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BUSINESS | Page 87

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 that set off fears of wider problems in the global banking system.

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Intermax plans expansion to Spirit Lake

Fiber-to-the-home is considered state of the art in Internet infrastructure and service

COEUR D'ALENE PRESS

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 …

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Flathead Watercooler

Business events, trainings and seminars

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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 …

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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 …

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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 …

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Stocks tumble as Wall Street wonders what will break next

The S&P 500 dropped 1.4% to cap its worst week since September.

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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 …

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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 …

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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.

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Silicon Valley Bank collapse felt worldwide

It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.

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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 …

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New life planned for Ol’ River Bridge Inn in Columbia Falls

The building is going through massive renovations under new ownership.

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Golden Triangle Brewing Co. makes move to new home in Bigfork

A love of good beer led the couple to open up their brewery in 2017 after having a landscaping business …

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