Energy markets faced renewed pressure this week as crude prices softened amid mixed signals on global demand and steady U.S. production. Benchmark West Texas Intermediate crude drifted lower, weighing on shares of major producers and oilfield services companies. Analysts cited cautious demand forecasts from Asia and Europe, along with stable output from U.S. shale basins, Read More…
Steve Daines praised the Trump administration’s decision to impose a 132.83% anti-dumping duty on Russian palladium imports, calling the move a critical step to protect Montana mining jobs and counter what he described as market manipulation by Moscow. The Commerce Department’s duty, enforceable upon publication in the Federal Register, is aimed at offsetting what U.S. Read More…
The War Department announced today that 25 vendors have been selected to compete in Phase I of the Drone Dominance Program (DDP), a sweeping acquisition reform initiative aimed at rapidly fielding low-cost, unmanned one-way attack drones at scale to strengthen America’s Arsenal of Freedom. The program reflects one of Secretary of War Pete Hegseth’s core Read More…
Montana’s unemployment rate rose slightly to 3.4 percent in December, extending the state’s streak of over four consecutive years with unemployment at or below that level, according to the Montana Department of Labor & Industry. The state’s jobless rate remains well below the national average of 4.4 percent, keeping Montana among the top ten states Read More…
GREAT FALLS — Many factors contribute to how successful a small business is, but according to a recent study, Montana is the best state to open a small business. The study done by The Blueprint found that Montana was ranked the number one best state to open a small business in 2021. The factors used to determine Read More…
They’re easy to miss, hunkered down behind laptops in home offices, but remote workers are quietly setting up shop around the Flathead Valley. The COVID-19 pandemic spurred companies nationwide to adopt more flexible, socially distanced operations, so for many of their employees, the home is now the workplace. And for some of these remote workers, Read More…
The COVID-19 pandemic put a halt to the travel plans of many, and Billings Logan International Airport is seeking the effect. The number of passengers traveling through the airport was down nearly 48 percent in 2020 from the previous year, according to the airport’s annual report. The airport saw 248,597 passengers boarding planes in 2020, Read More…
Making money in your sleep sounds too good to be true, given many of us find it hard enough to earn a living while we’re awake. But many influencers are jumping on a new trend that’s rising in popularity: the “sleep stream.” Among the best-known sleep streamers is one who goes by the name Asian Read More…
Bitcoin’s price broke above $50,000 for the first time in history Tuesday, continuing its blistering rally as major companies appear to be warming to cryptocurrencies. The world’s largest digital currency by market value rose more than 3% to an all-time high of $50,487 at about 7:30 a.m. ET, according to data from Coin Metrics. It later Read More…
Thomas Donohue, the president and CEO of the Chamber of Commerce, will reportedly be leaving his role. The chamber is expected to name Suzanne Clark as his successor, according to Axios, which cited people familiar with the matter. Donohue, a longtime confidant of Republican presidents who has been at the Chamber of Commerce since 1976, faced criticism Read More…
Tesla announced Monday it has bought $1.5 billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” Tesla also said it will start accepting payments in bitcoin in exchange for its products “subject to applicable Read More…
Wyoming Gov. Mark Gordon is pushing to build up the state’s economic recovery through proposals and initiatives that he said would add value to the agriculture, tourism, and energy sectors. Taking an “all the above” approach, Gordon said he would seek to further bolster Wyoming’s energy and mining sectors. The governor supports bills allowing severance Read More…
A long-standing real estate company has changed ownership after 61 years. The announcement was made Wednesday afternoon that Berkshire Hathaway HomeServices Floberg Real Estate has been sold. Charles and Beth Smith became the owners on Jan. 1, 2021. READ FULL STORY
Uber on Tuesday announced an agreement to buy Drizly, a Boston-based alcohol delivery startup, for $1.1 billion in cash and stock. Why it matters: This could represent a strategic departure for Uber, in that Drizly doesn’t hire delivery drivers itself. Instead, it provides the backend infrastructure for local liquor stores to provide their own delivery services. Read More…
GREAT FALLS, Mont.- A free online course is geared toward boosting success, and it’s open to every business in Montana. The courses will help business owners increase revenue, sales, traffic, and profitability. “Destination Creation” by Grow Great Falls is normally priced at $399, but that fee has been lifted in an effort to help business Read More…
Montana’s largest MLS contracts to make FOREWARN services available for its 3,000+ REALTOR® members to promote proactive agent safety BOCA RATON, Fla., Feb. 01, 2021 (GLOBE NEWSWIRE) — FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that the Montana Regional MLS (“MRMLS”) Read More…
A group of companies involved in the exploration and production of oil and natural gas, is challenging President Biden’s executive order that would stop future land leases for those businesses. The Western Energy Alliance (WEA) filed a complaint against the Biden Administration in U.S. District Court in Cheyenne, Wyoming on Wednesday. The suit names the President, Acting Read More…
Wind farms and massive arrays of solar panels are cropping up across public and private landscapes both in the United States and abroad as users increasingly turn to “green energy” as their preferred flavor of electricity. President Joe Biden, in fact, has directed the Interior Department to identify suitable places to host 20 gigawatts of Read More…
Facebook is readying an antitrust lawsuit against Apple, according to a report from The Information. Facebook has been preparing the case for months alongside external legal experts, sources told the outlet. The lawsuit specifically alleges that Apple abused its market power by forcing third-party developers, including Facebook, to follow a different set of rules that Apple’s Read More…
Retail brokerages restricted trading on Thursday in GameStop and other stocks caught in a frenzy that has captivated Wall Street and caused big losses for hedge funds. Free-stock trading pioneer Robinhood and Interactive Brokers said that in some cases, investors would be able to sell only their positions and not open new ones. Both brokerages raised margin Read More…
WASHINGTON — Lockheed Martin-owned Sikorsky and Boeing have pitched a tweaked version of the team’s coaxial technology demonstrator — the SB-1 Defiant — which it plans to submit for the U.S. Army’s Future Long-Range Assault (FLRAA) competition, according to the companies. The modified, competition-ready aircraft design is being called Defiant X, taking the same surname as little Read More…
HELENA — It’s been more than three years since the last store in Helena’s Capital Hill Mall closed its doors, and nearly two years since the former mall building was demolished. Now, the first new construction at the site is getting underway. Contractors are currently putting up the frame for a new building south of Read More…
Fast-food workers in 15 cities around the country will be walking out Friday in a strike for the federal government to increase the national minimum wage to $15 an hour. The strike is being organized by Fight for $15 and a union. “Fast-food workers are going on strike January 15, on what would be MLK’s 92nd Read More…
(Bloomberg) — While the jury is still out on whether Bitcoin is a bubble, one thing is certain: it’s unlike any other bubble we’ve seen. Previous speculative asset-inflation episodes were either a one-off, like tulip mania in the 17th century, or the boom-doom cycle took many years, like gold. Bitcoin, by comparison, has survived three Read More…
BOZEMAN, Mont. – Despite the increase in air travel over the holidays the Bozeman Yellowstone International Airport (BZN) still reported a 43.5% decline in passenger numbers in 2020 compared to the record 2019 year. On a national basis, the Transportation Security Administration reported a 60.7% decline in passenger throughput across 440 U.S. airports. Bozeman Yellowstone Read More…
Fort Worth-based BNSF Railway has proposed a plan to reduce the number of grizzly bears killed by its trains in Montana. In 2019, BNSF trains killed eight grizzlies. That year, one of its locomotives killed a cow and that carcass attracted grizzlies. Two of them died in train collisions and three others were killed by Read More…
MENLO PARK, Calif. – Facebook has reportedly sent out an internal memo about employee safety, warning staff to avoid wearing or carrying company branded items in public. According to Business Insider, the Menlo Parked-based social media company sent out the memo on Monday, stating, “In light of recent events, and to err on the side of caution, global Read More…
BILLINGS — Applications are open for Montana business owners to receive a second round of Paycheck Protection Program loans from the U.S. Small Business Administration, with a few more caveats in the application for second-time borrowers this go-around, said Kevin Kraft, president of the Shiloh branch of Yellowstone Bank Sunday. “The biggest difference is you have to Read More…
Helena, MT- With the start of the 2021 Legislature fast approaching, Montana’s premier business advocacy organization is laying out its top policy priorities for the new year, the focus of which is aimed at near-term recovery and maintaining long-term, sustainable economic growth. “As businesses continue to navigate the public health and economic challenges presented by Read More…
BOZEMAN — Manufacturing continues to be a significant driver of Montana’s economy, according to a report recently released by Montana State University’s Montana Manufacturing Extension Center, whose positive impact is discussed in the annual snapshot. The 2020 Montana Manufacturing Report, prepared by the Bureau of Business and Economic Research at the University of Montana, analyzes trends in the state’s Read More…
BILLINGS — The fast-food chain Chick-fil-A is headed to the Billings West End after a developer filed a request for zoning clarification to construct a restaurant in the Planet Fitness parking lot on the corner of 24th Street West and Marketplace Street. TFC Rosebud, LLC of Utah filed the request on December 1, 2020, and the plan Read More…
MISSOULA — The Missoula County Airport Authority this week approved a $2 million state loan for Neptune Aviation to fund the purchase of two aircraft hangars and the creation of dozens of new jobs. Neptune, a national aerial firefighting company based at Missoula International Airport, purchased the hangars last September from Homestead Helicopters. The hangars Read More…
MISSOULA, Mont., Dec. 31, 2020 /PRNewswire/ — FYR Diagnostics, a Missoula-based biotech company, has executed a contract with the State of Montana that will increase statewide COVID-19 testing capacity and reduce the time patients must wait to receive results. Adding FYR as a primary testing resource will keep test processing within Montana and alleviate pressure on the state laboratory in Helena. “Even with the Read More…
CHEYENNE, Wyo. (AP) — U.S. officials have approved a 5,000-well oil and gas project spread across more than 2,300 square miles in eastern Wyoming. Five major oil and gas companies proposed the development between Glenrock and Douglas that has stirred concern over its massive size and plans to drill year-round. Wednesday’s approval from the Bureau Read More…
There are 123 teams among the Big Four North American Men’s Sports Leagues (MLB, NFL, NBA and NHL). Only one of them received a loan under the Paycheck Protection Program. That team is the Pittsburgh Penguins, who received a loan of $4.82 million through the program authorized by the CARES Act. According to the Small Read More…
Grocery chain Kroger announced Tuesday that is plans to hire 1,000 people to administer coronavirus vaccines at the chain’s 2,200 pharmacies and 220 clinics. Kroger’s vaccine program launches this week in the state of Alaska as health care workers in Anchorage and Juneau will be vaccinated by Kroger staff. Kroger says that it is working Read More…
Move over, Europe. Tucked in near the end of the 130-page antitrust lawsuit Texas filed against Google last week are claims that could force the search giant to pay out trillions of dollars in damages, dwarfing previous levies against the company. That would be a serious blow even to a company as large as Google, with Read More…
BIGFORK — Bigfork during the summer is usually full of tourists and people enjoying Flathead Lake but one restaurant would have closed this past summer if not for state-funded coronavirus grants. “Bigfork is right at the north end of the lake and we have The Playhouse right beside the restaurant so that’s usually full — and then we’re Read More…
NFL legend Tom Brady’s sports company TB12 INC. secured an almost $1 million Paycheck Protection Program (PPP) loan from the federal government amid the coronavirus pandemic. Though reports of Brady’s PPP loan was initially revealed in July, the amount was unknown. Data released by the U.S. Small Business Administration in December revealed that TB12 received $960,855. The PPP loan Read More…
After a dreadful year for our local economy, this year’s “Small Business Saturday,” carried a little more weight than usual. “Last year, Small Business Saturday was our single largest retail sales day since we opened our doors in 2008,” said Amy Dolan, co-owner of Noteworthy Paper & Press. But that was last year — and 2020, Read More…
Italy’s competition authority on Monday fined Apple €10 million for misleading consumers about the water-resistance of its iPhones. Apple advertised several iPhone models as resistant to water for up to 30 minutes, even a few meters under water, but it didn’t make clear that this is only true under specific conditions (pure water in a laboratory), which Read More…
On March 9, less than a year after Gov. Steve Bullock signed House Bill 725 legalizing sports betting in Montana, the first betting terminals were placed inside bars and casinos across the state. Two days later, the NBA suspended the remainder of the professional basketball season. A day after that, the NHL and MLS suspended Read More…
A local Helena photographer celebrated five years in business. Kevin League hosted a grand opening of his new, permanent gallery this weekend in Downtown Helena to celebrate the anniversary. For League, having a full-time space to display his work is the first within his five years in business. League has numerous awards for his work Read More…
Comcast is adding a data cap for some of its home-internet plans starting in January. The telecommunications giant recently confirmed it’s introducing a limit of 1.2 TB on Xfinity Internet plans in 14 states and the District of Colombia. If customers that don’t have unlimited plans go over that cap, they must pay $10 for Read More…