Lee Enterprises, Incorporated (NASDAQ: LEE),has announced that its Board of Directors approved a limited-duration shareholder rights plan (“Rights Plan”). Effective immediately, the Rights Plan will remain in effect until March… Read More
Featured Posts in Business
CEO Pay Hit Another Record. Shareholders Did Even Better.
Benjamin Franklin’s timeless assertion from 1789 about the certainties of life—death and taxes—might require a modern update if he were alive today. In our contemporary landscape, alongside these age-old certainties,… Read More
Court upholds first oil and natural gas lease sale on federal lands in western states
(The Center Square) – A federal judge handed a win to oil and natural gas companies operating in western states by upholding the first lease sales of the Biden administration… Read More
Montana Logging Industry Faces Uncertain Future
Pyramid Mountain Lumber officials have announced their intention to sell the mill rather than resorting to an auction, although no concrete plans have been finalized apart from the impending closure…. Read More
All Posts In Business
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