Current News

VermontBiz It is with great excitement that VermontBiz celebrates the remarkable achievements of all the individuals chosen as the second year of 91 Influencers here in Vermont. This prestigious honor highlights their unwavering dedication, innovation, and impact in their field and within the community, as they also inspire and lead those around them.

Vermont Business Magazine Governor Phil Scott today announced upcoming leadership transitions at the Green Mountain Care Board (GMCB). Following board member Jessica Holmes’ decision not to seek reappointment at the conclusion of her second six-year term on September 30, Governor Scott has appointed Owen Foster to fill the vacancy. Scott has also notified the Green Mountain Care Board Nominating Committee, which will begin its statutory process of recruiting and recommending candidates to serve as the board’s next chair. After serving as chair since 2022, Foster requested to transition to the vacant member role on the board. He will continue serving as chair through September 30 and will transition into the board member role on October 1, following Holmes’ departure.  

Vermont Business Magazine Burlington Mayor Emma Mulvaney-Stanak released the following statement on the “Burlington Forward” resolution brought forth today from the Democratic City Council Caucus. “I’m a Mayor who prioritizes working together and thinking strategically and differently about how to support our community, especially during this period of unprecedented challenges that are occurring not just in our community but around the country. I certainly appreciate the interest of the Democratic Council Caucus in helping to address the State’s challenges pertaining to homelessness, substance use, and mental health. But this draft resolution, in its current form, does little to set a tone of collaboration, nor does it introduce new ideas."

Vermont Business Magazine The City of Burlington has published the Fiscal Year 2027 (FY27) livable wage rates under the City's Livable Wage Ordinance, effective July 1, 2026, through June 30, 2027. For FY27, covered employers must pay: $20.62 per hour when employer-assisted health insurance is provided; $22.91 per hour when employer-assisted health insurance is not provided.

Vermont Business Magazine The Vermont Agency of Transportation (AOT) is now accepting grant applications for the SFY 2027 Municipal Park and Ride Grant Program, which provides funding for improvements of small park-and-ride facilities in Vermont communities. These facilities will help to reduce the number of single-occupancy vehicles on the roadway, which in turn helps to reduce vehicle pollutants and traffic congestion. A total of $150,000 in funding is available for this program for the 2027 state fiscal year.

Vermont Business Magazine Three Vermont Organizations Unite to Celebrate 80 Years of Vermont Heritage with a Joint Birthday Bash in Shelburne, Vermont! Vermont Teddy Bear, Vermont Flannel, and Local Maverick partner to host one of the state's most exciting family events of the summer. A family-friendly celebration featuring local food, entertainment, and a drone light show On Saturday, August 8, Vermont Teddy Bear, Vermont Flannel, and Local Maverick will present the Birthday Bash Anniversary Celebration at the Vermont Teddy Bear Factory in Shelburne.

Vermont Business Magazine AM Best has revised the outlook to positive from stable and affirmed the Financial Strength Rating of C++ (Marginal) and revised the outlook to positive from negative and affirmed the Long-Term Issuer Credit Ratings of “b+” (Marginal) of Blue Cross and Blue Shield of Vermont (BCBSVT) and its subsidiary, The Vermont Health Plan, LLC, collectively known as Blue Cross and Blue Shield of VT Group (BCBSVT Group). The Credit Ratings (ratings) reflect BCBSVT Group’s balance sheet strength, which AM Best assesses as weak, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.

Vermont Business Magazine The Speranza Inn, a program of Downstreet Housing & Community Development, officially celebrated its grand opening on Thursday, July 23, 2026. Staff, guests, donors, community and funding partners, and neighbors gathered to commemorate the incredible work that has been accomplished in the past year at the Speranza Inn. Downstreet acquired the former Quality Inn in Barre in April of 2025. Since then, Downstreet has undertaken an occupied rehabilitation on the property, transforming the aging building into the Speranza Inn—a 41-room service-integrated hotel that addresses the immediate needs of individuals and families experiencing homelessness in Central Vermont.

Vermont Business Magazine At this week’s Farnborough (England) International Airshow, history was made when fast-growing airline IndiGo signed a Memorandum of Understanding for 1,000+ LEAP-1A engines — the largest single-order ever placed for LEAP engines, made by CFM, a joint venture between GE Aerospace and Safran. This historic order will create more work for 20,000 GE Aerospace employees across 13 U.S. states: Alabama, Florida, Indiana, Kentucky, Michigan, Mississippi, New Hampshire, New York, North Carolina, Ohio, South Carolina, Texas, and Vermont.

Vermont Business Magazine The Attorney General’s Office today announced that Todd Graves, 26, of Shoreham, Vermont, was arraigned on two felony counts of Possession of Child Sexual Abuse Materials and one misdemeanor count of Possession of Child Sexual Abuse Materials. The charges brought against Graves are the result of a criminal investigation, including the execution of search warrants, conducted by the Vermont Internet Crimes Against Children Task Force (VT-ICAC).

Vermont State Police On Tuesday morning, April 21st, 2026, the Vermont State Police began an investigation into a report of theft of cash in an amount totaling over $70,000.00 from a secure vault room at Jay Peak Resort, located in Jay, Vermont. Subsequent investigation determined Lisa Gaylor, 41, of Barton, who was the Vault Supervisor, took cash in smaller increments ranging from $2,000 - $6,000 at a time from the safe between fall of 2025 and spring of 2026. Total known loss was determined to be $70,790.00. 

Vermont Business Magazine Governor Phil Scott today issued the following statement after the Legislative Committee on Administrative Rules (LCAR) voted against making it easier to build or revitalize homes in buffer zones on less than 3% of the total land area of Vermont, such as downtowns and existing neighborhood areas, previously designated by the Legislature as a priority area for housing. “Following months of negotiations, my Administration narrowed our original proposal, earning the support of both environmental and housing advocacy organizations. Despite that broad agreement, the legislative committee voted 5-3 against our proposed change.