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BNSF closes Glendive facility as commerce plummets
BNSF Railway Co. closed its maintenance facility in Glendive last month, cutting approximately 85 jobs. The closure is one of many changes coming down the line to Montana railroads due to customers’ changing business conditions, including changes in the coal and energy sector.
Idaho getting back to work
• Kootenai County improves slightly, from 11.2 percent to 11.1 percent unemployment
INL looking to bridge the gap with North Idaho
The technology sector is a land of opportunity for Idahoans. With the right education, training and experience, anything is possible.
District 3 House seat B: Don Cheatham
POST FALLS - Don Cheatham wants to help Idaho stand on its own.
Retail sales fall 0.5% in February, biggest drop since 2018
WASHINGTON (AP) — Retail sales fell 0.5% in February, the largest drop in more than a year, indicating that the consumer sector was slowing even before the coronavirus struck with force in the United States. Economists said they were looking for even weaker numbers in coming months.
North Idaho Business Journal: Feds playing games with Idaho agriculture
Washington politicians are taking aim at Idahoans once again. From our farmers, ranchers and dairymen to our technology workers. They are threatening the jobs of more than 128,000 Idahoans linked to agribusiness and thousands more in the tech sector. The stakes are too high not to speak up and tell those politicians to keep their hands off Idaho’s economic future and stop meddling with our families’ livelihoods.
Keep faith after school trust setback
Last week, Republicans killed plans for the Whitefish community to purchase the development rights off school trust lands. This sets back the implementation of major sectors of the Whitefish State Lands Plan. Not a single Republican Representative from the Flathead delegation supported the concept of preserving the engine of the Whitefish economy.
I don't get why they don't get it
American Internation Group, the giant insurance company whose slipshod financial services sector is largely responsible for getting the world's financial crisis rolling, has announced that it will dole out somewhere in the ballpark of $730 million in 'retention pay" and "performance bonuses' to executives and "valuable" employees. Now I know nothing is easier than doing someone else's job, especially if you've never done it before, so I can't offer anything more than a layman's perspective on why this is necessary, but according to my understanding it is to retain employees who have so much specialized expertise that only they can repair the damage that they caused. Supposedly they understand the workings of incredibly obscure financial transactions with a complexity (and substance) somewhere between Voodoo rites and the secret ceremonies of the Mystic Knights of the Sea. The question arises: if only they understand how to fix it, how come they didn't understand enough about it to know that they were breaking it. That, and why are they being rewarded to fix something they broke?
Spending needed to help economic recovery
During the early 1950s, the nation, our state and my hometown of Butte were suffering through a year-long economic recession.
Baucus leaves a regrettable legacy on energy, taxes
When President Obama announced that he would nominate Sen. Max Baucus as ambassador to the People’s Republic of China, he raised expectations that Montana’s longest serving senator would play a key role in relations with a country whose economic output is second only to our own.
Bank failures, FDIC and our collective delusion
Silicon Valley Bank. Signature Bank. First Republic Bank. Three high-profile bank failures in the last two months. What’s going on? A bank fails when the value of its assets is less than the value of its liabilities, the obligations the bank owes to its depositors. Each of these three banks experienced a run on deposits: clients withdrew their deposits because they feared they wouldn’t be able to get their money out, creating a snowball effect that within 24 hours decimated the banks’ reserves.
MY TURN: Housing crisis remains
We all have memories of how things used to be. Sometimes those memories are distorted by the passage of time and appear significantly different today. Kootenai County in 1980 had a significantly smaller population and more people have wanted to share in it. That has continued to the current time. The problem is the pie is only so large. Too many of us want a bigger piece than we are entitled to. If our community is to be economically viable and provide housing for all the people who will be here, we need to start sharing the pie. Groups such as Kootenai Connect are an essential part because it’s focus is regional. We all need that wider focus as well. We can achieve that by electing knowledgeable leaders and keeping the good ones we have. We must support leaders who offer hope and solutions not people who offer only blame.
Google axes 12,000 jobs as layoffs spread across tech sector
Just this week, Microsoft announced 10,000 job cuts, or nearly 5% of its workforce
Google axes 12,000 jobs as layoffs spread across tech sector
oogle is laying off 12,000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs.
Baucus leaves a regrettable legacy on energy, taxes
When President Obama announced that he would nominate Sen. Max Baucus as ambassador to the People’s Republic of China, he raised expectations that Montana’s longest serving senator would play a key role in relations with a country whose economic output is second only to our own.
I don't get why they don't get it
American Internation Group, the giant insurance company whose slipshod financial services sector is largely responsible for getting the world's financial crisis rolling, has announced that it will dole out somewhere in the ballpark of $730 million in 'retention pay" and "performance bonuses' to executives and "valuable" employees. Now I know nothing is easier than doing someone else's job, especially if you've never done it before, so I can't offer anything more than a layman's perspective on why this is necessary, but according to my understanding it is to retain employees who have so much specialized expertise that only they can repair the damage that they caused. Supposedly they understand the workings of incredibly obscure financial transactions with a complexity (and substance) somewhere between Voodoo rites and the secret ceremonies of the Mystic Knights of the Sea. The question arises: if only they understand how to fix it, how come they didn't understand enough about it to know that they were breaking it. That, and why are they being rewarded to fix something they broke?
Keep faith after school trust setback
Last week, Republicans killed plans for the Whitefish community to purchase the development rights off school trust lands. This sets back the implementation of major sectors of the Whitefish State Lands Plan. Not a single Republican Representative from the Flathead delegation supported the concept of preserving the engine of the Whitefish economy.
I don't get why they don't get it
American Internation Group, the giant insurance company whose slipshod financial services sector is largely responsible for getting the world's financial crisis rolling, has announced that it will dole out somewhere in the ballpark of $730 million in 'retention pay" and "performance bonuses' to executives and "valuable" employees. Now I know nothing is easier than doing someone else's job, especially if you've never done it before, so I can't offer anything more than a layman's perspective on why this is necessary, but according to my understanding it is to retain employees who have so much specialized expertise that only they can repair the damage that they caused. Supposedly they understand the workings of incredibly obscure financial transactions with a complexity (and substance) somewhere between Voodoo rites and the secret ceremonies of the Mystic Knights of the Sea. The question arises: if only they understand how to fix it, how come they didn't understand enough about it to know that they were breaking it. That, and why are they being rewarded to fix something they broke?
Spending needed to help economic recovery
During the early 1950s, the nation, our state and my hometown of Butte were suffering through a year-long economic recession.
Keep faith after school trust setback
Last week, Republicans killed plans for the Whitefish community to purchase the development rights off school trust lands. This sets back the implementation of major sectors of the Whitefish State Lands Plan. Not a single Republican Representative from the Flathead delegation supported the concept of preserving the engine of the Whitefish economy.