NEW YORK — U.S. stocks finished a volatile week with mixed results as surging oil prices, concerns about the cost of artificial intelligence investments and rising borrowing costs pressured major… Read More
Featured Posts in Business
Financial officers warn rating agencies about using ESG in state credit ratings
(The Center Square) – Twenty-two financial officers from across the U.S. wrote to the nation’s top rating agencies – Moody’s, Fitch, and S&P – asking them to explain the influence… Read More
Union Pacific Fights Release of CEO’s Rate-Hike Threat
WASHINGTON—Union Pacific is seeking to keep video footage of remarks by Chief Executive Jim Vena out of the public record as the railroad and Norfolk Southern press ahead with their… Read More
Bank of America Hit With Record Penalties Over Money Laundering Violations
WASHINGTON—The U.S. Treasury Department announced enforcement actions against Bank of America for violations of federal anti-money laundering and sanctions laws, including failures to report more than $5 billion in suspicious… Read More
All Posts In Business
Printing News Top 100: Ultra Graphics ranks #1 in Montana, #31 in United States
Billings, MT – Ultra Graphics has been recognized by the annual Printing News Top 100 Small Commercial Printers rankings as one of highest grossing small commercial print firms in the… Read More
Partnership Plans Meat Processing Plant Near Livingston
The Producer Partnership has announced plans to open the first non-profit, federally inspected livestock processing facility in Montana. It will be located 12 miles east of Livingston and able to… Read More
Montana offering $125K salary to hire a business recruiter
The state is advertising for a business attractions manager, a job that will pay $125,000 a year to travel the country promoting Montana as good place to start or expand… Read More
Daines Helps Secure Over $12 Million For Montana Airports
U.S. Senator Steve Daines today announced that $12,031,247.00 will be allocated to various airports across Montana to strengthen air travel infrastructure. “These grants will help local Montana airports with infrastructure… Read More
NorthWestern Energy Plans Power Plant at Laurel
NorthWestern Energy has announced plans to build a $250 million, natural gas plant to generate 175 megawatts of electricity at Laurel. The project is part of a three- pronged strategy… Read More
Montana to Launch Return-to-Work Bonuses, Return to Pre-pandemic Unemployment Program to Address Workforce Shortage
Governor Greg Gianforte today announced two measures to address the state’s severe workforce shortage and incentivize Montanans to reenter the labor force. The State of Montana will launch a return-to-work… Read More
Offshore wind firm to work with researchers on recycling glass fibers to tackle blade waste
A collaboration between academia and industry is to focus on the recycling of glass fiber products, in a move that could eventually help to reduce the waste produced by wind… Read More
Yellowstone Bank Top in S & P Ranking
Yellowstone Bank ranked as the top in the country among 2020’s best-performing community banks with less than $3 billion in assets, by S&P Global Market Intelligence. The number one ranking… Read More
Boeing’s sales again outpace cancellations, jetliner deliveries pick up
Boeing’s March aircraft sales outpaced cancellations for the second month in a row as some airlines turn their attention to the industry’s recovery from Covid-19′s toll on travel. The manufacturer… Read More
Goldman Sachs has been going through a huge transformation under CEO David Solomon
Goldman Sachs has been going through some massive changes under CEO David Solomon. It’s taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor… Read More
Business owner wins grant to help others
One small business owner is being awarded a $10,000 grant for going above and beyond to support her local community. Nici Holt Cline is the founder of Dig This Chick, an… Read More
Flights run on time amid word of a possible walk out at Missoula’s airport
Missoula International Airport officials tell NBC Montana all flights are coming in and out on time. Brian Ellestad is the new director at the Missoula International Airport. He says enough… Read More
Stockman Bank Awarded with Highest Rating for Performance
Stockman Bank of Montana has once again been awarded the highest (5-Star) rating for financial strength and stability from the nation’s premier bank rating firm, BauerFinancial, Inc. This rating recognizes… Read More
Cattle Still King In Montana
Cattle are still king when it comes to total agriculture production in Montana. As a percentage of total revenue generated cattle production amounts to 56 percent with crops generating most… Read More
Montana’s Unemployment Rate Drops to 3.9% in February
Montana’s unemployment rate dropped in February to 3.9%, after falling to 4.0% in January. The unemployment rate for the U.S. was 6.2% in February. “Montana’s unemployment rate continues its downward… Read More
Verizon to center media arm around new subscription platform Yahoo+
Verizon Media Group, the media division within Verizon, has 3 million people that pay for subscriptions across its portfolio of Yahoo-related products, like Yahoo Fantasy, Yahoo Finance and others, executives… Read More
Great Falls Brewing Company is canning more beer and planning to expand
Since the launch of the Jeremiah Johnson Brewing Company almost three years ago, business has been steadily on the rise. The company with a constant eye on efficiency decided now was as… Read More
Camping World Holdings Announces Expansion Plans in Delaware, Nebraska and Montana
Camping World Holdings, Inc. America’s Recreation Dealer, today announced expansion plans in Delaware, Nebraska and Montana. The company owns or is in the process of acquiring land in these three… Read More
Gibson announces major expansion at Bozeman facility
A guitar manufacturer is planning a major expansion at its factory in Bozeman amid increasing demand for guitars during the COVID-19 pandemic. James “JC” Curleigh, president and CEO of Gibson… Read More
Stockman Bank of Montana announces appointment of new board member
Stockman Bank is pleased to announce Jim Drummond as the newest member of its Board of Directors, effective January 1, 2021. Jim brings more than 43 years of banking and… Read More
The Oil Industry Is Ready To Fight President Biden In Court
Reeling from the effects of the pandemic, the oil industry is in no mood to fool around. When newly inaugurated President Joe Biden canceled the Keystone XL pipeline project, refiners… Read More
Richard Branson’s Space Tourism Dream Meets Rejection From Virgin Partner
British billionaire Sir Richard Branson may have big dreams about the future of space tourism, but his potential launch partner in the U.K. is calling the idea ludicrous as the… Read More
Desperate for more planes, cargo airlines are buying up aging passenger jets.
A unique fleet of aircraft is fueling the explosive growth of e-commerce as consumers turn to online shopping during the pandemic and retailers promise faster-than-ever delivery times. And while air… Read More
Downing Approves Reduction in Workers Compensation Costs
Helena, Mont.-Commissioner of Securities and Insurance, Montana State Auditor Troy Downing, has approved a decrease in workers compensation loss costs. The overall average decrease, which goes into effect on July… Read More
Montage Big Sky To Open In Montana
Montana’s Big Sky Resort is a skier’s dream, with 5,800 acres of world-class terrain in a landscape that is rugged, challenging, and undeniably beautiful. While Big Sky has all the… Read More
New report ranks Montana as #1 state to open a small business
GREAT FALLS — Many factors contribute to how successful a small business is, but according to a recent study, Montana is the best state to open a small business. The… Read More
Alex Rodriguez files to form $575 million SPAC as IPO craze continues
Former baseball superstar Alex Rodriguez is the latest high-profile name to throw his hat in the SPAC ring, with a launch of his own “blank-check” company called Slam Corp, according… Read More
Consumer watchdog sees surge in Robinhood complaints
A U.S. consumer watchdog saw a surge in complaints regarding Robinhood last week, with some clients claiming they were unable to liquidate holdings and move to other brokerage firms. The… Read More
Long-term unemployment is close to a Great Recession record
Long-term unemployment is edging toward a historical peak, almost a year into the pandemic-fueled downturn. Workers are deemed to be “long-term unemployed” when their jobless spell is longer than six… Read More
Robinhood lifts trading restrictions on Reddit darlings GameStop and AMC
Robinhood has removed trading restrictions on the Reddit-trader favorites GameStop and AMC Entertainment, according to an update Friday on the trading platform’s website. The move came only days after Robinhood… Read More
Amazon lost its bid to require in-person voting for a union election in Alabama
The National Labor Relations Board on Friday denied Amazon’s request to require in-person voting for a union election at a fulfilment center in Bessemer, Alabama, allowing a mail-in effort to… Read More
SpaceX says its Starlink satellite internet service now has over 10,000 users
SpaceX disclosed in a public filing on Thursday that its Starlink satellite internet service now has “over 10,000 users in the United States and abroad.” “Starlink’s performance is not theoretical… Read More
Bank of America is giving $750 cash bonuses to lower-paid employees, restricted stock to others
Bank of America CEO Brian Moynihan is awarding nearly all of his 212,505 employees with a bonus for their work during the coronavirus pandemic. Staffers in the U.S. who earn… Read More
United Airlines CEO wants to make Covid vaccines mandatory for the company’s employees
United Airlines’ CEO wants to make Covid-19 vaccines mandatory for employees and is encouraging other companies do the same. It’s a stance that differs from what some other carriers and… Read More
TGI Fridays CEO says ending the tipped minimum wage would result in higher prices, fewer hours for waitstaff
TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu… Read More
Warren Buffett’s right-hand man flags a ‘speculative frenzy’ in the stock market and bemoans the lack of bargains in a new shareholder letter
Warren Buffett’s right-hand man flagged a “speculative frenzy” in the stock market and signaled that he doesn’t expect share prices to climb much higher. Charlie Munger, the vice chairman of… Read More
Inside a massive transformation at powerhouse Wall Street bank Goldman Sachs
Goldman Sachs has been going through some massive changes under CEO David Solomon. It’s taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor… Read More
Cattle Methane Emissions Reduced by New Feed
A 2-year large-scale trial in beef cattle in Alberta, Canada has successfully demonstrated that a novel feed ingredient, developed by Royal DSM, can be included in commercial feedlot diets to… Read More