taking office, we’ve been focused on unleashing Montana’s economy to support business owners who create good-paying jobs, strengthen our workforce, and reduce barriers to employment,” Gianforte said. Read More…

Snap Spins Off Gen-AI Video Team to Form Dotmo, a New Independent Firm

Social-media company sheds in-house AI video unit as it looks to rein in the rising costs of developing generative-AI models and immersive gaming products Snap Inc. is carving out its generative-AI video team into a new, independent company called Dotmo, the latest move by the social-media giant to manage the soaring costs of building artificial-intelligence Read More…

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Montana’s Unemployment Rate Falls to 3.4%

Montana’s unemployment rate ticked down to 3.4% in May, Gov. Greg Gianforte announced, remaining below the national unemployment rate, which held steady at 4.3% over the month. “Since taking office, we’ve been focused on unleashing Montana’s economy to support business owners who create good-paying jobs, strengthen our workforce, and reduce barriers to employment,” Gianforte said. Read More…

SpaceX Becomes World’s Fifth Most Valuable Company

Stock’s blistering post-IPO run has investors betting on Musk’s broader ambitions in AI, even as some analysts call the valuation overheated Space Exploration Technologies Corp., the Elon Musk-led rocket and satellite company known as SpaceX, vaulted past Amazon.com in market value this week, becoming the world’s fifth most valuable public company in just three trading Read More…

Snap Spins Off Gen-AI Video Team to Form Dotmo, a New Independent Firm

Social-media company sheds in-house AI video unit as it looks to rein in the rising costs of developing generative-AI models and immersive gaming products Snap Inc. is carving out its generative-AI video team into a new, independent company called Dotmo, the latest move by the social-media giant to manage the soaring costs of building artificial-intelligence Read More…

Montana Named Top State to Start a Business

Montana earned recognition as one of the nation’s premier destinations for entrepreneurs, landing in the top 15 states in a WalletHub study ranking all 50 states on their business startup environments. The report evaluated states across 25 measures grouped into three dimensions: business environment, access to resources and business costs. Metrics included number of startups Read More…

Justice Department Approves Paramount-Warner Bros. Merger

The Justice Department’s Antitrust Division has approved Paramount Skydance’s $111 billion acquisition of Warner Bros. Discovery, clearing the largest regulatory hurdle facing one of the most closely watched media mergers of the Trump era. The decision, announced Friday, paves the way for a combination of two of Hollywood’s most storied studios, merging the company behind Read More…

SpaceX Makes History With Record-Breaking $75 Billion IPO — Shares Surge Nearly 20% on Debut

Elon Musk’s SpaceX priced its initial public offering Thursday, raising $75 billion and cementing the rocket maker’s place among the world’s most valuable companies in what stands as the largest IPO in U.S. history. On Friday, Wall Street delivered its verdict: investors wanted in. The offering valued SpaceX at approximately $1.77 trillion at its IPO Read More…

Janicki Industries Selects Great Falls for $800 Million Manufacturing Campus

GREAT FALLS, Mont. — Gov. Greg Gianforte announced that Janicki Industries selected Great Falls as the site of an $800 million manufacturing campus expected to create more than 1,000 jobs in its first five years and ultimately employ more than 2,000 people once fully built out. John Janicki, president of the company, made the announcement Read More…

MGM, Caesars Takeover Bids Signal New Era for Las Vegas

The Las Vegas Strip is facing a wave of consolidation unlike anything seen in a generation, with two major casino takeover deals announced in the span of days that could fundamentally reshape the American gaming industry. Media mogul Barry Diller’s holding company People Incorporated — formerly known as IAC — submitted a non-binding proposal Monday Read More…

Arizona Lemonade Brand Hits Montana Shelves With a Nod to the State Fruit

AZ Lemonade Stand, an Arizona-based premium lemonade brand, is rolling out across Montana retailers this month, bringing five flavors to Town Pump, Super 1 Foods, Rosauers, and Thriftway Food Stores locations statewide as the company pushes deeper into western markets. The launch includes the brand’s Original, Strawberry, Mango, and Prickly Pear varieties alongside a Huckleberry Read More…

Markets Whipsaw Through a Week of Records, Inflation Fears, and Geopolitical Uncertainty

Wall Street closed out a turbulent week on a sour note Friday, with all three major indexes posting sharp declines that erased much of the gains built up through a historic midweek rally, leaving investors to weigh record stock prices against rising inflation, elevated oil prices, and unresolved geopolitical tensions. For the week, the S&P Read More…

Bridger Photonics Unveils New Platform to Streamline Emissions Management

Bridger Photonics, the global leader in emissions detection and intelligence, has announced the launch of Bridger Command™, an interactive emissions management platform designed to help oil and gas operators turn emissions data into faster, more confident decisions. Oil and gas operators make thousands of decisions daily across operations, maintenance, safety, regulatory, and capital planning. Over Read More…

Stocks Close Out Strong Week

Wall Street capped a strong week with fresh all-time highs on Friday, as upbeat earnings from Apple and hopes for a resolution to the U.S.-Iran conflict helped push major indexes higher for a fifth consecutive week. The Nasdaq led the way, surpassing the 25,000 level and closing at 25,114.44, a new record. The S&P 500 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…

Intel Earnings Signal CPU Demand Is Outrunning Supply

Intel Corporation delivered a quarterly report that suggests one of the most important markets in technology is tightening again: central processing units are in short supply just as demand rebounds. Shares of Intel surged nearly 30% after the company’s fiscal first-quarter results topped expectations and management outlined stronger trends in servers, improved product mix, and Read More…

U.S. Manufacturing Roars Back

American manufacturing is showing fresh momentum, with factory activity climbing to its strongest level in four years as companies expand domestic production and investors warm to an industrial rebound. Recent data point to a broad pickup across the sector. The Institute for Supply Management’s manufacturing index rose for a third straight month, reaching its highest Read More…

Pentagon Overhauls Small-Business R&D Programs

President Donald Trump has signed legislation reauthorizing two of the federal government’s flagship small-business research programs, clearing the way for a major Pentagon push to speed new technologies from startups and universities to the battlefield. The Small Business Innovation and Economic Security Act renews the Small Business Innovation Research Program and Small Business Technology Transfer Read More…

Tesla Bulls Say Heavy Spending Is the Price of Becoming an AI Powerhouse

Tesla, Inc. investors are again confronting the company’s defining question: Is it an automaker with an expensive valuation, or an artificial-intelligence company still early in its growth story? The debate intensified after Tesla reported first-quarter results that showed rising revenue, improving profits and sharply higher capital expenditures. The company spent $2.49 billion in the quarter, Read More…

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…

U.S. adds 178,000 jobs in March, unemployment falls to 4.3%

The U.S. economy added 178,000 jobs in March, the Labor Department reported Friday, a figure that surpassed expectations and came in roughly triple some earlier forecasts, signaling continued resilience in the nation’s labor market as geopolitical tensions mount abroad. The unemployment rate dipped to 4.3%, while wage growth moderated slightly from previous months — a Read More…

Small Business Confidence Edges Lower

America’s small business owners pulled back slightly on their optimism in February, according to the latest data from the National Federation of Independent Business, with the group’s Small Business Optimism Index dipping to 98.8 — a modest retreat that nonetheless offered some encouraging signs beneath the headline number. The reading, which fell below the index’s Read More…

Bank of America to Pay $72.5 Million to Settle Epstein Victims Lawsuit

Bank of America has agreed to pay $72.5 million to settle a federal class-action lawsuit accusing the bank of helping facilitate Jeffrey Epstein’s sex trafficking operation — becoming the latest major financial institution to face accountability for its ties to the disgraced financier. Details of the settlement were presented Friday to U.S. District Judge Jed Read More…

Microsoft Takes Over Texas AI Data Center Expansion After OpenAI Pulls Back

Microsoft is taking over a major AI data center expansion project in Abilene, Texas, after OpenAI decided not to move forward with the additional buildout, signaling a continued shift as the two companies increasingly pursue separate strategies in artificial intelligence infrastructure. Developer Crusoe said it is now working with Microsoft to construct two new “AI Read More…