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Top News & Analysis Montana

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  • Oil production from the largest U.S. shale plays will plunge in August for a fourth consecutive month, forecasts from the U.S. Energy Information Administration showed on Monday. Energy firms fired thousands of workers and cut back on new drilling after U.S. crude futures collapsed 60 percent from over $107 a barrel in June 2014 to near $42 in March on oversupply...

  • Vancouver- based Cannabix Technologies Inc, founded by a retired Royal Canadian Mounted Police officer, expects to be first out of the gate with a "pot breathalyzer"- a handheld device similar to those used to detect alcohol. Other hopefuls, such as Colorado- based Lifeloc Technologies Inc and a chemistry professor-PhD student duo at Washington State University,...

  • Drillers added oil rigs in two of the four major U.S. shale oil basins- eight rigs in the Permian in West Texas and eastern New Mexico and one in the Niobrara in Colorado and Wyoming- and cut five rigs each in the other two basins- the Eagle Ford in South Texas and the Bakken in North Dakota and Montana. On Friday, crude futures traded between $52 and $54 a barrel in see-saw...

  • The oil rig count rise of 12 to 640 followed a six-month slump in activity that reduced the number of active rigs from a peak of 1,609 in October to a nearly five-year low last week, energy services firm Baker Hughes Inc said in its closely followed report. Drillers added rigs in all of the major U.S. shale oil basins- three in the Eagle Ford in South Texas, two in the...

  • NEW YORK, July 1- Two years after New York socialite Brooke Astor died in 2007, her son, Anthony Marshall, was convicted of bilking her of millions of dollars. Three states, most recently Missouri, have enacted laws that allow retail brokers to help curb scams against people with dementia. More than five million Americans over the age of 65 have Alzheimer's disease,...

  • NEW YORK, July 1- Two years after New York socialite Brooke Astor died in 2007, her son, Anthony Marshall, was convicted of bilking her of millions of dollars. Three states, most recently Missouri, have enacted laws that allow retail brokers to help curb scams against people with dementia. More than five million Americans over the age of 65 have Alzheimer's disease,...

  • YOUR MONEY-5 ways road-tripping families can save money Wednesday, 1 Jul 2015 | 9:29 AM ET

    NEW YORK, July 1- With four kids between the ages of 1 and 12, Loralee Leavitt is a cost-savings ninja when she hits the road. Leavitt, who hails from Kirkland, Washington, estimates that she has gone on more than 30 road trips with her growing family, logging over 60,000 miles, to places like Utah, Colorado, Arizona and California. Their piece de resistance: A trip to...

  • Both Montana and Massachusetts are suing the SEC after the agency voted in March to greatly scale back states' rights to police Regulation A deals before they are sold to the public. As part of that effort, Montana had asked the SEC to stay the rule until a federal appeals court could decide the merits of the case. In 2012, Congress required the SEC to boost the...

  • WASHINGTON, June 12- The U.S. oil pipeline safety office on Friday denied a request by Exxon Mobil Corp to reconsider a $1 million penalty for an oil spill into the Yellowstone River in 2011..

  • June 8- The Federal Reserve Bank of Minneapolis on Monday launched a search for a "strategic thought leader" to replace current president Narayana Kocherlakota, who is returning to academia after years of failing to persuade colleagues in the U.S. central bank to support more accommodative monetary policy. Kocherlakota, a university professor before...

  • June 8- Minneapolis Federal Reserve Bank President Narayana Kocherlakota said on Monday he was returning to academia, after years of failing to persuade colleagues in the U.S. central bank to support more accommodative monetary policy. Kocherlakota said in a statement he had accepted a job as a professor of economics at the University of Rochester, in New York...

  • NEW YORK, June 1- Medicare, the government-run health insurance program for elderly and disabled Americans, paid physicians $90 billion in 2013, up 17 percent from $77 billion in 2012, U.S. healthcare officials reported on Monday. Physician payments accounted for less than one-fifth of Medicare's 2013 net outlays of $492 billion, which rose from $466 billion...

  • ABOARD THE EMPIRE BUILDER, May 28- Its passengers are mostly silver-haired retirees, oil-field workers and a few young families gazing out the windows of Amtrak's least-profitable and third-longest line, rumbling from Chicago through eight states and on to the American West Coast. A coach ticket between Spokane, Washington and Williston, capital of North...

  • May 26- Delta Air Lines Inc on Tuesday announced new flights from Seattle to five destinations in its latest move to strip market share from Alaska Air Group Inc, which is based in that city. Investors worry that overlaps with the airport's larger operator Alaska Airlines could lead to lower ticket prices and revenue from Seattle. Delta said it would begin...

  • LOS ANGELES, May 18- Nearly six million people with disabilities may benefit from new tax-free savings plans approved by Congress last year, but the accounts may not be as helpful or available as quickly as originally promised. After a decade of lobbying by disability advocates, Congress passed The Achieving a Better Life Experience Act in the final hour before...

  • *Nebraska becomes 16th U.S. state affected by avian flu. May 12- The fast-spreading avian flu virus was confirmed for the first time in Nebraska, at a commercial egg-laying farm that housed a flock of 1.7 million chickens, the U.S. Department of Agriculture said on Tuesday. "Unfortunately, Nebraska has joined a long list of states currently dealing with highly...

  • May 11- A strain of avian flu that until now had been found only in the Western United States has cropped up in Indiana, bringing the total number of states affected by the virulent outbreak to 15, the U.S. Department of Agriculture said on Monday. The H5N8 strain found in a backyard poultry flock in Indiana is concerning to them also. It was also found in captive...

  • UPDATE 1-USDA finds H5N8 bird flu strain in Indiana Monday, 11 May 2015 | 1:59 PM ET

    May 11- A strain of highly pathogenic H5 avian flu that had recently been found only in the Western United States has been confirmed in a backyard poultry flock in Indiana, the U.S. Department of Agriculture said on Monday. The H5N8 strain in Indiana is the same one that had been previously confirmed in the Pacific flyway, specifically in commercial chicken and...

  • May 5- The U.S. Securities and Exchange Commission on Tuesday sued three defendants it accused of running a fraud and Ponzi scheme in which they raised more than $62 million from investors eager to benefit from growth in the North Dakota oil industry. According to the SEC, North Dakota Developments LLC and its owners, Robert Gavin and Daniel Hogan, illegally...

  • CHICAGO, April 30- The highly pathogenic H5 avian flu turned up in initial tests at five more farms in Iowa, including a commercial egg operation housing up to 5.5 million birds, Iowa's agriculture department said on Thursday. The egg farm's owner, Rembrandt Foods, one of the top U.S. egg producers, confirmed the outbreak but disputed the number of birds affected.