U.S. stocks surged this week, with all three major indexes closing at record highs after the Federal Reserve delivered its first interest rate cut of the year, fueling hopes that… Read More
Featured Posts in Business
Governor Gianforte Welcomes Rivian as First Electric Vehicle Manufacturer in Montana
Governor Greg Gianforte joined Rivian officials and community leaders in Belgrade this week to celebrate the opening of the company’s new 20,000-square-foot service and demo center, marking Rivian as the… Read More
Warren Buffett Marks 95th Birthday With Reflection on Legacy, Berkshire’s Future
Warren Buffett, the legendary investor known as the “Oracle of Omaha,” celebrated his 95th birthday Tuesday in typically understated fashion, surrounded by close family and friends in his hometown. Buffett,… Read More
Montana Unemployment Holds at 2.8% in July
Montana’s unemployment rate remained at 2.8% in July, marking the tenth consecutive month below 3% and extending a four-year stretch at or below 3.4%, according to state labor data released… Read More
All Posts In Business
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