-A A +A


Weekly unemployment claims stay low

Mon, 09/11/2017 - 7:40am -- tim

Vermont Business Magazine Weekly unemployment claims rose above 300 last week but remain at a very low level. Claims had been falling steadily since early July. Claims also are lower than they were the same time last year, which has been the case for most weeks in 2017. For the week of September 2, 2017, there were 310 claims, 28 more than than they were last week and 52 fewer than they were a year ago.

Bridport dairy turns to technology as the next investment in the farm’s future

Mon, 09/11/2017 - 3:07am -- tim

Vermont Business Magazine Today more than ever, technology is interwoven into our daily lives, and, recently, is becoming a key player on Vermont dairy farms. In April of this year, Dan Barnes of Barnes Black and White Farm in Birdport, Vermont took a leap of faith and turned to robotic milking technology as the next way to milk some of his dairy cows. Robotic milking systems not only take care of the milking chores nearly 24 hours a day – they also regularly screen every individual cow’s health, monitor the quality of her milk, and ultimately position the dairy to be more sustainable into the future.

Sister Janice Ryan to receive Lifetime Achievement Award for Community Service

Sun, 09/10/2017 - 4:03am -- tim

Vermont Business Magazine The Vermont Community Foundation is proud to honor Sister Janice Ryan with a Lifetime Achievement Award for Community Service. The award will be presented at the Community Foundation's Annual Meeting on September 13, 2017 and is given to a person who has demonstrated a long-term and significant commitment toward creating healthy and vital Vermont communities. 

UVM President Tom Sullivan signs statement in support of DACA

Sat, 09/09/2017 - 2:46pm -- tim

Vermont Business Magazine University of Vermont President Tom Sullivan is among more than 600 presidents of public and private colleges and universities across the country who have signed a statement in support of the Deferred Action for Childhood Arrivals (DACA) program. The statement urges the nation’s leaders to uphold, continue and expand the program as a matter of “moral imperative” and “national necessity.”

Hundreds gather in Burlington to discuss climate economy

Sat, 09/09/2017 - 6:09am -- tim

Vermont Business Magazine Five hundred creative entrepreneurs, investors, and thought leaders gathered at the University of Vermont for a three-day innovation summit hosted by the Vermont Council on Rural Development (VCRD) to focus on the opportunities presented by the Climate Economy this week. The Climate Economy Initiative is built on the premise that confronting climate change through innovative economic development can be a competitive strategy, one that will build national reputation, create jobs, and attract youth and entrepreneurism.

Mad River Distillers to release limited Burnt Rock Bourbon Sept 19

Sat, 09/09/2017 - 5:43am -- tim

Vermont Business Magazine Mad River Distillers of Vermont is proud to announce the distillery’s new Burnt Rock Bourbon will be released in extremely limited quantities on Tuesday, September 19 at select Vermont and Massachusetts retailers and bars. “We were looking for a different bourbon experience, something spicier with a bit of smoke to it,” said Mimi Buttenheim, Mad River Distillers’ president. “The maple wood smoke allowed us to showcase our Vermont roots.”

New Mad River Taste Place showcases Vermont food and beverage makers

Sat, 09/09/2017 - 3:10am -- tim

Vermont Business Magazine Food business incubator Mad River Food Hub has opened the Mad River Taste Place in Waitsfield, a distinct venue showcasing Vermont food and drink businesses. Located in a contemporary building that once housed a bank, Mad River Taste Place offers a curated retail experience where residents and visitors can taste, learn and provision from the food and beverage makers of the Mad River Valley and other areas of Vermont.

Personal income tax rebounds in August

Fri, 09/08/2017 - 4:43pm -- tim

Vermont Business Magazine The Personal Income Tax should renewed strength last month and is now ahead of fiscal year expectations. The Personal Income tax is the most important General Fund revenue source and has struggled the last two years despite downward projections. General Fund revenues collected for the month totaled $102.82 million, $1.11 million above the consensus revenue target adopted by the Emergency Board on July 21, 2017 according to Secretary of Administration Susanne Young. Personal Income Tax experienced a +$3.26 million up while the Corporate Tax experienced a -$2.13 million shortfall. All other components of the General Fund were only slightly ahead, or behind, target.

Massive data breach could hit 240,000 Vermonters

Fri, 09/08/2017 - 3:08pm -- tim

Vermont Business Magazine Today, Vermont Attorney General TJ Donovan, in partnership with the Department of Public Safety issued an alert through the Emergency Alert system – part of the Attorney General’s new Scam Alert initiative to directly contact over 15,000 Vermonters with information about how to protect their credit and other personal information. Donovan acted swiftly to reports of a massive data breach that could expose hundreds of thousands of Vermonters to identity theft or other criminal activity.

House OKs Welch amendment to restore funding for Lake Champlain

Fri, 09/08/2017 - 1:39pm -- tim

Vermont Business Magazine Last evening, the House of Representatives approved a bipartisan amendment authored by Rep. Peter Welch (D-VT) that restores $4.4 million in fiscal year 2018 federal funding for the Lake Champlain Basin Program (LCBP). The amendment, cosponsored by Rep. Elise Stefanik (R-NY), rejects the recommendations of President Trump and the House Appropriations Committee to eliminate funding for the program.

Champlain College's Cooperrider Center to host Positive Education Summit

Fri, 09/08/2017 - 9:34am -- tim

Vermont Business Magazine Studies show that increasing a sense of students' well-being leads to improved learning and success in careers and life. To that end, Champlain College and the International Positive Education Network (IPEN) are teaming up to accelerate positive education in schools around the world from early childhood on up to higher education and beyond.