Governor Greg Gianforte joined Rivian officials and community leaders in Belgrade this week to celebrate the opening of the company’s new 20,000-square-foot service and demo center, marking Rivian as the first electric vehicle manufacturer to invest in Montana. “It’s great to welcome Rivian to Montana as the first electric vehicle manufacturer to invest in our Read More…
Warren Buffett, the legendary investor known as the “Oracle of Omaha,” celebrated his 95th birthday Tuesday in typically understated fashion, surrounded by close family and friends in his hometown. Buffett, chairman and chief executive of Berkshire Hathaway, has long avoided lavish celebrations. Instead, those close to him said the billionaire spent the day with a Read More…
U.S. stocks slipped this week, closing out August on a mixed note as investors balanced encouraging inflation data, strong corporate earnings, and fresh trade developments against concerns of political and technological volatility. The S&P 500 finished the week down 0.1%, while the Dow Jones Industrial Average and Nasdaq Composite each shed about 0.2%. The Russell Read More…
Gov. Greg Gianforte on Monday marked the opening of Eshylon Scientific’s new facility in Bozeman, cutting the ribbon on the semiconductor manufacturing solutions company’s relocation from California to Montana. The governor toured the site and highlighted the investment as part of Montana’s growing technology and semiconductor industry. “Montana is becoming a hub for entrepreneurship and Read More…
MISSOULA – Beer enthusiasts of all kinds gathered for the 10th annual Montana Brewers Fall Rendezvous over the weekend in Missoula as several dozen local craft brewers from large and small companies presented their finest. Judges from the local homebrewers association tasted and judged the best beers, and also hosted classes to show how different beers Read More…
Public officials in Missoula County, located in the U.S. state of Montana, have decided to look into new regulations around cryptocurrency mining rather than seek to ban the activity entirely. As previously reported, miners have been drawn to the region thanks to access to cheap electricity, but local concerns about power rate spikes and noise Read More…
WinCo Foods is making progress on an 84,000-square-foot grocery store in Helena. Construction crews started building the employee-owned chain this summer, but a spokesperson said an opening date still is to be determined. In addition to Helena, WinCo is building a store in Billings. The two locations will be the first WinCo stores in Montana. Read More…
Majority of US business owners want more tariffs: Report UBS Wealth Management CIO Mike Ryan on a new study on U.S. business owners’ views about the economy and tariffs. Business owners are cheering President Trump’s tough talk on trade. A recent study from UBS showed 71% of business owners approve additional tariffs on China. In Read More…
Bitcoin and the broader cryptocurrency market plunged on Wednesday after the U.S. Securities and Exchange Commission delayed a decision on whether to approve a proposed bitcoin exchange-traded fund (ETF). The federal agency said it will continue deliberations on the bitcoin ETF, which, if approved, would be the first of its kind. The bitcoin ETF, which Read More…
Elon Musk’s lawyers are probably poring over rule 14e-8 of the Securities Exchange Act of 1934 right about now. That regulation is the one the Tesla CEO may or may not have violated when he sent the markets into a frenzy and halted trading in Tesla’s shares after nonchalantly tweeting Tuesday that he was thinking Read More…
They kept telling us to get used to it. It’s the new normal. Coal is dead. Coal is dying. Move on. Now this, from Bloomberg News: Trump’s Making U.S. Coal Exports the Greatest They’ve Ever Been READ THE FULL STORY.
MISSOULA – With the school year around the corner, a Montana start-up is working to get their invention in classrooms across Montana. They say the non-lethal product is more effective than pepper spray. Ben Gladwin, the assistant chief of the University of Montana Police department and education director for Reflex Protect, says the spray is Read More…
A startup unicorn is joining the streaming-video fray. Media mogul Jeffrey Katzenberg has raised $1 billion for a new mobile streaming service he’s calling “NewTV,” CNN reports. Disney, Warner Bros, Entertainment One, and other major media firms have invested. Katzenberg recruited in January former eBay and HP CEO Meg Whitman to helm “NewTV.” The service Read More…
Apple shares are jumping Wednesday after a strong fiscal third-quarter report, trading more than 5 percent higher and inching the stock toward a $1 trillion market value. The stock hit the $200 mark in midmorning trading after opening at $199.13. Shareholders had previously been looking for a price of $203.45 to make Apple the first Read More…
The Imerys talc mill in Three Forks is facing a union lockout if its members don’t accept a new contract from the mill’s French owners — a contract the union members have already rejected three times. The lockout would leave 32 union members and their families without paychecks or health care for an undetermined amount Read More…
Karen Alderman Harbert, President and Chief Executive Officer of the U.S. Chamber of Commerce’s Global Energy Institute will be the speaker at the annual Petroleum Industry Appreciation Day Luncheon on August 29. The event which is sponsored by the Montana Petroleum Association will be held at the Doubletree Hotel in Billings, and is open to Read More…
The newest member of the growing group of hotels in the Flathead Valley, TownePlace Suites by Marriott, opened its doors last week in Whitefish. The property had been under construction since last fall. The 81-room hotel on U.S. 93 South is focused on a specific set of clients: those who are staying five days or Read More…
Wendy’s had preliminary merger talks with Papa John’s before the company’s founder, John Schnatter, stepped down as chairman last week, a source familiar with the situation told CNBC. The talks cooled after Schnatter’s use of a racially charged slur led to his resignation. Schnatter still sits on Papa John’s board and has a nearly 30 Read More…
Amazon’s Prime Day again broke records this year, but the sales holiday also boosted sales across the broader U.S. e-commerce industry. According to Adobe Analytics data released this morning, larger retailers – meaning those with over a billion in annual revenue – saw a 54 percent increase in sales on Prime Day, compared with an Read More…
The number of small business that aren’t able to find enough workers has matched the highest level ever recorded. The percentage of small companies not able to fill open positions hit 36 percent in June, according to the NFIB Research Center, matching the survey’s record high set in November 2000. (The data goes back to Read More…
After reading a recent op-ed piece written by four seemingly confused former land board staffers regarding the Habitat Montana program I believe a response is definitely in order. The four, Ed Tinsley, Kathy Bramer, Rusty Harper and Jenny Eck, show the ineptness associated with past operations of the land board when it comes to writing Read More…
Tech-driven disruption in the insurance industry continues at pace, and we’re now entering a new phase — the adaptation of underlying business models. That’s leading to ongoing changes in the distribution segment of the industry, but more excitingly, we are starting to see movement in the fundamentals of insurance — policy creation, underwriting, and claims Read More…
Roger and Lisa Sammons are definitely overachievers. When the owners of Pardue Grain invited dignitaries, local business owners and customers, vendors and contractors to the “groundbreaking” of their new pulse crop processing facility, they forgot to mention the facility’s construction is well underway! Last Friday’s ceremony was merely a formality as the Sammons and their Read More…
Judge Kimberly Mueller on June 10, 2016 in the U.S. Eastern District Court of California found that John Duarte, a nursery operator and wheat farmer, plowed wetlands, four to six inches deep, and therefore violated the Clean Water Act (CWA). The Judge found Mr. Duarte, by chiseling a pasture, discharged fill material into a water Read More…
Venture capital-backed companies based out of California are usually recognizable. But what can get lost in the mix are the companies based throughout the rest of the country. VC research firm Pitchbook compiled every state’s most valuable VC-backed startup into an interactive graphic. READ THE FULL STORY.
Bias Brewing officially opened and features six beers brewed in house, cold brew coffee, and food from Food For The Soul 2. The brewery’s first beer menu features a variety of types of brews from stouts to pale ales. It offers 4-ounce taster sizes all the way up to small and large growlers. Bias also Read More…
MONTANA – AMC Theatres, the world’s largest movie theater chain, has unveiled a $20-a-month subscription service as a rival the flagging MoviePass. The theater chain on Wednesday unveiled a new service to its loyalty program, AMC Stubs, allowing subscribers to see up to three movies a week for a monthly fee of $19.95. That’s more Read More…
A federal judge said Tuesday that AT&T’s $85.4 billion purchase of Time Warner is legal, clearing the path for a deal that gives the pay-TV provider ownership of cable channels such as HBO and CNN as well as film studio Warner Bros. U.S. District Court Judge Richard Leon did not impose conditions on the merger’s Read More…
LIVINGSTON – Livingston’s Printing For Less (PFL) held a ceremonial groundbreaking event Friday for its new 55,000-square-foot digital printing and fulfillment center. The company plans to add 100 new employees once the new center is complete. Just this past year it added 80 new positions at its Livingston location. “We’re obviously optimistic about our own Read More…
Manhattan gun holster and tactical accessory maker Blackhawk! was named the state’s Manufacturer of the Year by the Montana Chamber of Commerce. “Our team is deeply honored and very excited to receive this recognition,” said Blackhawk Factory Operations Manager Lamont Kotter in a release. “This is a testament to the great work our employees do Read More…
Since the beginning of 2016, in a two-and-a-half year span, Kalispell, Whitefish and Columbia Falls have added six new hotels with 500-plus rooms and more than 300,000 total square feet, counting four completed hotels and two scheduled for completion this summer. Now another new hotel is coming to Kalispell with the recent application of My Read More…
Instead of the massive pot rooms that once pumped out millions of pounds of aluminum, dozens of local residents saw sprawling holes at the Columbia Falls Aluminum Co. during a public presentation and tour on May 9, a show of progress at the contaminated Environmental Protection Agency Superfund site that is in the midst of Read More…
For those of you who have never visited the former Glasgow Air Force Base in St. Marie, Montana, it is definitely an interesting site to see. It looks like something out of a movie. You will drive down a street and see abandoned home after abandoned home with brown, overgrown lawns and boarded up windows- Read More…
Vacant for most of the last decade, the old National Guard armory building in downtown Bozeman is beginning to show signs of life. Plans are moving forward to repurpose the building into an eight-story boutique hotel complete with event space and at least a pair of restaurants, said Cory Lawrence, CEO of local travel company Read More…
An obscure wireless industry deal from last year can help explain why T-Mobile and Sprint finally agreed to merge this week after years of flirting with a deal. Last May, Verizon signed a deal to buy acompany called Straight Path for more than $3 billion. If you remember the deal, it’s probably because AT&T and Read More…
The railroad’s planned investment will fund various initiatives, including a $1.4 million investment in the rail line between Butte-Silver Bow and near Lima to replace 10,000 crossties along our Montana Subdivision. UP also plans a $748,600 investment in the rail line between Moose Creek and Walkerville to replace curve rail along the railroad’s Montana Subdivision. Read More…
HELENA, Montana, April 24, 2018 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (NASDAQ:EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana, today reported net income was $573,000, or $0.11 per diluted share, in the first quarter of 2018, compared to $763,000, or $0.20 per diluted share, in the first quarter of 2017. Read More…
The app development side of Montana’s much-lauded tech sector will continue its upward trajectory, according to a newly released report. The sixth annual report, the State of the App Economy — aggregated by ACT The App Association, an industry organization that represents more than 5,000 app makers — details the growth of an almost $1 Read More…
The parent company of Herberger’s announced Thursday that going-out-of-business sales at Montana stores will start Friday. That includes the store at Rimrock Mall in Billings. The retailer moved into that spot and renovated the space three years ago after spending decades in a different wing of the mall. The announcement from corporate parent Bon Ton Read More…
Small-business hiring in March fell to the lowest point in over seven years, while hourly earnings grew steadily, a report from human resources firm Paychex said Tuesday. The Small Business Jobs Index decreased 0.12 percent from last month and 1.07 percent from a year earlier. Small-business wages continued to rise, reaching a 2.66 percent (69 Read More…
Kalispell Regional Healthcare is undergoing a transition in its leadership team as three top executives, the director of its digestive health institute and a contingent of its internal design team have either departed or announced plans to retire. In recent weeks, three prominent members of the Kalispell Regional staff who also serve on the hospital Read More…
In the outside, Meissenburg Designs still looks a lot like it did when it was the site of Martin’s Peat, located southeast of Bigfork. Loyd and Laura Meissenburg acquired the property in 2013, with most of the changes occurring inside to accommodate their growing design and fabrication company. The magnificent Swan Mountains rise above the Read More…
Belgrade’s much-beloved Chalet Market has been named the state’s Retailer of the Year by the Montana Department of Commerce. The store, which sells a variety of meats smoked, cured and packaged onsite, along with sandwiches, ice cream and a collection of products made in Montana, was honored at the annual Made in Montana Tradeshow late Read More…
CHEYENNE – The Cheyenne-Laramie County Joint Powers Board agreed Tuesday to fund half of a $250,000 grant meant to lure a mystery Denver manufacturer to the Swan Ranch rail park. The grant, split with economic development nonprofit Cheyenne LEADS, will be used to offset some of the company’s costs moving into LEADS’ “spec” building south Read More…