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Murray, Vermont's Chief Information Officer, to lead Vermont Telecommunications Authority

Mon, 10/19/2009 - 12:05pm -- tim

Thomas E Murray, Vermont’s CIO and Commissioner of the Department of Information and Innovation, has been named as the Executive Director of the Vermont Telecommunications Authority. The VTA was established by the Legislature in 2007 as part of Governor Douglas’ proposal to make Vermont the nation’s first e-state. Its mission is to ensure Vermonters have access to affordable broadband and cellular service throughout the state.

Evslin named Chief Technology Officer for Vermont, Adams to head recovery office

Mon, 10/19/2009 - 11:58am -- tim

Governor Jim Douglas and Secretary of Administration Neale Lunderville today announced the appointment of Chief Recovery Officer Tom Evslin to the new position of Chief Technology Officer with specific initial responsibility for preparing telecom initiatives for the upcoming legislative session. Evslin will also help formulate policy for use of technology in the e-state government of the future including cloud computing and other technical opportunities for the state, smart grid, and the use of energy by state government.

Vermont minimum wage remains unchanged for 2010

Mon, 10/19/2009 - 11:21am -- tim

Vermont’s minimum wage will remain $8.06 per hour during 2010, the Department of Labor announced today. Vermont’s minimum wage increases at the same rate as the August Consumer Price Index (CPI) each year or five percent, whichever is smaller. The August CPI fell by  -1.5% for the period September 1, 2008 to August 31, 2009.   Vermont law does not allow the minimum wage to decline, so it will remain the same as it was during 2009, $8.06 per hour. Vermont is one of only 13 states with a minimum wage higher than the $7.25 per hour federal minimum wage.

Rutland County Parent Child Center wins $25,000 SymQuest office makeover

Mon, 10/19/2009 - 11:18am -- tim

Larry Sudbay, President and Chief Executive Officer of SymQuest Group, Inc. announced today that Rutland County Parent Child Center, Inc. (RCPCC) was chosen as the winning applicant for the Third SymPowered Office Makeover from SymQuest — worth $25,000. Rutland County Parent Child Center, a locally based non-profit, demonstrated the most need, budget constraints, outdated equipment and dedication to serving their clients. Since 1985, RCPCC has nurtured strengths, growth and independence of children and families in the Rutland area.

Champlain Bridge closed to all traffic

Mon, 10/19/2009 - 11:12am -- tim

The Champlain Bridge connecting Route 17 in Addison with New York state was closed Friday until further notice. The sudden closure was the result of inspectors finding a pier deteriorating at the water line. The bridge, at the crossing of Chimney Point and Crown Point, NY, is the responsibility of the State of New York, which will come up with alternative solutions until the bridge is repaired at least temporarily. Eventually the bridge could be repaired or replaced. Major construction was not expected to take place until 2013.

Arrow Financial of Glens Falls, NY, reports earnings of 46 cents per share

Mon, 10/19/2009 - 10:15am -- tim

Arrow Financial Corporation (Nasdaq: AROW) announced operating results for the three and nine-month periods ended September 30, 2009. Net income for the third quarter ended September 30, 2009 was $5.1 million, representing diluted earnings per share (EPS) of $.46, unchanged from the diluted earnings per share in the third quarter of 2008, when net income was $5.0 million.

Chittenden parent reports third quarter earnings of $27 million, 8 cents per share

Mon, 10/19/2009 - 9:36am -- tim

The parent company of Chittenden Bank, People's United Financial, Inc (NASDAQ: PBCT), has announced net income of $26.8 million, or $0.08 per share, for the third quarter of 2009, compared to $25.3 million, or $0.08 per share, for the second quarter of 2009, and $46.0 million, or $0.14 per share, for the third quarter of 2008.  Third quarter 2009 earnings reflect an increase in the net interest margin despite pressure associated with the historically low interest rate environment and the company's asset sensitive balance sheet, and an increase in the provision for loan losses due, in part,

Vermont tax revenues exceed targets for GF, Transpo and Education

Mon, 10/19/2009 - 8:46am -- tim

Vermont tax revenues exceeded their adjusted targets in September in the three major categories and in nearly all sub-categories. The most promising of which was the personal income tax, which was down in August. The fiscal year-to-date numbers also exceeded targets, but more modestly. The General Fund was up 5.09 percent in September and 2.37 percent YTD ($263 million). Of this, personal income, by far the single largest component, was up .57 percent YTD ($129.85 million total). The Transportation Fund was up 3.87 percent YTD ($55.05 million total), with all components exceeding targets.

Mount Snow first resort in Vermont to open

Mon, 10/19/2009 - 7:22am -- tim

Related Company: Mount Snow ResortMount Snow offered its earliest lift service opening in history last Saturday when the Discovery Shuttle lift loaded its first passenger at 9:30a.m. The early opening also made Mount Snow the first and only resort open in Vermont. The Launch Pad trail was filled with a dozen terrain park features and over 700 skiers and riders in attendance throughout the weekend.

89 North introduces mercury waste reduction program

Mon, 10/19/2009 - 7:19am -- tim

89 North, an employee owned company located in Burlington, Vermont has introduced an incentive program aimed at reducing the amount of mercury waste generated in scientific laboratories across the country.   Mercury arc lamps are a common tool used in many labs, specifically those performing fluorescence microscopy.  Unfortunately, a typical arc lamp can contain as much as 150 mg of mercury and have a useful lifetime of only 100-200 hours.   This means that a typical lab will go through 3-4 lamps per year, creating a significant amount of dangerous mercury waste.

Rutland Regional Medical Center collaborates with GE Healthcare on community hospital showcase

Mon, 10/19/2009 - 5:23am -- tim

GE Healthcare announced today an agreement with Rutland Regional Medical Center to develop a Community Hospital Showcase and highlight the facility as a national host site for visiting community hospitals. The agreement will leverage GE’s extensive portfolio and Rutland Regional’s best practices to create a national ‘blueprint’ for institutions that use technology to improve the quality and efficiency of patient care.