Vermont Business Magazine Lake Sunapee Bank Group (NASDAQ: LSBG), the holding company for Lake Sunapee Bank, fsb, with branches through central Vermont, on Wednsday announced results for the quarter ended June 30, 2015.
Vermont Business Magazine Three Vermont-based business owners have been named America’s Retail Champions by the National Retail Federation and are in the running to be chosen as one of five national finalists as well as America’s Retail Champion of the Year. State champions, nominated by the Vermont Retail & Grocers Association, include Andrew Brewer, owner of Onion River Sports in Montpelier, Marc Sherman, owner of Stowe Mercantile in Stowe, and Todd Keyworth, owner of Harborside Market in North Hero.
Vermont Business Magazine Quebec Premier Philippe Couillard, and Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, announced in June the appointment of Éric Martel as a member of the Board of Directors and President and CEO of Hydro-Québec, the provincial utility company and largest single electric supplier to Vermont. The former Bombardier executive began work on July 6.
Vermont Business Magazine Addressing hundreds of low-wage workers in Washington who have gone on strike for a living wage, US Senator Bernie Sanders (I-Vermont) said legislation he introduced Wednesday would raise the federal minimum wage to $15 an hour. Sanders said he was proud to stand with Good Jobs Nation and the Fight for 15 organizations, groups which have put a spotlight on the need to raise the minimum wage and helped make the push for better pay a cause that most Americans support.
Vermont Business Magazine Illegal telemarketing calls continue to be a major source of consumer fraud scams and are also a major source of anxiety and annoyance to consumers, particularly Vermont seniors. In the last year, the Attorney General’s Consumer Assistance Program (CAP) received over 3,200 reports of robocalls (pre-recorded calls) and other illegal telemarketing calls – and that is a small percentage of the calls actually received by Vermont consumers.
Vermont Business Magazine A coalition of State and City Treasurers and Comptrollers, including Vermont Treasurer Beth Pearce, sent a letter yesterday to Securities and Exchange Commission (SEC) Chairwoman Mary Jo White asking the Commission to adopt new rules requiring greater transparency from private equity managers when disclosing fees and expenses to limited partners.
Vermont Business Magazine Vermont-based publisher Chelsea Green in White River Junction will bring out the first major book chronicling the issues being raised by US Senator Bernie Sanders in his campaign for president of the United States. The Essential Bernie Sanders and His Vision for America is what the publishier says is the only book that outlines, in Sanders’ own words and actions, his presidential agenda for America. The book draws heavily from Sanders himself, including excerpts from the Congressional record, public speeches, and media interviews.
Vermont Business Magazine Hartland Democrat Matt Dunne is not declaring he's running for Vermont governor, but he's done everything short of saying so. This morning he sent out a detailed letter to potential supporters asking them for their feedback as he continues the process toward making a decision. As of the July 15, 2015, election reporting cycle, he filed a contribution report with the Vermont Secretary of State that lists $115,000 in donations and only $1,600 in expenditures.
Vermont Business Magazine Real estate sales in Vermont have continued a trend dating back to late winter with vigorous sales in June with only a modest increase in average prices. Sales have rebounded since the great recession while prices have lagged in catching up, despite a greatly reduced number of foreclosures. Sales are also up following another harsh winter, which saw depressed activity.
Vermont Business Magazine The Agency of Commerce and Community Development (ACCD) and the Windham County Advisory Council announced today that the new and improved Windham County Economic Development Program (WCEDP), based in Brattlebor is up and running. Following the announcement of the first round of grants last December, Governor Shumlin called for ACCD to work with regional and local partners to redesign the program to ensure more regional input and participation and a more efficient program that ensures job creation and economic transformation in the region.
State of Vermont In keeping with the Presidential Proclamation, Governor Peter Shumlin has ordered flags at all state buildings and facilities be lowered to half-staff immediately in honor of the victims of the tragedy in Chattanooga, Tennessee on July 16, 2015. Where the flags will be lowered: The Vermont State House, all Federal and State Facilities around the state and public buildings and grounds around the state. Which flags will be lowered: The U.S flag, Vermont State flag, POW flags, and any other flags.* Date the flags are to be lowered: (at sunrise): Immediately.
Vermont Business Magazine University of Vermont Vice President for Research Richard Galbraith, MD, PhD, has announced that four UVM research teams have each been awarded seed grants – ranging from $25,000 to $50,000 – to help move their innovative work one step closer to the marketplace. The researchers were among six finalist teams who pitched their ideas to a panel of experts at the first UVM-wide SPARK-VT session on June 26, 2015.