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Renewed blast of frigid air to pour into northeastern by the weekend

Thu, 01/04/2018 - 3:18am -- tim

AccuWeather AccuWeather reports the harshest wave of cold so far this season will take hold of the northeastern United States by the first weekend of January. High temperatures in Vermont are expected not to get above zero on Saturday. In part of the mid-Atlantic coast and New England, the cold will follow a powerful snowstorm with blizzard conditions on Thursday and Thursday night.

Temperatures will be less harsh, relative to recent days, on Wednesday, generally around 10 degrees Fahrenheit below normal as opposed to 20 or more degrees below normal.

Analyst warns 2018 gasoline prices to be highest since 2014, cost $62 billion more

Thu, 01/04/2018 - 3:05am -- tim

Vermont Business Magazine Motorists will be digging a bit deeper for the second straight year as the yearly national average will rise 19 cents versus last year to $2.57 per gallon, the highest since 2014, according to the 2018 Fuel Price Outlook released today by GasBuddy, the only smartphone app connecting 70 million drivers with their Perfect Pit Stop.

Some highlights from GasBuddy’s 2018 Fuel Price Outlook include:

EPA offers tips to burn wood stoves better

Thu, 01/04/2018 - 2:27am -- tim

Vermont Business Magazine EPA has tips for New England homeowners who are heating their homes with wood burning stoves, fireplaces or boilers. Wood smoke is made up of a mixture of fine particles and toxic gases that can harm your health. Fine particle pollution isn’t healthy to breathe indoors or out, especially for children, older adults and those with heart disease, lung diseases, including asthma.

Vermont Fish & Wildlife News: Ice fishing safety, deer poaching and a lifetime winner

Thu, 01/04/2018 - 1:25am -- tim

Vermont Fish & Wildlife The recent arrival of cold temperature has formed early-season ice on Vermont ponds, lakes and rivers. The Vermont Fish & Wildlife Department reminds winter enthusiasts that ice should never be considered safe and ice conditions vary. F&W officers also made several arrests, mainly for deer poaching, in Chittenden County last fall. And William Pinney, 65, of Warren, is the lucky winner of the 2017 Vermont Lifetime Hunting and Fishing License Lottery. 

NEFCU Donates $10,000 to Community Health Centers of Burlington

Wed, 01/03/2018 - 5:24pm -- tim

Vermont Business Magazine New England Federal Credit Union (NEFCU) recently donated $10,000 to the Community Health Centers of Burlington (CHCB). On hand at the Riverside Health Center to receive the symbolic “big check” from NEFCU Senior Marketing Executive Cindy Morgan for CHCB was Kim Anderson, Director of Development and Communications. CHCB plans to use the contribution toward their mission of health care for the whole community.

Macy's to close Burlington location

Wed, 01/03/2018 - 5:00pm -- tim

Vermont Business Magazine Mayor Miro Weinberger released the following statement Wednesday in response to news of the upcoming closure of Macy’s department store expected in March 2018. Macy's is expected to announce Thursday that the Burlington location is part of the iconic department store chain's closure of 100 stores nationwide. It also owns Bloomingdale's. The Macy's location is not technically part of the $225 million redevelopment of the Burlington Town Center mall off Church Street, as it has a different property owner. It is the only Macy's in Vermont.

Lamoille affordable housing non-profit chosen as Hannaford Cause Bag beneficiary

Wed, 01/03/2018 - 2:00pm -- tim

Vermont Business Magazine Lamoille Housing Partnership (LHP) has been chosen as the upcoming beneficiary organization of Hannaford Supermarket’s Cause Bag program. Throughout the month of January, $1 from each Hannaford Helps reusable bag purchase will be donated to Lamoille Housing Partnership. 

Vermont gets piece of $45 million PHH Mortgage settlement

Wed, 01/03/2018 - 12:43pm -- tim

Vermont Business Magazine Attorney General Thomas J Donovan, Jr and Department of Financial Regulation Commissioner Michael S Pieciak announced today that they have reached a $45 million settlement with New Jersey-based mortgage lender and servicer PHH Mortgage Corporation, along with 49 other state Attorneys General and 46 other state financial regulators.

Van Oot leaving Downs Rachlin Martin for new venture

Wed, 01/03/2018 - 12:33pm -- tim

Vermont Business Magazine Attorney Peter D Van Oot is leaving  the law firm where he has practiced for more than 30 years to join a new venture with Dr Robert Simpson, the former chief executive officer of the Brattleboro Retreat. The new business, called The Difference Leadership Group,  counsels for-profit and non-profit leaders  in governance and leadership. DRM environmental law attorney Trey Martin will work with Van Oot’s environmental law clients going forward.

North Hartland Tool expanding Vermont plant

Wed, 01/03/2018 - 12:24pm -- tim

Vermont Business Magazine North Hartland Tool Corporation (NHTC), manufacturer of precision gages and fixtures, is pleased to announce the expansion of their manufacturing facility located in North Hartland, Vermont. The building expansion will allow for new equipment and software incorporating the latest “lights out” technology.  With these updates, the company will increase its hours of manufacturing and workforce to meet the growing demands in the design and manufacturing of precision instruments and aerospace tooling. 

Will AI’s new leaders come from emerging smaller-college programs?

Wed, 01/03/2018 - 11:24am -- tim

Vermont Business Magazine The most employable data analysts and statisticians in 21st century jobs will need more than just the technical and math training that equips them to meet squarely a tsunami of high-tech information flooding fields as diverse as public health, government or community policing, say curriculum leaders at Saint Michael’s College in Vermont. The best analysts also will possess the creativity afforded by broad liberal arts education to make something substantial and useful from so much data.