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UVM study: Warming seas could lead to 70 percent increase in hurricane-related financial loss

Mon, 10/16/2017 - 4:03pm -- tim

Vermont Business Magazine If oceans warm at a rate predicted by the Intergovernmental Panel on Climate Change, the United Nations-sponsored group that assesses climate change research and issues periodic reports, expected financial losses caused by hurricanes could increase more than 70 percent by 2100, according to a University of Vermont study just published in the journal Sustainable and Resilient Infrastructure.

Scott, Condos announce reforms to address Vermont’s substance use disorder workforce crisis

Mon, 10/16/2017 - 3:54pm -- tim

Vermont Business Magazine In a move to reduce the red tape and allow for more substance use professionals across the state, Governor Phil Scott, Secretary of State Jim Condos and Director of Professional Regulation Colin Benjamin on Monday announced reforms to the administrative rules governing Apprentice Addiction Professionals (AAPs), Alcohol and Drug Counselors (ADCs) and Licensed Alcohol and Drug Counselors (LADCs).

Donovan joins lawsuit to defend Vermonters' Health Care against Trump cut

Mon, 10/16/2017 - 3:36pm -- tim

Vermont Business Magazine Vermont Attorney General TJ Donovan joined 18 states and the District of Columbia in filing a lawsuit in the Northern District of California to defend Americans’ right to access affordable healthcare. On Friday, the Trump Administration made the decision to stop making healthcare subsidy payments required by the federal Affordable Care Act. The coalition of Attorneys General argue that the Trump Administration’s action violates the law and will lead to higher costs.

Court orders $1.8 million in clean-up costs for contaminated Rutland property

Mon, 10/16/2017 - 1:33pm -- tim

Vermont Business Magazine The Rutland Superior Court issued a judgment order against John Ruggiero, the owner of property at 84 Woodstock Avenue in Rutland. The order is for $1.8 million in clean-up costs and damages to be paid to the State of Vermont. The judgment resolves the State’s claims against Ruggiero following his failure to remediate hazardous chemicals found at the Rutland property. Ruggiero’s property at 84 Woodstock Avenue had contamination from hazardous chemicals during its historic use as a gas station and dry-cleaning business. 

Vermont Health Connect launches tool to help compare 2018 plans and save money

Mon, 10/16/2017 - 1:08pm -- tim

Vermont Business Magazine On October 17, state officials announced an online tool that they say will help Vermonters weigh health insurance options and choose the health plan that best fits their medical needs and budget. The 2018 Plan Comparison Tool allows individuals and small business employees to compare at least 24 health plan options not just by monthly premiums and deductible amounts, but also by estimated total annual costs.

Admiral James G Stavridis to speak at 2018 Norwich Commencement

Mon, 10/16/2017 - 12:44pm -- tim

Vermont Business Magazine Norwich University has announced that US Navy Admiral (Ret) and Dean of the Fletcher School of Law and Diplomacy at Tufts University James G. Stavridis will deliver the university’s 2018 Commencement address to graduating seniors on Saturday, May 12, 2018. Stavridis is a retired United States Navy admiral and the current dean of the Fletcher School of Law and Diplomacy at Tufts University. He serves as the chief international diplomacy and national security analyst for NBC News in New York. He is also chairman of the board of the U.S.

Berkshire completes acquisition of Mass bank

Mon, 10/16/2017 - 12:34pm -- tim

Vermont Business Magazine Berkshire Hills Bancorp, Inc (NYSE:  BHLB) has completed the acquisition of Commerce Bancshares Corp and the merger of Commerce Bank & Trust Company into Berkshire Bank, effective at the close of business on October 13, 2017. With this acquisition, Berkshire adds 16 branches in the Worcester and Boston areas and becomes the largest regional bank headquartered in Massachusetts. The merger adds approximately $1.8 billion in assets, bringing the combined assets to $11.6 billion. Berkshire Bank has several branches in southern Vermont.

City Council to decide on Burlington Telecom finalists tonight

Mon, 10/16/2017 - 11:25am -- tim

Vermont Business Magazine The Burlington City Council will meet tonight and is scheduled to select two finalists to buy Burlington Telecom. A final decision will be made by the Council October 30. Two out-of-state bidders and one local bidder are the finalists. Last week, Mayor Miro Weinberger urged the City Council to advance to the final round the bids from Schurz Communications and Ting/Tucows. This was expected as they were the high bidders.

Permanent Fund honors Cookie Danyow as 2017 Early Educator of the Year

Mon, 10/16/2017 - 10:35am -- tim

Vermont Business Magazine The Permanent Fund for Vermont’s Children announced the third annual Early Educator of the Year Award today at the Vermont Association for the Education of Young Children (VAEYC) Annual Conference held in Killington, VT. The award winner, Cheryl “Cookie” Danyow, of Addison, was named 2017’s Early Educator of the Year. Richmond resident Ellen Kraft was the award finalist. The Permanent Fund created the Early Educator of the Year Award to recognize and celebrate excellence in the teaching of Vermont’s young children to bring attention to the importance of high-quality care and early education.

Winooski Tech Crawl Oct 17 will showcase a 'Textiles to Tech' transformation

Sun, 10/15/2017 - 11:34am -- tim

Vermont Business Magazine A Winooski Tech Crawl event will highlight the tech businesses that have made their home in the historic Mill buildings in the greater Winooski area, representing textiles to tech transformation, on Tuesday October 17, from 4 pm to 5:30 pm, with a reception following. This free event is presented by the Vermont Technology Alliance as part of Innovation Week, a celebration of the entrepreneurial and technology ecosystem in the greater Burlington area.

St Mike’s play 'Mill Girls' a labor of love, learning

Sun, 10/15/2017 - 5:31am -- tim

Vermont Business Magazine A 14-member student cast at Saint Michael’s College started work on Labor Day, which felt appropriate, for a new original play with music about the lives of 19th century girls who worked the mills of New England towns like Lowell, MA, and Winooski, VT. That rehearsal launched preparations still under way for performances on November 2, 3,4,10 & 11 at 7 pm in the McCarthy Arts Center Theater. All performances are free and open to the public.