Current News

Vermont Business Magazine The Nuclear Regulatory Commission has issued an Order approving the transfer of the Vermont Yankee nuclear power plant operating license from Entergy to NorthStar. Entergy requested the transfer of the Vernon nuclear facility to NorthStar to decommission the plant, which ceased operations in December 2014. The NRC Order approving the transfer was issued October 11. Entergy's schedule would have fully decommissioned the site around 20175. NorthStar intends to have the job done about 2030. Work could begin as early as next year.

Vermont Business Magazine Governor Phil Scott has announced the second annual Innovation Spaces Conference, focused on creating a community among founders, users and supporters of innovation spaces in Vermont. The free conference, which will be held on Thursday, October 25 at Vermont Technical College in Randolph, Vermont, is designed to support the success of innovation spaces – the collective term for a communal and efficient shared workplace that includes coworking and maker spaces, incubators and accelerators, a new kind of business model that is spreading throughout the country and has a growing presence in Vermont.

Vermont Business Magazine Some come for the leaves. Some come for the beer … or maybe the cheese. But countless come to Vermont in the fall to pay their respects to the "dearly de-pinted"—Ben & Jerry's ice cream flavors that have gone on to the great waffle cone in the sky. Ben & Jerry's Flavor Graveyard, just a stone's throw from the company's Waterbury plant, is one of Vermont's biggest tourist attractions. With granite tombstones and a white picket fence, it's an ice cream cemetery worthy of mourners from miles away. Every day, fans stop by Wavy Gravy or Ethan Almond, Cool Brittania or Rainforest Crunch, to read their epitaphs and wonder what went wrong.

Vermont Business Magazine Vermont Legal Aid (VLA) is celebrating 50 years of working for justice. The non-profit law firm and social organization has been providing legal assistance to Vermonters when they face a civil legal problem that threatens their rights, shelter, job, health or well-being for half a century. On Thursday, October 11 at the ECHO Leahy Center for Lake Champlain in Burlington, VLA celebrated its past, present and future work.

“Vermont Legal Aid strives to advance fairness and justice, address the social and economic interests of our clients, and confront the underlying causes of poverty, discrimination and inequality,” said Eric Avildsen, Executive Director of VLA. “In our current political climate with rights being stripped away from many, the work of VLA is more important than ever before.”

Vermont Business Magazine From Boston, Massachusetts, to South Burlington, Vermont, Stantec’s New England offices were all in for the firm’s sixth annual Stantec in the Community Week. This celebration of worldwide community service occurred from September 24 – 29th with more than 5,600 team members volunteering for 321 charities around the globe.

Vermont Business Magazine The Vermont Association of Chamber of Commerce Executives announced Friday that its organization will once again be offering a variety of health insurance plans to its 29 chambers and many members throughout the state for the first time since 2013. The statewide chamber organization will partner with BlueCross BlueShield of Vermont to provide three separate plans to businesses, ranging in size from 1 to 100 employees: the VACE Advantage 100 percent Health Savings Account, the VACE Advantage Copay and the VACE Advantage Copay HSA.

Vermont Business Magazine US foreclosure activity in Q3 2018 was 36 percent below the pre-recession average of 278,912 properties with foreclosure filings per quarter between Q1 2006 and Q3 2007 — the eighth consecutive quarter where US foreclosure activity has registered below the pre-recession average. Vermont ranked 46th and New Jersey had the highest rate, ten times the Vermont rate. New Hampshire was also low at 41st, while most other states in the region were relatively high.

Vermont Business Magazine The Windham County Economic Development Program (WCEDP) is helping Whetstone Station Brewery proceed with an expansion in Brattleboro. A WCEDP loan will provide a portion of the funding to purchase real estate at 39-45 Frost Street in Brattleboro. This acquisition will allow the owners of Whetstone Station Brewery to expand their production capacity.

Vermont Business Magazine Weekly unemployment claims increased last week, but remain low. For the week of October 6, 2018, there were 330 claims, 66 more than than they were the previous week, but 6 fewer than they were a year ago. Altogether 2,433 new and continuing claims were filed, an increase of 62 from a week ago, and 110 fewer than a year ago. For most weeks of 2017 and 2018 claims have been below the year before. Vermont, like the nation as a whole, currently is locked into a historically low period of unemployment.

Vermont Business Magazine BRS has announced that it will offer new Association Health Plans (AHPs) through BlueCross and BlueShield of Vermont (BCBSVT). Association health plans had been dismantled under the original Affordable Care Act (Obamacare), which was signed into law by President Obama in 2010. As rules for the ACA have changed over the years, association plans are now allowed by the federal government. Vermont earlier this year instituted conditions under which association plans could once again be offered in Vermont. Those rules mimic ACA rules for pre-existing conditions and other key components of the ACA.

The approval of BRS’ license application by the Department of Financial Regulation (DFR) now paves the way for AHPs in Vermont.

Vermont Business Magazine Innovations for Outcomes: Access 2018 is a healthcare conference specifically designed to educate attendees on the innovative ways to support substance use care in hard to access communities. The conference is on Tuesday, October 16 from 11:30 am to 6 pm at the Waterfront Hilton in Burlington. Substance use professionals will engage and learn from industry leaders and have the opportunity to connect at a collaboration session following the conference at 4:30 pm.

Plenary speaker Dr John Brooklyn of UVM, Howard Center and BAART will share new approaches to managing and monitoring treatment in opioid use disorders.

Vermont Business Magazine In collaboration with the Vermont Community Foundation, the High Meadows Fund is committing up to $200,000 in grants towards improving forest health and integrity in Vermont. The goal of these grants is to foster collaborative approaches to creating resilient, adaptable and healthy forests that pay dividends for wildlife and contribute to the quality of life of all Vermonters, including, but not limited to, those who depend on the forests for their livelihoods.