Featured Articles in Business

In 3 months, federal oil, gas lease sales total $39 million in 5 western states

(The Center Square) – The Trump administration is continuing to reverse Biden administration energy policies, including its moratorium on new oil and natural gas lease sales on federal land and offshore waters. In response to President Donald Trump’s executive order, “Unleashing American Energy,” Interior Secretary Doug Burgum issued an order to reduce regulatory burdens and Read More…

Ackman’s Bold Bets and Tariff Tussles Define a Volatile 2025

Billionaire hedge fund manager Bill Ackman, known for his outsized bets and outspoken commentary, has been a lightning rod in 2025, navigating a turbulent market landscape while wielding influence in both finance and politics. His Pershing Square Capital Management’s portfolio is down nearly 14% year-to-date, a rare stumble for the activist investor, yet his high-profile Read More…

All in: Business

Tesla buys $1.5 billion in bitcoin, plans to accept it as payment

Tesla announced Monday it has bought $1.5 billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” Tesla also said it will start accepting payments in bitcoin in exchange for its products “subject to applicable Read More…

Wyoming Governor Cites “All the Above” Approach to Rebuild State’s Oil, Gas Sector

Wyoming Gov. Mark Gordon is pushing to build up the state’s economic recovery through proposals and initiatives that he said would add value to the agriculture, tourism, and energy sectors. Taking an “all the above” approach, Gordon said he would seek to further bolster Wyoming’s energy and mining sectors. The governor supports bills allowing severance Read More…

Grow Great Falls Montana offering free online course for Montana businesses, valued at nearly $400

GREAT FALLS, Mont.- A free online course is geared toward boosting success, and it’s open to every business in Montana. The courses will help business owners increase revenue, sales, traffic, and profitability. “Destination Creation” by Grow Great Falls is normally priced at $399, but that fee has been lifted in an effort to help business Read More…

FOREWARN Partners with Montana Regional MLS

Montana’s largest MLS contracts to make FOREWARN services available for its 3,000+ REALTOR® members to promote proactive agent safety BOCA RATON, Fla., Feb. 01, 2021 (GLOBE NEWSWIRE) — FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that the Montana Regional MLS (“MRMLS”) Read More…

Energy companies sue President for suspending oil and gas leases on federal land

A group of companies involved in the exploration and production of oil and natural gas, is challenging President Biden’s executive order that would stop future land leases for those businesses. The Western Energy Alliance (WEA) filed a complaint against the Biden Administration in U.S. District Court in Cheyenne, Wyoming on Wednesday. The suit names the President, Acting Read More…

Facebook is reportedly prepping an antitrust lawsuit against Apple focused on its App Store rules

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…

Robinhood restricts trading in GameStop, other names involved in frenzy

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…

Lockheed-Boeing team pitch Defiant X, its candidate for the Army’s long-range assault helo competition

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…

New concourse and flight destinations give hope for Bozeman International Airport

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…

Facebook warns staff to avoid wearing company-branded clothing, for safety reasons

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…

Paycheck protection loans round two: what Montana business owners should know

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…

MONTANA CHAMBER OUTLINES 2021 LEGISLATIVE AGENDA

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…

MSU helping manufacturing to be a growing part of Montana’s economy, report says

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…

Neptune Aviation lands $2M state grant for hangar acquisition, job creation

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…

FYR Diagnostics Partners with The State of Montana to Expand COVID-19 Testing

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…

Tom Brady Got A Huge PPP Loan? NFL Legend Paid For TB12 Sports Company

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…

Apple fined in Italy for misleading consumers over waterproof iPhones

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…

Comcast faces backlash over plan to charge customers up to $100 for going over a home-internet data limit rolling out to 14 new states

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…