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Weekly unemployment claims fall, still over 1,000

Fri, 12/12/2014 - 8:10am -- tim

Vermont Business Magazine New weekly unemployment claims in Vermont fell by over 300 claims last week after a steep spike the week before. Claims had been very low during the summer, trending under 500, but have been high since early October. Levels this year had been running consistently lower than those of last year, but are now nearly the same. For the week of Deember 6, 2014, there were 1,070 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 358 from the previous week's total, and 5 more than they were a year ago. 

gbA gets two design awards in Central Vermont

Fri, 12/12/2014 - 3:31am -- tim

Two Central Vermont projects have received design excellence awards from the Vermont Chapter of American Institute of Architects. The projects, designed by gbA (Gossens Bachman Architects) of Montpelier, were awarded at AIAVT's annual meeting at the Statehouse on December 4, 2014. The first was award for the Capstone Community Action office. This community development corporation provides a number of programs and services for low to moderate income Vermonters. The non-profit consolidated its services that had been scattered throughout Vermont.

Union Bank Offers Six Ways to Avoid Holiday Shopping Scams

Fri, 12/12/2014 - 12:00am -- katie

In the wake of recent data breaches, shoppers should be on high alert while purchasing their presents this holiday season.

“While millions of credit and debit card transactions are conducted safely every day, it’s important that consumers are aware of the potential for holiday scams,” said David Silverman, President and Chief Executive Officer of Union Bank.

Union Bank offers the following tips to help consumers keep their information safe whether shopping in the store or online:

Vermont Ranks Ninth in the Nation in Jobs Lost to China

Fri, 12/12/2014 - 12:00am -- katie

America’s surging trade deficit with China has cost more than 3.2 million U.S. jobs, 8,200 alone in Vermont. This ranks them as ninth in the nation. The overwhelming majority of jobs lost are manufacturing, according to a study released today by the Economic Policy Institute (EPI).

Every congressional district but one has lost net job opportunities since China joined the World Trade Organization in 2001, the study found.

Gov. Peter Shumlin, Vermont Emergency Officials Update on Winter Storm and Power Outages

Thu, 12/11/2014 - 2:05pm -- katie

Gov. Peter Shumlin, state emergency officials and representatives from the utility companies urged Vermonters to use caution in the wake of the latest winter storm, which has left tens of thousands of Vermonters without power across the state. While utility crews are working nonstop, the Governor warned that some Vermonters may be without power into the weekend due to the second round of heavy snowfall overnight.

Sanders Votes No on Defense Authorization Bill

Thu, 12/11/2014 - 11:19am -- katie

 The Senate today advanced a Department of Defense bill that would authorize $560 billion for the military. The vote was 85-14. Sen. Bernie Sanders (I-Vt.) voted “no” and issued the following statement:

“I am voting no because I have very serious concerns about our nation's bloated military budget and the misplaced national priorities this bill reflects.

FairPoint working quickly on internet repairs

Thu, 12/11/2014 - 10:03am -- katie

FairPoint Communications is aware of an Internet outage affecting customers in Vermont and New Hampshire. We are working as quickly as we safely can to make repairs. We will provide an update when we have more information. “We experienced a hardware issue during routine maintenance earlier this morning that caused an Internet outage for customers in Vermont and parts of New Hampshire.

Keurig Green Mountain and Caribou Coffee Announce Expanded Agreement

Thu, 12/11/2014 - 9:40am -- katie

Keurig Green Mountain, Inc. (Keurig) (NASDAQ: GMCR) and Caribou Coffee announced that the companies have renewed their partnership with a 10-year agreement for the manufacturing, marketing, distribution, and sale of Caribou Coffee in Keurig® pack formats for Keurig® consumer and commercial hot brewing systems. As a part of the agreement, the companies will begin offering Caribou Coffee in carafe formats for the Keurig® 2.0 brewing system andKeurig® Bolt® carafe brewing system.