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Bennington wastewater treatment facility in disrepair, fined $15K

Mon, 05/08/2017 - 3:41pm -- katie

Vermont Business Magazine The Department of Environmental Conservation today announced the Town of Bennington is required to pay $15,000 for failing to maintain its wastewater treatment facility over the past several years. The facility’s disrepair caused foul odors and several releases of partially-treated wastewater into the Walloomsac River.

New hotel coming to Berlin

Mon, 05/08/2017 - 12:47pm -- katie

Vermont Business Magazine As part of its ongoing transformation of the 65-acre Berlin Mall site into a mixed-use town center, Heidenberg Properties Group announced today that it will be developing a five story, 120-room hotel with 15,000 square feet of meeting and special event space along with a freestanding restaurant. Both the Berlin hotel and restaurant will be nationally-franchised, branded operations.

Governor Scott presses Legislature on $26 million

Mon, 05/08/2017 - 9:23am -- tim

by Timothy McQuiston Vermont Business Magazine The Legislature is still in session in large part due, if not wholly due, to Governor Phil Scott's big push to form one health insurance risk pool for all of the state's teachers, which he says could save the property taxpayers $26 million a year. The House could reconvene on Tuesday (May 16) and the Senate will come back on Wednesday or Thursday to try and sort out what could turn into the governor vetoing the budget. In any case, the Legislature will miss its adjournment deadline, which had been anticipated for May 6.

Smith: Censoriously asserting one’s moral superiority

Mon, 05/08/2017 - 4:23am -- tim

by Mike Smith The newest columnist for The New York Times, Bret Stephens, caused quite a kerfuffle among climate change advocates when he recently wrote: “Claiming total certainty about the science [of climate change] traduces the spirit of science and creates openings for doubt whenever a climate claim proves wrong.”

Stephens went on to write, “Censoriously asserting one’s moral superiority and treating skeptics as imbeciles and deplorables wins few converts.”

Leonine: Adjournment delayed

Sun, 05/07/2017 - 9:50pm -- tim

Leonine Public Affairs We will not write a report this week because many bills are in flux, but we will provide a full legislative wrap up within a week of adjournment. The Vermont General Assembly will not adjourn on Saturday, May 6th as originally anticipated. The Legislature will reconvene on Wednesday, May 10th to complete its work. 

Garrett Graff on the US government's secret plan to save itself

Sun, 05/07/2017 - 10:39am -- tim

Vermont Business Magazine Phoenix Books Burlington will host journalist Garrett Graff for a talk on Raven Rock, the eye-opening new title that explores the government’s secret plans to survive a catastrophic attack on US soil, on Thursday, May 25th at 7pm. Every day in Washington, DC, the blue-and-gold 1st Helicopter Squadron, code-named “MUSSEL,” flies over the Potomac River. As obvious as the Presidential motorcade, most people assume the squadron is a travel perk for VIPs. They’re only half right: while the helicopters do provide transport, the unit exists to evacuate high-ranking officials in the event of a terrorist or nuclear attack on the capital. In the event of an attack, select officials would be whisked by helicopters to a ring of secret bunkers around Washington, even as ordinary citizens were left to fend for themselves. awarded 2017 Channel Partner of the Year at Global Bing Awards

Sun, 05/07/2017 - 2:23am -- tim

Vermont Business Magazine, a Cox Automotive brand, today announced it has been awarded with the 2017 Global Channel Partner of the Year North America Award by Microsoft at its inaugural Global Bing Partner Awards ceremony. The awards honor individuals and organizations behind some of the most impactful, innovative and performance-driven work from Bing Ads' Partners in North America, Europe and APAC. 

UVM research office names first faculty mentoring awards

Sat, 05/06/2017 - 4:51am -- tim

Vermont Business Magazine The Office of Undergraduate Research has announced the first two winners of its new Mentoring Award: Robert Hondal, associate professor of biochemistry and chemistry, and Denise Youngblood, professor of history. “Both faculty members have been outstanding scholars, teachers and mentors for many years,” said Ann Kroll Lerner, director of the Office of Undergraduate Research. “It’s a privilege to be able to give them this recognition.” Hondal came to UVM in 2002. Youngblood began at the university in 1988. She is retiring this year.

Efficiency Vermont proposes 5% rate decrease

Fri, 05/05/2017 - 2:22pm -- tim

Vermont Business Magazine Efficiency Vermont, Vermont’s statewide energy efficiency utility, has proposed a decreased budget for its next three-year performance period. The utility’s proposal aims to cut the Energy Efficiency Charge by 5 percent in 2018 and hold it flat for the remainder of the three-year period while delivering the same level of savings. The rate decrease comes as Efficiency Vermont is aiming to meet growing demand from customers and address unmet needs across electric and heating and cooling efficiency. 

Vermonters get $460,000 in restitution over LPL REIT

Fri, 05/05/2017 - 10:35am -- tim

Vermont Business Magazine Michael S Pieciak, commissioner of the Department of Financial Regulation (DFR), announced a settlement today in which LPL Financial (LPL) will reimburse $460,000 to eight Vermont investors and has paid the state a penalty of about $11,000. The settlement was the result of a multi-state investigation conducted by the North American Securities Administrators Association (NASAA).

Weekly unemployment falls nearly 400, still high

Fri, 05/05/2017 - 10:21am -- tim

Vermont Business Magazine Despite a big decline in weekly unemployment claims last week, claims over the last six weeks are still trending up overall, as the economy edges out of the ski season into mud season. Claims spiked to over 1,100 the previous week but remain relatively high at over 700 and are well over the same period last year. Claims typically have been running below last year.

For the week of April 29, 2017, there were 759 claims, down 382 from the previous week's total and 236 more than than they were a year ago.