Featured Articles in Business

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…

All in: Business

McDonald’s CEO says it’s ‘very clear’ that America needs another stimulus package

McDonald’s chief executives joined Walmart’s CEO in calling for another stimulus package. “We need a stimulus measure, I think that is very clear,” McDonald’s CEO Chris Kempczinski said in an interview with CNBC on Tuesday.  Kempczinski called for President-elect Joe Biden and Vice president-elect Kamala Harris to address the coronavirus pandemic and climate change, as well Read More…

New York Times’ digital revenue tops print for first time in ‘watershed moment,’ CEO says

The New York Times Co. for the first time Wednesday reported higher revenues from its digital business than its print operations, a “watershed moment” in the newspaper’s nearly 170-year history, according to CEO Mark Thompson. “And we don’t think it’s likely we’re going to go back from this moment,” Thompson said on CNBC’s “Power Lunch.” The Times reported Read More…

Whole Foods coming to Big Sky country

FRAMINGHAM — A Framingham development company is co-redeveloping a Montana mall and bringing the first Whole Foods Market to the western state. Framingham-based Grossman Development Group, LLC, is partnering with Boston Realty Advisors/The Broadway Company and the ownership of the Gallatin Valley Mall in Bozeman, Montana, to redevelop the shopping center that serves a five-county trade Read More…

High Demand and High Prices for Forest Products

As the unpredictable nature of the coronavirus pandemic continues to affect every industry differently, sawlog prices in Montana are reaching record levels, said F.H. Stoltze Land and Resource Manager Paul McKenzie. “The product demand has increased dramatically in general forest products,” he said. According to the University of Montana Bureau of Business and Economic Research Read More…

Nvidia makes a clean sweep of MLPerf predictions benchmark for artificial intelligence

Graphics chip giant Nvidia mopped up the floor with its competition in a benchmark set of tests released Wednesday afternoon, demonstrating better performance on a host of artificial intelligence tasks. The benchmark, called MLPerf, announced by the MLPerf organization, an industry consortium that administers the tests, showed Nvidia getting better speed on a variety of Read More…

Senate Judiciary approves subpoenas for Twitter, Facebook CEOs over bias charges

The Senate Judiciary Committee on Thursday voted to subpoena Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey to testify about allegations of anti-conservative bias, ratcheting up GOP pressure on the social media companies’ content policies before the November elections. How the vote went down: The Judiciary Committee voted 12-0 to authorize the subpoenas, with all Read More…

Report: Registered apprenticeship program has been a boon to businesses and job seekers

MISSOULA — Over the past 20 years, Montana’s registered apprenticeship program has sent more than 3,300 workers into good-paying jobs, with another 2,400 on the way, according to a new report. On Wednesday, Gov. Steve Bullock summarized the findings of a Department of Labor and Industry report on Montana’s Registered Apprenticeship program and praised the role that Read More…

Montana manufacturers to offer tours as part of national event

BOZEMAN — Manufacturing companies around Montana will offer virtual and in-person tours of their operations throughout October as part of a national effort that kicks off with National Manufacturing Day on Thursday, Oct. 1. The Montana Manufacturing Extension Center at Montana State University is encouraging Montana manufacturers to host the tours and is available to Read More…

Kathryn Farmer becomes the first woman CEO of an American railroad

New York (CNN)One of Berkshire Hathaway’s largest units, BNSF Railway, just named Kathryn Farmer as its first female CEO.   This appointment makes Farmer the first woman in America to lead a major railroad operator, the company announced Monday. Farmer is taking the place of Carl Ice, who has worked at Berkshire Hathaway (BRKA) for 42 years. Farmer has been Read More…

Small businesses expect longer, milder impact from pandemic

The Census Bureau released new phase two data from its Small Business Pulse survey last week, showing some of the sectors most impacted by the coronavirus pandemic. What they found: Hiring and rehiring have slowed and businesses now broadly say they expect recovery from the pandemic to take much longer than previously thought. 44% of respondents expect recovery will take Read More…

Elon Musk gains $8 billion, becomes the 4th-richest person in the world as Tesla stock soars

Elon Musk’s personal wealth is soaring along with Tesla’s stock. The CEO’s net worth increased by nearly $8 billion on Monday as Tesla’s stock price jumped 11% and closed at an all-time high. Musk’s net worth is now $84.8 billion, making him the world’s fourth-richest person, according to the Bloomberg Billionaires Index. Musk overtook Bernard Arnault, the French billionaire and Read More…

Kimpton Armory Hotel In Montana To Debut August 18

Kimpton Hotels and Resorts newest hotel, the Kimpton Armory Hotel in Bozeman, Montana, will debut August 18, becoming the brand’s first property in Montana. Located in a landmark National Guard Armory building joined by a new tower in Bozeman’s downtown, the hotel blend “Montana’s rugged beauty and the storied history of the building” with modern amenities. This Read More…

Tesla reports fourth straight quarter of profits

Tesla just reported its second-quarter results. Shares rose more than 4% after hours as the company beat expectations and reported its fourth straight quarter of profits. Here’s how Elon Musk’s electric car and renewable energy business did versus analysts’ expectations, according to estimates compiled by Refinitiv. Earnings: $2.18 (ex-items) vs. 3 cents per share, expected. Revenue: $6.04 billion vs. Read More…

FedEx Express, Ground operations in Montana city to run in same building

FedEx Express and FedEx Ground employees in a Montana city will soon be working in the same building, and, for some shipments, together. FedEx Express employees in Kalispell, Montana, will conduct operations at FedEx Ground’s facility there once a building lease begins August 31. The two companies’ work in that building “will remain independent of Read More…

Warren Buffett’s Berkshire buys Dominion Energy natural gas assets in $10 billion deal

Warren Buffett’s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10 billion. It’s Berkshire’s first major purchase since the coronavirus pandemic and subsequent market collapse in March. At his annual Read More…

Biotech Company Announces $22 Million Investment Led by Mike Goguen’s Firm

Inimmune, a Missoula-based biotech company founded by nationally recognized vaccine scientists that has been working on a vaccine for COVID-19, announced today that it has raised $22 million in Series A funding led by Two Bear Capital, a venture-capital firm founded by Whitefish philanthropist Mike Goguen. The firm plans to use the Series A investment Read More…

Whitefish Mountain Resort takes extra safety precautions during pandemic

WHITEFISH — Whitefish Mountain Resort is taking extra precautions for all of their activities on the mountain due to coronavirus concerns. Elyse Knudsen, risk control manager with Whitefish Mountain Resort, said that the resort is being extra careful with guests. Before the summer season started the resort assessed all possible contact points between guests and Read More…