EconTracker News
Today
Thursday business briefs
Posted 10:48 AM 5/24/2012 by KPAX News Staff
About 27,000 people at Hewlett Packard are about to join the ranks of the unemployed. The company plans to lay off about 8% of its workforce over the next two years after reporting lower profits. HP made $1.6 billion in the second quarter, $700 million less than last year.
Traders return (More)
Backers tout Forest Jobs and Recreation Act in Missoula
Yesterday
Wednesday business briefs
Posted 10:23 AM 5/23/2012 by KPAX News Staff
An early rally on Wall Street fizzled by the closing bell on Tuesday. Better than expected home sales initially sent stocks higher but they reversed course late in the day on news that Greece is considering leaving Europe's common currency.
The Dow Jones Industrials dipped more than a (More)
5/22/2012
Unions holding Missoula jobs conference
Posted 8:55 AM 5/22/2012 by Dennis Bragg (KPAX/KAJ Media Center)
MISSOULA- Montana union and economic leaders are gathered in Missoula for a two day conference reviewing the state's outlook for jobs, the economy and workforce training.
The Montana AFL-CIO is hosting the conference which is focusing on the "ebb and flow" of the state's economy and how (More)
Tuesday business briefs
5/21/2012
Mayor lauds return of Bitterroot rail service
Posted 9:00 AM 5/21/2012 by Robin O'Day (KPAX News)
STEVENSVILLE- A railway service has been restored in western Montana and many hope that with its return will also come financial opportunities.
The first Montana Rail Link train roared through the Bitterroot Valley on Saturday after having sat idle for almost a year and those who worked so (More)
Monday business briefs
Glacier National Park provides economic stimulus
MT company boosts workforce to meet demand in Bakken
5/20/2012
Canadian tourists boost Flathead economy
Posted 9:51 AM 5/21/2012 by Laura Wilson (KAJ News)
WHITEFISH- Summer tourist season in the Flathead Valley is just around the corner, but thousands of tourists from north of the border headed down for an early vacation this week.
All but one of the Canadian provinces will celebrate Victoria Day this coming Monday, which means a three-day (More)
5/19/2012
Trains start rolling again in Ravalli County
Posted 7:26 PM 5/19/2012 by Robin O'Day (KPAX News)
STEVENSVILLE- The roar of a Montana Rail Link train can once again be heard throughout the Bitterroot Valley as the first train swept through western Montana Saturday morning after a one year hiatus.
Months of negotiations between MRL, local government leaders and Ravalli County businesses (More)
Coffee grounds lead to business, innovation for new Missoula company
Silver Tsunami: Business opportunities growing
5/18/2012
Columbia Falls company has big plans
Posted 10:46 AM 5/21/2012 by Dax VanFossen (KAJ News)
COLUMBIA FALLS- A Columbia Falls company is building batteries as big as a Walmart building and business is booming.
Zinc Air of Columbia Falls has been developing a new generation of batteries to store electricity generated by wind power and to distribute it to the power grid on (More)
Missoula company part of new wave in Western MT industry
Montana's unemployment rate drops again
Friday business briefs
5/17/2012
Gas price relief misses the West Coast
Posted 1:55 PM 5/17/2012 by Chris Isidore (CNNMoney)
NEW YORK (CNNMoney) -- Gas prices are coming down for most of the nation, but not for Lynnae McCoy and other residents of the West Coast.
While supplies of gasoline are flush in much of the country, due to a combination of increased domestic production and reduced consumption, supplies are (More)
