Current News

-A A +A

WCAX-TV names Jay Barton new GM

Tue, 06/06/2017 - 5:50pm -- tim

Vermont Business Magazine Gray Television, Inc (NYSE: GTN and GTN.A) announced today its promotion of veteran broadcasters to lead its television stations in four markets. Like all other new Gray General Managers named in 2017, all four of these individuals were promoted from within Gray's station ranks. Gray owns over 100 stations in generally middle markets across the US. Gray took over WCAX on June 1 in a $29 million deal announced May 4.

Governor Scott vetoes budget, property tax bill

Tue, 06/06/2017 - 4:53pm -- tim

Vermont Business Magazine Governor Phil Scott today vetoed H 509, a property tax bill, and H518, the Legislature’s proposed state budget. In a statement issued Tuesday afternoon, the governor said that in combination, these bills forgo up to $13 million in savings for Fiscal Year 2018 and up to $26 million in annual education savings, worsening the unsustainable trajectory of continuously rising property taxes at a time when student enrollment continues to decline by, on average, three pupils each day.

Vermont gets $656,000 in forest grants

Tue, 06/06/2017 - 3:57pm -- tim

Vermont Business Magazine Vermont’s congressional delegation announced Tuesday that Williston and Richmond have received a combined $656,000 in US Forest Service grants to create town forests. In a joint statement, Senators Patrick Leahy (D-Vermont) and Bernie Sanders (I-Vermont), and Representative Peter Welch (D-Vermont) said, “We are pleased these federal funds will allow the towns of Williston and Richmond to conserve key tracts of forest, increase public access and improve recreational opportunities for local residents.” 

TJ Donovan joins opposition to EPA order on toxic pesticide

Tue, 06/06/2017 - 2:40pm -- tim

Vermont Business Magazine Attorney General Thomas J. Donovan, Jr, joined a coalition of seven state Attorneys General to oppose the US Environmental Protection Agency’s (EPA) March 29, 2017 order allowing continued use of chlorpyrifos on food. Chlorpyrifos, a widely-used pesticide on food crops – including those consumed by infants, young children and pregnant women – has been shown to negatively impact proper development and functioning of the central nervous system and the brain.

Leahy statement during hearing on Education budget

Tue, 06/06/2017 - 2:34pm -- tim

Senator Patrick Leahy Thank you, Chairman Blunt and Ranking Member Murray, for holding this hearing today to examine the President’s fiscal year 2018 budget proposal for the Department of Education. I appreciate the opportunity to make a few brief opening remarks. Unfortunately, the President’s proposed budget displays a fundamental lack of understanding of the role of government of, by, and for the people, in supporting the middle class, lifting up the most vulnerable among us, and serving our values and interests as a nation. Sequestration has had devastating consequences for both defense and non-defense programs; consequences that will last a generation or more.  The Trump budget would only extend and deepen those problems. And I think the budget proposal for the Department of Education can be summed up quickly: abysmal.

Summer camps splashed $3.2 billion into Northeast economy

Tue, 06/06/2017 - 10:06am -- tim

Vermont Business Magazine An Economic Impact Report conducted by Consulting Economist Charles Lawton, PhD on behalf of the American Camp Association, Northeast Region reveals that the youth camping industry provides economic benefits to the Northeast and has a direct financial benefit of $3.2 billion annually on nine states including Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. There are over 6,000 licensed camp programs in the Northeast that employ almost 175,000 people seasonally and 10,000 full-time.

AM Best: New Vermont law aims to attract and retain Captives

Tue, 06/06/2017 - 9:32am -- tim

Vermont Business Magazine AM Best, in a new report, believes an updated captive insurance law in Vermont, which allows for the inclusion of agency captives, makes the nation's largest captive domicile even more attractive for potential formations. A new Best’s Briefing, “New Vermont Law Aims to Attract and Retain Captives,” states that the signing of House Bill 85 in Vermont into law, and its inclusion of agency captives, highlights the push by the insurance industry in recent years to get closer to the insureds.

65 percent of Vermont adults believe flavored tobacco products should be illegal

Tue, 06/06/2017 - 5:05am -- tim

Vermont Business Magazine High school youth activists joined community tobacco coalition volunteers and state health officials today in releasing the results of a public opinion survey that illustrates the role flavored tobacco products play in introducing youth to tobacco use. Amaya Rogers, a freshman at Harwood Union High School presented the results with Burlington High School senior Noah Smith. Rogers said a key point she learned is that youth were twice as likely as adults to try a flavored tobacco product.

Opinion: Congress must do its job and support federal research funding

Tue, 06/06/2017 - 4:19am -- tim

by Richard Galbraith, John Evans and Briar Alpert At the University of Vermont’s May 2017 Board of Trustees meeting, a trustee asked this question in open session about the White House’s recent budget proposal: “How would the proposed cuts to federal agencies like National Institutes of Health and National Science Foundation impact research at UVM?”

McClaughry: The real health care issue is promoting wellness

Tue, 06/06/2017 - 3:24am -- tim

by John McClaughry The news media are reporting the battle in Washington over the future of ObamaCare, and its proposed replacement American Health Care Act, as mainly a debate over “coverage.” This is understandable, but the national debate over health care policy ought to be far more broad. We need to look more closely at why, aside from accidents, people need health care.

Phoenix Books to move, expand in Essex

Tue, 06/06/2017 - 3:18am -- tim

Vermont Business Magazine Phoenix Books Essex announced Monday that the store will move to a larger space in late July. The new location is at 2 Carmichael Street in Essex, just around the corner from the bookstore’s current home at Essex Outlets. Phoenix Books was founded in Essex in 2007 by Michael DeSanto and Renee Reiner, and has since added locations in Burlington, Rutland, and Chester, Vermont, plus a sister store in Woodstock. DeSanto reaffirmed the store’s commitment to Essex, and said that the new lease is for 10 years or more.