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Regulators fine GMP for wind project noise violations

Thu, 10/23/2014 - 3:45am -- tim

by John Herrick Green Mountain Power will be required to constantly monitor sound coming from wind turbines, which could provide the most detailed assessment yet of a noise issue concerning some residents living near wind farms. The Vermont Public Service Board fined the utility $1,000 last week for exceeding sound limits it placed on the Kingdom Community Wind farm, which was approved in 2011. In place of a larger civil penalty, regulators asked the utility to implement a continuous sound-monitoring program for one year.

Tech Jam highlights growth in Vermont high-tech industry, Great Jobs in Vermont effort

Wed, 10/22/2014 - 3:27pm -- tim

Joined by Burlington Mayor Miro Weinberger, tech business owners, economic development officials and others at Ello in Burlington, Governor Peter Shumlin Wednesday touted the upcoming 2014 Vermont Tech Jam being held on Friday and Saturday, and highlighted Vermont’s growing high-tech industry and national recognition. “We’re at Ello today because this company – the hottest new social media site since Facebook -- is a great example of this booming part of our economy,” Shumlin said. “Ello is not alone.

US Energy Department awards $3.1 million in solar energy grants to two Vermont companies

Wed, 10/22/2014 - 3:04pm -- tim

The US Department of Energy awarded more than $3.1 million in grants to two Vermont companies to help make solar energy more affordable and accessible. The Department of Energy awarded a $1 million grant to Faraday in Middlebury and $2.1 million to Norwich Technologies in White River Junction. These funds are part of more than $53 million awarded by the Energy Department to advance 40 research and development projects throughout the United States. The projects are designed to drive down the cost of solar energy and bring innovative ideas to the market more quickly.

Colin Powell to visit Norwich University, keynote Todd Lecture Series on Veterans Day

Wed, 10/22/2014 - 2:37pm -- tim

Former US Secretary of State and retired four-star US Army general Colin L Powell will observe Veterans Day at Norwich University and deliver the Fall 2014 Todd Lecture Series talk on campus at 7 pm in Shapiro Field House. Both Tuesday, November 11 events are free and open to the public. Distinguished by his public service over the course of his 50-year career, Powell has held senior military and diplomatic positions across four presidential administrations.

FairPoint concerned with strikers' 'dangerous' behavior, unions fire back

Wed, 10/22/2014 - 12:16pm -- tim

Vermont Business Magazine FairPoint Communications in a statement issued a statement reiterating its commitment to providing high-quality customer service as it implements and ramps up its contingency plans during the strike by two unions that began last Friday. FairPoint said it is concerned with activities and incidents that have alarmed individuals and obstructed customer service.

Home sales in Vermont increase, but prices fall

Wed, 10/22/2014 - 4:05am -- tim

Vermont home sales were up, but median prices decreased in September from the same time last year. For New England, year-over-year sales increased by 0.6 percent according to The RE/MAX of New England September Monthly Housing Report. Pending sales were up 37.2 percent over September 2013. Month-over-month, the cooler weather has helped to contribute to a seasonally-expected decline of -15.8 percent in home sales, with pending sales up 11.3 percent. Across the region, homes are staying on the market an average of 4 additional days, while median price is down -5.3 percent on average.

Vermont SBA accepting award nominations

Wed, 10/22/2014 - 3:31am -- tim

The SBA Vermont District Office is accepting nominations for its annual small business awards, including the Small Business Person of the Year award. Previous Vermont winners include Ben and Jerry’s, Switchback Brewing Company and Vermont Teddy Bear Company.

The categories are as follows:

Small Business Person of the Year
Criteria: Individual or partners who own a small business, which has increased sales, profits and employees, and been in business for three years.

Court finds Republican Governors Association violated campaign finance law

Tue, 10/21/2014 - 5:01pm -- tim

The Vermont Superior Court, Washington Unit, issued a decision Tuesday concluding that the Republican Governors Association (RGA) violated Vermont law by accepting contributions in excess of $2,000 during the 2010 gubernatorial campaign. The RGA claimed it should be exempt from contribution limits because it qualified as an independent-expenditure-only committee.

Merchants Bancshares announces third quarter 2014 results

Tue, 10/21/2014 - 4:38pm -- tim

Merchants  Bancshares, Inc (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $2.81 million and $9.62 million, or diluted earnings per share of $0.44 and $1.52 for the three and nine months ended September 30, 2014, respectively. This compares to net income of $3.67 million and $11.31 million, or diluted earnings per share of $0.58 and $1.79 for the three and nine months ended September 30, 2013, respectively.

Burlington Elementary School teacher named 2015 Vermont Teacher of the Year

Tue, 10/21/2014 - 3:53pm -- tim

Rebecca Haslam, a Champlain Elementary School teacher and District Social Studies and Equity Curriculum Coach for grades K-5, has been selected as the 2015 Vermont Teacher of the Year (VT-TOY), the Agency of Education announced today. In addition to team-teaching first grade, she helps develop curriculum, working with teachers in each of the Burlington School District’s six elementary schools to employ resources that are more inclusive in content, language, and practice.

Vermont unemployment rate up again, rises three-tenths to 4.4 percent

Tue, 10/21/2014 - 10:34am -- tim

Vermont Unemployment Rate Rises to 4.4 percent in September The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for September 2014 was 4.4 percent. This represents an increase of three-tenths of a percent from the revised August rate (4.1 percent). The increase was driven by both an increase in the number of unemployed and a decrease in the number of employed. The equivalent national average was 5.9 percent, which decreased by two-tenths of a percent from the previous month’s estimate.