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Fed economist to speak at Lyndon/Johnson State College forum March 22

Sun, 03/19/2017 - 4:27am -- tim

Vermont Business Magazine Dr Robert K Triest, vice president and economist with the Federal Reserve Bank of Boston, will talk on economic conditions in Vermont and regional economic conditions at a forum March 22 at Johnson State College. The forum, co-sponsored by Johnson and Lyndon State Colleges, will be at 5:30 pm in Stearns Performance Space at Johnson State College. The event is free and open to the public.

The forum will include a panel discussion and an opportunity for attendees to network afterward.

Champlain Women’s Empowerment Symposium set for April 3

Sat, 03/18/2017 - 4:34pm -- tim

Vermont Business Magazine The Champlain College Women’s Empowerment Initiative’s Spring Symposium will be held on April 3. A series of events will be held throughout the day to celebrate the 2017 theme -- “Being Brave: Cultivating Our Courage and Confidence.” The third annual Spring Symposium will bring together members of the Champlain College faculty, staff, students, alumni and community for learning and engaged discussion. Events are open to the public.  

Nancy Putnam appointed to Union Bank board

Sat, 03/18/2017 - 11:31am -- tim

Vermont Business Magazine David S Silverman, President and Chief Executive Officer of Union Bank announced today that, on February 15 the Board of Directors of Union Bankshares, Inc appointed Nancy C Putnam of Jeffersonville to the Board of Directors of Union Bank. Previously employed as a CPA with Marckres Norder & Company in Morrisville, Nancy recently retired after 21 years of employment.

Merchants Bank awards $2,000 grant to HOPE’s Project Real Job

Sat, 03/18/2017 - 4:01am -- tim

Vermont Business Magazine On a recent bleak winter day, spirits were lifted at HOPE with the news of a $2,000 grant award from Merchants Bank. Grant funds will support HOPE’s Project Real Job initiative – one of HOPE’s most utilized programs, will assist working low income residents of Addison County. Project Real Job is designed to keep low income working people gainfully employed.  In 2016, HOPE assisted 55 different people in Addison County with small amounts of support to help cover approved job related expenses.

House General votes out family leave insurance bill

Fri, 03/17/2017 - 4:48pm -- tim

Vermont Business Magazine In a 7-4 party-line vote today, the House Committee on General, Housing, and Military Affairs voted favorably to advance H196, a bill that would create a family and medical leave insurance program. The program would provide up to 12 weeks of paid leave to cover a worker’s absence for a qualifying condition, including to care for a new child, a seriously ill loved one or themselves. Governor Phil Scott, however does not love the bill because it pays for the $80 million benefit with what the governor calls a payroll tax.

Statement from Governor Phil Scott on 'economic priorities'

Fri, 03/17/2017 - 4:24pm -- tim

Vermont Business Magazine Governor Phil Scott today issued the following statement on legislative action on economic priorities for the state: “As we reached the halfway mark of Vermont’s legislative session this week, it’s important for those of us in Montpelier to prioritize our efforts to make a real difference in the lives of Vermonters in the final eight weeks of this legislative session.

Walgreens fined $20,000 for sale of house brand batteries without stewardship plan

Fri, 03/17/2017 - 1:22pm -- tim

Vermont Business Magazine The Vermont Agency of Natural Resources announced today that Walgreen Eastern Co, Inc, the owner of three Vermont Walgreens stores, was fined $20,000 for producing and selling batteries in Vermont without an Agency-approved battery stewardship plan. Under state law, manufacturers of “primary” batteries are required to identify how they will contribute to the free collection and recycling of batteries sold in Vermont. Primary batteries are defined as non-rechargeable alkaline, carbon-zinc, and lithium metal batteries.

Vermont Airbnb hosts took in $17 million in 2016

Fri, 03/17/2017 - 12:21pm -- tim

Vermont Business Magazine Airbnb has announced that Vermont’s 3,000 active hosts earned over $17 million dollars in supplemental income in 2016 by welcoming approximately 140,000 visitors to the Green Mountain State -- a 87 percent year-over-year increase in inbound guest arrivals. The typical host in Vermont earned $5,600 last year, often using the additional funds to make rent or mortgage payments, save for retirement or repay student loans. The typical listing is occupied 23 nights per year and the average length of stay is 2.6 nights.

Christina Rouleau to lead DFR Insurance Division

Fri, 03/17/2017 - 12:04pm -- tim

Vermont Business Magazine Michael S Pieciak, commissioner of the Vermont Department of Financial Regulation (DFR), announced Thursday the appointment of Christina R. Rouleau as deputy commissioner of the Insurance Division. Rouleau joined DFR in 2009 as assistant general counsel and became director of the Market Conduct Section in 2012. In that role, she managed the team that is responsible for investigating and examining insurance companies.

Donovan and Condos to hold second campaign finance meeting March 21

Fri, 03/17/2017 - 11:59am -- tim

Vermont Business Magazine Attorney General Thomas J Donovan, Jr, and Secretary of State Jim Condos will hold a meeting of the Committee on Campaign Finance Education, Compliance and Reform on Tuesday March, 21 in the Winooski city offices at 6pm. This is the second meeting in a statewide tour of the committee. The Committee is tasked with gathering information, analyzing the current state of Vermont’s campaign finance law, and making recommendations for changes or improvements in the law and its implementation.

Norwich to hold STEM Fair April 1

Fri, 03/17/2017 - 11:57am -- tim

Vermont Business Magazine Norwich University in Northfield will once again host this year’s Vermont Science, Technology, Engineering and Mathematics (STEM) Fair on Saturday, April 1. The day-long event runs from 9 am to 4 pm, anchored in Norwich’s state-of-the-art science complex, Bartoletto Hall, with an awards ceremony in Dole Auditorium starting at 2 pm. Free and open to the public, the fair showcases the work of Vermont public, private and homeschool students in grades 5-12 who have won local science and math fair competitions. The students will display projects that tackle questions and pose solutions arising from the fields of science, technology, engineering and math (STEM).                     

Donovan, attorneys general coalition oppose rollback of vehicle emission standards

Fri, 03/17/2017 - 10:30am -- tim

Vermont Business Magazine Vermont Attorney General TJ Donovan has joined a coalition of states to oppose President Trump’s directive for federal agencies to reconsider vehicle emission standards. The coalition includes the Attorneys General from Vermont, Maine, Maryland, Massachusetts, New York, Oregon, Rhode Island, Washington State, the District of Columbia, as well as the Pennsylvania Department of Environmental Protection. The coalition issued the following statement: