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Longtime journalist Wil Haygood highlights week of events honoring Martin Luther King, Jr

Sun, 01/18/2015 - 7:32am -- tim

Acclaimed Washington Post reporter Wil Haygood, whose award-winning book The Butler: A Witness to History was turned into a major motion picture starring Forest Whitaker and Oprah Winfrey, will serve as the keynote speaker of the Martin Luther King, Jr, Celebration, Education & Learning Week at the University of Vermont. His lecture is scheduled for Tuesday, January 20 at Ira Allen Chapel at 4 p.m. with a book signing to follow at 5:30 p.m. 

Norwich University’s MBA project management concentration receives prestigious accreditation

Sun, 01/18/2015 - 4:58am -- tim

The Master of Business Administration, Project Management concentration (MBA-PM) at Norwich University’s College of Graduate and Continuing Studies was accredited by the Project Management Institute Global Accreditation Center for Project Management Education Programs (GAC) in December 2014.

BCA receives $100,000 grant from the Andy Warhol Foundation

Sat, 01/17/2015 - 5:32am -- tim

Burlington City Arts is pleased to announce a grant from The Andy Warhol Foundation. BCA will receive $100,000 over the next two years for the purpose of commissioning new art work through residency projects and exhibition at The BCA Center on Church Street. This is the second grant BCA has received from The Warhol Foundation. BCA received $75,000 in 2008 to support contemporary exhibition and documentation.

State could earn $20-$75 million from legal pot, report says

Fri, 01/16/2015 - 4:28pm -- tim

by Tom Brown Vermonters illegally consume between 33,000 and 55,000 pounds of marijuana annually, according to a study released Friday by the RAND Drug Policy Research Center. Legalizing, taxing and regulating that volume could generate $20 million to $75 million a year, the report said. Factor in marijuana tourism, and the revenue estimate soars into the hundreds of millions. The 218-page report prepared for lawmakers offered no recommendations but provided a detailed analysis of the available data on legalization.

House Speaker Shap Smith announces January 22 hearing to discuss high gasoline prices

Fri, 01/16/2015 - 4:15pm -- tim

House Speaker Shap Smith today announced tri-partisan support for public hearings to investigate the cost of gasoline in Northwestern Vermont, which can be up to 30 or 40 cents higher than prices found in other parts of the state. The hearings will be held on Thursday, January 22 from 5–7 pm in Room 11 of the State House. According to, the average price of gasoline in Vermont today is $2.48 per gallon. The lowest prices were $2.15 in Troy, Barton and Jay in the Northeast Kingdom; $2.17 in Brattleboro; and $2.19 in White River Junction.

Cynthia K Hoehl donates $2 million endowment gift to the Cynthia K Hoehl Institute at the Stern Center

Fri, 01/16/2015 - 3:48pm -- tim

Cynthia K Hoehl, of Ferrisburgh, VT, has given a historic gift of two million dollars to the Cynthia K Hoehl Institute for Excellence Endowment at the Stern Center, based in Williston. This, the single largest gift ever given to the Stern Center, will ensure the perpetuity of the Cynthia K Hoehl Institute for Excellence. The Institute implements best practices from neuroscience through its instruction and professional learning programs.

Vermont Boys & Girls Clubs to receive $550,000

Fri, 01/16/2015 - 2:56pm -- tim

Senator Patrick Leahy (D-Vermont) on Friday announced that the Boys & Girls Clubs of Vermont will receive $550,000 in federal grants to fund activities and programs administered by five organizations in Vermont, an increase of nearly 10 percent over the previous year. Leahy, long the Senate’s leading champion of the Boys & Girls Clubs, said: “The Boys & Girls Clubs play vital roles in our communities across Vermont. They serve as on the front line in creating safe spaces for young people to grow up free of drugs and crime.

Report: 2014 was a year of ups and downs in the real estate market

Fri, 01/16/2015 - 1:23pm -- tim

Coldwell Banker Hickok & Boardman Realty released the Northwest Vermont Market Report: 2014 Year in Review, an analysis of the real estate market and trends for 2015 in Chittenden, Franklin, Grand Isle, and Addison Counties. As the report shows, the past year proved to be a year of ups and downs for the Northwest Vermont real estate market, ending on a positive note. Difficult winter conditions and concerns about the future of IBM’s Essex Junction plant dampened sales in the spring and early summer. The announced purchase by GlobalFounderies of the plant and sustained low interest rates

People's United reports Q4 2014 earnings of 22 cents per share

Fri, 01/16/2015 - 1:12pm -- tim

People's United Financial, Inc, parent of People's United Bank, (NASDAQ: PBCT) today reported net income of $64.7 million, or $0.22 per share, for the fourth quarter of 2014, compared to $59.3 million, or $0.20 per share, for the fourth quarter of 2013, and $61.6 million, or $0.21 per share, for the third quarter of 2014. Operating earnings were $65.1 million, or $0.22 per share, for the fourth quarter of 2014, compared to $60.0 million, or $0.20 per share, for the fourth quarter of 2013, and $63.0 million, or $0.21 per share, for the third quarter of 2014.

Timber investment firm sells 1,243-acre tract in Washington County

Fri, 01/16/2015 - 12:31pm -- tim

Timbervest, LLC, an Atlanta-based company that manages timber-related assets and investments, today announced it sold more than 10,000 acres of timberland assets in Florida, South Carolina and Vermont from its Timbervest Partners I (TVP I) investment fund. The combined value of the three transactions totaled more than $14.2 million. Following the sales, the $230 million, vintage 2005 TVP I fund continues to own and manage high quality timberlands located throughout the country and its investor base consists of both institutional and high-net-worth investors.