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Governor Douglas appointed Vermont Historical Society interim director

Wed, 07/29/2015 - 3:00pm -- tim

Vermont Business Magazine The Vermont Historical Society announced today that Jim Douglas, the former four-term governor of Vermont, has agreed to serve as the VHS’s part-time interim Executive Director while a national search is undertaken to replace Mark Hudson, who recently announced his fall departure. Douglas will begin his duties shortly and will overlap for a time with the departing Hudson. 

Damages from July storm don't trigger federal damage assessment

Wed, 07/29/2015 - 2:44pm -- tim

Vermont Business Magazine After an exhaustive assessment of damages caused by the July 19-20 storm in Vermont, state officials have determined there does not exist enough loss for the state to request a federal disaster declaration.  However, state resources could be available to communities to help cover the cost of repairing roads.

Congress extends law, Middlebury among 23 colleges using collaborative financial aid

Wed, 07/29/2015 - 8:58am -- tim

Vermont Business Magazine Middlebury College and 22 to other colleges will be allowed to continue to use a common financial aid system. The US House of Representatives Monday night passed bipartisan legislation introduced by Judiciary Committee Chairman Chuck Grassley (R-Iowa), Ranking Member Patrick Leahy (D-Vermont) and Senator Mike Lee (R-Utah) to extend an expiring antitrust exemption that allows certain colleges and universities to continue to collaborate on issues of need-based financial aid.

Blanchard: Socially responsible investing goes mainstream

Wed, 07/29/2015 - 5:04am -- tim

by Seth Blanchard Selecting investments based on both financial considerations and personal values is nothing new in the investment universe. But what was once considered a “fringe” strategy is becoming an increasingly mainstream approach. Today, there is an increased awareness that choosing opportunities now referred to as Sustainable and Responsible Investing (SRI) can create good investment value.

VEC issues 'peak alert' encouraging members to conserve energy

Tue, 07/28/2015 - 5:27pm -- tim

Vermont Business Magazine Vermont Electric Cooperative is encouraging its members to conserve energy on Wednesday, July 29 and Thursday, July 30 between the hours of 1 pm and 6 pm when demand for electricity is expected to spike as a result of high temperatures throughout New England.

Here is what you can do to help beat the peak:

• Turn off all unnecessary lights.

• Delay use of major appliances such as dishwashers, washing machines, and clothes dryers.

• Raise your thermostat or air conditioner by 3 degrees.

Vermont gets $6.7 million in Homeland Security grants

Tue, 07/28/2015 - 4:28pm -- tim

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) announced today that the State of Vermont will receive $6.7 million in federal grants to develop prevention and preparedness programs to respond to and recover from acts of terrorism and other catastrophic events. The grants were awarded under a formula championed by Leahy to protect smaller states like Vermont and were made public by the US Department of Homeland Security Tuesday.

UVM Medical Center unveils modern, private facilities for new mothers and babies

Tue, 07/28/2015 - 4:00pm -- tim

Vermont Business Magazine New mothers from throughout Vermont and northern New York will enjoy modern, private rooms with ample space for their partners and visiting loved ones in the “Glen and Rosemarie Wright Mother Baby Unit” unveiled Tuesday at The University of Vermont Medical Center. The Wright's were the lead donors among the 800 individuals and organizations who helped support the $15.8 million project. The current “Mother Baby Unit” is located in facilities that are 50-70 years old and contains small rooms, most of which have two beds.

Economists: Vermont revenues on track for fiscal year 2016

Tue, 07/28/2015 - 2:46pm -- tim

by Anne Galloway A revised revenue forecast for fiscal year 2016 puts the state back in the black. State economists say the general fund tax receipts will grow by 3 percent in the coming year, or by $40 million. At the beginning of 2015, revenues were down by $18 million.The revised forecast, presented Monday by Jeffrey Carr, the economist for the Shumlin administration, and Tom Kavet, the economist for the Vermont Legislature, shows modest growth in the state’s economy.

Vermonters experience serious health effects when temperatures reach mid- to upper-80s

Tue, 07/28/2015 - 12:34pm -- tim

Vermont Business Magazine A Vermont Department of Health analysis shows that Vermonters are at greater risk for serious illnesses, even death, when the statewide average temperature reaches or exceeds 87°F. Adults age 75 and older and 15 to 34 experience the highest rates of heat-related illnesses. Adults 65 and older are at higher risk for death on such hot days.

New Study: Consumers don't view GMO labels as negative 'warnings'

Tue, 07/28/2015 - 12:28pm -- tim

Vermont Business Magazine A new study released just days after the US House passed a bill that would prevent states from requiring labels on genetically modified foods reveals that GMO labeling would not act as warning labels and scare consumers away from buying products with GMO ingredients. The study, presented at the annual conference of the Agricultural and Applied Economics Association, held in San Francisco on July 27, relies on five years of data (2003, 2004, 2008, 2014 and 2015) and includes 2,012 responses to a representative, statewide survey of Vermont residents.

BMH introduces new endoscopy system for earlier digestive disease detection and treatment

Tue, 07/28/2015 - 6:09am -- tim

Vermont Business Magazine Brattleboro Memorial Hospital is among the first hospitals in Vermont to acquire the Olympus EVIS EXERA III video endoscopy system. This system uses a video processor, light source, endoscope, and monitor to enable physicians to look inside the gastrointestinal (GI) system to diagnose, detect, and treat GI diseases such as colorectal cancer. The advanced imaging in the EVIS EXERA III system will help BMH physicians to detect GI disease at an earlier stage when treatments are most successful.