Business News Roundup November 15 2016

ND Pipeline
US Rep. Kevin Cramer (R-ND) said Trump’s presidency “might aid completion of the Dakota Access pipeline, should the dispute over the project linger.” Cramer thinks the matter “will be resolved before Trump takes office in January.”
Fuel Efficiency
The EPA said that “the fuel efficiency of new US vehicles hit a record high in 2015 even as more Americans bought larger trucks and SUVs instead of cars.” The EPA said the average fuel efficiency of new vehicles reached 24.8 mpg in the 2015 model year, up 0.5 mpg from 2014, and projected 25.6 mpg for 2016.

Read more: Business News Roundup November 15 2016

Business News Roundup August 15 2016


Not Enough Americans to Fill Jobs.
“QuickTake” provides an overview of the visa programs. QuickTake notes “it took less than a week for the U.S. government to exhaust the year’s 85,000 allotted petitions for H-1B visas” in the most recent accounting year. QuickTake goes on to discuss the history of “the U.S. system of immigration categories and caps,” and how “opposition to immigration tends to rise and fall with the state of the economy. In tough times, Americans desperate for work are none too happy to see businesses import laborers.” Nonetheless, “Employers in both the tech industry and agriculture say there are not enough Americans able to fill all the available jobs,” though opponents “say the companies are just trying to avoid paying higher wages to American workers.”

Read more: Business News Roundup August 15 2016

Business News Roundup October 1 2016


Safety is Priority
The latest EHS Today National Safety Survey “finds many corporate leaders actively engage in safety efforts and communicate to workers that they value safety over production.” This year’s survey shows that “nearly 70 percent of respondents said that their company does prioritize safety over production and other business values,” and “over 80 percent said that top management provides active and visible support for occupational safety and health.”

Read more: Business News Roundup October 1 2016

Business News Roundup August 1 2016

Auto Manufacturers Own Insurance
Auto manufacturers are working towards developing their own insurance programs using data gained through new technologies, a move that threatens existing insurance providers already struggling to turn a “profit from motor insurance due to intense competition and a rising tide of fraudulent claims.

Read more: Business News Roundup August 1 2016

Business News Roundup July 1 2016

More Regs on Food Manufacturers
Federal Food and Drug Administration (FDA) has more rules for food manufacturers. The FDA will require food manufacturers and food companies “to complete and maintain a written food defense plan” which “maps out the areas in the production process that are most vulnerable to deliberate contamination meant to cause wide-scale harm to the public.”
Job Numbers “Pathetic”
The Labor Department announced that US employers added 38,000 jobs during May — the smallest monthly increase in five years — as the unemployment rate fell to 4.7% due to a decline in labor-force participation. The White House acknowledged that the latest jobs data were “disappointing.” May’s data also showed that employers were continuing to add employees, “extending the longest streak of job creation in the nation’s history.”

Read more: Business News Roundup July 1 2016

Words Matter in Talking About TECHMAP Fuels

Language matters when it comes to talking about energy, says Mark Mathis, a noted author, consultant, and filmmaker, and he urged attendees of the Montana Petroleum Association’s annual luncheon to change terminology in speaking of energy issues, and to take control of their own message.
Call carbon based fuels TECHMAP fuels. Don’t call them, “fossil fuels,” which carries with it a subtext of being an “antiquated” or irrelevant resource. TECHMAP is derived of the very relevant and vital aspects of life that are provided for by oil, gas, and coal. It stands for: Transportation, Electricity, Cooking, Heating, Manufacturing, Agriculture, Products.

Read more: Words Matter in Talking About TECHMAP Fuels

Business News Roundup

Personal Spending Up
The Commerce Department announced that personal spending in May rose by 0.4%, in line with the forecast by the economists surveyed by Bloomberg, “after a 1.1 percent jump a month earlier that was more than initially estimated,” and personal incomes “climbed a less-than-forecast 0.2 percent.”
Sales Cool
The National Association of Realtors show that pending sales of previously-owned homes in the US fell more than anticipated in May, indicating that “demand cooled after a robust start to the busiest selling season of the year.”

Read more: Business News Roundup

Guest Ranch Fund Grants More Than $470,000 to Montana Nonprofits

The Mountain Sky Guest Ranch Fund at Emigrant, Montana, an affiliated fund of The Arthur M. Blank Family Foundation, issued more than $470,000 in grants to Montana-based nonprofit organizations earlier this week. Grants are focused on the most significant needs and opportunities in rural communities around youth empowerment, enhanced classrooms, and citizen leadership. The organizations and projects receiving grants were selected by volunteer Fund committee members made up of Mountain Sky Guest Ranch associates living and working in the community.

Read more: Guest Ranch Fund Grants More Than $470,000 to Montana Nonprofits

Market Update

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4 MDU 26.78
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5 SWC 17.40
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7 FIBK 37.95
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8 GBCI 31.98
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