Current News
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FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced it has reorganized its operational structure to allow for better focus on its operations. Steven G. Rush, a 35-year telecom industry veteran, was named Senior Vice President, Northern New England Operations and takes on operational leadership of FairPoint's northern New England properties. Rush was most recently Senior Vice President, Customer Care and Network Assurance. Prior to FairPoint, Rush spent 26 years with AT&T in roles of increasing responsibility and tackled many challenges including mobilizing and coordinating restoral of the telecommunications network serving the New York Stock Exchange following the events of 9/11/2001. "During his nearly eight years with FairPoint, Steve has distinguished himself as a leader, and I'm confident his vast experience in the telecommunications industry will be a tremendous asset in his new role," said Paul H.
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The Master of Business Administration, Project Management concentration (MBA-PM) at Norwich University’s College of Graduate and Continuing Studies was accredited by the Project Management Institute Global Accreditation Center for Project Management Education Programs (GAC) in December 2014. Degree programs that achieve GAC accreditation must demonstrate and meet the GAC’s rigorous global standards of accreditation, which include an assessment of each program’s objectives and outcomes, faculty and student evaluations, onsite and online resources, annual self-evaluation and proof of continuous improvements in the area of project management education.
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Burlington City Arts is pleased to announce a grant from The Andy Warhol Foundation. BCA will receive $100,000 over the next two years for the purpose of commissioning new art work through residency projects and exhibition at The BCA Center on Church Street. This is the second grant BCA has received from The Warhol Foundation. BCA received $75,000 in 2008 to support contemporary exhibition and documentation.
The Andy Warhol Foundation’s grant making activity is focused on serving the needs of artists by funding the institutions that support them. Grants are made for scholarly exhibitions at museums; curatorial research; visual arts programming at artist-centered organizations; artist residencies and commissions; arts writing; and efforts to promote the health, welfare and first amendment rights of artists.
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No matter how you prefer your cup of coffee, there's no denying the single-serve brewing trend is piping-hot. According to a 2014 National Coffee Association coffee drinking trends survey, 29 percent of respondents who drank coffee said they used a single-cup brewer, up nearly 50 percent from the previous year.1 Brewing at home is about to become even more appealing as GE (NYSE: GE) introduces an industry first: the GE Café™ Series refrigerator with Keurig® K-Cup® Brewing System.
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by Tom Brown vtdigger.org Vermonters illegally consume between 33,000 and 55,000 pounds of marijuana annually, according to a study released Friday by the RAND Drug Policy Research Center. Legalizing, taxing and regulating that volume could generate $20 million to $75 million a year, the report said. Factor in marijuana tourism, and the revenue estimate soars into the hundreds of millions. The 218-page report prepared for lawmakers offered no recommendations but provided a detailed analysis of the available data on legalization. The report looked at public health effects, regulatory structure, revenue potential and other impacts of legalizing the use of recreational marijuana.
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House Speaker Shap Smith today announced tri-partisan support for public hearings to investigate the cost of gasoline in Northwestern Vermont, which can be up to 30 or 40 cents higher than prices found in other parts of the state. The hearings will be held on Thursday, January 22 from 5–7 pm in Room 11 of the State House. According to vermontgasprices.com, the average price of gasoline in Vermont today is $2.48 per gallon. The lowest prices were $2.15 in Troy, Barton and Jay in the Northeast Kingdom; $2.17 in Brattleboro; and $2.19 in White River Junction. The highest recorded in Chittenden County is $2.69.
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Cynthia K Hoehl, of Ferrisburgh, VT, has given a historic gift of two million dollars to the Cynthia K Hoehl Institute for Excellence Endowment at the Stern Center, based in Williston. This, the single largest gift ever given to the Stern Center, will ensure the perpetuity of the Cynthia K Hoehl Institute for Excellence. The Institute implements best practices from neuroscience through its instruction and professional learning programs. Specifically, it reduces instruction fees for students with family incomes below $125,000; and, it grants awards to schools and educators to help underwrite professional learning.
"Cynthia Hoehl's extraordinary generosity will give future generations access to the Cynthia K Hoehl Institute for Excellence to extend their knowledge as teachers and learners," said Dr Blanche Podhajski, Founder and President of the Stern Center. "It is a gift of hope, power and promise."
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Senator Patrick Leahy (D-Vermont) on Friday announced that the Boys & Girls Clubs of Vermont will receive $550,000 in federal grants to fund activities and programs administered by five organizations in Vermont, an increase of nearly 10 percent over the previous year. Leahy, long the Senate’s leading champion of the Boys & Girls Clubs, said: “The Boys & Girls Clubs play vital roles in our communities across Vermont. They serve as on the front line in creating safe spaces for young people to grow up free of drugs and crime. These grants are a direct investment in the future of these young people, and in the future of their communities. As a former prosecutor I’ve seen firsthand how these programs make a difference. Nationwide, the Boys & Girls Clubs continue to do invaluable work, and we need to provide them with the resources to ensure they can continue these step by step, child by child efforts.”
by tim
Coldwell Banker Hickok & Boardman Realty released the Northwest Vermont Market Report: 2014 Year in Review, an analysis of the real estate market and trends for 2015 in Chittenden, Franklin, Grand Isle, and Addison Counties. As the report shows, the past year proved to be a year of ups and downs for the Northwest Vermont real estate market, ending on a positive note. Difficult winter conditions and concerns about the future of IBM’s Essex Junction plant dampened sales in the spring and early summer. The announced purchase by GlobalFounderies of the plant and sustained low interest rates were a few factors that helped strengthen the fall market.
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People's United Financial, Inc, parent of People's United Bank, (NASDAQ: PBCT) today reported net income of $64.7 million, or $0.22 per share, for the fourth quarter of 2014, compared to $59.3 million, or $0.20 per share, for the fourth quarter of 2013, and $61.6 million, or $0.21 per share, for the third quarter of 2014. Operating earnings were $65.1 million, or $0.22 per share, for the fourth quarter of 2014, compared to $60.0 million, or $0.20 per share, for the fourth quarter of 2013, and $63.0 million, or $0.21 per share, for the third quarter of 2014.
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Timbervest, LLC, an Atlanta-based company that manages timber-related assets and investments, today announced it sold more than 10,000 acres of timberland assets in Florida, South Carolina and Vermont from its Timbervest Partners I (TVP I) investment fund. The combined value of the three transactions totaled more than $14.2 million. Following the sales, the $230 million, vintage 2005 TVP I fund continues to own and manage high quality timberlands located throughout the country and its investor base consists of both institutional and high-net-worth investors.
“We are excited to complete these transactions,” said Bill Boden, managing partner of Timbervest. “Each property’s unique environmental characteristics and timber attributes made them highly attractive assets. At this stage of the TVP I fund, we are actively evaluating other sales opportunities.”
Florida Property
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With Martin Luther King weekend on the way, Vermont ski and snowboard resorts are brimming with events and deals. From fireworks to meeting owls, lodging packages to learn-to ski incentives -- check them all out at SkiVermont.com.
EVENTS
January 17, 2015 – Okemo Shakin' Skate Night
A fun evening of ice skating with a live DJ, games, and fun for the whole family in Okemo’s Ice House skating pavilion at Jackson Gore! Admission fee charged. Skate rentals available.