SITKA Gear, a leader in high-performance hunting and outdoor apparel, announced a series of strategic changes to its sales team aimed at aligning talent with the company’s evolving business priorities. The adjustments include the addition of three new sales representatives and a significant territory expansion for a veteran team member, all designed to strengthen retail Read More…
Glacier Bancorp, Inc. (NYSE: GBCI) announced Friday that it has received all necessary regulatory approvals for its planned acquisition of Bank of Idaho Holding Co. (OTCQX: BOID), clearing a major hurdle in the completion of the deal. The acquisition, which includes Bank of Idaho and its subsidiaries, is now scheduled to close on April 30, Read More…
The U.S. Federal Trade Commission has taken a preliminary step toward potentially reversing boardroom restrictions imposed on Chevron and Exxon Mobil as part of their recent major acquisitions, signaling a shift from policies enacted under the Biden administration. The restrictions, which were key conditions for approving the oil giants’ multi-billion-dollar mergers, barred specific executives from Read More…
In a dramatic move to get ahead of looming U.S. tariffs, Apple has airlifted approximately 600 tons of iPhones—equivalent to around 1.5 million devices—from India to the United States, according to a report by Reuters. The unprecedented shipment is part of the tech giant’s effort to stabilize supply and avoid potential price hikes that could Read More…
Wind farms and massive arrays of solar panels are cropping up across public and private landscapes both in the United States and abroad as users increasingly turn to “green energy” as their preferred flavor of electricity. President Joe Biden, in fact, has directed the Interior Department to identify suitable places to host 20 gigawatts of Read More…
Facebook is readying an antitrust lawsuit against Apple, according to a report from The Information. Facebook has been preparing the case for months alongside external legal experts, sources told the outlet. The lawsuit specifically alleges that Apple abused its market power by forcing third-party developers, including Facebook, to follow a different set of rules that Apple’s Read More…
Retail brokerages restricted trading on Thursday in GameStop and other stocks caught in a frenzy that has captivated Wall Street and caused big losses for hedge funds. Free-stock trading pioneer Robinhood and Interactive Brokers said that in some cases, investors would be able to sell only their positions and not open new ones. Both brokerages raised margin Read More…
WASHINGTON — Lockheed Martin-owned Sikorsky and Boeing have pitched a tweaked version of the team’s coaxial technology demonstrator — the SB-1 Defiant — which it plans to submit for the U.S. Army’s Future Long-Range Assault (FLRAA) competition, according to the companies. The modified, competition-ready aircraft design is being called Defiant X, taking the same surname as little Read More…
HELENA — It’s been more than three years since the last store in Helena’s Capital Hill Mall closed its doors, and nearly two years since the former mall building was demolished. Now, the first new construction at the site is getting underway. Contractors are currently putting up the frame for a new building south of Read More…
Fast-food workers in 15 cities around the country will be walking out Friday in a strike for the federal government to increase the national minimum wage to $15 an hour. The strike is being organized by Fight for $15 and a union. “Fast-food workers are going on strike January 15, on what would be MLK’s 92nd Read More…
(Bloomberg) — While the jury is still out on whether Bitcoin is a bubble, one thing is certain: it’s unlike any other bubble we’ve seen. Previous speculative asset-inflation episodes were either a one-off, like tulip mania in the 17th century, or the boom-doom cycle took many years, like gold. Bitcoin, by comparison, has survived three Read More…
BOZEMAN, Mont. – Despite the increase in air travel over the holidays the Bozeman Yellowstone International Airport (BZN) still reported a 43.5% decline in passenger numbers in 2020 compared to the record 2019 year. On a national basis, the Transportation Security Administration reported a 60.7% decline in passenger throughput across 440 U.S. airports. Bozeman Yellowstone Read More…
Fort Worth-based BNSF Railway has proposed a plan to reduce the number of grizzly bears killed by its trains in Montana. In 2019, BNSF trains killed eight grizzlies. That year, one of its locomotives killed a cow and that carcass attracted grizzlies. Two of them died in train collisions and three others were killed by Read More…
MENLO PARK, Calif. – Facebook has reportedly sent out an internal memo about employee safety, warning staff to avoid wearing or carrying company branded items in public. According to Business Insider, the Menlo Parked-based social media company sent out the memo on Monday, stating, “In light of recent events, and to err on the side of caution, global Read More…
BILLINGS — Applications are open for Montana business owners to receive a second round of Paycheck Protection Program loans from the U.S. Small Business Administration, with a few more caveats in the application for second-time borrowers this go-around, said Kevin Kraft, president of the Shiloh branch of Yellowstone Bank Sunday. “The biggest difference is you have to Read More…
Helena, MT- With the start of the 2021 Legislature fast approaching, Montana’s premier business advocacy organization is laying out its top policy priorities for the new year, the focus of which is aimed at near-term recovery and maintaining long-term, sustainable economic growth. “As businesses continue to navigate the public health and economic challenges presented by Read More…
BOZEMAN — Manufacturing continues to be a significant driver of Montana’s economy, according to a report recently released by Montana State University’s Montana Manufacturing Extension Center, whose positive impact is discussed in the annual snapshot. The 2020 Montana Manufacturing Report, prepared by the Bureau of Business and Economic Research at the University of Montana, analyzes trends in the state’s Read More…
BILLINGS — The fast-food chain Chick-fil-A is headed to the Billings West End after a developer filed a request for zoning clarification to construct a restaurant in the Planet Fitness parking lot on the corner of 24th Street West and Marketplace Street. TFC Rosebud, LLC of Utah filed the request on December 1, 2020, and the plan Read More…
MISSOULA — The Missoula County Airport Authority this week approved a $2 million state loan for Neptune Aviation to fund the purchase of two aircraft hangars and the creation of dozens of new jobs. Neptune, a national aerial firefighting company based at Missoula International Airport, purchased the hangars last September from Homestead Helicopters. The hangars Read More…
MISSOULA, Mont., Dec. 31, 2020 /PRNewswire/ — FYR Diagnostics, a Missoula-based biotech company, has executed a contract with the State of Montana that will increase statewide COVID-19 testing capacity and reduce the time patients must wait to receive results. Adding FYR as a primary testing resource will keep test processing within Montana and alleviate pressure on the state laboratory in Helena. “Even with the Read More…
CHEYENNE, Wyo. (AP) — U.S. officials have approved a 5,000-well oil and gas project spread across more than 2,300 square miles in eastern Wyoming. Five major oil and gas companies proposed the development between Glenrock and Douglas that has stirred concern over its massive size and plans to drill year-round. Wednesday’s approval from the Bureau Read More…
There are 123 teams among the Big Four North American Men’s Sports Leagues (MLB, NFL, NBA and NHL). Only one of them received a loan under the Paycheck Protection Program. That team is the Pittsburgh Penguins, who received a loan of $4.82 million through the program authorized by the CARES Act. According to the Small Read More…
Grocery chain Kroger announced Tuesday that is plans to hire 1,000 people to administer coronavirus vaccines at the chain’s 2,200 pharmacies and 220 clinics. Kroger’s vaccine program launches this week in the state of Alaska as health care workers in Anchorage and Juneau will be vaccinated by Kroger staff. Kroger says that it is working Read More…
Move over, Europe. Tucked in near the end of the 130-page antitrust lawsuit Texas filed against Google last week are claims that could force the search giant to pay out trillions of dollars in damages, dwarfing previous levies against the company. That would be a serious blow even to a company as large as Google, with Read More…
BIGFORK — Bigfork during the summer is usually full of tourists and people enjoying Flathead Lake but one restaurant would have closed this past summer if not for state-funded coronavirus grants. “Bigfork is right at the north end of the lake and we have The Playhouse right beside the restaurant so that’s usually full — and then we’re Read More…
NFL legend Tom Brady’s sports company TB12 INC. secured an almost $1 million Paycheck Protection Program (PPP) loan from the federal government amid the coronavirus pandemic. Though reports of Brady’s PPP loan was initially revealed in July, the amount was unknown. Data released by the U.S. Small Business Administration in December revealed that TB12 received $960,855. The PPP loan Read More…
After a dreadful year for our local economy, this year’s “Small Business Saturday,” carried a little more weight than usual. “Last year, Small Business Saturday was our single largest retail sales day since we opened our doors in 2008,” said Amy Dolan, co-owner of Noteworthy Paper & Press. But that was last year — and 2020, Read More…
Italy’s competition authority on Monday fined Apple €10 million for misleading consumers about the water-resistance of its iPhones. Apple advertised several iPhone models as resistant to water for up to 30 minutes, even a few meters under water, but it didn’t make clear that this is only true under specific conditions (pure water in a laboratory), which Read More…
On March 9, less than a year after Gov. Steve Bullock signed House Bill 725 legalizing sports betting in Montana, the first betting terminals were placed inside bars and casinos across the state. Two days later, the NBA suspended the remainder of the professional basketball season. A day after that, the NHL and MLS suspended Read More…
A local Helena photographer celebrated five years in business. Kevin League hosted a grand opening of his new, permanent gallery this weekend in Downtown Helena to celebrate the anniversary. For League, having a full-time space to display his work is the first within his five years in business. League has numerous awards for his work Read More…
Comcast is adding a data cap for some of its home-internet plans starting in January. The telecommunications giant recently confirmed it’s introducing a limit of 1.2 TB on Xfinity Internet plans in 14 states and the District of Colombia. If customers that don’t have unlimited plans go over that cap, they must pay $10 for Read More…
The U.S. Supreme Court turned away a bid by Walmart Inc. to start selling liquor at its Texas stores, leaving intact for now a state law that bars such retail sales by publicly-owned companies. The rebuff, which came without comment, sends Walmart’s challenge back to a federal trial court, where the world’s largest retailer will Read More…
As COVID cases surge across the US, Waffle House CEO Walt Ehmer does not want to shut down indoor dining. And, he really does not want the government to force him to do so. “A lockdown is going to put a lot of people out of work,” Ehmer told Business Insider. “It’s really not about Read More…
GREAT FALLS — Blackfeet Tribe business owners can now apply for grants to help them make up for some of the money they’ve lost this year due to the pandemic. Application are being accepted through December 11. As of Tuesday, about two dozen businesses had submitted applications. The committee overseeing the grant was still in Read More…
HELENA – The Montana Chamber Foundation announced today its plans to host The Prospects, a statewide high school business plan and pitch competition. As a part of Envision 2026, the Montana Chamber of Commerce’s ten-year strategic plan, the organization is working to build an opportunity for business growth and prosperity by improving Montana’s talent pipeline Read More…
Fox News viewers appear to be deserting the network in droves as they tune into Newsmax TV. Nielsen data confirms the trend in the post-election period last week. During Wednesday through Friday last week, Newsmax TV led Fox Business and CNBC in all key day parts. Newsmax is also seeing a terrific surge across its media Read More…
McDonald’s chief executives joined Walmart’s CEO in calling for another stimulus package. “We need a stimulus measure, I think that is very clear,” McDonald’s CEO Chris Kempczinski said in an interview with CNBC on Tuesday. Kempczinski called for President-elect Joe Biden and Vice president-elect Kamala Harris to address the coronavirus pandemic and climate change, as well Read More…
The New York Times Co. for the first time Wednesday reported higher revenues from its digital business than its print operations, a “watershed moment” in the newspaper’s nearly 170-year history, according to CEO Mark Thompson. “And we don’t think it’s likely we’re going to go back from this moment,” Thompson said on CNBC’s “Power Lunch.” The Times reported Read More…
New changes are coming to one of downtown Kalispell’s oldest historic buildings. Originally opened in 1912, the Kalispell Grand Hotel is now under new ownership. Noelle and John Barr of Houston, Texas, took ownership of the downtown landmark after it spent more than 30 years under the care of Janet and Butch Clark. “We’ve got Read More…
FRAMINGHAM — A Framingham development company is co-redeveloping a Montana mall and bringing the first Whole Foods Market to the western state. Framingham-based Grossman Development Group, LLC, is partnering with Boston Realty Advisors/The Broadway Company and the ownership of the Gallatin Valley Mall in Bozeman, Montana, to redevelop the shopping center that serves a five-county trade Read More…
First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.76%. A quarter ago, it was expected Read More…
HOUSTON, Texas — Just in time for the holiday, Amazon is doing a mega-seasonal hiring event, which includes new jobs available in Houston. According to a release, the company is adding 100,000 new seasonal jobs across the U.S. and Canada, to complement its regular full- and part-time positions. Some 2,800 of those positions are in Read More…
As the unpredictable nature of the coronavirus pandemic continues to affect every industry differently, sawlog prices in Montana are reaching record levels, said F.H. Stoltze Land and Resource Manager Paul McKenzie. “The product demand has increased dramatically in general forest products,” he said. According to the University of Montana Bureau of Business and Economic Research Read More…
Graphics chip giant Nvidia mopped up the floor with its competition in a benchmark set of tests released Wednesday afternoon, demonstrating better performance on a host of artificial intelligence tasks. The benchmark, called MLPerf, announced by the MLPerf organization, an industry consortium that administers the tests, showed Nvidia getting better speed on a variety of Read More…