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State employee medical plan premium rates announced, up 17.9 percent

Tue, 10/21/2014 - 4:40am -- tim

The annual open enrollment period for State employees to choose among medical plans begins November 1. Human Resources Commissioner Maribeth Spellman announced today that the plans will see a 17.9 percent premium increase in 2015 for active State employees and non-Medicare retirees, while Medicare retirees will see a decrease or very small increase (-2.3 percent or +1.0 percent) depending on their plan.

SVMC becomes teaching hospital for podiatry

Tue, 10/21/2014 - 3:21am -- tim

A new program at Southwestern Vermont Medical Center (SVMC) is attracting podiatry students from across the country who want to train with an outstanding medical staff in a rural hospital. The new podiatry surgical residency program, which launched earlier this year, began with two recent graduates, Dr Vu Nguyen from Western University of Health Sciences in Pomona, CA, and Dr Michael Banh from Kent State University in Kent, Ohio.

Burlington named top desitination for American Beer Day (Oct 27)

Tue, 10/21/2014 - 3:05am -- tim

American Beer Day returns on October 27th to honor the nation’s favorite cold beverage and celebrate US brewers who have perfected their craft from coast to coast. To help guide thirsty patriots as they seek to imbibe, has listed its top destinations for craft beer, from Portland, Oregon to Burlington, Vermont. Each brew city on the list boasts exceptional breweries, offering locals and travelers alike the opportunity to enjoy uniquely American creations.’s top seven craft beer destinations are:

Vermont Attorney General settles claims against Texas marketing company

Mon, 10/20/2014 - 4:23pm -- tim

Vermont will receive $90,000 from Lead Concepts, Inc, a company based in Grapevine, Texas, that generated leads for insurance agents by sending direct mailings to Vermonters, many of them elderly, asking them to return postcards with their age and spouse’s name and age, without explaining how the information would be used. Such activity is a violation of state and federal law.

IBM sells chip business, Vermont plant to GLOBALFOUNDRIES

Mon, 10/20/2014 - 9:19am -- tim

by Timothy McQuiston Vermont Business Magazine IBM (NYSE: IBM) and GLOBALFOUNDRIES today announced that they have signed a Definitive Agreement under which GLOBALFOUNDRIES plans to acquire IBM's global commercial semiconductor technology business, including intellectual property, workers and technologies related to IBM Microelectronics, subject to completion of applicable regulatory reviews. IBM will pay GLOBALFOUNDRIES $1.5 billion and in return receive some service contracts.

2014 Vermont Tech Jam Award finalists announced

Sun, 10/19/2014 - 4:42am -- tim

The Vermont Technology Alliance, an industry trade group representing Vermont’s tech businesses, is proud to announce the finalists of the 2014 Vermont Tech Jam Awards, sponsored by Merchants Bank. There are two awards: The Innovation Award is presented to the individual or business with the most innovative new product, application of technology, or way of doing business.

Lake Champlain ranked among top smallmouth bass fisheries in North America

Sun, 10/19/2014 - 4:12am -- tim

Lake Champlain has received yet another world-class fishing designation. Renowned fishing media outlet, World Fishing Network, ranks Lake Champlain one of the seven best smallmouth bass lakes in North America. The ranking, which was first reported on WFN’s website, describes Lake Champlain as “perhaps the best lake in all of North America for both quality largemouth and smallmouth bass.”

EPA awards Vermont organizations $50,000 for environmental health programs

Sat, 10/18/2014 - 5:31am -- tim

EPA awards Healthy Communities Grants to 14 community-based projects across New England, including two for Vermont. The grant funds for New England total about $340,637 that will go towards community projects addressing environmental and public health issues in New England. EPA’s Healthy Communities Grant Program brings together discretionary funding across many different programs to fund community projects that reduce environmental risks, protect and improve human health, improve the quality of life, and advance resilience. 

Shumlin, Nolan, Savage, Parsons recognized as renewable energy leaders at annual conference

Sat, 10/18/2014 - 4:12am -- tim

Renewable Energy Vermont (REV) recognized four Vermonters for their outstanding efforts promoting renewable energy business this year at Renewable Energy 2014: “Leading the Change in Energy,” an annual renewable energy conference. RE2014 is Vermont’s annual convention bringing together key players in the clean energy sector. The conference was held Thursday and Friday at the Sheraton Hotel and Conference Center in Burlington.

Google designates Stowe as Vermont's 2014 eCity

Fri, 10/17/2014 - 4:04pm -- tim

One of Vermont’s most picturesque ski towns is now considered one of the nation’s most tech-friendly towns, according to Google. Google has named Stowe as the 2014 eCity for the State of Vermont. The eCity Awards recognize the strongest online business communities in all 50 states. The businesses in these communities are embracing the web to find new customers, connect with existing clients and fueling their local economies. Stowe joins the ranks of America’s leading cities in the digital economy. 

SEC drops inquiry into Keurig Green Mountain, no enforcement action taken

Fri, 10/17/2014 - 4:00pm -- tim

Keurig Green Mountain, Inc, today announced it has received notification from The Securities and Exchange Commission (SEC) that it is closing the previously disclosed four-year inquiry into accounting and disclosure matters at the Company and would not be recommending any enforcement action against the Company or any of its current or former employees.

Vermont to get $83,000 for TD Bank data breach

Fri, 10/17/2014 - 3:55pm -- tim

Vermont will receive $83,000 of a settlement state attorneys general reached with TD Bank that resolves a 2012 data breach that affected almost 16,000 Vermont consumers. The breach involved the loss of two unencrypted backup tapes containing 1.4 million files that had been accumulated over eight to ten years. The files contained a variety of personal information belonging to some 260,000 TD Bank customers nationwide.