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Target to pay Vermont $170,000 in security breach settlement

Thu, 05/25/2017 - 4:04am -- tim

Vermont Business Magazine Attorney General Thomas J Donovan, Jr has announced that Vermont has joined with 46 other states and the District of Columbia in an $18.5 million settlement with the Target Corporation to resolve the states' investigation into the retail company's 2013 data breach. The settlement represents the largest multistate data breach settlement achieved to date. Vermont will receive $170,000 from the settlement.

GMP launches smart water heater program to help customers save money

Thu, 05/25/2017 - 12:00am -- katie

eSmartwater program is 0.99 cents per month for an Aquanta water heater controller and Nest Learning Thermostat to reduce customers’ overall energy costs

Vermont Business Magazine Green Mountain Power is excited to offer its customers a new opportunity to be part of the energy revolution by reducing energy use, saving money and helping GMP reduce peak energy demand for all customers.

Governor vetoes marijuana bill

Wed, 05/24/2017 - 3:56pm -- tim

Vermont Business Magazine At a well-attended press conference at noon today in the governor's fifth floor conference room, Governor Scott said he would veto S22, the marijuana legalization bill the Legislature passed late in the session. The bill would legalize possession of a small amount of pot while allowing individuals very limited production only for personal use. Unlike in Colorado, the Vermont law would not establish commercial production and sale of marijuana.

Vermont to get $377,000 in OTC drug settlement

Wed, 05/24/2017 - 2:09pm -- tim

Vermont Business Magazine The Attorneys General have reached a $33 million settlement with Johnson & Johnson Consumer Inc. and Johnson & Johnson (“Defendants”), the settlement resolves claims that Defendants, through subsidiary McNeil-PPC, Inc, unlawfully promoted over-the-counter drugs as complying with federal current Good Manufacturing Practices (cGMP) when they did not comply. Under the terms of the settlement agreement Vermont will receive $377,832.59 for costs and fees associated with the litigation.

Kevin Mullin to chair Green Mountain Care Board

Wed, 05/24/2017 - 10:31am -- tim

Vermont Business Magazine One of the most influential members of the state Senate will now lead one of the state's most complex and important regulatory bodies. Governor Phil Scott today announced the appointment of Kevin Mullin as chair of the Green Mountain Care Board (GMCB). The Board is responsible for regulation, innovation and evaluation within Vermont’s healthcare system, with a mission to reduce the rate of healthcare cost growth while ensuring high-quality, accessible care for Vermonters. Scott also named Maureen Usifer as a board member.

McClaughry: Seizing the teacher health insurance opportunity

Wed, 05/24/2017 - 8:21am -- tim

by John McClaughry The sudden political struggle over health insurance for unionized teachers isn’t over but some useful lessons are emerging. This struggle was triggered by a provision of ObamaCare called “the Cadillac tax”. Starting in 2018, plans with premiums of over $10,800 a year for individuals and $29,500 for families will face a crushing 40% tax on those premiums.

Attorney General Donovan joins bipartisan group opposing elimination of funding for legal services

Tue, 05/23/2017 - 3:39pm -- katie


Vermont Business Magazine Highlighting the need for legal services in rural and low-income communities across the country, Attorney General Donovan today joined a bipartisan group of 32 attorneys general in urging Congress to oppose the Trump Administration’s proposal to eliminate federal funding for the Legal Services Corporation (LSC).