Governor Greg Gianforte visited two prominent multi-generation family businesses in Missoula and Jefferson counties on as part of his 56 County Tour, highlighting the enduring spirit of the American Dream in Montana. “The American Dream is alive and well in Montana thanks to our hardworking job creators committed to carrying on their family legacy,” Gov. Read More…
Continuing his 56 County Tour, Governor Greg Gianforte visited Sweet Grass, Stillwater, and Carbon counties today to showcase local small business achievements and discuss how pro-business policies are supporting Montana’s rural economies. “It’s great to spotlight our small business owners who are building community and fueling our rural economies,” Gov. Gianforte said. “Through our pro-business, Read More…
This week promises to be pivotal for the tech industry, with major companies set to release their earnings reports amidst a climate of heightened scrutiny and market volatility. Raymond James analysts have highlighted Apple as a “more stable AI play for volatile times,” positioning it as a key player in the ongoing debate over the Read More…
Glacier Bancorp, Inc. (NYSE: GBCI) announced its financial results for the second quarter and first half of 2024, highlighting significant developments in earnings and operational performance. For the second quarter ended June 30, 2024, Glacier Bancorp reported a net income of $44.7 million, marking a notable increase of $12.1 million, or 37 percent, from the Read More…
The internet hasn’t turned out the way it was supposed to. In its earliest incarnation, before some Wall Street Journal readers were born and the rest had fewer automatically renewing digital subscriptions, it was supposed to be distributed, user-controlled and, in a word, democratic. READ FULL STORY
HELENA — Lee Enterprises, the owner of several Montana newspapers, has rejected a bid by Alden Global Capital, LLC, a hedge fund, to purchase the company. Lee is the parent company of the Montana newspapers the Helena Independent Record, the Missoulian, the Billings Gazette, the Montana Standard and the Ravalli Republic. Alden was offering $24 Read More…
LAKESIDE, Mont. – With snow over the weekend and more in the forecast, Blacktail Mountain Ski Area is gearing up for its upcoming season. After announcing new ownership in November, some changes are coming to the mountain this ski season. General Manager Jessi Wood said they don’t have an opening day scheduled yet, but she’s Read More…
Shares of Lucid Motors tanked Monday morning after the electric car maker disclosed that its been slapped with a subpoena as part of an investigation into the merger that took Lucid public earlier this year. “On December 3, 2021, [Lucid] received a subpoena from the [Securities and Exchange Commission] requesting the production of certain documents related to an Read More…
Just days after receiving a $750 million cash infusion, a tech startup that Forbes branded in October as a “unicorn,” valued at $7 billion, laid off hundreds of employees in a manner that some online deemed “brutal.” Better.com, a digital mortgage lender with offices in Oakland, laid off 900 employees weeks before Christmas on a mass Zoom call. Only those Read More…
Elon Musk and Jamie Dimon don’t get along. Mr. Musk has spurned Mr. Dimon’s JPMorgan Chase & Co. for years, turning to other banks while expanding Tesla Inc. and his broader empire. Conversations over the years between the two companies have often upset one side or the other, according to people familiar with the matter. Read More…
GREAT FALLS — Montana is a place that many people want to call home, and after the effects of COVID restrictions ran out both of this family’s businesses due to shutdowns, they decided to make Montana their home. Jon and Amanda Bush were the power couple to beat in their town of Vancouver, Washington. Amanda Read More…
Helium is blowing up in the Flathead Valley — the technology start-up firm, that is. Jeff DuPuy, a local tech enthusiast, is spearheading the deployment of a radio system that acts as an alternative to traditional internet services. Dupuy is working with “other nerds across the country” to bring the benefits of the Helium system Read More…
“Let’s go Brandon” to the moon? A cryptocurrency digital coin labeled $LGB, which stands for the phrase “Let’s go Brandon,” went up 150%. The cryptocurrency is “America’s Coin,” according to its website . The digital coin is part of the mission to fight back “against the establishment, their mismanagement, and the financial fleecing of the American people,” the website Read More…
BILLINGS — Billings will soon get a new concert venue in the form of an outdoor pavilion on the east side of Downtown. It’ll be built near 2nd Avenue North and N. 17th Street, and plans so far are receiving positive feedback from people in that area. “I’m sure it would add a lot to Read More…
Tesla CEO Elon Musk faces a tax bill of more than $15 billion in the coming months on stock options, making a sale of his Tesla stock this year likely regardless of the Twitter vote. Musk asked his 62.7 million Twitter followers over the weekend whether he should sell 10% of his Tesla holdings. “Much is made lately of Read More…
Jes Staley stepped down as chief executive of Barclays PLC under pressure from regulators about how he characterized his relationship with the convicted sex offender and financier Jeffrey Epstein. Barclays said Mr. Staley stepped down “in view of the conclusions” made by U.K. regulators in its long-running investigation into what Mr. Staley told the bank about his Read More…
The Kalispell City Council voted to restrict marijuana dispensaries, cultivation and manufacturing to industrial zones after a second reading of the ordinance at the Oct. 18 council meeting, setting the city’s framework for facilities once operations can begin on Jan. 1, 2022. While marijuana operations are permitted in the city, they will be limited to Read More…
HAMILTON — It’s fall in Montana, with windswept mountain ranges and morning temperatures hovering in the 30s, and it’s not the ideal growing season. That is unless you’re inside Local Bounti. “This new type of growing is really exciting,” said Meaghan McGrath, director of product development. Local Bounti is a company specializing in growing facilities that Read More…
GREAT FALLS — Delta is rebuilding its flight schedule across the nation. The airline is raising its capacity to 80% later this year. It’s been operating at 71% of its regular capacity. Here in Montana, it’s a bit of a different story right now. Recently, Delta cut its direct flight from Great Falls to Minneapolis. Read More…
Southwest Airlines has scrapped a plan to put unvaccinated employees who have applied for but haven’t received a religious or medical exemption on unpaid leave starting by a federal deadline in December. Southwest Airlines and American Airlines are among the carriers that are federal contractors and subject to a Biden administration requirement that their employees are vaccinated against Covid-19 by Read More…
The 2021/22 ski season will be Dan Graves’ last as chief executive officer of Whitefish Mountain Resort, a position he has held for 15 years. Graves was promoted to the role of CEO in 2007, and the resort said in an Oct. 6 press release “the list of accomplishments under Graves is long and the Read More…
If the growing scrum of land and development interests bearing down on the intermountain west were to attend a formal gala, the region’s swaths of privately owned forestlands would surely stand out as the belle of the ball. And yet, as America’s working forestlands endure an unprecedented degree of pressure to convert their traditional bases to Read More…
BILLINGS – They’re calling it L.A. traffic jams in the shipping lanes of the Pacific Ocean, but the backlog of cargo ships waiting for a turn to dock and unload is impacting businesses in Billings. On both the West and East coasts, ships are hanging out in the ocean for days, filling up a so-called Read More…
A Delaware judge should order Elon Musk to repay $9.4 billion to Tesla for the benefits he received by pushing the electric-vehicle maker in 2016 to buy an ailing solar company he partly owned, according to Tesla investors in a court filing late Friday. The investors said a “simple and practical” way to undo the benefits they Read More…
MISSOULA, Mont. – Montanans kicking off the first weekend of October with the Missoula Scheels grand opening. Making it the third Scheels store in Montana and 30th store in the country. As the opening ribbon came down, the energy ran high as people came piling through the doors, in Missoula Southgate Mall’s new addition. Some Read More…
YouTube is cracking down on anti-vaccination content on its site, taking down several channels from high-profile anti-vaccination activists. A representative for Google, YouTube’s parent company, confirmed to the Washington Examiner that channels belonging to “well-known vaccine misinformation spreaders,” such as Joseph Mercola, the Children’s Health Defense Fund, which is affiliated with Robert F. Kennedy Jr., Erin Elizabeth, Read More…
The Whitefish Planning Board recently voted in support of two separate proposals to build new hotels in the city, one on a prominent lot downtown and the other off U.S. 93 south of the core business district. Both projects require conditional-use permits and approval from the Whitefish City Council to move forward, with developers of Read More…
HAMILTON — You may not give much thought to where the vegetables on your plate come from, but one company with Montana roots has, and it’s setting its sights on changing agriculture by bringing innovation to indoor farming. Local Bounti built its first large state-of-the art-greenhouse in Hamilton and has plans for several more in Read More…
At a Sept. 14 Kalispell Chamber of Commerce, Convention and Visitor Bureau luncheon at the Hilton Garden Inn, Gov. Greg Gianforte promoted Montana as a competitive business state while emphasizing its economic resiliency during the pandemic. Gianforte spoke following a visit with GL Solutions, a software company that recently relocated to Kalispell from Bend, Oregon, Read More…
North Dakota witnessed a 5 percent drop in its oil and gas production this past July, the result of a series of outages at five natural gas plants in the state. Natural gas processing plants at Bear Creek, Lonesome Creek, Robinson Lake, Tioga, and Watford City were offline during various times in July, due to Read More…
Twitter disclosed a binding agreement to settle a class-action lawsuit, under which the social network will pay $809.5 million to resolve claims it provided misleading user-engagement info to investors. The original lawsuit, filed in 2016 by a Twitter shareholder, alleged Dorsey and others including former CEO Dick Costolo and board member Evan Williams hid facts about Read More…
In early 2021, Amazon installed AI-powered cameras in the delivery vans at one of its depots in Los Angeles. Derek, a delivery driver at the facility, said the camera in his van started to incorrectly penalize him whenever cars cut him off, an everyday occurrence in Los Angeles traffic. “Maintain safe distance,” the camera installed Read More…
The Consumer Financial Protection Bureau proposed a rule Wednesday to raise transparency around loans for small businesses. If finalized, the federal agency’s rule would require lenders to collect and report more data about credit applications from small businesses, including demographic and pricing data and reasons for which lenders deny a loan. The rule would help regulators learn how entrepreneurs Read More…
Impossible Foods on Tuesday launched its meatless chicken nuggets in restaurants and announced plans to bring the new offering to supermarkets by the end of the month. In the last decade, chicken has overtaken beef as Americans’ top meat choice, making it a target for the companies like Impossible that are looking to replace or Read More…
HELENA, Mont. – The Federal Aviation Administration (FAA) is proposing a $339,716 fine against Helena-based Slice of the 406 LLC, and Minnesota-based 82 and Sunny LLC, for “allegedly conducting illegal charter flights.” The FAA alleges between July 2017 and November 2018, 26 passenger-carrying flights were conducted without having the required FAA operating or air carrier certificates. The Read More…
John Paulson, the hedge fund billionaire who made a fortune in 2008 when he shorted the housing bubble, said in an interview published Sunday that he believes cryptocurrencies will eventually go bust. The 65-year-old told “Bloomberg Wealth with David Rubenstein” that he wouldn’t recommend the investment to anyone. He said there is a cryptocurrency bubble that will Read More…
BILLINGS — Bow and rifle hunting season is upon us, which is why one Montana-based company is aiming to educate people around the country on the sport. For the Love of Hunting (FORLOH), an outdoor apparel company, has traveled across the nation to educate people on hunting and its responsibilities. But they also offer fun opportunities around Read More…
A hydrogen hub is on the horizon for the Bakken, in about half the time it usually takes, according to a release from Bakken Energy. The infrastructure development company announced Monday, Aug. 16 that an agreement has been reached with Basin Electric Cooperative to purchase the assets of the Dakota Gasification Company, which owns Read More…
For the first time since the pandemic began, Montana’s oil industry is seeing renewed activity. In August, two drillling rigs set up shop in eastern Montana. Both are horizontal rigs targeting oil production for Kraken Oil & Gas. It’s been more than 16 months since Montana reported any oil rig activity along the western edge Read More…
After more than a decade in the making, Limberlost Brewing Co. is open in Thompson Falls. Two northwestern Pennsylvania natives — Zach and Kate Whipple-Kilmer — learned from a close friend how to brew beer more than a decade ago. They saved their money, bought their equipment and bided their time. In 2015, the couple Read More…
MISSOULA, Mont. – As tourism bounces back across the treasure state, hotel availability is dwindling while prices are skyrocketing. To put this in perspective, when I search for a hotel room here in Missoula for Friday, there’s absolutely nothing available. The city’s completely sold out. So, just how hard is it to find a place Read More…
Goldman Sachs will see Morgan Stanley and JPMorgan’s six-figure salaries for entry-level bankers — and raise them $10,000. As early as this week, Goldman Sachs will announce junior bankers can expect an even more generous payday than their peers at rival firms, The Post has confirmed. First-year bankers will now pull in $110,000 in base Read More…
Reese Witherspoon’s media business, Hello Sunshine, is selling itself to a firm backed by private-equity giant Blackstone Group Inc., the companies said, part of a plan to build an independent entertainment company for Hollywood’s streaming era. The companies didn’t disclose the terms of the deal. People familiar with the matter said it values Ms. Witherspoon’s Read More…
GREYCLIFF — “There’s nothing like discovering a jewel in the making – finding a building that’s not in so great of shape, and then beginning to dream and imagine what that could be turned back into.” Matthew Brandstadt, born on the Western slope of Colorado, knew pretty early in life exactly what he wanted to Read More…