Business
The latest business news from Northwest Montana and beyond. In-depth coverage of local enterprises, economic trends, market updates, and entrepreneurial success stories.
From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending
The behavior changes observed so far are subtle, such as altered routines for buying gasoline and fewer visits to …
US jobless aid claims fell last week as layoffs remain low
Applications for jobless claims in the U.S. for the week ending March 11 fell by 20,000 to 192,000 from 212,000 the previous week, the Labor Department said Th…
Biden calls for tougher penalties for execs of failed banks
WASHINGTON (AP) — President Joe Biden on Friday called on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including…
Parent company of Silicon Valley Bank files for bankruptcy
The parent company of Silicon Valley Bank filed for Chapter 11 bankruptcy protection Friday, a week after the tech-focused bank failed in a sudden collapse tha…
Bank fears spread to Europe, drag down shares of big lenders
Fears about the world banking system spread to Europe on Wednesday as shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other …
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Service provides childcare for Flathead Valley visitors and residents
Seeking a way to keep herself in the beauty of Northwest Montana, Rachel Jessup used her many years of childcare experience to land babysitting and nannying jo…
New Columbia Falls shop features local, regional artists
Persimmon was a well-received shop in downtown Bigfork for 14 years featuring local and regional artists and craftsmen, but two of the owners retired and it cl…
Another US hiring surge: 311,000 jobs despite Fed rate hikes
The unemployment rate rose to 3.6%, from a 53-year low of 3.4%, as more Americans began searching for work but not all of them found jobs.
Stocks tumble as Wall Street wonders what will break next
The S&P 500 dropped 1.4% to cap its worst week since September.
Silicon Valley Bank swiftly collapses after tech startups flee
Regulators stepped in and seized it Friday in a stunning downfall for a lender that had quadrupled in size over the past five years and was valued at more than $40 billion as recently as last year.
Judge allows Google antitrust case to move ahead in Virginia
The ruling Friday from U.S. District Judge Leonie Brinkema in Alexandria, Virginia, is a victory for the Justice Department and several states, including Virgi…
Japan revises GDP to nearly flat, showing fragile recovery
The annual rate shows what the growth would have been if the on-quarter rate continues for a year.
Silicon Valley Bank collapse felt worldwide
It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
Lego posts boost in profit, sales as it raised some prices
The Danish toy company said net profit rose to 13.8 billion kroner ($2 billion) from 13.3 billion kroner. Sales were up 12%, while revenue grew 17% to 64 billi…
New life planned for Ol’ River Bridge Inn in Columbia Falls
The building is going through massive renovations under new ownership.