Lee Enterprises, the Iowa-based newspaper chain that owns hundreds of publications in 25 states, including several in Montana, has agreed to pay $9.5 million to settle a subscriber privacy lawsuit — even as it confronts fresh legal troubles from a February 2025 cyberattack that allegedly exposed the personal information of thousands of employees. Three new Read More…
Eastman Kodak Co. is facing heightened scrutiny after its latest 10-Q filing flagged a “going concern” risk tied to more than $470 million in term loan and preferred stock obligations due within the next 12 months. The disclosure, while required under accounting rules, signals that the company’s existing cash position is insufficient to cover upcoming Read More…
(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…
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…
agle Bancorp Montana, Inc. (NASDAQ: EBMT), the parent company of Opportunity Bank of Montana, announced today a net income of $2.7 million, or $0.34 per diluted share, for the third quarter of 2024. This marks an increase from the previous quarter’s net income of $1.7 million, or $0.22 per diluted share, and is consistent with Read More…
Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”) (NASDAQ: BAER, BAERW), one of the largest aerial firefighting companies in the United States, has announced that it will release its financial results for the third quarter ending September 30, 2024, on Monday, November 11, 2024, after the market closes. Management will host an investor conference Read More…
lack Hills Corp. (NYSE: BKH) announced today that its board of directors declared a quarterly dividend during a meeting held on October 28, 2024. Common shareholders on record as of the close of business on November 18, 2024, will receive a dividend of $0.65 per share, payable on December 1, 2024. Additionally, the company confirmed Read More…
(The Center Square) – Tens of millions of federal tax dollars are coming to Illinois to further support Rockford’s electric grid. During an event in front of a banner saying “Biden-Harris Administration; Investing in America,” Gov. J.B. Pritzker announced the $50 million in federal tax funds coming to the community to help achieve his “ambitious Read More…
Montana State University (MSU) Extension is set to launch the first Cattle Academy, a biennial regional conference for beef cattle producers, on November 19-20 at the Custer County Event Center, located at 72 Garryowen Road. The Cattle Academy aims to equip beef cattle producers with valuable insights on contemporary topics, current research, and innovative technologies Read More…
U.S. Senator Steve Daines today condemned new guidance issued by the U.S. Department of the Treasury regarding the Advanced Manufacturing Production Credit (45X), labeling it a “cynical and desperate attempt to get votes before the election.” Daines’ remarks came after the Treasury made minor adjustments to its draft guidance, which he had previously criticized for Read More…
Governor Greg Gianforte joined community leaders today to announce a $700 million investment aimed at enhancing affordable and reliable energy in Montana through the North Plains Connector Interregional Innovation project. This initiative will establish the first high-voltage transmission line connecting Montana’s eastern and western power grids. “Access to affordable and reliable energy is a top Read More…
(The Center Square) – Short on the heels of another major refinery closure, Valero signaled it is considering closing its two California refineries that produce over 14% of the state’s gasoline. Refinery closures already have the state importing 8% of its gasoline supply, which means the state could soon have to significantly increase its imports Read More…
The Wyoming Business Council (WBC) is proud to announce the launch of a new Job Board through Wyoming Venture Capital (WYVC), aimed at enhancing support for its portfolio companies and partners. This initiative addresses the ongoing challenges of recruiting qualified talent in Wyoming while providing job seekers with a streamlined resource to explore employment opportunities Read More…
Montana State University’s Department of Agricultural Economics and Economics, in collaboration with MSU Extension, will host the 18th Annual Agricultural Economics Conference from 9 a.m. to 3 p.m. on Friday, November 8. The event will take place at the Best Western GranTree Inn, located at 1325 N. Seventh Ave. in Bozeman. This year’s conference is Read More…
After closing over 100 locations and filing for Chapter 11 bankruptcy protection in May, Red Lobster has announced the appointment of Damola Adamolekun as its new CEO. The seafood restaurant chain, which has been a staple for 56 years, has faced significant challenges, including a leadership shake-up with five CEOs since 2021. Adamolekun, 35, expressed Read More…
The Montana Department of Commerce has announced the launch of a new grant program aimed at supporting rural and tribal agricultural businesses while promoting economic diversification throughout the state. The funding will be provided through the newly established Agritourism Grants Program. Paul Green, Director of the Montana Department of Commerce, stated, “This new grant program Read More…
Glacier Bancorp, Inc. (NYSE: GBCI) announced today that its Board of Directors has declared a quarterly dividend of $0.33 per share during a meeting held on September 24, 2024. This latest declaration marks the company’s 158th consecutive quarterly dividend, reflecting a strong commitment to its shareholders over the years. The dividend will be payable on Read More…
Boeing announced Monday that it had made a “best and final offer” to its striking machinists, including bigger pay raises and larger bonuses. However, the workers’ union quickly rejected the proposal, stating it wasn’t sufficient, and no ratification vote would occur before Boeing’s deadline at the end of the week. The union criticized Boeing for Read More…
Governor Greg Gianforte announced that Montana’s unemployment rate increased by 0.1% to 3.2% in August, still holding steady below the national average of 4.2%, according to the latest data from the U.S. Bureau of Labor Statistics (BLS) and the Montana Department of Labor and Industry. Montana’s unemployment rate has now been at or below 3.4% Read More…
Governor Greg Gianforte cut the ribbon on the new headquarters and production facility for Ultimate Defense Technologies in Billings, a weapons safety manufacturer expected to create nearly 90 jobs for Montanans. “Thanks to our pro-business policies and strong Second Amendment heritage, businesses like Ultimate Defense Technologies are choosing to relocate to Montana,” Gov. Gianforte said. Read More…
(The Center Square) – A coalition of small businesses are calling on Congress to make the 20% small business tax deduction permanent. Small business leaders visited Washington, D.C. this week to call on lawmakers to pass the Main Street Tax Certainty Act, a bill that would prevent the expiration of a small business tax credit Read More…
In July, GTUIT was awarded two significant patents that enhance its gas processing capabilities. The first patent, 12,025,373, titled “System and Method for Treating Associated Gas,” is central to GTUIT’s innovative technology. It features a liquid chiller designed to maintain a stable thermal reservoir, allowing for consistent treatment of associated gas, even amid rapid fluctuations Read More…
Michael Partnow, a seasoned veteran of the financial services industry, has partnered with Digital Wealth News (DWN) to announce the inaugural Big Sky | AI Roundtable, taking place on October 23-24 at the historic Baxter Hotel in Bozeman, Montana. This invitation-only event aims to explore the intersection of artificial intelligence and the financial services sector. Read More…
Montana State University will hold its annual Student Employment Job and Internship Fair on Wednesday, September 4, from 10 a.m. to 2 p.m. in the Strand Union Building ballrooms on campus. Organized by Career and Internship Services at the Allen Yarnell Center for Student Success, the event will provide students with opportunities to connect with Read More…
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…
BOZEMAN, MT – Pulsara, a leading platform for healthcare communication and logistics, has announced the appointment of Brian Webster, President and CEO of Kestra Medical Technologies, to its Board of Directors. Webster brings decades of healthcare leadership experience to Pulsara, poised to enhance its growth and innovation strategies. James Woodson, MD, Founder and CEO of Read More…
J. Michael Cline, the founder of Fandango, tragically passed away after a fatal fall from a luxury hotel in New York City on Tuesday morning, authorities have confirmed. Cline, aged 64 and a resident of Palm Beach, Florida, was discovered “unconscious and unresponsive” at the Kimberly Hotel located at 145 East 50th St. in Manhattan. Read More…
BELGRADE, Mont. – Bridger Aerospace Group Holdings, Inc. (“Bridger Aerospace”), a prominent provider of aerial firefighting services, has completed the acquisition of FMS Aerospace (“FMS”), based in Huntsville, Alabama. This strategic move marks Bridger’s expansion into comprehensive airframe modification and integration solutions for government and commercial clients. The transaction, valued at $20.6 million in equity, Read More…
KALISPELL, Mont. – Glacier Bancorp, Inc. (NYSE: GBCI) announced that its Board of Directors, has approved a quarterly dividend of $0.33 per share. This declaration marks the Company’s 157th consecutive quarterly dividend payout and represents the 49th increase in its dividend history. The dividend is scheduled to be paid on July 18, 2024, to shareholders Read More…
NorthWestern Energy has formally requested approval from Montana regulators to raise rates for its electric and natural gas customers, marking its first rate adjustment petition since its last review two years ago. NorthWestern Energy submitted its proposal to the Montana Public Service Commission (PSC) for an interim rate increase. The initial request outlines a $2 Read More…
BILLINGS – Billings is set to elevate its event hosting capabilities with the imminent completion of two state-of-the-art event centers by the close of the year. The Billings Hotel & Convention Center is slated to unveil a significant addition, encompassing approximately 16,000 square feet of brand-new space. This expansion aims to cater to larger gatherings Read More…
(The Center Square) – Montana is receiving $40 million in federal funds due to legislation sponsored by U.S. Sen. Steve Daines. The “Endless Frontier Act” calls for increased investments in science and technology innovation as a way of strengthening the U.S. economy and national security to compete with China and other nations. “Montana continues to lead Read More…
Governor Greg Gianforte recently attended the reopening ceremony of Big Sky Decon in Belgrade, highlighting Montana’s resilient economy and the ingenuity of its entrepreneurs. “Montana’s economy continues to thrive despite challenges like inflation and workforce pressures resulting from policies at the federal level,” Governor Gianforte remarked. “I was pleased to visit Big Sky Decon in Read More…
Governor Greg Gianforte underscored Montana’s thriving economy and recent initiatives to enhance the state’s business environment during his address at the Big Sky, Bright Futures Economic Summit in Bozeman, where he joined the Montana Chamber of Commerce. “With record business creation and a historically high employment rate, Montana’s economy is moving forward,” Governor Gianforte emphasized. Read More…
The Montana Department of Labor and Industry has announced the winners of the 2024 Montana State Employers Council Employers of Choice Award. This annual accolade celebrates employers who demonstrate exceptional dedication to attracting and retaining employees, thereby nurturing a vibrant workplace culture. “Montana’s small businesses are integral to our economy and our way of life. Read More…
The Department of Administration (DOA) announced its intention to award the contract for the state’s health plan’s medical Third-Party Administrator (TPA) to BlueCross BlueShield of Montana (BCBSMT), the incumbent provider. In March 2024, the DOA issued a Request for Proposal (RFP) to solicit competitive bids for TPA services for the state’s medical plan serving employees Read More…
Billings City and Billings Logan International Airport have jointly announced the commencement of seasonal air service to Minneapolis-Saint Paul International Airport, facilitated by Sun Country Airlines. The service is set to commence this Wednesday, June 19, and will operate through late August. The inaugural flight from Minneapolis-St. Paul is scheduled to arrive just after 12 Read More…
The economy is set to be a pivotal issue in the 2024 presidential election, highlighting the stark differences between President Joe Biden and former President Donald Trump. Consider the American economy as a bag filled with a variety of policies and economic indicators, with inflation being a prominent one. Although inflation has retreated from its Read More…
(The Center Square) – Vermont is the first state to enact a law requiring the fossil fuel industry to pay for “climate change cost recovery.” The bill became law without Republican Gov. Philip Scott signing it. In a May 30 letter to the Vermont General Assembly, he explained why. “Vermont – one of the least Read More…