(The Center Square) – The U.S. Department of the Interior on Tuesday approved expansion of coal mining in Montana, marking the second largest coal expansion since President Donald Trump took office in January as 33.75 million tons of federal coal will be recovered, 300 jobs ensured, and a million homes powered by the decision. The Read More…
Montana’s unemployment rate held steady at a remarkably low 2.8% in June, marking the ninth consecutive month below 3% and extending a historic run of four straight years with unemployment at or below 3.4%, according to Governor Greg Gianforte. “With more Montanans working now than ever before and historically low unemployment, we’re seeing the results Read More…
The S&P 500 rose 2.3% for the week, its best five-day stretch since early June. The Nasdaq Composite surged 3.1%, driven by blowout results from Alphabet (GOOGL) and Tesla (TSLA), while the Dow Jones Industrial Average added a more modest 1.4%, hampered by lagging industrials and healthcare names. Tech Earnings Deliver — and Then Some Read More…
Small business owners across the nation are showing renewed confidence in the economy, according to CNBC’s latest Small Business Survey, coinciding with the implementation of President Donald J. Trump’s landmark One Big Beautiful Bill and his broader pro-growth policies. The survey reveals a significant upswing in optimism: Nearly half of small business owners now rate Read More…
HELENA — If a bear kills a cow, a rancher will get paid if it’s proven a predator did the deed. The Livestock Loss Board handles those claims. However, a small — but growing — number of bison producers don’t have access to the same system and can’t file claims over animals that have been Read More…
Record-high U.S. egg prices could increase 41.1% this year, according to new projections from the U.S. Department of Agriculture. Egg prices are already at a record $4.95 per dozen nationally, according to the St. Louis Federal Reserve Bank.
Berkshire Hathaway Inc. (NYSE: BRK.A) posted record annual profits and expanded its cash reserves to $334.2 billion, as Warren Buffett used his annual shareholder letter to issue a pointed message to Washington: spend wisely and protect those who draw the “short straws in life.” The 94-year-old investing titan, widely regarded as one of the greatest Read More…
The Treasury Department set a March 21 deadline for businesses to report “beneficial ownership information” or risk civil and criminal penalties. It delayed the prior deadline by 30 days. The delay comes after a Texas district court struck down a nationwide injunction on enforcement of the Corporate Transparency Act. The Treasury Department left open the Read More…
Small Business Playbook Events CNBC and SurveyMonkey’s latest quarterly polling of America’s small business owners finds majority support for diversity, equity and inclusion (DEI) efforts at a time when many national corporations are scaling back or ending DEI programs. Small business owners say they see positive impacts on the business from DEI goals, such as Read More…
Two recent University of Montana studies are demystifying how increasing wildfires and hotter annual temperatures limit forest regeneration in the Western U.S., revealing that our capacity to plant trees can’t keep pace with reforestation needs. The first UM study was led by Solomon Dobrowski, a researcher in the W.A. Franke College of Forestry and Conservation. Read More…
HELENA — A pair of bills aimed at closing loopholes that may make it too easy for Montana property owners to qualify for hefty property tax benefits intended for farms and ranches got their initial hearings before the Montana Legislature last week, drawing hours of commentary from supporters and opponents. House Bill 27, heard Friday Read More…
Activist investor Elliott Investment Management has acquired a significant stake in BP Plc, as the British oil giant struggles with years of underperformance and weak investor confidence, according to sources familiar with the matter. Elliott is reportedly pressuring BP to consider transformative measures to boost shareholder value, believing the company is undervalued and its performance Read More…
(The Center Square) – A bill preventing future presidents from unilaterally banning hydraulic fracking is on its way to the Senate after passing the House 226-188 Friday. Sixteen Democrats joined all Republicans in voting for the Protecting American Energy Production Act, which will block future bans on hydraulic fracking without congressional approval, if enacted. “When Read More…
A new wave of phone scams is targeting bank customers, using sophisticated caller ID fraud, also known as “vishing.” Scammers are impersonating representatives from First Interstate Bank, deceiving customers into handing over sensitive financial details. According to reports, fraudsters manipulate caller ID to make it appear as though calls are coming from a legitimate First Read More…
Toyota is recalling more than 140,000 Toyota and Lexus vehicles due to potential safety issues, the company announced Thursday. The recall affects certain Tacoma, Camry, and Lexus RX models from the 2024 and 2025 model years. The Toyota Tacoma recall involves four-wheel-drive models, which may have damaged rear brake hoses due to the accumulation of Read More…
Glacier Bancorp Inc. (NYSE: GBCI) has signed a definitive agreement to acquire Bank of Idaho Holding Co. (OTCQX: BOID) in a $245.4 million all-stock transaction, further expanding its presence in Idaho and Eastern Washington. The deal, Glacier’s 26th acquisition since 2000, will see Bank of Idaho’s $1.3 billion in assets, $1.0 billion in loans, and Read More…
Bridger Aerospace Group Holdings, Inc. has mobilized its CL-415EAF “Super Scooper” aircraft to California to support wildfire suppression efforts, marking the company’s earliest seasonal deployment in its history. The deployment follows a Task Order from the U.S. Forest Service, requested by the State of California, which is already facing intense wildfires unusually early in the Read More…
Just one year after earning CHAP Accreditation, Headwaters Hospice and Palliative Care has become a trusted provider of compassionate end-of-life care in the Helena Valley. Fueled by overwhelming community support, the locally and veteran-owned organization is now expanding its services to Butte and Silver Bow County, bringing in-home palliative care to the area for the Read More…
Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), the holding company for Opportunity Bank of Montana, reported a 26.7% increase in net income for the fourth quarter of 2024, reaching $3.4 million, or $0.44 per diluted share. This marks an improvement from $2.7 million ($0.34 per share) in the previous quarter and a 58.6% increase from $2.2 Read More…
Glacier Bancorp, Inc. (NYSE: GBCI) reported a 21% increase in net income for the fourth quarter of 2024, reaching $61.8 million, up from $51.1 million in Q3 2024 and 14% higher than Q4 2023’s $54.3 million. Diluted earnings per share rose 20% from the previous quarter to $0.54, marking a 10% increase from the same Read More…
SITKA Gear, a leader in technical hunting and outdoor apparel, is set to open its newest retail store in Columbus, Ohio, with a grand opening celebration on January 11, 2025. The 3,430-square-foot store, located at 4173 Worth Ave., will offer customers a hands-on shopping experience featuring SITKA’s premium hunting and outdoor gear. The Columbus location Read More…
Montana Housing Market Faces “Frozen” Conditions Amid Affordability Crisis Montana’s housing market is experiencing what experts describe as a deep freeze, and a single statistic highlights why: roughly 80% of mortgage holders in the state have interest rates 2% to 3% lower than current market rates. For most homeowners, selling their property and buying another Read More…
NorthWestern Energy has announced agreements to supply significant amounts of electricity to two proposed data centers in Montana, with combined power demands set to exceed the capacity of the state’s newest gas-fired power plant. The development raises questions about Montana’s energy infrastructure and its ability to meet growing demand while maintaining reliable service. The larger Read More…
Montana’s unemployment rate remained at 3.2% in November, continuing an unprecedented stretch of low unemployment that has persisted for 41 consecutive months, with rates at or below 3.4%. The state’s historic run surpasses the previous record set in 2006-2007 when unemployment rates stayed at or below 3.4% for 15 months. In November alone, Montana added Read More…
Frontier Asset Management, an independent asset management firm, has officially launched its suite of actively managed exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). These ETFs are designed to enhance Frontier’s multi-asset Active ETF Strategies, with the goal of providing attractive risk-adjusted returns for investors. The Frontier ETF suite consists of six actively Read More…
Gov. Greg Gianforte, U.S. Senator Steve Daines, U.S. Representative Ryan Zinke, and the Montana Department of Labor & Industry (DLI) announced that Montana has secured a $3.5 million federal grant to assist workers recently laid off from the Sibanye-Stillwater Mine in the state’s largest recent mining workforce reduction. “This grant is a vital step in Read More…
(The Center Square) – Methane emissions from the largest oil- and natural gas-producing basins fell 44% between 2011 and 2013, according to newly published data from the Environmental Protection Agency. According to the EPA’s Greenhouse Gas Reporting Program, methane emissions dropped in seven oil- and natural gas-producing basins by up to 87% from 2019-2023. The Read More…
The Montana Department of Commerce announced today the allocation of more than $37 million in federal housing tax credits to support the construction of new affordable housing in five Montana communities. The funding will help address the growing need for affordable housing in the state, with 136 new homes planned in Billings, Bozeman, Dillon, Missoula, Read More…
Montana State University students showcased their entrepreneurial spirit at the annual Big Idea Challenge on Nov. 7, earning $10,000 in prize money for innovative projects ranging from sustainable food products to medical equipment. The competition, hosted by the Jake Jabs College of Business and Entrepreneurship and MSU’s Blackstone LaunchPad, featured 12 finalist teams selected from Read More…
The Montana Department of Revenue has issued a reminder to business owners with equipment reporting requirements to submit their reports for Tax Year 2025. Businesses and individuals owning business equipment with a total market value exceeding $1 million statewide as of January 1, 2025, must file their reports by March 1, 2025, to avoid a Read More…
(The Center Square) – A federal judge has blocked the $24.6 billion proposed merger between Albertsons and Kroger in response to a lawsuit filed against it by the Federal Trade Commission and several states. In the ruling, Oregon-based U.S. District Judge Adrienne Nelson argued that the merger “is a plausible, relevant market for antitrust purposes,” Read More…
The Montana Department of Commerce has announced the opening of the 2024 Big Sky Film Grant (BSFG), offering financial support to filmmakers creating projects that showcase Montana’s unique landscapes, culture, and talent. The grant program is open for applications until February 7, 2025 and is designed to foster growth and opportunities for Montana-based film and Read More…
The North Dakota Department of Commerce announced today that 10 businesses have been approved for a combined total of $6,628,000 in loans through the North Dakota Development Fund, Inc. (NDDF). The funding aims to drive economic growth, create jobs, and address critical community needs across the state. “The NDDF is dedicated to fostering growth by Read More…
Steve D. Scheel, the board chairman emeritus of SCHEELS, has been named the 50th recipient of North Dakota’s Theodore Roosevelt Rough Rider Award, the state’s highest honor for its citizens. Gov. Doug Burgum presented the award today, celebrating Scheel’s achievements in building SCHEELS into a leading retail brand known for its exceptional customer service, leadership, Read More…
(The Center Square) – Nearly 40% of all Americans plan to shop on Black Friday, to kick off the holiday shopping season. Holiday sales are already expected to once again break records this year, with the National Retail Federation expecting a total holiday spending of between $979.5 billion to $989 billion in November and December, compared Read More…
NI Holdings, Inc. (NASDAQ: NODK) announced today that Seth C. Daggett will take on the role of President and Chief Executive Officer (CEO), effective December 1, 2024. Daggett, who has over 20 years of industry experience, most recently served as the Company’s Chief Financial Officer (CFO) and Treasurer. He succeeds Cindy L. Launer, who had Read More…
Micron Technology, Inc. (Nasdaq: MU) has announced that it will hold its fiscal first-quarter earnings conference call on Wednesday, December 18, 2024, at 2:30 p.m. Mountain Time. The call will be webcast live and can be accessed via the company’s Investor Relations website at http://investors.micron.com/. A replay of the presentation will be available on the Read More…
In recognition of National Apprenticeship Week, Governor Greg Gianforte and the Montana Department of Labor & Industry (DLI) have announced a significant increase in apprenticeship opportunities across the state. According to a new report, the number of Montanans enrolled in active apprenticeships reached a record high of 3,150 at the end of September 2024, marking Read More…
Glacier Bancorp, Inc. (NYSE: GBCI), the parent company of Montana’s Glacier Bank, announced on November 20, 2024, that its Board of Directors declared a quarterly dividend of $0.33 per share. This marks the company’s 159th consecutive quarterly dividend and highlights its impressive track record of 49 dividend increases since its founding. The dividend will be Read More…
Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, has announced record financial results for the third quarter of 2024, marking a strong performance driven by high demand for its Super Scooper fleet. As a result, the company has raised its revenue guidance for the year and narrowed Read More…
Idaho-based 7k Metals is set to make waves in the numismatic world with the launch of one of its largest and most innovative coins: the 1-kilo Grand Canyon silver coin. This impressive collector’s piece, part of the company’s Topography collection, will debut on Black Friday, November 29, 2024, with a limited minting of just 77 Read More…
Daktronics, Inc. (NASDAQ: DAKT), a global leader in display systems, announced today that it will release its second-quarter fiscal 2025 financial results on Wednesday, December 4, 2024, before the market opens. The company will hold a conference call and webcast to discuss the results at 10:00 AM CT that day. Reece A. Kurtenbach, CEO, and Read More…
Legendary investor Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B), continues to captivate the financial world with his investment moves. As of November 14, Berkshire’s Class A shares have delivered a staggering cumulative return exceeding 5,660,000% under Buffett’s nearly six decades of leadership. Recent filings with the Securities and Exchange Commission (SEC) reveal Read More…
Goldman Sachs is considering spinning out its technology platform under the bank’s digital assets business, the company announced on Monday. The spin-out is still in its early planning stages, with the firm aiming to establish the new entity within the next 12 to 18 months. The platform, known as GS DAP, focuses on digital assets Read More…