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…
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…
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…
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…
Walmart is making further organizational changes as it continues to integrate its store and digital operations and leadership, according to a memo obtained by CNBC that was sent by CEO Doug McMillon to the retailer’s employees. “Our customers want one, seamless Walmart experience,” McMillon wrote to employees. “Earning more of our customers’ business in food and Read More…
BOZEMAN – Twenty current and emerging leaders from Montana’s natural resource industries have been selected to take part in Class IV of REAL Montana (Resource Education and Agriculture Leadership). Class IV will begin their leadership journey on September 12, 2019 at their first seminar in Bozeman. “REAL Montana continues to strengthen its mission of building Read More…
HARLOWTON, Mont. — Bridger Brewing, Montana Space Grant Consortium at Montana State University and Bozeman-based Crooked Yard Hops have partnered on a project that sent beer ingredients into space. The retrieved ingredients were then used to brew a commemorative beer celebrating the upcoming 50th anniversary of the Apollo 11 moon landing. While other breweries are Read More…
WASHINGTON— Amazon.com Inc. AMZN +1.38% Chief Executive Jeff Bezos tries never to schedule a meeting before 10 a.m. “I go to bed early, I get up early, I like to putter in the morning” reading the newspaper, drinking a cup of coffee and eating breakfast with his children, he said. Mr. Bezos schedules “high IQ” meetings before lunch, and tries Read More…
Montana judge James A. Manley had previously ruled that the state’s Public Service Commission (PSC) had violated the rights of developer MTSUN by cutting both the rates paid for electricity and contract lengths under the Public Utility Regulatory Policies Act of 1978 (PURPA), for the express purpose of undercutting the viability of solar power. This was in Read More…
GTUIT, LLC, Billings, MT was awarded the EcoStar Pollution Prevention Award for 2019. The award was presented at a reception hosted by Governor Bullock at the State Capitol Rotunda in Helena. The award recognizes GTUIT for taking environmentally responsible steps to reduce air emissions in oil producing regions, maximize upstream oil and gas operation efficiencies, conserve Read More…
BISMARCK, N.D. (KFYR)- April’s oil production numbers are in, and they remained almost flat from March. Natural gas production reached an all time high with 2.8 billion cubic feet produced per day. 81% was captured statewide,which is below the goal of 88%. Mineral and Gas Division director Lynn Helms gave examples of how some companies are Read More…
Forty-four Montanans Complete Premier Leadership Development Program, 19 Complete new Masters Class BOZEMAN – Leadership Montana announced the graduation of 44 community, business, education, healthcare, nonprofit and government leaders from across the state for the Class of 2019 of its flagship leadership program. Leadership Montana presents an annual seven session program of leadership development, education about Read More…
James Stack’s career as a financial advisor is testament to the fact that you can understand the movements of the stock market while working 2,200 miles away from it. A native of western Montana, Stack made a decision to forgo life in a financial center for the pleasures of working in Whitefish, in the middle Read More…
Now that the trade war between the US and China is on, observers on both sides are wondering what more China will do to retaliate against the US. One measure China could take that keeps popping up in conversation is that the country could start dumping its massive hoard of $1.1 trillion worth of US Read More…
Apple stock plunged nearly 6% Monday after the U.S. Supreme Court ruled that Apple customers can sue the company over prices on its App Store. The 5-to-4 ruling lets consumers move forward with a long-running lawsuit that claims Apple (ticker: AAPL) is using its market dominance to inflate prices via a 30% commission at its Read More…
Dive Brief: OSHA has cited a Montana highway contractor for 26 serious and two other violations and proposed fines totaling $225,425 in connection with an accident during which three employees sustained burns and one worker fell. The agency’s initial press release in April reported 23 serious violations and fines of $261,418. The agency said three Read More…
MISSOULA – Move over, White Claw. This month, Big Sky Brewery unveiled its own brand of spiked seltzers, featuring flavors familiar to the Treasure State. Though the Big Sky Spiked Seltzer is a far different beverage than longtime flagship beers such as Moose Drool and Summer Honey, the company says Spiked Seltzer still follows the Read More…
Everything goes through a lifecycle, and operating systems are no different. They start out as new and fresh and full of possibilities and go through an explosive phase of stratospheric growth. This is the exciting period. But going along with that growth are the inevitable teething troubles or bugs and problems and sleepless nights. And Read More…
Intello, the New York City-based Saas management platform, announced a $2.5 million extended seed round today, along with some product enhancements. The round was led by Resolute Ventures . Harrison Metal and Magnetico Ventures also participated along with various individual angel investors including Zane Lackey from Signal Sciences, Chris Smoak from Atrium and Zach Sherman Read More…
BILLINGS, MT – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Nelcon Inc. – a highway contractor based in Kalispell, Montana – for exposing workers to burns and falls at a mobile asphalt-mixing plant in Laurel, Montana. The company faces $261,418 in penalties for 23 serious violations. Three workers suffered burns Read More…
A longtime veteran of Bozeman’s tech world, Susan Carstensen, said the business climate for women in Montana doesn’t look like it did when she first started. “The difference between 1995 and today, I think, is pretty dramatic,” she said. Carstensen worked for RightNow Technologies, now Oracle, as a chief operating officer, chief financial officer and Read More…
MISSOULA – Montana’s unemployment rate decreased by 0.1 percentage points to 3.7% for the month of March. Total employment estimates indicate a gain of 326 jobs, while payroll employment posted no change over the month, suggesting that tight labor markets are constraining job growth, according to figures from the Department of Labor & Industry. Montana’s labor force Read More…
Though not generating the fanfare that its new ConceptD computers have, Acer also introduced a pair of new Chromebooks at its press event this week. Unlike its numerous education models, however, these new laptops are designed to appeal to enterprises that want to add Chromebooks to their mobile fleet. The Chromebook 714 and 715 may Read More…
Dive Brief: A Montana district court judge last week issued an order in favor of solar developers, ruling that the state’s Public Service Commission intentionally disadvantaged small solar projects in violation of the Public Utility Regulatory Policies Act (PURPA). The ruling comes after a June 2017 audio recording captured Commissioner Bob Lake acknowledging that cuts Read More…
One clothing company in Butte is taking apparel design a mile high and a mile deep. Underground Clothing Co. opened December 2017, and co-founder Shelby Carver says it’s a brand that draws on Montana’s sense of hometown pride. Carver and her husband Robert operate the company from a small retail space at 1120 E. Front Read More…
The Flathead County Sheriff’s Office dispatched officers to the Montana Athletic Club in Bigfork on Thursday to ensure the business’ compliance with a 30-day suspension of its alcohol license. A Helena judge has prohibited the sale of all alcoholic beverages on the club’s premises for 30 days and imposed a $1,000 fine following the club’s Read More…
It’s a well–worn idea that bitcoin is helping to trash the planet, throwing fuel on an already burning world while providing value to very few people. By one recent estimate, the energy used to keep the network going, a process known as mining, is enough to power Hungary. But now a Montana county in the Read More…
MISSOULA – There’s a new fast food option coming to Missoula, and it’s setting up shop in a familiar building. Frugals is moving into the former Dairy Queen building on Brooks Street. It will mark the seventh location for the burger chain, which is focused in Washington, Idaho and Montana. The restaurant’s menu includes a Read More…
A Montana-based organization is helping jump start high-tech startups through a business pitch competition held in Missoula, Billings and Bozeman to encourage tech industry development and job opportunities. Early Stage Montana, a nonprofit coalition, is looking for entrepreneurs who need help planning and growing their businesses. Participants will pitch their business plans and products to Read More…
Local microgreens growers have come up with innovative ways to use their product. EarthStar Farms owner Susan Waite of Whitefish mixes microgreens into her homemade macaroni and cheese and sticks them into a grilled cheese sandwich or a hamburger. Ashley Kwasney of Gecko Mountain Farm in Somers throws them in soup, omelets and pasta dishes, Read More…
Shopko will close its remaining stores across the country, including all of its Montana locations. According to a document filed on March 18, the company will close all of its remaining locations by June. The company stated in a press release that it was unable to find a buyer for the business, which declared bankruptcy Read More…
BILLINGS – Pitching a tent, enjoying the great outdoors, and gathering around a campfire: all things many people associate with Kampgrounds of America (KOA). Now, customers can also associate Toby O’Rourke as chief executive officer of the Billings-based company. Based in Billings, KOA just named Toby O’Rourke as the new CEO. O’Rourke has been the KOA president since March 2018 and Read More…
Over a century later, UPS continues to honor their safe drivers across the nation in what they call the Circle of Honor. As of last month, over 1400 drivers were added to the Circle, 3 of whom are from right here in Montana. In total, Montana has 569 full-time UPS drivers. Out of those drivers, Read More…
Development in Kalispell has gathered momentum in recent years, as many businesses and organizations anticipate the arrival of a new walking path cutting through downtown, replacing the existing train tracks. Since that ball got rolling, officials said, it has only picked up speed. Earlier this month, at the Kalispell Chamber of Commerce’s luncheon, it became Read More…
It’s not unusual for companies to be inundated with messages from people looking for answers — what is rare, however, is for a CEO to personally respond to one. Yet one 10-year-old schoolboy appears to have succeeded, grabbing the attention of the boss behind one of Australia’s largest airlines. Alex Jacquot recently penned a letter Read More…
BILLINGS, Mont. — The manager of an oil processing plant in eastern Montana that exploded and burned in 2012 has pleaded guilty to violating the Clean Air Act. The Billings Gazette reports that the plea agreement by Mark Hurst was reached recently in U.S. District Court in Billings. Hurst was the project manager for Custom Read More…
MISSOULA, Mont. — According to the U.S. Small Business Administration ninety-nine percent of businesses in Montana were considered small businesses in 2018. The Small Business Development Center (SBDC) helped open fifty-eight businesses across the country last year. Montana ranked number one in the country for the number of workers employed by small businesses in 2018 Read More…
NFIB (National Federation of Independent Business) has filed a friend-of-the-court brief in Juliana v. United States—urging dismissal of a controversial lawsuit, which seeks to compel the federal government to more aggressively address climate change. The brief was filed in conjunction with the Texas Public Policy Foundation and other concerned businesses and business groups. The case Read More…
A 120-unit apartment project near Gateway Community Center is the focus of a public hearing before the Kalispell City Council during its regular meeting tonight. Husky Partners, LLC, is asking for a conditional-use permit for five buildings with 24 units each, plus a clubhouse. The multifamily buildings will be three stories and 43 feet tall, Read More…
CORAM – A small-town distillery in Montana is being nationally recognized for their whiskey. A February article in Esquire magazine dubbed Wheatfish, a whiskey distilled by Glacier Distilling Company, the best in the state. The article, written by Aaron Goldfarb, recounts different distilleries across the country and features one whiskey in every state. Nicholas Lee has Read More…
One product would arm a school principal with a weapon that would provide less-than-lethal or lethal options when confronting a school shooter. One barrel of the “Protector’s Choice” would fire bean-bag rounds. One would fire live ammunition. A separate product would recycle Styrofoam to manufacture 4-foot-long Lego-style construction blocks that could enhance efforts far and Read More…
Plunging oil prices at the end of 2018 caused worry about an international economic slowdown, but experts say Wyoming could be slightly insulated from the effects – at least for the beginning of the new year. “Any time you’re talking about oil prices, they are notoriously hard to predict, but what we are seeing is Read More…
Helena, MT and Chicago, IL (WorkersCompensation.com) – Montana’s largest provider of workers’ compensation insurance, Montana State Fund (MSF), is partnering with Rising Medical Solutions (Rising), a national managed care company, to administer its medical bill repricing and provider payment program. After awarding its program to Rising, the partnership became operational in January of 2019. “Our Read More…
MISSOULA, Mont. — The accessibility of listening to and buying music online is certainly different from the days when fans lined up to buy Elvis Presley records. Brick and mortar record stores have closed all over the country. But in Missoula there’s one shop that’s weathering the changes and even opening channels to music in Read More…