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…
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…
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…
Southwest Airlines is ready to make the biggest push for business customers in the company’s history with a distribution deal with Southlake-based Sabre Corp. that started Monday. Dallas-based Southwest, which has long been reluctant to share revenue with third-party companies when it sells tickets, went live on Sabre’s global distribution platforms Monday. READ FULL STORY
BOZEMAN — Despite a pandemic, it seems like the city of Bozeman is doing great economically. But that comes with advantages and disadvantages. “What we’re seeing in the last year and a half is an unprecedented surge in housing prices driven in large part by the availability of relatively high-income folks to relocate in places Read More…
WORDEN- — As drought conditions worsen across Montana, farmers are being forced to wait longer to harvest alfalfa. This is leading to a hay shortage, which is causing prices to skyrocket. “I was looking, and prices are anywhere from three to four times higher than this time last year,” says Clint Johannes, a Worden-area farmer Read More…
New food trucks have rolled into nearly every corner of the Flathead Valley this summer, vending everything from tacos to hot dogs and specialty soda. “COVID, I think, definitely had a huge impact on that,” said Amanda Hart, a co-founder of Kalispell’s Rescue Dog. Hart and her husband, Colten, launched their hot dog truck in Read More…
Town and Country foods will open sometime this summer. It’s a little bit behind schedule because of COVID and delivery delays. Management at Town & Country and at some of the other shops at West Park say it’s really important to not have that building be empty. “They gutted Lucky’s (Market) at the auction,” said Read More…
The Montana Department of Environmental Quality laid down the law last week, issuing a violation letter to the Montana Tunnels mine in Jefferson City. The mine is considered officially abandoned or complete, the company owes a $16.8 million reclamation bond, and reclamation is overdue, said the DEQ. Montana Tunnels Mining Inc. owns the once active Read More…
Contango Oil & Gas will purchase all Wyoming natural gas assets owned by ConocoPhillips, the company revealed Thursday. The acquisition comes as ConocoPhillips moves to sell off some of its oil and gas assets and Contango looks to continue expanding its operations in Wyoming. The $67 million deal will transfer approximately 446 billion cubic feet Read More…
MISSOULA, Mont. – Missoula is growing, and with that, the downtown corridor is changing in order to support both its residents and tourists. One of the cornerstones of revamping downtown Missoula is the modern AC hotel on the corner of Pattee and Main Street. It can seem hard to believe, but just two years ago, Read More…
HELENA — Editor’s note: This is the first of a two-part series on NorthWestern Energy’s request for pre-approval of 225 megawatts of new electricity resources – including construction of a 175-megawatt natural gas-fired plant in Laurel. NorthWestern Energy’s proposal to build a 175-megawatt power plant fired by natural gas in Laurel, to help serve its Read More…
WASHINGTON (SBG) — Economists believe the pandemic has revealed just how vulnerable the United States’ supply chain is to major economic shocks and that the time is coming where experts will have to rethink how to move products around the globe. The country has experienced severe shortages of everything from computer chips, to toilet paper, to furniture Read More…
Some companies are turning to signing bonuses to attract workers as they struggle to fill positions. While most often associated with higher-paying jobs that require secondary education, signing bonuses are increasingly being tied to job applications for low- and middle-wage jobs — a sign that some say is a symptom of a labor shortage. The Read More…
Efforts to defend Duke Energy from a proxy campaign led by billionaire Paul Singer have recently taken two quiet steps backwards. Last month, Singer’s hedge fund Elliott Management urged the utility to split its $78 billion electric-and-gas empire into three companies — an unusual proposal in an era of consolidation that a few analysts variously Read More…