Meta Platforms Inc., the parent company of Facebook, has entered into a series of commercial AI agreements with prominent news publishers, including USA Today, People Inc., CNN, Fox News, The Daily Caller, Washington Examiner, and Le Monde, the company announced Friday. The partnerships will allow Meta to provide “real-time” news and updates through its AI Read More…
Warner Bros Discovery (WBD) has agreed to sell its iconic studio and streaming assets to Netflix (NFLX) for $72 billion, a blockbuster deal that will reshape Hollywood and create a vertically integrated media powerhouse. The deal ends a weeks-long bidding war with Paramount Skydance and Comcast, coming amid sweeping changes in the media industry as Read More…
Google on Friday withdrew its European Union antitrust complaint targeting Microsoft’s cloud computing practices, just a week after EU regulators opened an investigation into whether Microsoft should face scrutiny under rules designed to curb market dominance in the sector. The EU’s move, announced last week, signaled growing concern about Microsoft’s influence in cloud services, including Read More…
Warburg Pincus has reached an agreement to acquire a majority stake in Raptor Technologies from private equity firm Thoma Bravo, in a transaction valuing the school safety software provider at roughly $1.8 billion, according to people familiar with the negotiations. Sources said the deal could be announced imminently. They requested anonymity because the details are Read More…
Meta’s head of business AI, Clara Shih, tells CNBC’s Julia Boorstin in an interview for CNBC Changemakers that she expects AI to transform every job and every business, including the hundreds of millions of small businesses that use WhatsApp, Instagram and Facebook to connect with customers. Meta Platforms is among the U.S. tech giants leading Read More…
U.S. President Donald Trump has retreated more on 25% tariffs against Canada and Mexico after Wall Street opened with big losses for stocks Thursday and businesses and consumers worry about higher prices and a potential recession. U.S. Commerce Secretary Howard Lutnick told CNBC Thursday that products and materials governed under the current North American trade Read More…
The U.S. Department of the Treasury on Sunday said it won’t enforce the penalties or fines associated with the “beneficial ownership information,” or BOI, reporting requirements. Previously, the Treasury set a March 21 deadline for businesses to comply or risk fines of up to $10,000. The Treasury will also propose regulation to apply the BOI Read More…
In a cautious assessment of its business in China, Nvidia executives warned during the company’s quarterly earnings call Wednesday that the ongoing U.S.-China trade conflict is hurting its revenue, with tariffs and export controls adding significant uncertainty to its outlook. CEO Jensen Huang highlighted that Nvidia’s sales in China have been slashed by half since Read More…
Expanding Opportunity While many in Altadena’s entrepreneurial community remain optimistic about a recovery, multiple business owners described lengthy and difficult roads ahead. Some businesses were burned entirely to the ground, while others face long-term displacement due to damage or smoke. For those fortunate enough to have brick-and-mortar properties still standing, they’re surrounded by what some Read More…
Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER, BAERW), one of the largest aerial firefighting companies in the United States, today announced its participation in two upcoming investor conferences: the Canaccord Genuity Sustainability Forum and the 37th Annual ROTH Conference. On Wednesday, February 26, 2025, Bridger Aerospace’s management will speak at the virtual Canaccord Genuity Sustainability Read More…
Michael Saylor, the executive chairman of the newly renamed Strategy, stirred up a social media storm this week with an eyebrow-raising suggestion to his 4 million followers on X (formerly Twitter). In a post on Thursday, Saylor told his audience to “sell a kidney if you must, but keep the Bitcoin,” as the cryptocurrency faced Read More…
Two Republican lawmakers representing rural eastern Montana districts are sponsoring bills to restrict where new wind turbines can be built and how tall they can be. Proponents of the proposals argue they will reduce wind farms’ impact on neighboring landowners and communities. Opponents counter that the bills will stifle a growing but underdeveloped Montana industry 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…