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Big expectations, few results on health care

Thu, 05/21/2015 - 12:25am -- tim

by Morgan True Governor Peter Shumlin said Vermont is still leading the nation on health care reform, but without a dedicated funding source, he acknowledged the state is struggling to afford an expanded Medicaid program under the Affordable Care Act. The Legislature did not implement the governor’s proposed health care payroll tax which would have increased Medicaid payments to medical providers. The $90 million tax would have also supported an increase in caseload and utilization costs.

Deane Davis Outstanding Business of the Year Award to be presented by Governor Shumlin at Vermont Business EXPO, Thursday at 10 am

Wed, 05/20/2015 - 5:55pm -- tim

The 31st annual Vermont Chamber Business & Industry EXPO will take place this Thursday at the Sheraton Burlington Hotel & Conference Center. This is the largest business-to-business trade show in Northern New England, this year featuring a brand new one day public trade show schedule.  With an estimated 3,000 business leader attendees and nearly 150 exhibitors, this event will create and strengthen B2B connections for Vermont economic growth.

Vermont Attorney General announces $85,000 settlement with credit reporting agencies

Wed, 05/20/2015 - 3:14pm -- tim

The three national credit reporting agencies—Equifax Information Services LLC, Experian Information Solutions, Inc., and TransUnion LLC—have settled consumer protection claims with Vermont Attorney General William H. Sorrell and 30 other state attorneys general. Under the settlement, the credit reporting agencies are required to make significant changes to their business practices to provide greater protection to consumers, and will make an $85,000 payment to the State of Vermont.

Dartmouth expands program to develop leaders in global poverty alleviation with $21 million gift

Wed, 05/20/2015 - 3:10pm -- tim

King Scholar Leadership Program founders Dottie and Bob King ’57 have made a $21 million gift to more than double their investment in the scholarship program they established to bring exceptional students from Latin America, Africa, and Asia to Dartmouth. The Kings’ gift will dramatically expand the program they founded in 2013 to support students from developing nations who are passionate about international leadership and global poverty alleviation. The recent gift brings total investment in the program to more than $35 million.

State leaders, LCRCC, GBIC expand Vermont-Quebec initiative

Wed, 05/20/2015 - 12:56pm -- tim

Governor Peter Shumlin, President Pro Tem John Campbell, Speaker of the House Shap Smith, and Tom Torti, President of the Lake Champlain Chamber of Commerce, today announced expanded commitments to Vermont-Quebec economic development, during a prospect visit by companies interested in learning more about doing business in Vermont. The event, hosted by the Lake Champlain Regional Chamber of Commerce, is part of their Vermont-Quebec Enterprise Initiative; an effort to position Vermont as the location of choice for Quebec companies looking to locate operations in the United States. 

Vermont Chamber's EXPO begins today

Wed, 05/20/2015 - 10:05am -- tim

The Vermont Chamber’s EXPO is kicking off today at the Sheraton in Burlington and will continue Thursday. It features a new format this year, with an exhibitor-only day Wednesday with more than 400 business-to-business meetings happening today from 10-4. The Chamber deployed a new technology to allow the 150 exhibitors to request and accept pre-planned meetings with prospective customers.

Working Lands Enterprise Initiative awards over $1 million in grants to 36 Vermont organizations

Wed, 05/20/2015 - 8:03am -- tim

The Working Lands Enterprise Board announced on Tuesday this year’s 36 grant recipients – 24 agriculture and 12 forestry projects – for just over $1 million in both Working Lands and Local Food Market Development grant funding. These projects impact every county in Vermont, and leverage an additional $1.8 million in matching funds. Investments were made to 26 working lands enterprises and 10 service providers for projects that increase production, expand markets, develop innovative technologies, improve water quality, and train the workforce that Vermont’s businesses need to succeed.

Vermont is America's healthiest state for seniors

Wed, 05/20/2015 - 7:48am -- tim

Vermont is the healthiest state for seniors, rising from fourth place last year, according to the third edition of United Health Foundation’s America’s Health Rankings® Senior Report: A Call to Action for Individuals and Their Communities. New Hampshire ranks second, improving one spot from last year. Minnesota fell to third after being ranked first for two years in a row, while Hawaii (4) and Utah (5) round out the top five states. Louisiana ranks 50th as the least healthy state for older adults, followed by Mississippi (49), Kentucky (48), Arkansas (47) and Oklahoma (46).

Roper: Bernie begs the question…

Wed, 05/20/2015 - 4:44am -- tim

by Rob Roper Love him or hate him, one has to concede that Bernie Sanders has had a tremendous impact on the political direction of Vermont over the past a quarter century plus. His influence has reverberated throughout the Green Mountains and in our State House. He has had spawned many acolytes in the activist community and in the halls of power.

Social networking science: Vermonters like beer! (no duh)

Wed, 05/20/2015 - 4:29am -- tim

Brandwatch, the leading social intelligence company, Tuesday released an extensive social data report focused on the restaurant, food and beverage industries. In the report, more than 2.5 million social media mentions were collected and analyzed. With an estimated 32 percent of all UK brand mentions on Twitter centered around the food and beverage industry, this indicates that there exists huge opportunities for businesses around the globe in this field to leverage social media data.

Governor encourages students to apply for summer dual enrollment

Wed, 05/20/2015 - 4:06am -- tim

Governor Peter Shumlin joined with students, Vermont State Colleges Chancellor Jeb Spaulding, and others Tuesday in Burlington to encourage Vermonters to apply for summer dual enrollment courses ahead of upcoming registration deadlines. Shumlin signed into law legislation in 2013 that expanded dual enrollment, a program that allows students to earn college credit for free while still in high school. The law has been a success, with the number of Vermont students taking advantage of dual enrollment doubling from around 600 to almost 1,300 in 2014.

Report finds Vermont rents continue to climb faster than incomes

Tue, 05/19/2015 - 4:23pm -- tim

Vermont Business Magazine In order to afford a modest, two-bedroom apartment at the Fair Market Rent in Vermont, renters need to earn $20.68 per hour, or $43,017 a year. This is Vermont’s 2015 Housing Wage, revealed in a report released today. The report, Out of Reach 2015, was jointly released by the National Low Income Housing Coalition, a Washington, DC-based research and advocacy organization, and the Vermont Affordable Housing Coalition.