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St Johnsbury bank employee charged with embezzlement

Fri, 09/25/2015 - 2:21am -- tim

Vermont State Police On August 20, 2015, Passumpsic Bank Officials from the St Johnsbury Center Branch reported to the Vermont State Police that an employee, Janet Katalina, embezzled money from the Bank’s own accounts (not a customer’s account). Katalina held the position of Accounting Analyst and Payroll Specialist.  Katalina was terminated from the bank on August 19, 2015.

UVM Medical Center appoints Rick Vincent CFO

Thu, 09/24/2015 - 4:47pm -- tim

Vermont Business Magazine The University of Vermont Medical Center and the University of Vermont Medical Group recently announced the appointment of Rick Vincent to the position of vice president, Finance, and chief financial officer. The University of Vermont Medical Group includes approximately 600 physicians who are jointly employed by the medical center and the University of Vermont College of Medicine.

Vermont AG opens investigation of Volkswagen, 2,900 vehicles in Vermont

Thu, 09/24/2015 - 2:32pm -- tim

Vermont Business Magazine Attorney General William Sorrell has opened an investigation into the disclosure by Volkswagen that some of its diesel vehicles carried software designed to produce false emissions test results – violating clear air regulations and deceiving consumers. Attorney General Sorrell said that, “Volkswagen should be held accountable for any evasion of environmental laws and emissions standards, deception of consumers, and violation of the public trust.”

Grinold: Climate change and our local economy

Thu, 09/24/2015 - 1:28pm -- tim

by Adam Grinold, Executive Director, Brattleboro Development Credit Corporation On October 6, Southern Vermont will host the Vermont Council on Rural Development’s Regional Public Forum on Advancing Vermont’s Climate Change Economy. It takes place at the Latchis Theater from 7-9pm. I encourage everyone to participate in this timely discussion which will directly impact the recommendations that will be presented to the Governor and Legislature in February.

Natural gas plant considered for Vernon, use Vermont Yankee infrastructure

Thu, 09/24/2015 - 11:35am -- tim

by Mike Faher/The Commons, Brattleboro In a town hit hard by the shutdown of Vermont Yankee, officials say a natural-gas plant — with development costs estimated at $750 million — may be in the works. The optimism in Vernon is carefully qualified, however. For one thing, the plant is far from a sure bet, and it’s not yet been disclosed which sites are under consideration. Also, there have been a few recent hints of opposition from the general public, though the town government has been generally supportive of the concept so far.

State, St Michael's College outline survey on students' perceptions of Vermont job market

Thu, 09/24/2015 - 11:22am -- tim

Vermont Business Magazine Governor Peter Shumlin today joined with the Vermont Department of Labor (VDOL) to highlight survey results focused on the perception of Vermont’s economy and job market by recent graduates and incoming seniors at St Michael’s College in Colchester. One concerning finding from the survey is that almost 40 percent of students who left or plan to leave Vermont following graduation cited a “reported lack of job availability,” contradicting the fact that Vermont has thousands of job openings and the nation’s fourth lowest unemployment rate.

State’s Universal Recycling Law feeds hungry Vermonters

Thu, 09/24/2015 - 9:39am -- tim

Vermont Business Magazine State Agency officials, representatives from the Vermont Foodbank, and local grocers joined together Tuesday at the Chittenden Emergency Food Shelf to recognize the contribution of food rescue to hunger relief.  Since July 2015, when requirements for food diversion took effect for medium-sized institutions under Vermont’s Universal Recycling Law, the Vermont Foodbank has seen a 24% increase in food donations from retailers over last year.  Food shelves are fuller, and less waste is going to the landfill.  

DEC approves plan to protect, restore tributaries to northern Lake Champlain

Thu, 09/24/2015 - 9:35am -- tim

Vermont Business Magazine The Department of Environmental Conservation approved a new plan to improve water quality in Lake Champlain. The Northern Lake Champlain Direct Drainages Tactical Basin Plan Plan compiles over two years of work focused on the health of the basin and development of targeted actions to remediate and protect surface waters. High levels of sediment and pollutants, invasive aquatic species and potentially toxic algal blooms threaten many lakes, rivers, and streams in the Lake Champlain Basin.

DEC approves plan to restore and protect Waits, Wells, Ompompanoosuc and Stevens rivers

Thu, 09/24/2015 - 9:27am -- tim

Vermont Business Magazine The Department of Environmental Conservation (DEC) has approved a new plan to improve water quality and acquatic habitat in the Stevens, Wells, Waits, and Ompompanoosuc river watersheds, as well as those of several direct tributaries to the middle Connecticut River. The Tactical Water Management Plan was presents the recommendations of ANR in collaboration with other State and Federal resource agencies, watershed partner organizations, regional planning commissions, municipalities, and individual citizens. 

State, Entergy spar over VY hazardous waste

Thu, 09/24/2015 - 9:21am -- tim

by Mike Faher/The Commons, Brattleboro Not surprisingly, most scrutiny of the Vermont Yankee site in Vernon revolves around radiological concerns. But, as indicated by a recent, months-long process of violation notices and responses, state officials also are deeply interested in what plant owner Entergy is doing with its non-radiological waste — so much so that the state has threatened a civil complaint and associated, unspecified penalties in connection with an inspection earlier this year.

Entergy agrees to continue providing notification of Vermont Yankee decommissioning fund withdrawals

Wed, 09/23/2015 - 5:26pm -- tim

Vermont Business Magazine Within weeks after Attorney General William H. Sorrell and the Department of Public Service won a victory in a ruling by a three-judge Licensing Board of the Nuclear Regulatory Commission (NRC) on a request by Entergy to amend its license, Entergy seeks to abandon its request for a license amendment altogether. If the license amendment had been granted, Entergy would have stopped providing notification of withdrawals from the Vermont Yankee decommissioning trust fund. Entergy’s motion to withdraw, if approved, means that it must continue to provide notice to the State and others 30 days before it withdraws any money from the fund.

Castleton Poll: Vermonters nervous about economy, want an Ethics Commission

Wed, 09/23/2015 - 4:56pm -- tim

Vermont Business Magazine Castleton University's Castleton Polling Institute released its "Vermont Issues Poll" today. As is generally the case, jobs and the economy are seen as the most important problem facing the state of Vermont. The recent Castleton Poll found one-third of all respondents citing the economy as the most important issue facing the state. This is the issue most on Vermonter’s minds. The Poll also asked questions about a possible Ethics Commission, legalizing marijuana, and school district consolidation.

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