Current News

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Vermont Business Magazine MCR Development from New York City — the country’s 4th-largest hotel owner-operator — announced Thursday that it has acquired the 117-room Stoweflake Mountain Resort & Spa in Stowe, Vermont. Financial terms were not disclosed. The resort was founded, owned and operated by the Baraw family since 1948.

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Vermont Business Magazine South Burlington accounting firm McSoley McCoy & Co announced the retirement of John F McSoley today.

McSoley’s accounting career began after his receiving his B.S. from the University of Vermont. After graduation, McSoley was employed as a staff accountant at PF Jurgs & Company. He interned there when he was a junior in college.

Ten years later that firm merged with KPMG and McSoley met Peter McCoy. Three years later, in 1990, they decided to start a company in the depths of a recession.

For the past 31+ years, John’s leadership, guidance, and his sense of humor has made McSoley McCoy & Co. what it is today… a successful accounting firm based on integrity.

Source: McSoley McCoy & Co 12.31.2021

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Vermont Business Magazine Senator Bernie Sanders (I-Vermont), joined by Governor Phil Scott, Senate President Pro Tempore Becca Balint, and House Speaker Jill Krowinski, on Monday will discuss Vermont’s nursing workforce crisis. The press conference will be held at 10 am at the State House.

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Vermont Business Magazine The State of Vermont has adopted the new Centers for Disease Control and Prevention recommendations for COVID-19 isolation and quarantine, while adding an additional layer of protection. In addition to the CDC guidance, the Department of Health guidelines allow Vermonters to end isolation on the 5th day if they have gone 24 hours without a fever and have two negative antigen tests performed at least 24 hours apart, beginning no sooner than day 4 of their isolation period. Continuing to wear a mask around others through day 10 of the isolation period is strongly recommended by both the CDC and the Health Department.

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Vermont Business Magazine Throughout December 2021, Vermont State Police received multiple reports of thefts from Dollar General stores in Richford, Enosburg, and Georgia. The same suspect was observed on security cameras loading shopping carts full of merchandise, exiting without paying - even when confronted, and loading the stolen merchandise into a vehicle before fleeing. VSP’s investigation identified the suspects as Jessica and Robert Bigelow, who reside on Weaver Street in Winooski, and a Search Warrant was granted for their residence.

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Vermont Business Magazine The Vermont Department of Corrections detected an incarcerated case of COVID-19 during intake quarantine at Chittenden Regional Correctional Facility (CRCF) in South Burlington. Vermont DOC conducted the test on December 27, with results returned December 29.

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by Timothy McQuiston, Vermont Business Magazine The Vermont Department of Health on Thursday reported a record 1,352 COVID-19 cases, the day after cases spiked to a then record of 940. The previous record was 739 cases set on December 9. The state expected a surge in cases for the holidays, driven by the new Omicron variant.

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by Kelly Nottermann, Vermont Sustainable Jobs Fund Passionate about climate change and sustainability, Jesse Thornburg and Javad Mohammadi met in Pennsylvania through their respective research on ways to reduce energy demand on the power grid—the key, they felt, to reducing greenhouse gas emissions and slowing climate change. Thornburg came from a renewable energy background, while Mohammadi had worked with utilities, but they both came to the same conclusion: big companies, including Google and Honeywell, were making headway in the residential space, but there was one niche not being targeted by the biggest players—commercial refrigeration. Drawing on their respective experience and shared research, Thornburg and Mohammadi launched Grid Fruit in late 2018 to reduce costs and emissions by bringing data-driven intelligence to food retail operations.

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In Response, Billionaire Investor Tells Senator He Will Make ‘No Recommendation’
Vermont Business Magazine Senator Bernie Sanders (I-Vermont) this week sent a letter to Warren Buffett, Chairman and Chief Executive Officer of Berkshire Hathaway, asking him to intervene in support of 450 steelworkers in West Virginia on strike for a fair contract, wages, and health care at a company owned by the billionaire investor.
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Vermont Outdoor Guide Association If increased traffic to our website is any indication, 2022 is going to be a great year for Vermont's recreation industry. Over the last two years, we have gone from an old website design with a declining number of visitors to our new website with a record number of visitors. According to the US Bureau of Economic Analysis (BEA), Vermont’s outdoor recreation to state gross domestic product (GDP) was ranked the 3rd highest in the nation in 2020.

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Vermont Business Magazine Today, President Joe Biden appointed the following individuals to serve in key regional leadership roles at the United States Department of Agriculture (USDA), the Department of Housing and Urban Development (HUD), and the Small Business Administration (SBA). Sarah Waring was named the USDA State Director, Rural Development for Vermont and New Hampshire.

“We are grateful to have Sarah Waring in the role of State Director for Vermont and New Hampshire,” said Agriculture Secretary Tom Vilsack. “With diverse skills and experiences, she will be an important representative of USDA in her jurisdiction as we work to improve the lives of the American people and build a better America.”

RD State Directors serve as the chief executive officer of Rural Development in the states and territories and are tasked with carrying out the mission of Rural Development to the benefit of everyone in rural America.

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by Anson Tebbetts And just like that, 2022 is here. Where do the days go? 2021 was another year of constant change under COVID-19. At times, we returned to our former world with its schedules, routines and traditions but the cloud of the pandemic was always with us. We welcomed vaccines to protect us against the virus arrived and so did the booster shots. Vermonters continue to do their part to mitigate the virus but it’s still with us. We are grateful for our farmers and producers who continue to feed us under challenging circumstances. We know expenses are up for feed, supplies and fuel. We also are working on solutions with finding help to do the work.