Featured Articles in Business

Bozeman Tops List as Most Expensive U.S. Airport for Summer Car Rentals, Survey Finds

Travelers heading to Montana this summer may face sticker shock at the rental car counter. Bozeman Yellowstone International Airport (BZN) has been named the most expensive airport in the country for car rentals, according to a new survey from travel website Cheapcarrental.com. The survey, which analyzed rental rates across 100 U.S. airports for the peak Read More…

Bridger Aerospace Welcomes Executive Order to Reshape Wildland Firefighting

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER), one of the nation’s leading aerial firefighting companies, today praised the recent Executive Order aimed at restructuring the U.S. wildland firefighting system and emphasized the impact of a significant increase in the Department of the Interior’s fiscal 2026 budget request. Sam Davis, CEO of Bridger Aerospace, said, “Bridger Read More…

Gianforte Appoints Marta Bertoglio as Department of Commerce Director

Governor Greg Gianforte announced the appointment of State Representative Marta Bertoglio as the new Director of the Montana Department of Commerce, signaling a continued focus on economic growth and job creation in the state. “Marta has been a strong partner in the Legislature and is a driven leader, dedicated to making Montana the best place Read More…

Performance Engineering Earns National Honors

Performance Engineering continues to gain national attention for combining rapid growth with a people-first workplace culture, earning two prestigious 2025 awards from the Zweig Group: Best Firms to Work For and Hot Firm. The Montana-based civil engineering firm was recognized as one of the 100 fastest-growing Architecture, Engineering, and Construction (AEC) firms in the U.S. Read More…

All in: Business

The Fed cancels its famous in-person Jackson Hole gathering due to pandemic, will hold virtual event instead

The Federal Reserve Bank of Kansas City announced on Thursday that its popular annual economic policy symposium will not be held in Jackson Hole, Wyoming, for the first time in nearly 40 years due to the coronavirus pandemic. Instead, the bank said that this year’s symposium, titled “Navigating the Decade Ahead: Implications for Monetary Policy,” will be Read More…

MT Supreme Court overturns ruling which blocked permit for Creston water plant

There’s another twist in the years-long legal battle over the operation of a Creston bottled water plant, with the Montana Supreme Court overturning a lower court ruling which had blocked permits. Local residents and conservation groups have been fighting the plans of Montana Artesian Water Company to pump enough water to fill more than 1-billion Read More…

Montana, North Dakota lawmakers to collaborate on radioactive oilfield waste problem

The debate over how to dispose of the Bakken’s radioactive oilfield waste has prompted a small group of lawmakers from North Dakota and Montana to start collaborating. The conversations come as Montana prepares to enact a formal rule capping the radiation level of oilfield waste disposed of at landfills in the state. Much of the Read More…

US shocks economists by adding 2.5 million jobs in May as unemployment declines to 13.3%

Economists were shocked on Friday as the Bureau of Labor Statistics said US employers added 2.5 million payrolls in May, defying expectations of 7.5 million jobs lost. The surprise increase came on the heels of the record 20.5 million jobs lost in April. The unemployment rate declined to 13.3%, bucking forecasts of a near-record 19% rate. April’s Read More…

A London-based trading house bought 250,000 barrels of oil during the historic plunge below $0 and likely made a fortune

One trader bought 250,000 barrels of oil and secured a rare payout as oil prices turned negative last month, causing jitters in markets and leaving most other traders scrambling to find storage options across both sides of the Atlantic, Bloomberg reported on Thursday. But for BB Energy, a trading house based in London, the historic oil-market crash was Read More…

State receives more than 9,600 COVID-19 relief grant applications

More than 9,600 COVID-19 relief grant applications have been submitted to the State of Montana since applications opened last Thursday. Last week, Governor Bullock announced $123 million in CARES Act funding for nine new grant programs that are designed to address key COVID-19 issues Montanans are facing. As of the beginning of the business day May 13, the Montana Read More…

Secretary of State: Montana business registrations drop by 11,000 from last year

MISSOULA, Mont. — Montana Secretary of State Corey Stapleton noted that 11,000 fewer businesses renewed their state registrations by April 15 this year in comparison to last year. The statistic was highlighted in Stapleton’s Montana Business Forecast on Sunday. “The economic, social, and health-related disruptions from the coronavirus are historic,” Stapleton wrote in the emailed forecast. Read More…

$10 million in funding announced for Montana child care facilities

HELENA- Montana child care providers are eligible for funding through the CARES Act Child Care and Development Block Grants. The $10 million in federal CARES Act funding was announced Wednesday, and is to provide support for existing child care providers, assistance for low-income families participating in the Best Beginnings Scholarship Program and will fund emergency Read More…

TWO PROMINENT WYOMING GAS DRILLERS IN FINANCIAL PERIL

A top financial ratings service has listed western Wyoming gas drillers Ultra Resources and Jonah Energy among issuers of “top bonds of concern” whose securities could face “imminent” default. Fitch Ratings named the two companies that operate in the Pinedale Anticline, Jonah Field and Normally Pressured Lance, or NPL Field in an April 13 report Read More…

US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis

Gross domestic product fell 4.8% in the first quarter, according to government numbers released Wednesday that provide the first detailed glimpse into the deep damage the coronavirus wreaked on the U.S. economy. Economist surveyed by Dow Jones had expected the first estimate of GDP to show a 3.5% contraction. This marked the first negative GDP Read More…

Banks See High Demand for Loans and Refinancing

Ever since the COVID-19 pandemic began closing businesses and lowering interest rates, banks in the Flathead Valley are reporting high numbers of phone calls, loan applications and mortgage refinances. Banks have seen a lot of activity through the Small Business Administration’s $349 billion federal Paycheck Protection Program (PPP), which authorizes forgivable loans to small businesses Read More…

Nearly 3 million borrowers have been granted mortgage relief, and the industry is crying for help

More than 2.9 million homeowners have taken advantage of a program designed to provide relief to holders of government-backed mortgages, part of the coronavirus CARES Act relief package. This represents 5.5% of all active mortgages, according to Black Knight, a mortgage data and analytics company that is now tracking the growing numbers daily. The program Read More…

The Trump administration paid a bankrupt company with zero employees $55 million for N95 masks, which it’s never manufactured

The coronavirus pandemic has created a desperate clamber for vital medical supplies, like N95 masks, that has led the federal government to award massive contracts to third-party vendors to help fill the gaps. In this chaotic effort to obtain supplies, the Trump administration awarded a $55 million contract to Panthera Worldwide LLC, a company with Read More…

WeWork board sues SoftBank over withdrawal to buy $3 billion worth of shares

A special committee of WeWork’s board is suing SoftBank after SoftBank withdrew its $3 billion tender offer, the company announced Tuesday. WeWork is claiming that SoftBank breached its obligations under their agreement. SoftBank originally made the tender offer to buy shares of WeWork at an agreed upon price last year as part of a package to bail out Read More…

From chew toys to medical masks: Montana’s hardest hit county fights back against coronavirus

Bozeman, Montana has a population of 48,532, but just like big cities in New York and California, this small city in the southern part of the state has seen the demand for medical masks skyrocket. Located in Gallatin County, Bozeman is home to more than one third of Montana’s confirmed COVID-19 cases, and is by far the hardest hit county in Read More…

Work starts in Montana on disputed Canada-US oil pipeline

BILLINGS, Mont. — A Canadian company said Monday that it’s started construction on the long-stalled Keystone XL oil sands pipeline across the U.S.-Canada border despite calls from tribal leaders and environmentalists to delay the $8 billion project amid the coronavirus pandemic. A spokesman for TC Energy said work began over the weekend at the border crossing Read More…

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…

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…

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…