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PUC approves sale of Burlington Telecom

Wed, 02/20/2019 - 5:14pm -- tim

Vermont Business Magazine The Vermont Public Utilities Commission on Tuesday issued an order granting certificates of public good to Champlain Broadband, and approving the sale of Burlington Telecom to Champlain Broadband, the local subsidiary of Schurz Communications from Indiana. This is the final stage of a process that the city began in 2014, with the resolution of the Citibank litigation and the transfer of assets to Blue Water Holdings, which allowed the city to stabilize its finances and improve its credit rating in order to save taxpayers millions.

Welch unveils legislation to bring down soaring insulin prices

Wed, 02/20/2019 - 2:50pm -- tim

Vermont Business Magazine At a press conference today at Community Health Centers of Burlington, Representative Peter Welch (D-Vermont) unveiled legislation he has authored to provide relief from skyrocketing insulin prices to diabetes patients in Vermont and across the country. Welch's initiative authorizes the importation of safe, low-cost insulin from Canada and other qualified countries.

GMP named to Fast Company’s list of World’s Most Innovative for third year

Wed, 02/20/2019 - 12:30pm -- tim

Vermont Business Magazine For the third year in a row, Green Mountain Power earned a spot among the top ten most innovative energy companies in the world, landing at number five in Energy as Fast Company released its prestigious list of the World’s Most Innovative Companies for 2019. GMP joins companies like Apple, Stitch Fix and Peloton on the list. Fast Company highlighted GMP’s groundbreaking work on grid transformation to cut carbon and costs with stored energy.

Vermont Department of Taxes updates W-4VT

Wed, 02/20/2019 - 11:49am -- tim

Vermont Business Magazine Beginning in 2019, completing the updated Vermont version of the Employee’s Withholding Allowance Certificate, the W-4VT, will be more important than ever due to the new federal and Vermont income tax laws. The Vermont Department of Taxes recommends taxpayers update their Vermont W-4VT. The Form W-4VT was updated in January 2019, and even employees who recently updated their W-4s and W-4VTs should check to make sure that they used the most current forms to update withholding.

Entergy shows 4Q 2018 loss as it exits wholesale business

Wed, 02/20/2019 - 10:42am -- tim

Vermont Business Magazine Entergy Corporation (NYSE: ETR) reported a fourth quarter 2018 loss per share of (36) cents on an as-reported basis and earnings per share of 60 cents on an operational basis (non-GAAP), which excludes the effects of special items. For the full year, the company reported 2018 earnings per share of $4.63 on an as-reported basis and $7.31 on an operational basis.

Dealer.com selects AudioEye as Web accessibility partner

Wed, 02/20/2019 - 10:28am -- tim

Vermont Business Magazine AudioEye, Inc (NASDAQ: AEYE) today announced its partnership with Burlington-based Dealer.com, the premier digital marketing solution and partner for auto dealerships. With this partnership, Dealer.com websites will now have the option to include the AudioEye Ally Managed Service Solution, a technology solution that identifies and resolves issues of digital accessibility, to ensure all site visitors experience barrier-free access with an optimal user experience. AudioEye, located in Tucson, is a leader in cloud-based software-as-a-service (SaaS) digital accessibility technology solutions that expands website access for individuals with disabilities while maintaining conformance with ADA-related requirements.

Vermont company brings solar to sunny Puerto Rico

Wed, 02/20/2019 - 10:09am -- tim

Vermont Business Magazine Grassroots Solar, Inc of Dorset, which has provided solar panels and expertise to Puerto Ricans recovering from Hurricane Maria, is extending its commitment there. In his initial foray, Bill Laberge, president of Grassroots Solar, trained electricians while installing a solar and battery system for a relative of one of his Vermont customers. Then he had donated solar panels delivered to the community, which were installed on a community center in Barrio de San Salvador, in the city of Caguas.

Marlboro College recommended for value by Princeton Review

Wed, 02/20/2019 - 3:57am -- tim

Vermont Business Magazine “The ‘academic freedom’ at Marlboro is its greatest gift,” according to the recently published Princeton Review book, The Best Value Colleges: 200 Schools with Exceptional ROI for Your Tuition Investment. “Students ‘can study whatever [they] want in great depth’ and this makes the academic work ‘deeply personal’ and ‘that much more enriching.”

Bernie Sanders will run for president in 2020

Tue, 02/19/2019 - 5:35pm -- tim

Vermont Business Magazine In a YouTube video posted shortly after 7 am Tuesday morning, US Senator Bernie Sanders (I-Vermont) announced he will run for president of the United States in 2020 and called on Americans from all over the nation to join him in building a massive grassroots movement to win the Democratic primary, defeat Donald Trump, and enact an agenda that serves all people, not just the wealthy few.

Railway fined for mismanaging hazardous materials at Newport maintenance facility

Tue, 02/19/2019 - 4:48pm -- tim

Vermont Business Magazine The Agency of Natural Resources Department of Environmental Conservation (DEC) announced today that Central Maine & Quebec Railway US Inc, owner and operator of a railroad maintenance facility in Newport, was fined $12,000 for improperly managing hazardous materials and releasing hazardous materials to the environment. During a May 2018 compliance inspection of the railroad maintenance facility, DEC personnel found absorbent materials contaminated with petroleum in open, unmarked containers.

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