Current News

Vermont Business Magazine BAE Systems, a leader in electric propulsion solutions, has been selected by Chartwell Marine to supply the electric hybrid power and propulsion system for a new maritime research vessel for the University of Vermont. As part of the contract, BAE Systems will supply and integrate the hybrid system, working with the vessel’s builder, Derecktor Shipyard. The fully integrated HybriGen Power and Propulsion system includes electric motors, variable speed generators, battery-based energy storage system, and vessel auxiliary power with shore power charging.

Vermont Business Magazine The Vermont Department of Health reported a second consecutive day of relative few COVID-19 cases, with 62 (59 on Tuesday), but there was an additional death for 187 total statewide. The total number of cases is 13,122 since the pandemic began in March 2020. VDH is urging anyone who may have been part of a gathering, or traveled out of state, or is concerned that they may have been exposed, to get a test. Along with health protocols like wearing a mask, testing is part of the state's strategy to suppress the coronavirus. Also, as of Tuesday, over 66,000 Vermonters have been vaccinated.

Vermont Business Magazine Governor Phil Scott recently appointed Aryka Radke to be the next Deputy Commissioner of the Family Services Division of the Department for Children and Families (DCF) within the Agency of Human Services. Radke will lead the Department’s child welfare and youth justice work. Radke began her role in Family Services on February 8. Christine Johnson, current Deputy Commissioner, will be working with Radke over the next four weeks to ensure a smooth transition. Following this, Johnson will be transferring to a position within DCF.

Vermont Business Magazine The Vermont state "Bank of Mom & Dad" is beginning to turn on the lending taps to children, signaling a shift in the way young Vermonters are accessing credit since the start of the pandemic. Vermont was tied for the second lowest rate among states with 18 percent. Hawaii was the lowest at 17 percent. Of the Lower 48 states, the three lowest were all in New England. North Carolina was highest at 31 percent.

• 78% say there is no interest on loans from parents.
• 1 in 5 parents admit they are not confident they will be paid back.

See state results BELOW.

The USAWillGuru.com survey of 4,500 20-29 year olds provides a snapshot of young people’s living circumstances since the biggest economic shock in modern times.

Crisis brings out the best and worst in people, says leadership expert John Maxwell, and the world-changing effects of Covid-19 have presented a proving ground to reveal who the true leaders are in workplaces across the country.

"A crisis separates the players from the pretenders," said Maxwell, who is the author of dozens of books on leadership, the most recent of which is Change Your World.

Photo: John Maxwell. Courtesy photo.

Maxwell characterized the Covid-19 crisis as "a great time to find out who your leaders are, because you'll never know who they are by what they say." Rather, real leaders are revealed "by what they do in a very difficult time."

Vermont Business Magazine ACCD and the Agency of Education (AOE) have posted guidance for the resumption of organized indoor youth and scholastic sports. This guidance is effective February 12th with strict restrictions in place, including the number of games that can be played in a week and that no spectators will be permitted.

Vermont Business Magazine US Attorney Christina E Nolan has announced that the District of Vermont collected $105,483,842.21 in criminal and civil actions in Fiscal Year 2020. Of this amount, $27,111,668.98 was collected in criminal actions and $78,372,173.23 was collected in civil actions. The collections include amounts recovered in matters handled by the District of Vermont together with its federal partners at the Department of Justice and other United States Attorneys’ offices.

Vermont Business Magazine The Office of the United States Attorney for the District of Vermont stated that a federal grand jury, sitting in Burlington, returned an indictment charging Dorian Johnson (aka “Jon”), 27, of Bloomfield, Connecticut with distributing cocaine base within 1,000 feet of the Brewster Pierce Memorial School in Huntington, Vermont on November 5, 2020.

The indictment also charges Johnson with possession with intent to distribute, 28 grams or more of cocaine base on January 1, 2021, related to a traffic stop in Richmond, Vermont.

According to court records, the government alleges that on November 5, 2020, the defendant distributed approximately 28 grams (with packaging) of cocaine base at a residence on Main Road in Huntington, which was within 1,000 feet of the Brewster Pierce Memorial School.

Vermont Business Magazine The Parent Child Center of Rutland County is receiving $367,000 in disaster grant funding and a $833,000 direct loan from USDA Rural Development’s Community Facilities Direct Loan & Grant Program. Grant and loan funding will be used to renovate and modernize PCC’s Chaplin Campus into a community facility that includes a food pantry, affordable daycare programs and services for families disrupted by economic stress and substance abuse.

Vermont Business Magazine Governor Phil Scott announced today that the State of Vermont will provide a suite of identity protection services to all unemployment insurance claimants who will receive a 2020 1099-G from the Vermont Department of Labor (VDOL). This service is being provided in response to the inadvertent disclosure that occurred on January 29 when VDOL mailed incorrect 1099-G forms to some unemployment claimants.

​Vermont Business Magazine Vermont Conservation Voters (VCV) is pleased to announce this year’s VCV Lifetime Achievement Award winner: former State Representative Mary Sullivan of Burlington, Vermont, who retired in 2020. The VCV Lifetime Achievement Award is presented bi-annually to a Vermonter with an impressive legacy of championing policies that further environmental protection in Vermont.

by Dave Rose If your company were hacked tomorrow and all your data was encrypted would you go out of business? If your company data were stolen and being threatened to be sold on the Internet, what would you do? Hackers are no longer some vague concept or entity to be aware of. They are a harsh reality. Do not think it is only hospitals and big business that are targets. We are all at risk. All of us. Be prepared. Here is what you need to understand, and 16 action items you can take to protect your business.